Business Recruitment & Retention GA Department of Economic Development Fall 2011
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- Slide 1
- Business Recruitment & Retention GA Department of Economic
Development Fall 2011
- Slide 2
- About the Georgia Department of Economic Development Georgias
lead sales and marketing arm Global Commerce Tourism Film, Music
& Digital Entertainment
- Slide 3
- Global Commerce Our Strategic Vision
- Slide 4
- Existing Industry & Regional Recruitment Georgia Department
of Economic Development Regional Services Map
- Slide 5
- Georgia in the World
- Slide 6
- Georgia on the Global Stage 70 countries are represented in
Georgia through: 25 Career Consulates 50 Honorary Consulates 37
Trade Commissions and Bilateral Chambers of Commerce International
Concierge
- Slide 7
- Over 3,622 internationally-owned facilities Over 1,043
international manufacturing plants 114 consulates, trade offices
and honorary consulates and bi-national chambers of commerce 64
countries represented 10 Georgia representation offices in the
world Georgia exports to 216 countries $60.2 billion, ranking
Georgia 9 th among the U.S. states. Georgia: Global Business
Center
- Slide 8
- Recruitment, Expansion & Retention Prospective AND Existing
companies Information, logistical support, site selection process
Projects cover a broad range of industry types: Headquarters
Manufacturing Distribution Telecommunications
- Slide 9
- Business Retention Existing Industry: 70% of New Job Growth
Less Expensive Community Image Supplier Recruitment
- Slide 10
- Georgias Strategic Industries Advanced Communications Advanced
Manufacturing Business & Financial Services Aerospace
Agribusiness Bioscience Energy Logistics
- Slide 11
- The Project Process The Project Process Qualified leads become
project with assigned code name PM determines location requirements
& project drivers Prospect evaluates various state/ community
submissions and disqualifies locations Visits arranged and
conducted with prospect, PM and local ED team Leads Developed from
various sources MOU development; Prospect locates in state! Initial
site/ building/ community database search conducted Prospect
identifies possible locations for the project; additional visits
may be arranged Prospect requests best and final offer from
communities
- Slide 12
- Community & Building Information www.ga-sites.com
www.georgiafacts.net www.locationgeorgia.com
www.selectgeorgia.net
- Slide 13
- Confidentiality Vitally important to the company and the
community Code names Non-disclosure agreements Local media,
politics Dangers of social networking sites What happens if your
community has difficulties with confidentiality?
- Slide 14
- New & Expanded Industry Announcements Fiscal
Year2007200820092010 2011 Announcements281321327335360 Investment
$2.78 billion $3.26 billion $2.55 billion $3.74 billion $4.39
billion Jobs17,38519,66817,46719,46222,022
Leads1,1811,3861,4021,3061107 % Leads/Locations23% 26%33%
- Slide 15
- States Advantages for Business & Industry Logistics
Workforce Operating costs International business connections
Business environment Quality of life
- Slide 16
- Why Georgia: Strategic Location 4 th fastest growing U.S. State
Largest state east of the Mississippi River 9 th most populous
State with 9.7 million, 10.8 million by 2015
- Slide 17
- Business Rankings #1 in fiscal policies (Laffer Report) #1
regulatory environment (Forbes Magazine) #1 in workforce training
(Expansion Management) #2 in transportation (Site Selection
Magazine) #3 in workforce (CNBC) #3 in entrepreneurial activities
(Kauffman Foundation) #3 in business climate (Site Selection
Magazine) #4 in economic dynamism, a measure of innovative and
fast-growing firms (State New Economy Index) #4 most Fortune 500
companies in a state (Fortune) 6th best state for business (Forbes
Magazine)
- Slide 18
- State Incentives and Partners Training & Hiring Tax Credits
& Exemptions HOPE Financing Infrastructure & Permitting
Site Location and Facility Assistance Business Plan Helping
Outstanding Pupils Educationally
- Slide 19
- Workforce Training & Development Workforce Training &
Development Centers of Innovation University System of Georgia
Coordinated Training & Hiring Georgia Quick Start Georgia
Department of Labor HOPE Scholarship & Grant Georgia Work Ready
Hire Work Ready Helping Outstanding Pupils Educationally
- Slide 20
- Georgia Work Ready 240,122 Work Ready Certificates 17%
available workforce at gold or higher 156 participating counties
104 Certified Work Ready Communities 4 have been recertified 584
Work Ready job profiles 18 Work Ready Regions 1,030 companies
recognize Work Ready
- Slide 21
- Promise for the Future Entrepreneur Friendly Initiative Ft.
Benning & Moody AFB expansions Kia plant began production
Delta-Northwest merger increases world connectivity Savannah harbor
deepening
- Slide 22
- Partnerships are Key Existing industries Communities State
agencies Utilities and railroads Education community Business
community Federal agencies
- Slide 23
- www.georgia.org