Tyler Economic Development Council
Tyler Economic Development Council (TEDC) is a private nonprofit founded in 1989 that promotes job creation and economic diversification in Tyler and Smith County, Texas, by recruiting, retaining, and expanding businesses across manufacturing, corporate services, IT, and regional headquarters.
- Company typePrivate
- Founded1989
- HeadquartersTyler, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Tyler Economic Development Council does
Tyler Economic Development Council (TEDC) is a private nonprofit economic development organization founded in 1989 to promote the creation and retention of primary jobs for Tyler and to diversify the economic base of Tyler and Smith County, Texas. Operating from 315 N. Broadway Avenue, Suite 300 in Tyler, TEDC serves as the principal liaison between prospective and existing businesses and local/county government, providing site selection assistance, workforce development coordination, business expansion support, available-properties search, and guidance on business incentives, taxes, and utilities/infrastructure. It does not sell products or services in the commercial sense; instead, it markets Tyler/Smith County as a location for four target verticals — Regional Headquarters, Advanced Manufacturing, Corporate Services, and Information Technology — and publishes a Tyler Economic Dashboard for site selectors.
TEDC is funded primarily through a seven-tier investor membership program with annual contributions ranging from $1,500 (Supporter) to $50,000+ (Chairman's Circle), with intermediate tiers at Bronze ($3,000), Silver ($5,000), Gold ($10,000), Platinum ($15,000), and Pillar Founders ($25,000). Revenue is supplemented by public-private partnerships, including infrastructure co-investments such as Smith County's $4.5 million ARPA allocation for the CR 3344 roadway serving the Tyler Interstate Commerce Park. Go-to-market is conducted through direct enterprise engagement with site selectors and corporate relocation teams, supplemented by the tedc.org website, an annual October investor luncheon, and partner organizations including Tyler Area Chamber, Visit Tyler, City of Tyler, Smith County, and four neighboring EDCs/CDCs (Lindale, Whitehouse, Bullard, Troup).
The organization's underlying 'technology' is the curated regional value proposition: one of the lowest city property tax rates in Texas, no state personal income tax, right-to-work status, Foreign Trade Zone 299, Class 1 rail via Union Pacific, Interstate 20 access 90 miles from Dallas, a 377,042-person regional labor force, and a 24,000-student post-secondary talent pipeline. The 1-10 person staff is led by President/CEO Scott Martinez (CEcD), with a board chaired by Roy Martinez. Recent strategic activity centers on the 412-acre Tyler Interstate Commerce Park acquisition (January 2023) and a pipeline of major capital projects including Sanderson Farms ($1.4B/10-year impact), Trane Technologies ($76.7M), John Soules Foods ($67M), Hiland Dairy ($100M+), Great Southern Wood Preserving/YellaWood ($45M), Tyler Pipe/McWane ($36M), and Averitt Express ($10M).
Tyler Economic Development Council firmographics
Firmographics- Name
- Tyler Economic Development Council
- Legal name
- Tyler Economic Development Council
- Website
- https://tedc.org
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Tyler Economic Development Council (TEDC) is a private nonprofit founded in 1989 that promotes job creation and economic diversification in Tyler and Smith County, Texas, by recruiting, retaining, and expanding businesses across manufacturing, corporate services, IT, and regional headquarters.
- Ownership category
- akta.pro rank
Tyler Economic Development Council industry classification
Industry- Product category
- Economic Development Services
- NAICS
- Professional Organizations (81392), Business, Professional, Labor, Political, and Similar Organizations (8139)
- SIC
- Services-Management Services (8741), Services-Educational Services (8200)
- akta.pro primary industry
- Employment & Job Readiness Support Services (BPAGAEAJ)
Keywords
Where Tyler Economic Development Council is headquartered
LocationHeadquarters
- HQ city
- Tyler
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Tyler Economic Development Council business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Others
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Chairman's Circle - $50,000+ annually |
| Other | Annual | Pillar Founders - $25,000 annually |
| Other | Annual | Platinum - $15,000 annually |
| Other | Annual | Gold - $10,000 annually |
| Other | Annual | Silver - $5,000 annually |
| Other | Annual | Bronze - $3,000 annually |
| Other | Annual | Supporter - $1,500 annually |
Distribution channels1 record
Marketing channels3 records
Tyler Economic Development Council product offering
Product offeringCore offering
TEDC provides economic development services to Tyler and Smith County, Texas, including site selection assistance, workforce development programs, business retention and expansion support, access to available commercial properties, information on business incentives and tax benefits, and utilities/infrastructure guidance. The organization serves as a liaison between businesses and local/county government to facilitate economic growth and job creation.
Product overview
Tyler Economic Development Council is a regional economic development organization that provides economic development services to Tyler and Smith County, Texas. Their offerings include site selection assistance, workforce development programs through partnerships with higher education institutions, business expansion support, access to available commercial properties, information on business incentives and tax benefits, and utilities/infrastructure guidance. They serve as a liaison between businesses and local/county government to facilitate economic growth and job creation. The organization highlights key industries including Advanced Manufacturing, Corporate Services, Information Technology, and Regional Headquarters operations, and showcases success stories from major employers in the region.
