Economic Development Strategic Action Plan For Prince George’s County

Page 31

INTRODUCTION Table 3. Outline of Strategic Action Plan

Strategic Priorities Growth Opportunities: Support innovation and Entrepreneurship Across and Within Targeted Industry Clusters

Human Capital: Cultivating Talent and Connecting Prince George’s County Residents with Economic Opportunity

Strong Places: Improving Places Across Prince George’s County and Enhancing the Core Business Environment

Partnership Initiatives

Supporting Actions • •

Innovation Collaborative for Prince George’s County

Partnership for Jobs and Skills Initiative

• • • •

• • • • • •

Alliance for Placemaking Initiative

• • • • • •

Sustain County’s Focus on Targeted Industry Clusters Incentivize Growing Startups in Targeted Industry Clusters to Stay or Relocate in County Launch Preaccelerator Program Advance a First Customer Program Establish an Economic Gardening Program for BIPOC Businesses Advance Corporate Innovation Centers with UMCP and Bowie

Foster Presence of Nonprofit Skills Development Service Providers Connect Higher Education Students with County Employers Advance Corporate-Higher Education K-12 STEM/STEAM Activities Ensure that Program Alumni are Connected to Higher Education and Career Opportunities Pursue Target Industry Workforce Critical Skills Consortium “Blacks in Tech” Network of Computer Scientists, Engineers and Others

Develop Business Improvement Districts at Select Tod/Downtown Area Ensure New Zoning Reforms are Implemented Promote New Uses for County’s Underperforming Comm./Retail Developments Advance Lean Permitting Processes Explore Use of By-Right Zoning in Areas Beyond Data Centers (e.g., Biosciences, Advanced Manufacturing) Support Small-Scale Makers

Economic Development Strategic Action Plan For Prince George’s County

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Figure 12. Density of Research Intensive Businesses

8min
pages 116-119

Figure 11. Density of Information Technology Services Businesses

6min
pages 111-114

Figure 10. Density of Hospital and Health Services Businesses

1min
pages 108-109

Figure 7. Locations of Prince George’s County’s Downtowns and Other Targeted Investment Areas

29min
pages 79-99

Figure 9. Density of General Services Administration Offices

2min
pages 105-106

Table 5. Select Characteristics of Prince George’s County Residents by Commuting Status

36min
pages 58-76

Appendix 1: Assessment of Prince George’s County’s Economic Drivers

1min
page 100

Human Capital: Cultivating Talent and Connecting Prince George’s County Residents with Economic Opportunity

1min
page 57

Strong Places: Strengthening Places Across Prince George’s County and Improving the Core Business Environment

1min
page 77

Table 4. Summary of Emerging Issues to Address Through Strategic Priorities

21min
pages 44-56

Strategic Framework for Advancing a Strategic Action Plan for Economic Development

2min
page 17

Table 3. Outline of Strategic Action Plan

1min
pages 31-34

Figure 4. Leading Research Institutions in Prince George’s County by Publications (2012–2019)26 Figure 5. Growth in Federal Procurement in Prince George’s County by Agency ($, thousands

15min
pages 37-43

Table 2. Summary of Emerging Issues to Address Through Strategic Priorities

4min
pages 23-25

A New Trajectory for Economic Development in Prince George’s County, Maryland

2min
page 13

Figure 3. Visualization of Plan’s Interconnected Strategic Focus

10min
pages 26-30

Building on Economic Development Momentum in Prince George’s County

2min
page 14

Table 1. Strengths and Opportunities in Driving Industry Clusters

10min
pages 18-22
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