Economic Development

In today’s competitive economy, economic development is a community’s lifeblood.  Economic development creates new opportunities for private investors and communities alike.  Most importantly, economic development creates new jobs which benefits everyone.  Economic development makes communities more competitive and enhances the quality of life.

L.B. Schmidt & Associates, LLC can assist you in the area of economic development.

We’re facilitators.

We can assist communities on the public sector side in developing strategies to encourage economic development.  For example, we have been actively involved with three communities in working to develop scheduled passenger airline service – working with all of the key parties – local elected officials, airlines, chamber leadership, airport boards, etc.  We think outside of the box to create strategies in a challenging economy.

We can also assist developers and investors on the private sector side.  We have conducted market research for an Italian chemical company prior to the introduction of its new technology in North America.  We conducted a confidential survey for a local industrial development foundation which illustrated competitive rates of administrative and promotional spending for a variety of cities.  We routinely provide market research data to developers and community organizations.

Learn more about some of our projects by clicking on the links below under Related Projects and also read, see and hear some of what the media has been reporting on about our efforts in this area by clicking on the links below under Related News.