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Galveston Economic Development Partnership outlines retention program, shipbuilding push and life-sciences incubator in quarterly update
Summary
The Galveston Economic Development Partnership presented its quarterly work plan to the IDC, emphasizing a business retention and expansion program, marketing and attraction efforts including Project Juno (shipyard acquisition), and opening UTMB life-sciences incubator space to all Galveston businesses.
Joshua Owens, executive director of the Galveston Economic Development Partnership, delivered a quarterly update to the Industrial Development Corporation Aug. 5, outlining the GEDP’s priorities for 2025: business retention and expansion, marketing and attraction (including maritime and life-sciences focus), and updating commercial property data and developer profiles.
Owens said GEDP’s business retention and expansion program will use a standardized survey of local employers to identify challenges and connect firms to technical assistance; the group aims to complete 14 additional surveys by year’s end. He described the…
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