2011 annual report chamber
TRANSCRIPT
ANNUAL REPORT
Pivotal Partners of the Austin Chamber of Commerce support a comprehensive program of work in economic development, education and talent, government relations, regional infrastructure, technology, and small business programming, as well as business attraction, retention and expansion efforts in Central Texas.
to our valued
2011 PIVOTAL PARTNERS
Message from the Chair 3
Membership 4
Marketing 8
Transportation & Infrastructure 10
Talent & Education 12
Economic Development 14
Technology 16
Financials 20
Board of Directors 21
Advisory Board Members 23
TABLE OF CONTENTS
ANNUAL2011REPORT
Greater Austin Chamber of Commerce | austinchamber.com
BOBBYJENKINS
2
The Austin Chamber of Commerce is proud to report that 2011 was one of the most successful in our 135 year history. Our membership is 2,500 strong and growing, and our programming continues to evolve to meet the changing needs of our business community.
Cities across the world are carefully looking at Austin to see why it is we are enjoying economic success in our business and industry. It is precisely this growth that has garnered media attention from around the globe in 2011. Publications and outlets – including Forbes, MSNBC, TIME Magazine, CNN, Bloomberg, Reuters , BBC and more – feature the thriving Austin business community. Small and large businesses alike benefit from this attention and its core message: Austin is open for business.
Your Chamber is here to support you with a variety of programs, services and events that help to shape the community we are all proud to call our home. The professional staff and our volunteer business leaders invest their time on a range of initiatives that impact the business community – from public policy to education to business attraction, to transportation, to technology to small business and more.
Thank you for helping the Chamber tell the compelling story of business success in Central Texas. And on behalf of the board of directors, thank you for doing business in Austin.
BOBBY JENKINS 2011 Chair Austin Chamber of Commerce
3
MESSAGE FROM THE CHAIR
Professional, Scientific, & Technical Svcs
Finance and Insurance
Other Services
Accommodation & Food Services
Real Estate, Rental and Leasing
Health Care, Social Assistance
Construction
Retail
Educational Services
Manufacturing
All Others
TOTAL as of DEC. 21, 2011
23.8%
13.1%
5.0%
7.5%
6.0%
8.5%
5.7%
5.2%
2.9%
8.5%
13.8%
100%
$516,342
$285,240
$107,675
$162,937
$131,037
$184,907
$124,047
$112,305
$62,521
$184,636
$300,211
$2,171,856
Number of Members Annual Dues
481
361
247
209
200
172
132
117
92
81
416
2,508
19.2%
14.4%
9.8%
8.3%
8.0%
6.9%
5.3%
4.7%
3.7%
3.2%
16.6%
100%
Average number of Full Time Equivalents per member: 94.44
Average dues per member: $866
An analysis of the Greater Austin Chamber of Commerce’s current membership shows a diverse membership base made up of these primary categories:
4
In 2011, the Austin Chamber of Commerce worked to make a positive impact on Austin’s regional economy by supporting the growth and prosperity of its members. As one of the largest chambers of commerce in Texas, Austin welcomed 610 businesses as new members last year. Our member retention rate is positive – 79% of membership dues were retained in 2011.
In 2011, the Chamber kicked off a number of exciting new initiatives within its Membership Division. The Chamber has created a Small Business Advisory Council to lead the Small Business efforts for the organization. In addition, the Chamber has partnered with Texas State’s Small Business Development Center to provide free, on-site business counseling services for our members.
The Chamber has embarked on a sales training program for its membership sales staff to ensure a professional sales experience for new members. The Chamber also has engaged the services of a Membership Retention specialist to improve its member retention strategies.
*(includes Georgetown, Pflugerville, Lakeway,San Antonio, San Marcos, Buda)
Austin87.8%
Round Rock 2.8%
Cedar Park1% All Others*
8.4%
BY CITY
5
ANNUAL DUES
< $49951.9%
$500-$1,500
38.2%
$1.5K-$3.5K38.2%
$3.5K-$5K1%
$5K-$10K.8% > $10K
.8%
CHAMBER MEMBERSHIP
6
2011 VOLUNTEERS OF THE YEAR Michael Laing, Wells Fargo; Rob Hutton, Lennar; Mark Curry, Wells Fargo; David Reiter, Luminex Corporation; Tracey Nelson, Maven Marketing Solutions; Joe Cantalupo, Parsons Brinckerhoff; Ray Wolf, Green Integrated Services; John Price, Vast.com
2011 AUSTINITES OF THE YEAR Nick Barbaro, publisher and co-founder
of the Austin Chronicle; Roland Swenson, co-founder and current managing director
of SXSW; Hugh Forrest, Director of SXSW Interactive; and Louis Black, co-founder of
SXSW and editor of the Austin Chronicle.
GLOBAL CONNECTIONS WITH THE CHAMBER
The Chamber led its first group trip to China in 2011 as part of a new international travel program.
PROGRAMS EVENTS
The Chamber offers a range of programs, member benefits, advertising opportunities and advocacy initiatives to provide value to our business community. Throughout the year, 254 members were engaged in the work of the Chamber through Area Business Councils. In 2011, the Chamber produced over 100 meetings and events with over 10,000 attendees, including:
• Chamber 2011 Annual Meeting: This sold-out event honored our 2010 Chamber Volunteers of the Year, and the 2010 Austinite of the Year, Lance Armstrong.
