The Opportunity

Pennsylvania boasts dynamic global and local businesses, world-class academic institutions, a robust workforce, and thriving communities. It has distinct economic regions from rural to urban, two dominant metropolitan areas, and incredible natural assets. Yet its economic performance lags that of other states. Public and private sector leaders in Pennsylvania are eager to realize the Commonwealth’s full potential, to strengthen economic outcomes in the short- and long-term, to build economic momentum, and to establish Pennsylvania as a bold, innovative, global leader in economic development.

Governor Josh Shapiro has clearly identified Pennsylvania’s economic development and competitiveness as key priorities for his administration, and this emphasis will set a compelling course for Pennsylvania’s economic future. Working together in public-private partnership, Team PA is uniquely positioned to develop and then advance a long-term roadmap for innovation, economic growth and opportunity, in partnership with the Commonwealth, and through the engagement of the many stakeholders at a local, county and regional level involved in strengthening communities throughout Pennsylvania. Read the press release in which the governor announced this partnership and kicked off the process.

The Plan

Pennsylvania’s first Economic Development Strategy in nearly two decades has been completed!

The goals are clear – to make Pennsylvania a premier state to do business, outcompete other states, and build a stronger Commonwealth that works for all the residents, workers, businesses, and entrepreneurs that call Pennsylvania home.

This document is the blueprint to ensure Pennsylvania:

  • Invests in our economic growth to compete;
  • Makes government work at the speed of business;
  • Opens doors of opportunity for all Pennsylvanians;
  • Innovates to win; and
  • Builds vibrant and resilient regions.

Developed in coordination with government partners, the private sector, the economic development community, organized labor, higher education, local governments, and the nonprofit sector, this strategy lays out concrete strategic initiatives to uplift the economy and communities in every part of our Commonwealth.

Economic Development Strategy Plan

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