Colleges and Universities as Economic Anchors

Profiles of Promising Practices

Posted January 1, 2005
By Brandies University, Institute for Sustainable Development, POLICYLINK, The Annie E. Casey Foundation
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Aecf Colleges Universityas Econ Achors 2008

Summary

Every college and university serves to some extent as an economic “anchor” in its respective community. They create jobs, support local businesses, partner with government. This report highlights best practices for building community relationships and becoming a trusted anchor in helping revitalize local neighborhoods. Recommendations for implementation and successful town-gown profiles are included. 

Findings & Stats

Statements & Quotations

Key Takeaway

University leadership is the most important component in creating successful and sustainable economic programs.

The economic contributions of higher education happen on a daily basis, whether planned or not. It’s better if they are coordinated and reflective of “best practices” instead of disconnected and ineffectual.