Strategic Plan

At its August 2022 meeting, the EDC Board adopted a new 3-year Strategic Plan. A key driver of the plan is recognizing EDC’s strengths and unique competencies around business retention and expansion as well as economic development financing. The plan builds off the growth of EDC during its prior strategic plan, underscoring the importance of economic analytics and recognizing EDC’s project management, collaboration and communication capabilities.

As EDC shifts into operationalizing the plan, expect to see an even greater focus on business outreach and on new tools and products to support business growth.

Vision

The Economic Development Company of Lancaster County serves as the recognized leader in advancing the economic health of Lancaster County.

Mission

Enhancing the economic well-being of Lancaster County by bringing together business, capital, and government resources for data-driven, selective, and sustainable growth.

Core Strategies

» Expand business retention and expansion efforts
» Grow economic development project financing resources, tools, and expertise
» Lead effective responses to distinct local/regional economic opportunities or challenges
» Integrate thoughtful analytics

 

EDC Strategic Plan 2022-2025: Core Strategies