Description
Supporting and growing a diverse mix of businesses is critical in ensuring long-term financial and economic resilience.
This strategy emphasizes the need to maintain the core functions of the Economic Development Department, while continuing to identify opportunities to improve service and adapt to the changing needs of the business community.
Components
- Continue identifying creative new ways for the city to support economic development through the city’s Innovations Initiative.
- Leverage growth opportunities in the sustainability business sector, including renewable energy, energy efficiency and clean technologies, through incentives or other programs in order to attract new types of employment.
- Help existing businesses develop continuity plans for climate change impacts, such as utility costs, water availability and extreme weather events (e.g., hail, flood, heat wave).
- Provide recognition for businesses that demonstrate commitment to the Westminster community, such as number of years serving Westminster or number of jobs provided.