Laserfiche WebLink
11. How we conduct EDC Business Development <br /> For IRC EDC to be a competitive operation I think we need to look at surrounding and similar <br /> Counties on how they operate their EDC operations. Are they public, private combined efforts? <br /> What companies have been most successfiil in expanding their existing and new business bases? <br /> What are they doing that we are not. <br /> How are they funded, what role does the public sector provide? <br /> If we are competing for the same share of these new businesses that Gov. Scott has been working <br /> hard to recruited to come to Florida we need to be out front with innovations and ideas so that we <br /> stand out. <br /> A recent in house competitive review of the adjoining counties was completed and could be used <br /> as a starting point. <br /> Resources of outside nonmembers for special projects like these. Listed is a partial list or willing <br /> participants. Ralph Poppell, Dan Richie, Kevin Berry, John Dyer, and many others have offered <br /> to assist in being part of effort. <br /> 12.EB-5 Immigrant Investor <br /> USCIS administers the Immigrant Investor Program,also known as "EB-5,"created by Congress <br /> in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign <br /> investors.Under a pilot immigration program first enacted in 1992 and regularly reauthorized <br /> since,certain EB-5 visas also are set aside for investors in Regional Centers designated by <br /> USCIS based on proposals for promoting economic growth. <br /> All EB-5 investors must invest in a new commercial enterprise and invest$500,000 to <br /> 1,000,000 in the new enterprise. <br /> Indian River County especially Fellsmere has hosted many foreign visitors looking to invest in. <br /> US Companies via the EBS Program. <br /> We should look to see how we can maximize this program by identifying all possible means to <br /> increase exposure for the County. <br /> 060 <br /> 4 <br /> 66 <br />