CCP 10-31-1994 - Laserfiche WebLink

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INTRODUCTION . .............. This strategic plan provides a revised road I. Members and clients emphasized map for MEDP to address the opportunities the need for leadership at tbe high- and threats facing the Metro East area, est levels of the Metro East's major ..,.... Numerous local economic development orga- corporarions and local governments nizalions. as well as otller key groups repre~ and that tbey become more active senting state and cDumy government. educa- and visible in their support of tional institutions. and public utilities. play MEDP. This was said to be espe- imponam roles in advancing economic devel- cially crucial for maIntaining and opment effons. The success of their effortS is expanding of the east metropolitan greatly dependent on leadership and support. area's image as a distinct region It is MEDP's challenge to marshall this lead- with its own. well defined identity. ership and support through the implementa- tion of a strategic plan that outlines and 2. MEDP's initial efforts to develop a .........-.... implements an aggressive three-county comprehensive Entrepreneurial approach to economic development. Program are highly valued by mem- bers and clients. The delivery of ......... Given the nature of economic change. the ............ services throughout Minnesota .............. results and benefits from these investments will often occur over longer periods of time. Project OurreachfTeltech; St. .............................,... Consequently MEDP must maintain a clear. Paul/Metro East Development long-range vision of its mission and goals as it Corporation (SPMEDCO). SBA moves forward, It must always be remem- 504; and the pilot Consulting bered that the Metro East area faces a funda- Program are seen as a key parr of mental choice between a healthy, diversified MEDP's future program activities. Increased resources need to be dedi- growing economy. and an economy that is cated ro this area. susceptible to serious decline. This MEDP strategic plan represents a proactive choice in favor of continued economic strength and 3, Business-related marketing and growth. communications efforts have been well received by MEDP cliems. Many of the strategies detailed on the follow- However. MEDP members poimed ing pages were initiated during the 1991 . to [be need to enhance and expand 1993 plan and have been recommended 10 be marketing and communication cominued or enhanced. activities [0 increase awareness of its services and activiries among Three subjects in particular were repeatedly members and area decision makers singled out as areas that needed increased and business leaders. emphasis during the next several years. . J METRO EAST DEVELOPMENT PARTNERSHIP THREE.YEAR STRATEGIC PLAN