• CEO Peer Advisory Groups: This program was created for C-level executives to provide members with access to their own confidential board of advisors who gather monthly to exchange best practices, past experiences, thoughts, ideas and overall general guidance regarding growth, health and overall success in their business.
• Business by Referrals: This popular six-part educational series teaches members to identify top referral contacts and provides participants with a proven system to maintain and build upon this list.
• Chairman’s and President’s Advisory Boards: A series of networking receptions and special events were held throughout the year, exclusively for members investing at the Chairman’s and President’s levels.
• Greater Austin Business Awards: The Chamber’s annual awards dinner attracted over 1,000 attendees and recognized the best of Austin businesses of all sizes.
7
CHAMBER PUBLICATIONSIn 2011, the Chamber developed new collateral for its members, including All About Austin, A Job Seekers Guide to Austin and updated industry directories. In partnership with Texas Monthly, the Chamber produced the Greater Austin Newcomer’s Guide and the Central Texas Economic Development Guide.
8
THE VOICE OF BUSINESSBRANDED ADVERTISING CAMPAIGNWorking with our media partners, the Chamber built a branded advertising campaign, “The Voice of Business,” with rotation on television, radio, print and web. The campaign was designed to speak to audiences within each of the division lines, with a focus on small business--- 85% of the Austin Chamber membership.
9
As part of our media strategy, more than 430 unique articles on Austin businesses were seen in publications including the New York Times, Wall Street Journal, Time Magazine, Forbes, Bloomberg, Information Management, The Economist and more.
435
221
Apr
il-D
ecem
ber
20112010
SHARING AUSTIN’S STORY WITH THE WORLD
COMMUNICATIONSMARKETING
3%5%5% 23%
21%
17%
16%
10%
Mentions by TopicEconomic DevelopmentTechnologyEducationJobsEntrepreneurialClean Energy/TechMunicipal IssuesBioSciences
96.8% Year-over- Year
Increase
WEB & INTERACTIVEThe Austin Chamber completely revamped its website in 2011 to better reflect the organization’s program of work as well as the initiatives of the business community. Based on year-over-year metrics, the site’s bounce rate decreased 28%, pages per visit increased 100%, and average time on the site increased by 113%. From an awareness standpoint: visits increased 423%, and organic search visits have increased 357%.
Year-end 2011 metrics show a higher level of monthly visitors sustained and growing: 67% new visitors, 32% returning, with average pages visited at 2.74 per session
The Chamber’s Facebook account saw an increase of 17% in new likes with a 246% increase in post interaction, and Twitter followers doubled between April and December, from 3,021 to 6,069.
ORGANIZATIONAL OUTREACHIn 2011, open rates on the Chamber’s e-marketing for programs and other outreach increased from from 8% to 21%.The revamped FOCUS newsletter, previously averaging an 8% open rate, increased to a 16% open rate.
AVERAGE OPEN RATES (compared to national industry averages)21.3% Austin Chamber20.6% Associations21.7% NonProfits16.5% Business Services
10
2011 TRANSPORTATION ACCOMPLISHMENTS
Newly opened facilities • Ben White at IH 35
interchange • SH 130 at Cameron Road
ramps providing access to Austin Executive Airport
Facilities under construction • 183A Phase II to open April
2012 • Manor Expressway (US 290 E
to SH 130); Phase I expected to open in late 2012
• Loop 1 at US 290 W interchange to open in 2012
• Ben White overpass bridge at Riverside to open in 2014
Projects proceeding on time • Mopac Phase I express lanes
(Parmer to Cesar Chavez) to open in 2016
• Y at Oak Hill interim improvements; Phase I expected to open in 2013
• SH 71 E at FM 973 interim improvements; expected completion in 2013
• First Capital Metro Rapid line expected to open in late 2013
Projects moving forward with environmental study underway • SH 45 SW with study
performed by TxDOT • US 183 S with study
performed by CTRMA
Transportation and infrastructure remain top priorities for Central Texas, and the Chamber continues to be a leading advocate for improving regional mobility.
In 2011, Chamber board members were appointed to lead key initiatives, including Senator Watson’s Mobility Improvement Priorities Task Force, the City’s 2012 Bond Election Advisory Task Force, and CAMPO’s Transit Working Group. Chamber leadership also facilitated dialogue to implement solutions for congested intersections such as 5th and 6th Streets at Lamar and Parmer at Dessau.
Another key infrastructure priority is the funding, development and construction of a top-tier four-year medical school associated with The University of Texas. Chamber leadership is actively involved with Senator Watson’s working group on this project, which would enable a substantial expansion of the life sciences business sector in Central Texas and create a broad new avenue of opportunity for private sector jobs.
The Chamber supports a comprehensive strategy to plan for future water needs, including conservation, increased use of reclaimed water and construction of a new Water Treatment Plant 4. In 2011, following a report from the City Auditor, elected officials agreed that delaying the project would be too costly, and Water Treatment Plant 4 will now move forward. At the state level, the Texas Water Development Bonds Amendment (SJR 4) was passed, allowing increased funding for statewide water infrastructure.
