Today, the Shasta EDC announced that it received a $10,000 Work grant from U.S. Bank. U.S Bank’s corporate giving and volunteer program is called Community Possible and focuses its investments on the pillars of Work, Home and Play. The Work pillar supports programs and organizations that help small businesses thrive, allow people to succeed in the workforce, provide pathways to higher education and gain greater financial literacy. U.S. Bank has provided funding to The Economic Development Corporation of Shasta County (Shasta EDC) for a number of years.
Shasta EDC Chairman of the Board, Steve Williams, said, “There are so many great programs being developed and delivered by the EDC and this would not be possible without the generosity of our investors.” Mr. Williams added, “The investments we have received from U.S. Bank over the years have allowed us to recruit businesses and talent into our county, engage with local businesses to assist with their expansion plans, and support the development of our Startup Ecosystem which provided a catalyst for the rapid growth of the many companies which continue to emerge from this community.”
The Shasta EDC also works with the City of Redding Airport team and our airline partners focused on the objective of adding more destinations for our business and pleasure travelers. Recently, new air service, daily non-stops to Los Angeles have been announced with flights to commence on March 8, 2019.
The Shasta EDC’s Venture Hub also provides a low-cost co-working location that is used not only by startups, but more and more, by telecommuters (those employed by companies outside our area, but who work and live here in Shasta County) and free-lancers (people who work on contract on many different projects, for many different companies). There is also a “Kick Start” program to assist lower income individuals in starting a company.
Ms. Jill Letendre, Vice President and District Manager, U.S. Bank, commented, “It is our pleasure to support the EDC. A core part of our mission is giving back to the communities where we live and work. Our core values include putting people first at U.S. Bank and this is clearly a way to support this core value. Building a strong small business environment and an educated workforce fosters prosperity and growth in our communities. Our goals, objectives, and activities of the Shasta EDC are well-aligned in support of this mission. We are pleased and proud to extend our partnership with the Shasta EDC in 2019.”
The EDC of Shasta County is a 501(c)(3) California Non-Profit Public Benefit Corporation focused on growing, diversifying and maintaining a balanced economy, leading to more economic stability and sustainability for our region in the primary industries and technology sectors.
Shasta EDC does not discriminate against any person on the basis of race, color, national origin, disability, or age in admission, treatment, or participation in its programs, services and activities, or in employment.
About Community Possible Community Possible is the corporate giving and volunteer program at U.S. Bank, focused on the areas of Work, Home and Play. The company invests in programs that provide stable employment, a safe place to call home and a community connected through arts, culture, recreation and play. Philanthropic support through the U.S. Bank Foundation and corporate giving program reached $54.2 million in 2016. Visit www.usbank.com/community
About U.S. Bank U.S. Bancorp, with 74,000 employees and $465 billion in assets as of September 30, 2018, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2018 World’s Most Ethical Company. Visit U.S. Bank at www.usbank.com or follow on social media to stay up to date with company news.