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About Us

 WELCOME TO OUR ABOUT PAGE 


NEW SOLUTIONS ECONOMIC DEVELOPMENT AUTHORITY (NSEDA) CREATING A VISION along with its Project Leader, Real World EDA, also a product of Project Compute, first inner-city computer program in Seattle, WA.

See some of what we are learning

NSEDA's Vision - Wa State UBI # 604 769 059 - 06/15

Our Educational Training VISION, MISSION AND PURPOSE


NEW SOLUTIONS ECONOMIC DEVELOPMENT AUTHORITY’S VISION STATEMENT

“To nurture and enhance the economic well-being of the community through the promotion of a sustainable economy. To develop a resilient strategy for economic development that promotes economic health and vitality that is recognized for its quality of life, diverse entrepreneurial energy, and pride of place”.


NEW SOLUTIONS ECONOMIC DEVELOPMENT AUTHORITY’S VISION WILL:

Guide the organization to its intended goal

Remind the community of what it represents

Inspire the people who take pride in their community

Control those unrelated activities

Free the community of past failures


Our vision will incorporate the best of the community's history into an ideal yet feasible view of the future. It will include an organizational charter of core values and principles, summarize priorities, plans and goals, provide insight into the future, and identify what makes the community unique. It will be, NEW SOLUTIONS ECONOMIC DEVELOPMENT AUTHORITY’S "declaration of interdependence" with regional activities.



New Solution AUTHORITY’S ECONOMIC DEVELOPMENT Educational VISION PLANS INCLUDE: 


Creating new and better jobs in the region

Keeping the money at home

Diversify the local economy

Keep existing businesses prosperous through marketing, management and financial assistance.

Attract desirable new employers consistent with the area's quality of life

Enhance earning opportunities of area residents

Promote investment of capital

Encourage local buying of goods and services

Expand the economic base of the community



Conclusion

Educating through IDENTIFYING THE NEED


NEW SOLUTIONS ECONOMIC DEVELOPMENT AUTHORITY through its educational agenda can determine if an economic development organization is a good idea for your community, we have to find out what the area’s needs are. Too many programs are organized out of desperation, e.g., created because a primary employer shuts down a factory or moves elsewhere. 

The need for economic development is broader than one single action negatively impacting the community. So, before we decide to go to the effort of organizing an economic development program. We have to find out:


WORKERS: 

How many people are unemployed? 

How many are underemployed? 


STUDENTS: 

How many graduates and leave town? 

How many drop out of school?

How many are going to college and in what fields?


BUSINESSES: 

Which firms are growing in the community? 

What skills do they require?

Which companies are having problems? 

What will it take to put them back on track?


DEFINING THE GEOGRAPHIC SERVICE AREA 

In choosing the geographic area to be served by the economic development organization, we consider the following issues:

The larger the area, the greater the number of representatives required to fully represent all private and governmental interests.

The larger the area, the greater opportunity to successfully secure private and governmental support funds.


The smaller the area served, the fewer assets a community has to grow and prosper.

A region wide economic development organization which increases the likelihood of a successful fund-raising campaign to assure an operating budget for part-time or full-time staffing may be better for your community. However, there are many fine examples of successful city and village economic development programs.


IDENTIFYING OTHER SERVICE GROUPS

We will identify numerous external partners who can assist in the community's economic development effort. Chances are, a lot of existing organizations, either in the community or in the area, already perform economic development activities as part of their routine responsibilities. Most of these organizations will appreciate the focus a local comprehensive economic development organization can provide. When groups collaborate resources and energy, the entire community benefits. The trick is to avoid duplication of services and learn how to work as a team.


Workforce Development

Business Development Coalition Building

Infrastructure Support Development

Business Climate Quality of Life

Economic Development Councils 

Small Business Development Centers

Utilities

Property Development Recruiting

Tourism

Community Action Programs

Community Development

Economic Development Districts

Establishing an Economic Development Program 


ORGANIZATIONAL DEVELOPMENT

County Chambers

Port Districts

Revolving and Micro-Loan Funds

Government (Federal, State and Tribal)

High Schools Community Colleges Vocational Schools

Access to Capital Technical Assistance

Visitors & Convention Bureau

Funding Business Climate

Business Development Coalition Building


DEVELOPING A STRATEGY

NEW SOLUTIONS ECONOMIC DEVELOPMENT AUTHORITY needs to chart its course as it is pertaining to educational needs of a community. 


Sectors of a community once assigned by geographical needs will determine specific educational Economic Developmnent and Leadership educational needs of said sector. Real World EDA will assign sectors based on the availability of prospects with the region.


Please see Puget Sound (Washington state) African Descent Regional Economic Development Strategic & Tactical Blueprint below.



Real World EDA Strategic and Tactical Blueprint

Download PDF

Perspectives about Gentrification - Its all about the vision

How to Deal with Gentrification can Fix Impoverished Communities.

I made Gentrification Sustainable

Make Gentrification Positive

Make the change in your community yourself.


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