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ABOUT JREDC

MISSION STATEMENT
The Jacksonville Regional Economic Development Corporation works to retain, expand, create and recruit job opportunities for Morgan and Scott Counties.

Goals
The EDC's Building Tomorrow five-year plan reflects the best thinking of many business leaders and area citizens who have participated in crafting this multi-year strategy. The $1.5 million plan has targeted five major goals and is compromised of three strategic initiatives - each intended to build upon the other.

The projected impact of Building Tomorrow is dramatic and demonstrable. By the end of 2007 the program is expected to:
      • Create/retain 800 primary jobs
      • Realize new capital investment of $121 million
      • Result in 925,000 square feet of industrial/commercial construction
      • Generate $48 million in additional annual payroll
      • Produce $27 million in additional annual net personal consumption
         expenditures

Strategies
To achieve these goals three proactive strategies will be implemented:

1) Business Development/Attraction
      • Systematically market the JREDC area and benefits for light
         manufacturing and other businesses, specifically targeting industrial
         prospects in Plastics, Machinery, Metal Products and Services, and
         Electric and Basic Electronic Components.
      • Provide firms interested in locating or expanding with one-stop shopping
         economic development services.
      • Promote all available buildings sites in Morgan and Scott counties.
      • Develop strong working relationships with international and national site
         selectors and prospective businesses.
      • Complete and implement a marketing strategy to better target intended
         audiences.
      • Improve the effectiveness of JREDC's website and technology support
         services for prospective businesses.

2) Business Retention/Expansion
      • Implement an existing industry assessment program to identify company
         and business issues to be addressed by proactive JREDC action to
         resolve company concerns and capitalize on company opportunities.
      • Provide existing businesses with targeted technical assistance to expedite
         industrial expansion.
      • Identify employer workforce readiness needs and, in partnership with other
         resources, design and implement workforce readiness programs to
         achieve desired outcomes.
      • Promote a recognition program to publicly celebrate the value of industry to
         the local economy.

3) Communications and Investor Relations
      • Involve all Building Tomorrow investors in program reviews and prepare
         detailed quarterly return on investment reports.
      • Perform annual benchmarking to measure Building Tomorrow programs'
         productivity and effectiveness.
      • Develop and promote a marketing program targeting community groups,
         government and the public highlighting JREDC's activities, successes and
         volunteers.
      • Sponsor and conduct quarterly mayors roundtable meetings to explore
         common economic development concerns and to share JREDC results.

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