Blueprint 2.0
Economic Development & Finance Committee—March 8, 2022
Blueprint for Economic Development (April 4, 2017)
2 Mission:
• Creating equitable economic opportunities for workers, investors, and entrepreneurs.
Objectives:
• Grow and strengthen established industry clusters and emerging sectors in Long Beach.
• Increase access to economic opportunities in low-income communities to advance economic equity.
• Ensure workforce preparedness and business
competitiveness through alignment of economic
development, training, education, and community partners. • Make long-term investments in quality of life strategies to grow businesses, jobs, and investment that support a
thriving local economy.
Blueprint 2.0
3 5 Years in the Making:
• Blueprint for Economic Development (City Council) April 4, 2017 • COVID-19 Restrictions (Economic Transformation) March 2020 • Economic Response Plan (CARES Act) March to December 2020 • Racial Reconciliation Framework May to October 2020
• Call to Action: Economic Development Commission August 8, 2020 • (25) Economic Recovery Roundtables (ED&F) January to March 2021 • Economic Recovery Plan Adoption (City Council) March 16, 2021 • Long Beach Recovery Act (ARPA) October 1, 2021
• (16) Blueprint 2.0 Study Sessions (EDC) April 2021 to February 2022 * Over 40 roundtables, public meetings, and study sessions held over 2-year period in the development of the Blueprint 2.0 recommendations.
Blueprint 2.0
4 A Vision for 2030
City Council Priorities
5 Fiscal Year 2022 Budget:
1. Implement Long Beach Recovery Act including 33 new
economic support programs to support a more inclusive
and equitable economic recovery.
2. Create a more inclusive economy by 2030
3. Operationalize Digital Inclusion Roadmap to eliminate the digital divide for all residents, workers, and business owners by 2025.
4. Incorporate goals of Racial Equity and Reconciliation Initiative to eliminate economic disparities in communities most impacted by racism.
5. Implement multi-year action plans for major City real estate assets (Economic Empowerment Zones, Queen
Mary, Convention Center, etc.)
Economic Development Commission Priorities
6 Call to Action
1. Internet for All
2. Information is Power, Empowering the Powerless
a) Address Structural Racism
b) Equity & the Essential Workforce
c) Invest in the Caring Economy
d) Population Health
e) Cultivating the Green Economy
f) Community Pride & Ownership
Blueprint 2.0
7 New Focus Areas
1. Engines of Growth
2. Economic Partnerships
3. Equity & Economic Inclusion
4. Small Business Retention & Attraction
5. Talent Recruitment & Retention
6. Digital Connectivity & Inclusion
7. Real Estate Development
8. Quality of Life
* Digital Connectivity & Inclusion was added as its
own Focus Area in the new Blueprint.
Blueprint 2.0
8 User-Friendly Format
• Mission Statements
• Objectives
• Recommendations
* Retaining short, user-friendly format (e.g. one
page per Focus Area), to make Blueprint
accessible to community.
Blueprint 2.0
9 Implementation Plan
• Language Access (translation into at least 4 languages) • Print and Digital (for flexible distribution)
• Online Dashboard (for Tracking & Reporting)
• Marketing & Promotion (for attracting investment)
• Detailed Business Plans (as funding is identified)
• Annual Updates (Economic Development Commission)
• Live Events (in partnership with LBEP and CSULB)
* Retaining short, user-friendly format (e.g. one page per Focus Area), to make Blueprint accessible to
community.
Blueprint 2.0
10 Additional Comment & Public Input
Several more opportunities for City Council and public to review the recommendations and provide comments before final approval:
1. Economic Development Commission: additional study sessions and public comments (March 14th and April 11th).
2. TFF Memo: from the City Manager to the City Council with the draft report attached for public review (early April).
3. Via Email: members of the public may send comments to [email protected] on a rolling basis.
4. City Council Meeting: cover memo and draft report will be posted publicly for public review in advance of final review (projected for April 19th). * Final comments and changes from City Council and public will be incorporated into final report after City Council approval.
Blueprint 2.0
11 Next Steps:
Proposed dates are subject to change pending City Council direction:
• Economic Development & Finance Committee March 8, 2022 • Economic Development Commission March 14, 2022
• Long Beach City Council April 19, 2022
• Final Edits & Formatting 2022 (Q2)
• Distribution Plan 2022 (Q3)
• Workplan Development 2022 (Q4)
• Annual Reports (Quarterly Forums) 2023 (Q1)