Swiss Agency for Development and Cooperation
Another recent definition from Swiss Agency for Development and Cooperation|SDC: “SDC Bangladesh understands LED as a broad set of activities, which aim at creating a competitive advantage for an urban or rural territory and for the enterprises in this territory to improve territorial attractiveness and economic wellbeing. This definition was developed for the SDC by Mesopartner, a research consultancy specialising in Local Economic Development that was co-founded by the late Jörg Meyer-Stamer.