Phoenix, AZ
Day 2 was more calculations and learning to put a project on a spreadsheet and decide if it was a valid project and worth the time it would take to close the deal.
What did I learn? Economic development, at least at the City level, will always possess an inherent level of risk. The deals that come our way will be the deals that don't qualify for traditional bank loans or who don't have the personal capital to invest in a business. So, although it's important to understand the investments on the table and it's good to know the terms of an offer, a lot of the opportunities that come to the City will always be risky.
This course has been very informative, and so far, I've learned a ton about the financial side of economic development.
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