Saturday, September 30, 2006
Under state law, Virginia's new governor is required to develop a statewide economic development strategy. Governor released his last week.
The plan is built around nine broad goals, each with measureable metrics, such as:
• Increasing the total amount of Defense Department related contracts for Virginia firms by 5%, or $1.15 billion. • Increasing the economic impact of tourism in Virginia from $16.5 billion to $18.5 billion annually. • Increasing exports of goods from the Commonwealth by 7% ($855 million). • Ensuring broadband access for every Virginia business. • Increasing procurement for small businesses to 40% of state purchases. • Decreasing government administration transaction time for businesses by 30%.
You can read more about the release of the plan here. You can download a copy of the plan here.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.