The SEDC’s purpose is to help the city develop as a premier Texas community that promotes a family atmosphere, is sustained by foresight and innovation, and continues a long-standing commitment to economic prosperity and workforce opportunities. The SEDC’s activities in economic development are designed to increase the level of private capital investment and expand the number of job opportunities in order to develop the resource engine that will allow the City of Schertz to achieve that goal.
Economic Development is any “activity designed to enhance the factors of productive capacity- land, labor, capital, and technology- of a national, state, regional, or local economy” (U.S. Department of Commerce). The role of an economic developer is to influence this process for the benefit of the community through expanding job opportunities and the tax base.
Economic development usually takes three forms:
- Business attraction
- Business retention and expansion
- Business creation
All three forms of economic development aim to create new primary jobs that pay more than the prevailing wage, increase the amount of income coming into the community from outside its market area, and create greater capital investment in the community. The strategy is to achieve this in a number of diversified industries.
With this mission and purpose, SEDC has developed and adopted a strategic plan to act as a guide in the development of a globally competitive local economy.
Read our Strategic Plan
