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The CEDS Strategy Committee developed the plan’s vision statement |
and strategies and identified potential implementation partners that |
will assist in the accomplishment of regional goals. Four subject matter |
expert Work Groups were created to address challenges and |
opportunities for economic diversification and develop strategies for |
training and shifting displaced tourism / leisure and hospitality |
workers into existing and emerging, higher wage industry clusters. |
These Work Groups tackled 1) Economic Diversification; 2) Business |
Attraction and Workforce Development; 3) Mobility and Access; and |
4) Environment and Resilient Infrastructure. |
Each Work Group conveyed their category’s highest priority issues and |
strategies, identified priority projects, identified resource gaps, and |
VISION STATEMENT |
Increase regional prosperity by building economic resilience, |
fostering equitable job creation, increasing local collaboration, and |
building a more diversified economy and a connected |
environmentally sustainable vibrant region. |
20 | Page |
collaborated with their staff to return to the SFRPC a list of projects, |
challenges, and outcomes for success. The CEDS Committee and Work |
Group recommendations and action steps follow below. On the |
following pages please find the “Priority Goals for the South Florida |
Region” as identified by the Committee and Work Group members. |
21 | Page |
1.1. Maintain a Competitive Edge |
a. Support business incentives and programs to |
advance traditional and emerging industries, |
create local jobs, and increase competitiveness in |
a global marketplace. |
b. Routinely review and update current and nascent |
cluster analyses to identify workforce needs. |
c. Support high quality early childhood education |
(including family support services) and life skills |
trainings. |
d. Recruit top-notch faculty to higher education |
institutions and market the region to relocating |
firms. |
e. Enhance and support the regional airports and |
seaports. |
1.2. Boost Entrepreneurial Development |
a. Invest in small business and scalable startup |
training incubators and accelerators. |
b. Integrate entrepreneurship into the K-12 |
curriculum at a young age to encourage |
entrepreneurship and development of an |
innovation mindset over time. |
c. Support existing entrepreneurial programs |
offered by academic institutions and other |
partners. |
d. Encourage new businesses, job creation, and |
investment within low-income communities to |
reverse negative trends, create equity, |
opportunity, and a more positive future for |
residents. |
e. Educate the community about the importance of |
attracting entrepreneurs and instilling an |
entrepreneurial mindset. |
PRIORITY GOAL 1: CULTIVATE A COMPETITIVE ECONOMY AND FOSTER ECONOMIC MOBILITY |
f. Engage with the entrepreneurial population |
directly to create business events to retain them |
in the region. |
g. Market and prepare missing entrepreneurial |
resources including access to community-based |
funding, angel investment, venture capital, and |
ecosystems |
h. Collaborate and educate local municipalities to |
expedite new business permits |
1.3. Invest in Workforce Development |
Workforce development is a high economic development |
priority in South Florida. As noted in the Florida Chamber |
Foundation’s 2021 Florida’s Workforce Needs Study, a |
skilled and competitive labor force is key to the prosperity |
and sustainability of the economy. |
If a region cannot offer a good quality of life for its |
workforce, workers may choose to relocate, especially |
those in high-skilled, high-demand fields. Likewise, |
increasing postsecondary education attainment without |
sufficiently increasing the jobs that require advanced |
talent simply furthers brain drain into regions and states |
where college-level and higher-skilled jobs are available. |
a. Support and invest in apprenticeship, internships, |
youth employment, existing educational |
credentials, micro credentials, and on-the-job |
training programs to create high paying jobs and |
address future building trade labor shortages. |
b. Connect the region's labor force with the necessary |
skills and trainings to create pathways for quality |
career opportunities in targeted industries of the |
region to fill in the workforce gap for high paying |
jobs. |
c. Connect existing workforce needs with upskilling |
opportunities of underemployed workers. |
d. Develop strategies to help close the gap between |
the region's employer needs and education. |
e. Create and build upon strategies that lead to a |
more inclusive labor market that support the |
growth of quality jobs. |
f. Strengthen resources and partnerships that |
support pathways to 21st century jobs. |
g. Expand programs that build soft skills alongside |
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