After the devastating Northridge earthquake in 1994 which exacerbated economic conditions in the San Fernando Valley, local officials decided to establish a new economic development alliance in the form of a public-private partnership to pursue economic diversification strategies.
Learn about the steps taken to transform local workforce skills and knowledge out of declining industries into emerging areas of information technology, bioscience and clean/green manufacturing. Discover how the private sector can effectively collaborate with the public sector in addressing economic recovery challenges, establish priorities for diversification efforts, and effectively implement disaster recovery strategies.
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RestoreYourEconomy.org provides resources and best practice information for public and private stakeholders who are seeking to rebuild their local economies after an economic disruption, be it a natural disaster or man-made crisis, as well as assist the business community in preparing for a disruption.