The City of Edgewater strives to enhance the quality of life for its residents by providing assistance for local businesses to grow and prosper and by recruiting businesses to locate in the City of Edgewater. Edgewater is seeking businesses that provide high paying jobs and that match the City's Vision and Economic Development Strategy to match the balance of smart growth and sustainability for the future.

The Edgewater Economic Development Advisory Board and Economic Development Coordinator consists of nine voluntary members, appointed by the city council. The EDB's mission and purpose is to identify and recommend to the city council implementation strategies to help create new jobs, expand the tax base, diversify the economy, and enhance the quality of life in Edgewater. The board's goals are to retain and expand local businesses, assist in creating new business start-up opportunities, market the economic benefits of the community, and recruit new businesses.