Institute of Economic Development (IED)

The Institute of Economic Development (IED) is the UK’s leading independent professional body representing economic development and regeneration practitioners working for local and regional communities. Representing You…. Established nearly 40 years ago, the IED’s key objective is to represent the interests of its members and ensure their views are widely expressed and noted. The IED is committed to demonstrating the value of economic development work for local and regional communities; the pursuit of best practice in economic development and the attainment of the highest standards of professional conduct and competence. Connecting You…. We manage a valuable network of professionals engaged in economic development and its associated professions from both the private and public sectors enabling you to share best practice, enhance your knowledge and accelerate your professional development both at a local and national level. Supporting You…. We provide and promote a range of Continuous Professional Development opportunities at national and regional levels. Our introduction of the Excellence in Economic Development and the associated Self-Assessment Toolkit allows organisations in both the public and private sector to develop the competence of their people, projects and processes, facilitate the exchange of best practice and enable benchmarking over time. Our Board…We are a not for profit company run by a Board of elected Directors. For more information about our current Board of Directors, please follow the links on the left. Our latest Annual Report can be found by clicking on the link in the left hand menu. Our Patron…The Rt Hon Greg Clark MP, formerly Secretary of State for Business, Energy and Industrial Strategy from July 2016 to July 2019, is the new Patron of the Institute for Economic Development (IED). Mr Clark takes up the unpaid role from retiring Patron, Sir Howard Bernstein, who held the position for the past four years. For the press release on this appointment please click here. Business Development Plan Jan 2020 - December 2022…Follow the link below to read a summary of our recently developed Business Plan.