City Council February 21, 2012 CED Strategic Plan

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City Council February 21, 2012 CED Strategic Plan

  1. 1. Strategic Plan for Economic DevelopmentPresentation of Action Plan and Implementation Matrix by AngelouEconomics
  2. 2. Economic Development Strategic Plan• Long-expressed goals and needs • Target industries--Chamber • Define roles among economic development partners • 3rd party analysis of strengths/weaknesses/opp’s. • Create business retention, expansion program (BREP)• City Council approved contract with Angelou Economics July 19, 2011, work began in August• Angelou Economics has met all requirements of the contract
  3. 3. Strategic Plan Contract Components• Phase I – Stakeholder Engagement • Steering Committee; 4 Focus Groups; Individual/Small Group Stakeholder Meetings; Community Tours • Deliverable: Business and Resident Surveys• Phase II – Market Assessment • Market Assessment Report • Project Website: www.AdvanceSanAngelo.com• Phase III – Target Industry Study Report • Target Market Niches and Recommendations• Phase IV – Action Plan, Implementation Matrix, and Evaluation Criteria
  4. 4. Community & Eco. Dev. Partner Involvement • Presented to Steering Committee December 2011 • Approved by Chamber, DSA, and Workforce boards • Approved by COSADC January 25, 2012 • Steering Committee will work with COSADC staff and economic partners to identify priorities and implement recommendations • Chamber will use recommendations to develop new marketing plan • All final documents at www.AdvanceSanAngelo.com

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