Celebrating Economic Development Week

Follow Our Social Media Campaign #MEDCO1Thing 

May 2, 2016 - Marion, IA- Economic development is work that happens year-round and mostly behind the scenes. One week in May is dedicated to shine a light on the work of economic development in the Corridor. During this week May 8-14, 2016, the Creative Corridor Economic Development organizations will celebrate the profession of economic development and the professionals that work to create opportunity for all citizens and communities within the corridor. This week will be highlighted by a social media campaign using #CorridorEDWeek to be shared on Twitter, Facebook and LinkedIn accounts. MEDCO will also showcase investors with #MEDCO1Thing where business people tell us the one thing that you might not know about their company.

Communities benefit from the work of economic developers through realizing a more diversified tax base, increased employment opportunities, and a healthy economic base. Area economic development entities including the Benton Economic Development Group, the Cedar Rapids Metro Economic Alliance, the Iowa City Area Development Group (ICAD), the Jones Economic Development Group, the Marion Economic Development Corporation (MEDCO), and the Washington Economic Development Group (WEDG) are committed to leading economic development in the Creative Corridor. Through strategic relationships with the business community, educators, local government, and other economic development partners, the Corridor will continue to see unprecedented development and growth in 2016 and beyond. Clickstop CEO Tim Guenther provides this insight, “Generally speaking, developing anything energizes the community. New parks, trails, and public services are great investments in our community. Combine that with a growing business base and the jobs and services that those businesses offer and you have a thriving community. Economic development is important because it promotes these things and moves the community forward.” 

Economic Development organizations invest in tomorrow’s workforce through partnerships with area educations systems from k-12 through all forms of higher education with the intent to develop a strong pipeline to drive future business success. We are also helping employers connect to tools and resources to assist with recruiting and retention challenges. We encourage employers to make sure their economic development partners are a trusted partner when looking for new strategies and possible solutions. Workforce is regional and we welcome the opportunity to be of assistance. Workforce Development strategists will be working cohesively with the Corridor Economic Development teams to create and execute plans for continuing to grow the region’s workforce and future employment opportunities.

Area business leaders know first-hand about the positive impact the work of economic development has on the Corridor. Ask Patrick Lyons, President and CEO of Ideal Industries. “Economic Development is the engine that drives community viability. As a business owner I am most attracted to a community that consistently demonstrates a willingness to invest in itself.” William Bogert, President of Anderson Bogert agrees, “Economic development drives the economy and health of a community. It bring new business, fresh ideas and exited, talented people. As a business owner I depend on all of these for our local team to thrive.

To keep informed of all of the amazing things happening with economic development in the Creative Corridor, stay connected and involved. The collaboration between the regions’ Economic Development teams will ensure that the Corridor attracts new business and retains and supports existing businesses.