11
TRANSPORTATION AND INFRASTRUCTURE
PUBLIC POLICY
D.C. Visit, May 2011The Chamber’s annual trip to Washington D.C. strengthens relationships with key leaders in the White House and in federal government agencies to promote issues important to Chamber members; such as transportation, international trade and technology.
InterCity Visit, Sept. 2011More than 100 delegates traveled to Charlotte, NC for the Chamber’s eighth annual InterCity Visit to learn from the similarities and visions that the two cities share.
12
The Education Progress Report has the answer. This annual publication tracks school district progress in graduating students who are ready for college or the workplace.
www.austinchamber.com/edureports
View reports for: Austin, Del Valle, Eanes, Hays, Hutto, Lake Travis, Leander, Pflugerville, Round Rock, and San Marcos
Life after high schooL: Are your graduates ready?
K-12 EDUCATION PROGRESS REPORTS The Austin Chamber, in partnership with local chambers of commerce, issued progress reports for the Austin, Del Valle, Eanes, Hays, Hutto, Lake Travis, Leander, Manor, Pflugerville, Round Rock, and San Marcos ISDs. These reports monitor progress and report out-year school district targets for direct college enrollment, college readiness, high school graduation and TAKS pass rates.
FINANCIAL AID SATURDAYS The region’s 2011 Chamber Financial Aid Saturday events helped 2,000 families submit federal financial aid forms. Regional Q1 2011 FAFSA filings have increased 102% since 2006. Class of 2011 financial aid is up $50 million over Class of 2006.
“ The Austin Chamber of Commerce quarterbacks the strategic provision of resources and support and leads sophisticated efforts to hold districts’ feet to the fire with the pioneering report card and a firm commitment to weighing in on political issues and questions of funding.”
– “Partnership is a Two-Way Street: What it Takes to Help Drive School Reform,” U.S. Chamber Of Commerce, June 2011
13
Opportunity Austin’s groundbreaking talent pipeline initiatives are recognized as a national model by the U.S. Chamber of Commerce. As part of the Opportunity Austin initiative, the Chamber and 15 area school districts set a 70% direct-to-college enrollment goal for the Class of 2015, up from 62% for the Class of 2010.
• The region has the most sophisticated regional database (Central Texas Student Futures Project) to track individual high school, employment, military and post-secondary education data records in the United States.
• A task force of business and community leaders also produced an Austin Community College (ACC) progress report, detailing ACC’s accomplishments and identifying areas for growth, addressing talent development needs specific to certain industries in Austin.
• The region’s Skillpoint College/Career Expo exposed 13,000 Central Texas high school students to Austin careers and the post-secondary education they require.
• Austin ISD’s college/career readiness rate has increased from 38% to 55% from the Class of 2008 to the Class of 2010.
TALENTEDUCATION
Tony Befi, Chamber Vice Chair Education/Talent Development; Vice President, IBM
6th Annual State of Education6 Ideas That Will Change the World
14
#1| BEST BIG CITIES FOR JOBS | Forbes
The Austin area experienced tremendous economic vitality in 2011, with 51 businesses expanding their offices, industrial production and job force. In addition, 35 new companies chose to relocate their businesses to our region from other parts of the country, an increase from 29 in 2010. This economic development occurred across myriad industries, including key growth industries such as biopharmaceutical, high tech, digital media and clean tech. Strategic recruitment efforts will continue to further diversify Austin’s business portfolio, and secure the region’s national reputation as a center of human capital and innovation.
15
RELOCATIONS BY INDUSTRY SECTOR
Clean Tech 3 Data Center 2 Digital Media 6 HQ/Regional Office 1 Medical Device/Bioscience 1 Semiconductor 1 Software 6 Wireless 7 Other IT 3 Other 5 TOTAL 35
2011
2010
3,128
29COMPANIES
JObS
2011
4,096
35 COMPANIES
JObS
2009
547
17COMPANIES
JObS
DIVERSIFICATIONECONOMIC DEVELOPMENT
direct totalindirect/induced direct totalindirect/induced
Image Microsystems
Indeed
Informatica •Insuraprise
Interspire
InteSolv •James E. Bashaw & Co.
