Business Retention and Expansion
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- Eunice Holt
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1 Presentation to City of Blue Springs Developer s Workshop Business Retention and Expansion February 10, 2010
2 Why Business Retention and Expansion? Research shows that 70% or more of new jobs and investment will come from existing companies in a community. By investing efforts in sustaining the base of our economy we position ourselves to accelerate in growth when those opportunities present themselves.
3 Why Business Outreach? To develop and manage existing relationships with local businesses and resource partners to aid in the retention and expansion of the local business community.
4 Formal confidential visitation program *Grow Blue Springs existing business visitation program *Blue Springs CAREs 12 person visitation team (Downtown Corridor Survey) Goal of the program is to: Retain local businesses Retain local jobs Assist businesses with expansion opportunities Assist businesses with creating new jobs Assist in problem identification and problem solving issues faced by local business and work together for a resolution Monitor business and workforce status in the business community Report out trends that are being recorded for the community
5 Business Development Workshops Missouri Enterprise Series Micro Entrepreneur Series Incentive Training Exporting sessions releases regarding training topics local, state and federal Global Entrepreneur Week Sessions
6 Partners/Alliances Outreach (partial list) Local Regional KC Metro State Federal Eastern Jackson County Development Alliance 9 communities in Eastern Jackson County that come together to maximize expertise, funding and resources to market Eastern Jackson County as a region OneConnect Eastern Jackson County - resource development and management collaboration with EJCDA Blue Springs leads this initiative Missouri Career Center resource for both job seekers and for business Missouri Department of Economic Development programs designed to enhance Missouri s economy Missouri Enterprise range of hands on business, technical and manufacturing services Full Employment Council regional business retention coordinator for layoff aversions and company closings, reporting to the federal government KC SourceLink metro wide resource/18 counties for the entrepreneur and small business owners Metropolitan Community Colleges local community college partner providing educational opportunities for students, businesses, and the community
7 Community Outreach Local Business and Leadership Organizations City of Blue Springs Blue Springs Chamber of Commerce Eastern Jackson County Builders Alliance Blue Springs Business Association Blue Springs Brokers Forum Blue Springs Downtown Main Center Stand Up Blue Springs Eastern Jackson County Betterment Council (Council of EJC Mayors)
8 Real Estate Coordination/Outreach Location One Real Estate inventory tool Local engagement with real estate professionals Eastern Jackson County Realtors Forum EJC Builders engagement Professional and Industry Outreach Business Retention Expansion International (BREI) state of Missouri Chair Business Retention Expansion International board of directors By staying active with professional international organization for retention and expansion, we are able to learn about best practices and cutting edge ideas, that can be brought back to our community for application.
9 Closing In the end, all of these areas offer assistance to the local business community to retain their business and employees in Blue Springs, and when they are ready to grow and expand, the relationship is already established and it becomes a win win situation for the business and the community. For more information, please contact: Sher Lopez slopez@bluespringsedc.com
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