1. Strategic Plan for Economic
Development
Presentation of Action Plan and
Implementation Matrix
by AngelouEconomics

2. Economic Development Strategic Plan
• Long-expressed goals and needs
• Target industries--Chamber
• Define roles among economic development partners
• 3rd party analysis of strengths/weaknesses/opp’s.
• Create business retention, expansion program (BREP)
• City Council approved contract with Angelou
Economics July 19, 2011, work began in August
• Angelou Economics has met all requirements of the
contract

3. Strategic Plan Contract Components
• Phase I – Stakeholder Engagement
• Steering Committee; 4 Focus Groups; Individual/Small
Group Stakeholder Meetings; Community Tours
• Deliverable: Business and Resident Surveys
• Phase II – Market Assessment
• Market Assessment Report
• Project Website: www.AdvanceSanAngelo.com
• Phase III – Target Industry Study Report
• Target Market Niches and Recommendations
• Phase IV – Action Plan, Implementation Matrix, and
Evaluation Criteria

4. Community & Eco. Dev. Partner Involvement
• Presented to Steering Committee December 2011
• Approved by Chamber, DSA, and Workforce boards
• Approved by COSADC January 25, 2012
• Steering Committee will work with COSADC staff and
economic partners to identify priorities and implement
recommendations
• Chamber will use recommendations to develop new
marketing plan
• All final documents at www.AdvanceSanAngelo.com