Competition is a way of life, and healthy competition helps businesses grow. Manufacturers are fighting hard to keep their existing customers and find new ones. Communities across the Dayton area are competing, too. They are competing to attract and retain successful manufacturers because of the jobs they create for local residents.
Welcome to the world of economic development. Many people have heard the term “economic development” but not everyone knows what it means, or why it might be important for their business. In fact, most communities have at least one economic development professional who is tasked with helping local companies create jobs.
The primary role of the economic development staff at the local level is to retain existing “customers” by connecting businesses to programs, services, and resources in the region. Much like a sales team, they also compete against other cities to “sell” their community to clients who may choose to locate a business there.
In the coming weeks, I will provide information about resources for Dayton area companies. Some of these programs are available nationwide, while others are unique to the Miami Valley. If your company doesn’t know about these programs, you may be missing important opportunities to boost your competitive edge.