economic development agency

An Economic Development Agency is a government or non-profit organization that focuses on promoting economic growth and job creation in a specific area, such as a city or region. These agencies support local businesses, attract new investments, and improve infrastructure to enhance the overall economic environment. They often provide resources like funding, training, and guidance to entrepreneurs and companies looking to expand. Their goal is to foster sustainable development, enhance the quality of life for residents, and ensure a vibrant economy that benefits all community members.