Tampa Hillsborough Economic Development Corporation

DEVELOP AND SUSTAIN A THRIVING LOCAL ECONOMY THROUGH HIGH WAGE JOBS AND CAPITAL INVESTMENT.

THE TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION BEGAN USING THE DBA TAMPA BAY ECONOMIC DEVELOPMENT COUNCIL (TBEDC) ON OCTOBER 29, 2019. THE ORGANIZATION WILL HENCEFORTH BE REFERENCED AS THE LATTER IN THIS NARRATIVE.THE TAMPA BAY ECONOMIC DEVELOPMENT COUNCIL (TBEDC)'S BUSINESS DEVELOPMENT TEAM CLOSED 22 PROJECTS THAT ADDED A TOTAL OF 2,663 NEW JOBS AND $105.7 MILLION IN CAPITAL INVESTMENT TO HILLSBOROUGH COUNTY. SEVEN EXISTING BUSINESSES EXPANDED THEIR OPERATIONS, ADDING 1,081 NEW JOBS AND INVESTING $89 MILLION LOCALLY. FIFTEEN NEW COMPANIES WERE RECRUITED TO TAMPA AND HILLSBOROUGH COUNTY IN FY2022, INCLUDING TWO FOREIGN DIRECT INVESTMENT PROJECTS: UK-BASED CLARIFY AND SWITZERLAND-BASED INPECO. THESE RECRUITMENT PROJECTS CONTRIBUTED 1,582 NEW JOBS AND $16 MILLION IN CAPITAL INVESTMENT TO OUR MARKET.THE BUSINESS DEVELOPMENT TEAM PROVIDED COMMUNITY INFORMATION AND COMPETITIVE DATA FOR 144 RELOCATION OR EXPANSION PROJECTS THIS YEAR AND HOSTED 42 VIRTUAL AND IN PERSON SITE VISITS WITH PROSPECT COMPANIES LOOKING TO RELOCATE OR EXPAND TO HILLSBOROUGH COUNTY. LOCALLY, THE BUSINESS DEVELOPMENT TEAM CONNECTED WITH 156 EXISTING HILLSBOROUGH COUNTY BUSINESSES THROUGH THE EXPAND TAMPA BAY BRE PROGRAM. THESE LOCAL COMPANIES REPRESENT MORE 39,000 EMPLOYEES AND 53% OF THEM STATED THEY PLAN TO EXPAND OVER THE NEXT THREE YEARS. THE TEAM WAS ALSO BACK ON THE ROAD, ATTENDING INDUSTRY TRADE SHOWS AND CONFERENCES SUCH AS THE AREA DEVELOPMENT CONSULTANTS FORUM, SITE SELECTORS GUILD, AND THE INDUSTRIAL ASSET MANAGEMENT COUNCIL'S SPRING FORUM AS WELL AS LONDON FORUM. TBEDC'S INTERNATIONAL TEAM ALSO GOT BACK TO TRAVELING, ATTENDING FDI SHOWS LIKE SELECT USA AND PARTICIPATING IN AN ENTERPRISE FLORIDA-LED TRADE MISSION TO PANAMA, BRINGING ALONG EIGHT LOCAL COMPANIES TO EXPLORE EXPORT SALES OPPORTUNITIES.

IN FY2022, THE TBEDC FINANCIAL POSITION REMAINS STRONG WITH ANOTHER SOLID YEAR OF PRIVATE SECTOR FUNDING AT $3,132,929. THE ORGANIZATION ALSO CONTINUED TO RECEIVE GENEROUS SUPPORT FROM ITS PUBLIC SECTOR PARTNERS HILLSBOROUGH COUNTY, THE CITY OF TAMPA, THE CITY OF PLANT CITY, AND THE CITY OF TEMPLE TERRACE. THE TBEDC WELCOMED 16 NEW INVESTORS THIS YEAR, INCLUDING SIGNODE AT THE CIRCLE OF CHAMPIONS LEVEL AND BERNSTEIN PRIVATE WEALTH MANAGEMENT, EAST+MAIN, HART, AND USF HEALTH/MORSANI COLLEGE OF MEDICINE AT THE CHAIRMAN'S COUNCIL LEVEL. ADDITIONALLY, SOUTHSTATE BANK UPGRADED TO CIRCLE OF CHAMPIONS AND LIONS EYE INSTITUTE UPGRADED TO CHAIRMAN'S COUNCIL. THE TBEDC RETAINED 87% OF ITS INVESTORS AND ACHIEVED ITS BUDGET GOALS FOR THE YEAR. CASH RESERVES HAVE INCREASED AND NET ASSETS INCREASED BY MORE THAN 6% OVER THE LAST YEAR.

THE TBEDC'S MARKETING TEAM ENHANCED ITS ONLINE PRESENCE IN FY2022 WITH NEW ENGAGING CONTENT ON SOCIAL MEDIA CHANNELS AND LAUNCHING SEVERAL DIGITAL ADVERTISING CAMPAIGNS ON LINKEDIN. 71,852 NEW USERS VISITED THE WEB SITE IN FY2022. DAILY POSTINGS ON TBEDC'S SOCIAL MEDIA CHANNELS GREW THE AUDIENCE TO 26,832 TOTAL FOLLOWERS AND A TOTAL OF 1,570,560 SOCIAL MEDIA IMPRESSIONS. THE MARKETING TEAM LAUNCHED A LINKEDIN CAMPAIGN TARGETING C-LEVEL EXECUTIVES FROM TARGET INDUSTRIES NATIONWIDE. WITH A GOAL TO GENERATE AWARENESS OF TAMPA AND HILLSBOROUGH COUNTY AS A TOP BUSINESS DESTINATION, THE CAMPAIGN RESULTED IN 616,084 IMPRESSIONS AND 2,205 WEBSITE VISITS. A TALENT ATTRACTION CAMPAIGN ALSO LAUNCHED ON LINKEDIN TARGETING TECHNOLOGY PROFESSIONALS. IT GENERATED 208,434 IMPRESSIONS AND 856 WEBSITE VISITS. TEAMING UP WITH THE BUSINESS DEVELOPMENT, A LEAD GENERATION CAMPAIGN ON LINKEDIN TARGETED MORE THAN 1,500 COMPANIES WITHIN TBEDC'S STRATEGIC GROWTH AREAS. THE HIGHLY TARGETED CAMPAIGN RESULTED IN NEARLY 96,904 IMPRESSIONS AND 15 LEADS REQUESTING ADDITIONAL INFORMATION ABOUT TAMPA BAY. ADS WERE RUN IN KEY LOCAL AND NATIONAL PUBLICATIONS INCLUDING SITE SELECTION AND THE TAMPA BAY BUSINESS JOURNAL. THE TBEDC'S MEDIA OUTREACH RESULTED IN 276 PUBLISHED ARTICLES IN LOCAL AND NATIONAL OUTLETS.