The Iberia Industrial Development Foundation (IDF) was established in 1984 as a Quasi-Public Foundation and serves as the primary facilitator of Economic Development Activities for the Parish of Iberia, Louisiana and the communities of New Iberia, Jeanerette, Loreauville and Delcambre, Louisiana as well as the Port of Iberia, Acadiana Regional Airport and LeMaire Memorial Airport Industrial Park Complexes.
The IDF is also a member-driven organization made up of both public entities and private business members. It is governed by a 20 member Board of Directors which is made up of representatives from all local governing bodies, and local business leaders. In addition to recruitment of new business and economic development for the Iberia community, the IDF also offers business advisory services to existing local businesses in an effort to help them grow and prosper and provides a central location for dissemination of information of available resources that create business opportunities.

Louisiana Economic Development is responsible for strengthening the state's business environment and creating a more vibrant Louisiana economy.

Vision: Louisiana consistently outperforms the South and the U.S. in creating jobs and economic opportunities for its citizens.

Mission: Cultivate jobs and economic opportunity for the people of Louisiana through nine integrated economic development strategies:

Strategically improve state economic competitiveness
Engage with local partners to enhance community competitiveness
Forge partnerships to enhance regional economic development assets
Expand and retain in-state businesses
Execute a strong business recruitment program
Cultivate small business, innovation and entrepreneurship
Enhance workforce development solutions
Promote Louisiana's robust business advantages
Attract foreign direct investments and grow international trade

With dedicated and knowledgeable professionals committed to Louisiana's economic future, LED strives to help businesses find the resources they need to make relocation and expansion a successful, profitable endeavor.