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This document invites proposals for consulting services related to the Economic Development Strategic Master Plan for the City of Rochester. It outlines the submission requirements, evaluation criteria,
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How to fill out economic development strategic master

01
Define the vision and goals for economic development.
02
Conduct a comprehensive assessment of the current economic landscape.
03
Identify key stakeholders and engage with the community.
04
Gather and analyze data on demographics, employment, and local industry.
05
Evaluate existing resources and assets that can support economic growth.
06
Develop strategies and initiatives based on the assessment findings.
07
Prioritize projects based on feasibility and potential impact.
08
Create a timeline and allocate resources for implementation.
09
Establish metrics for measuring success and make adjustments as needed.
10
Document the plan and ensure it is accessible to all stakeholders.

Who needs economic development strategic master?

01
Local governments seeking to stimulate economic growth.
02
Businesses looking for favorable conditions to expand.
03
Nonprofit organizations focused on community development.
04
Investors interested in understanding local economic opportunities.
05
Community members wanting to advocate for economic improvements.
06
Policy makers needing data to support legislative initiatives.
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An economic development strategic master is a comprehensive plan or framework that outlines the strategies, goals, and actions necessary for promoting and managing economic growth and development within a specific area or region.
Typically, local governments, regional planning agencies, and economic development organizations are required to file an economic development strategic master as part of their planning and development processes.
To fill out an economic development strategic master, stakeholders should gather relevant data, define objectives, outline strategies, detail action plans, and establish metrics for tracking progress, often involving community input and collaboration.
The purpose of an economic development strategic master is to create a structured approach to stimulate economic progress, enhance local economies, improve quality of life, and attract investment by setting clear priorities and actionable steps.
Information that must be reported includes demographic data, economic indicators, strategic goals, action items, funding sources, performance metrics, and stakeholder engagement outcomes.
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