Economic development has different meanings to different people.
The County Board believes the International Economic Development Council (IEDC) definition is appropriate for Redwood County’s unique mix of social, geographic, political and economic qualities:
No single definition incorporates all of the different strands of economic development. Typically economic development can be described in terms of objectives. These are most commonly described as the creation of jobs and wealth, and the improvement of the quality of life. Economic development can also be described as a process that influences growth and restructuring of an economy to enhance the economic well-being of a community.
The main goal of economic development is to improve the economic well-being of a community through efforts that entail job creation, job retention, tax base enhancements and quality of life. As there is no single definition for economic development, there is no single strategy, policy or program for achieving successful economic development in Redwood County.
Stay In Touch
Reach out to Briana, Economic Development Coordinator to discuss your needs and what programs may serve your organization.