Round Rock Chamber Celebrates National Economic Development Week

WHAT IS ECONOMIC DEVELOPMENT AND WHY DOES IT MATTER?
At the core of Economic Development lies a commitment to attracting businesses, fostering local job creation initiatives, facilitating career advancement pathways, retaining businesses and developing a thriving ecosystem that supports high-growth entrepreneurs and start-up businesses. Economic development is a collaborative endeavor that relies on the concerted efforts of stakeholders.

Economic Development is a deliberate effort to enhance economic prosperity and overall quality of life within a community. This year, during Economic Development Week takes, the Chamber would like to use this time as an opportunity to shine a light on the invaluable work of economic developers and vital partners.

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WHAT IS ECONOMIC DEVELOPMENT WEEK?
Economic Development Week serves as a testament to the transformative power of economic development initiatives, both locally and across regions. Now in its ninth year, this observance, spearheaded by the International Economic Development Council (IEDC), highlights the indispensable role economic development plays in cultivating vibrant communities and robust economies.

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WHAT IS THE ROUND ROCK CHAMBER’S ECONOMIC DEVELOPMENT STRATEGY?
The Round Rock Chamber is the economic generator for the Round Rock community and serves as the economic development organization for the city. Through the Momentum program, the Chamber’s mission is to create jobs and wealth for the Round Rock community through strategic priorities including business attraction, business retention and expansion, workforce and talent development, entrepreneurship and business advocacy. In the last ten years, Momentum produced almost $14 billion in economic output, including jobs, financial relief for existing companies and the strategic attraction of new businesses.

Click here to learn more about Round Rock’s Momentum program, which directly supports the Round Rock Chamber’s economic development strategy through a unique public-private partnership.