Support Us Button Widget

This new nonprofit organization will help shape Louisville’s economy

The Louisville Economic Development Alliance will take on creating a new brand for Louisville, among other responsibilities.

An aerial shot of a downtown street, featuring new and old buildings, an arena, and a bridge.

LEDA will work to create new funding tools for small businesses across Louisville.

Photo via Kentucky Transportation Cabinet

In case you missed it, on June 29 Mayor Craig Greenberg unveiled the Louisville Economic Development Alliance — aka LEDA.

The nonprofit organization is part of Greenberg’s Growing Louisville Together Plan, which sets goals for Louisville’s growth over the next 20 years.

The board of the public-private partnership will be made up of 30 representatives from private business, nonprofits, organized labor, higher education, and local government.

Here’s a snapshot of what LEDA will do:

  • Lead business attraction and expansion efforts
  • Create a new citywide brand
  • Develop talent
  • Foster small business + entrepreneur development

LEDA was created based on similar organizations in Cincinnati, Columbus, and Philadelphia.

The recently passed city budget allotted $1.5 million for operation of LEDA, with an additional $2 million coming from the private sector. This month, LEDA will name an interim CEO and begin a national search to fill the role permanently.

More from LOUtoday
Allow us to make formal introductions.
If you want to view paradise, simply look around and view it.
Spoiler alert: Traffic isn’t great. We dove into the Texas A&M Transportation Institute’s congestion data so you don’t have to.
Including gifts for significant others, retirees, holiday parties, young people, and gifts that ship fast.
The boutique hotel is one of 5,000 hotels in the world to receive a Michelin Key.
If you’re looking for some haunted listening for your fall walks, we’ve got you covered.
Experience Louisville’s autumn magic at ColorFest, featuring vibrant fall foliage, family-friendly activities, and local food.
November is going to be a colorful month in Derby City, and there are plenty of places to look at the leaves before they fall.
Big changes are coming to TARC next year.
No cash? No problem. Whether you are spending a day or a lifetime in Louisville, these are some of the best offerings that won’t break the bank.