Iredell Economic Development

What Iredell Economic Development does

Iredell County Economic Development Corporation (Iredell EDC) is a public-private partnership nonprofit founded in 2018 to lead economic development across Iredell County, North Carolina. The organization is governed by a board of directors representing Iredell County, the municipalities of Mooresville, Statesville, and Troutman, and private-sector leadership. It operates with a six-person professional staff across offices in Mooresville and Statesville. Its mission is executed across six pillars: Existing Industry Retention & Expansion, Workforce Development & Talent Attraction, Business Development, Product Development, Marketing & Communications, and Community Development & Collaboration.

Iredell EDC provides a portfolio of free services rather than a unified product. Core offerings include business location and site-selection assistance, an existing-industry retention program, the Iredell Ready workforce development initiative (K-12 through retirement), a Small Business Ombudsman program, industrial product development across parks including Park 4077 and Larkin Regional Commerce Center, tax and incentive advisory, and an interactive GIS mapping tool with online property search. The organization markets Iredell County's strategic position at the crossroads of Interstates 40 and 77, 30 miles north of Charlotte, access to Charlotte Douglas International Airport, Foreign Trade Zone 57, and the Port of Charleston, and a skilled workforce of 103,344 within a 1.7 million labor shed.

The business model is funded through tiered private-sector investor contributions (Visionary $10,000+, Leadership $5,000+, Partner $3,500+, Contributor $1,500+) and recurring government appropriations from Iredell County and participating municipalities. All services to businesses are provided free of charge. Distribution is conducted through direct field engagement with corporate decision-makers, a self-service property search platform, and partnership referrals through the Charlotte Regional Business Alliance (14-county NC/SC regional marketing organization). Revenue figures are not publicly disclosed.

Name

Iredell Economic Development

Legal name

Iredell County Economic Development Corporation

Website

https://iredelledc.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Iredell EDC is a public-private nonprofit founded in 2018 that provides free economic development services to businesses in Iredell County, NC, including site selection, workforce development, and small business assistance. It is funded by government appropriations and tiered private-sector investor contributions.

Ownership category

akta.pro rank

Headquarters

HQ city

Mooresville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investor Contributions: Public-private partnership funded through investor contributions from businesses at various sponsorship levels (Visionary $10,000+, Leadership $5,000+, Partner $3,500+, Contributor $1,500+) and government appropriations from Iredell County, municipalities, and school districts.
2. Government Appropriations: Core funding from public sector partners including Iredell County, Town of Mooresville, City of Statesville, and Town of Troutman.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Iredell EDC provides free economic development services to businesses in Iredell County, North Carolina, including business recruitment, retention and expansion support, site selection assistance, workforce development through the Iredell Ready initiative, small business ombudsman services, industrial product/site development, tax and incentive advisory, and research/data services. The organization acts as the single point of contact for companies considering relocating to or expanding within Iredell County, coordinating with public and private sector partners across the Charlotte Region.

Product overview

Iredell County Economic Development Corporation is a public-private partnership offering a portfolio of economic development services rather than a unified software product. The core offerings include business location and site selection assistance, existing industry retention and expansion support, workforce development through the Iredell Ready initiative, small business ombudsman services, industrial product development, tax and incentive advisory, GIS mapping tools, and marketing support. These services are designed to help businesses relocate, expand, or start operations in Iredell County, NC, with support spanning the entire business lifecycle from site selection through growth.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 211,798 county population with 13.5% growth since 2020
• +6 more outcomes

Named customers13 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and key.

