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Allegany County, Maryland is seeking a professional Consultant Team to prepare an Economic Development Strategic Plan (EDSP) that not only builds on the economic development work already completed or underway; but one that furthers the efforts of our community and introduces new strategies of proven success. The Consultant Team will work with the community to understand economic development concerns and interests and to help guide the discussion about what is feasible in Allegany County with respect to economic development and the resources available. It is expected that the selected firm will prepare an EDSP that contains specific economic development goals, strategies and an implementation plan, outlining timing, anticipated costs, funding sources, and who will be responsible for each implementation action. The selected Consultant Team will be one that has demonstrated experience in the preparation of economic development strategic plans for local jurisdictions. The County views effective public and business community outreach, and high-quality, user friendly, graphic design documents, as important to the creation of this plan.
The EDSP will provide a framework to increase the tax base of Allegany County, Maryland, by enhancing the business climate and creating higher paying jobs. The ultimate goal is to sustain and expand the economic base in order to provide for a high quality of life for all residents. It is hoped that the plan will present a key set of strategies, with action items, that build upon the current asset base of Allegany County, Maryland.
By identifying how to overcome challenges and by facilitating growth and expansion of existing businesses, as well as, attracting new businesses, the activities resulting from a well-conceived EDSP will have enormous positive impact. A well-conceived EDSP will not only increase employment but will position the County to become an emerging location within the Mid-Atlantic Region as an attractive place for investment and relocation.
The strategies developed must also address both the needs and impediments for existing business while defining methods for attracting and growing new business areas of opportunity. Identifying and maintaining a balance between the two is necessary to ensure success.
The plan should answer these questions: