2026-2030 Economic Development Strategic Plan

Highlighted Strategic Actions: • Hold “Next Wave Venture Capital Forum” to connect emerging, next generation of startups to potential investors. • Utilize and expand RivCo Small Business Thrive Program as a connection point and referral network for small business financing options. Regional Connectivity and Trade Expansion Aims to enhance economic integration by strengthening partnerships across jurisdictions and positioning the region as a strategic hub for trade and investment. This includes coordinating development efforts, promoting business relocation, and fostering collaboration among public and private stakeholders to support cohesive, cross-regional growth. Highlighted Strategic Actions: • International Consulate Engagement Program which will position Riverside County as a premier destination for FDI, trade partnerships and cultural exchange, by hosting targeted visits from international consulates. • Create/host SelectUSA investment summit (or spinoff event) or create “Invest RivCo” summit with emphasis on FDI. Regional Branding and Tourism Focuses on elevating the region’s identity by promoting its unique assets, cultural richness, and quality of life. This includes launching cohesive branding campaigns, investing in signature events to attract visitors, and integrating tourism with broader economic development efforts to amplify marketing and business opportunities. Highlighted Strategic Actions: • Develop and distribute brand activation toolkit to economic development partners to utilize branding assets and messaging across the region as applicable. • Create Countywide portal for events that take place within the County and distribute among the visitor network. Quality of Life and Community Development Concentrates on creating healthy and vibrant communities by expanding access to affordable housing, healthcare, and public amenities. This strategy supports placemaking efforts that enhance public spaces and cultural assets, while promoting livability and long-term community well-being. Highlighted Strategic Actions: • Encourage the development of clinics, hospitals or deployment of mobile health clinics to areas of need within the county. • Develop a subregional mobility and connectivity framework that integrates complete streets, public transit, and rail to create safer, more accessible, and multimodal transportation options across Riverside County.

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