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Director Economic information

What does a director of economic development do?

A Director of Economic Development leads initiatives to promote economic growth within a city, region, or organization. They identify opportunities for business expansion, attract new investments, and work with stakeholders to improve the local economy. Their responsibilities often include policy development, managing economic programs, and collaborating with government agencies, businesses, and community groups. The goal is to create jobs, foster innovation, and enhance the overall economic well-being of the area they serve.

What are the key skills and qualifications needed to thrive as a director of economics, and why are they important?

To thrive as a Director of Economics, you need advanced expertise in economic analysis, policy development, and quantitative research, typically supported by a master's or doctoral degree in economics or a related field. Mastery of statistical analysis software (such as Stata, SAS, or R), economic modeling tools, and familiarity with databases is often required. Strategic thinking, leadership, and strong communication skills set outstanding professionals apart in this role. These competencies are vital for providing actionable economic insights, guiding organizational strategy, and effectively communicating complex findings to diverse stakeholders.

What are some common challenges faced by a director of economic development when working with diverse stakeholders?

A Director of Economic Development often collaborates with a range of stakeholders, including government agencies, private investors, community organizations, and local businesses. One common challenge is balancing competing interests and priorities, such as economic growth versus community impact or environmental concerns. Additionally, gaining consensus and fostering partnerships across sectors requires strong negotiation and communication skills. Navigating regulatory frameworks and adapting to changing economic conditions are also frequent hurdles in this leadership role.

What is the difference between Director Economic vs Economist?

AspectDirector EconomicEconomist
Required CredentialsMaster's or PhD in Economics, Business, or related fieldTypically a Master's or PhD in Economics or related discipline
Work EnvironmentLeadership roles in corporations, government agencies, or consulting firmsResearch, analysis, and policy development in various settings
Employer & Industry UsageUsed in corporate, government, and consulting sectors for strategic planningCommonly employed in research institutions, government, and academia

The main difference is that a Director Economic oversees economic strategies and decision-making at an organizational level, while an Economist focuses on research, analysis, and policy development. The Director Economic typically has more managerial responsibilities, whereas the Economist emphasizes analytical skills and data interpretation.

What are popular job titles related to Director Economic jobs in Colorado?

For Director Economic jobs in Colorado, the most frequently searched job titles are:

What job categories do people searching Director Economic jobs in Colorado look for?

The top searched job categories for Director Economic jobs in Colorado are:

Director Economic jobs near you
Infographic showing various Director Economic job openings in Colorado as of August 2026, with employment types broken down into 2% As Needed, 82% Full Time, 12% Part Time, 2% Temporary, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution.

