St. Stephen Revitalization and Economic Climate
While many rural small towns are struggling and expecting others to provide solutions, St. Stephen has decided to buck that trend and prove that, by adopting an entrepreneurial spirit, the town’s numerous physical, geographical and human resource assets will serve as a foundation for revitalization.
A grassroots organization known as Future St. Stephen is a key driving force behind the revitalization and economic development. It sought and received a community mandate and through a large collection of primarily dedicated volunteers has created a plan to execute.
Since September 2014, there have been over 100 new or significantly changed businesses and the trend continues. There is a real feeling of optimism. The goal is to increase the population by 1,000 people (20%) by 2025 and to rejuvenate the downtown core.