Existing firms within any community are the engines of economic growth and set the stage for the local business climate, create new jobs and improve the community’s overall prosperity and quality of life. As such, Summit County and its partner organizations have identified the need for a formal Business Expansion and Retention (BEAR) program in Summit County.
Central to the County’s BEAR program is a business outreach and visitation program. The data gleaned from this initiative will be used to highlight common systemic issues, improve or design program resources, and economic development strategies in the County.
The County’s BEAR program is a county-wide effort to investigate opportunities that improve the profitability of local businesses, acknowledge their inherent value to the region, and develop relevant business resources and to assist local companies:
Identify issues that impede business growth and economic diversification
Build relationships and express an appreciation to community businesses for their contribution to the local, regional and state economy
Facilitate businesses access to local, state and federal programs designed to improve their competitiveness
If you are a business in Summit County and would like to schedule a Business Expansion & Retention visit, please call 435-336-3221 or email Jeffrey B. Jones, AICP to set up an appointment.
Personal income increased $26.1 billion, or 0.1 percent at a monthly rate, while consumer spending increased $155.4 billion, or 1.0 percent, in June. Compensation increased in June while pandemic-related assistance programs declined.