Economic Development Officer
Introduction
Economic development in local government is all about improving
the economy of an area, by attracting new businesses, encouraging
investment opportunities, increasing job opportunities, promoting
leisure and tourism and identifying opportunities for sustainable
growth and development. Economic Development Officers draw up
local economic development strategies and implement actions to
achieve all this.
Work Environment
Local government Economic Development Officers are office-based,
although they spend a lot of time travelling to meetings with local
business representatives or partner organisations.
Daily Activities
The role of an Economic Development Officer in a local council can
be varied and includes work at both a strategic level and at
operational, implementation level. Duties might include some
or all of the following:
- carrying out surveys, research and consultations in order to
write a local economic development strategy;
- creating an action plan in order to implement the economic
development strategy and monitoring its progress;
- seeking opportunities for external funding and making
bids;
- project managing economic development and regeneration
schemes;
- working closely in partnership with other organisations
including the Sector Skills Council, Welsh Government, neighbouring
councils, the Chamber of Commerce and Jobcentre Plus;
- providing advice for local entrepreneurs and business
start-ups;
- acting as a first point of call for investment enquiries;
- promoting the development of tourism in the area;
- encouraging sustainable business practices.
Some larger councils might employ Economic Development Officers
in more specialist areas of work, such as inward investment,
European funding or business development/advice.
Skills & Abilities
Local government economic development officers need:
- business acumen skills;
- financial ability;
- communication skills;
- an ability to build relationships with partner organisations,
and network;
- project management skills;
- an understanding of development and regeneration;
- an understanding of strategic direction.
Entry Requirements
There are no specific minimum requirements, but most local
councils ask for a degree in a relevant subject, such as economics,
planning, business studies, geography or estates management.
Some local councils might ask for previous experience within
economic development or of putting funding bids together.
Future Prospects & Opportunities
Local government Economic Development Officers may move into the
role after some experience as an economic development or business
development assistant. There may be opportunities to progress
to managerial positions within economic development or finance.
Further Information & Services
British Chambers of Commerce www.britishchambers.org.uk
Federation for Industry Sector Skills & Standards www.sscalliance.org
Institute of Economic Development www.ied.co.uk
Welsh Government www.wales.gov.uk/topics/businessandeconomy
You may find further information about this area of work through
Careers Wales (www.careerswales.com/) or
in your local library, careers office or school careers
library.
Related Links