An economic development corporation is an organization common in the United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, usually a 501(c)(3) non-profit whose mission is to promote economic development within a specific geographical area. These organizations are similar to, and complementary to Chambers of Commerce

Chamber of commerce

A chamber of commerce is a form of business network, e.g., a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community...

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For Further Research

Blanco, Magdelana. 2009. Preliminary Assessment of Statutory Compliance of 4A and 4B Economic Development Corporations in Texas with the Development Corporation Act of 1979. Applied Research Project. Texas State University. http://ecommons.txstate.edu/arp/300/