Economic Development and Disasters

Today Ms Emily Brown of IEDC is our guest blogger to tell us about the work of her organization. The economics of disasters is an important topic and deserves more attention

IEDC Addresses the Economic Development Piece of Disaster Recovery

Disasters impact communities on every level. After addressing health and safety concerns, one of the larger issues communities face is how to ensure the health of their economy. When businesses are damaged and workforce is displaced, jobs can be on the line. Economic developers can help to mitigate the effects of a disaster on an economy, leading to a full recovery and a stronger community.

The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. Economic developers promote economic well-being and quality of life for their communities by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base.  

Since 2005, the International Economic Development Council has been assisting economic development professionals in disaster impacted communities. We have worked in Louisiana, Missisippi, Missouri, Alabama, North Carolina, New York, and Massachusetts after disasters such as hurricanes, tornados, flooding, and storms.  Our trainings and resources focus on disaster preparedness and economic recovery with a special concentration on economic developers’ role.

Information on IEDC reports and resources can be found on www.RestoreYourEconomy.org, a web portal that IEDC administers with funding from the Economic Development Administration. Resources cover issues such as business continuity and preparedness, business financing and retention, capacity building, economic diversification, federal resources, public-private partnerships, and tourism recovery. Additionally, the website features relevant information from other organizations involved in recovery.

IEDC also offers a free monthly Disaster Recovery webinar. The January webinar is entitled, “Lessons from the Field: Small Business Recovery Strategies After a Disaster.” It will take place on Tuesday, January 28th from 2:30 to 4:00. Future webinars will focus on business continuity planning, establishing a 501c-3, and long term recovery for businesses.

This entry was posted in Economic Development, Economic Impact. Bookmark the permalink.

One Response to Economic Development and Disasters

  1. Building back is critical after a natural disaster, but making sure it is done in a resilient manner is key.

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