Site Selector Newsletter - August 2011

Introducing JAXUSA Partnership

Cornerstone is excited to announce its new name - JAXUSA Partnership. The new name makes a direct connection to the Northeast Florida region and showcases our geographical location in the United States. Economic development efforts continue to shift to a global focus and an identity that is easily recognizable to companies around the world is more important than ever. JAX is our airport code and also reflects on JAXPORT our growing port system, both of which are regional in character.

Opportunities in the international marketplace are growing. Just six years ago, only 10 percent of the region's new business leads represented the international market. Now, one third of Northeast Florida’s  economic development prospects come from outside of the United States and involve a foreign corporation.

JAXUSA Partnership works to recruit and develop jobs and talent for the region and the new name will make it easier for you and company executives to find us when looking for their next expansion location.

Read more about our name change

 

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'Guess Which City' Employs 10 Percent of its Workforce in the Financial Sector

 

The second installment in our 'Guess Which City' advertising campaign promotes our talented financial services workforce. Jacksonville’s financial services industry continues to be one of the top performing target industries in our region. With 10 percent of our 700,000 workforce employed in this sector, there is always an abundant pool of experienced workers for every business function. Over the past year Jacksonville has announced several significant financial services projects, including an expansion by Bank of America Merrill Lynch, which added 1,000 jobs, and most recently Everbank expanded its operations and added 200 jobs. To learn more about the finance and insurance services industry in our region take a look at our business case.

 

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Jacksonville's New Mayor Means 'Economic Development' Business

 

Jacksonville has elected a new mayor whose first priority is economic development and job creation. He is a dynamic and innovative leader who values public/private partnership. He has asked JAXUSA Partnership and our Chamber to join the city in restructuring how the economic development process works in order to streamline the incentive process, elimimate red tape and, dramtically increase our business compeitiveness. We are working with our regional partners to take what we learn in this process and apply it across Northeast Florida.

 

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Innovate Northeast Florida Launches Website

 

JAXUSA Partnership and the Northeast Florida Regional Council launched the website for Innovate Northeast Florida, the region's new economic development initiative. Together with Avalanche Consulting, McCallum Sweeney, the Council for Adult and Experiential Learning and Infinity Global Solutions, JAXUSA will identify the target industries and sub-clusters that will stimulate future economic growth and target jobs and talent for the future. Visit innovatenortheastflorida.com today to learn about the project. Support for this project is also being provided by WorkSource.

Here are a few reasons why Innovate Northeast Florida is important for our region:

• We are getting more specific within our targeted industries to identify our greatest competitive advantages.
• We are researching opportunities that will align with our implementation strategies.
• We are looking at our overall strategy in economic development, including how we are structured to best work with you and companies around the world.
  

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Baker, Clay, Duval, Flagler, Nassau, Putnam and St. Johns Counties
3 Independent Drive • Jacksonville Fl 32202 • 904.366.6639
bizrelo@jacksonvillechamber.org • www.jaxusa.org
Where the Future Leads®