Bucks County.

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Presentation transcript:

Bucks County

Greater Philadelphia 5th Population 5th Personal income 5th Labor force 4th Media market

Powerful Market 46.1 million people; $1.46 trillion in spending power

Greater Philadelphia Center of Higher Education 101 schools, 144 campuses 290,000 FTE students 80,000 degrees awarded 2nd to Boston in bachelors degrees 1st in first professional degrees

Bucks County Share of regional activity 10% of GPR population 8.9% of employment; 13.6% of mfg. 9.0% of GRP 11.1% of total personal income $52,487 per capita personal income 12,618 FTE’s at six institutions 33.6% of degrees bachelors or higher

Bucks County Waterfront – Two Different Worlds 17 riverfront townships and boroughs 245,565 riverfront residents – 39% 94,900 jobs in 2008 – 40% Lower Bucks – industrial/commercial Upper Bucks – recreational/historic 49.6 miles of riverfront 21.8 miles commercial 27.8 miles recreational

Core Functions Select Greater Philadelphia GPR competes actively for projects Operates an organized, managed process Generates accurate data and analysis Develops messages and outreach Conducts policy advocacy

LECG Smart San Francisco Consulting Firm Quick decision process Key drivers: labor, cost, customer access Research provided Cost of living Space costs Occupational wage rates European flights

Logistics Media Tour Hosted Reporters Australia, Brazil, Korea, Germany, South Africa, UK Three day, tri-state tour Ports, transportation, warehousing Generated four articles to date

Assist Companies Single Regional Source For Information Site tours Introductions Local partner coordination Incentive facilitation

Mark Group Energy Efficiency Company Provided custom research Hosted five visits Workforce and market analysis Real estate search and tours Incentive discussions Leadership roundtable U.S. CEO interviews

Locate Sources 62 Firms have Selected Greater Philadelphia Local Partner 31% ED Partner 36% Website 28% Site Selector 5%

Cumulative Results Business Attraction 61 companies 4,200 jobs $1.74 billion annual direct impact $4.08 billion annual output 7/31/10

Improving Greater Philadelphia Policy Initiatives Amtrak PHL Route 422 Entrepreneurship Human Capital

Single Regional Resource For More Information Contact SELECT GREATER PHILADELPHIA www.selectgreaterphila.com 215/790-3777