KingsIsle Entertainment
Main Street Hub •Malauzai Software
mindWireless
Nomadesk
O�ce Depot •OwnLocal
Polycom
Pro�tFuel
Progressive Insurance
Rackspace Managed Hosting
Redbird Flight Simulations
Salsa Labs
Samsung
SceneTap •ScienceLogic
ServiceMesh
Solar Power Technologies
Spiceworks
Spredfast
Starmount
Superconductor Technologies •Terra Pave International
Thermo Fisher Scienti�c
US Farathane •Volusion •Whale Shark Media
WindData
Xeris Pharmaceuticals •TOTAL
180 132 312
30 35 65
175 584 759
35 43 78
30 100 130
25 28 53
15 8 23
30 100 130
29 29 58
30 100 130
30 100 130
40 134 174
200 42 242
15 50 65
60 73 133
220 225 445
166 312 478
700 711 1,411
25 54 79
30 100 130
330 954 1,284
30 100 130
14 47 61
12 40 52
15 27 42
95 317 412
50 167 217
130 434 564
135 160 295
10 39 49
150 129 279
228 165 393
140 155 295
80 92 172
130 132 262
10 55 65
8,035 13,887 21,992
$7,035,214 $5,319,324 $12,354,538
1,566,955 1,465,149 3,032,103
17,300,296 23,186,043 40,486,339
2,449,639 1,797,987 4,247,627
2,965,765 3,974,751 6,940,516
1,990,146 1,055,461 3,045,607
414,585 333,125 747,710
2,965,765 3,974,751 6,940,516
1,690,854 1,126,086 2,816,940
2,965,765 3,974,751 6,940,516
2,965,765 3,974,751 6,940,516
3,954,353 5,299,667 9,254,020
2,313,445 1,652,012 3,965,456
1,482,883 1,987,375 3,470,258
4,611,544 2,952,839 7,564,383
14,044,491 8,883,711 22,928,202
12,963,548 15,020,493 27,984,040
33,178,840 28,785,458 61,964,298
2,654,209 2,513,843 5,168,052
2,965,765 3,974,751 6,940,516
41,670,138 45,322,944 86,993,082
2,965,765 3,974,751 6,940,516
1,384,024 1,854,883 3,238,907
1,186,306 1,589,900 2,776,206
1,924,860 1,196,409 3,121,269
9,391,590 12,586,710 21,978,300
4,942,942 6,624,584 11,567,526
12,851,649 17,223,919 30,075,569
10,960,981 7,327,529 18,288,510
1,221,001 1,688,066 2,909,067
7,243,342 5,520,595 12,763,937
12,058,594 7,074,653 19,133,247
11,144,816 5,910,582 17,055,398
4,178,546 3,907,063 8,085,610
6,161,785 5,345,871 11,507,656
851,181 2,715,034 3,566,215
568,850,940 580,585,630 1,149,436,570
$23,663,545
5,000,071
88,749,909
7,051,878
15,214,271
4,696,706
1,197,270
15,214,271
5,309,622
15,214,271
15,214,271
20,285,693
13,897,213
7,607,135
11,537,673
36,796,227
63,085,406
144,570,585
8,294,656
15,214,271
166,451,513
15,214,271
7,099,993
6,085,708
4,694,348
48,178,524
25,357,117
65,928,509
26,488,755
14,849,205
24,233,124
33,689,527
26,301,551
13,333,523
26,848,824
7,636,734
$2,262,110,143
(formerly ALC-Collegedale)
indirect/induced
3Seventy
58 Phases
Active Power
Adlucent
The Advisory Board Co. •Al Frank Asset Management
Alpha Omega Wireless •Altera Corp. •ArthroCare Corp.
AT&T Labs •Audiotoniq
BAE Systems
BeHome247
BlackLocus
Broadway Technology
Catapult Systems
Cenoplex
Certain A�nity
Certain A�nity
CFAN
Cirrus Logic
Community Cars
Complete Energy Systems •Convio
CSIdentity
Debix
Durcon
eBay/PayPal •Electronic Arts •Emerson Process Management •ESPN Longhorn Network
Evernote •Fallbrook Technologies •Fotowatio Renewable Ventures •Happy Cog •HDI Plastics
HostGator •
30 100 130
20 23 43
40 54 94
30 31 61
239 245 484
25 14 39
20 39 59
200 244 444
100 186 286
350 419 769
15 28 43
200 434 634
10 33 43
30 100 130
40 134 174
16 18 34
10 33 43
12 40 52
40 134 174
50 36 86
150 183 333
30 49 79
200 578 778
34 113 147
15 50 65
20 9 29
65 56 121
1,000 1,156 2,156
300 1,001 1,301
125 417 542
75 251 326
250 834 1,084
65 69 134
10 16 26
20 22 42
75 256 331
500 508 1,008
$2,965,765 $3,974,751 $6,940,516
1,044,637 976,766 2,021,402
4,207,701 2,443,543 6,651,244
1,915,158 1,211,415 3,126,573
15,257,424 9,650,940 24,908,363
690,975 555,208 1,246,183
1,179,376 1,624,825 2,804,202
15,371,814 9,842,796 25,214,611
7,951,664 8,864,193 16,815,857
20,899,530 16,753,381 37,652,911
1,192,750 1,329,629 2,522,378
21,233,673 20,110,747 41,344,419
988,588 1,324,917 2,313,505
2,965,765 3,974,751 6,940,516
3,954,353 5,299,667 9,254,020
1,273,693 675,495 1,949,188
988,588 1,324,917 2,313,505
1,186,306 1,589,900 2,776,206
3,954,353 5,299,667 9,254,020
3,072,347 1,556,987 4,629,334
11,528,861 7,382,097 18,910,958
690,966 2,223,890 2,914,856
25,254,630 27,468,452 52,723,082
3,361,200 4,504,717 7,865,918
1,482,883 1,987,375 3,470,258
563,872 368,966 932,838
3,138,781 2,392,258 5,531,039
52,231,824 48,838,290 101,070,114
29,657,651 39,747,505 69,405,156
12,357,355 16,561,460 28,918,815
3,788,946 9,299,724 13,088,670
24,714,709 33,122,920 57,837,629
2,796,674 3,170,550 5,967,225
1,006,882 646,486 1,653,368
1,592,117 844,369 2,436,486
6,072,609 11,965,217 18,037,826
23,699,171 20,561,041 44,260,213
$15,214,271
3,333,381
12,818,245
5,017,667
39,974,081
1,995,450
7,429,085
38,458,909
29,575,277
57,932,294
4,436,291
66,357,245
5,071,423
15,214,271
20,285,693
3,005,892
5,071,423
6,085,708
20,285,693
8,034,160
28,844,181
5,784,065
100,879,709
17,242,840
7,607,135
1,419,321
10,501,020
166,669,022
152,142,708
63,392,794
28,703,121
126,785,589
10,162,369
4,786,051
3,757,365
34,365,518
103,264,704
Bold = New • Projects directly assisted by Austin Chamber
direct totalindirect/induced direct total
Bold = New • Projects directly assisted by Austin Chamber
EMPLOYEEcompensation
TOTALeconomicimpact
COMPANY JOBScreated
EMPLOYEEcompensation
TOTALeconomicimpact
COMPANY JOBScreated
16
ECONOMIC IMPACT ON THE AUSTIN MSA OF NEW & EXPANDED OPERATIONS
direct totalindirect/induced direct totalindirect/induced
Image Microsystems
Indeed
Informatica •Insuraprise
Interspire
InteSolv •James E. Bashaw & Co.
