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Economic Development planning council

Economic Development planning council. May 2 nd 2012. OBJECTIVE OF THE MEETING. AGENDA. IMPLEMENTATION TO DATE: PROCESS. Owners and Contributors assigned to each of the 55 Action Items Action Items have Metrics , Benchmarks and Next S teps identified. IMPLEMENTATION TO DATE: PROCESS.

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Economic Development planning council

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  1. Economic Development planning council May 2nd 2012

  2. OBJECTIVE OF THE MEETING

  3. AGENDA

  4. IMPLEMENTATION TO DATE: PROCESS • Owners and Contributors assigned to each of the 55 Action Items • Action Items have Metrics, Benchmarks and Next Steps identified

  5. IMPLEMENTATION TO DATE: PROCESS Increase Ease of Doing Business (4) Realign Business Development Efforts (4.2) Establish annual business plans for all state economic development agencies, each having clear alignmentwith Commonwealth’s economic development strategy (4.2.2)

  6. IMPLEMENTATION TO DATE: PROCESS Support Regional Development Through Infrastructure Investments and Local Empowerment (3) Educate Regional and Local Officials, Municipal Leaders and their staffs. (3.1) Establish and run annually a series of regionally based economic development academies. (3.3.1)

  7. IMPLEMENTATION TO DATE: PROGRESS Support Innovation and Entrepreneurship (2) Support Growth to Scale (2.4) Existing MA Company Expansion (2.4.4 )

  8. IMPLEMENTATION TO DATE: PROGRESS Support Regional Development Through Infrastructure Investments and Local Empowerment (3) Make public infrastructure investments that promote regional growth opportunities (3.1) Plan ahead and target state infrastructure investments to priority areas with prompt & predictable permitting (3.1.1-2)

  9. IMPLEMENTATION TO DATE: PROGRESS Increase the Ease of Doing Business (4) Engage in on-going state regulatory review (4.1) Consistent and transparent process to assess small business impacts of proposed regulations (4.1.1)

  10. IMPLEMENTATION TO DATE: PROGRESS Increase the Ease of Doing Business (4) Engage in on-going state regulatory review (4.1) Identify existing regulations whose small business impacts could be reduced, eliminated or replaced with model regulations widely accepted in other jurisdictions(4.1.4)

  11. IMPLEMENTATION TO DATE: PROGRESS Increase the Ease of Doing Business (4) Engage in on-going state regulatory review (4.1) Appoint internal regulatory “ombudsman” (4.1.2)

  12. COMMUNICATION

  13. LEGISLATIVE INITIATIVES • Key Matters Currently Under Consideration: • Innovative Investment Fund to Support Collaborative Research and Development • Improved Infrastructure Financing Tools (Mass Works, Expanded I-cubed, DIF) • Permit Extension • Healthcare Cost Containment

  14. REGIONAL MEETINGS • Objective: Communicate Plan and Identify Regional Applications • Meetings by June 30, 2012 • Objective: • Review Plan • Discuss Most Relevant Strategies for Region • Discuss How to Implement

  15. YEAR END EVALUATION • Commitment to Evaluating Our One Year Progress • Questions Under Consideration: • Should This Become an Annual Event? • Should This Include Business Community Beyond Council Members?

  16. COUNCIL SUPPORT GOING FORWARD • Feedback • Ideas • Continued Partnership • Communication • Legislative Initiatives • Regional Events • Year End Evaluation

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