Economic Development

The Vision

Government should create strategic plans for realistic economic investment and growth in the near- and long-term and prioritize key assets and sectors that drive our local economy.

To reach for this vision, City officials must commit to an action plan to cause the achievement of each of the following policy goals:

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A best practice analysis to identify the most effective role and method for the City’s involvement in our economic development landscape, particularly in light of the recent dissolution of the public-private partnership established to catalyze key local sectors.

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A New Orleans economic development plan and strategy to protect and grow key local sectors and their economic centers, including the French Quarter, Central Business District and sectors including energy, trade, healthcare, and biosciences.

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Synergy with the strategic plan for regional economic competitiveness that leverages the expertise of local, state and regional economic development partners and business community leaders to realistically pursue economic growth in existing and new sectors.

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An incentive framework that encourages investment and development through the application of a best practice model for fair, transparent and objective processes and criteria.

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A strategy for safeguarding and leveraging publicly-owned assets to facilitate local economic growth.

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Programs and incentives that encourage entrepreneurship and neighborhood-based development.

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