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Updated: 5/2020
ORIGINAL OUTCOME:
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From 2018-2019, Friends of Southwest Virginia coordinated a region-wide effort to bring over 200 partners together to create a regional master plan for the development of the creative economy in Southwest Virginia from 2020-2022.
Over the next three years, regional economic development partners working in the creative economy cluster will increase momentum, propelling Southwest Virginia’s creative economy by:
Providing new and renewed regional services to communities, nonprofit partners and businesses. Engaging strategic partnerships that encourage region-wide collaboration for partner success. Encouraging sustainable and diverse development across all fields of the creative economy.
SOUTHWEST VIRGINIA’S CREATIVE ECONOMY RECOVERY PLAN 2020
ECONOMIC RECOVERY:
Because of the COVID-19 Crisis currently ravaging the economy of the region, state and nation, there is an immediate need to revise the overall plan to focus exclusively on economic recovery for the immediate 6-18 months (or the time necessary to stabilize the creative economy of the region). Based on the original goals of the creative economy plan, this revised Recovery Plan will emphasize immediate actions available to stabilize the region while halting some long-term goals until regional capacity and funding are available.
DEFINITION: What is the creative economy? Official definition: Innovative business development techniques finding success based on novel imaginative qualities that no longer rely on the limited resources of land, labor and capital.
The creative economy is all about assets that currently exist - from natural assets to cultural assets to intellectual assets to structural assets. The Creative Economy Strategic Plan will analyze the following areas: Business Development & Retention. Community Development. Tourism & Economic Development. Music. Artisans & Makers. Agritourism & Food. History & Heritage. Outdoor Recreation.
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SWVA Creative Economy Plan
