Implementation:

Entrepreneurial Stewardship

Providing an environment that is supportive of entrepreneurs and small businesses is critical to promoting economic mobility for residents, neighborhood revitalization, and the overall economic success of the City. This key initiative focuses on removing barriers to small businesses and encouraging creative work opportunities that build on Springfield’s existing assets, industries, and context. This includes live-work districts, maker space, co-working spaces, and innovation districts that support arts-oriented, collaborative, and/or self-starter business opportunities. Expanding access to capital and City programs will also be key in helping businesses of all backgrounds get a more equitable chance at success in the community.

Summary of Recommendations

Chapter 8 – Economic Development

  • Goal 4.  Support Business Growth and Reinvestment in Neighborhood Commercial Hubs and Downtown
    • (4.1) Support Local Commercial Hubs
    • (4.2) Implement the Downtown
    • (4.3) Promote Entrepreneurial Stewardship
  • Goal 5.  Support Innovation, entrepreneurship, and Workforce Development
    • (5.1) Neighborhoods as Economic Engines
    • (5.2) Engage Diverse Professionals and Entrepreneurs
    • (5.4) Leverage Nearby Universities and Colleges

Status

  • The Southern Missouri Innovation Network combines the expertise and resources of two of the state’s most successful innovation hubs and over a dozen communities to accelerate workforce development, job growth, and support the next generation of industry-leading companies in the 47 counties in Southern Missouri.