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Economy


Long-range planning, workforce development and education bolster local economies

  • Written by Matthew Quinn
  • 28th July 2014
The National Association of Counties (NaCo) has highlighted three key themes local governments have implemented to attract businesses and develop human capital.

What is in this article?

  • Long-range planning, workforce development and education bolster local economies
  •  
  •  

Long-range planning, workforce development and education bolster local economies

Local governments across the United States are taking proactive roles to bolster economies. Through a series of case studies, the National Association of Counties (NACo) is highlighting what the organization says are three key themes in bolstering economic resilience. Those themes are:

1.  Long-range planning

2.  Supporting targeted industries, local businesses and entrepreneurs

3.  Workforce development and education

According to NaCo, talented workers have become increasingly mobile and as a result, businesses value location quality when they decide where to set up shop. At the same time, high unemployment among younger Americans and a growing demand for specialized skills means communities must invest in their people to attract jobs.

Here’s how featured counties are adapting to address this new reality:

Long-Range Planning

Maui County, Hawaii-In 1982, community leaders created the Maui Economic Development Board (MEDB) to diversify an economy once dependent on tourism and agriculture. MEDB has contributed to several successes, including the establishment of the Maui Research and Technology Park that hosts one of the U.S. Department of Defense’s supercomputing centers. The number employed in science, technology, engineering and math (STEM) has risen from 175 when MEDB was formed to over 3,000 today. 25 percent of Hawaiian high school graduates hold technical jobs and hundreds of technology companies have established themselves in Maui County.

Augusta-Richmond County, Ga.—Though residents’ relocation to the suburbs in the 1970s and 1980s weakened downtown, this trend began to reverse in the early 1990s when the National Main Street Center designated the city a national Main Street. This provided local leaders the support and assistance they needed for long-term planning to bring residents back downtown. These planning efforts allowed local arts and culture groups to create the First Friday art walk and a farmers’ and artisans’ market downtown. The city also created a new wastewater system, planning 20 to 30 years in advance for long-term economic security.

Brookings County, S.D. –Soon after its 2005 establishment, the Vision Brookings Coalition launched Vision Brookings 2010, a community and economic development fundraising plan that raised $4.1 million. $1.5 million served as seed capital to construct the Innovation Campus, while $369,150 supported new-business startups and $100,165 supported workforce development training programs and studies. Over 1,500 jobs and over 25 new retail establishments and 700 new housing units resulted in 2006-2009. In 2011 Vision Brookings II continued this effort. It invested $250,000 and leveraged $1.75 million in grant and loan money to develop the Agriculture Technology Center for Rural Enterprise business incubator.

Garrett County, Md.-In 1996, a sunglasses manufacturing plant closed, causing the county to suffer 18 percent unemployment. Rather than seek another large employer, county leaders sought to diversify the area’s economic base. Every five years, most recently in 2011, the county produces a new economic plan. The newest emphasizes focusing on increasing economic diversity by focusing on educational attainment, environmental preservation, entrepreneurial support, alternative energy and quality of life. The county’s Economic Development Executive Director Mike Koch attributes the success of this process to the close cooperation among elected officials, government staff, business owners, community members, non-profits, and school officials.

Cuyahoga County, Ohio-In 2011, the county and its component cities established the Business Attraction and Anti-Poaching Protocol. This calls for communities to cooperate rather than compete for regional business development. The county also established a Business Retention and Expansion Advisory Council to share ideas and best practices, learn about each other’s business needs, and discuss other state and local programs. This plan makes it clear to businesses that the communities within the county can cooperate with each other to maximize business attractiveness.

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Tags: Economy News Article

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