The Ames Economic Development Commission organizes and promotes sound economic growth in the Ames area by stimulating the expansion of existing business, attracting new enterprises and assuring a favorable community climate for new ideas and economic growth. The Ames Economic Development Commission consists of approximately 100 businesses and professional members who have invested their resources to improve the community. In the last nine years, the AEDC has assisted in projects that have resulted in a capital investment of $822 million and which have created or will create 1,200 jobs. The Ames Seed Capital Fund, created by the AEDC, is a pool of private investors that have contributed their financial resources to provide a source of funding for businesses committing to Ames. This fund has assisted many new start-up companies.