LA County Economic Development Corporation | Reinventing our economy to collaboratively advance growth and prosperity for all. LAEDC's mission is to raise standards of living for L.A. County residents by increasing economic opp The Los Angeles Economic Development Corporation is a private, non-profit corporation dedicated to attracting, retaining and growing businesses and jobs throughout the regions of Los Angeles County. To achieve its mission, the LAEDC works in partnership with both the private business community and public agencies to promote economic and business success. The LAEDC sponsors and cooperates in a wide variety of strategic development initiatives for Southern California and delivers a broad range of information, programs and services to support local companies.