Economic Development Association of Alabama

Name

Economic Development Association of Alabama

Legal name

Economic Development Association of Alabama

Website

https://edaa.org

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Montgomery

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Membership Dues: EDAA operates as a membership-based organization with members including directors and staff from local economic development associations, as well as individuals involved in economic growth in Alabama.
2. Conference Registration Fees: Revenue generated from conference registrations. 2026 Summer Conference: $600 for EDAA Members, $850 for Non-Members. Late registration adds $150 fee.
3. Sponsorships: Corporate and organizational sponsors support EDAA events and initiatives. Numerous organizations sponsor EDAA conferences including Norfolk Southern, TVA, PowerSouth, Alabama Power, and various economic development organizations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The Economic Development Association of Alabama (EDAA) is a membership-based nonprofit organization that provides networking, professional development, and legislative advocacy services to approximately 500 economic development professionals in Alabama. Its core offerings include annual Summer and Winter conferences, the EDAA GEDI Leadership Institute, webinars, seminars, and educational programs, as well as industry recognition through the Dave Echols Award.

Product overview

EDAA (Economic Development Association of Alabama) is a membership-based organization that provides a comprehensive suite of programs and services for economic development professionals in Alabama. The core offerings include annual conferences (Summer and Winter), professional development services with the EDAA GEDI Leadership Institute, webinars, and seminars. EDAA also administers the Dave Echols Award recognizing excellence in economic development, operates an internship program, and facilitates networking through various committees including Legislative, Retail, Young Professionals, Education, and Communications. Membership provides access to these programs, legislative representation, and industry resources.

Differentiator

Problem solved

Functional benefit

Brands

• Dave Echols Award: Award presented to the Economic Development Professional of the Year, recognizing exemplary performance and leadership of an Alabama economic developer.
• EDAA GEDI Leadership Institute

Products and services

• EDAA Annual Conferences EDAA organizes major annual conferences including Summer and Winter conferences that bring together economic development professionals for networking, professional development, and industry updates. Events are held at venues such as The Grand Hotel Resort and Spa in Point Clear and the Renaissance Montgomery Hotel.
• Professional Development Services EDAA provides professional development programs including the EDAA GEDI Leadership Institute, webinars, seminars, and Education Committee programs to support economic development professionals in Alabama.
• Dave Echols Award The David R. Echols Award recognizes the Economic Development Professional of the Year, honoring exemplary performance and long-term professional career achievements in Alabama economic development for professionals with at least 10 years of experience.
• EDAA Membership Program EDAA membership provides networking opportunities, professional development access, legislative representation, and involvement in various committees (Legislative, Retail, Young Professionals, Education, Communications) for economic development professionals.
• Corporate Sponsorships Corporate and organizational sponsorship opportunities for EDAA events and programs, including various sponsorship tiers and recognition benefits for sponsors such as Alabama Power, TVA, PowerSouth, and Norfolk Southern.
• EDAA Summer Internship Program EDAA offers a Summer Internship Program providing opportunities for students interested in economic development careers.

