Posey County hired SDG to assist with the development of a strategic economic development plan. The strategies will be shaped by a community vision for economic growth and driven by detailed steps for completion for each objective. Hannum, Wagle and Cline Engineering (HWC) will be partnering on the project and completing a business site analysis and site improvement cost estimates.
When completed, the economic development plan will include:
A vision of the community’s economic future
A set of prioritized goals and objectives
An overall “roadmap” for each action plan showing responsibilities, time schedules, benchmarks, and potential funding sources where appropriate
Individual task and organizational work plans for groups responsible for specific steps in action plans
An assessment of the “shovel-ready” status of two industrial/business sites in the community with projected cost estimates for necessary improvements in infrastructure (The term shovel-ready refers to sites which can quickly accommodate a new business.)
An appendix fully documenting the planning process, various sources and types of input
A schedule and process for plan revision and updating
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