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economic development prospect:

a person or operating entity offering a potential development opportunity for a locale based on one or more benefits which are projected to be worthwhile. Benefits typically deemed to be worthwhile in places where people live, work, and share things in common (source of quote) are reviewable as operative words and phrases extracted from listings in a collection of definitions of economic development.

Worthwhile economic development prospects are produced through the enterprise development process. Site selection, for example, is a sub-process of enterprise development. And, the site selection prospect is highly regarded by economic developers. Witness the fact that the over 1,200 data elements organized into 25 spreadsheets (source of quote) available online for locations seeking economic development to refer to are Site Selection Data Standards. The Network mission is introduced using the expression enterprise and economic development.

related: economic development project; location data; location data element

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Economic Development Services, Inc. / copyrights and all rights reserved / 12/18/2012