DEPARTMENT: Economic Development
DEPARTMENT HEAD: Rene Dominguez
COUNCIL DISTRICTS IMPACTED: City-wide
SUBJECT:
Presentation on Forefront SA, the community strategic plan for economic development by the San Antonio Economic Development Foundation (SAEDF) and presentation on the 2016 SAEDF Economic Development Services Agreement presented by the City of San Antonio Economic Development Department (EDD).
SUMMARY:
The San Antonio Economic Development Foundation will present an update on Forefront SA, the community strategic plan for economic development and the City of San Antonio Economic Development Department will present an overview of the FY 2016 SAEDF Professional Services Agreement (Strategic Plan Implementation Agreement), which includes $90,000 for SAEDF to administer the Texas/Japan Office Agreement.
BACKGROUND INFORMATION:
As a result of a 2008 Corporate Retention and Recruitment Sub Committee recommendation to enhance the City's focus on corporate retention and overall economic development delivery system, the City of San Antonio entered into a 5-year agreement with the SAEDF for a public-private partnership formalized in the FY 2011-2015 Economic Development Service Agreement. The partnership required an annually adopted Action Plan that set forth scope and metrics for economic development marketing, recruitment and coordination of a corporate retention and expansion program. The Action Plan also required SAEDF lead the development and implementation a citywide, comprehensive strategic plan for economic development.
To fulfill the goal of developing a strategic plan, Deloitte Consulting was contracted by SAEDF to examine how effectively our community was executing on delivering economic development services. Deloitte executed a SWOT analysis, competitiveness assessment, and industry analysis. The study identified and prioritized particular subsectors within San Antonio's targeted industries and a series of short and lo...
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