What is The Tweed Economic Development Corporation? page image

What is The Tweed Economic Development Corporation?

The Tweed Economic Development Corporation Ltd (TEDC) is an independent company, limited by guarantee, established by the Tweed Shire Council in 1997 to provide leadership and direction to the development of sustainable economic growth in Tweed shire.

The TEDC is governed by a Board of nine independent Directors, representing broad and diverse business and professional backgrounds, and three appointed directors representing professional staff and elected representatives of Tweed Shire Council.

The TEDC is the peak economic development organisation for the Tweed Shire and its function is to represent the interests of the broader business community, by initiating and encouraging broad and diverse business and investment growth across all Tweed industry sectors.

The TEDC approaches its task in a professional and diverse manner by presenting the facts on the structure of the local economy, by informing policy development at the local government level, and by initiating projects and proposals which encourage and facilitate, sustainable, job generating economic activity.

The Tweed Shire has long been recognised as an enviable and desirable lifestyle destination, which has resulted in increased population growth, particularly with retirees seeking coastal lifestyle locations. From a business and investment perspective this population growth must be balanced by growth in the broader business, commercial, health and education sectors which are a mix necessary to encourage growth in the lower socio-economic age demographic who are buy definition, greater contributors to the local economy.

The TEDC team brings an independent, professional and commercial level of expertise and experience to the role of economic development at local authority level, as well as providing professional expertise in the area of economics and marketing.

The commercial experience and approach adopted by TEDC has resulted in TEDC becoming the first point of contact for new business and investment inquiries interested in seeking information on business and investment opportunities in the Tweed.