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Regional Economic Development Organization DevelopmentIn today’s extremely competitive market for attracting and keeping jobs, economic development organizations, with the best financial and political resources, are simply the organizations that are most successful. The Pollina Corporate experience is clear on this point. Regional economic development organizations can typically generate larger war chests for promoting their regions and can deliver the necessary incentives needed when competing with other areas. The larger and better-managed the organization, the more political influence it generally has with state economic development organizations, legislators, lieutenant governors and governors. This political influence is often essential to providing the necessary funding for incentives including infrastructure improvements, quick processing of permits, and when necessary, special programs designed specifically for larger employers. When performing site searches, regional groups are generally given priority by state economic development organizations, not only because they tend to have the greatest political clout, but they generally are the most professional and have the greatest resources available to make a deal happen. Simply put, states and site selectors prefer to work with regional groups, since these groups generally have the most professional staffs and have the political and financial power to make deals happen. If your community is not getting the attention it deserves and you would like to consider forming a regional group or if your regional organization is not performing to the best of its abilities, then Pollina Corporate can help. We can provide a thorough evaluation of what your region has to offer businesses, and how you can form an effective regional organization or improve an existing organization.
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401 Devon Ave, Park Ridge, IL, 60068 PH: (847) 685-9000 / EMAIL: bap@pollina.com |
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