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High Impact Strategies: Community Economic Development

High Impact Strategies: Community Economic Development . NASCSP Winter Conference March 1, 2012. Goals. Briefly define Community Economic Development and understand example projects Gain Understanding what the States’ role can be in supporting and promoting CED

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High Impact Strategies: Community Economic Development

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  1. High Impact Strategies: Community Economic Development NASCSP Winter Conference March 1, 2012

  2. Goals • Briefly define Community Economic Development and understand example projects • Gain Understanding what the States’ role can be in supporting and promoting CED • Reflect on what we can do when we return to the office

  3. Community Economic Development A process that seeks to improve economic conditions and quality of life for members of the community, generally in through a process governed by members of the community.

  4. Community Economic Development A process that seeks to improve economic conditions and quality of life for members of the community, generally in through a process governed by members of the community.

  5. Community Economic Development A process that seeks to improve economic conditions and quality of life for members of the community, generally in through a process governed by members of the community.

  6. CED as a Catalyst Community Economic Development can act as a Catalyst: a one time investment with many positive ripple effects in the local economy and community

  7. Why is this a High Impact Strategy for Community Action • A strategy built around using existing resources, relationships, and innovative ideas to leverage new investment in our communities. • Investment directed at moving people out of poverty

  8. Entrepreneurial Thinking “Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled” -Harvard Business School prof Howard Stevenson

  9. Successful CED • Combination of an innovative mindset and practical business savvy. • But just as important is a deep knowledge of the community and its needs and resources. • …sounds like Community Action!

  10. In My State…Discussion Questions • Are the Agencies in my state already engaged in this type of work? Why or Why Not? (Are there any specific enabling conditions or obstacles?) • Do I think that Community Action Agencies are well suited for this type of work? What could make them better suited for it? • What is one action I can take when I get home to help support CED activities in my state?

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