Rockland County celebrated its first Economic Development Week May 6-10, 2024.
It was an opportunity to increase awareness of local programs that create jobs, advance career development opportunities and improve the quality of life for businesses and residents of Rockland County.
It was an opportunity to increase awareness of local programs that create jobs, advance career development opportunities and improve the quality of life for businesses and residents of Rockland County. In a culminating event, Rockland County Executive Ed Day presented the Economic Development Leadership Award to Al Samuels, President & CEO of the Rockland Business Association.
Created in 2016 by the International Economic Development Council (IEDC), Economic Development Week and is recognized throughout the United States and Canada.
Economic development is a strategic approach to building vibrant local economies through deliberate choices and actions. At its core, it involves programs, policies, and activities aimed at improving the economic well-being and quality of life for communities by creating and retaining jobs while providing a stable tax base. Economic development organizations and professionals work daily to enhance the health of local economies through various initiatives.
Economic developers drive community growth by supporting entrepreneurs with permits and financing, helping businesses expand through infrastructure and tax assistance, facilitating new business locations, designing workforce training, revitalizing neighborhoods, sharing market data, promoting community development, and managing disaster recovery efforts.
Even in times of low unemployment and strong growth, communities face key challenges. Worker shortages limit business expansion, while rapid growth can strain quality of life. Strategic economic development during prosperous periods helps communities maintain competitiveness through diversification, infrastructure improvements, and workforce training. Additionally, strong economic conditions create ideal opportunities to invest in marginalized communities, expand labor pools, support small business growth, and enhance educational systems for sustained future success.
If you are a business that is located in Rockland County or looking to open in Rockland County and need assistance, please contact us at (845) 364-2170 and/or COMPLETE THE FORM BELOW to get started.