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LOCAL GOVERNMENT SPRING WORKSHOP Presented by Thursday, March 31, 2016, from 8:00am to 3:00pm Bummer Telecommunications Center Hudson Valley Community College, Troy 8:00am 8:30amREGISTRATION PLENARY
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Start by gathering relevant data and information about your community's current economic situation.
02
Identify the key goals and objectives of your economic development strategic plan.
03
Create a timeline and action plan for implementing the strategic plan.
04
Engage stakeholders and community members in the planning process to ensure their input and buy-in.
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Develop strategies and initiatives to attract new businesses and industries to your community.
06
Determine the resources and funding needed to implement the plan.
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Monitor and evaluate the progress of the strategic plan regularly and make adjustments as needed.

Who needs economic development strategic plan?

01
Local governments and municipalities who want to promote economic growth and development in their communities.
02
Economic development organizations and agencies tasked with fostering business growth and job creation.
03
Small business owners and entrepreneurs looking for guidance and support in growing their businesses.
04
Community leaders and organizations working towards revitalization and improvement of a particular area.
05
Investors and developers interested in identifying potential opportunities for investment and development.
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An economic development strategic plan is a roadmap that outlines goals and priorities for promoting economic growth and development in a specific region.
Local governments, economic development organizations, or other relevant entities are typically required to file an economic development strategic plan.
To fill out an economic development strategic plan, organizations need to collect data, set goals, develop strategies, and create an actionable timeline.
The purpose of an economic development strategic plan is to provide a roadmap for economic growth, attract investment, create jobs, and improve the overall prosperity of a region.
Information such as economic trends, industry analysis, workforce development strategies, infrastructure projects, and funding sources must be reported on an economic development strategic plan.
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