The Iowa department of economic development was established
in 1986 pursuant to Iowa Code chapter 15. The authority delegated to the
department had previously been delegated to the Iowa development commission and
the office for planning and programming. In 2011, the general assembly
reorganized the delivery of economic development services to the state of Iowa
by creating a formal collaboration between the public and private sectors. As
part of this reorganization, the department was eliminated and the economic
development authority was created as the successor entity to the department.
All existing duties, responsibilities, and obligations of the former department
are assumed by the authority.
The mission of the authority is to foster the economic
vitality of the state by working in focused partnerships with businesses,
entrepreneurs, communities and educational entities. The authority's primary
responsibilities are in the areas of finance, marketing, local government and
service coordination, exporting, tourism, job training and entrepreneurial
assistance, and small business.
Notes
Iowa Admin.
Code r. 261-1.1
ARC 0441C, IAB 11/14/12,
effective 12/19/12