KingsIsle Entertainment
Main Street Hub •Malauzai Software
mindWireless
Nomadesk
O�ce Depot •OwnLocal
Polycom
Pro�tFuel
Progressive Insurance
Rackspace Managed Hosting
Redbird Flight Simulations
Salsa Labs
Samsung
SceneTap •ScienceLogic
ServiceMesh
Solar Power Technologies
Spiceworks
Spredfast
Starmount
Superconductor Technologies •Terra Pave International
Thermo Fisher Scienti�c
US Farathane •Volusion •Whale Shark Media
WindData
Xeris Pharmaceuticals •TOTAL
180 132 312
30 35 65
175 584 759
35 43 78
30 100 130
25 28 53
15 8 23
30 100 130
29 29 58
30 100 130
30 100 130
40 134 174
200 42 242
15 50 65
60 73 133
220 225 445
166 312 478
700 711 1,411
25 54 79
30 100 130
330 954 1,284
30 100 130
14 47 61
12 40 52
15 27 42
95 317 412
50 167 217
130 434 564
135 160 295
10 39 49
150 129 279
228 165 393
140 155 295
80 92 172
130 132 262
10 55 65
8,035 13,887 21,992
$7,035,214 $5,319,324 $12,354,538
1,566,955 1,465,149 3,032,103
17,300,296 23,186,043 40,486,339
2,449,639 1,797,987 4,247,627
2,965,765 3,974,751 6,940,516
1,990,146 1,055,461 3,045,607
414,585 333,125 747,710
2,965,765 3,974,751 6,940,516
1,690,854 1,126,086 2,816,940
2,965,765 3,974,751 6,940,516
2,965,765 3,974,751 6,940,516
3,954,353 5,299,667 9,254,020
2,313,445 1,652,012 3,965,456
1,482,883 1,987,375 3,470,258
4,611,544 2,952,839 7,564,383
14,044,491 8,883,711 22,928,202
12,963,548 15,020,493 27,984,040
33,178,840 28,785,458 61,964,298
2,654,209 2,513,843 5,168,052
2,965,765 3,974,751 6,940,516
41,670,138 45,322,944 86,993,082
2,965,765 3,974,751 6,940,516
1,384,024 1,854,883 3,238,907
1,186,306 1,589,900 2,776,206
1,924,860 1,196,409 3,121,269
9,391,590 12,586,710 21,978,300
4,942,942 6,624,584 11,567,526
12,851,649 17,223,919 30,075,569
10,960,981 7,327,529 18,288,510
1,221,001 1,688,066 2,909,067
7,243,342 5,520,595 12,763,937
12,058,594 7,074,653 19,133,247
11,144,816 5,910,582 17,055,398
4,178,546 3,907,063 8,085,610
6,161,785 5,345,871 11,507,656
851,181 2,715,034 3,566,215
568,850,940 580,585,630 1,149,436,570
$23,663,545
5,000,071
88,749,909
7,051,878
15,214,271
4,696,706
1,197,270
15,214,271
5,309,622
15,214,271
15,214,271
20,285,693
13,897,213
7,607,135
11,537,673
36,796,227
63,085,406
144,570,585
8,294,656
15,214,271
166,451,513
15,214,271
7,099,993
6,085,708
4,694,348
48,178,524
25,357,117
65,928,509
26,488,755
14,849,205
24,233,124
33,689,527
26,301,551
13,333,523
26,848,824
7,636,734
$2,262,110,143
(formerly ALC-Collegedale)
indirect/induced
3Seventy
58 Phases
Active Power
Adlucent
The Advisory Board Co. •Al Frank Asset Management
Alpha Omega Wireless •Altera Corp. •ArthroCare Corp.
