Best Practices in Navigating the Complexity of Economic Development Project Proposals

Register

Investments in economic development hold much promise for communities. They may be expected to generate significant revenue, boost employment levels, and increase the overall economic and social vitality of a community.

Developing and evaluating economic development proposals can be tricky, as they are complex and often have political implications. The finance professional’s perspective is one of many that needs to be considered in the decision-making process. Using case studies related to proposals for sports stadiums, this session will provide advice and guidance on how finance professionals can navigate the decision-making process to help ensure the best outcomes for the community.

Learning Objectives

  • Define the benefits of including finance professionals in economic development decision-making processes.

  • Evaluate potential impacts and benefits of economic development projects.

  • Identify the stakeholders who should be involved in decision-making related to economic development projects.

  • Identify opportunities for private capital investments to produce public benefits.

  • Understand the importance of outlining needs and defining success before considering an economic development project.