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9. Identify and participate in targeted industry trade shows with Governor's Office, Oncor, etc. <br />10. Participate in call trips with Team Texas, Texas Economic Development Connection, and other partners. <br />11. Conduct Target Market Study to identify market opportunities unique for Paris, followed by a marketing <br />campaign to communicate information with site selection consultants. <br />12. Develop an internal incentive guideline that aligns with current revenue and fund balance to assist staff <br />and board in making financial decisions on attraction prospects. <br />13. Aggressively pursue feedback on projects lost to understand opportunity areas. <br />14. Schedule and attend trips to prospective businesses. <br />■ <br />STRATEGIC ACTIONS: <br />1. Determine the needs, opportunity areas, and challenges of existing startups. <br />2. Coordinate with the Small Business Development Center and Paris Junior College on understanding <br />current resources and partner roles in assisting startups and determine opportunity areas for PEDC <br />programming. <br />3. Serve as the central point of contact for startups and entrepreneurs seeking to launch a business in Paris <br />or Lamar County. <br />4. Assist entrepreneurs and startups with locating space in Paris and navigating City ordinances. <br />5. Coordinate with the SBDC and other partners to determine needs for Startup bootcamp and other <br />activities that foster entrepreneurship. <br />6. Seek opportunities to connect entrepreneurs with existing industry and or mentors. <br />7. Connect entrepreneurs with funding sources including lenders, angel investor groups, SBA, revolving <br />loan funds, etc. <br />8. Record and track all confidential business intelligence in a CRM database to maintain data and <br />determine trends that will inform leadership and programming. <br />STRATEGIC INITIATIVE IV: SUPPORT WORKFORCE DEVELOPMENT PROGRAMMING <br />STRATEGIC ACTIONS: <br />1. Participate in local, regional, and state initiatives that address workforce development initiatives. <br />2. Facilitate or support programming that creates opportunities for apprenticeships, internships, plant <br />tours, career days, job shadowing, and more. <br />3. Coordinate with Paris Junior College, A & M Commerce, and the ISDs to create connections between <br />employers and job seekers through career fairs, jobs website, and more. <br />4. Coordinate with Paris Junior College, A & M Commerce, and the ISDs to support efforts that foster career <br />pathways to middle and high school students to establish a skilled pipeline of workers for our employer <br />base. <br />5. Endorse and promote training and certifications that support existing industry. <br />6. Partner with Workforce Solutions to support training grants that address the existing and future needs of <br />our employer base. <br />7. Continue to support Paris Junior College, A & M Commerce and other regional educational institutions, <br />workforce agencies, and training providers to promote training and certifications for high -demand and <br />critical occupations. <br />5 — PLAN UPDATE 6/2025 <br />