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Durham Strategic Plan Dashboard

Shared Economic
Prosperity

Create a Safer Community Together

Connected, Engaged, and Inclusive Communities

Innovative and High Performing Organization

Thriving and Vibrant Environment

Shared Economic Prosperity

Maintain and grow a strong, equitable and diverse economy through a variety of businesses, industries, and employment opportunities to benefit all Durham residents and communities.

To tell the story of this goal, we have shown data to set the stage and provide context followed by the objectives of this goal with their corresponding initiatives.

Why this Matters:

Working across the City – with educational institutions, individuals, and business, the Office of Economic and Workforce Development is stiving to build and maintain a workforce that helps the economy and residents of Durham thrive.  A higher median household income and median hourly wage and a lower unemployment rate are key indicators of shared economic prosperity within a community. These factors not only reflect economic well-being and stability but also contribute to creating an environment where opportunities, resources, and benefits are more widely accessible among community members, fostering a more equitable and thriving society. In simple terms, when the average family makes more money and more people have jobs in a community, it means everyone is generally better off. It helps families live better lives and creates a stronger, happier community for everyone.

Status Indicator: In Progress | On Hold | Complete/Ongoing

Objective: 1.1 Provide Tools and Resources to Promote Small Businesses and Local Entrepreneurs

Initiative: 1.11 Enhance the entrepreneurial network by connecting businesses to funding opportunities and providing training and technical assistance

Microbusiness Graduation
Click here to learn more about it.

Initiative: 1.12 Leverage space-related economic development opportunities 


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Objective: 1.1 Provide Tools and Resources to Promote Small Businesses and Local Entrepreneurs

Initiative: 1.11 Enhance the entrepreneurial network by connecting businesses to funding opportunities and providing training and technical assistance

Microbusiness Graduation
Click here to learn more about it.

Initiative: 1.12 Leverage space-related economic development opportunities 


Click here to learn more about it.

Objective: 1.2 Build a Talented, Competitive Workforce

Initiative: 1.21 Collaborate with educational and training institutions to equip current residents for high-growth industries

TBD
Click here to learn more about it.

Initiative: 1.22 Develop a better outreach/awareness plan to educate the community on NC Works programs/offerings

Use of One-Stop Resource Room/Equipment
Click here to learn more about it.

Initiative: 1.23 Expand the Youth Works Program to better align youth talent pipeline to business needs

Youth Works Participants
Click here to learn more about it.

Objective: 1.2 Build a Talented, Competitive Workforce

Initiative: 1.21 Collaborate with educational and training institutions to equip current residents for high-growth industries

TBD
Click here to learn more about it.

Initiative: 1.22 Develop a better outreach/awareness plan to educate the community on NC Works programs/offerings

Use of One-Stop Resource Room/Equipment
Click here to learn more about it.

Initiative: 1.23 Expand the Youth Works Program to better align youth talent pipeline to business needs

Youth Works Participants
Click here to learn more about it.

Objective: 1.3 Partner with business leaders to build a pathway to quality jobs

Initiative: 1.31 Develop, pilot and expand employment opportunities through a Good Jobs and Equity program


Click here to learn more about it.

Initiative: 1.32 Expand employment opportunities for individuals facing barriers to employment

NC Training 2 Work Program
Click here to learn more about it.

Objective: 1.3 Partner with business leaders to build a pathway to quality jobs

Initiative: 1.31 Develop, pilot and expand employment opportunities through a Good Jobs and Equity program


Click here to learn more about it.

Initiative: 1.32 Expand employment opportunities for individuals facing barriers to employment

NC Training 2 Work Program
Click here to learn more about it.

Budget and Management Services Department
Office of Performance and Innovation
Strategy and Performance Division