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Greater Waco Chamber's Strategic Economic Development Plan

Tuesday, May 13, 2008

To stay on track with its mission to guide the area's economic development, the Greater Waco Chamber of Commerce adopted a Strategic Economic Development Plan in 2006.

This comprehensive plan identifies five goals to help the area achieve a more sustainable economy and quality of life and names six target industries.


 

The plan was developed by Market Street Services through five months of extensive analysis using a demographic and economic profile, a competitive assessment, community input and a target business analysis.

GOAL 1: GROW WACO

Grow Waco by broadening and strengthening existing economic development efforts to sustain quality job growth and increase local wealth in the short- and long-term.

GOAL 2: DEVELOP THE WORKFORCE

Develop the ability of the workforce to meet the needs of business by enhancing the education, training and development programs of the public school systems, higher education institutions and other available resources.

GOAL 3: CHANGE PERCEPTIONS

Change perceptions by enhancing Greater Waco's internal and external image through the Waco We Do branding campaign.

GOAL 4: REVITALIZE STRATEGIC

COMMUNITY AREAS

Revitalize downtown, the Brazos riverfront and other key areas by enhancing efforts to create more vibrant communities and improve housing options.

GOAL 5: BUILD A CULTURE OF IMPLEMENTATION

Build a culture of implementation by strengthening stakeholder relationships and obtaining the resources necessary for success.

For more information on the Strategic Plan, visit WacoChamber.com.

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