Ever wonder how your neighborhood gets revitalized or where those new local jobs come from? It's not magic. Much of that comes down to thoughtful economic development in Washington state. Right here in Thurston County, the Thurston Economic Development Council (EDC) plays a pivotal role — working behind the scenes to create thriving communities, foster local business growth, and enhance your daily life.
In this article, you'll discover exactly what economic development means, how it positively impacts your everyday experience, and why the efforts of organizations like Thurston EDC are essential for community prosperity.
What Is Economic Development (and Why Should You Care)?
Economic development refers to efforts aimed at improving the economic health and quality of life of a region. It involves attracting and retaining businesses, creating jobs, enhancing infrastructure, and ensuring communities have the resources they need to flourish.
An Economic Development Council, like Thurston EDC, is specifically tasked with facilitating these improvements. They collaborate with businesses, government entities, educational institutions, and residents to craft strategies tailored to local strengths and needs.
In Washington state, economic development is structured to leverage regional uniqueness and collaboration. Thurston County, home to Olympia and several vibrant towns, has a distinctive mix of agriculture, technology, and creative industries. This diverse economic base gives Thurston EDC a unique role in nurturing growth that's both sustainable and inclusive, aligning regional initiatives with broader state economic objectives.
Key Impacts of Economic Development in Washington State (with Thurston Examples)
Job Creation & Business Retention
A primary benefit of economic development initiatives is job creation and business retention. Organizations like Thurston EDC attract new employers while helping existing businesses thrive. For example, the Agriculture Innovation Park promotes agricultural technology innovations, while programs like the APEX Accelerator have helped local businesses secure substantial government contracts, safeguarding and creating local jobs.
Infrastructure that Supports Your Life
Economic development shapes the infrastructure you rely on daily, including roads, broadband internet, industrial spaces, and community amenities. In Thurston County, focused efforts have led to enhanced broadband access and thoughtfully developed industrial parks. This ensures businesses and residents have the foundational tools essential for economic success and quality living.
Local Talent & Youth Futures
Supporting and preparing the next generation workforce is integral to sustainable economic development. Thurston EDC partners closely with local schools, colleges, and workforce development initiatives. These collaborations create pathways for young residents into high-demand careers, helping ensure Thurston County's economy has skilled talent for the future.
Stronger Small Businesses Equal Stronger Communities
Small businesses form the backbone of thriving communities, and economic development directly supports their success. Through programs like STEDI and Washington Center for Women in Business, the EDC offers coaching, workshops, and startup guidance to help local businesses grow — especially in rural and underrepresented communities.
How Thurston EDC Activates Economic Development Locally
Thurston EDC serves as the critical bridge connecting statewide economic strategies to tangible local actions. By closely collaborating with government entities, businesses, education partners, and community stakeholders, Thurston EDC ensures that state-level economic priorities become impactful local initiatives.
For instance, Thurston EDC prioritizes clean technology and sustainability. It facilitates the adoption of green practices by helping local businesses secure grants and resources to improve energy efficiency and reduce environmental impact. This initiative not only supports Washington State's ambitious climate goals but directly benefits local communities by promoting cleaner air, reducing waste, and generating new green jobs.
Another critical area of focus is workforce equity and inclusion. Thurston EDC spearheads programs that remove barriers to employment for historically underserved groups. Through dedicated initiatives like training workshops, mentorship opportunities, and targeted recruitment programs, Thurston EDC actively promotes diversity, equity, and inclusion in the local workforce. By fostering inclusive economic participation, it ensures that economic prosperity reaches every corner of Thurston County.
Thurston EDC is also deeply involved in rural development, recognizing that rural communities require tailored economic strategies. By addressing unique challenges such as limited broadband access, infrastructure constraints, and the need for specialized support to rural entrepreneurs, Thurston EDC helps stimulate rural economic activity and resilience. Programs designed specifically to enhance rural business capabilities, infrastructure investments, and tailored business coaching directly enhance rural prosperity.
Additionally, Thurston EDC facilitates substantial local economic impacts through strategic procurement support. Since 2021 alone, Thurston EDC has successfully supported over $12 million in local contracts, significantly boosting economic circulation within Thurston County. By assisting local businesses in navigating complex procurement processes, especially in securing government contracts, Thurston EDC not only retains wealth within the community but also enables local businesses to scale and thrive. Want to see how all these efforts connect? Download the latest Thurston EDC Impact Report.
By consistently aligning local initiatives with broader state economic goals, Thurston EDC ensures economic development is coherent, impactful, and tailored specifically to the distinct characteristics and needs of Thurston County communities.
Why Local Economic Development Matters in 2025 and Beyond
In an era marked by post-pandemic recovery, equitable growth, and sustainability, local economic development in Washington state is more crucial than ever. Decisions on funding, planning, and resource allocation significantly impact daily life, from jobs and housing to education and environmental health. Thurston EDC prioritizes inclusive economic strategies, aiming for resilience against future economic shifts, supporting rural development, and addressing critical climate actions. This forward-looking approach ensures Thurston County remains vibrant and sustainable for current and future generations.
Get Involved: How to Support or Benefit from Economic Development in Thurston County
You play a crucial role in local economic development. Whether you're a resident, business owner, or community stakeholder, there are multiple ways to get involved:
- Attend local roundtables, public forums, or an event to stay informed and offer input.
- Subscribe to Thurston EDC updates to keep abreast of local initiatives and opportunities.
- Share this information with your community or schedule a consultation with Thurston EDC to explore direct benefits and support mechanisms available to you.
Conclusion
Economic development in Washington state touches nearly every aspect of your daily life, from the quality of local infrastructure and employment opportunities to the strength and vibrancy of your community. Thurston EDC plays an essential role in translating economic initiatives into practical, tangible benefits for everyone living and working in Thurston County.
Whether it's helping small businesses grow, supporting new infrastructure projects, or preparing the next generation workforce, the impact is evident everywhere you look. Ultimately, thriving economic development means a more prosperous, resilient, and sustainable future for your community.
Ready to explore how economic development in Washington state can benefit you personally or professionally? Connect with Thurston EDC today and become an active participant in shaping your community's future.