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CPD Online: Introduction to economic development

06 Jul 2020 - Online via Zoom Webinar

Important - this webinar will run over 3 separate sessions, each running for 90 minutes on the 6th, 7th and 8th July.

Run by the Institute of Economic Development Executive Director, Nigel Wilcock.

This webinar (run over 3 separate sessions on consecutive days) will cover two separate modules from the IED (Institute of Economic Development) Introduction to Economic Development programme.

The modules are designed to give those new to economic development a real flavour of some of the key disciplines and this webinar will cover two modules. Whilst developed pre the COVID-19 crisis, of course discussion will include key aspects of economic renewal following the pandemic.

Attendance is open to both IED members and non IED members.

Module 1. An introduction to Economic Development

This CPD course is intended to provide a broad introduction to economic development, what it is, who are the key players and how it can be delivered. The course is designed for people working in a role which requires a wide understanding of the role economic development plays in driving vibrant and sustainable economies. It is aimed at creating a good understanding for both economic development practitioners and those who have recently become involved in economic development, including councillors and Local Enterprise Partnership board members.

Topics that will be covered as part of this module include:

• The economic development landscape - what form economic development takes in different places and the key players involved

• The government’s approach to economic development

• The role and remit of Local Economic Partnerships (LEPs)

• Funding streams available to support economic development

Module 2. Economic Development’s role in attracting and securing investment

This session is intended to introduce the activities involved in the promotion of an area and the attraction of inward investment interest and converting projects into successful investments. In particular the detailed comparative data and financial information involved in creating a compelling investment case – and what makes a difference in inward investment attraction.

Topics that will be covered as part of this course include:
This webinar will be delivered by Nigel Wilcock, Executive Director of the IED.

  • Detailed comparative analysis of locations securing investment, the origin of investment and the sectors generating projects
  • Why companies invest overseas and the response of agencies in attraction
  • Developing a headline case for the attraction of investment
  • How companies make investment decisions
  • Detailed investor conversations & analysis
  • Location shortlisting
  • Qualitative Evaluation
  • Financial business cases
  • Decision makers and the process – making a difference
  • Key steps against stages of investment decision making
  • Delivering on implementation

The price for the webinar (for all 3 sessions) for IED members is £90+VAT, the price for non IED members is £135+VAT.

The webinar sessions will be on:

6th July 2.00-3.30pm

7th July 2.00-3.30pm

8th July 2.00-3.30pm

There is an expectation that delegates will attend all 3 webinars. If you are unable to attend all 3, you can request for a recording of the missed webinar, but there will be no discount should you not be able to attend all 3.

Please note that the webinars will be conducted via Zoom and you will be able to ask live questions via the chat during the course of the sessions.

Please check that your organisation/device is Zoom enabled before purchasing your ticket. 

To book onto this course please email us at

Once you have registered, we will send you a link to the first Zoom webinar on 6th July as well as the subsequent webinars on the 7th and 8th July.

We need a minimum of 10 delegates to run this course. If minimum numbers are not met, this course will not run and you will receive a full refund.

Remember, the IED requires ALL associate and full members to log at least 40 hours of CPD over a two year period. Half of all CPD logged – 20 hours – needs to consist of formal CPD activity.

Please note, if you are not yet an IED member, why not consider joining to take advantage of the member rate for this and future CPD events? Get in touch with us at for further info.

Please note that we are happy to provide this course or other CPD courses directly to your organisation - for now, these will all be delivered online. Please get in touch with us for more details.

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