Why Confidentiality is Crucial in Economic Development

This article originally appeared on and was written for Junction City Geary County Economic Development Commission by Golden Shovel Agency.

Confidentiality is more than just a formality in economic development; it is a key ingredient in successfully attracting new businesses to Junction City and Geary County. As much as the JC-GCEDC values transparency, our work often requires us to balance openness with the need to protect sensitive information.

Economic development is a marathon, not a sprint. The attraction process requires trust between the JC-GCEDC and prospective businesses. By respecting confidentiality, we foster strong relationships that ultimately create high-paying jobs, significant capital investments, and a thriving local economy.

Understanding Confidentiality in Economic Development

At the JC-GCEDC, we work diligently to recruit, retain, and expand businesses in our community. However, many aspects of these operations must remain confidential until the time is right. This confidentiality is not about withholding information from the public; it's about ensuring that our community secures the best possible opportunities for growth and prosperity.

Private companies operate under different rules than public entities. They often face competitive pressures, ongoing contract negotiations, and the need to protect proprietary information. When a business expresses interest in relocating or expanding into our area, early disclosure of its plans can create challenges that could potentially mean the loss of potential jobs and economic impact.

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