Louisiana Development Ready Community

 

03/07/2023

LBJ Click for Today LBJBy Louisiana Economic Development

Louisiana Economic Development (LED) is committed to empowering communities around the state through investment, job creation, and economic growth.
 
The Louisiana Development Ready Community (LDRC) program is one of the ways LED helps participants become more competitive for new investment and jobs, guiding selected communities through the process of creating and implementing a strategic economic development plan. By following its plan for multiple years, participants leverage local assets and address unique challenges to empower business growth in their communities.
 
LDEQ 1If an area is not yet positioned to participate in the LDRC program, the Community Competitiveness Initiative (CCI) is available to help get started on the path toward certification.
 
LED LDRC CCI Breaux BridgeCCI is an economic development capacity measurement that identifies areas of a community that will help it become more competitive. Understanding economic development capacity is critical in securing job creation through promoting the expansion of current businesses and attracting new ones.
 
CCI uses twenty key indicators to gauge a community’s economic development readiness, which is classified in one of three stages: emerging, developing, or achieving. The twenty indicators are grouped by type:
 
Organization
  • Staffing
  • Budget
  • Economic development plan
  • Target industry analysis
  • Regional economic development organization engagement
  • Leadership training/stakeholder education
Product Development
  • Available sites
  • Available buildings
  • Workforce/labor
  • Infrastructure capacity
  • Understanding of local competitiveness
Community Resilience
  • Emergency preparedness plan
  • Disaster preparedness
  • Business retention and expansion
  • Constituent communication and engagement
Marketing and Business Development
  • Marketing plan
  • Economic development partnerships
  • Prospect hosting
  • Promotion collateral
  • Inventory of unique selling points
The CCI is designed to enhance community competitiveness by focusing on economic development capacity at the parish level, but is effective on the municipal and organizational levels as well. There are two ways to get started: an in person meeting with the local Economic Development Board or community leaders, or a virtual meeting with the LED team.
 
To learn more about CCI, please visit LouisianaCommunityNetwork.org or contact Robby Abboud at Robert.Abboud@la.gov.



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