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i <br /> �I <br /> whose requirements for employees match the skills of our existing <br /> workers. ) <br /> 1 <br /> I11 1 , <br /> Favor economic development activities which will employ <br /> existing residents rather than increase population growth <br /> pressures. <br /> To support sound public education and other training ` <br /> programs and encourage the development of new programs to help ar ;, <br /> students and adult workers adjust to emerging technologies. <br /> To support special events and activities that will increase <br /> economic activity. (Octoberfest. ) <br /> To recognize the Town's significant reliance on retirement <br /> incomes and encourage commercial and service uses which cater to <br /> senior citizens. <br /> To consider tax assessments, tax increment financing for , . <br /> certain businesses. (Economic opportunity area designation on - <br /> the Industrial Park. ) <br /> To encourage the establishment or expansion of environmental <br /> biotechnology, marine technology, electronics and software <br /> businesses in Mashpee. (Businesses that seem to be appropriate r; <br /> for this area, the woods Hole Institution. ) s. <br /> Long Range Plan Recommended: 1. Building local capacity <br /> for economic development; 2. Promoting new commercial and <br /> industrial development that conforms to the Town' s environmental <br /> standards; 3 . Building on Mashpee' s existing economic strengths; <br /> 4. Developing alternative employment options for Mashpee <br /> residents; and 5. Ensuring that Mashpee residents benefit from <br /> regional economic activity and that the work force development <br /> needs of local businesses are met. (Each of these strategies is <br /> more detailed in the Summary Report and the full scale report. ) E ' <br /> Strategy #1: Build Local Capacity for Economic Development. <br /> Clarification of committees, membership and jurisdiction has been # <br /> suggested; as well as a Community Development Corporation which <br /> is a non-profit organization operated by community residents. <br /> The focus would be on economic development, small business <br /> development for local and low-income residents and affordable <br /> housing programs. A consideration would be for an Upper Cape <br /> (Mashpee, Falmouth, Sandwich) Community Development Corporation. ' <br /> Strategy #2: Promote New Commercial and Industrial <br /> Development That Conforms to the Town' s Environmental Standards. <br /> work closely with new owners of the Industrial Park. Develop an IIILEl <br /> aggressive marketing effort oriented towards entrepreneurs and "s <br /> business owners rather than being industry-based. Focus on non- <br /> resident taxpayers in Mashpee and other Cape communities, <br /> tourists who regularly visit the Cape, entrepreneurs and small it <br /> -5- <br /> Y <br />