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July 18, 2001

FIU's "Economic Development Implementation Plan for Miami Dade County" Recommends Significant Reforms

FIU's Metropolitant Center recently released a "Economic Development Implementation Plan for Miami Dade County" that is very comprehensive and has won the backing of the Mayor's office and the County Manager. The plan hopes to evaluate current economic development delivery systems in the County and identify/asses impediments to economic development, with particular focus on African American neighborhoods. The plan then seeks to present economic development strategies that would benefit the focus areas and County government. Key impediments in Miami Dade included:
The study then goes on to make a series of recommendations under the following four broad categories:

1) Creating a Local Entrepreneurial Environment
2) Developing Community Collaboration and Capacity-building

3) Instituting a Comprehensive Economic Development Plan and a Coordinated/Integrated Economic Development Delivery System

4) Building Local Public/Private Lending Capacity