1.1: Civic Entrepreneurship
Foster Civic Entrepreneurship Other Information:
As a community or region seeks to develop a healthy, competitive, and sustainable economy, it needs to build the capacity
of three interdependent elements: individual leaders, organizations, and the community as a whole. Leadership development
skills; broad citizen involvement; strategic planning processes; and collaborations among business, government, nonprofit,
and philanthropic organizations contribute to a sense of empowerment and sustained economic well-being. These activities foster
broad-based civic engagement and support strategic readiness to take advantage of economic opportunities. Selected Strategies:
Support the development of broad-based leadership structures and transformative institutions for change, such as community
development foundations and community development financial institutions. Build the capacity to collaborate among government,
business, and nonprofit and philanthropic sectors by increasing skills in consensus building, communication, networking, knowledge
and understanding of economic and social trends, and other elements of civic capacity. Support strategic planning initiatives
for local organizations and agencies to capitalize on economic development opportunities. Encourage partnerships and promote
regional efforts in economic development. Provide training and consultation services to local governments and nonprofit organizations
engaged in economic development.
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