Strategies:
- Develop a business incubator
Possible Projects:
– Target specific industries for the incubator(s) to fuel growth
– Partner with Eastern Illinois University and/or Lake Land College
– Develop a partnership with Rural King - Develop a business recruitment/attraction program
Possible Projects:
– Market available funding such as the revolving loan program
– Create a regional approach to marketing and business attraction
– Improve and expand Mattoon’s digital footprint
– Create an improved banding name
– Market Mattoon on a billboard on I-57 - Incentivize the development of the Route 16 corridor
- Develop strong network infrastructure
Possible Projects:
– Develop human capital
– Install hardware - Form teams to assist new business start-ups, target and attract businesses, and retain current businesses
Possible Projects:
– Create a range of assistance/expertise offered to include marketing, financing, insurance requirements, law compliance, accounting/taxes
– Recruit people with specialized expertise to offer pro-bono business counseling - Create an Industrial Park with shovel-ready sites
- Develop a plan to attract secondary suppliers and customers for local industries
- Launch entrepreneurship mentoring programs for adults
- Develop a retail town center
Possible Projects: Develop a plan modeled on West Des Moines, IA - Develop a standard package of business incentives
- Create an economic / business developer position and standing committee
- Promote the transition to a city manager system