RestoreYourEconomy is your resource for up-to-date information related to COVID-19 and its economic impacts. It is managed by the International Economic Development Council (IEDC) with generous support from the U.S. Economic Development Administration and IEDC's Economic Development Research Partners program.
If you have a resource or example of an effective strategy in your community that would be helpful to other EDOs in responding to COVID-19, let us know using the Contact Form to share your story.
"Barriers to opportunity are often treated as a result of individual failure rather than consequences of the long history of discriminatory practices such as occupational segregation, mass incarceration, discrimination in hiring and promotion, and the weakening of other forms of worker protections."
On Friday, October 16, IEDC hosted a webinar and annual conference session addressing long term resilience in the face of multiple crises. The session addressed the road to recovery as disasters meet, particularly how to address natural disasters in the midst of a global pandemic and nation-wide recession. The session included a presentation from Mickie Valente, president of Valente Strategic Advisors and a panel discussion between economic development professionals from around the country. Attendees were welcomed by Dennis Alvord, Deputy Assistant Secretary for Economic Development & Chief Operating Officer.
The US Census plays an important role in determining where federal funding will be directed for the next 10 years. For economic development organizations, this impacts the amount of funding available on a state and local level from many programs. This year, the census faces unique challenges due to COVID-19 and an unsupportive presidential administration, which could impact results and subsequently, funding.
IEDC’s board of directors and staff send our heartfelt sympathies and prayers to those communities damaged by Hurricane Delta, many of which are still recovering from the effects of other storms during this 2020 hurricane season.