Welcome to the latest edition of TLC Developments. The current world of economic development [E.D.] is filled with talk of alternative energy and stimulus packages, but the fundamentals of our industry remain the same. It is essential that we maintain a strong business retention and expansion program enhanced by an aggressive regional business attraction campaign. The tools used to successfully approach marketing in E.D. have dramatically changed in the last year with the onset of new social media outlets and advances in online technology. Team Lorain County and our partners are working towards optimizing our use of these advancements.
Here at Team Lorain County we have the advantage of being part of the collaborative Lorain County Growth Partnership which brings together representatives from all sectors of the county [private, public, academic, and non-profit] working towards bolstering Lorain County’s economy. We have successfully established the Business Connections program by completing in-depth retention and expansion interviews with over 100 local firms allowing us to assist with the needs and opportunities of our business community.
Our strong partnership with Team NEO continues to keep our pipeline filled with business attraction projects. During the past quarter alone we have worked with companies from around the world considering Lorain County as a potential site location. Competition with regions is fierce, but because of our focus and strong local and state partnerships our efforts are being noticed in the site-selection community. We greatly appreciate the support of our partners and investors as Team Lorain County continues to grow and generate positive impressions of Lorain County, OH as the best place for your business and employees.
