2
Business diversification: This
reduces economic vulnerability
by not relying on just one or two
businesses or industries. It requires creating
and attracting a mix of small and large
contributors in a variety of areas beyond
tourism such as technology, aviation,
healthcare and business services.
CHARLOTTE COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP
WHY ECONOMIC
DEVELOPMENT MATTERS
Economic development drives economic growth in our economy, helping to create high wage
jobs and an improved quality of life. These six pillars play critical roles in making that happen.
1
Job creation: Helping new
and existing companies with
resources and partners to
attract workers and expand their
products and services creates an
environment of support.
