Solano County (DD)
Abstract
Solano County received a Department of Defense Office of Economic Adjustment grant in January 2013 to conduct an Economic Diversification Study Project due to the community economic impact of Travis Air Force Base. This project determined the county’s economy is less diversified than the rest of the Bay Area and the State of California, but similar to the neighboring Sacramento region. Four clusters emerged that could assist the county in diversifying away from a government-dominated economy: Energy, Food Chain, Medical and Life Sciences, and Advanced Materials. The resulting economic diversification strategy, dubbed Moving SOLANO Forward (MSF), identified 13 strategies and 39 implementation actions for local jurisdictions to pursue over the next five years. The County seeks to further develop some of the foundational implementation actions of the MSF Economic Diversification Strategy by pursuing a five-pronged approach of interdependent efforts. The proposed MSF Implementation of Diversifying Economic Actions (IDEA) Project will result in: a corridor and development study that identifies strategies to re-envision the form and function of key county transportation corridors; a cluster analysis that classifies the needs and gaps of the identified clusters; recommendations on the best positioned sites for development and further economic diversification; a comprehensive data base of economic information and a web-based application to access and share the data; and a report on local, state and federal funding opportunities for economic development investments and recommendations for an organizational structure and potential funding mechanisms to establish and sustain a local funding option to support proposed investments.
Document Details
- Document Type
- DoD Grant Award
- Publication Date
- May 06, 2016
- Source ID
- HQ00051510034
Entities
People
- Birgitta Corsello
Organizations
- Office of Local Defense Community Cooperation
- Office of the Secretary of Defense