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07/13/2022
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07/13/2022
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Last modified
10/28/2022 12:48:45 PM
Creation date
10/28/2022 10:35:32 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
07/13/2022
Meeting Body
Board of County Commissioners
Subject
2022/2023 Budget Workshop Meeting
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B. Organizational Capability <br />1. Provide the mission statement and vision of your organization: <br />fission Statement: <br />he mission of the Economic Development Office (EDO) of the Chamber is to effectively bring together and coordinate a <br />ublic-private partnership which will further develop, refine, and implement programs and policies to retain and grow <br />existing targeted business; encourage new targeted businesses to locate to the county; and facilitate relations between <br />existing businesses, residents, and governments in a way which benefits all parties while meeting the objectives of the <br />Economic Development Element in the county's Comprehensive Plan. <br />Vision: <br />To enhance and preserve the economic well-being and quality of life of all citizens in Indian River County through the <br />execution of our mission. <br />z. rrovlae a oner summary or your organization, incivamg areas or expertise, accompiisnments and population served. <br />For 100+ years, the Indian River County Chamber of Commerce has served as the voice of the business community, <br />growing from thirty business leaders to an organization representing approximately 650 businesses with thousands of <br />employees. Our award-winning organization is built upon the strengths of our professional staff, volunteers, and our <br />ability to bring consensus among diverse groups. <br />The Chamber's EDO offers the professional staff, resources, and volunteers, as well as professional office space <br />necessary to provide service to existing businesses throughout the county for retention and growth, and to those <br />businesses exploring relocation or targeted as potential candidates for relocation to Indian River County. The County <br />Commission, the Chamber, the Economic Development Council and the County's Community Development <br />Department have identified the need for growing quality jobs and diversifying the county tax base through balanced <br />industrial growth, and a well -organized industry development and retention effort as increasingly important to the overall <br />economic well-being of our county. The Chamber's EDO brings volunteer resources from the business community <br />together with elected officials and other representatives from the public sector to assist in the implementation of the <br />program. <br />n a regional basis, the EDO works with its economic development partners in neighboring jurisdictions toward the <br />common goal of promoting the region to targeted companies in the light manufacturing, marine and aviation industry <br />sectors for relocation and expansion. EDOs in the region often collaborate on site consultant events, industry trade <br />shows, skills training as well as other issues that have a common thread throughout the tri -county region, to promote <br />the area as a desirable location for businesses within the targeted industries. <br />The Economic Development Director is on the Board of the Treasure Coast Manufacturers Association, an organization <br />that serves as a resource to manufacturers in the tri -county region while promoting and encouraging an increased <br />awareness of the benefits of employment within this industry sector. She has also served on the board of CareerSource <br />Research Coast and as a member of the Treasure Coast Regional Planning Council CEDS Committee for over 15 <br />years. <br />Economic Development staff continues to inform and educate the public regarding the importance of industrial growth <br />for the long-term health of our local economy and tax base. We assist in facilitating development of approved industrial <br />sites and necessary infrastructure to attract new industry and expand our existing industrial base. <br />Since the early 1990s, the Chamber has developed funding sources beyond the public contribution from the county to <br />offset costs. Through the Economic Leadership Alliance, the EDO received $26,600 in private sector funds in <br />FY2020/21 — much lower figure due to the effects from COVID. <br />The Chamber fully covers the entire cost of the facility including maintenance, utilities, plus the professional services of <br />our President and staff not reflected in this request. <br />• <br />
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