Opportunity Austin 3.0 Update
Launched in 2004, Opportunity Austin was a 5-year economic development initiative designed to cultivate job-creating investments in Central Texas, creating regional employment growth and payroll increases. Now beginning its third 5-year phase, Opportunity Austin 3.0 works to ensure that the Greater Austin region remains attractive to entrepreneurs, business leaders and site selectors through expanded advocacy on issues such as a comprehensive regional transportation system and regional collaboration.
Chicago City Visit
This fall, 12 community and business leaders participated in the 2014 Opportunity Austin Chicago Marketing Trip on September 21-24. The trip allowed for attendees to meet with more than 31 different companies, site consultants and local headquarter companies. The group was well represented by the Central Texas region with more than five different Regional Partners in attendance: City of Austin, Round Rock, Cedar Park, San Marcos, and Taylor,as well as five and 5 different Opportunity Austin Lead Investors: Avison Young, Kuper Sotheby’s, Skyles Bayne, Jackson Walker, and Cielo Property Group.
This is one of four major marketing trips that the economic development team leads each year for Opportunity Austin, with the next one set for December 7-10 to New York.
SXSW Eco: Progress for Austin’s Clean Energy Ecosystem
In our growing economy, momentum is building around clean energy. Annualized job growth in clean energy for the city of Austin considerably surpasses the national rate, at 5.3% vs. 3.4%, respectively. Maggie Bishop, Director of Clean Energy & Power Technology at the Chamber, participated in the 4th Annual SXSW Eco Conference this fall. The sustainability-focused event in October brings together leaders across environmental, academia, government and business to discuss what is happening in the clean energy sector, and what is next. The event included networking activities for top clean tech and social impact startups, as well as potential investors and strategic partners, a variety of informational content sessions, and more. Read more about Maggie’s experience at this year’s SXSW Eco, here.
Mashable and British Airways: Bridging Continents
Austin and London are arguably considered two of the most innovative cities around the world. Thanks to the latest British Airways direct flight from Austin to London, the new 787 Dreamliner will connect the two countries and bring new opportunities for the startup and tech world.
Mashable stepped forward to celebrate this new direct route between Austin and London by creating a travel innovation #CurioCity Contest in the UK. The winners were able to travel to Austin via the British Airways direct route and enjoyed a five-day tour in the Austin tech scene: winners enjoyed participating in Austin Startup week, a visit to TechShop, ACL, and more. The contest showcased a small taste of the possibilities this new direct flight will bring to both cities. Watch Mashable’s video summarizing the trip, here.
September Relocations and Expansions
There were a total of 2,247 jobs created in the month of September. Of the nine relocations this past month, Marco Fine Arts, Firefly Space Systems and Acxiom were amongst the top job creators this month. In addition, five companies expanded in September, including Progressive Insurance, which created 187 jobs in the Austin area. Click here for more details.