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2005 A Year In Review

2005 A Year In Review. SANDUSKY COUNTY ECONOMIC DEVELOPMENT CORPORATION’S MISSION STATEMENT. To improve the economic well-being of Sandusky Country. 2005’s Annual Goals. 1 st Goal Provide Support for Existing Business & Industry. 2 nd Goal Recruit New Business & Industry.

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2005 A Year In Review

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  1. 2005 A Year In Review

  2. SANDUSKY COUNTY ECONOMIC DEVELOPMENT CORPORATION’S MISSION STATEMENT • To improve the economic well-being of Sandusky Country.

  3. 2005’s Annual Goals • 1st Goal Provide Support for Existing Business & Industry. • 2nd Goal Recruit New Business & Industry. • 3rd Goal Support the Continued Growth & Progress of the Sandusky County Regional Airport. • 4th Goal Bring the Capital Campaign to a Successful Closure.

  4. Goal # 1 Provide Support for Existing Business & Industry. Execute a minimum of 20 Retention & Expansion related visits. 31 Completed R&E Visits • 7 - e-Synchronist Surveys completed • 18 - R&E visits without Survey participation • 6 - New Business Start-up Visits

  5. Goal # 1 Provide Support for Existing Business & Industry. Continue the Manufacturers Roundtable. 3 Manufacturers’ Roundtables: • 01/28/05 - Terra State Community College Programs • 04/22/05 - Meeting w/ State & Federal Legislative Representatives • 11/1/05 - Lean Manufacturing at Whirlpool-Clyde Division

  6. Goal # 1 Provide Support for Existing Business & Industry. Coordinate a Industrial Focused Seminar Addressing Import/Export with China • 05/06/05 “China Challenge” Seminar was held at Terra State Community College • Partnered with Ottawa & Seneca Counties Economic Groups

  7. Goal # 1 Provide Support for Existing Business & Industry. • Provide legislative representation in addressing business concerns. • NORED Legislative Committee – Chair • OEDA Legislative Luncheons – Columbus • Area 7 Workforce Investment State Board

  8. Goal # 1 Provide Support for Existing Business & Industry. Coordinate the delivery of expansion support services. • Fisher & Paykel (Whirlpool-Clyde Division Supplier) • Hampton Inn & Suites (Infrastructure Needs)

  9. Goal #2 Recruit New Business & Industry. Oversee the Ohio Department of Development's E-Procure New Business Lead Program for Sandusky County. • 62 - 2005 Ohio leads from ODOD. • Sandusky County met the criteria and responded to 10 of the state leads in 2005.

  10. Goal #2 Recruit New Business & Industry. Develop an ongoing public relations strategy that supports the advantages of doing business in Sandusky County. • Team Ohio Activities • NORED Activities

  11. Goal #2 Recruit New Business & Industry. Develop and maintain a comprehensive database featuring available Industrial Sites & Buildings throughout Sandusky County. • Partnered with NORED for comprehensive website listing.

  12. Goal #2 Recruit New Business & Industry. Continue to enhance the SCEDC Website to deliver current economic information. • Updates continued throughout 2005 under the leadership of the Marketing Committee and SCEDC Staff.

  13. Goal #3 Support the Continued Growth & Progress of the Sandusky County Regional Airport. Continue the support needed to address the marketing strategy of the airport. • Assisted with the marketing plans for the Open House 09/25/05. • Provided up-to-date Airport Activities Data to Sandusky County Businesses during R&E Visits.

  14. Goal #3 Support the Continued Growth & Progress of the Sandusky County Regional Airport. Provide the leadership necessary for proposed industrial park development around the airport. • Met with City of Clyde and Utility Officials to address utility needs for future industrial development around the airport. • The Industrial Park Taskforce continued to meet throughout 2005. • 07/15/05 Visit to Willow Run Airport, Michigan. • Provided grant support for TR 220 Road upgrades leading to the airport.

  15. Goal #4 Bring the Capital Campaign to a Successful Closure. Coordinate business pledge closures with non-committed businesses. • Met with 7 Businesses with 5 Pledges gained. • New pledge dollars averaged $1,000 per year. • The 2005 Default Rate closed at <1% (3% was budgeted).

  16. Goal #4 Bring the Capital Campaign to a Successful Closure. Oversee the annual budget and organizational activities. • 2005 Total Income closed at $216,356. • 2005 Total Expenses closed at $203,734 • 2005 Year-end Net Income was $9,692. (Budget $2,246 for Net Income)

  17. Thank You!

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