St. Louis Development Corporation selected as part of the first IEDC Equity Communities cohort

0

The St. Louis Development Corporation is proud to announce that it has been selected as one of five communities to form the first Equality Communities Cohort, a component of the Equitable Economic Development Playbook initiative promoted by the International Economic Development Council (IEDC ) was developed.

The IEDC’s Equitable Economic Development Playbook program was made possible by the Rockefeller Foundation, the Kresge Foundation, and the Surdna Foundation.

Launched in May 2021, the Equitable Economic Development Playbook initiative aims to examine structural racism in economic development and to promote equitable practices and standards in both the post-pandemic recovery and long-term. The multi-year project will culminate in a toolkit release and on-site technical assistance to communities working on Equal Opportunity Action Plans.

The five organizations that are part of the IEDC Equality Communities Cohort will be committed for a year to receive technical assistance through site visits, webinars and cohort check-ins and an Equality Action Plan based on their local needs and create challenges.

“Ensuring that economic development efforts support shared prosperity for a wide range of stakeholders requires a deliberate approach. IEDC is excited to partner with our first equality communities cohort,” said Todd Greene, IEDC Chair and Executive Director of WorkRise and Institute Fellow at Urban Institute. “Together we will develop and implement ideas for fair economic development in these five communities. This initiative will allow us to work with these communities and develop strategies that promote equitable policies, practices and standards that will impact the realm of economic development.”

“SLDC is thrilled to be part of the IEDC Cohort for Equality Communities. As we work on our Economic Justice Action Plan, we believe this will enhance our ability to strategize to improve policies and developments in North St. Louis on an equitable basis to implement change,” said SLDC Chief of Staff Daffney Moore.

The first edition of the playbook was published in January 2022. At the end of the technical support period, an updated edition will be published that incorporates best practices and lessons learned from the equity communities.

About the St Louis Development Corporation

SLDC’s purpose is to strengthen, develop, and transform the city of St. Louis through a vibrant, equitable, and thriving economy where everyone can thrive.

About the International Economic Development Council

The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 4,300 members, IEDC is the largest organization of its kind. Business developers advance the economic well-being and quality of life of their communities by creating, maintaining and enhancing jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban, and local to international, IEDC members have the full breadth of experience in economic development. Given the breadth of business development work, our members are employed in a variety of fields, including local, state, provincial and federal governments, public-private partnerships, chambers of commerce, universities and a host of other institutions. IEDC members create quality jobs, develop vibrant communities and improve the quality of life in their regions. www.iedcONLINE.org.

Share.

About Author

Comments are closed.