Economic Development Recovery and Resiliency Playbook - Flipbook - Page 18
Training and Stafing. Local governments cannot
always fund every aspect of economic development,
but they can invest in staf who will research and
identify partnerships and funding resources and
gain the expertise to apply for these funds. Investing
in training for public sector staf should also include
planning and review of resiliency, recovery, and
response activities in case of a disaster or
economic disruption.
Equity and Inclusion Review. It is essential to
analyze economic development programs and
incentives from the perspective of who benefits and
who does not. While local governments sometimes
focus this analysis on incentive-type programs,
creating economic opportunity for all is intentional
work, and this lens must be incorporated when
considering all challenges and solutions.7
As noted earlier, the promise of economic
development is that — if done thoughtfully and
strategically — it is rooted in the hope of a better
future for all, implemented in a way that is consistent
with a community’s values. The tools and tactics discussed in this chapter ofer a good foundation for understanding and
applying the concepts in this Playbook.
In addition, this Playbook will help you better understand your current economic situation and risks, identify potential impacts
of a disruption, and start your resiliency and recovering planning for the betterment of your community and residents — so you
can build a strong, diverse, and resilient economy.
7
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Adapted from “Build Economic Development Momentum With Tools, Teams, and Tactics,” Western City magazine, March 2020
CALED | Economic Development Recovery and Resiliency Playbook
