The Economic Development Cluster of the Federal Historically Black Colleges and Universities (HBCU) Interagency Working Group launched the HBCU Economic Development Profiles Tool. This tool can provide insight into how universities and colleges can work with regional economic development ecosystems to successfully serve as a means to engage community leaders, leverage the involvement of the private sector, and establish a strategic blueprint for regional collaboration.
The Economic Development Cluster’s federal partners provide a broad overview of how HBCUs can engage in their regions as a participant in the economic development ecosystem. This includes leveraging HBCUs economic assets in the local cluster and the regional comprehensive economic development strategies with local economic development organizations. HBCU assets are critical for equitable regional development.
The Economic Development Cluster is supported by a collaboration between the U.S. Department of Housing and Urban Development, Federal Deposit Insurance Corporation, U.S. Department of Commerce, U.S. Department of Energy, U.S. Department of Agriculture, and the U.S. Department of Treasury.
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