This 3-course certification program by the National Development Council is a rigorous and comprehensive training series designed solely for economic development practitioners. Participants learn the tools and techniques of the trade to build the capacity they need to successfully create jobs and translate economic development opportunities into results for their communities.
Who should attend?
- Employees and affiliates of Self-Help
- Employees of the North Carolina SBTDC, the South Carolina SBDC and Virginia SBDC
April 28, 2014 – May 2,2014
ED101: Economic Development Finance
Participants in ED101, the first course in the EDFP Certification ProgramTM, gain a solid understanding of both the basic tools and newest techniques used by successful economic development activities as part of a community’s overall economic development finance strategy and investigates the financing resources available for job creation projects. Participants analyze and structure economic development projects for small and medium-sized businesses as well as commercial real estate developments utilizing incentive financing packages.
August 11, 2014 – August 15, 2014
ED201: Business Credit Analysis
In ED201, the second course in the EDFP Certification ProgramTM, participants build on the financial analysis and deal structuring techniques learned in ED101 through investigation of advanced methods used to analyze the creditworthiness of operating small businesses. The credit analysis and underwriting procedures of commercial lenders are tailored to the unique concerns of economic development lenders. Participants spread and analyze the financial statements of numerous actual companies–manufacturing, service, retail–and use economic development finance programs to structure fixed asset and permanent working capital financing packages.
February 2, 2015 – February 6, 2015
ED301: The Art of Problem Resolution
The final course in the EDFP Certification Program, ED301 integrates the business credit and real estate finance skills learned in previous courses with the creative demands of deal structuring. Participants apply a process for solving problems in order to overcome the myriad obstacles — economic, financial, political, social — to the successful structuring of business finance and real estate projects. The emphasis of this course is casework. Participants are challenged by case studies that involve complex financial issues such as workouts, business buyouts and tax credits in real estate projects.