Why Seattle-King County?
Founded in 1971, the Economic Development Council of Seattle & King County (EDC) is the only public-private economic development partnership encompassing King County and its 39 cities. We provide one-on-one, confidential consulting services, free-of-charge, to individual businesses seeking to establish, expand or relocate to Seattle and King County.
Our mission is to expand and diversify the economy throughout King County by retaining and recruiting jobs, growing strong and sustainable industry clusters, and promoting global competitiveness for Washington State. Our objective is to become the premier economic development organization in the US through a customized sector-based client services program focused on business retention, expansion, and recruitment. Most of all, we are committed to being your go-to source for economic information on Seattle and the 39 cities of King County through our cluster-driven, client-focused approach. For personalized help, please feel free to contact us.
King County is unlike any other region in the world, bringing together visionary leaders across industries in a culture that nurtures and supports new thinking and bold ideas. At the EDC, we are passionate about this region and helping businesses make the most of the opportunities that it holds.
In 2014, the EDC staff worked hard over the summer updating the organization’s strategic plan and developing metrics by which to gauge our performance in five key programmatic areas as well as organizational vitality. We gathered feedback from more than 400 stakeholders around King County—including EDC board members, Mayors from across the county, education, industry and labor leaders—that resulted in our 2014-2015 Strategic Plan (now known as the Economic Vitality Action Plan), which focuses on the following objectives to gauge measurable impacts in four key areas as well as organizational vitality. See our objectives below or download our 2017 Economic Vitality Action Plan here.
Curious about how we're performing? Click here or scroll below to view our Performance Report Cards.
Objective 1: Grow Local Jobs - Help existing employers retain and expand jobs to improve economic vitality county-wide
In any community, most jobs are created locally. The EDC will work with local employers to identify opportunities for growth, help increase the number of jobs—particularly middle income jobs—in King County and foster a diverse and sustainable economy. Our sector-based outreach helps identify employers “at risk” so that targeted retention efforts can be set in motion early on.
Objective 2: Recruit New Jobs - Recruit growing companies, especially those that improve regional supply chains in targeted sectors
The Seattle-King County region is a growing target of investment for global companies. The EDC will work quickly and agressively to respond to company and site selector requests and identify high-growth “gazelle” companies and gaps in supply chains to target for recruitment.
Objective 3: Support Startups - Cultivate King County’s next generation of businesses and entrepreneurs
Washington State has more business starts per capita than any other state. The creation of new businesses is another valuable way we can grow the economy of this region. To increase the chances of business success, the EDC will support and promote a variety of opportunities for startup and entrepreneurial assistance.
Objective 4: Strengthen Industry Clusters - Fortify key sectors to create a robust and diverse economic base
The EDC’s unique value flows from our cluster-driven, client-focused approach to business development. This in-depth approach provides an avenue for our team to partner with key industry associations to identify steps that can be taken to strengthen the sectors themselves, allowing for a more robust and diverse economy and more intentional marketing efforts.
Organization Vitality: Create a “best-in-class” organization led by a strong and dynamic Board and staffed by forward-thinking economic development professionals
The EDC is a small but impactful organization staffed by dedicated professionals committed to its mission and lead by a Board of Directors that includes some of the region’s top leaders. To meet these objectives and grow the local economy, the EDC must also work to strengthen the organization from the inside out.
In 2013, the EDC board and staff finalized a new Five-Year Business Plan for the EDC which guides the organization’s development and informs investors and community stakeholders on its five-year goals and activities. View the EDC’s Five-Year Business Plan here. We update our Strategic Plan (linked above) and the related action items on an annual basis each fall, and we are currently reviewing our Five-Year Business Plan and shaping a new Long-Term Business Plan. We will hold another series of Strategic Update & Open Forum lunches for our investors in August 2016 to help define the direction of a new EDC2020 Long-Term Business Plan, and we welcome your feedback as we undertake this exciting and important update.
In an effort to report our progress to our investors and the public in a transparent and accountable way, we update our Performance Metrics on a quaretly basis. See the current Quarterly Performance Report Card below, followed by Annual Performance Report Cards from previous years (Click the image to enlarge and download).
EDC Performance Report Card - Q1 2017
EDC Performance Report Card - 2016
EDC Performance Report Card - 2015
Why Seattle-King County?
....It's Home of Big Ideas!
The EDC provides confidential consulting services, free-of-charge, to businesses seeking to establish operations, expand, or relocate within King County.