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Local Economic Development Agencies for governance and internationalization of local economies

The Local Economic Development Agencies (LEDAs) are legal, no profit structures, owned by the public and private entities of the territory. Through the LEDA the local actors plan and activate, in a shared way, initiatives for territorial economic development, identify the most convenient instruments for their realization and enhance a coherent system for their technical and financial support.

The LEDAs provide several services to the population and institutions, such as territorial promotion, economic dynamization, credit, technical assistance to businesses, entrepreneurial training, with the objectives of supporting productive competitive development and economic innovation, within the perspective of an equitable, ecologic, and human development.

 

By Franco Jimmy Torres, Oscar Chicas, Ridvan Troshani, José Coelho