The Kennebec Regional Development Authority (KRDA) is a quasi-municipal organization created by the state legislature. It’s legislative mandate is to promote economic development in the Kennebec River Valley under a collaborative basis. FirstPark, the state’s premier business address and technology park, is a manifestation of this cooperative ideal. The KRDA represents the most successful lead generation program for foreign direct investment in the state. In 2016 the KRDA introduced 5 firms to the region representing over $40M in investment in Central Mane and announced the investment of Envirem, from Fredricton, NB. The KRDA is actively seeking developers willing to invest in the Central Maine region to provide facilities for the portfolio of firms it is advising and assisting into the Kennebec Valley.
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