Page 88 - CityofMansfieldFY24Budget

SERVICE PROGRAM
FISCAL YEAR 2023-2024

STRATEGIC PRIORITY:

DEVELOP A STRONG ECONOMY

Continue to develop a strong economy by supporting local businesses, attracting Science,
Technology, Engineering, and Mathematics (STEM) careers, and encouraging new businesses
that will offer residents and visitors more options.

Guiding Principles: Healthy Economy, Remarkable Experiences
Goals:

1. Create and implement a Comprehensive Economic Development Policy.

Focus on economic activity in the City with the objectives of increasing recognition of
Mansfield’s brand, elevating commercial development, and becoming a hub of innovation.

2. Establish a Mansfield-First Policy that encourages local entrepreneurship.

Help existing businesses flourish by providing support to the companies that call Mansfield
home.

3. Recruit STEM related career fields to Mansfield.

Create an innovation corridor for companies with cutting-edge technology; partner with
hospitals and universities to bring in high caliber job opportunities.

4. Create unique Mansfield experiences through destination retail, restaurant, and
entertainment.

Continue to seek out extraordinary developments that will make Mansfield a destination city.

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