Building the next economy from the ground up: Metropolitan Business Plans in U.S. Regions

January 6th, 2014

The Metropolitan Business Plans (MBPs) help metro and state leaders adapt the discipline of private-sector business planning to the task of revitalizing regional development.

Such planning provides a framework through which regional business, civic, and government leaders can rigorously analyze the market position of their region; identify strategies by which to capitalize on their unique assets; specify catalytic products, policies and interventions; and establish detailed operational and financial plans. These plans can then, in turn, be used to restructure federal, state and philanthropic engagement in ways that invert the current top-down, highly siloed and often ineffective approach to cities and metropolitan areas while bringing new efficiency to development activity.

http://www.brookings.edu/about/projects/state-metro-innovation/mbp

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