Funding Model
BEDC Funding Model
Burlington Economic Development Corporation (BEDC) is an innovative private-public partnership that has successfully achieved 50% private sector funding through sponsorship, participation in events and special projects. An additional 50% of funding is received from the Corporation of the City of Burlington. BEDC staff report to a Board of Directors (hyperlink to Board of Director's section) comprised of elected officials, business leaders and city staff.
To learn more about BEDC's private funding initiatives click here.
As a separate Corporation from City Hall, BEDC is able to leverage more opportunities with the business community, able to react more quickly to market demand and to accomplish economic initiatives through BEDC's Board of Directors.