• Centralina Workforce Development BoardcoreStrategic or Co-development Partner · 1 March 2022Founding partner of Iredell Ready initiative focused on workforce development from K-12 through retirement. The partnership aligns workforce priorities with industry needs across the region.
• Greater Statesville Chamber of CommercecoreStrategic or Co-development Partner · 1 March 2022Founding partner of Iredell Ready workforce initiative. Collaboration on business engagement, workforce development, and economic growth programs.
• Iredell County GovernmentcoreStrategic or Co-development Partner · 1 March 2022Founding partner of Iredell Ready initiative and primary public sector partner. County government provides funding and policy support for economic development programs.
• Iredell-Statesville SchoolscoreStrategic or Co-development Partner · 1 March 2022Founding partner of Iredell Ready workforce initiative. School district collaborates on career pathway development, CTE programs, and youth apprenticeship opportunities.
• Mooresville-Graded School DistrictcoreStrategic or Co-development Partner · 1 March 2022Founding partner of Iredell Ready workforce initiative. District known for innovative education programs including MIWAYE and career pathway development.
• Mitchell Community CollegecoreStrategic or Co-development Partner · 1 March 2022Founding partner of Iredell Ready initiative and key education partner. College provides workforce training, customized training programs, and pipeline development from adult education to college transfer.
• U.S. Department of TreasurykeyOthers · 1 January 2017Certified 252 Opportunity Zone census tracts in North Carolina including tracts in Iredell County through the Tax Cuts and Jobs Act of 2017.
• Charlotte Douglas International AirportkeyStrategic or Co-development Partner · 1 January 2014CLT is the 5th busiest airport globally, offering nonstop service to 175+ destinations. Located approximately 40 miles from Statesville. Supports $40 billion economic impact in NC/SC region.
• Charlotte Regional Business AlliancecoreStrategic or Co-development PartnerIredell EDC is a member of the Charlotte Regional Business Alliance, representing 14 counties across North Carolina and South Carolina. The partnership provides regional economic development marketing, business recruitment coordination, and access to a broader network of economic development resources and site selectors.
• Norfolk Southern CorporationkeyStrategic or Co-development PartnerRail access through Norfolk Southern and Alexander Railroad provides freight rail connectivity. Charlotte Regional Intermodal Facility at CLT enables truck-to-train and train-to-truck transfers.
• North Carolina Department of CommercecoreStrategic or Co-development PartnerState economic development agency providing Opportunity Zones certification, county tier designations, workforce data, incentive programs including NCWorks and custom training.
• Centralina (NC/SC Regional Council)keyStrategic or Co-development PartnerRegional council providing economic development data, graduate output tracking, target industry analysis, and workforce development coordination across the Charlotte-Concord-Gastonia MSA.
• Foreign Trade Zone 57keyStrategic or Co-development PartnerForeign Trade Zone 57 provides duty deferral and reduction benefits for international companies importing through Charlotte Region ports.
• Duke Health Lake Norman HospitalkeyGTM or Marketing PartnerPresenting sponsor of 2026 Annual Meeting; healthcare partner providing quality healthcare access for workforce recruitment and quality of life.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Catawba County Economic Development Partnership: Adjacent western NC county EDC competing for manufacturing and industrial recruitment in the Charlotte Region. Operates with a similar small-team, public-private partnership structure.
• Lincoln Economic Development Association: Western Charlotte-adjacent county EDC focused on industrial recruitment, workforce development, and small business support. Closely comparable service portfolio and small-team delivery model.
• Research Triangle Regional Partnership: Public-private regional economic development organization serving the Raleigh-Durham-Chapel Hill area. Directly comparable multi-county partnership structure focused on tech, life sciences, and advanced industry recruitment.
• Charlotte Regional Business Alliance: Regional economic development organization representing 14 counties across NC and SC, of which Iredell EDC is a member. Directly comparable in scope of services (recruitment, workforce, marketing) but operates at a 14-county scale rather than single-county.
• Cabarrus County Economic Development Corporation: Neighboring North Carolina county EDC operating the same public-private partnership model for business recruitment, retention, and workforce development. Closest geographic competitor for projects in the Charlotte Region.
• Union County Economic Development: South Carolina-adjacent NC county EDC competing for Charlotte metro spillover. Similar small-staff public-private model delivering recruitment, retention, and product development services.
• Gaston County Economic Development Commission: Charlotte Region neighboring county EDC focused on manufacturing recruitment and retention. Operates similar site selection, workforce, and product development services for business attraction.

Broad incumbents

• Greater Durham Chamber of Commerce: Larger chamber-based economic development entity for the Durham market. Comparable business attraction and retention services, though anchored on a chamber rather than standalone EDC model.
• Wake County Economic Development: County-level economic development program serving Wake County/Raleigh, a larger and more established EDC operation. Competes with Iredell for corporate relocations and expansions across North Carolina.

Regional players

• Greenville-Pitt County Economic Development: Eastern North Carolina regional EDC serving Greenville and Pitt County. Comparable single-region public-private partnership structure for manufacturing and life sciences recruitment but in a different geographic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/IredellEDC
• LinkedInlinkedin.com/company/iredelledc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Iredell Economic Development