EVOLVE Business and Professional Magazine May 2020 | Page 38

Area chambers of commerce also play a key role in economic development and often are the first point-ofcontact on a project.” at home we ran into a buzz saw,” said Mirabal. “There is a great deal of pride in each of our 16 cities and practically none of them wanted to be marketed under the “Daytona” umbrella. So while ‘Volusia’ is not widely known, it is the name of our county and had to be featured in the organization’s name,” he said. Team Volusia Economic Development Corporation was born. The early years were challenging as the organization struggled to find its place among stiff competition and finding “investors” proved to be a challenge. But eventually the organization gained traction and built a team that works well together toward common goals. Team Volusia rarely works alone. Its most frequent partners are the CEO Business Alliance and the Volusia County Economic Development Division. The CEO Business Alliance is funded entirely by the private sector. Specifically, approximately fifteen local business leaders voluntarily fund the organization. As a privately funded organization, the CEO Business Alliance can operate privately – and confidentially, which can be a huge asset in the rough-and-tumble world of economic development. The Economic Development Division of Volusia County Government is funded entirely by tax dollars. So, while its engagement on a particular project brings the muscle and influence of county government to bear, by law it operates entirely in the sunshine. Together, these three organizations comprise the oft-cited threelegged stool representing economic development leadership in the community. While they often work together, they rarely work without the engagement of other entities and the unique resources they may bring to the table. For example, Embry-Riddle Aeronautical University in Daytona Beach is the world’s pre-eminent aviation and aeronautical university. Its leadership in bringing Arralis, a global leader in radar technology, to Volusia County was a key factor in the company’s site selection. Other colleges and universities in the area each have resources that can influence such decisions. Area municipalities also influence decisions based on their geography, population, demographics and resources. Each of Volusia County’s 16 municipalities brings its own profile and resume to the table. Many have economic development professionals of their own on staff. Area chambers of commerce also play a key role in economic development and often are the first point-of-contact on a project. Other organizations such as CareerSource, a public sector organization that plays a key role in workforce recruitment and training, and Volusia Manufacturers Association, a private sector alliance of leading area manufacturers, often play an important role in bringing new companies to the community. Of course, the participation of site selection consultants and the area’s commercial Realtors is essential on any project that involves site selection. Last year alone, these and other entities teamed in various configurations, bringing leading edge companies to Volusia County, including Future Foods, Loën Laboratories, Smart Baking Company, Extended Stay America and 1Up Logistics. These projects, along with Arralis and the Amazon.com fulfillment center have combined to increase Volusia’s competitive profile in the highly competitive economic development arena. This activity, combined with the community’s unique assets, exceptional quality of life, available land in Southeast Volusia County – in close proximity to Florida’s Space Coast, and strong support among state and local government officials are expected to propel Volusia County to lofty levels of competitiveness in the rapidly evolving aviation and aerospace industries. The only thing that makes the area even more competitive is collaboration, and it is well-versed in that discipline. Michael Jiloty is a marketing specialist. He is a graduate of Leadership Florida and is the principal writer of Volusia County Economic Development Quarterly. His portfolio includes numerous awardwinning advertising, marketing and public relations campaigns. | 32 | EVOLVE BUSINESS AND PROFESSIONAL MAGAZINE