Washington Business Journal, June 6, 2012
D.C. Mayor Vincent Gray launched a plan Wednesday to enlist the help of local universities to craft a new economic development strategy for the District aimed at targeting industries and programs that will help drive growth and create jobs in the city.
In a kick-off announcement held at the Carnegie Library building, Gray said his 5-year plan aims to look beyond one-off projects and find ways of embracing the District’s business community as a whole. The plan is expected to cost about $400,000 and to be completed by late August. Gray plans to release the report to the public in September.
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Deans of the business schools at American, George Washington, Georgetown and Howard universities have pledged their support and that of their students to help the District craft a new strategy. In detailing the strategy, Deputy Mayor Victor Hoskins said it is essential that private businesses help to drive the economic development strategy...
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