Quantifiable outcome

• More than 300 members gathered at EDAA Winter Conference for networking and professional development
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• Alabama Development FundcoreStrategic or Co-development Partner · 4 June 2025State's newest economic development initiative administered by the Alabama Department of Commerce. EDAA provides information to members about the Fund and its application process.
• Norfolk SouthernminorGTM or Marketing PartnerCorporate sponsor of EDAA events and conferences. Norfolk Southern is a major transportation and logistics company supporting economic development initiatives in Alabama.
• TVA (Tennessee Valley Authority)minorGTM or Marketing PartnerCorporate sponsor supporting EDAA conferences. TVA provides economic development assistance in the Tennessee Valley region including parts of Alabama.
• PowerSouthminorGTM or Marketing PartnerCorporate sponsor of EDAA events including the Governor's Luncheon at the 2018 Summer Conference. PowerSouth provides energy and economic development support.
• Alabama PowerminorGTM or Marketing PartnerCorporate sponsor of EDAA. Alabama Power supports economic development initiatives throughout Alabama.
• Alabama Department of CommercecoreStrategic or Co-development PartnerState economic development agency collaborating with EDAA on industrial recruitment, workforce development, and Alabama's economic growth initiatives.
• Economic Development Partnership of Alabama (EDPA)coreStrategic or Co-development PartnerKey partner in Alabama economic development. EDPA collaborates with EDAA on various initiatives and sponsors EDAA events.
• State of Alabama LegislaturecoreStrategic or Co-development PartnerEDAA works with Alabama legislators to positively influence state legislation and industrial growth. Key legislation includes the Alabama Jobs Enhancement Act (HB317).
• The Grand Hotel Resort and SpaminorOthersVenue partner for EDAA Summer Conferences. Located at 1 Grand Boulevard, Point Clear, AL 36532. EDAA holds annual conferences at this venue.
• Renaissance Montgomery Hotel & SpaminorOthersVenue partner for EDAA Winter Conferences. Located at 201 Tallapoosa Street, Montgomery, AL 36104.
• Local Economic Development Organizations (Chambers, EDCs, IDs)coreStrategic or Co-development PartnerNetwork of local economic development associations throughout Alabama that collaborate with EDAA. Includes chambers, development authorities, and industrial development organizations.
• Alabama Municipal Electric AssociationminorGTM or Marketing PartnerSponsor of EDAA events including the craft beer reception at the 2018 Summer Conference.
• Governor Kay IveycoreStrategic or Co-development PartnerAlabama Governor who addresses EDAA membership at conferences and supports economic development initiatives in the state.

Scale indicators8 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• International Economic Development Council (IEDC): The largest international association of economic developers, offering membership, certification, conferences, and advocacy at a global scale. IEDC serves as a broader umbrella and parent professional body for state-level associations like EDAA.

Direct peers

• Southern Economic Development Council (SEDC): Regional multi-state association serving economic developers across the Southeast, providing conferences, training, and networking that overlap with EDAA's geographic territory and member base.
• North Carolina Economic Development Association: Statewide professional association for North Carolina economic developers, providing networking, professional development, and advocacy programs comparable to EDAA's offerings in a larger Southeast economy.
• Tennessee Economic Development Council: Tennessee's statewide professional association for economic developers, offering analogous membership, conference, and professional development programs to Tennessee practitioners — a near-clone peer in an adjacent Southeast state.
• Georgia Economic Developers Association: Statewide professional association for economic developers in Georgia, mirroring EDAA's structure of membership dues, annual conferences, professional development, and legislative advocacy for a Southeast state economy.
• Economic Development Partnership of Alabama (EDPA): Alabama-focused economic development organization that partners with EDAA on events and sponsorships. While EDPA is more public-sector/recruitment-oriented and EDAA is the professional association, both serve overlapping Alabama economic development audiences and collaborate directly.
• Florida Economic Development Council: Florida's statewide professional economic development association with membership, annual conference, and awards programs serving county and municipal economic developers — directly comparable in mission and operating model.
• Mississippi Economic Development Council: Mississippi's statewide professional association for economic developers, providing membership, annual conference, and legislative advocacy services to local economic development practitioners in a neighboring Southeast state.
• Louisiana Economic Development Association: Louisiana's statewide economic development professional association offering membership, conferences, and advocacy services to practitioners — a regional Southeast peer with a similar operating model.

Others

• Alabama Department of Commerce: Alabama's state-level economic development agency and a core strategic partner of EDAA. While not a peer association, ADCN partners with EDAA on recruitment, workforce development, and the Alabama Development Fund, making it a closely intertwined ecosystem participant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/EDAAInfo
• Facebookfacebook.com/EDAAInfo
• LinkedInlinkedin.com/company/economic-development-association-of-alabama

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Economic Development Association of Alabama