Retention & Expansion
Growing Economic Prosperity in Central Texas
Approximately 38,000 private business establishments have chosen Austin to grow their businesses. And it's easy to see why.
Austin is a young, smart and successful city with un-bounding energy and creative ideas. The region houses one of the fastest growing major job markets in the U.S. with a youthful, well-educated workforce. College graduates make up over 40% of the adult population and nearly half the region's population is between 18 and 44 years old.
Austin is recognized across the globe for its great quality of life and dynamic high tech economy with over 3,300 technology companies and 100,000 technology workers calling it home. The median home price is 23% below the national average and Austin has the highest per capita income of Texas cities.
Approximately 80% of new jobs created in the greater Austin region will be created by employers that are already located here. The Austin Chamber, and its regional economic development partners from the five-county area, remains committed to assisting present industries, fostering a climate of growth and expansion in every business sector of Central Texas.
Regional business retention visits to hundreds of business executives each year have uncovered barriers to growth and profitability which have helped focus regional Chamber efforts in local, state and federal Legislation, workforce, local government services and business attraction
Executive Visitation Program for Growth
The Business Retention and Expansion program at the Austin Chamber is a five-county regional business executive visitation program. Through on site, one-on-one visits, the Chamber' professional staff works with Central Texas companies on programs and opportunities to promote their growth throughout the region. Executive visits are a key activity for the team and provide information on discerning issues which hinder growth for the company and our region. In 2007, BR&E surveyed 150 regional executives and worked with more than 200 regional companies to provide individual assistance and address widespread concerns.
Through numerous activities and initiatives, regional BR&E efforts strive to create opportunities for regional employers. Through activities targeted at start-ups to the largest employers in the region, BR&E initiatives have connected businesses and created opportunities for employers throughout the five-county region.
We want to engage our regional businesses in activities that foster the retention and growth of your company in Central Texas. Schedule a meeting to discuss how our professional staff can connect your business to opportunities for growth.
The Austin metro population expanded by 41% from 1999 to 2009, while Texas grew at a rate of 21% and the nation at 10%
