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BOARD OF ECONOMIC DEVELOPMENT GOED CONFERENCE ROOM, 711 E WELLS AVE, PIERRE, SD WEDNESDAY, DECEMBER 13, 2023, 10:00 A.M., CT TABLE OF CONTENTS A. Regular Session Agenda B. Minutes C. Executive Session
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How to fill out economic development strategic plan

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Gather relevant data and information about current economic conditions
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Identify strengths, weaknesses, opportunities, and threats (SWOT analysis)
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Set clear goals and objectives for economic development initiatives
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Develop strategies and action plans to achieve these goals
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Nonprofit organizations focused on economic development
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Community development corporations
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Economic development professionals and consultants
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The economic development strategic plan is a detailed roadmap outlining the strategies and actions needed to promote the economic growth and development of a region or organization.
Government agencies, organizations, and municipalities responsible for economic development are usually required to file an economic development strategic plan.
To fill out an economic development strategic plan, one should gather data, assess the current economic landscape, set goals and objectives, develop strategies, and create an implementation plan.
The purpose of an economic development strategic plan is to guide decision-making, attract investment, stimulate economic growth, create jobs, and enhance the overall economic well-being of a region or organization.
An economic development strategic plan should include an analysis of the current economic environment, proposed strategies and actions, performance indicators, implementation timelines, and key stakeholders.
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