An Economic Development Corporation (EDC) is a public or private organization focused on promoting economic growth in a specific area. EDCs work to attract new businesses, support existing companies, and create jobs. They often collaborate with local governments, businesses, and community organizations to develop strategies that enhance the local economy. EDCs may provide various services, including financial assistance, workforce development, and infrastructure improvements. They aim to improve the overall quality of life for residents by fostering a vibrant business environment. By focusing on sustainable growth, EDCs contribute to the long-term prosperity of their communities.