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Fayetteville celebrates Economic Development Week with new credential and program updates

By Staff Report, posted 2 months ago

Mayor Mitch Colvin recognized May 4–8 as Economic Development Week in Fayetteville, presenting a proclamation that highlights the role economic development plays in job creation, neighborhood vitality, business investment and long-term community growth. 

The week brought a notable professional milestone for the department. Christopher Cauley, the City’s Economic and Community Development Director, earned the Certified Economic Developer (CEcD) designation from the International Economic Development Council. 

The CEcD recognizes professionals who demonstrate advanced knowledge and applied expertise across economic development’s core disciplines, including business retention and expansion, strategic planning, workforce development, small business support, neighborhood redevelopment, finance and organizational management. Candidates must complete prerequisite coursework and pass a rigorous two-day examination. 

“Earning the CEcD designation is a meaningful professional milestone, but more importantly, it strengthens the work we are trying to do for Fayetteville,” said Economic and Community Development Director Christopher Cauley in a press release. “Economic development is about more than business recruitment. It is about helping existing businesses reinvest, creating job opportunities for residents, strengthening commercial corridors and making sure the City has the tools needed to support responsible growth.” 

Cauley earned the designation in the April 2026 examination cycle, joining just 41 professionals recognized in that cycle and a global network of roughly 1,000 active CEcD holders worldwide. 

Additionally, Economic Development Manager Derrick McArthur presented updates to Fayetteville's existing economic development programs. The updates will modernize the City's economic program structure by expanding eligibility, increasing flexibility and creating enhanced benefits throughout the City.  

Council accepted the presentation and provided consensus direction to enact the proposed changes. The updates include renaming and restructuring the City's existing business assistance, exterior improvement and corridor programs. Updated programs go into effect July 1.

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