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New Thinking for Challenges of the Future

ECONOMIC DEVELOPMENT PARTNERSHIP. New Thinking for Challenges of the Future. Richard Venable. Sullivan County Executive. Objectives . Recognize and celebrate what has been accomplished since the 1999 Economic Summit Identify gaps in current Economic Development Plan

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New Thinking for Challenges of the Future

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  1. ECONOMIC DEVELOPMENT PARTNERSHIP New Thinking for Challenges of the Future

  2. Richard Venable Sullivan County Executive

  3. Objectives • Recognize and celebrate what has been accomplished since the 1999 Economic Summit • Identify gaps in current Economic Development Plan • Provide an opportunity for citizen input • Develop strategies that will make Kingsport a “liveable” community • Organize and communicate progress on each issue

  4. Mayor Jeanette D. Blazier From 1999 to 2003

  5. Community Strengths • Outstanding natural beauty • Legacy as a progressive, well-planned city • Excellent public education system • Safe place to live • Rich cultural and historic heritage • World class healthcare system • Strong citizen involvement

  6. Opportunities for Improvement • Slow growth • Manufacturing-dependent economy • Older population • Well-educated professional population • Strong regional retail position likely to erode • Deficiency in middle income housing stock • Deficiency in lifestyle and quality of life opportunities

  7. Partnerships…the key to shared success Board of Mayor and Aldermen Boards of Education City Boards and Commissions Small Business Council Kingsport Convention & Visitors Bureau Economic Development Council Local Government Business Community CHAMBER OF COMMERCE CITY OF KINGSPORT KINGSPORT ECONOMIC DEVELOPMENT BOARD The Economic Development Partnership Of Kingsport Kingsport Tomorrow KHRA DKA KRIDS Model City Coalition Neighborhood Council TN Economic/Community Development Phipps Bend Joint Venture Sullivan County Airport NE TN Valley RIDA Community & Neighborhood State & Region

  8. 1999 Economic Summit Economic Development Action Plan Goal: Diversification of Economic Base Strategies: • Support/retain current businesses • Workforce development and training • Small business development • Focusing on high tech & high end retail • Wideband connectivity and redundancy • Redevelopment • Sports tourism • Spirit of entrepreneurship Goal: Organizational Development • Structure • Funding

  9. ECONOMIC DEVELOPMENT PARTNERSHIP New Thinking for Challenges of the Future

  10. Anne B. Pope Federal Co-Chair Appalachian Regional Commission

  11. Robert McNulty Partners for Liveable Communities

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