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Economic Development

Economic development is a process, effort or undertaking to advance the competitiveness and quality of life of a community, area, or region through investments in people, physical infrastructure and technology that create the jobs and wealth, sustainable environments and workforce necessary in the global market place of today. Economic development is dependent on enterprise development and both involve location work that considers people, market demographics, worker availability, goods movement, services, information technology, and transportation. Regional councils and metropolitan planning organizations are leaders in economic development and known for their ability to collaborate and capacity to bring to the table diverse players to make a difference economically in an area or region.

Federal Resources

U. S. Department of Agriculture 
   Rural Development 

U. S. Department of Commerce 
   Economic Development Administration 

   Minority Business Development Administration 

U. S. Department of Housing and Urban Development 
   Community Planning and Development 

Contact: Jenee Kresge, jenee@narc.org or 202.986.1032 x215