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Published byJasmine Allen Modified over 9 years ago
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A place where spending time at work isn’t work at all. The Pensacola Bay Area
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Pensacola Bay Area’s Structure EDC housed under the Chamber of Commerce Separate EDC Board made up of business leaders and city and county administrators Funding: 50% Private and 50% public Core Economic Development focus is Escambia County with services spread throughout the region Structure allows holistic economic focus including military commercialization, education, legislative activities, PR, entrepreneurship and traditional ED
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Economic Development Tracks Traditional (Jobs, Investment, Payroll) –Marketing –Recruitment –Retention Non-Traditional (Innovation, Talent, Entrepreneurship) –Entrepreneurial Environment (networks, capital, support services) –Education (K-12 and Universities in the region) –Commercialization –Research Base
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Traditional Economic Environment Small company growth – aerospace, renewable energy, software Large Company Strengths/Growth –GE Wind Energy –Navy Federal Credit Union –Wayne Dalton Past layoffs at major employers in the area –IP –Daws –Sterling More to come
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Activities 2 Start-ups formed in the last 5 months 4 of the 6 WIRED entrepreneurship grants awarded to companies in Escambia County Whitesands Angel Fund set to launch in the next few months Regional Technology Entrepreneurship portal set to launch in January/February Beginning branding initiative in January for Pensacola Bay Area
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