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Economic Development Master Plan:
Booth bay Region, Maine
(Towns of Booth bay, Booth bay Harbor, Southport and Edge comb)
February 2018Prepared for:
Joint Economic Development Committee (JEDI)
1011
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How to fill out economic development master plan
How to fill out economic development master plan
01
Step 1: Start by establishing a clear goal and vision for the economic development master plan.
02
Step 2: Conduct comprehensive research and analysis of the current economic conditions, strengths, weaknesses, opportunities, and threats.
03
Step 3: Engage with key stakeholders, including government officials, community leaders, business owners, and residents, to gather input and insights.
04
Step 4: Identify strategic priorities and objectives based on the research and stakeholder input.
05
Step 5: Develop specific action plans and implementation strategies to achieve the identified priorities and objectives.
06
Step 6: Determine the necessary resources, including budget, staffing, and technology, needed to support the implementation.
07
Step 7: Create a monitoring and evaluation system to track progress and measure the impact of the economic development master plan.
08
Step 8: Continuously review, update, and adapt the plan as needed to align with changing economic conditions and community needs.
Who needs economic development master plan?
01
Government agencies and policymakers
02
Local communities and municipalities
03
Economic development organizations
04
Business owners and entrepreneurs
05
Investors and financial institutions
06
Non-profit organizations focused on economic growth
07
Academic institutions conducting research in the field of economics
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What is economic development master plan?
The economic development master plan is a detailed strategic blueprint designed to guide development and growth in a specific region or locality.
Who is required to file economic development master plan?
Local governments, municipalities, or economic development agencies are typically required to file an economic development master plan.
How to fill out economic development master plan?
To fill out an economic development master plan, stakeholders must gather relevant data, analyze current economic conditions, and establish goals and strategies for future development.
What is the purpose of economic development master plan?
The purpose of an economic development master plan is to provide a road map for sustainable economic growth, job creation, infrastructure development, and community improvement.
What information must be reported on economic development master plan?
Information such as current economic indicators, demographic data, land use plans, infrastructure needs, and targeted industries may need to be included in an economic development master plan.
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