EDP advances strategic plan with city’s vision
Members of the Craig/Moffat County Economic Development Partnership are working to put four hours of strategic planning into a working plan.
The first step was developing a community vision.
EDP Director Tom Flavin created and presented a statement to the board, which suggested no changes at its most recent meeting. It reads:
“The economic future of Moffat County is driven by an immediate focus on existing attributes of the region that include resource-based opportunities, unique regional branding options, local entrepreneurs and business growth and niche recruitment activities. Second, a long-term ‘economic diversification’ strategy for the region needs to be developed and funded.”
Several strategies the board will consider include taking advantage of resource-based opportunities provided by coal, oil and natural gas production, using hunting and cultural tourism opportunities to create a regional brand and providing enhanced technical assistance to help develop existing businesses.
Identifying long-term funding sources is a key factor in developing economic diversification strategies, Flavin said.
“That’s going to help with our diversification strategy,” he said. “The whole point of the diversification strategy is to get out of the boom-and-bust cycle we’ve had in the past tied to the energy industry.”
The EDP will take a strong role in advocacy and has committed to learning more about the hospital’s construction project, proposed natural gas pipelines, the expansion of Twentymile Mine and upgrades to the power plant.
The board also formed a communication committee.
“The key is we’ve got to get more support from our members. As a board, we can’t do it all,” board member Dave Fleming said.
Christina M. Currie can be reached at 824-7031, ext. 210, or email@example.com.
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