Since 1982, Monroe County BDC has been using investment dollars to help set a path for economic growth and prosperity for Monroe County and its businesses.
Led by our vision,
"the community will thrive as a result of a diversified business and industrial base that provides capital investment and quality jobs," we strive to meet our mission …
"a non-profit organization that attracts and retains a diverse range of business & industry by leading initiatives that create an environment for economic growth."
Our results underscore the soundness of our strategy, the strength of our partnerships and the huge opportunities that exist within Monroe County.
2016 has been a busy year for the BDC as we led the I-75 Corridor Study, the Soy Bean Processing Feasibility Study, and facilitated the Community Engagement Committee on the decommissioning of the JR Whiting Power Generation Facility. 2016 has been a rewarding year as we watched our unemployment drop to near-record lows and our household income increase to post recession levels in our community.
Our priorities of new business attraction, retention of existing jobs and new capital formation within the manufacturing sector has resulted in almost $7 million investment in both real and personal property. There have been 118 newly created jobs and 69 jobs retained in the various projects we have participated in this year.
On behalf of BDC's Board of Directors, staff and myself, I want to take this opportunity to thank you for your support during 2016. With 2017 around the corner, we look forward to continuing our vision and mission and as we tackle new initiatives that will create an environment for growth and opportunities for Monroe County and its businesses.