Regional Economic Prosperity: The Role of the Greater Richmond Partnership Who we are

Public/Private not‐for‐profit regional economic development organization promoting the City of Richmond and the counties of Chesterfield, Hanover and Henrico. Vision To aggressively generate economic opportunities that create quality jobs for all the citizens of the region and increase the tax base for needed community services.

Mission Statement To globally market the as a preferred business location, generate domestic and international prospects, and support the localities’ business retention efforts. Core GRP Programs

Marketing

Business Attraction

Business Retention & Expansion Marketing Reach

Google and LinkedIn users viewed ads by the Greater Richmond Partnership over 53 million times last year. Cost of Living Program

Collaborative effort to increase regional exports with GRP, the VCU Center for Urban and Regional Analysis, ’s Gateway Region, JP Morgan Chase and VEDP.

Projects Industry Breakdown (YTD) Domestic vs International Prospects

37% Domestic 63% International

Richmond continuously ranks one of the Top 10 Mid-Sized American Cities of the Future in Foreign Direct Investment (fDi) Magazine’s North American Cities of the Future. Richmond Region International Companies Project Lead Source

Localities 1% VEDP 7%

Consultants & Brokers 3% Allies Referral 87% 2% GRP Direct Travel Last Fiscal Year Domestic: • Anaheim, CA‐Natural Products Expo West • Austin TX‐SXSW Trade Show • Little Rock, AR‐IEDC Economic Future Forum International: • Big Rock Valley, MI‐ED Research Partners • Los Angeles, CA‐LA Metro Mission • Brussels, Belgium‐European Association of • Chicago: • , FL‐Consultants Forum Regional Development Agencies Chicago Consultant Missions I, III, and III • Northern Ohio‐Mission • Central France‐Mission Logistics Development Forum • NY/NJ/CT: Women in ED Forum • UK Mission New York Metro Missions I and II Intl. Manufacturing Tech. Show • Germany: • Pittsburgh, PA‐InterCity Visit Chicago Metro Mission Dusseldorf‐Medica & Mission • San Antonio, TX‐ED Institute • Cleveland, OH‐IEDC Annual Hannover‐Hannover Messe & Mission • San Diego, CA‐Bio International • Dallas, TX‐Dallas Metro Consultant Mission • Istanbul, Turkey‐World Association of • Southern Florida‐Brazil Subsidiary Mission • DC, VA: Investment Promotion Agencies (WAIPA) • DC Metro Consultant Missions I, II, and III Tampa, FL‐IAMC Spring Conference • South Korea: • Denver Metro‐Denver Marketing Mission • Washington, DC: Korea Mission Craft Brewers Conference Seoul, Korea‐Korea Medical Equipment Show • Fort Lauderdale‐ED Institute Federal Forum • Mumbai, India‐Mission • GA/SC‐Southeast Consultant Mission Global Cities Summit • Poland, Czech‐Eastern Europe Mission • Jacksonville, FL‐IEDC Leadership Conference Select USA • Sao Paulo‐Brazil Mission White House Summit • Shanghai Metro‐China Mission Travel in Current Fiscal Year International: • Chicago: • Michigan: • Austria/Switzerland ‐ Mission Chicago Consultant Missions I, II, and III Cassopolis –EDRP Retreat • Central France ‐ Mission Private Label Trade Show Lansing/Grand Rapid ‐ Mission • England ‐ Mission Process Expo • , MN: • Germany: Women in ED Forum IVC • Dusseldorf‐Medica & Mission Colorado: Minneapolis Metro Mission Hannover‐Hannover Messe & Mission Denver Metro‐Denver Marketing Mission • Nashville, TN: • Ireland ‐ Mission Vail– Logistics Development Forum Craft Brewers Conference • DC, VA, MD: • Italy ‐ Mission Nashville Mission DC Metro Consultant Missions I, II, and III • Northern Ohio ‐ Mission • Poland‐Mission DC Metro Mission • NY/NJ/CT: • Sao Paulo, Brazil ‐ Mission • Florida: New York Metro Missions I and II • Shanghai Metro‐China Mission Fort Lauderdale‐ED Institute • Texas: • Toronto: St. Petersburg –Consultants Forum Austin –SXSW Trade Show IEDC Annual Southern FL –Brazil Subsidiary Mission Dallas Metro Consultant Missions I and II Toronto Metro Mission • Georgia/South Carolina: Fort Worth‐ED Institute Domestic: IAMC Spring Conference • Washington, DC: • California: Southeast Consultant Mission Federal Forum Anaheim‐Natural Products Expo West • Las Vegas, NV‐IEDC Leadership Conference Global Cities Summit Los Angeles‐LA Metro Mission Greater Richmond Partnership Real Estate/ Chesterfield Development

Legal & Hanover County Local Accounting Economic Economic Development Development Allies Prospect Banks/ Offices Henrico County Insurance

Education/ City of Training Richmond Va. Economic Development Partnership Global Assistance Program (GAP)

• Referral program to help the company find the right team of US lawyers, accountants, insurance agents, etc.

• All partners are highly qualified and have worked with international businesses before

• Information is kept confidential and first meeting with any partner is free Past Three Fiscal Years - Announced Projects GRP Project Examples

732 Jobs $8.2 million Investment 55 Jobs Source: Broker $57 million Investment 100 Jobs Source: Consultant $100 million Investment Source: Company

100 Jobs 200 Jobs $1 million Investment 500 Jobs $10 million Investment Source: Private Company $18 million Investment Source: Consultant Source: Consultant Thank you!

Rowena Fratarcangelo Vice President, Business Development Greater Richmond Partnership [email protected]