This committee involves strengthening the existing economic base of the neighborhood business district. While diversifying the businesses in the district. Focusing on helping existing businesses expand. Providing educational classes for small business owners. Providing contacts for recruiting new businesses that diversify the area. Converting unused or underused commercial space into economically productive property also helps boost the profitability of the district. The goal is to build a commercial district that responds to the needs of today’s consumers. Continuing a plan for sharpening the competitiveness of the neighborhood business district merchants. Promote networking between businesses and collaboration in the district.
Economic Vitality focuses on capital, incentives, and other economic and financial tools to assist new and existing businesses, catalyze property development, and create a supportive environment for entrepreneurs and innovators that drive local economies.
Topic: Economic Vitality Committee April 2021 Meeting