2026-2030 Economic Development Strategic Plan

The Opportunity Ahead Riverside County 6 has laid a strong foundation for growth, creating over 194,000 new private-sector jobs in the past decade and seeing a 64% surge in new business formation since 2014 7 . Looking forward, the region is poised to unlock more than $200 million in potential federal and state funding for infrastructure, workforce development, and innovation 8 . The Economic Development Strategic Plan outlines a clear vision for growth and economic prosperity that is anchored in an existing business ecosystem with key pillars for the future: It prioritizes industry diversification and growth , modernizing legacy sectors where Riverside County has a competitive edge while strategically expanding into high-growth industries, harnessing the clusters as engines of innovation and quality job creation. The EDSP emphasizes workforce development that taps into a young, diverse population and strong educational institutions that are fueling a skilled talent pipeline, with expanded training and apprenticeship programs tailored to industry needs. Riverside County will cultivate a dynamic business environment by supporting startups, expanding access to capital, and fostering innovation through collaborative networks, engaging with existing businesses and streamlining support for new investment, enhancing the prevailing business-friendly environment. The EDSP encourages infrastructure and site readiness , promoting strategic investments in transportation, digital connectivity, and land-use modernization, laying the groundwork for long-term economic growth and regional mobility, with a focus on revitalizing underutilized properties and supporting activities that ensure key sites are development-ready. The Plan encourages strengthening cross-jurisdictional partnerships and positioning the County as a strategic hub for trade, investment, and integrated regional development. The EDSP promotes efforts to elevate the region’s identity by promoting Riverside County as a destination for culture, recreation, and business, enhancing visibility and economic impact.

Focusing on livability, the Plan encourages investments in housing, healthcare, public amenities, and placemaking to create vibrant, healthy communities.

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