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07/11/2018 (4)
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1/19/2021 2:35:44 PM
Creation date
9/24/2018 11:58:12 AM
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Meetings
Meeting Type
Preliminary Budget Workshop
Document Type
Agenda Packet
Meeting Date
07/11/2018
Meeting Body
Board of County Commissioners
Subject
Budget Workshop 2018-2019
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B. Organizational Capability <br />1. Provide the mission statement and vision of your organization: <br />Mission Statement: <br />The mission of the Economic Development Office of the Chamber is to effectively bring together and <br />coordinate a public-private partnership which will further develop, refine, and implement programs and <br />policies to retain and grow existing targeted business; encourage new targeted businesses to locate in <br />the county; and facilitate relations between existing businesses, residents, and governments in a way <br />which benefits all parties while meeting the objectives of the county's Comprehensive Plan. <br />visiurr. <br />To enhance and preserve the economic well-being and quality of life of all citizens in Indian River County <br />through the execution of our mission. <br />2. Provide a brief summary of your organization, including areas of expertise, accomplishments and <br />Nupuiauun serveu. <br />For over 90 years, our Chamber has served as the voice of the business community, growing from thirty <br />business leaders to an organization representing approximately 900 businesses with tens of thousands of <br />employees. Our award-winning organization is built upon the strengths of our professional staff, <br />volunteers, and our ability to bring consensus among diverse groups. <br />The Chamber's Economic Development Office offers the professional staff, resources, and volunteers, as <br />well as professional office space necessary to provide service to existing businesses throughout the <br />county for retention and growth, and to those businesses exploring relocation or targeted as potential <br />candidates for relocation to Indian River County. The County Commission, the Chamber, the Economic <br />Development Council and the County's Community Development Department have identified the need for <br />growing quality jobs and diversifying the county tax base through balanced industrial growth, and a well - <br />organized industry development and retention effort as increasingly important to the overall economic <br />well-being of our county. The Chamber's ED Office brings volunteer resources from business and <br />residential communities together with elected officials and representatives from the public sector to assist <br />in the implementation of the program. <br />On a regional basis, the Chamber's Economic Development Office works closely with its economic <br />development partners in neighboring jurisdictions toward the common goal of promoting the region to <br />targeted companies in the light manufacturing and aviation industry sectors for relocation and expansion. <br />Florida's Research Coast Economic Development Coalition (FRCEDC) is comprised of the executives <br />from the primary economic development agencies in Martin, St. Lucie, and Indian River Counties and the <br />President/CEO of CareerSouce Research Coast. FRCEDC is a registered Florida non-profit corporation. <br />Coalition members collaborate through site consultant events, industry trade shows, and other means, to <br />promote Florida's Research Coast as a desirable location for businesses within the targeted industries. <br />The Director of the Chamber's Economic Development Office serves as Secretary/Treasurer of the <br />organization. <br />Staff continues to inform and educate the public regarding the importance of industrial growth for the <br />long-term health of our local economy and tax base. We assist in facilitating development of approved <br />industrial sites and necessary infrastructure to attract new industry and expand our existing industrial <br />base. <br />Since the early 1990s, the Chamber has developed funding sources beyond the public contribution from <br />the county to offset costs. Through the Economic Leadership Alliance, the ED Office received $47,500 in <br />private sector funds in FY2016/17. <br />The Chamber fully covers the entire cost of the facility including maintenance, utilities, plus the <br />professional services of our President and staff not noted in this request. <br />130 <br />
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