Economic Vitality
THREE YEAR PRIORITIES | 2021-2023 RECOMMENDATIONS |
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1. Support Sustainability and Successful Business Succession (click to view documents) | • Invite 1:1 conversation with individual local business owners about their current and long-term financial sustainability and succession plans.
• Provide information about business planning and technical assistance programs available through regional and state economic development agencies.
• Stay current on the financial vulnerability of local businesses in collaboration with the East Grand Chamber of Commerce. |
2. Invest in Business Opportunities for Young Adults and Encore Entrepreneurs (click to view documents) | • Meet and interview young adults who live in the region to learn about their career aspirations.
• Identify and interview young adults who would like to return to the region about their career aspirations.
• Identify local people who have new small business ideas and link them to resources that can help with start-up operational and financial planning.
• Work collaboratively with downtown Danforth’s plans for building rehabilitation to house new business start-ups.
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3. Increase access to high-speed broadband services. (click to view documents) | • Complete Phase 2 Feasibility planning and RFP process with internet providers.
• Develop a regional business and financing model for infrastructure funding and build-out.
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4. Expand recreational infrastructure to support a four-season tourism market (click to view documents) | • Develop and test destination brand concept.
• Initiate the Water Trails infrastructure development plan beginning with the Baskahegan watershed.
• Initiate the Snowmobile and ATV Trails development plan in collaboration with the 7 clubs in the region.
• Complete a feasibility plan for added water access and vehicle/DIY camping sites in the region.
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