NEW HAVEN, CONN. — New Haven Mayor John SeStefano, Jr. has announced the formation of the Economic Development Corporation (EDC) of New Haven. The new EDC will operate to attract new businesses to the area and help maintain existing companies. In addition, the EDC will work to ensure that New Haven is well positioned for future growth and long-term prosperity. Michele Whelley has been appointed the CEO. She comes to New Haven with more than 20 years of experience in economic development in both the private and public sectors.