NASHVILLE – Tennessee Department of Economic and Community Development Commissioner Bill Hagerty announced today that Hickman County has achieved certification under the state’s Three-Star program for excellence in economic development.
“Our goal is to create a business friendly climate that gives companies the confidence to invest and expand in Tennessee,” Hagerty said. “Solid community development is a crucial aspect in this process by providing the foundation needed for successful economic development.”
Hickman County is now eligible to receive additional incentives under the guidelines of the Tennessee Three-Star program.
In order to receive the certification, communities are required to meet criteria in planning, leadership, community, business and education and workforce development categories. Incentives for receiving the certification include identification on all FastTrack infrastructure and job training applications; eligibility for matching grants, if criteria set by ECD are met; earning points in the Community Development Block Grant (CDBG) program; assistance from ECD’s regional field staff and the sharing of “best practices” in community development; and the establishment of a strategic plan that is updated annually with measurable goals, specific actions, responsible parties and a timeline.
Beginning in 1980, the Three-Star program has now grown to 89 city and county programs certified. Hickman County Economic & Community Development Association, Inc. led and managed Hickman County’s Three-Star certification process as part of its efforts to leverage its limited resources to support sustainable job creation and capital investment.