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Category Archives: Economic Development
Cultivating Community Wealth: Strategies for Building Rural Wealth, Part 2
This post is part of an eight-week series on Cultivating Community Wealth. Strategies summarized in this post include business retention & expansion, tourism, retiree attraction, workforce education, shop/eat local campaigns, and fundraising campaigns. Strategies discussed in last week’s post include industrial recruitment and financial incentives, clusters, value-chain development, community business matching, entrepreneurship including youth entrepreneurship, and regionalism. Recall that particular strategies may be suited to the assets, goals, and values of some communities but not others. Discussion of a strategy does not imply endorsement, and leaders are encouraged… Read More →
Cultivating Community Wealth: Strategies for Building Rural Wealth, Part 1
This post is part of an eight-week series on Cultivating Community Wealth. Why a community “does what it does” is really a statement about the values the community or organization possesses. –Steve Deller in Rural Wealth Creation (p. 161) Wow. Read that one more time. A deceptively simple, intensely powerful sentence. Actions matter. Intentions matter. A community that allows its poor to be further marginalized is making a statement. A community that supports entrepreneurs, volunteers, or youth is also making a statement. Why your community chooses certain wealth… Read More →