LED Toolkit

LED Toolkit Volume 1, Getting Started: Prepare and Plan offers useful information, case studies, and LED tools to local government officials and other professionals who are interested in the areas of business support, job creation, and improving the economic situation of their communities.

This volume has three main sections:

  1. Introduction to LED - this section introduces the reader to local economic development, the principles that define it, why LED is important, and the role of local economic development in Ukraine today.
  2. Preparation – this section is about important elements of the LED preparatory process:
    1. the creation of a professional team as a driving force for the process,
    2. creation of an inventory of community-owned immovable property with the idea of converting it into a LED resource, and
    3. the creation of a business-friendly environment.
  3. Economic Development And Strategic Planning - this section describes in detail how the economic development strategic planning process works under the “eight-step” methodology. While there is no one universally accepted method of strategic planning for communities, the analytical and decision-making steps described below are within the mainstream of current thought on the subject. An “eight-step” methodologydeveloped by international consultants has been applied successfully in United States and Europe.

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