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07/14/2021 (3)
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07/14/2021 (3)
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10/28/2022 1:32:47 PM
Creation date
10/28/2022 1:09:40 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
07/14/2021
Meeting Body
Board of County Commissioners
Subject
Budget Workshop FY 2021/2022
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INDIAN RIVER COUNTY NONPROFIT / QUASI AGENCY REQUEST FOR FUNDING <br />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 (EDO) of the Chamber is to effectively bring together <br />and coordinate a public-private partnership which will further develop, refine, and implement programs <br />and policies to retain and grow existing targeted business; encourage new targeted businesses to locate <br />to 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 Economic Development Element in the <br />county's Comprehensive Plan. <br />Visinn <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 />population served. <br />For 100 years, the Indian River County Chamber of Commerce has served as the voice of the business <br />community, growing from thirty business leaders to an organization representing approximately 650 <br />businesses with thousands. of employees. Our award-winning organization is built upon the strengths of <br />our professional staff, volunteers, and our ability to bring consensus among diverse groups. <br />The Chamber's EDO offers the professional staff, resources, and volunteers, as well as professional <br />office space necessary to provide'service to existing businesses throughout the county for retention <br />and growth, and to those businesses exploring relocation or targeted as potential candidates for <br />relocation to Indian River County. The County Commission, the Chamber, the Economic Development <br />Council and the County's Community Development Department have identified the need for growing <br />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 EDO brings volunteer resources from business and <br />residential communities together with elected officials and representatives from the public sector to <br />assist in the implementation of the program. <br />On a regional basis, the EDO works closely with its economic development partners in neighboring <br />jurisdictions toward the common goal of promoting the region to targeted companies in the light <br />manufacturing, marine and aviation industry sectors for relocation and expansion. The Greater <br />Treasure Coast Partnership is comprised of the executives from the primary economic development <br />agencies in Martin, St. Lucie, and Indian River Counties and the President/CEO of CareerSource <br />Research Coast. The Partnership is a registered Florida non-profit corporation. Its members <br />collaborate on site consultant events, industry trade shows, skills training as well as other relevant <br />issues, to promote our region as a desirable location for businesses within the targeted industries. The <br />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 <br />from the county to offset costs. Through the Economic Leadership Alliance, the EDO received $49,315 <br />in private sector funds in FY2019/20. <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 i in this request. <br />
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