AT&T Labs •Audiotoniq
BAE Systems
BeHome247
BlackLocus
Broadway Technology
Catapult Systems
Cenoplex
Certain A�nity
Certain A�nity
CFAN
Cirrus Logic
Community Cars
Complete Energy Systems •Convio
CSIdentity
Debix
Durcon
eBay/PayPal •Electronic Arts •Emerson Process Management •ESPN Longhorn Network
Evernote •Fallbrook Technologies •Fotowatio Renewable Ventures •Happy Cog •HDI Plastics
HostGator •
30 100 130
20 23 43
40 54 94
30 31 61
239 245 484
25 14 39
20 39 59
200 244 444
100 186 286
350 419 769
15 28 43
200 434 634
10 33 43
30 100 130
40 134 174
16 18 34
10 33 43
12 40 52
40 134 174
50 36 86
150 183 333
30 49 79
200 578 778
34 113 147
15 50 65
20 9 29
65 56 121
1,000 1,156 2,156
300 1,001 1,301
125 417 542
75 251 326
250 834 1,084
65 69 134
10 16 26
20 22 42
75 256 331
500 508 1,008
$2,965,765 $3,974,751 $6,940,516
1,044,637 976,766 2,021,402
4,207,701 2,443,543 6,651,244
1,915,158 1,211,415 3,126,573
15,257,424 9,650,940 24,908,363
690,975 555,208 1,246,183
1,179,376 1,624,825 2,804,202
15,371,814 9,842,796 25,214,611
7,951,664 8,864,193 16,815,857
20,899,530 16,753,381 37,652,911
1,192,750 1,329,629 2,522,378
21,233,673 20,110,747 41,344,419
988,588 1,324,917 2,313,505
2,965,765 3,974,751 6,940,516
3,954,353 5,299,667 9,254,020
1,273,693 675,495 1,949,188
988,588 1,324,917 2,313,505
1,186,306 1,589,900 2,776,206
3,954,353 5,299,667 9,254,020
3,072,347 1,556,987 4,629,334
11,528,861 7,382,097 18,910,958
690,966 2,223,890 2,914,856
25,254,630 27,468,452 52,723,082
3,361,200 4,504,717 7,865,918
1,482,883 1,987,375 3,470,258
563,872 368,966 932,838
3,138,781 2,392,258 5,531,039
52,231,824 48,838,290 101,070,114
29,657,651 39,747,505 69,405,156
12,357,355 16,561,460 28,918,815
3,788,946 9,299,724 13,088,670
24,714,709 33,122,920 57,837,629
2,796,674 3,170,550 5,967,225
1,006,882 646,486 1,653,368
1,592,117 844,369 2,436,486
6,072,609 11,965,217 18,037,826
23,699,171 20,561,041 44,260,213
$15,214,271
3,333,381
12,818,245
5,017,667
39,974,081
1,995,450
7,429,085
38,458,909
29,575,277
57,932,294
4,436,291
66,357,245
5,071,423
15,214,271
20,285,693
3,005,892
5,071,423
6,085,708
20,285,693
8,034,160
28,844,181
5,784,065
100,879,709
17,242,840
7,607,135
1,419,321
10,501,020
166,669,022
152,142,708
63,392,794
28,703,121
126,785,589
10,162,369
4,786,051
3,757,365
34,365,518
103,264,704
Bold = New • Projects directly assisted by Austin Chamber
direct totalindirect/induced direct total
Bold = New • Projects directly assisted by Austin Chamber
EMPLOYEEcompensation
TOTALeconomicimpact
COMPANY JOBScreated
EMPLOYEEcompensation
TOTALeconomicimpact
COMPANY JOBScreated
17
18
In 2011 the Chamber continued the implementation of the Technology Partnership, created in late 2010 by the Chamber board of directors to provide outreach to the regional technology community. The technology sector includes over 3,900 companies within a five-region area surrounding Austin. In fact, tech companies account for 12% of the region’s total workforce and 25% of the area payroll. Because such a significant percentage of our workforce is engaged in technology, the business retention and expansion work of the Chamber is now aligned under the Technology Partnership.
Last year, the Technology Partnership engaged over 100 regional tech executives to provide input and direction to the strategies related to not only business attraction and retention but also company formation. Seven technology special interest groups (SIGs) focused the initiative in the following industry segments: Technology Manufacturing, Clean Technology, Life Science/Healthcare, Mobile, Gaming, Advertising Technology, and Software.
Throughout 2011, Austin saw its regional venture capital investments increase by 13% to over $1.1 billion. With 6,000 new technology jobs created, the region experienced the largest year over year increase in the past decade.
Of note in 2011 was the launch of the Startup Austin Texas web portal of the Startup America Partnership. Austin was the first region in Texas to participate in this national web initiative. And to increase the visibility of regional technology startups seeking funding, the Chamber also created the Austin A-List, an easy go-to source for tech startup investors.
