JumpStart 2013 Denver's economic development strategy continues
1376_ 4.17.13 - There are more than 25,000 Denver businesses and enterprises, approximately 420 of which have more than 100 employees. However, the 420 firms with more than 100 employees represent nearly 50 percent of the total jobs in Denver. Compared to the U.S. economy, Denver has a significantly higher concentration of persons employed in the energy, healthcare, information technology, finance and professional/business services fields. These firms generally produce high-value products and services. Employees of these firms tend to receive higher wages and are required to hold advanced educational training. Top concerns of Denver’s employers include a strong educated workforce, safe and energetic business areas, and reasonable operating costs as compared to other parts of the state and country. In 2013, OED will continue to focus on retaining three groups of businesses: (1) the largest private and nonprofit employers; (2) high-growth sector companies; and (3) firms with soon-to-be expiring leases. A continuous outreach campaign to owners and C-level executives will demonstrate the city’s commitment to the business community while identifying issues and highlighting the benefits of operating a company in Denver. We are setting focus on the best strategies to advance economic prosperity for the city, its neighborhoods, residents and businesses. The 2013 JumpStart strategy provides a clear signal to the community as to how we are working to build a stronger Denver, with jobs and housing opportunities for all. And, JumpStart 2013 is a road map for our staff — it drives the work plans and priorities for all OED staff divisions. Because economic development is a continuous, multi-year task, this year’s strategic plan also includes a separate longer-term plan that sets forth our strategic direction for the next three years. You’ll see that our 2013 initiatives relate directly to this broader three-year plan. Similarly, our future annual plans will also support the long-term strategy. JumpStart 2013 clearly builds upon our successes from last year. We again have seven main sections, or what I refer to as “pillars” of economic development. Each of our pillars for 2013 includes a series of bold, forward-thinking strategic initiatives to help us accomplish our important mission. The OED will continue to engage in partnerships with business industry groups, including better support for renewable and traditional energy companies located in downtown Denver. This heightened focus will result in more business leaders choosing to live, work, play and stay in Denver.
RELATED LINKS: Denver OED || JumpStart 2013 Denver || Greenprint Denver || Entrepreneurs || KEYWORDS: Paul Washington, Denver, Office of Economic Development, Jump Start 2012, Business Retention, Small Business Advocacy, Business Recruitment, Sustainable Neighborhood Development, Business Lending, Workforce Development, Key Strategic Projects, bytes=6260927
LISTEN TO: Paul Washington, Executive Director, OED, City & County Denver

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