top of page
Economic Development - City View5.png

Economic Development

Driving economic growth and community partnerships.

BlueCap partners with communities to create sustainable

growth. We align workforce priorities, strengthen

the tax base, and attract targeted industries.

Economic Development Process

Economic Development

Economic Development - Aerial view of industrial park. Retention & Expansion involves designing an outreach program utilizing economic development resources to existing industry with the purpose of identifying struggling businesses or those ready for growth, and offer support.
Business Retention & Expansion

Strategies to retain and

grow existing businesses.

Economic Development - Downtown Revitaization. Developing strategies to attract people to downtown areas to support local businesses.
Downtown Revitalization

Plans to rejuvenate downtown areas and attract new investment.

Economic Development - Inside of Warehouse. Develop a database of available properties that include necessary property information to increase marketability of properties.
Real Estate Assessment

Catalog available land

and buildings

​

Economic Development - Workforce Alignment. Develop training programs customized to the needs of local industry.
Workforce Assessment

Initiatives to develop a

skilled workforce that meets

the needs of local industries.

Business Attraction - Develop an outreach marketing program to attract new industries to the area.
Business Attraction

Efforts to attract new businesses

and industries to the area.

Economic Development - Community Partnerships. A small group of business leaders, government officials, and residents form a committee to dissiminate input from the community to formulate strategic initiatives.
Community Partnerships

Collaboration with community

stakeholders to drive strategic

initiatives for economic growth.

Economic Development - Strategic Planning. Include business leaders, government officials, and residents in the economic development initiative ensures all interested partners are in agreement and support the overall economic development strategy.
Strategic Planning

Identify the long-term vision, goals, and objectives for

economic prosperity.

Industry Base Analysis - assess the strengths and weakness of the current industry base and identify opportunities for growth.
Industry Base Analysis

Analysis of the local economy

to identify key industry

cluster opportunities.

Economic Development - Tourism. A baseball stadium with a restaurant attached, and downtown office building in the distance.
Tourism Development

Strategies to enhance and

promote local tourism.

Assessing community economic needs, strengths and weaknesses.
Community Assessment
Input from business community, residents, and other stakeholders to gather information about areas of the economy is the communities strong attrbutes to buld on, and where the community is struggling.
Stakeholder Engagement
Assessing industry makeup - Which industries are growing and which are fading away, and identifying the direct for future building the industry base.
Industry Targeting
Develop strategy based on opportunities, strengths, and weaknesses, and agreement between goverment, industry, and residents on the proper course forward.
Strategy Development
Creating new programs and initiatives that promote economic development success.
Economic Program Design
Implementing and assessing economic development initiatives and measuring the results.
Execution & Results
bottom of page