THE AUSTIN A - LIST
25 of the Hottest StartupsGreater Austin Chamber of Commerce
EXECUTIVE SURVEYSTotal employees represented /// 84,779 More than 100 employees /// 81 (26%) Regional payroll represented /// $6.3 Billion Fewer than 100 employees) /// 225 (74%)
TOP BUSINESS ISSUES (BY INDUSTRY SEGMENT)CLEAN TECH1 Traffic Control
2 Recruitment Problems
3 Public Transportation
SEMICONDUCTOR1 Recruitment Problems
2 Air Service
3 Adverse Legislation
IT/WIRELESS1 Recruitment Problems
2 Available Workforce
3 Air Service
ADVANCED MFG1 Recruitment Problems
2 Public Transportation
3 Traffic Control
NON TECH1 Recruitment Problems
2 Adverse Legislation
3 Public Transportation
BIO/HEALTHCARE1 Adverse Legislation
2 Recruitment Problems
3 Business Climate Negative (Soft-landing issues)
19
BUSINESS RETENTION AND EXPANSION
TECH PARTNERSHIP
50%81%
27%44%
1. RECRUITMENT PROBLEMS
50%48%
2. AIR SERVICE
3. TRAFFIC
TOP BUSINESS ISSUES (ALL INDUSTRIES)% of employment % of companies
Because 80% of new jobs are created by existing businesses, retaining the companies that are currently here and fostering their growth is a top strategic priority. Throughout 2011, the Chamber’s Business Retention & Expansion team (BR&E) worked diligently to engage with Central Texas executives and identify the top issues impacting regional businesses. The team visited over a thousand companies, and conducted extensive surveys with more than 300 of the top regional executives to discover their business needs.
20
OPPORTUNITY AUSTIN 2011 FINANCIALS
INVESTOR RELATIONS | $76,837
OPPORTUNITY FUND | $86,941
KEEPING GREATER AUSTIN GREAT | $176,901
BUSINESS RETENTION & EXPANSION | $570,621
EDUCATION | $1,265,043
ECONOMIC DIVERSIFICATION | $1,362,373
2011 ACTUAL EXPENSES | $3,538,716
AUSTIN CHAMBER OF COMMERCE 2011 FINANCIALS
Membership Dues
Sponsorship Activities and events
Miscellaneous
Government Relations
Membership
Communications
Economic Development
Operations
$266,123
$1,215,843
$274,256$421,444
$1,020,964
$347,363
$1,124,624
$2,041,405
ACTUAL REVENUE: $3.43 million ACTUAL EXPENSES: $3.28 million
2011 ACTUAL EXPENSES | $3,538,716
21
BOARD OF DIRECTORS
ANNUAL REPORT2011
CHAIRMANBobby JenkinsPresident // ABC Home & Commercial Services
CHAIRMAN-ELECTClarke HeidrickChairman // Graves, Dougherty, Hearon & Moody
IMMEDIATE PAST-CHAIRBarry MayerPresident // Tokyo Electron U.S. Holdings, Inc.
VICE CHAIR ECONOMICDEVELOPMENTTim CrowleyRegional President, Austin Region // Frost
VICE CHAIR EDUCATION/TALENT DEVELOPMENTTony BefiVice President, POWER Systems and Storage Program Management // IBM
VICE CHAIR FINANCESteve KnebelLeading Partner // Maxwell, Locke & Ritter LLP
VICE CHAIR GOVERNMENTRELATIONSCraig EnochPartner // Enoch Kever
VICE CHAIR MARKETING AND COMMUNICATIONSDuff StewartPresident, CEO // GSD&M IdeaCity
VICE CHAIR MEMBERSHIPLeslie PcholaGeneral Manager // Hilton Austin
VICE CHAIR REGIONAL INFRASTRUCTUREGreg WeaverManaging Director // Catellus Development Group
VICE CHAIR SMALL BUSINESSRon Meredeith
VICE CHAIR TECHNOLOGYGene AustinCEO // Convio
LEGAL COUNSELScott LineberryManaging Partner // DuBois, Bryant & Campbell, LLP
MEMBERS AT LARGEMelissa HerktPresident/COO PlantWebSolutions Group // Emerson ProcessManagement
Laura KilcreaseManaging Director // Triton Ventures
Bill JonesOwner // The Jones Firm
TERMS EXPIRING DECEMBER 31, 2011
Jim DeCosmoPresident & CEO // Forestar Group Inc.
Patrick FlynnPresident // Flynn Construction, Inc
Phillip HawkinsSenior Vice President // State FarmInsurance Companies
Steve LeslieExecutive Vice President & Provost //The University of Texas at Austin
Gary Nauert Texas Regional Manager // DPR Construction, Inc.
Darrell PiercePrincipal // SNAP Management Group, Inc.
David RodriguezPartner // Richards Rodriguez & Skeith, LLP
Jim SnikerisVice President // Farmers Insurance Group
Bill StotesberyPresident & CEO // KLRU-TV
Sharon WatkinsOwner // Chez Zee American Bistro
Ellen WoodCEO // vcfo TERMS EXPIRING DECEMBER 31, 2012
David AndersonVice President/General Manager // Hardin Construction Company, LLC
Debbie FindlayRegional Vice President, Finance-West and West Central Regions // Humana, Inc.
Henry GilmoreAttorney // DuBois Bryant & Campbell
Fred Heldenfels IVPresident & CEO // Heldenfels Enterprises, Inc.
