1. November 24, 2015 Economic Development Quarterly Report (July - September, 2015 Activities)

2. Business Attraction November 24, 2015  80,000 – 120,000 SF Retail  10,000 SF Call Center  Office Max  Wal-Mart’s US Manufacturing Summit  Texas, Georgia, Siloam Springs  Multi-Family Housing

3. Business Attraction November 24, 2015  Social Media Outlets Facebook, LinkedIn, Twitter  Print 2016 Fayetteville Livability Magazine NWA Democrat Gazette  Website Doing Business, Jobs, Training, Blogs, News Unique pageviews: 7,484  Media

4. Business Attraction November 24, 2015  Assisted new businesses to the city Food truck, restaurants, Market College  Business referrals Music bands, non-profits, marketing & promotions, venues on Dickson Street  New Business Openings Whataburger, Taco4Life, Raising Cane’s, Market College Ave Plaza  New Construction Along Wedington, WRMC, @mosphere

5. New Businesses November 24, 2015 Type (July- Sept ‘15) FTEs# of Businesses Home Grown 93.50 65 Out of Town Owners 166.50 37 Total 260.00102 FTEs# of Businesses Oct ‘14 – Sept ‘15 1,018.50 354 Less Closed businesses ( 482.00) (201) Net Total 536.50 153

6. New Businesses November 24, 2015  From Oct 1, 2009 – Sept 30, 2015: 2,368 New Businesses 8,406.25 FTEs 2,191 Days  1.1 New Business a Day, Every Day for 2,191 Days  3.84 FTEs Created a Day, Every Day for 2,191 Days  LESS: 812 Businesses that became inactive (34%) 1,736.5 FTEs Lost (21%)  NETT: 1,556 New Businesses 6,669.75 FTEs

7. Business Retention & Expansion November 24, 2015  Several businesses are hiring: GrilleHouse Seafood and Steaks, Tacos4Life, Joplimo Mattress  Expansion Completed: Marshalltown Warehouse Expansion Packaging Specialties New 40,000 SF building Bright Technology New 80,000 SF building Blue Top Liquor building  Former IBM building completely leased

8. Business Retention & Expansion November 24, 2015  Technical Assistance  Completed 50 one-on-one business site visits  6 Events: Find It Fresh Luncheon Excellence In Business Awards How To Put Your Business on the Map Seminar How To Start A Business in Fayetteville Seminar Washington County Teachers Expo Fayetteville Teachers Expo Technical Assistance

9. Entrepreneurship November 24, 2015  Prospective entrepreneurs interested in: Pedal Pub business, entertainment/amusement business, refurbishing electronics business, baseball academy  Responded to inquiries or requests for information  FabLab

10. Building Permits November 24, 2015 Year# PermitsValuation (MM) Nov, 2015 828$ 300 20141,004$ 268 2013 871$ 194 2012 881$ 329 2011 705$ 141 2010 645$ 112 4,934$1,344

11. Infrastructure November 24, 2015  AEDC organizational restructuring  Former Mountain Inn property  College Ave Redevelopment from Maple to Milsap  Workforce development WIOA Emerging workforce-high school and college Internship Manufacturing plant tours Diversity—Hispanic Heritage Festival Mentorship Talent recruitment  22 partner organizations, 7 Fayetteville non-profits, 207 local businesses, 19 out of town contacts

12. Good News, Challenges, Things to Do November 24, 2015  Strengths: Local businesses expanding New out of town businesses Wage is increasing  Weaknesses: Wages is increasing Inadequate supply of large buildings Topography and soil conditions

13. Good News, Challenges, Things to Do November 24, 2015  Opportunities: Infrastructure improvements Regionalism  Threats: Merger & Acquisitions Low unemployment Competitiveness Workforce housing

14. Thank You! November 24, 2015 Chung Tan, CEcD Fayetteville Chamber of Commerce 123 W Mountain Fayetteville, AR 72701 E-mail: ctan@fayettevillear.com