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UTB-CBIRD Report: “At the Crossroads” Survey 34<br />
Table 3. 5. Key Str<strong>at</strong>egies for Economic Development in the Next 5-10 Years<br />
Economic Development Str<strong>at</strong>egy Cameron M<strong>at</strong>amoros<br />
Retention/expansion <strong>of</strong> existing industries/business 84% 73%<br />
A “Can Do” <strong>at</strong>titude for the border region ----- 78%**<br />
Promotion/support <strong>of</strong> local start-up industries/businesses 71% 73%<br />
Regional economic development plans focusing on job cre<strong>at</strong>ion 69% 71%<br />
Promotion/support local entrepreneurs high-tech-value added ind. 68% 73%<br />
Reloc<strong>at</strong>ion <strong>of</strong> industries/businesses from outside region 68% 42%<br />
Regional economic development collabor<strong>at</strong>ions 58% 64%<br />
Economic diversific<strong>at</strong>ion 58% 53 %<br />
Access to venture capital 56% 47%<br />
Cross-border economic development collabor<strong>at</strong>ions 48% 70%<br />
Promotion/support <strong>of</strong> new business incub<strong>at</strong>ors 47% 58%<br />
Free trade zones 44% -----<br />
Leveraging <strong>of</strong> community assets 40% 60%<br />
Further development <strong>of</strong> maquiladoras 36% 65%<br />
Source: UTB-CBIRD 2002<br />
**A “CAN DO” <strong>at</strong>titude for the border region was not asked <strong>of</strong> the Cameron County<br />
QUESTION 4B: Please r<strong>at</strong>e the EFFECTIVENESS <strong>of</strong> each economic development STRATEGY<br />
in your community as <strong>of</strong> TODAY.<br />
Str<strong>at</strong>egic Effectiveness: Cameron County<br />
Fifty-eight percent <strong>of</strong> Cameron County respondents are pleased with the str<strong>at</strong>egy<br />
for development <strong>of</strong> the maquila industry, followed by the effectiveness <strong>of</strong> Free<br />
Trade Zones (54%), Retention & Expansion <strong>of</strong> Existing Industry Businesses<br />
(43%), and Cross-border Economic Development Collabor<strong>at</strong>ions (40%), Table 3.6.<br />
Cameron County respondents list as least effective Promotion/Support <strong>of</strong> Local<br />
Startup Industries and Businesses (30%); Leveraging Community Assets (26%),<br />
Promotion/Support <strong>of</strong> Local Entrepreneurs in high-tech value added industries<br />
(24%), Access to Venture Capital (22%), and the Promotion & Support <strong>of</strong> New<br />
Business Incub<strong>at</strong>ors (16%).<br />
Table 3.6. Cameron County Effectiveness: Key Str<strong>at</strong>egies<br />
Effectiveness in Dealing with Economic Development Str<strong>at</strong>egies Percent<br />
Further development <strong>of</strong> maquiladoras<br />
58%<br />
Free trade zones<br />
54%<br />
Retention/expansion <strong>of</strong> existing industries/business<br />
43%<br />
Cross-border economic development collabor<strong>at</strong>ions<br />
40%<br />
Reloc<strong>at</strong>ion <strong>of</strong> industries/businesses from outside region<br />
39%<br />
Regional economic development collabor<strong>at</strong>ions <strong>of</strong> cities/countries 36%<br />
Regional economic development plans focusing on job cre<strong>at</strong>ion 34%<br />
Economic diversific<strong>at</strong>ion<br />
32%<br />
Promotion/support <strong>of</strong> local start-up industries/businesses<br />
30%<br />
Leveraging <strong>of</strong> community assets<br />
26%<br />
Promotion/support local entrepreneurs high-tech-value added ind. 24%<br />
Access to venture capital<br />
22%<br />
Promotion/support <strong>of</strong> new business incub<strong>at</strong>ors<br />
16%<br />
Source: UTB-CBIRD 2002<br />
Una Region -- Un Futuro