1,000 jobs have been lost in the town over the past 20 years and a group representing residents and traders wants to turn its fortunes around.
Between 1960 and 1980 Langholm was at its economic peak, with over 1,000 people employed by seven local businesses, these businesses are now all closed, with the last major employer Edinburgh Woollen Mill moving their head office to Carlisle further reducing local employment.
The group argues that the town's resources are under-utilised, and wants to engage stakeholders to raise money to develop the town to make it a more attractive place to live, work and visit.
One of the measures proposed by the group is lobbying for the Borders Railway extension to pass through Langholm.
The Alliance heard today that a full time worker has been appointed by the South of Scotland Economic Partnership to support its work.
By 2030 Langholm will be a celebrated hub for small business and quality textiles and a renowned visitor destination for its natural environment, its rich heritage, and its quality produce. Langholm is a natural home to small business and enterprise including modern textile manufacture and craftsmanship. The town is rich with people, spaces and connectivity to support business. We envisage the development of connected businesses under a Langholm brand that is synonymous with quality craftsmanship and builds on the rich heritage of the town.