Wealth Creation Webinar #3: Encouraging Sector Collaborations
The wealth creation framework known as WealthWorks seeks to build multiple types of capitals or assets in a community or region. This approach, recognized as a best practice in EDA’s CEDS Content Guidelines, emphasizes local ownership and control of businesses and assets in order to root wealth in a region. It is also intentionally inclusive, incorporating a variety of voices as planners and owners, not only as intended beneficiaries and consumers. EDDs and others are using wealth creation in their planning efforts, improving their consideration of equity and access when designing stakeholder participation or even procurement and hiring.
As a key national partner in the evolution of WealthWorks, the NADO Research Foundation is interested in building and broadening the wealth creation community. This webinar is the third of a series of quarterly webinar discussions, with the aim of showcasing how EDDs and others are using wealth creation in their work, while also creating a community of practitioners interested in learning about and building their practice around wealth creation. Register now for this webinar where you’ll hear about the creative sector in the Alabama Black Belt and the wine sector in Idaho, and hear from the Aspen Institute Community Strategies Group about how rural development hubs can support these kinds of collaborations.
For more about wealth creation, visit the NADO Research Foundation’s new wealth creation site, www.nado.org/wealthcreation as well as the WealthWorks home at www.wealthworks.org.
This webinar is offered through the Economic Development District Community of Practice (EDD CoP), managed by the NADO Research Foundation to build the capacity of the national network of EDDs. To learn more, visit: www.nado.org/EDDCoP. The EDD CoP is made possible through an award from the U.S. Economic Development Administration, U.S. Department of Commerce (ED22HDQ3070106).