Economic development refers to programs, policies, or activities to improve a community’s financial well-being and quality of life. What [“economic development”] means to you depends on your community. Each community has its opportunities, challenges, and priorities.
What is Economic Development?
[Economic development] refers to programs, policies, or activities to improve a community’s financial well-being and quality of life.
What [“economic development”] means to you depends on your community. Each community has its opportunities, challenges, and priorities. [Economic development] plans should include those who live and work in the community.
[Economic Development Strategies]
[Economic development] priorities vary, but [economic development] strategies often aim for expected positive outcomes, such as:
- Create more jobs and more diverse jobs
- keep business and win new business
- Improving the quality of life
- More people and businesses paying taxes
- More productive use of properties.
- Promote community assets
- Make and sell more local products.
- Increase the number of skilled workers living in the community
What is an Economic Development Practitioner?
Just as communities develop differently, so do the [economic development] professionals who support them. In general, [economic development] professionals do the following:
- Planned, designed and deliver [economic development] strategies.
- It is a vital link between the public and private sectors and communities.
- Participate in [economic development] planning and sometimes lead or contribute to policy-making.
- Manage policies, programs and projects.
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