Economic Development Strategic Plan Services

The vendor required to provide economic development strategic plan should balance growth with community values, strengthen fiscal sustainability, promote equitable access to opportunity, and position city to remain competitive, vibrant, and livable over the next decade and beyond.
- Requirement:
1. Project kickoff and review:
•    Meet with city officials and stakeholders to understand the project's scope and expectations.
•    Review existing city plans, policies, and economic data.
2. Economic and demographic analysis:
•    Conduct a detailed analysis of local and regional economic trends.
•    Existing city economic development assets
•    Assess workforce infrastructure, city lifecycle, and market conditions
3. Stakeholder engagement:
•    Host workshops, focus groups, and public meetings
•    Gather input through surveys and interviews
4. Visioning and goal setting:
•    Facilitate sessions to define a shared economic vision
•    Establish strategic priorities and objectives
5. Plan development:
•    Draft and refine the economic development strategic plan
•    Include specific recommendations, timelines, and metrics for success
6. Final presentation and adoption:
•    Present the plan to city leadership and stakeholders
•    Provide support for formal adoption by the city council.