About EMDC
EMDC is a Government & Social Sector company based in United States founded in 1967. It operates as an economic and business development is supported by EMDC foundation. Its chief executive is Lee Umphrey. EMDC offers products and services including Business Lending and Workforce Development. Its focus areas include Nonprofits and Foundations. Its legal entity is Eastern Maine Development Corporation.
Company details
EMDC was established in 1967 in the United States as a foundation dedicated to economic and business development. Initiatives are undertaken to foster growth in these sectors through advisory services, funding programs, and partnerships. Operations are primarily conducted within the U.S., with a focus on regional economic enhancement and business support. Leadership is provided by CEO and President Lee Umphrey, ensuring structured oversight of activities.
- Latest Funding Round$399.48K (USD), Grant
May 2012
- Investors
Products & Services of EMDC
EMDC offers a comprehensive portfolio of products and services, including Business Lending and Workforce Development.
Business lending services are provided to assist new and existing businesses in obtaining financing for growth
Workforce development services are offered to equip individuals with skills needed for the job market
Apps and channels of EMDC
its YouTube channel Eastern Maine Development Corporation has 55 subscribers and 30 videos.
Videos from EMDC
The most watched videos on EMDC's YouTube channel, Eastern Maine Development Corporation (55 subscribers). Click a video to play it here.
Funding Insights of EMDC
- Total Rounds 9
- Last Round Grant — $399,483
- First Round $196,189
(Aug 2007)
- Investors Count 3
All 9 funding rounds of EMDC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2012 | $399,483 | Grant | – | – | |
| Jul 2011 | $557,929 | Grant | – | – | |
| May 2011 | $517,159 | Grant | – | – | |
| Aug 2010 | $216,000 | Grant | – | – | |
| Feb 2010 | $1.68M | Grant | – | – | |
| Sep 2009 | $196,189 | Grant | – | – | |
| Jul 2009 | $580,975 | Grant | – | – | |
| Dec 2007 | $365,000 | Grant | – | – | |
| Aug 2007 | $196,189 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in EMDC
EMDC has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include National Oceanic and Atmospheric Administration, US Department of Labor and Military Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | noaa.gov | - | |
Administers labor laws, provides worker benefits, and ensures workplace protections. | 1913 | dol.gov | United States | |
Administers health care and support for military personnel and operations. | – | health.mil | Falls Church, United States |
Investor details for EMDC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of EMDC
6 people are tracked at EMDC (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Lee Umphrey | CEO & President | Leadership |
Susan Cerini | Senior Director Of Workforce And Business Services | Leadership |
Tom Fernands | Director Of Workforce Analytics | Leadership |
Christopher Paradis | Procurement (apex Accelerator) Counselor; Serving Androscoggin, Franklin, And Oxford Counties. | Team |
Janet Toth | Business Counselor | Team |
Mary Kozicki Lafontaine | Workforce Development Specialist | Team |
Complete people profiles for EMDC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of EMDC
3 dated milestones of EMDC across 45 years, from founding to its latest funding, stage changes and deals.
- Founded EMDC is founded.
- Funding First funding round of $196K.
- Funding Latest funding round, Grant, of $399K.
Web traffic of EMDC
The website of EMDC (emdc.org) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 15.1% vs previous month
Websites whose visitors overlap most with EMDC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mainebusinessworks.org | mainebusinessworks.org | 100% | – | – | – |
| mainemep.org | 90% | 1.5K | #9,991,879 | View details | |
| mdf.org | 90% | 5.1K | #3,843,490 | View details | |
| avcog.org | 90% | 21K | #523,112 | View details | |
smrpc.org | smrpc.org | 90% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for EMDC
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Foundations
10 companies that operate in the same segment as EMDC (Foundations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Humanitarian services are provided by UNICEF in developing countries. | 1946 | United States | – | – | – | |
Research institute for improving the human condition by turning knowledge into practice | 1958 | United States | – | USD 7.84 M | 92 | |
Poverty eradication efforts are coordinated by Global Citizen foundation. | 2008 | New York, New York, United States | USD 35 M | – | – | |
Disaster relief, blood services, and safety training are provided nationwide. | 1881 | United States | – | – | – | |
Innovation engineering is advanced by the Draper foundation organization. | 1932 | Cambridge, Massachusetts, United States | – | – | – | |
Foundation focused on better future for refugees, forcibly displaced communities, and stateless people | 1950 | Geneve, Geneve, Switzerland | – | – | – | |
Domain registration, fiber internet, and telecom software are provided. | 1993 | Toronto, Ontario, Canada | – | USD 390.3 M | 864 | |
Foundation engaged in the areas of science, education, and justice | 2015 | Redwood City, California, United States | – | – | 419 | |
An international organization focused on global peace and development. | 1945 | United States | – | – | – | |
International disaster relief and evangelism aid is provided worldwide. | 1970 | United States | – | – | – |
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Frequently Asked Questions about EMDC
EMDC was founded in 1967 and raised its 1st funding round 40 years after it was founded.
EMDC is headquartered in United States.
Lee Umphrey is the current CEO of EMDC.
EMDC was established in 1967 in the United States as a foundation dedicated to economic and business development. Initiatives are undertaken to foster growth in these sectors through advisory services, funding programs, and partnerships. Operations are primarily conducted within the U.S., with a focus on regional economic enhancement and business support. Leadership is provided by CEO and President Lee Umphrey, ensuring structured oversight of activities.
EMDC offers Business Lending and Workforce Development.
EMDC has 3 investors. Key investors include National Oceanic and Atmospheric Administration, US Department of Labor, and Military Health.
EMDC operates through Eastern Maine Development Corporation.