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STATE OF NORTH CAROLINADEPARTMENT OF TRANSPORTATIONDIVISION PRECONTRACT PROPOSAL SMALL BUSINESS ENTERPRISE WORK ORDER NUMBERS: Various ROUTE: Various COUNTIES: Durham, Franklin, Granville, Person,
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How to fill out economic development strategic five-year

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How to fill out economic development strategic five-year

01
Gather relevant data about the current economic situation in the region.
02
Identify key stakeholders and involve them in the strategic planning process.
03
Set clear and achievable goals for the next five years.
04
Develop strategies and action plans to achieve those goals.
05
Monitor progress regularly and make adjustments as needed.

Who needs economic development strategic five-year?

01
Government policymakers
02
Economic development agencies
03
Local business owners
04
Community leaders
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Economic development strategic five-year refers to a planned framework or strategy that outlines the initiatives and activities a region or organization will undertake to promote economic growth and development over a five-year period.
Typically, local governments, regional planning organizations, or economic development agencies are required to file the economic development strategic five-year plans.
To fill out the economic development strategic five-year plan, stakeholders should gather relevant data, consult with community members, outline goals and objectives, develop strategies and actions, and ensure compliance with any specific guidelines provided by funding agencies or governing bodies.
The purpose of the economic development strategic five-year plan is to establish a clear direction for local economic growth, to create a roadmap for implementing strategies, and to facilitate the alignment of resources to effectively achieve economic goals.
Reported information typically includes key goals, economic indicators, strategies for implementation, funding sources, expected outcomes, and metrics for measuring success.
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