What is Economic Development?
Economic Development creates the conditions for economic growth and improved quality of life by expanding the capacity of individuals, firms, and communities to maximize the use of their talents and skills to support innovation, lower transaction costs, and responsibly produce and trade valuable goods and services.
Economic Development requires effective, collaborative institutions focused on advancing mutual gain for the public and the private sector. Economic Development is essential to ensuring our economic future.
What is the City's Role?
The City of Newburgh provides assistance to businesses and individuals through the adminstration of grant funding; the management of vacant and distressed properties; the coordination of Land Use planning and development projects; and the corrdination of private and not-for-profit actors, all for the goal of increasing the conditions for economic and job growth in the City of Newburgh.