The mission of the Business Development Board (BDB) is to stimulate economic energy, promote business diversity and enrich the vitality of Palm Beach County through the relocation, retention and expansion of companies to or in Palm Beach County.

The Business Development Board is a private, not-for-profit corporation. Founded in 1982 by Chambers of Commerce, the Economic Council, and other business leaders, the Business Development Board is designated by the State of Florida and Palm Beach County Commission as Palm Beach County's official economic development organization.

Although they are autonomous, they work closely with the Chambers of Commerce, other county organizations, and the County Commission to achieve economic development goals in the areas of business recruitment and expansion, job creation, workforce development, infrastructure, and availability of capital.

They work to attract and retain business investment through corporate relocations, expansions, and international trade; and provide marketing support and business networking services through a paid membership organization that partially funds their economic development services.