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Lubbock's DNA (LEDA: non-profit, eco dev corp (Programs (partnership…

- - - - companies
      - site selection consultants
      - corporate real estate execs
    - - promote economic growth by (1) creating high quality jobs (2) investing in new capital improvements (3) improving lbk's quality of life
        
        by building partnerships with (1) corps and (2) individuals
        
        primary departments (1) biz recruitment (2) biz retention (3) workforce dev (4) Marketing (5) Foreign trade zone
      - part of Intl Eco Dev Council (IDEC) : world's largest non-profit, non-partisan org serving the eco dev profession
      - funding: sales tax
    - - gathering and analyzing mkt and demo info
      - supplying up-to-date eco data, regional data and info, and labor mk analyses
      - conducting workforces assessments
      - supplying utility rate quotes and load calculations
      - assistance with locating a suitable sites or building
      - connecting clients iwth community officials, biz leaders, brokers, and venfors
      - acting as a liaison with local and state offices and agencies
      - providing connections and guidance with local planning and permitting agencies
      - coordinating meetings with allies
      - hostin site visits in lbk as well as familiarization tours of the region
      - assistance in compiling state and local incentive programs
      - dev of incentive packages
      - providing eco impact analyses
      - foreign trade zone
      - assistance after deciding to expand/relocate to lbk (1) coordinate press releases and events such as grand openings and ribbon cutting ceremonies (2) implement ee recruitment and training programs
  - - - Promoting, assisting, and enhancing eco dev.
      - funding: thru sales tax
    - - VisitLubbock.Org
        
        promoting tourism, conventions, and sporting events
      - LBK Sports
        
        attract and host sporting events and sports-related meetings that act as an eco dev tool for lbk. $ spent by visitors benefit local citizens by reducing their tax burden.
  - - - inaugural spark conference
      - ttu accelerator
  - - - (1) biz dev: grow lbk's economy thru the retention and expansion of existing ers, and through the recruitment of new biz.
        
        Strategies
        
        provide retention and expansion program
        
        cultivate relationships and networks with biz execs, commercial real estate brokers, and site location consultants for the recruiment of new biz to lbk, especially to key industry clusters.
        
        enhance lnk's image as an attractive place to do biz thru traditional and non-traditional media channels
        
        ensure that appropriate sites and infrastructure are in place
        
        engage community leaders more closely in eco dev activities and initiatives
        
        establish a consistent funding stream for eco dev to ensure lnk's long-term competitiveness
      - (2) talent mgt: develop, retain, and attract talented workers to support current and future er
        
        Strategies
        
        create a communit collegea campus in an underserved area of lbk to support the growth of each of lbk's universities, to offer more edu opportunities for local rsidents to gain the necessary skills, and to provide local er with a strong pipeline of talent.
        
        promote downtown as a destination for investment and company headquarters and other office support operations, and support ongoing downtown revitalization efforts as a way to attract and retain talents
        
        strengthen existing partnerships and create new connections between lbk's er and edu institutions
        
        encourage citywide investment in amenities and recreational infrastructure that will enhance lbk's quality of place
        
        launch a talent mgt system
      - (3) entrepreneurship and innovation: create a culture of entrepreneurship in lbk by tapping into the research and innovation assets of all the components of the TTU, its partners, and other stakeholders
        
        Strategies
        
        pursue major R&D catalyst projects leveraging the components of the TTU along with city and biz leaders.
        
        create an entrepreneurial environment that attracts and retains start-ups and entrepreneurs in lbk
        
        work closely with the components of the TTU to strengthen lbk's entrepreneurship and innovation ecosystem
        
        expand the availability of start-up capital by formalizing access to exisitng capital in lbk and by developing stronger ties to angel and venture capital investors outside of lbk