IEDC's Accredited Economic Development Organization (AEDO) program recognizes organizational excellence in the areas of internal and external operations, structures, and procedures. This series profiles newly accredited AEDOs, putting some of economic development's highest-performing organizations in the spotlight. This edition: City of Garden Grove (Calif.) Office of Economic Development.
Read MoreIEDC's Accredited Economic Development Organization (AEDO) program recognizes organizational excellence in the areas of internal and external operations, structures, and procedures. This series profiles newly accredited AEDOs, putting some of economic development's highest-performing organizations in the spotlight. This edition: Shiawassee (Mich.) Economic Development Partnership.
Read MoreThis week’s Take Action Against Racism in Economic Development webinar, Community-Rooted Economic Inclusion, focused on what the future economic development looks like through the lens of equitable community development. The discussion followed the release of the Brookings Bass Center for Transformative Placemaking’s Community-Rooted Economic Inclusion Strategic Action Playbook. Using targeted data and local knowledge are key to creating a layered community and economic development plan. The playbook encourages a multidisciplinary approach to building wealth and opportunity in underinvested places through a step-by-step methodology calling for cities to: Find a convener organization that will build capacity by linking ...
Read MoreCritics of tax incentives often point out the inconsistencies of their outcomes—some bring financial risk, do not fulfill promised economic development benefits, and do not have a positive impact on the communities they are intended to help. A shift towards economic recovery has led states to reevaluate their incentive programs to attract businesses and create new jobs in a post-pandemic world. To outline the pitfalls of certain incentive practices and suggest ways to combat common problems, the Pew Research Center produced a number of pieces on strategies to effectively use and monitor incentives.
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