The Southeast Texas Economic Development Foundation, as part of its mission, provides small business financing options to qualifying enterprises. SETEDF recognizes the importance of small business as the backbone of the US economy. It has been
widely reported, for a number of years now, that small businesses
account for nearly 80% of the workforce, and nearly half of the GDP. Southeast Texas Economic Development Foundation is a financial advocate for locally owned businesses seeking to expand existing enterprises or bring a new concepts to market.
SETEDF is a Certified Development Company offering the Real Estate Advantage Loan Program through the U.S. Small Business Administration. The Foundation also participates in the marketing efforts of the City of Beaumont's Revolving Loan Program.