Local Economic Development Corporations receive funding in a variety of ways from multiple sources. An email survey conducted by the Governor’s Office of Economic Development in August / September 2015 elicited responses from 55 local and regional EDCs on how their organizations are funded.
The survey asked the following six questions and if it was okay to share an individual EDC’s information. While 10 organizations requested their information not be identified, the results presented in this report include all 55 responses.
- Name of EDC
- Name of Community
- Population of Community
- Source(s) of All Funds for EDC
- % of Annual Funds from Each Source
- Total Annual Operating Budget
Review the Survey Results here: 2015 EDC Funding Survey Results