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      Basic Economic Development Course/ IEDC 
      Economic Development Training Courses

In keeping with its basic mission to enhance the professionalism of its members, VEDA will offer up to two scholarships (amount to be determined in the budget process) to attend any one of 22 accredited Basic Economic Development Courses offered throughout the United States or any one of the International Economic Development Council (IEDC) Economic Development Training Courses

Affiliated with 21 universities and one state agency, the Basic Economic Development Course (BECD) is to provide those interested in economic development, or those new to the field, with a foundation on the primary elements of the economic development profession.

With 12 courses offered in multiple locations around the country, IEDC’s training courses are a source of economic development education for professionals at all levels. Course topics cover key subjects such as economic development planning, as well as specialized issues like brownfield redevelopment and neighborhood development strategies. Each course is guided by a curriculum, developed over the past ten years and constantly updated with new ideas and information.

The IEDC Courses can be taken independently or as a part of the IEDC Certification process. VEDA does not fund the taking of the Certified Economic Developer (CEcD) exam. Core courses offered include: Introduction to Economic Development; Economic Development Credit Analysis; Real Estate Development & Reuse; and Business Retention and Expansion. Elective courses are also offered.

Depending on budget allocation, VEDA will award up to two scholarships per year to individuals who work for communities, agencies, or companies that due to budget constraints have difficulty funding training for their employees.

Application information is preferred to be in electronic (email) format for easy distribution to review committee; however, faxes will be accepted. The application shall consist of

  • A VEDA Scholarship Request Form
  • A resume
  • Letter of support or recommendation from a superior or sponsor
  • A one-page statement defining the applicant’s role in his/her community’s economic development efforts with potential impacts of that involvement.
  • Copy of the budget for economic development from your organization, which clearly specifies total professional development funds available. Please list employer’s total number of employees.
The following rules apply:
  • Applicant’s job description must be clearly defined as economic development.
  • Individual must be a VEDA member prior to applying for a scholarship. Candidates representing public organizations will be given consideration in deference to applicants affiliated with private firms.
  • Financial needs of the candidate’s organization will be given consideration.
  • The scholarship is not transferable to another individual.
  • The scholarship must be utilized within the calendar year in which it is awarded.
Dates, times and locations of these courses may be found in the Calendar section of this web site.