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Mission
The Foundation's mission is to serve in an advisory role to the Governor and the Department of Commerce by:
- Developing a strategic plan for economic development in the state, including the development of value-added agriculture. The Foundation completed its first strategic plan in September 2002 and is now taking steps to implement the plan.
- Establishing accountability measures and benchmarks to evaluate the state's economic development.
- Monitoring tourism and economic development activities and initiatives of the Department of Commerce.
- Recommending state and federal legislation relating to strengthening the state's economy and increasing the state's population.
- Monitoring state and federal legislation and initiatives that may impact the state's economy and population.
- Serving as a source of expertise for developing public and private initiatives to strengthen the state's economy and increase the state's population.
Vision
With respect for North Dakota values and quality of life, the North Dakota Economic Development Foundation will be a catalyst in creating quality employment opportunities making North Dakota a competitive partner in the global economy.
Goals
- Create quality jobs to retain North Dakota's current workforce and attract new high-skilled labor.
- Accelerate job growth in diversified industry targets to provide opportunities for the state's long-term economic future.
- Strengthen North Dakota's business climate to increase global competitiveness.
- Create a strong marketing image to build on the state's numerous strengths, including workforce, education and quality of life.
- Strengthen linkages between the state's higher education system, economic development organizations and private businesses.
- Develop a unified front for economic development based on collaboration, accountability and trust.
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