Senior Economic Development Specialist

Town of Frederick

Frederick, CO • On-site

$98K - $124K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago

Job description

At the Town of Frederick, we’re Built on What Matters: people, community and service. We are a growing and evolving community committed to delivering meaningful opportunities and elevating the experience of those we serve for years to come. Guided by our FRED values: Family, Respect, Empowerment, and Dedication. 
Position Summary 
Are you passionate about shaping communities and driving meaningful growth? The Senior Economic Development Specialist serves as a central role for the Town of Frederick’s economic vitality and community prosperity. In this dynamic role, you will support business retention, expansion, and attraction efforts; cultivate partnerships with businesses, residents, and community organizations; and help advance strategic initiatives that strengthen Frederick’s economic future. 
Success in this position requires strong relationship-building skills, a collaborative mindset, and the ability to turn ideas into action. The Senior Economic Development Specialist plays an integral role in fostering meaningful community engagement, enhancing organizational effectiveness, and supporting sustainable growth that makes Frederick a vibrant place to live, work, and do business. 
Key Responsibilities 
The duties listed herein are illustrative of the essential duties of the job and do not include other nonessential or peripheral duties that may be required or assigned. 
  • Advance the Town's economic development strategy through initiatives that promote sustainable growth, business investment, redevelopment, and long-term community prosperity. 
  • Lead high-impact economic development initiatives, redevelopment projects, and strategic investments that support community and organizational goals. 
  • Develop, implement, and evaluate economic development strategies, programs, and action plans aligned with Town priorities and adopted strategic plans. 
  • Lead business retention, expansion, and attraction efforts through proactive engagement with employers, investors, developers, and business leaders. 
  • Conduct business retention and expansion (BRE) outreach, including business visits, surveys, and direct engagement with primary employers to identify growth opportunities, operational challenges, workforce needs, and reinvestment potential. 
  • Build and maintain trusted relationships with existing businesses, major employers, developers, and regional partners to support long-term economic vitality and investment. 
  • Serve as a Town liaison for key regional partners, economic development organizations, site selectors, developers, and industry stakeholders. 
  • Act as a business ombudsman, helping businesses navigate development review, permitting, zoning, and regulatory processes while identifying and resolving barriers to investment and expansion. 
  • Guide businesses through rezoning, site modifications, permitting, and construction-related processes by coordinating with Planning, Engineering, Building, Utilities, and other Town departments. 
  • Support implementation of strategic initiatives and major Town priorities, including land use, redevelopment, downtown revitalization, and community development efforts. 
  • Coordinate economic development incentives, redevelopment agreements, reimbursement agreements, and other public-private financing tools in partnership with finance, legal, and development staff. 
  • Identify and pursue state, federal, regional, and private funding opportunities that support business growth, workforce development, infrastructure improvements, and strategic economic initiatives. 
  • Conduct site readiness assessments and coordinate infrastructure planning efforts to support business recruitment, expansion, and redevelopment opportunities. 
  • Cultivate workforce development partnerships and identify solutions related to workforce availability, space constraints, logistics, and expansion feasibility. 
  • Collect, analyze, and communicate economic, demographic, workforce, industry, commercial real estate, and business intelligence data to inform strategic planning and investment decisions. 
  • Prepare and deliver executive-level presentations, policy recommendations, reports, and briefings for Town leadership, boards, commissions, and elected officials. 
  • Design and evaluate performance measures, project tracking systems, and outcome-based reporting frameworks to assess program effectiveness and support continuous improvement. 
  • Lead grant strategy, funding pursuits, and implementation planning for priority economic development projects and initiatives. 
  • Represent the Town in regional, industry, business, and governmental forums, making presentations and promoting the community's assets, opportunities, and vision. 
  • Provide leadership, mentoring, and technical guidance for project teams while exercising significant independent judgment, discretion, and strategic decision-making in advancing economic development priorities.  
Education 
  • High school diploma or equivalent 
  • Bachelor's degree in Economic Development, Public Administration, Business Administration, Urban Planning, Community Development, Political Science, Real Estate, Communications, Finance, Economics, or a closely related field required. 
  • Master's degree in Public Administration (MPA), Business Administration (MBA), Urban and Regional Planning, Economic Development, or a related field, preferred. 
  • An equivalent combination of education, professional certifications, and progressively responsible economic development experience may be considered. 
Work Experience 
  • Seven (7)+ years of progressively responsible experience in economic development, municipal government, community engagement, business development, project management or a related field.  
  • Demonstrated experience in business retention, expansion, and attraction efforts within a municipal, quasi-public, or economic development organization. 
  • Strong knowledge of municipal development processes, including zoning, land use, permitting, entitlements, and site selection. 
  • Experience working with developers, site selectors, commercial real estate professionals, and business executives on complex development or investment projects. 
  • Proven ability to manage multi-stakeholder projects, analyze economic and market data, and develop actionable recommendations for leadership. 
  • Experience preparing reports, presentations, and policy recommendations for elected officials, boards, commissions, or executive leadership. 
  • Strong communication, customer service, and stakeholder engagement skills, with the ability to represent the organization in public and professional settings. 
Certifications/License 
  • Valid driver’s license required 
  • Certified Economic Developer (CEcD) preferred 
  • Economic Development Financial Professional (EDFP) preferred 
Working Conditions 
The work environment must be met by an employee to successfully perform the essential functions of this job. 
  • Professional office environment with frequent computer use, meetings, and public contact. 
  • Regular interaction with businesses, developers, residents, elected officials, and internal staff. 
  • Fast-paced, project-driven setting requiring strong organization, responsiveness, and attention to detail. 
  • Attend off-site meetings, business visits, and community or regional events as needed. 
  • Prolonged periods of sitting and working at a computer, including research, analysis, and report preparation. 
  • Frequent use of hands and fingers for typing, data entry, and operating standard office equipment. 
  • Occasional standing, walking, bending, and lifting up to 10 pounds. 
Compensation Information
Salary Range (Annual): $86,840 - $130,270 (Mid: 108,555)
Hiring Range: $102,000 - $118,000 DOQ
Benefits and Incentives 
  • Comprehensive medical, dental and vision insurance coverage 
  • Supplemental Health Plans (accidental, critical illness, hospital) 
  • Town paid Basic Life and AD&D coverage 
  • Employee Assistance Program (EAP) 
  • 12 weeks of PFML (Paid Family Medical Leave) 
  • Retirement plan with up to 10% employer match 
  • Paid Time Off (PTO): 29 vacation days and 10 sick days annually 
  • 11 paid Town observed holidays + 1 floating holiday 
  • Annual training, certification and tuition reimbursement opportunities 
  • Bilingual stipend for qualifying employees 
  • Town subsidized position related membership or affiliation dues 
  • Free tee time at Bella Rosa Golf Course 
  • Free membership to Carbon Valley Recreation Center 
  • Access to the Town’s gym facility  
The Town of Frederick is an Equal Opportunity Employer and is committed to attracting, hiring and developing a diverse workforce. The Town does not discriminate against any applicant or employee on the basis of race, color, religion sex, pregnancy, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, veteran status, or any other protected status under federal, state and local law. 
 
The Town of Frederick provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and applicable federal and state law. If you need an accommodation during the application or hiring process, please contact hr@frederickco.gov.