The URL can be used to link to this page

Home My WebLink About4a. 2025 EDC Work PlanEconomic Development Commission 2025 Work Plan Goal Timing Identify Resources Available for Economic Development •Increase outreach to local and regional funding resources Q1 •Identify funding programs to attract and retain businesses Q2 •Update Business subsidy and TIF policies Q3 •Evaluate levy options Q4 Expand Existing Businesses and Promote Entrepreneurship •Conduct Business Retention & Expansion (BRE) visits Monthly •Report on BRE visits to EDC Quarterly •Create strategy to identify and outreach to home-based businesses Q4 Establish Lakeville Competitive Edge •Identify under-utilized and redevelopment sites Q2 •Identify ways to leverage training resources to local businesses Q1 •Conduct market demand study of transit stop areas Q4 Strengthen Lakeville’s Local Tax Base •Conduct industry cluster analysis Q3 Enhance Lakeville’s Distinct Industrial and Commercial Districts •Identify areas where a small area plan is appropriate Q4