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This document outlines the Economic Opportunity Initiative and Procurement Policy developed by East Baltimore Development Inc. (EBDI) to promote inclusion of Minority-Owned, Women-Owned, and Locally-Owned
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How to fill out ebdi economic opportunity plan

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How to fill out EBDI Economic Opportunity Plan & Procurement Policy

01
Review the EBDI guidelines to understand the objectives and requirements.
02
Gather necessary data regarding economic opportunities and potential procurement needs.
03
Outline specific goals for economic growth and community involvement.
04
Identify key metrics to measure success and impact.
05
Draft the plan, ensuring all sections are addressed comprehensively.
06
Consult with stakeholders to gather feedback and make revisions.
07
Submit the completed plan according to submission guidelines.
08
Monitor and update the plan regularly to reflect progress and changes.

Who needs EBDI Economic Opportunity Plan & Procurement Policy?

01
Businesses looking to engage in economic development projects.
02
Government agencies responsible for economic planning and community development.
03
Non-profit organizations seeking to implement initiatives aligned with EBDI goals.
04
Community members interested in understanding economic opportunities available to them.
05
Investors and developers assessing potential economic ventures in the area.
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The EBDI Economic Opportunity Plan & Procurement Policy is a framework designed to promote economic development and equitable procurement practices within the East Baltimore Development Initiative (EBDI). It outlines strategies for enhancing opportunities for local businesses and ensuring inclusive participation in procurement processes.
Entities engaged in contracts or agreements with the EBDI, particularly those receiving public funding or participating in development projects, are required to file the EBDI Economic Opportunity Plan & Procurement Policy.
To fill out the EBDI Economic Opportunity Plan & Procurement Policy, applicants must gather relevant business information, establish goals for local hiring and procurement, document strategies for achieving those goals, and adhere to specific reporting formats provided by the EBDI.
The purpose of the EBDI Economic Opportunity Plan & Procurement Policy is to foster economic growth within the community, enhance access to contracting opportunities for local businesses, and promote diversity and inclusion in the procurement process.
The information required for reporting on the EBDI Economic Opportunity Plan & Procurement Policy includes details about the business entity, the specific goals for local participation, strategies for recruitment and procurement, and progress reports on achieving those objectives.
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