ECONOMIC DEVELOPMENT SERVICES AGREEMENT BACKGROUNDEconomic Development Services Agreement • June 20th, 2018
Contract Type FiledJune 20th, 2018The Quad Cities First Board of Directors began formal discussions on the potential of combining all three economic development functions under Quad Cities First board oversight in late 2016. When Quad Cities First was created, it was designed to oversee only the regional business attraction and marketing services provided by the Chamber on behalf of the Quad Cities region while business retention, expansion and creation/innovation activities provided by Chamber staff were overseen by the Chamber Board. Today, we know that successful economic development takes a more comprehensive approach that includes business attraction with business expansion/retention activities.