Sherman & Stacyville
Upper Valley Economic Corporation
The Upper Valley Economic Council (UVEC) is an organization of community and business leaders in Sherman and Stacyville. We are here to provide start-up, expansion and relocation assistance to the business community and to assist of the Municipalities of Stacyville & Sherman with funding resources for their Communities and Organizations.
What we do:
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Grant writing services
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Business consultation
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Business Development
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Business Expansion
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Business Loans
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Business Directory
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Copying & Printing services
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Food Pantry
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Funding Resources for Businesses, Municipalities, and Local Organizations.
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Grant writing assistance for Businesses, Municipalities, and Local organizations.
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Contact information for Local, State, and Federal Agencies.
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Start-up, expansion and relocation assistance to the Business Community.
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Free listings on our web site for Businesses, Municipalities, and Local Organizations.
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Free listing in our Business Directory for Businesses, Municipalities, and Local Organizations.
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Revolving Loan Fund for Start up and existing Businesses
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Copying & Printing Services for Citizens & Local organizations
Donations to UVEC are tax deductible expenses.
Anyone interested in donating food, goods, etc to UVEC can deduct their donation from their taxes. The Upper Valley Economic Corporation has 501(c)(3) tax-exempt status. UVEC has donor receipt forms at our Office Location.
Services:
About Us:
The Upper Valley Economic Council was formed in 1999 to address concerns with the future of a local employer. The Council was created to represent a number of communities, which would be directly affected by the closure of this business. Original members of the council were the four towns of Sherman, Patten, Stacyville, and Mount Chase. UVEC now represents and is funded by Stacyville & Sherman. The Council decided to focus on two aspects of economic development, marketing the area for new business and working with local people to help them start a new business.
Vision Statement:
“UVEC will create, within its member communities, the best possible environment for local investment and entrepreneurial activity. UVEC will foster pride and confidence from residents, businesses and municipal leaders by focusing on the positive attributes of the area. UVEC will assist and support existing business expansion, while promoting the area to those new industries that are ecologically sustainable, and complement the valued aspects of the local lifestyle. UVEC will utilize the area’s strategic location as the North Entrance to Baxter State Park, its unique natural resources, scenic vistas and industrious work force in its efforts to preserve, protect and improve opportunities for young and old through strategically planned, thoughtfully implemented economic development.”
Mission Statement:
The Upper Valley Economic Corporation, a 501-(c) 3, non-profit corporation, is a consortium of the two communities of Sherman and Stacyville whose mission is to provide the best possible environment for local investment and entrepreneurial activity; to promote existing business expansion; to market the area to new industries; to compliment the valued aspects of the local lifestyle and to provide a point of contact/access (office) for inquiries from individuals and local, state and federal officials.
Who We Are:
UVEC is comprised of a five man Board of Directors and a Chairman. There can be three Board of Directors representating a Town. The Town selects the representatives at their annual Town Meeting. The Town also votes to fund UVEC at their annual Town Meeting. UVEC employs one person who is the Office Manager. The Office Manager handles the day to day operations.
UVEC Officers
Chairman: Chris Smith
Treasurer: Linda Lynch
Secretary: Alvin Theriault
Office Manager: Jeff Packard
Board of Directors
Steve Gould: Sherman
Lois Eash: Sherman
John Qualey: Sherman
Alvin Theriault: Stacyville
Harold Skane: Stacyville
Revolving Loan Fund:
UVEC is now offering the citizens of Stacyville and Sherman, and citizens in Southern Aroostook and Northern Penobscot County, a revolving loan fund (RLF) as a gap financing measure for the development and expansion of small businesses. Establishing a revolving loan fund would provide access to a flexible source of capital that can be used in combination with more conventional sources. The RLF would be a bridge between the amount the borrower can obtain on the private market and the amount needed to start or sustain a business.
Please feel free to download the documents for your review. If you have any questions about this program please call Jeff Packard at 207-365-7631.