Economic Development Corporations

Economic Development Corporations (EDCs) are organizations that work to improve a region's economy. They attract and support new businesses, help existing businesses expand, and create jobs. EDCs often provide resources like funding, incentives, or services to encourage economic growth. Their goal is to boost the local economy's strength and sustainability, benefiting the community by increasing employment opportunities and infrastructure development. They collaborate with government agencies, private companies, and community groups to promote a vibrant, competitive local economy.