"County committed to regional job growth | ABC Newspapers"

Job growth is critical to the economic well-being of not only Anoka County, but the region as a whole.

That’s the view of Anoka County Board Chairperson Rhonda Sivarajah and the rest of the board, which is why the county board has decided to spend $75,000 to become part of the Itasca Project and its offshoot, the Minneapolis-St. Paul Regional Economic Development Partnership (REDP).
The Itasca Project, which focuses on a regional approach to economic development, formed the REDP “to be a value-added resource to all economic development organizations and activities in the region,” according to REDP website.
REDP is a private-public partnership (501C3), funded by business, institutions and government, whose mission is to stimulate economic growth and prosperity and a resultant higher quality of life for the Twin Cities metro area, the website states.
The county board discussed during a work session last year whether or not the county should participate in REDP and the decision was made to move forward, according to Sivarajah.
The Itasca Project efforts demonstrated a need for “one voice” and that one voice will be the Minneapolis-St. Paul Regional Economic Development Partnership (MSP-REDP), Sivarajah said.

According to its website, there are four specific activities that the MSP-REDP will lead or partner with existing organizations.
1. Set a strategic vision.
• Create the regional strategic vision for economic development.
• Define the tactical economic development agenda to guide resource prioritization.

2. Brand and market the region.
• Create a regional brand to reflect the strategic vision.
• Market the region’s vision and brand internally to align regional stakeholders.
• Market the region to external site consultants, companies and potential clients.

3. Retain current businesses in the region.
• Conduct local business check-ups and solve company specific problems.
• Connect businesses to, and raise awareness of, state and local resources.

4. Attract businesses to, and expand businesses in, the region.
• Serve as main contact for site consultants and relocating businesses.
• Provide one-stop shop for regional data, permit processes, real estate information, etc.
• Serve as project manager for local expansions and new attraction efforts.
• Connect companies with local resources and incentive programs.

More Regional Communities bookmarks:  http://www.delicious.com/I.see.regions.work

No comments:

Post a Comment