The EDC works with the state and local government to facilitate economic development efforts and promote the economic growth and vitality of Mason County. Understanding that every aspect of government must work together with private business and community organizations, we take a team approach to economic development that is both productive and collaborative.
Working Together to Grow Mason County
Successful economic development activities are carried out through partnerships with other governments, associate development organizations, and local business groups such as the chamber of commerce. Economic development is better described than defined. In a presentation to an association, a former director described economic development as job creation, job retention, job training programs, public and private capital investments, and business and community capacity-building to allow the business or community to do the job themselves.
The term economic development is not statutorily defined, although various statutes describe its goals and broad scope while providing authority for certain economic activities. For example, when setting up the state's Economic Development Tax Authority, the legislature stated that economic development is essential to the health, safety, and welfare of all Washington citizens by broadening and strengthening state and local tax bases, by providing meaningful employment opportunities and thereby enhancing the quality of life. A great example of public/private partnership opportunity is the Community Economic Revitalization Board (CERB) – they foster economic development through the stimulation of investment and job opportunities and the retention of sustainable existing employment for the general welfare of the inhabitants of the state.
The EDC Helps Local Businesses to Secure Government Contracts
The EDC furthers local economic development by helping Mason County businesses learn how to submit for government contracts, while increasing the likelihood that they will receive them. Our consulting services are free and a valuable tool for businesses looking to grow.
The Washington State Procurement Technical Assistance Center (PTAC) works to give businesses the opportunity to thrive in the government-contracting marketplace. Washington PTAC’s mission is to increase the number of government contracts awarded to Washington firms so that those firms can grow. We provide no cost, confidential, one-on-one technical assistance in all aspects of selling to federal, state, and local governments. PTAC advises businesses on bid reviews, marketing assistance, contract performance, small business designations, and more. PTAC hosts procurement training classes and seminars, and helps businesses register with the correct databases in order to compete for government contracts.
With the help of PTAC, Washington State companies have been awarded more than $440 million in government contracts since 2009.