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MAEDC marks Economic Development Week

Posted 5/9/23

Moberly Area Economic Development Corporation (MAEDC) marks the week of May 8 to May 12, 2023, as the next Economic Development Week. During this week, communities across North America will celebrate …

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MAEDC marks Economic Development Week

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Moberly Area Economic Development Corporation (MAEDC) marks the week of May 8 to May 12, 2023, as the next Economic Development Week. During this week, communities across North America will celebrate and recognize the contributions made by professional economic developers to create more economically vibrant and livable communities.

Created in 2016 by International Economic Development Council (IEDC), the largest international professional trade association for economic developers, Economic Development Week aims to increase awareness for local programs that create jobs, advance career development opportunities, and improve the quality of life in communities everywhere.

The Moberly Area Economic Development Corporation (MAEDC) is a non-profit organization that focuses on promoting economic growth in the Moberly, Missouri region. Founded in 1988, MAEDC serves as the primary economic development organization for the city of Moberly and Howard County.

 MAEDC’s mission is to create jobs, increase investment, and improve the quality of life for residents of the region. The organization accomplishes this by working with businesses, community leaders, and government officials to provide a range of services that help companies expand or relocate to the area.

MAEDC's services include site selection assistance, access to financing and incentives, workforce development programs, and business retention and expansion services. The organization also works to promote the region's assets and attract new businesses and investment through marketing and outreach efforts.

 “Over the years, MAEDC has helped numerous companies establish or expand their operations in the region, creating jobs and contributing to the area's economic vitality,” says Randy Asbury, MAEDC President. “The organization has also played a key role in developing several industrial parks and other infrastructure projects that have helped attract investment and support business growth.”

 MAEDC is governed by a board of directors composed of business and community leaders from the region. The organization is funded through a combination of public and private sources, including membership dues, grants, and contributions from local governments and businesses.

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