capital:

. . . anything that can be converted to money in hand as an available resource; accumulated wealth (assets). Wikipedia has an article titled Capital accumulation.

Capital is as a operative word in The Definition of Economic Development Collection. The specific definition of economic development pointing that out states that it's a process of increasing the flow ... of capital through the community and reducing its leakage. Locations seeking enterprise and economic development initiate capital investment projects in order to have an infrastructure ready to accommodate prospects.

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capital investment project:

. . . a time-constrained endeavor funded by capital from one or more stakeholders. Projects are managed undertakings for accomplishing specified goals and objectives.

Stakeholders expect to profit or otherwise gain from whatever is specified, whether they invest in projects or open-ended endeavors. The definition of investment capital or invested capital identifies the total cash investment that stakeholders as owners shareholders and debtholders make.

Two familiar methods of calculating invested capital are the (1) operating approach and (2) financing approach. The following information is from WiseGEEK.com:

Management accounting specialists have come up with two distinct ways in which to calculate how much invested capital a specific business has. Even though they are different, the same overall monetary figure will be found. The first way to formulate a number is by using the operating approach, which states that the invested capital = operating net worth capital + capitalized operating leases + other operating assets + operating intangibles - operating liabilities - cumulative adjustments. The second formula that can be used when calculating the total capital invested is with the financial formula, which states that invested capital = total debt and leases + total equity - non-operating cash and investments (source of quote).

According to Encyclopædia Britannica: Economic development projects have typically involved large capital investments . . . (source of quote). The Network uses the term enterprise and economic development to compare enterprise development and economic development in terms of what both processes mean to communities throughout the world. Enterprise and economic development happen in locations . . . where people live, work, and share things in common (source of quote). Economic development projects, as pointed out by Britannica, are on the community side of the equation. They involve building community wealth as people invest collectively in infrastructure assets that attract enterprise development prospects. Basically, as pointed out in this paragraph, an economic development project is typically a capital investment project.

Suggestions of words and phrases to help you Google the Web for more about capital investment as it relates to enterprise and economic development are provided below (in italics). Copy what interest you as is or mix words and phrases from one suggestion to another.

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