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What Does An Economic Developer Do?

What Does An Economic Developer Do?

What Does an Economic Developer Do?
Professional economic developers engage in a number of tasks in support of their community’s economic development. They engage with stakeholders – businesses, community organizations and elected officials – to develop and execute plans for robust, resilient and inclusive economies.
While many economic developers may specialize in one or more areas, understanding the intersections of all is essential to success. Economic developers regularly engage in: Business Retention & Expansion, Marketing & Attraction, Entrepreneur and Small Business Development, Technology Commercialization, Real Estate Development, Finance, Workforce Development, Strategic Planning

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Officials talk park improvements, incoming e-commerce tenant at Humble BizCom event

Officials talk park improvements, incoming e-commerce tenant at Humble BizCom event

Economic development is the intentional practice of improving a community’s economic well-being and quality of life. It includes a broad-range of activities to attract, create, and retain jobs, and to foster a resilient, pro- growth tax base and an inclusive economy. The practice of economic development comprises of a collaborative effort involving industry, government and myriad community stakeholders.

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What is Economic Development and What Does and Economic Development Organization Do?

What is Economic Development and What Does and Economic Development Organization Do?

Economic development is the intentional practice of improving a community’s economic well-being and quality of life. It includes a broad-range of activities to attract, create, and retain jobs, and to foster a resilient, pro- growth tax base and an inclusive economy. The practice of economic development comprises of a collaborative effort involving industry, government and myriad community stakeholders.

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