Steve KinslowPresident/CEO // Austin Community College
Ron Meredeith
22
Carl MicaDirector of Business Relations // The University of Texas System
Leslie PcholaGeneral Manager // Hilton Austin
Jeff ThomasSenior Vice President/General Manager Texas Region // H-E-B
Dave Tripoli Operating Partner // Truluck’s Restaurant Group
Ashok VadgamaPresident // CAM-I
Doug WaiteSenior Vice President & CFO // Seton Family of Hospitals
TERMS EXPIRING DECEMBER 31, 2013
Mark ClaytonSenior Vice President // St. David’s HealthCare
Nancy EbeFounder // Ebe & Associates, PC
Karen FriesePresident // K Friese & Associates
Tom GriebelVice President Corporate Development // Pape-Dawson Engineers, Inc.
Mark HarrisVice President Operations and Technology – Human Resources // Dell, Inc.
Adam HauserManaging Partner // Brown McCarroll, LLP
John HolmesVice President, Legal // Freescale Semiconductor
Bill JonesOwner // The Jones Firm
Dave MartinVice President & CFO //Dimensional Fund Advisors
Shane MenkingPresident & CFO // Data Foundry Inc.
Terry Mitchell President // Momark Development LLC
Greg PhillipsPresident // Texas Gas Service
2011 CORPORATE PARTNER
2011 FOUNDATION PARTNERS
FOUNDATION AND CORPORATE PARTNERS Both of which support the Chamber's business initiatives for the greater Austin region.
BOARD OF DIRECTORS (CONTINUED)
EXECUTIVE STAFF
Micha el W. Rollins, CCEPresident & CEO
Susan DavenportSVP, Global Technology Strategies
Jeremy Martin, IOMSVP, Government Relations
Rebecca Martin, IOMSVP, Marketing Communications
Dave Porter, CEcDSVP, Economic Development
Jan RiepenCFO/SVP, Finance
Drew ScheberleSVP, Education & Talent Development
Phyllis Snodgrass, IOMSVP, Investor Relations
23
PRESIDENT’S ADVISORY BOARD
CHAIRMAN’S ADVISORY BOARD360training.com, Inc.
American Airlines Inc.
Austin Resource Recovery
Chaotic Moon Studios
Evernote Corp
EZCORP
Golfsmith International, Inc.
Google Inc.
Grant Thornton LLP
HendlerLaw, P.C.
Hillcrest Bank
Hospital Housekeeping Systems, LTD
Littlefield Corporation
Market Awareness
National OilWell Varco
Polycom
Protect America
Sam’s Club (4 Locations)
Shaw Group
Acumen
Allure Energy
Altera Corporation
Altius Education
American Party Rental
Austin Immediate Care
Austin Resource Center for Independent Living
Austin Restaurant Week
Austin Watch and Jewerly
Avail Design Group
Ayasdi, Inc.
Best Western Inn & Suites
BIOO Scientific
BJ’s Restaurant & Brewhouse (2 Locations)
BridgeOne Global Solutions
Brown Hand Center
Cartridge World
Central Texas Rehabilitation Hospital
Charlie Bravo Aviation
Chesapeake Energy Corporation
Coal Vines
Coats Rose
EFIGS Localization- Multicultural Business Solutions
Electric Transmission Texas, LLC
Enfatico
Enoch Kever PLLC
ETS-Lindgren (EMC Test Systems)
Express Employment Professionals
Express Employment Professionals - (South)
FÖDA Studio
Franklin Covey
Gensler
Greater Austin Allergy, Asthma & Immunology
Green Host It
Habitat Suites Hotel
HealthTronics
Henslee Schwartz LLP
Hyatt Place Austin Arboretum
Idea Public Schools
Image Microsystems, Inc.
Insurance Network of America - Round Rock
International Studies Abroad
ITRenew
Keller Williams Realty Lake Travis - Lauri McNevin
Kinnarps USA
Kinnser Software
Lakeline Oaks Adult Living Community
Leadership Worth Following, LLC
LegalZoom
Link Coworking
LNV, Inc.
Longhorn Steakhouse
Malaspina Healthcare Consulting
Murphy Business and Financial Corporation
NoackLittle Architecture & Interiors
Noble Insurance
Northwestern Mutual Financial Network
Nothing Bundt Cakes
Onestar Foundation
P. Terry’s Burger Stand - North Lamar
Paragon Printing & Mailing
Paramount and State Theatres
Pedernales Electric Cooperative, Inc.
Performing Arts Programs, Inc.
Powell Financial Partners
Provident Crossings
Quality Inn & Suites-Manor
RedRoc
Resort Lifestyle Communities
Rooted in Austin
Roya Johnson - Keller Williams Realty
Sebesta Blomberg and Associates, Inc.
Sector Supply LC
Security National Mortgage
Senior Care Centers at Onion Creek
South Texas Money Management
Strasburger & Price, LLP
SunPower Corporation
The BlackStone Group
The Carlson Law Firm, P.C.
The Retreat at North Bluff
The Society for Financial Awareness (SOFA)
TRAVELHOST Austin Magazine
Turn Up Group
Ultra Electronics
Vu Telepresence
Waggener Edstrom
Westminster Manor
Whale Shark Media, Inc.
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