WEDA's Economic Development Principles
These principles were developed compiled by the WEDA Board of Directors and the WEDA Legislative Committee, with input from WEDA members, in 2011. This summary statement is based on long-standing economic development principles that have guided WEDA members in one form or another for years. They are compiled here to provide a yardstick with which to measure economic development activities and legislative actions. It is a “work in progress” and will continue to be refined as we apply the principles to the real world of economic development in Wyoming.
WEDA believes that legislative, local and state economic development efforts should provide a consistent strategy to encourage private sector development of companies that provide higher than average wages, create primary jobs, diversify the economy and generate tax revenue. Legislative and economic development policy and efforts should meet one or more of these criteria listed in WEDA's Economic Development Principles.
Elected Official’s Brochure
WEDA has produced an educational brochure on the Building Blocks of Economic Development. The goal of economic development is to increase the tax base and provide better jobs, which improves the lives of our citizens. To reach this goal, the time and resources allocated to economic development programs typically fall under five categories: developing supportive public policy, creating a competitive product (community infrastructure, sites, buildings, business climate, workforce development, and leadership development), the retention and expansion of existing businesses, entrepreneurship support, and recruiting new business. This brochure explains how interrelated these issues are.
- Professional Print Shop Quality 5.4mb (larger file but better quality)
- Office Copiers - print your own Front and Back (2 smaller files)
- Email-Friendly Brochure files (smaller file with lower resolution)
ED 101 Powerpoint Presentation
You're welcome to use this ready-to-use PowerPoint for presentations to your board, officials and others:
Ready-to-use ED 101 PowerPoint
Download the ready-to-use PowerPoint file (5.7MB PowerPoint)
You can customize this same PowerPoint with your own local projects for your local presentations:
Do-it-yourself Customizable ED 101 PowerPoint
Download the customizable do-it-yourself PowerPoint file (6.43MB PowerPoint)
WEDA Newsletter: The Economic Development Pulse
WEDA produces 3 newsletters a year in conjunction with the Wyoming Business Council, which appear inside the Wyoming Business Report. We invite all our membership organizations to share their newsworthy events and relevant economic development topics during the year. This literally means free exposure to thousands of business-minded readers in Wyoming and our surrounding region.
Download the current newsletter (May, 2013 1.2 MB pdf)
Download the Supplemental Newsletter (Winter, 2012 pdf)
WEDA Annual Success Stories
Since 1998, WEDA has published examples of local economic development Success Stories of its WEDA members. For the past several years, we have produced this informative publication in conjunction with the Wyoming Business Council. Our annual Success Stories publication provides a sampling of the many statewide economic development accomplishments made during the previous year. It has become an important reference tool that is useful on many levels within Wyoming businesses, the legislature, media, and in our own communities. It has been successful at communicating our members' creative solutions to challenges that comes with the territory of economic development professionals. They all prove that Wyoming's economic development really happens at the local level.
Download the 2012 Success Stories (2012 3.7 MB PDF)