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Economic developer skills for your resume and career

Updated January 8, 2025
4 min read
Below we've compiled a list of the most critical economic developer skills. We ranked the top skills for economic developers based on the percentage of resumes they appeared on. For example, 14.0% of economic developer resumes contained data entry as a skill. Continue reading to find out what skills an economic developer needs to be successful in the workplace.

15 economic developer skills for your resume and career

1. Data Entry

Data entry means entering data into a company's system with the help of a keyboard. A person responsible for entering data may also be asked to verify the authenticity of the data being entered. A person doing data entry must pay great attention to tiny details.

Here's how economic developers use data entry:
  • Required excellent listening skills, and accurate data entry of detailed information.

2. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how economic developers use financial statements:
  • Modeled corporate valuation and performed accounting analysis from financial statements and operation documents.
  • Developed, produced and analyzed financial statements by region.

3. Business Community

Here's how economic developers use business community:
  • Provided resources to existing and startup businesses with government regulations, referrals and contacts and served as business community liaison.
  • Maintained interactive relationships with business community, private partners and higher education officials to assist with business advocacy.

4. Technical Assistance

Technical assistance is the non-financial assistance provided by local or international specialists. The purpose of technical assistance is to maximize the project's implementation and quality of the final product. Technical assistance consists of sharing information, the transmission of working knowledge, and other transfer of technical data which would aid the administration, management team and help build the project. The technical assistance focuses on particular needs identified by the beneficiary country and is delivered in the form of missions.

Here's how economic developers use technical assistance:
  • Designated centers are funded in three year cycles to conduct research and provide technical assistance in economic development.
  • Administered and promoted the NYS Empire Zones Program providing technical assistance to 72 zone certified businesses.

5. Business Plan

Here's how economic developers use business plan:
  • Team analyzed current business plan and operating procedures.
  • Prepared/reviewed strategic business plans and financial projections.

6. EDA

Here's how economic developers use eda:
  • Attended Senate meetings regarding important EDA issues and back briefed EDA officials.
  • Provided assistance for PAR, and PMA reporting to Department of Commerce and various ad-hoc analyses of EDA data.

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7. Access Database

Here's how economic developers use access database:
  • Track and process OED expenditure and revenue contracts including the development/maintenance of an access database.

8. Community Development

Community development refers to the process where community members are being supported by agencies to identify or take collective action on issues that are important to them.

Here's how economic developers use community development:
  • Re-instated economic/community development initiative designed to assist with retaining and growing businesses within communities.
  • Led work efforts for $5.6 Million operating budget for the Community Development Department.

9. Capital Investment

Here's how economic developers use capital investment:
  • Promoted new capital investment and job creation; prepared statistical reports and visual presentations for executive management.
  • Assisted three companies with their expansion programs, resulting in $96 million in new capital investment and 125 new jobs.

10. Economic Development

Economic development refers to an increase of creation of wealth that overall benefits a community. This may occur when a community, city, or country produces more goods to sell or when a job program is developed. By increasing the wealth of a community, the economy is stimulated and the quality of life for that population also increases.

Here's how economic developers use economic development:
  • Enforced technology-related economic development policy and resource allocations.
  • Promote regional economic development by supporting business attraction, creation, and expansion through quarterly and semi-annual meetings with local stake-holders.

11. Tourism

Here's how economic developers use tourism:
  • Coordinated and facilitated a networking and marketing conference for 6 Azerbaijani tourism entrepreneurs using grant funds.
  • Increased 2012 revenue sales of Community-Based Tourism by 12% through strategic marketing.

12. Business Development

Business development is the ideas or initiatives that work to make business work better. Selling, advertising, product development, supply chain management, and vendor management are only a few of the divisions involved with it. There is still a lot of networking, negotiating, forming alliances, and trying to save money. The goals set for business development guide and coordinate with all of these various operations and sectors.

Here's how economic developers use business development:
  • Lead recycling and environmental business development within the state by leveraging intellectual, financial, and technical resources.
  • Intern Prepare correspondence to embassies Promote local economic programs Organized business development meetings Survey local business owners

13. Business Retention

Here's how economic developers use business retention:
  • Communicated research objectives, requirements, and budgets to senior management for business retention and relocation projects.
  • Visit business ~35 times year to advise on business retention and expansion.

14. Real Estate

Real estate is land that has buildings on it. This kind of property consists of permanent improvements either natural or man-made, which include, houses, fences, bridges, water trees, and minerals. There are 4 types of real estate namely; residential real estate, commercial real estate, industrial real estate, and vacant land.

Here's how economic developers use real estate:
  • Upgraded MLGW real estate database and transformed it into a web-based vehicle.
  • Licensed Real Estate agent with ERA Geyer Noakes Realty Group.

15. Market Research

Market research is a collective effort to collect information related to a consumer's needs and wants. It is a systematic approach that involves recording and analysis of both qualitative and quantitative data. Market research helps a business to identify a target market correctly and identify the gaps in potential consumer's expectations.

Here's how economic developers use market research:
  • Pitched Shelby County as a viable relocation and expansion site by providing turn-key market research and assistance for business prospects.
  • Conducted international market research, analyzed, and assessed market opportunities to attract companies to the area.
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List of economic developer skills to add to your resume

Economic developer skills

The most important skills for an economic developer resume and required skills for an economic developer to have include:

  • Data Entry
  • Financial Statements
  • Business Community
  • Technical Assistance
  • Business Plan
  • EDA
  • Access Database
  • Community Development
  • Capital Investment
  • Economic Development
  • Tourism
  • Business Development
  • Business Retention
  • Real Estate
  • Market Research
  • GIS
  • Statistical Data
  • Local Businesses
  • Strategic Plan
  • PowerPoint
  • Press Releases
  • Travel Arrangements
  • USDA
  • Government Agencies
  • Site Selection
  • Community Organizations
  • Economic Data
  • City Officials
  • HR
  • GED
  • Public Events
  • HUD

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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