Four Year Capital Campaign “Invest in Marshall County” Launched
Plymouth, IN (April 27, 2015) – Bill Davis, Chairman of the Board of Directors of the Marshall County Economic Development Corporation (MCEDC), announces the launch of “Invest in Marshall County,” a four year campaign with the goal of increasing private sector participation to further grow and strengthen the county economy.
“Local governments across Marshall County have been very supportive of MCEDC’s economic development program over the past seven years,” stated Mr. Davis. “In anticipating the need for private sector participation, the Board adopted a long range strategic plan that will guide economic development activities and growth for the next five to ten years.”
Economic development is extremely competitive. The most successful programs are based on a number of key elements coming together, and funding from both the public and private sectors is a must.
The strategic plan, as adopted, highlights four specific programs:
- Business Expansion and Retention (BEAR) – Through the use of interviews with business leaders, the BEAR program aims to learn about the issues companies face so MCEDC can develop solutions. In particular, the BEAR program will uncover expansion opportunities, and assist in these expansions.
- Business Attraction – MCEDC will identify and develop our county’s business assets, and market them to targeted businesses in order to attract new industries to the area.
- Entrepreneurial Hub – MCEDC, with area partners, will develop an entrepreneurial center, incorporating elements for success and allowing innovative business ideas to prosper.
- Workforce Development Program – MCEDC, with area partners, will develop an immediate plan to address the availability of workers and ensure that our future workforce has the skills that our employers require.
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