The New York City Economic Development Corporation (NYCEDC) is a non-profit corporation that promotes economic growth across New York City's five boroughs. It is the City's official economic development corporation, charged with using the City's assets to drive growth, create jobs, and improve quality of life. NYCEDC's mission is to stimulate growth through expansion and redevelopment programs that encourage investment, generate prosperity, and strengthen the City's competitive position. The organization works with businesses, non-profits, and government agencies to facilitate investment and growth in the City's economy.