Welcome to the Thirteenth Annual Investor’s Meeting.

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Presentation transcript:

Welcome to the Thirteenth Annual Investor’s Meeting

Fredericksburg Regional Alliance Public/Private Partnership City of Fredericksburg Caroline County King George County Spotsylvania County Stafford County VEDP FRA Board of Directors UMW Center for Economic Development 48 Private Sector Investors

Economic Development Leadership  City of Fredericksburg – Karen Hedelt  Caroline County – Gary Wilson  King George County – Nicole Thompson  Spotsylvania County – Tom Rumora  Stafford County – Tim Baroody

Main Street Benefits of FRA/UMW Partnership  Knowledge of cultural business traditions  Language translations  Analysis and regional studies  Global teleconferencing facilities  Presence of International students  Internships available

What Businesses are Telling Us.. The Survey

Impact of Great Recession: A Regional Perspective  Certain segments of the business community impacted more than others  Perceptions of the region’s economy depends on what business you are in  Many people still do not “feel” the recession is over

Fredericksburg Regional Alliance at the University of Mary Washington

Marketing & Networking Activities  10 Marketing Events  27 Legislative & Political Receptions  12 Speaking Engagements  111 Networking Activities & One-on-One Meetings HCA Spotsylvania Regional Medical Center

Marketing Activities to Generate Business  Marketing Calendar  Meetings with Site Consultants  GSA – 3 rd Event  RTL TV  Expansion Solutions Magazine Mary Washington Hospital

Marketing Activities to Generate More Business           Centre Court

Demographics Help Existing Business Are you utilizing our free services?  Best location for financial investment  Targeting consumer demographics and projected spending patterns  Property searches aligned with strong demographic data  Locate competing businesses

Challenges in Marketing  Need Meaningful High-Impact Budget  European Executives’ Knowledge of U.S.  Targeting How a Decision Maker Will React to Information

Higher Education and the Economy:  Prepare Workforce  Internship Program  Speed Networking  Construction Impact William Anderson Convocation Center

Higher Education’s Relationship to Income:

Strategic Plan