Sitka economic development ASSOCIATIOn
fostering a healthy business environment for industry & Sitka.
The Sitka Economic Development Association (SEDA) was established on January 23, 1997 by a committee of the Greater Sitka Chamber of Commerce in response to economic conditions in the years immediately after the closure of the local pulp mill in 1993. SEDA is the only organization focused solely on economic development for the community of Sitka. The direct goals of SEDA's Economic Development activities are:
Creating living wage employment opportunities.
Growing the local economy by creating jobs that pay more than the current average wage.
Increasing private investment.
Expanding the City's tax base.
Maintaining a high quality of life for Sitka residents.
SEDA is a 501(c)(3) non-profit organization. Donations to SEDA are tax deductible and support SEDA's efforts to create and maintain an economy that provides a high quality of life for Sitka's residents.
SEDA has a volunteer nine member Board of Directors representing diverse sectors of the community including seafood, banking, real estate, insurance, transportation and retail.
SEDA has a full-time Executive Director and a part-time Administrative Assistant. These are the only paid staff.
SEDA has a contract with the City and Borough of Sitka to manage the marketing and development of property at the Gary Paxton Industrial Park.