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 opponunities the need for leadership at the high- and threats facing the Metro East area. est levels of the Metro East's major Numerous local economic development orga. corporations and local governments nizations. as well as other key groups repre- and that they become more active seming state and county government. educa. and visible in their support of tional institutions. and public utilities. play MEDP, This was said to be espe- importam roles in advancing economic devel- cially crucial for maintaining and opment efforts, 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 approach to economic development, comprehensive Entrepreneurial Program are highly valued by mem- Given the nature of economic change. the bers and clients. The delivery of ............................... results and benefits from these investments services throughout Minnesota will often occur over longer periods of time, Project Outreachrreltech; SI. .................. ...".. 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 part of mental choice between a healthy. diversified MEDP's future program activities. growing economy. and an economy that is Increased resources need to be dedi- susceptible to serious decline. This MEDP caled to this area. 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 client.', Many of the strategies detailed on the follow- However. MEDP members pointed ing pages were initiated during the 1991 - to the need to enhance and expand 1993 plan and have been recommended to be marketing and communication continued or enhanced. activities to increase awareness of its services and activities among Three subjects in particular were repeatedly members and area decision makers singled out as areas that needed increased and bu.,iness leaders. emphasis during: the next several years. ..." .' METRO EAST DEVELOPMENT PARTNERSHIP THREE-YEAR STRATEGIC PLAN