Economic Development Strategy for the Edina Chamber of Commerce, Minnesota USA (2016-17)

Economic Development Strategy for the Edina Chamber of Commerce, Minnesota USA (2016-17)

Development of a new community-based economic development strategy for the Edina Chamber of Commerce, Edina, Minnesota USA

Project Overview

Edina is a prestigious first-ring city adjacent to downtown Minneapolis. The Edina Chamber of Commerce contracted Future iQ to perform in-depth economic research and targeted stakeholder engagement to provide the requisite data to develop a new economic development strategy for the Chamber to use as it supports the business community in the city. Results from this research will produce a complete economic profile and industry cluster analysis of Edina, a business and industry retention and expansion strategy, and a recommended economic development strategy and implementation plan. The stakeholder engagement will involve a planning process that links local aspirations for the future and which together with the data-driven research will create the foundation of support for an economic development strategy that will guide the Edina Chamber of Commerce over the next ten years.

Future iQ's Role in this Project

  • Design a 6-month planning process during 2016.
  • Prepare a comprehensive industry cluster analysis focusing on industry employment and revenue among Edina’s prominent industry sectors.
  • Develop a community-specific economic impact model allowing Chamber leaders to develop a business and industry retention and expansion strategy.
  • Create a comprehensive survey of community stakeholders to explore and collect input on the concept of economic development within Edina.
  • Facilitate the Edina Chamber of Commerce Economic Development Think-Tank process to develop future plans for economic development.
  • Produce an Economic Development Strategy and Implementation Plan for the Edina Chamber of Commerce.
Sustainable Economic Development Plan for the City of Edina - Construction Sustainable Economic Development Plan for the City of Edina

Additional Resources and More Information