Investment Readiness Assessment
Last updated on December 17, 2018One of the first steps in business attraction is to assess how “investment ready” your community is. This requires that your community identify the types of business best suited to your location.
The Investment Readiness Assessment Checklist is a useful tool to help you do this. It is organized into economic development functions that support a community to be investment ready.
To attract investment and promote business success, you may also want to revisit your land use bylaws and regulations to allow for suitable business and industrial development and expansion.
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Understand Your Community Assets
Community assets create a competitive advantage for your community. It is important to systematically identify and document your community assets so stakeholders and prospective investors can easily access them.