“Inclusive Economic Development” is the buzz from IEDC these days. In fact, across the country, programs are being developed aimed specifically at promoting economic equity and opportunity for communities and populations that were previously unexplored by economic development traditionalists. Rooted in the mantra “a rising tide lifts all boats,” these practitioners focused on attracting jobs and investment to an area under the assumption that job availability was equated with economic prosperity. To be fair, these practices were rooted in a market that valued low-cost, low-skill labor, and resulted in millions of middle-class workers who were able to walk out of high school graduation and begin their 30-year careers.
It starts with a desire, a hope.
One person’s vision for the future of a community may be just that, but with leadership and the right plan, funding, and political support, it can become a reality and transform a community.