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Discussion: Economic Development Blueprint

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In response to a request by Mayor Robert Garcia, the Long Beach Economic Development Commission (Commission) will create an Economic Development Blueprint (Blueprint) to support the creation of businesses, well-paying jobs, and increased economic activity. The plan will be based on data gathered by Beacon Economics, LLC and will eventually come to City Council for adoption in April 2017.

More information regarding the Blueprint, including Commission meeting dates and times, can be found at www.longbeach.gov/blueprint.

5 Attachments

Attachment: Document - Economic Development Support Analysis

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Attachment: Document - 2016-2020 Los Angeles County Strategic Plan for Economic Development

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Attachment: Document - 2015 OTIS Report on the Creative Economy of the Los Angeles Region

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Attachment: Document - National League of Cities Big Ideas for Small Business Report

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Attachment: Document - Draft Blueprint for Economic Development

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Description:

The Economic Development Commission's policy recommendations for the City's Blueprint for Economic Development.

Topics

Topic: Economic Development Support Analysis

In September 2015, the City of Long Beach commissioned Beacon Economics, LLC with developing a report that would facilitate a more focused dialogue about economic conditions within the City.

The goal of the report is to provide timely quantitative indicators for the City of Long Beach. The report provides essential background information on the City’s economy, its workforce, and its residents that may serve as a reference as the City undertakes strategic economic and policy decisions that will help shape the future of the City. Moreover, it contains metrics that can be used to establish economic development, workforce, and other goals, and track progress toward those goals.

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Topic: Focus Areas

The Economic Development Commission is considering the below focus areas for the city's Economic Development Blueprint. Your input is requested, and will help inform the recommendations the Commission makes to the City Council. Please refer to the Working Draft Blueprint to learn more about the Commission's goals, objectives, and recommendations for each of these focus areas.

1) Engines of Growth

2) Economic Inclusion

3) Jobs & Education

4) Business Assistance

5) Development Environment

6) Quality of Life

7) Economic Cooperation

7 Responses
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