The Jefferson City Chamber’s existing business program provides outreach support services to assist in the retention and growth of the business community.
Since 2007, the Chamber existing business program has worked aggressively to facilitate opportunities for growth, by focusing their efforts on projects that have a higher capacity to create multiple jobs, taxable real/personal private investment and lead to sustainable long-term economic benefits to the community. Within this time period, the Chamber has assisted in the facilitation of 37 expansion projects by area manufacturers (some companies having multiple expansions) equating to just over 1315 net new jobs, with an estimated total payroll of plus $42.1 million (est. average wage per new job = $32,000).
As the economy continues its slow growth, we must support local expansion opportunities along with maintaining our efforts to attract new business as the private sector will provide the mostly likely opportunities for increases in employment. In addition, we as a community must continue to invest in the areas of infrastructure, schools, recreational amenities, and public safety to retain and attract a quality workforce. Economic growth within a community is not facilitated by one entity or organization; it takes a multi-pronged approach by both the public and private sector to provide the resources and assets required by businesses and community improvement projects. Overall economic growth is attainable, and we must view economic development efforts with a long term view point.
For questions regarding Existing Business, contact Shaun Sappenfield.