Your City — Where quality is developing by design
An Economic Development Council's success is achieved by partnering with public and private organizations.
An Economic Development Council: Who We Are
An Economic Development Council is a partnership of the private and public sectors aimed at the overall economic development of Your City. A non-profit, 501c3 organization, our mission is to maximize economic well-being and opportunity throughout the City.
Our Goals
- Attract new business and industry,
- Retain and expand existing business and industry, and
- Promote a positive economic development climate.
We are [supposed to be] instrumental in creating or retaining jobs and in coordinating millions of dollars in new capital investment.
A council is funded through the investments of numerous area businesses, institutions, communities and individuals, as well as through a contractual agreement with the City. The membership base represents a broad range of business and civic leaders and elected officials who are committed to quality growth and development in the City.
What We Do
We assist prospective, new, and existing businesses by providing economic development information including:
- Sites and Buildings
- Existing business inventory
- Job training programs
- Amenities and attractions
Our affiliate organizations provide several services, including capital for small businesses through the 504 debenture and revolving loan programs.
We provide staffing for an Industrial Development Authority and Tax Increment Financing Commission that provide financing and incentives.
— Based on the web site of the Clay County Economic Development Council.
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