The Triple Bottom Line tool is designed to help optimize the impact of economic development investments on economic vitality, natural resource stewardship, and community well-being. It is designed to serve investors, economic development professionals, and decision-makers in the private, public, and non-profit sectors.
It has a number of potential applications:
• As a design tool, you can consider how to optimize your project impact and winnow, compare, or rank projects
• As a communication tool, you can describe how an investment aligns with community priorities
• As an educational tool, the documentation and case illustrations can build understanding about economic development processes and impacts
Economic development organizations, practitioners, policy makers, and other stakeholders are encouraged to watch to learn how this tool can be useful in planning and decision-making processes.
The webinar was co-hosted by the National Association of Development Organizations (NADO) and the Economic Development Administration (EDA). It is part of a series that will occur in 2013. A previous webinar featured the U.S. Cluster Map and Registry. Future webinars will address other EDA-funded data tools, including Stats America, Regional Innovation Accelerator Network (RIAN), and more. The NADO Research Foundation is coordinating the webinars as part of its Know Your Region program which is funded through an agreement with the U.S. Economic Development Administration (#99-06-07548).
Please contact NADO Deputy Executive Director Laurie Thompson at firstname.lastname@example.org if you have any questions about this webinar, or the series in general.