Update: Economic Development Strategic Action Plan
July 12, 2022
Agenda item 15.2
Background
Council Approval: January 24, 2022
Supports Stockton’s post-pandemic recovery
Anchored by Six Key Goals
Seven Investment Areas, three Focus Areas
Economy & Business
Infrastructure
Image & Branding
Data Tools & Resources
Strengthen Local Business Climate
Investment Area #1
Milestones
ARPA Program Development
Façade Improvement Program
Chamber District Support
Business Attraction & Expansion Incentives
Exploring data tools & resources
Next Steps
Launch Façade Program
Execute Chamber Support contracts
Develop RFP for Downtown Implementation + Business Support Investor’s Summit – Fall 2022
Develop Workforce Capacity
Investment Area #2
Milestones
CaliforniansForAll Youth Workforce Development Program
Business Visits
Next Steps
Community Economic Resilience Fund (CERF) participation Implement Workforce grant and execute contracts (CMO)
Innovation Hub / Entrepreneurship
Investment Area #3
Milestones
Launched updated Entrepreneurship Program (ARPA)
Awarded $1 million SBA Earmark Grant
Next Steps
Review Entrepreneurship applications / execute contracts Implement SBA Earmark Grant
Planning for Pitch Event – 2023
Build deeper connections to Wine Industry
Transform Downtown
Investment Area #4
Milestones
Brownfield Grant for South Pointe
Awarded $5.25 million for cleanup
Next Steps
South Pointe cleanup activities
Negotiations & DDA development
Support housing development
Activate Public Spaces
Investment Area #5
Milestones
Flavor Fest
Uplift Downtown activities (ARPA)
Brownfield Grant
Next Steps
Flavor Fest – Year 2+
Food Truck Ordinance (CDD)
Free Public Wi-Fi
Unify Community
Investment Area #6
Milestones
EDSAP Rollout
City Website Redesign RFP
Optimize use of City facilities
Next Steps
Website Update
Supporting Parades / Events
Drive-In Movie Night
Promote Brand
Investment Area #7
Milestones
Marketing RFP Issued (ARPA)
Conferences / Trainings
CA Land Recycling Conference
Innovating Commerce, Serving Communities (ICSC)
California Association for Local Economic Development (CALED) International Economic Development Council (IEDC)
Community Event Participation & Engagement
Next Steps
Launch Marketing campaign
Questions?