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What is HomeTown Competitiveness?

Last Updated: December 15, 2011

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HomeTown Competitiveness (HTC) is a comprehensive approach to long-term rural community sustainability. This approach goes beyond the traditional “tunnel vision” scope of many economic developers—namely, industrial recruitment. HTC helps the community focus on four interrelated strategies that depend on each other for ultimate success. The first and most important strategy is to build a skilled and increasingly inclusive leadership group with the capacity to improve and sustain the community. The second strategy targets factors that are needed to engage and attract youth and young families. The third strategy concerns acting to capture a portion of the wealth that will be transferred between generations. Finally, the fourth strategy uses the transferred wealth to energize and support entrepreneurs in building local businesses and creating jobs. The National Center for Rural Entrepreneurship has more information on this program at Entrepreneurial Community of the Month.

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