ECONOMIC DEVELOPMENT
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The Work of the Economic Development Committee
The Economic Development Committee (EDC) is dedicated to helping create opportunities for economic development through desirable business attraction, retention, growth, and expansion.
We work as partners to develop a climate conducive to maintaining the quality of life in this great Town of Hopkinton.
Over the years, the Town of Hopkinton has conducted many Economic Development studies and efforts:
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MTAG (Municipal Technical Assistance Grant)
In order to create a more vibrant and livable community, the EDC:
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Serves as a conduit between the commercial economic interests in Hopkinton, the municipal government, and the residents;
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Encourages the economic well-being and expansion of the existing commercial businesses located within the town;
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Responsibly assists in developing properties within the Town of Hopkinton in an effort to improve the aesthetics of the town while providing additional revenue;
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Reviews Town ordinances, policies, and practices to determine their impact on existing and proposed commercial endeavors; and
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Pursues outside sources of funding for necessary and desired projects in Hopkinton, so that vital progress can be accomplished with minimal impact to the residential tax rate.
Interested in joining our committee? Please fill out this application.
The Committee meets twice a month, on the 1st and 3rd Wednesdays, or as needed.
Please see the meeting schedule here.
The document below details the Hopkinton EDC's
vision and priorities for Economic Development
for Hopkinton.
It is a live Google Doc and is regularly maintained.
The EDC's priorities are informed by:
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the Town of Hopkinton's 2002 Master Plan and 2022 Master Plan
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the results of interviews conducted as part of the Municipal Technical Assistance Grant (2019; see more about MTAG here);
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the 2020 Master Plan Survey - view the summary and open-ended responses; and
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the EDC's months-long visioning process called the Opportunity Campaign.
Please contact awells@hopkinton-nh.gov with any questions.