Differentiator
Problem solved
Functional benefit
Products and services
- Investor Membership Program
- Site Selection Assistance
- Workforce Development Programs
- Business Retention and Expansion Services
- Small Business Development Support
- Tyler Interstate Commerce Park
Companies that use Tyler Economic Development Council
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Tyler Economic Development Council technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tyler Economic Development Council partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, supporting and major employer.
- Tyler Area ChambercorePartner organization providing business community resources and networking for companies locating in Tyler.
- Visit TylersupportingRegional tourism organization partnership for business attraction and quality of life promotion.
- City of TylercoreMunicipal government partner providing infrastructure, permitting, and economic development support.
- Smith CountycoreCounty government partner providing economic development incentives and infrastructure support.
- Lindale EDCsupportingNeighboring economic development corporation in Lindale, Texas - part of regional economic development network.
- Whitehouse EDCsupportingNeighboring economic development corporation in Whitehouse, Texas - part of regional economic development network.
- Bullard EDCsupportingNeighboring economic development corporation in Bullard, Texas - part of regional economic development network.
- Troup CDCsupportingCommunity development corporation in Troup, Texas - part of regional economic development network.
- Tyler Junior CollegecoreWorkforce training partner providing Advanced Manufacturing Technology and Industrial Maintenance Technology programs to support business workforce needs.
- John Soules Foodsmajor employerMajor employer client that began in Tyler in 1975; expanded to 266,000 sq ft facility with $67 million investment and 525 new jobs since 2014.
Scale indicators23 records
Recent moves7 records
Expansion highlights6 records
Tyler Economic Development Council competitors and assessment
Company assessmentBroad incumbents
- Greater Houston Partnership: Houston region's primary economic development organization conducting business attraction, retention, and workforce development. Operates with similar mission to TEDC but at significantly greater scale and within a global energy and logistics economy.
- Dallas Regional Chamber: Regional chamber and economic development organization serving the Dallas-Fort Worth metro. Comparable to TEDC in providing site selection, business attraction, and workforce advocacy, but operating at much larger scale and competing with Tyler for major corporate relocations.
- San Antonio Economic Development Foundation: San Antonio's lead economic development nonprofit driving business recruitment, expansion, and workforce initiatives. Shares TEDC's non-profit investor-funded model and target sectors (advanced manufacturing, corporate services) at a larger metro scale.
Regional players
- McKinney Economic Development Corporation: DFW-area suburban EDC with comparable workforce development and corporate attraction focus. Similar non-profit, board-governed structure and target emphasis on headquarters and advanced manufacturing relocations.
- Longview Economic Development Corporation: Neighboring East Texas EDC with overlapping regional labor market and similar target industries (manufacturing, food processing). Closest geographic and sector peer to TEDC, competing for similar industrial and manufacturing projects.
- Lubbock Economic Development Alliance: Mid-sized Texas EDC pursuing manufacturing, agribusiness, and distribution investment. Comparable mid-market Texas economic development model with similar reliance on public-private partnerships and tiered investor programs.
Others
- Texas Economic Development Corporation: State-level umbrella marketing organization that promotes Texas for business investment and often refers leads to local EDCs like TEDC. Operates in the same ecosystem but at state-wide rather than municipal scale.
- Permian Basin Regional Planning Commission: Regional planning body covering the West Texas oil-and-gas economy. Tangentially comparable as a Texas regional economic development coordinator, but with a different primary industry focus than TEDC's diversified manufacturing/services base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Tyler Economic Development Council social profiles
Digital presenceTyler Economic Development Council financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tyler Economic Development Council leadership team
Management profileNumber of profiles
Profiles9 records
Tyler Economic Development Council funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tyler Economic Development Council M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tyler Economic Development Council
What does Tyler Economic Development Council do?
TEDC provides economic development services to Tyler and Smith County, Texas, including site selection assistance, workforce development programs, business retention and expansion support, access to available commercial properties, information on business incentives and tax benefits, and utilities/infrastructure guidance. The organization serves as a liaison between businesses and local/county government to facilitate economic growth and job creation.
Is Tyler Economic Development Council a public or private company?
Tyler Economic Development Council is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Tyler Economic Development Council founded?
Tyler Economic Development Council was founded in 1989. It employs 1 to 10 people.
Where is Tyler Economic Development Council based?
Tyler Economic Development Council is headquartered in Tyler, United States, in the North America region.
Who are Tyler Economic Development Council's main competitors?
Broad incumbents on record are Greater Houston Partnership, Dallas Regional Chamber and San Antonio Economic Development Foundation. Regional players are McKinney Economic Development Corporation, Longview Economic Development Corporation and Lubbock Economic Development Alliance. Others are Texas Economic Development Corporation and Permian Basin Regional Planning Commission.
Does Tyler Economic Development Council have an API?
No public API is recorded for Tyler Economic Development Council.
What industry is Tyler Economic Development Council in?
Tyler Economic Development Council's product category is Economic Development Services. Its primary akta.pro industry code is BPAGAEAJ, Employment & Job Readiness Support Services. Its NAICS code is 81392 and its SIC code is 8741.