Financing Business Opportunity  

March 2016
In This Issue
Client Spotlight
AEDC in Eureka !
Lemonade Day
DePace leads North Coast SBDC
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From the Executive Director
Winters in Humboldt can be tough and this year was no exception. We were forced to hunker down and weather quite a few storms, but spring is here. As I write this, I'm looking at bright sunshine and the promise of new growth.

Running a business often follows a cycle of seasons. There is the new growth of spring, the lazy days of summer (well, maybe not that one), the slowing down of fall and sometimes the hunkering down and doing what you can of winter. But then spring comes again, with the promise of new beginnings. 

Spring, she reminds us, is when a business starts to see the fruit of its labor.  Implementing plans and working with networks results in growth we can appreciate and enjoy, though it keeps us very busy. it's also a time when you might wish you had more capital to keep up with it all. If so, we hope to hear from you. 

Happy Spring everyone! 


AEDC Client Spotlight 

Nilsen Company 

March marked the grand opening of Nilsen Company in Arcata. Festivities c ontinued throughout the weekend with store-wide sales and specials, vendor samples and demonstrations.  

The new Arcata Store   offers Fencing Materials, Lumber, Livestock Feeds and First Aid Items, Hardware, Plumbing, Garden Supplies, Bee Keeping, Pet Foods, Carhartt/Wrangler/Ariat Clothing, Key Machine/Engraving, and so much more.

The Arcata store is located at 1296 11th Street, Arcata.  

Nilson Company was established in 1896 by Oscar Nilsen. At that time the small Eureka store carried groceries, and general household goods.  The business thrived and the focus eventually shifted to agriculture 
based products like feed, hardware, and ranching supplies.  Today Nilsen also offers clothing, tack, animal health and nursery items.

The company is still family owned (fifth generation) and has stores in Eureka, Ferndale, Redway and now ARCATA.

AEDC is proud to support this local business!

Big News  

AEDC Now in Eureka 

AEDC is now following our own advice and building equity in  OUR OWN BUILDING.

We are proud of our new space and want to share with clients, partners and interested community members. We are getting close to having the building completed. When the landscaping is done and the signage is up, we will host a small celebration. But, you don't have to wait for that to v isit. We're happy to see you.

Please make note of our new address and phone numbers 
707 K Street, Eureka, CA 95501
Phone: 707-798-6132
Fax: 707-798-6130

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Supporting our Youth  

Humboldt Lemonade Day Coming June 4, 2016 

Help a child you know participate and learn  how to start, own and operate their own business by operating a lemonade stand.  

Participants learn to set goals, develop a business plan and budget, seek investors and are encouraged to give some of their profits back to the community.   They also have an opportunity to learn important job skills like money management, customer service and more. 

Registration begins 
Friday, April 1 
at www.

Please contact Susan Seaman for information on how YOU can support our youth entrepreneurs by sponsoring Lemonade Day or 707-822-4616, ext. 12

* * * 
AEDC News 

Janet DePace Interim Director  
North Coast SBDC 

Janet DePace has worn a lot of professional hats over the years, which has made her current position as Interim Director of the North Coast Small Business Development Center such a good fit.
Depace holds a BA in Resource Interpretation & Planning with a special focus in Soils, Sociology & Accounting  and has worked as an Independent Bookkeeper, was Co-Founder of Wheels of Industry Inc (later named Yakima Products Inc), served as member of the Board of Directors & Manager of  Fire & Light Inc and has worked as an independent business consultant in the areas of focused systems analysis, cross-function teams, partnership mediations. She is also an instructor in swimming, CPR and first aid for Red Cross and Heart Association
"My background in science, sociology and teaching provides a good foundation for understanding business systems and to anticipate what changes are likely to produce which outcomes," DePace said. 
She started working with the NCSBDC as a contractor in 2000 and transitioned into a business advisor soon after, teaching workshops and working individually  with current and aspiring entrepreneurs. "When my businesses were forming and growing, there was no local SBDC office to turn to for assistance. It seemed as though we were constantly running into roadblocks or rethinking decisions. When I found the NorthCoast SBDC and learned its mission of assisting small businesses I wanted to work with them in order to be able to help small business owners avoid some of the pitfalls that we fell into.

As a Certified Business Advisor, DePace says she acted primarily as a generalist, assisting owners in identifying aspects of their business that were either underdeveloped or underperforming.  "As always, the goal was to coach and mentor the business owner through their current issue in a way that builds their skills and resources so that they can more effectively tackle future challenges," she said. 
As Interim Director, DePace now runs the day to day operations of the North Coast Small Business Development Center.  She also serves on the Executive committee of AEDC and the Workforce Investment Board
The Small Business Development Centers are a nationwide network focused on providing assistance to any business with less than $13 million in annual sales. In addition to local advisors and mentors, NorthCoast SBDC has the ability to tap into resources and advisors in the rest of the network.  
The  NCSBDC also collaborates with most of the other 'business support' agencies, lenders, and economic developers in Humboldt and Del Norte Counties and is positioned to assist a business owner in creating a personalized plan that makes the best use of all of them.

Learn more about North Coast SBDC's services at

Upcoming Workshop


Friday, April 8, 2016 
11:30 a.m. to 2 p.m.
D Street Center, Arcata

Join us for the final lunch in our four part Business Leader Luncheon Series on the cannabis industry. Chris Gaines, HSU Lecturer and Intern Director for the HSU School of Business, will look at several branding efforts in Humboldt, including several cannabis businesses and Humboldt Made, a local branding effort for specialty foods. 

The luncheon is $25 and will be catered by Nourish Bistro and Catering. Visit here to get more information or to register. 

Business Leader Luncheons are hosted by the Prosperity Network, and are sponsored by AEDC, the HSU Office of Research, Economic and Community Development, HSU Institute of Interdisciplinary Marijuana Research, the City of Eureka and the City of Arcata. 

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We are proud of the variety of businesses we've served over the years at AEDC. We would love to include you in our family of success stories. 


Visit to get more information about AEDC loans, events and programs. 



Ross Welch
Executive Director
(707) 822-4616 ext. 11