Denali Chamber Economic Development Proposal - Flipbook - Page 10
and businesses to ensure development efforts
align with the community's needs and
aspirations.
5. Project Development: The EDD can identify and
plan development projects, while the
foundation can assist in securing funding and
resources to bring these projects to fruition.
6. Entrepreneurship Support: The 501(c)(3)
foundation can establish programs to promote
entrepreneurship and small business
development, while the EDD can provide
guidance on local market conditions and
regulatory requirements.
7. Long-Term Sustainability: Collaborative efforts
should focus on long-term sustainability,
fostering a culture of innovation and economic
resilience within the rural area.
8. Measuring Impact: Together, they can establish
clear metrics to measure the economic and
social impact of their joint initiatives, ensuring
accountability and continuous improvement.
9. Advocacy and Policy: Both entities can advocate
for policies and incentives at the local, state,
and federal levels that promote rural economic
development and investment.
10. Stakeholder Partnerships: Engaging with other
stakeholders, such as local governments,
educational institutions, and businesses, can
amplify the impact of their joint efforts,
creating a comprehensive ecosystem for
economic growth.
By combining the EDD's local knowledge and