SRPEDD CEDS 2023-2028

Page 22

Our Opportunities 

Our region is strategically located to build on its existing Marine Science and Technology clusters and become the center of New England’s off-shore wind industry.

Business centers across Southeastern Massachusetts – and particularly the deep-water ports of New Bedford/Fairhaven Harbor and Somerset’s Brayton Point – are all situated between two clusters of ocean-based industries. These are collectively known as “Marine Science and Technology,” or “MST-based” firms and organizations. The existing industry clusters are located on the border of our New Bedford Marine Commerce Terminal region on and around Aquidneck Island, RI, and (Manafort Brothers) Upper Cape Cod. “The sector employs nearly 15,000 sector includes activities and specialized industry workers across 136 organizations. Looking at only clusters such as off-shore wind, defense, fishing private sector employment … MST employs more people than other high-tech sectors, such as medical and aquiculture, and ocean robotics. In short, the ocean-based economy presents significant growth devices, biopharmaceuticals, and information 19 potential for our region’s economy – especially with technology & analytical instruments.” This 19 Charting the Course: A Regional Assessment of the Marine Science further investments in infrastructure, workforce and Technology Sector in Southeastern New England, 2019, UMass development, and renewed coalition-building. Dartmouth, Public Policy Center, Page i.

Improved educational attainment can be advanced through strategic workforce development that is tailored to the “biotech” manufacturing, MST-based, and healthcare industries.

The 2018 CEDS identifies workforce development as a necessary strategy for growing the region’s economy and expanding our promising industry sectors. Similarly, the 2019 Charting the Course MST study highlights the need for coordinated public-private partnerships between the region’s governments, businesses, and academic institutions – especially in the fields of engineering, systems and software engineering, acoustics, manufacturing and production. The region has the necessary foundation for these initiatives in technical high schools, community colleges, and universities. The region must therefore use successful models for workforce development from across the nation to cultivate and sustain the necessary supply of skilled workers for our region’s target industries. 22

UMass Dartmouth (Kenneth Zirkel, Wikimedia)


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M. Median Price - Single Family Home

1min
pages 65-68

C. Media Age Comparison

1min
pages 60-62

Economic Resilience

4min
pages 54-56

Performance Measures and Evaluation Framework

1min
pages 52-53

Priority Projects and Partnerships South Eastern Economic Development (SEED) Corp.

1min
pages 50-51

Mansfield Incubator or Other Workforce Development Projects

1min
page 49

Priority Projects and Partnerships

1min
page 48

Rural and Small-Town Economic Development Planning

1min
page 47

Priority Projects and Partnerships

1min
page 46

The SRPEDD Regional Resilience Plan (SRRP)

1min
page 45

Priority Projects and Partnerships New Bedford Quest Center

1min
page 44

Brownfield redevelopment opportunities in the Ten-Mile River Watershed and Beyond

1min
page 43

Priority Projects and Partnerships Ocean-Based Industry/Economic Partnerships and Initiatives

1min
page 42

UMass-Dartmouth, SMAST, and CIE

1min
page 41

Priority Projects and Partnerships

1min
page 40

North Carver Green Business Park

1min
page 37

Freetown Riverfront Executive Park

1min
page 36

Fall River Science and Technology Park, Commerce Park, and

1min
pages 35-36

Priority Sites

1min
page 34

Priority Sites

2min
pages 32-33

Program and Project Selection

1min
pages 30-31

Strategic Direction

1min
pages 28-29

Our Threats

2min
pages 26-27

Our Opportunities Brownfield remediation and redevelopment

1min
pages 24-25

Our Opportunities

2min
pages 22-23

growth

1min
page 21

Our Weaknesses

1min
page 20

Our Strengths

2min
pages 18-19

Our Strengths

1min
pages 16-17

SWOT Analysis

1min
pages 14-15

Vision Statement

1min
pages 12-13

Success Stories

1min
pages 10-11

Success Stories

1min
pages 8-9

Executive Summary Our Approach to Economic Development and the 2023 CEDS

2min
pages 4-7

M. Median Price - Single Family Home

1min
pages 65-68

C. Media Age Comparison

1min
pages 60-62

Economic Resilience

4min
pages 54-56

Performance Measures and Evaluation Framework

1min
pages 52-53

Priority Projects and Partnerships South Eastern Economic Development (SEED) Corp.

1min
pages 50-51

Mansfield Incubator or Other Workforce Development Projects

1min
page 49

Priority Projects and Partnerships

1min
page 48

Rural and Small-Town Economic Development Planning

1min
page 47

Priority Projects and Partnerships

1min
page 46

The SRPEDD Regional Resilience Plan (SRRP)

1min
page 45

Priority Projects and Partnerships New Bedford Quest Center

1min
page 44

Brownfield redevelopment opportunities in the Ten-Mile River Watershed and Beyond

1min
page 43

Priority Projects and Partnerships Ocean-Based Industry/Economic Partnerships and Initiatives

1min
page 42

UMass-Dartmouth, SMAST, and CIE

1min
page 41

Priority Projects and Partnerships

1min
page 40

North Carver Green Business Park

1min
page 37

Freetown Riverfront Executive Park

1min
page 36

Fall River Science and Technology Park, Commerce Park, and

1min
pages 35-36

Priority Sites

1min
page 34

Priority Sites

2min
pages 32-33

Program and Project Selection

1min
pages 30-31

Strategic Direction

1min
page 28

Our Threats

2min
pages 26-27

Our Opportunities Brownfield remediation and redevelopment

1min
pages 24-25

Our Opportunities

2min
pages 22-23

growth

1min
page 21

Our Weaknesses

1min
page 20

Our Strengths

2min
pages 18-19

Our Strengths

1min
pages 16-17

SWOT Analysis

1min
pages 14-15

Vision Statement

1min
pages 12-13

Success Stories

1min
pages 10-11

Success Stories

1min
pages 8-9

Executive Summary Our Approach to Economic Development and the 2023 CEDS

2min
pages 4-7
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