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Cornerstone Partnership Overview
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Cornerstone Goals for the Northeast Florida Region
Increase per capita income/wealth Create higher paying jobs Position area for the new economy Increase and enhance the workforce Expand the tax base Encourage business and industry development within the region Grow without sacrificing quality in the environment
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Why do ED Regionally Partners vs. Competitors More resources
Creates efficiencies Combined research Prospects demand it More opportunity for surrounding counties
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Key Elements of Partnership
Research Marketing Prospecting/Recruiting Communications/Strategies Closing the deal
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Research Demographics/Labor Buildings/Real Estate Targeted Industries
Specific Prospect Needs Software for Prospect Management Website
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Research – Commute Zone & Labor Force Analysis Study
Labor force within 20-, 40- and 60-minute commute times (30 minutes for Baker) 22 employment nodes throughout region Study components Demographic analysis Maps Phone survey
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Online Properties Database
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Prospect Management System
iAvenue
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ExpandInJax.com County web page
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Regional Partner Interaction
Bi-Monthly Partner Meetings Prospects Strategic Issues Cornerstone Luncheons ED Roundtable Regional Leaders Meetings Special Events Letter Series County Visits
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Cornerstone Marketing Program
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The Most Important Sources of Business
Regional Partnership Enterprise Florida Site Consultants Local Referrals
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Site Consultants 60% of Major Projects
Communicate Regularly and Succinctly Build a Relationship Visits Familiarization Tours CoreNet EFI Tours Sell the Region
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Quarterly Newsletter to Site Consultants – Spotlight each County
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Public Relations Media Fam Tours Articles Placed
More Credible Marketing
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Business Missions, Conferences & Trade Shows
CoreNet IAMC Sales Missions Enterprise Florida Consultant Missions Trade Shows International Mission
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Cornerstone Philosophy on Partner Structure
Project Managers in Cornerstone are primary contact until county is selected Responses to prospects must be fast, high quality and consistent Cornerstone Research and support are available to all partners Partner counties focus on responses to interest, infrastructure and existing business Cornerstone should host dialogue on important regional issues
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Other Regional Structure Options
Partners fund marketing program All responses are sent to all partner counties All partners respond and pursue prospects separately Regional partnership focuses more on key regional issues that cross all lines and pursues action
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Clay County – Why We Did It
BRAC – NAS Cecil Field Closure Leverage Resources Eliminate Duplication Building Consensus
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Roles & Responsibilities
Define Expectations Open Communications
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Different Types of Partnerships
Marketing Recruitment Community Building Issue Driven All of the Above
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Discussion To ask a question, simply press * # on your telephone, or type your query into the chat box on the left.
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Contact Information Jerry Mallot, CCE Executive Vice President, Economic Development Jacksonville Regional Chamber of Commerce (904) Kellie Jo Kilberg, IOM President Clay County Chamber of Commerce (904)
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