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COMMITTEE OF THE WHOLE #2A. COMMUNITY AND ECONOMIC DEVELOPMENT DEPARTMENT1420 Miner Street Des Plaines, IL 60016 P: 847.391.5380 deplanes. Memorandum Date:June 13, 2018To:Michael G. Bartholomew, MCP,
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01
Start by researching and identifying the specific needs and challenges of the community in terms of economic development.
02
Develop a comprehensive plan or strategy for community and economic development that addresses these needs and challenges.
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Collaborate with various stakeholders such as local government agencies, businesses, non-profit organizations, and community members to gather input and support for the development efforts.
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Implement the plan by taking actions such as attracting new businesses, promoting entrepreneurship, improving infrastructure, and enhancing workforce development.
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Continuously monitor and evaluate the progress of the development initiatives and make necessary adjustments to ensure effectiveness and sustainability.
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Foster community engagement and involvement by organizing events, workshops, and educational programs that promote economic growth and development.
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Seek funding and resource opportunities from government grants, private investments, and other sources to support the implementation of the development plan.
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Regularly communicate and update the community about the progress and outcomes of the development efforts to maintain transparency and accountability.

Who needs community and economic development?

01
Communities that are experiencing economic stagnation or decline can benefit from community and economic development initiatives.
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Small towns or rural areas that are struggling to attract businesses and retain residents may require targeted development efforts to revitalize their economies.
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Low-income communities that lack essential services, job opportunities, and infrastructure investments can greatly benefit from community development initiatives.
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Disadvantaged or marginalized communities that face barriers to social and economic advancement can find support and empowerment through community and economic development programs.
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Local government agencies and officials responsible for planning and promoting the overall welfare of the community can leverage community and economic development strategies to create a vibrant and prosperous environment.
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Businesses and entrepreneurs seeking to establish themselves or expand operations in a supportive and conducive economic environment can find opportunities facilitated by community and economic development efforts.
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Community and economic development is the process of creating stronger and more resilient communities by promoting economic growth and improving the quality of life for residents.
Various stakeholders including government agencies, non-profit organizations, and businesses are often involved in community and economic development initiatives.
Filing community and economic development typically involves gathering and reporting data on economic indicators, community demographics, and development projects.
The purpose of community and economic development is to promote sustainable growth, create job opportunities, and enhance the overall well-being of a community.
Information such as employment statistics, poverty rates, infrastructure projects, business investments, and demographic data are commonly reported on community and economic development.
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