What is
Economic Development?
Economic development is the ongoing work of creating the conditions that help businesses, people, and communities thrive.
It includes supporting business growth, strengthening the workforce, improving community assets, and building partnerships that create long-term economic opportunity and quality of life.
The 3 Pieces of
Economic Development
Business Development
Helping businesses start, grow, invest, and succeed.
Workforce Development
Connecting employers, workers, educators, and training resources to strengthen the talent pipeline.
Community Development
Supporting the housing, childcare, infrastructure, education, amenities, and
quality-of-life factors that help communities attract & retain people and businesses.
A strong economy depends on all three working together.
A business may want to expand, but it also needs qualified workers. Those workers need housing, childcare, transportation, reliable internet, and a community where they want to live. In today’s economy, business, workforce, and community development are increasingly interconnected—and successful economic development requires attention to all three.
What Economic Development Looks Like
Supporting entrepreneurs and existing businesses
Improving housing and childcare capacity
Attracting investment and new opportunities
Expanding broadband and infrastructure
Connecting employers with workforce resources
Providing economic and demographic data
Building partnerships across communities
Advocating for regional needs and opportunities
LCEDC’s Role
in Economic Development
Economic development continues to evolve, and so do the needs of Lincoln County’s businesses and communities. LCEDC works collaboratively with businesses, local governments, educational institutions, community organizations, and regional and state partners to identify needs, connect resources, and advance opportunities that strengthen Lincoln County’s economy and quality of life.
Our role is not limited to any one project or program.
We serve as a connector, resource, partner, and catalyst - bringing people and resources together to help businesses and communities move forward.
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