The Addison County Economic Development Corporation (ACEDC) was officially chartered on November 8, 1991 as a 501 (c) (6), not for profit Vermont Corporation. ACEDC evolved out of Addison County regional economic development activities that formally began with the chartering and start up of Otter Creek Development Corporation (OCDC) in 1985. OCDC represented all Addison County towns with the exception of Hancock and Granville which are located on the other side of Breadloaf Mountain. ACEDC was initially a wholly-owned subsidiary of the Addison County Chamber of Commerce. It became a freestanding corporation in July 1994, one of 12 regional development corporations throughout Vermont.