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About IED

The Institute of Economic Development (IED) is the UK’s leading independent professional body representing economic development and regeneration practitioners working for local and regional communities.

Representing You.... Established over 30 years ago, the IED's key objective is to represent the interests of its members and ensure their views are widely expressed and noted. 

The IED is committed to demonstrating the value of economic development work for local and regional communities; the pursuit of best practice in economic development and the attainment of the highest standards of professional conduct and competence.

Connecting You.... We manage a valuable network of professionals engaged in economic development and its associated professions from both the private and public sectors enabling you to share best practice, enhance your knowledge and accelerate your professional development both at a local and national level.

Supporting You.... We provide and promote a range of Continuous Professional Development opportunities at national and regional levels through our regional network and partner organisations. Our introduction of the Excellence in Economic Development standard and the associated Self-Assessment Toolkit allows organisations in both the public and private sector to develop the competence of their people, projects and processes, facilitate the exchange of best practice and enable benchmarking over time.

Our Board…We are a not for profit company run by a Board of elected Directors. For more information about our current Board of Directors, please follow the links on the left. Our latest Annual Report can be found by clicking on the link in the left hand menu.

Our Patron…Sir Howard Bernstein, the former Chief Executive of Manchester City Council, is the new Patron of the Institute for Economic Development (IED). Sir Howard takes up the unpaid role from retiring Patron, Lord Michael Heseltine, who held the position for the last four years. Speaking of his new role at the IED, Sir Howard said: “The IED provides exceptional support as the UK’s leading professional body representing economic development and regeneration practitioners working for local and regional communities. It provides counsel to its members on issues that I am deeply passionate about, such as local and regional authority development, economic and infrastructure regeneration and place management. I hope to support the IED’s organisational development to benefit its members, which in turn an impact on those working ‘on the ground’ in local government.”

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