Economic Development Purpose
In today’s market, both community and economic development are equally important as it relates to community revitalization. This is especially true of the neighborhoods LINC has traditionally served, including Southtown, a targeted geographic area in the southeast side of the city of Grand Rapids.
Because LINC views neighborhoods as systems, we look at the various elements that make a community. This systemic approach to neighborhood revitalization has taught us to create sustainable communities that build upon their potentials and opportunities in order to succeed. Therefore, the purpose of Economic Development is to develop the entrepreneurial spirit of our community, boost business ideas and expand the business base of our communities, thus creating viable businesses that strengthen the fabric of our neighborhoods. Businesses play a lead role in promoting healthy commercial districts, but they also need support and tools to expand and grow. Through the development of the Business Incubator, LINC has taken on the task of helping create a supportive business environment to help meet those goals.