The Northwest Arkansas Economic Development District is showing its support to Mountain Home’s efforts to revitalize the downtown area and support the small business community. The district was able to secure grant funding through the U.S. Department of Agriculture’s Rural Development, and Downtown Strategies, a division of Retail Strategies, will spearhead the development of a comprehensive five-year action plan for the area and offer training opportunities for small business owners.
Mountain Home Mayor Hillrey Adams said in a statement, “Our goal is to cultivate a downtown area that embodies the spirit of Mountain Home and creates a place for economic vitality. With the support and expertise of Downtown Strategies, we are eager to start the journey towards growth and revitalization.”
NWAEDD Community Development Coordinator Chelsey Weaver also released a statement. She says, “We look forward to collaborating with the leaders in Mountain Home and the Downtown Strategies team to revitalize the heart of this community. Downtown rejuvenation plays a crucial role in fostering economic growth, and we believe that this partnership will contribute significantly to that goal.”
According to Retail Strategies, the five-year action plan focuses on market analysis, policy and administration, design, tourism and promotion, and economic vitality, aiming to enhance the sustainability and resilience of the community’s small businesses.
Retail Strategies Vice President of Client Services Clay Craft says, “Mountain Home has a diverse economy with thriving healthcare, retail, and tourism sectors. With the assistance of NWAEDD, our team is going to make a real impact for the downtown district in Mountain Home as well as supporting local business owners which is important to the city. We’re excited to make an impact in the community.”
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