1. High Impact Strategies: Community Economic Development NASCSP Winter Conference March 1, 2012

2. Goals Briefly define Community Economic Development and understand example projects Gain Understanding what the States’ role can be in supporting and promoting CED Reflect on what we can do when we return to the office 2

3. Community Economic Development A process that seeks to improve economic conditions and quality of life for members of the community, generally in through a process governed by members of the community. 3

4. Community Economic Development A process that seeks to improve economic conditions and quality of life for members of the community, generally in through a process governed by members of the community. 4

5. Community Economic Development A process that seeks to improve economic conditions and quality of life for members of the community, generally in through a process governed by members of the community. 5

6. CED as a Catalyst Community Economic Development can act as a Catalyst: a one time investment with many positive ripple effects in the local economy and community 6

7. Why is this a High Impact Strategy for Community Action A strategy built around using existing resources, relationships, and innovative ideas to leverage new investment in our communities. Investment directed at moving people out of poverty 7

8. Entrepreneurial Thinking “Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled” -Harvard Business School prof Howard Stevenson 8

9. Successful CED Combination of an innovative mindset and practical business savvy. But just as important is a deep knowledge of the community and its needs and resources. …sounds like Community Action! 9

10. In My State… Discussion Questions Are the Agencies in my state already engaged in this type of work? Why or Why Not? (Are there any specific enabling conditions or obstacles?) Do I think that Community Action Agencies are well suited for this type of work? What could make them better suited for it? What is one action I can take when I get home to help support CED activities in my state? 10