York County Encourages Homegrown Businesses
Monday, June 11, 2018
In York County, business recruitment is a common, traditional approach used to spur economic growth. While it’s true that the right company can bring in hundreds of jobs and have a dramatic impact on a region, in our global economy this process of courting companies has become more competitive than ever. This makes it important to also support homegrown businesses.
York County Development Corporation supports local business growth
In recent years, we have been using a wider array of tactics to encourage growth. Business recruitment is still an objective. But it’s not the only one. Instead of always looking outward for growth opportunities, the idea is to look inward. There is powerful business potential located within our community. It’s just a matter of taking the right steps to empower entrepreneurs.
York County Development Corporation (YCDC) is using a more comprehensive approach to facilitate economic development. Because new and existing businesses can thrive if given the right tools and resources, we consult with area businesses and have programs to assist with aspects such as business planning, workforce development, and site selection.
Local businesses make more than an economic impact
While traditional measures of economic development such as dollar amount invested and total jobs created are still relevant, some long term measures of building a community from the ground level are more qualitative than quantitative in nature.
Encouraging entrepreneurs at the local level can have ripple effects not just on the economy but on the community as a whole. Studies have shown that independently owned, local businesses return more money to the communities in which they operate.
In addition, entrepreneurs that choose to live in a community are a wonderful resource. They can be called upon for leadership and mentoring. Since they’re connected with the community, they’re likely to support it in other ways, such as through volunteerism and philanthropic gestures.
Homegrown entrepreneurs are also a great source of community pride. Seeing one person’s success as a business owner can help inspire others and spark innovation.
Let us help you
If you are interested in starting a business in York County, reach out. The YCDC team is here to assist you and to connect you with local and state resources. For help, call 402-362-3333.