Joint Workshop for Economic Development

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(No Transcript)
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We MUST diversify the local economy!
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Who are WE?
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• Retain and encourage the expansion of existing
  business
• Improve the business climate in Lee County
• Attract new and diversified employment to the area

Our Mission
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• Public / private partnership established in 1991
• Advises Lee Board of County Commissioners on
  economic issues
• Horizon Foundation raises private funds to
  support economic development
• Members come from public and private sector

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EDO Structure
Executive / Administrative
Business Recruitment
Target Industries Locations
Business Assistance
Existing Business Expansion General Inquiries /
Information Workforce
Marketing Communications
Research Brand Development Online Initiatives
Support
Horizon Council / Foundation Industrial Dev.
Authority
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Horizon Council Membership
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Industrial Development Authority

• Members appointed by Lee Board of County
  Commissioners
• Administers
• Industrial Revenue Bonds
• Tax exempt
• Lee Countys Incentive Program
• Economic Development Marketing Budget

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Lee Board of County Commissioners
Lee County Manager
PROFESSIONAL STAFF
ADVISORY FUND-RAISING
BONDS FUND ADMINISTRATION
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Diversification
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YESTERDAY
TOMORROW
TODAY
DIVERSIFIED INDUSTRIES! Corporate
HQS. Information Life Sciences Professional,
Scientific Technical
Agriculture Construction Tourism
Construction Tourism Healthcare
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The time is right!
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What is the most important issue facing the State
of Florida today?
2008 SUNSHINE STATE SURVEY
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Random sample survey of 1,200 Florida residents
conducted Nov. 17-23, 2008, by Mason-Dixon
Polling Research Inc.
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Floridians say
2008 SUNSHINE STATE SURVEY

• Economy and jobs are the most important statewide
  issues.
• State and local governments should offer
  incentives to attract, retain and re-locate
  businesses to state.

Random sample survey of 1,200 Florida residents
conducted Nov. 17-23, 2008, by Mason-Dixon
Polling Research Inc.
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THE ALTERNATIVE
Property Taxes
Jobs / Wages
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How do we diversify?
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Information Technologies
Life Sciences
Aviation
Corporate Headquarters
Back Office/Shared Services
Manufacturing/Clean Tech
We focus on specific targets!
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Our Targets

• Private or closely held companies

Employ 100 people
Wages higher than Lee County average
Sales not dependent on local economy
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THE PLAN

• Maintain current strong EDO focus on local
  businesses
• Increase national awareness of Lee County as a
  business destination
• Enlist the community in prospect identification

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21st Century Oncology Ad Systems Alorica, Inc. B
I Contractors Breeze Newspapers Chicos
FAS Colonial Bank Comcast Croci-North
America Ecological Laboratories Source Interlink
Company Stevens Industries Storm Smart Synergy
Networks Tigris Pharmaceuticals United Parcel
Service
BUSINESSES WHICH GREW DURING PAST FIVE YEARS
25 of current EDO staff is devoted to local
business expansion
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Increased Awareness

• New branding strategy with two concurrent tracks
• Greater focus on National site selectors and
  prospects
• Local community
• Enhanced web offerings
• 25 million incentive program
• National promotion of local success stories

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Research Results
NATIONAL SITE SELECTORS
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Leading Strategies
GREATER FOCUS ON NATIONAL SITE SELECTORS

• Enhanced web offerings
• Emphasize incentive dollars 25 million

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Research Results
LOCAL STAKEHOLDERS
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Heres what YOU can do to help!
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Understand our assets
Bring us prospects
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Understanding Our Assets
We offer

• Attractive location and superior quality of life
• Business friendly community government
• Growing population and educated workforce
• Competitive 25 million Incentive Fund

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We are already a success story for many
innovative businesses
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Local Industry Success Stories

• Branch of worlds leading information technology
  research and advisory company
• Recently announced major expansion in Lee County

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Local Industry Success Stories

• Leading national developer and operator of
  radiation therapy centers
• Corporate Headquarters expansion in Fort Myers
  will create 140 new jobs bringing Lee County
  total employees to 1,000

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Local Industry Success Stories

• Testing breakthrough therapies for cancer
  patients
• Former Eli Lily pharmaceutical execs open new
  business in Lee County

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Local Industry Success Stories

• International biotech company specializing in the
  environmentally friendly treatment of water
• Currently 35 employees in 50,000 sq ft Cape Coral
  facility and growing

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Local Industry Success Stories

• America's leading supplier of precision frequency
  control products to the worldwide electronics
  market

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Local Industry Success Stories

• A world leader in fluid filtration systems for
  the aviation and healthcare industries

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Local Industry Success Stories

• Specialty clothing retailer started on Sanibel in
  1983
• Today, sells three national brands in 1,000
  stores across America

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Local Industry Success Stories

• Forecast to manufacture and sell 4.5 million
  pieces of premium chocolate this year from Fort
  Myers facility
• Godiva one of many national clients

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Understanding Our Assets
EDUCATION
Southwest Florida colleges and universities
already produce 2,600 graduates annually in
these fields
Computer Technology Biotechnology Engineering Mana
gement Nursing Psychology Public
Administration Construction Marketing Agribusiness
Life Sciences Education Hospitality Mgmt
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Understanding Our Assets
SW Florida International Airport

• New midfield terminal, 28 gates can be expanded
  to 65
• 21 carriers, 37 non-stop destinations
• Parallel runway planned
• Land available for office, industrial
  commercial development

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Understanding Our Assets
REGIONAL COOPERATION
Regional Business Incubator Project

• Southwest Florida
• Economic Development Partners

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Understanding Our Assets
THE INCENTIVE FUND

• Initiated by Horizon Council
• Approved unanimously by BOCC

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Bring Us Prospects!
Yes it can work!
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Businesses Located in Lee County Because of Prior
Community Relationships

• Gartner
• Source Interlink
• Shaw Development
• EZ Picker Golf
• Ecological Laboratories
• Norman Love Confections
• Lynx Services

PARTIAL LIST
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Current EDO Expansions/Locations
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Current EDO Expansions/Locations
39.1 M
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Steve Shimp Ron Inge Jim Moore
[phone]
sshimp_at_leecountybusiness.com ringe_at_leecountybusine
ss.com moorejw_at_leegov.com
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Lets work together for Lee Countys future.
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Thank You!