A 10-YEAR STRATEGY
TO SECURE A
Developing a More Resilient Economy for Greater Newport
The Greater Newport Chamber of Commerce and Connect Greater Newport are excited to announce adoption of the first 10-year regional economic development strategy for Greater Newport that will serve as a roadmap to build a strong, competitive, and more resilient economy.
The plan outlines the region’s attributes and vulnerabilities, while offering solutions and strategies to support economic recovery and resilience in the years to come.
Four strategic areas of focus were identified for the region:
Enhancing Small Business Support Services and Capacity
Investing in Talent and Skilled Labor Force Attraction & Retention
Improving important Infrastructure Systems, including Workforce Housing, Transportation and Broadband Connectivity
Advancing Projects of Regional Significance and potential for economic growth, such as Tiverton Industrial Park, Newport’s Innovation District, and decommissioned Navy properties
The plan is intended to be a living document which will evolve as we emerge from pandemic-related economic issues and take actions to invest in our community’s future. The plan will be updated regularly to incorporate data points, project status updates, public policy implications, and other milestones.
We would like to thank all the stakeholders who actively contributed their time and insights to the development of this plan in this first ever regional economic development effort.