State Selects Century To Participate In Competitive Florida Partnership

October 16, 2014

The Town of Century has been selected to participate in the  Competitive Florida Partnership, a rural community development initiative.

The Competitive Florida Partnership focuses on improving local economic development activities, particularly in the rural areas of Florida.  The Florida Department of Economic Opportunity will assist Century in working to implement the town’s strategic economic development plan in a way that is tailored to the community’s unique character and vision. One facet of the program will be to create a community asset inventory that will be available to local businesses wishing to expand or potential businesses interested in moving to Century.

The Competitive Florida Program will help Century to market the community’s local assets and to set realistic goals for advancing the town’s economic development vision. The program will help Century develop an innovative economic development strategy that promotes partnerships, community design, and a vibrant local economy.

Asset-based economic development is a bottom-up approach that focuses on developing and promoting existing local resources such as the available workforce, buildings and land, public infrastructure, transportation networks, education, political advocacy and civic organizations, to strengthen the local economy. This approach focuses on leveraging a rural community’s assets and economic advantages into sustainable economic growth and prosperity. DEO will work with Century to identify and market these assets and facilitate promotional opportunities to bring economic development to the community.

Comments

Comments are closed.

Written by William Reynolds · Filed Under News