city of deerfield beach economic development
TRANSCRIPT
ECONOMIC DEVELOPMENT
• Business Attraction, Retention and Expansion• 364 new companies• 13 companies visited• 109 companies assisted
FY19 ACHIEVEMENTS
ECONOMIC DEVELOPMENT
• Talent Attraction • Qualified Targeted Industries
• DNA Labs• Tellus
• LaunchCode• Career Source Broward• Deerfield Beach Career and Resource Fair• Hire DFB• Ready 2 Work Soft Skills Training
FY19 ACHIEVEMENTS
ECONOMIC DEVELOPMENT
• Business Outreach Events• State of the City• Commercial Brokers’ Breakfast• Quarterly Business Roundtables• Referrals to Partner Events• Trade Shows – ICSC, SUP-X, Mayors’ Realtor Breakfast, Broward
County Small Business Expo, Florida International Trade and Cultural Expo (FITCE)
FY19 ACHIEVEMENTS
ECONOMIC DEVELOPMENT
• Business Assistance• 109 Businesses assisted Year to Date• Platinum Permitting• Social Media Marketing• Start Up Coaching
FY19 ACHIEVEMENTS
ECONOMIC DEVELOPMENT
•Marketing• Social Media Campaigns – Facebook, Twitter, LinkedIn• Retail Attraction – Trade Shows• Database of Prospects• Property Catalogue of Real Estate Opportunities• Developer/Investor Meetings
FY19 ACHIEVEMENTS
ECONOMIC DEVELOPMENT
• Expanded Regional Marketing and Partnerships• Greater Fort Lauderdale Alliance • International Council of Shopping Centers• Certified Commercial Investment Marketers• South Florida Manufacturers Association• South Florida Technology Association• South Florida Realtors’ Association• Fort Lauderdale Executive Airport• Broward County Convention and Visitors’ Bureau• Urban Land Institute• National Association of Industrial and Office Parks• Broward County• Deerfield Beach Economic Development Council• Deerfield Beach Chamber of Commerce
FY19 ACHIEVEMENTS
ECONOMIC DEVELOPMENTFY19 ACHIEVEMENTS
In 2019 Deerfield Beach ranked # 15 among the
Best Small Cities to Start a Business in
the USSource: WalletHub
ECONOMIC DEVELOPMENT
• New Businesses• Special District Investment – Pioneer Grove, Dixie Highway,
Four Corners• Employment Growth in Targeted Industries• Increase in Per Capita Income• Access to Opportunities for Deerfield Beach Residents• Small Business Assistance – Entrepreneurship, Advanced
Industry Spin-off
FY20 GOALS
ECONOMIC DEVELOPMENT
FY19Budget
FY20Recommendation
$ Change % Change
Personal Services $178,615 $193,988 $15,373 8.6%Operating Expenditures $183,650 $208,194 $24,544 13.3%Capital Outlay $0 $0 $0 0.0%Total $362,265 $402,182 $39,917 11.0%
OPERATING BUDGET
ECONOMIC DEVELOPMENT
• Catalytic Project Funding• Pioneer Grove, Dixie Highway, and Four Corners
• Economic Development = Redevelopment•Online Retail Replacing Bricks and Mortar Stores• Legislative Mandates• Assessing Innovative Businesses
FUTURE CONSIDERATIONS BEYOND FY20