Economic Development

Village Hall:
T:248-634-9571
F:248-634-4211
202 S. Saginaw Street

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The Economic Development Department focuses its efforts on the following areas: business retention and expansion, industry attraction and development support services. The department takes a lead role in promoting the Village of Holly for new development projects, working with local firms to facilitate expansions, and helping entrepreneurs start new business enterprises. The goal of the department’s economic development activities is the creation of new jobs, the expansion and diversification of the local tax base, and stimulation of the local economy through increased disposable income. The department also works closely with other development organizations like the Downtown Development Authority, the Holly Chamber of Commerce  to create a comprehensive approach to Holly’s economic development efforts.

Business Retention and Expansion
Research has shown that existing firms that grow create the majority of net new jobs. By paying attention to local industry concerns and creating a positive local business climate, communities can stimulate industry expansions and entrepreneurial efforts. The Economic Development Department oversees a Local Industry Visitation Program designed to facilitate public/private communications and to identify obstacles to expansion. Where an expansion project or problem is identified, the department takes a lead role in providing assistance in identifying development sites, explaining state and local permitting procedures, and in securing financing through federal and state financing programs.

Industry Attraction
The Economic Development Department works with the company to identify sites, determine local costs, and address other issues as needed. 

Development Support Services
The Economic Development Agency serves as a one-stop source of information and assistance on the various aspects of the site location process. These development support services are available to local firms seeking to expand, to new companies considering Holly for a new facility, and to entrepreneurs planning to start a new firm. The department researches specific topics on request. Where a specific local action is needed to facilitate a development project, the department will coordinate and help prepare the necessary documents.