The Local Economic Development Agencies (LEDAs) are legal, no profit structures, owned by the public and private entities of the territory. They provide several services to the population and institutions, such as territorial promotion, economic dynamization, access to credit, technical assistance, training, with the objectives of supporting economic competitive, sustainable, and inclusive development.

61 LEDAs with such characteristics are currently operating in many Latin American, African, East European, and Asian countries, and they are gathered into the ILS LEDA network.