Elorza Unveils Economic Plan
GoLocalProv Business Team
Elorza Unveils Economic Plan

“Generating the broad-based economic growth that Providence needs requires expanding economic opportunity to all of our residents and neighborhoods. We are One Providence and we will rise or fall together,” Elorza said.
Elorza's plan includes creating an Office of Economic Opportunity, upgrading the skills of the city’s workforce, fostering neighborhood-based economic development, and growing new business.
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·Create a new Office of Economic Opportunity that will work with each City agency, state and federal government, community organizations and non-profit groups to boost employment opportunities.
·Upgrade the skills and competencies of our workforce through better coordination of workforce development programs to ensure they are in line with current employer needs and the provision of other worker supports.
·Expand the First Source Office to better coordinate with large Providence employers and match skills needed with unemployed Providence residents.
·Expand the City’s job fair program and provide useful hands-on assistance at the fairs, including assistance in drafting resumes.
·Build neighborhood specific economic development strategies capitalizing on local strengths and assets, including existing small businesses.
·Build on existing strengths such as design services, and meds & eds to create new businesses and attract new entrepreneurs.
·Partner with Rhode Island Manufacturer’s Association (RIMA) to identify opportunities for new manufacturing businesses in Providence.
·Increase City contracting with minority-owned firms and facilitate greater use of minority-owned firms by city-based institutions included our universities and hospitals.
