If you talk to anyone involved with economic development in our region, the phrase “targeted industry sectors” is certain to be mentioned at some point in the conversation.
And while it may sound like insider jargon, it actually is a fundamental building block for smart, sustainable growth in our area for years to come.
Like a business that markets itself to potential customers with the greatest likelihood for long-term sales, the Economic Development Council of Tallahassee/ Leon County has identified six industry sectors that match the region’s strengths, goals and assets, as well as provide for a diversified and sustainable regional economy.
The targeted sectors are Advanced Manufacturing, Health Sciences & Human Performance Enhancement, Information Technology, Renewable Energy and Environment, Aviation & Aerospace, and Transportation & Logistics, as well as the supporting fields of engineering and research. They were chosen based upon the opportunity for growth, creation of quality jobs at above-average wages, a role in regional development, and their connections to other industries.
Through the EDC’s First Focus on Local Business program, each sector has a corresponding roundtable that collaborates with local and state organizations to provide business resources and advocacy for the sector. In fact, several of the roundtables have evolved into independent organizations or chapters of state associations. Through the nurturing of the EDC, they have taken on a life of their own and are having a significant impact in their respective fields.
Being focused on specific sectors also allows the business community, local governments and our outstanding area universities and colleges to work together on specific projects and jobtraining initiatives. It is the cooperation of these entities that makes our efforts successful in helping local businesses expand and attracting innovative companies to our area.
These are not the only kinds of businesses in which we have an interest. The EDC regularly assists local firms from a variety of industries with building relocations, securing grants and tax incentives, and developing training programs for their workforce needs. We are a resource for all companies that want to provide good jobs and contribute to the wellbeing of the community.
Another advantage to focusing on high-growth industry sectors is the benefits they provide to the rest of our business community. Every time a local business expands or a company relocates here, jobs are created for people who also eat, shop, need lodging for guests — and pay taxes that support all our critical services.
When business finds success in Tallahassee, we all benefit. And we are working very hard to make sure the businesses in these six targeted sectors lead the way.
