Investment Attraction Strategy
The purpose of an investment attraction strategy is to develop a strategic plan for attracting business investment, based on a clear set of objectives that can be achieved by implementing carefully thought out tactics.
An investment attraction strategy should be developed in consultation with community stakeholders. It should also be reviewed and updated on an annual basis to ensure it remains relevant. Where appropriate, communities within close proximity to each other may want to collaborate to develop and implement a regional investment attraction strategy.
Typically a component of your community’s broader economic development strategy, your investment attraction strategy can be prepared using parts of the broader strategy, such as the assessment of community assets.
Steps to Creating an Investment Attraction Strategy is a useful tool to help guide your community’s investment attraction strategic planning.