26-03-2025
Knoxville Chamber releases five-year vision
KNOXVILLE, Tenn. (WATE) — The Knoxville Chamber released a new 'strategic vision,' called 'Prosperity Through Innovation.'
Through this vision, the chamber wants to leverage innovation to improve Knoxville's economy and increase opportunities for all Knoxvillians. The vision is focused on innovation and preparation for the future. It includes six priorities and six initiatives.
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The priorities are to align with the 2030 Protocol and achieve the following by 2030:
Raise average annual pay 30%
Lower the poverty rate 25%
Increase the population of 25 – 54-year-olds 7%
Raise Knoxville's ranking in the Milken Institute's Best-Performing Cities from 69th to the top 10
Raise the city's innovation ranking in the Innovation Cities Index by 20 places
To meet these goals, the Knoxville chamber will seek to develop and implement an innovation-growth strategy, an innovation business expansion program, a digital education/training strategy and a Chattanooga-Knoxville-Tri-Cities partnership. They also seek to enhance efforts to attract and retain the 25- to 54-year-old demographic and update the Path to Prosperity strategies.
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'We believe that the execution of this plan will allow Knoxville to take a significant step toward positioning itself as an economic leader, ' said Dave Miller, Knoxville Chamber Board Chair and First Horizon EVP of Bank Strategy and Performance. 'Investors in the Knoxville Chamber should be proud of the work they are funding as it supports a commitment to building a brighter tomorrow.'
'Prosperity Through Innovation' supersedes the old vision, which was called 'Path to Prosperity.'
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