What is Economic Development and Why It Matters in Broken Arrow
At the Broken Arrow Economic Development Corporation (BAEDC), we believe economic development is more than just attracting new businesses. It’s about creating a strong, vibrant community where people want to live, work, and thrive.
But what exactly is economic development? And how does the BAEDC help move Broken Arrow forward?
Defining Economic Development
Economic development refers to strategic efforts that improve a region’s economic well-being and quality of life. It includes job creation, industry growth, infrastructure planning, and workforce support. In Broken Arrow, this work is led by the BAEDC in close collaboration with the City of Broken Arrow.
Together, we’re working to strengthen the local economy not just for today, but for the long term.
The Role of the BAEDC
The BAEDC is a nonprofit public-private partnership focused on attracting investment, supporting local businesses, and expanding economic opportunity throughout the community. Our efforts include:
- Business Recruitment & Retention – From site selection to incentive support, we help companies launch, expand, and stay in Broken Arrow.
- Workforce Development – We collaborate with regional and state partners to connect employers to skilled talent, training programs, and workforce solutions.
- Entrepreneurship & Innovation – Through small business support, resources, and community partnerships, we champion the innovators and risk-takers who fuel local progress.
- Research & Strategic Planning – We provide data-driven insights to help guide decisions for future growth, infrastructure, and investment.
Collaboration with the City of Broken Arrow
While the BAEDC operates independently, our partnership with the City of Broken Arrow is essential to our mission. We work closely with city departments to align development strategies with public planning, infrastructure projects, zoning, and quality-of-life goals.
This partnership ensures that economic growth is coordinated, efficient, and community-focused.
Why Economic Development Matters
Strong economic development means more than a healthy business climate, it means more jobs, better opportunities, improved services, and a higher quality of life for everyone in our city. It’s about creating a community where families feel supported, businesses can flourish, and future generations can succeed.
Join Us in Shaping the Future
Whether you’re a business owner, site selector, investor, or resident, you have a role to play in Broken Arrow’s economic future. Let’s work together to build a resilient, diverse, and prosperous community, right here at home!
