Economic Development Plan Services

The vendor is required to provide economic development strategy to advise future economic growth, priorities, and investment in county.
- The five-year economic development strategy must:
•    Look at all aspects of economic development in the county. 
•    Major contributors to the economic health of county are agriculture, associated agricultural businesses, tourism, retail, and manufacturing. 
•    All must be assessed to develop a comprehensive economic development strategy. 
•    Use a process that draws on both quantitative and qualitative data to inform strategies. 
•    Use a process that prioritizes broad and inclusive stakeholder outreach including multiple public meetings. 
•    Use a process that engages county departments and local organizations or programs that contribute to county’s economic well-being. 
•    Set a vision and mission for economic development in county that can be communicated to a variety of audiences.
•    Identify the barriers to economic development in the county, offer solutions, and estimate costs to eliminate or mitigate the barriers. 
•    Identify areas of growth opportunities related to infrastructure needs and strategies to expand “shovel-ready” site inventory. 
•    Identify what improvements need to be made and in what areas of the county to maximize economic development. include estimated costs. 
•    Include the county’s railroad network and infrastructure as well as the role and potential of the finger lakes regional airport in city falls. 
•    Review and understand the local workforce development assets and programs and recommend an organizational framework for workforce development in county. 
•    Address both the economic development challenges and opportunities of the city meadows landfill 
•    Include an implementation plan that aligns, organizes, prioritizes, and sequences economic development efforts in a series of short-term and medium-term strategies. 
•    Estimated costs for program implementation and tracking should be included. 
•    Longer-term strategies beyond the five-year implementation period should be included for future consideration or opportunity. 
•    Identify what strategies are to be implemented by county staff, county staff and departments, the county chamber of commerce, other departments, or external partners. 
•    Define key performance indicators (KPI’s) for the plan’s implementation.
1. Data analysis
•    Industry cluster analysis
•    Economic diversity and occupational diversity
•    Employment growth by business sector and industry
•    Commercial real estate analysis
•    Small business and entrepreneurship analysis
•    Infrastructure needs
•    Barriers to development
•    Workforce analysis
•    Analysis that focuses on county’s economic competitiveness, business climate, state, and regional reputation 
•    Affordability and income inequality analysis
2. Stakeholder engagement
•    Engagement plan with methodology and approach
•    List of stakeholders, organizations, and contact information.
•    Presentation materials for meetings with stakeholders
•    Summary of interview findings
•    Interview summary notes.
•    Survey results and analysis
•    Community engagement analysis and findings
3. Economic development strategy analysis
•    Develop a customized suite of potential strategies (short, mid, and long-term) for county that address all sectors involved with economic development. 
•    Evaluate outcomes and risks associated with each strategy. 
•    Estimate magnitudes of cost to implement and manage each strategy. 
•    Based on what is learned about how county functions and the capabilities of its departments and partner organizations, determine and recommend who is best to implement the strategies. 
•    Strategic areas for development and analysis should include:
o    Business attraction and competitiveness
o    Business retention and expansion
o    Entrepreneurship and small business support
o    Workforce development
o    Industry cluster development
o    Housing stock necessary for economic growth
•    Identify key performance indicators or measures of success for each implementation goal.
4. Final economic development strategic action plan
•    Final report document 
•    Slide deck and supporting digital assets from all presentations made to the county, and other community stakeholders.

- Questions/Inquires Deadline: September 26, 2025