What makes LED successful?

Having a LED strategy in place is not an end in itself. Coming up with a LED strategy provides a great opportunity to understand the underlying economic dynamics of your locality. It can contribute significantly to inducing and steering economic development and making a real difference through the creation of jobs and improvements to the quality of life for everyone.

In this section we have considered the question: What makes a good LED strategy?

The following seven points can assist you in preparing/assessing your LED strategy:

  1. Know thy economy!
  2. Unique solutions for unique problems!
  3. Facilitate participation and strong partnerships!
  4. Be clear on responsibilities!
  5. Be strategic in choosing your projects!
  6. Stick to your implementation plan!
  7. Have a budget allocated for your key LED projects!