Economic Development 101
These local establishments create jobs, provide services, and keep money circulating in a community.
What are small businesses?
This term describes the network that moves a product from raw materials to the final customer.
What is a supply chain?
Getting land, utilities, zoning, and access in place so a business can develop quickly is called this.
What is site readiness?
Cleaning up and redeveloping a brownfield can return vacant property to productive use and increase this source of local government revenue.
What is the tax base?
The name Siskiyou is the Cree word for what animal?
What is a horse?
This term describes the roads, utilities, broadband, water, and other systems needed for businesses and communities to grow.
What is infrastructure?
A group of related businesses, suppliers, and supporting organizations concentrated in one region is known as this.
What is an industry cluster?
Money used to build or improve long-term assets like roads, buildings, and utilities is known as this type of investment.
What is capital investment?
This strategy focuses on helping promising local companies grow rather than relying primarily on recruiting outside businesses.
What is economic gardening?
This Siskiyou County town was once known as “Murderer’s Bar”
What is Happy Camp?
Helping an existing local company stay, grow, and add jobs is commonly called this type of economic-development strategy.
What is business retention and expansion?
This planning tool examines strengths, weaknesses, opportunities, and threats.
What is a SWOT analysis?
When public funding helps pay for infrastructure that makes a private development project possible, it is often called this type of investment.
What is public-private investment or a public-private partnership?
A vacant downtown storefront getting a new tenant is an example of this kind of community improvement.
What is revitalization?
In 1930, this spiritual figure reportedly revealed himself to mining engineer Guy Ballard on Mt. Shasta, leading to the founding of the I AM movement
Who is Saint Germain?
When visitors spend money on lodging, food, shopping, and recreation, they contribute to this important local industry.
What is tourism?
When money spent at one local business leads to additional spending throughout the community, economists call this the economic this.
What is the multiplier effect?
Grants, tax credits, loans, and other financial assistance may be used as these economic development tools.
What are incentives?
This term describes a property where redevelopment may be complicated by the presence or possible presence of contamination.
What is a brownfield?
Before she became a nationally famous actress and entertainer, this Gold Rush–era Yreka performer was known as the “California Nightingale” and entertained miners throughout the region.
Who was Lotta Crabtree?
This term refers to preparing workers with the skills employers need now and in the future.
What is workforce development?
This term describes the ability of a community or region to attract, support, and retain businesses compared with other locations.
What is economic competitiveness?
A business looking for the best community or property for a new facility is engaged in this process.
What is site selection?
This type of assessment generally involves reviewing a property's history and records before physical sampling occurs.
What is a Phase I Environmental Site Assessment?
In 1991, a train derailment near Dunsmuir sent 19,000 gallons of this toxic agricultural chemical into the Sacramento River, killing aquatic life for more than 20 miles.
What is metam sodium?