Central Virginia Planning District Commission

This document outlines a comprehensive set of strategic initiatives designed to foster regional economic development, improve infrastructure, and enhance workforce capabilities for the Lynchburg Region. Key focus areas include strengthening regional branding and corporate recruitment, supporting business retention and entrepreneurship, and developing shovel-ready sites. Additionally, the plan prioritizes investments in multimodal transportation, broadband, and community assets like riverfronts, arts, and culture. Workforce development is addressed through sector-focused training and the establishment of a regional workforce center, all guided by collaborative efforts of regional agencies.

This Comprehensive Economic Development Strategy for Virginia's Region 2000 aims to enhance the region's competitiveness for jobs and talent, fostering economic improvement and prosperity. The plan is guided by a vision for a prosperous, vibrant, and inclusive Lynchburg region, emphasizing the creativity of its workforce, economic resilience, and natural, cultural, and educational opportunities. Key strategic goals include projecting a positive image and cultivating a distinct identity, facilitating business growth and expansion, educating and developing a sustainable workforce, investing in regional connectivity, and supporting the vitality of diverse communities and downtowns.

This Comprehensive Economic Development Strategy (CEDS) for Virginia's Region 2000 outlines a roadmap to enhance the region's economic conditions and foster long-term growth. Key strategic pillars include developing a knowledge-based workforce, implementing innovation-led economic development programs, ensuring state-of-the-art infrastructure, promoting and enhancing inter-regional transportation systems, and maintaining and promoting the region's natural beauty, health care, cultural amenities, and tourism opportunities. The plan aims to create more jobs, higher-paying jobs, and improve the overall quality of life through collaborative public-private initiatives.

The Comprehensive Economic Development Strategy (CEDS) for Virginia's Region 2000 aims to update the region's economic development roadmap, guiding investments to enhance competitiveness for jobs and talent, and ensuring eligibility for federal funding. The strategy is built upon five key goals: projecting a positive image and cultivating identity, facilitating business growth, educating and developing a sustainable workforce, investing in regional connectivity, and supporting community vitality. It outlines eleven key initiatives, including forming an Image and Identity Partnership, implementing a Business Retention and Expansion program, launching a regional Center for Entrepreneurship, establishing a Regional Workforce Center, and advancing a Regional Riverfront Vision. The overarching vision is to create a prosperous, vibrant, and inclusive Lynchburg region recognized for its creative workforce, resilient economy, and abundant natural, cultural, and educational opportunities.

This Comprehensive Economic Development Strategy for Virginia's Region 2000 aims to maintain and improve the economic conditions and foster a stronger, more diverse regional economy. The plan focuses on five key goals: developing a knowledge-based workforce for an innovation economy, implementing innovation-led economic development programs, ensuring state-of-the-art infrastructure for high-wage industry clusters, promoting inter-regional transportation systems, and enhancing the region's natural beauty, healthcare, cultural amenities, and tourism opportunities. The ultimate vision is to create wealth through increased employment and higher-paying jobs.