Local Economic Development Office of Prijepolje Municipality was established on November 2, 2007 with support of USAID's Program MEGA.

Official opening ceremony was attended by: Arthur J. Flanagan - Senior Advisor USAID - Steven Rosenberg - Chief of Party of USAID's MEGA Program - Jelena Bojovic - LED Team Leader, Jovica Damjanovic - Deputy LED Team Leader, Nebojsa Rancic - Deputy MCB Team Leader, Nedzad Turkovic - Mayor of Prijepolje, Hanka Hajdarevic - Head of Municipal Administration of Prijepolje, Dragisa Rakonjac - Head of the Department of Economy, Budget and Finance, Ifet Hamzic - Head of LED Office, LEDO staff, national and local media.

Local Economic Development Office operates within the Department of Economy, Budget and Finance.