that have the asset put together a proposal for their review .
The process is mostly existing facility or available greenfield site oriented , and the workforce and quality of life questions come after your site has been determined to be viable . Inselman is the Chamber lead on all recruitment projects .
Business Retention and Expansion The last leg of the stool is the most important , business retention and expansion . Upwards of 90 % of new job growth in a community will come from its existing companies , and likely another community ’ s recruitment project is an existing facility leaving their current community .
Making sure our local employers are taken care of and given the resources needed to grow is vital to the community ’ s ability to wgrow its employee base . This is done by forming strong relationships with key decision makers of our local employers and advocating on their behalf when issues arise .
LEFT TO RIGHT : Justin Minges , Joshua Hawkins & Trenton Inselman speak to the Leadership Stillwater Class XXIX about their roles in economic development .
Ensuring we have a pulse of when a company needs help or is looking at expansion are key factors in this role . There are incentives available from the state department of commerce for existing business expansion , so we look to assist local employers in tapping into available resources to help them grow . Hawkins is the Chamber lead for business retention and expansion projects .
The Stillwater Chamber Economic Development team looks to help entrepreneurs get started , bring new business to Stillwater , and help our local employers grow and remain successful . Our team is passionate about Stillwater and happy to help any business in Stillwater tackle whatever is in front of them . We look forward to helping Stillwater grow ! Additional information about Stillwater economic development can be found at www . GrowStillwater . org .
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COMMERCE | 2021 Profile Magazine of the Stillwater Chamber of Commerce