California Economic Development Recovery Strategy: Draft

Executive Summary
The federal government is in the initial stages of implementing a $787 billion economic recovery
plan to provide new funding to states, local governments, schools, businesses, and working
families in an effort to turn the tide in the current economic crisis.  The state must seize this
opportunity by putting forth a comprehensive blueprint to guide the state's economic and
workforce development actions.

While monitory policy is set in Washington D.C., the state can play an important role in facilitating
the smooth and efficient use of federal and state programs to best serve immediate needs of the
businesses, workers, and other individual affected by the recession.  If done well, these monies
can serve as a catalyst for the state's long-term economic future.  

In short, the California Economic Development Recovery Strategy serves as a blueprint for state
economic and workforce development actions over the next 24 months.  This is an initial draft of
the Strategy and it has been put forth as a document to help engage the Legislature and the
public in the important discussion of the future of our communities.  The foundational principles of
the strategy are to:

For complete release please...click here  for the FACT SHEET click on PDF link below.