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Economic development officer Economic regeneration officer, economic adviser

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Economic development officers work with communities, local government and business to bring investment, jobs and facilities to an area.

Salary, a pound sign Salary: £22,000 to £50,000 average per year
Hours, a clock face Hours: 37.5 per week

1. Entry requirements

You’ll usually need experience from working in a related area, like:

  • town planning
  • community development
  • regeneration
  • business advice
  • construction management
  • surveying

Qualifications like an HND, degree or postgraduate qualification in a relevant subject could give you an advantage.

You could get into this job without a degree or postgraduate award if you have  a background in bidding for funding, managing projects, controlling budgets or marketing. 

You could also start as an assistant, researcher or administrator in an economic development unit and then work your way up to an officer post.

2. Skills required

You’ll need:

  • excellent communication and presentation skills
  • planning and organisational skills
  • the ability to manage several projects at once and meet deadlines
  • negotiating skills
  • budget management skills
  • report writing and research skills
  • IT skills

3. What you'll do

Your day-to-day duties could include:

  • developing projects to support local business growth 
  • building partnerships with communities, business networks and local government
  • bidding for local, national and European funding
  • setting up training schemes for local businesses and unemployed people
  • advising local businesses and community groups
  • promoting the local area to attract new employers and increase tourism
  • working on neighbourhood renewal projects
  • organising business fairs and giving presentations
  • managing budgets
  • attracting inward investment or bidding for funding

4. Salary

Starter: £22,000

Experienced: £25,000 to £35,000

Highly Experienced: £50,000

These figures are a guide.

5. Working hours, patterns and environment

You’ll usually work standard office hours, Monday to Friday. You may occasionally need to work longer hours to meet project deadlines. 

You’ll be mainly office-based, but will spend some of your time attending meetings and visiting companies and development sites.

6. Career path and progression

With experience, you could progress to senior officer or economic policy manager. 

You could also move into freelance consultancy work, or work abroad with international development agencies.

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Last updated: 11 September 2018