COURT HOUSE – It’s not just Cape May County that exports our college-educated residents. Statewide, business leaders concerned about New Jersey’s economic future are looking for ways to stop the out-migration of young professionals and entrepreneurs. What will make them stay? Research shows they are looking for reasonably priced housing, walkable communities, jobs, and access to transportation.
According to a release, Middle Township recognizes the need to create an environment where entrepreneurs and millennials want to live, work and play, and feels the potential for areas such as Court House and Rio Grande to be more pedestrian and bike friendly is achievable. Additionally, with tourism as the county’s main industry, attracting millennials to visit the area is also an opportunity. In November 2017, Forbes reported on millennial travels in an article “Why Millennials Are The Most Important Consumer Generation for the Travel Industry.”
Middle Township Economic Development Council invites businesses and residents to a public discussion on this topic June 5, at 6 p.m., at Atlantic Cape Community College, 341 Court House South Dennis Rd., Court House.
Millennials are the best-educated generation, so employers are moving to where millennials want to live. In Cape May County, several technology companies have relocated here and are looking for ways to attract engineers, technical experts, and entrepreneurs to the area. The challenges include a lack of housing options and year around amenities that meet the expectations of this demographic.
Two panels will lead the discussion. The first will be a combination of experts to discuss the importance of attracting this group in order to grow and maintain a strong economy now and into the future. They will also discuss what type of businesses will fill the gap.
The second panel will consist of local, young entrepreneurs who have established businesses in the area: why they chose Cape May County, as well as the opportunities, challenges, and what they think we need to grow our local economy.
Those who would like to participate in one of the panels, are asked to contact Elizabeth Terenik, business administrator, at (609) 465-8732 or eterenik@middletownship.com
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