ECONOMIC DEVELOPMENT

Business development, retention and expansion is the driving force behind the Metro Chamber’s economic development objectives.

Businesses in a local economy are the primary engines of economic growth, with as much as 80 percent of new employment in a region due to the expansion of existing companies. Through the Metro Chamber’s business retention and expansion efforts and Business Bridge, businesses are able to access the resources, tools and information they need to grow and prosper.

ECONOMIC DEVELOPMENT ACTIVITIES

The Metro Chamber is a proud leader or partner in the following Economic Development endeavors that benefit the Capital Region.

The Metro Chamber is an official Consortium Member of AgPlus, a federal Investing in Manufacturing Communities Partnership (IMCP) aimed at boosting manufacturing across the Central Valley.

The Capital Region Business Resiliency Initiative (BRI) aims to increase awareness and preparedness for business continuity risks faced by small and medium enterprises in the Capital Region.

The Metro Chamber is now managing, in collaboration with Sacramento State and other partners, the Capital Region Small Business Development Center (SBDC). The goal is to provide small businesses with valuable and trusted advice along with access to the capital needed to create jobs and advance their own local economic development objective.

See SBDC stats below

SBDC-FINAL-logo-01

Each year, the Metro Chamber partners with Sacramento State for the Sacramento Business Review. This event features the most comprehensive, precise, and intellectually sophisticated analysis of the regional economy.

The Capital Region SBDC is an official partner in iHub, focused on empowering the region’s natural competitive advantages in agro-sciences, medical services, clean energy, and government technology to develop competitive growth clusters.

The Metro Chamber is a primary partner in crafting Next Economy, the economic blueprint for the region focused on accelerating job creation and new investment in key business areas.

The Capital Region SlingShot initiative aims to fortify regional economic prosperity and improve income mobility by creating a stronger regional innovation ecosystem.

Learn more >>

Join us as we explore what has been coined the “Midwest’s Cultural Capital.” By participating with the 2016 Study Mission delegation, you will help set the agenda for the Capital Region as we explore a host of topic areas in the Twin Cities. For more information, visit our website!

Study Mission 2016

Business Bridge is the Capital Region’s, region-wide system for retaining and expanding local companies. Since 2007, the Metro Chamber has managed the Business Bridge partnership in collaboration with nearly 20 public and private sector organizations. Business Bridge is founded on the philosophy that job growth begins when community leaders build strong relationships with regional companies – particularly the small and mid-sized employers among them. These relationships are built by:

  • Facilitating personalized interactions with company owners and managers;
  • Identifying their specific needs; and,
  • Connecting them to resources and solutions to address those needs

The hallmark of the Business Bridge program are our Business Walks where community leaders pound the pavement to chat directly with business owners on the status of the current business climate. To date, we’ve conducted over 12,000 visits cumulatively. Following a Business Walk, we do an initial triage of those companies that are in need of immediate assistance and connect them to the resources they need to overcome their unique business expansion impediments.

2015 – 2017 SBDC Stats

$21,395,907

TOTAL CAPITAL

1,394

CLIENTS COUNSELED

73

NEW BUSINESSES CREATED

119

LOANS/EQUITY

320

JOBS CREATED

186

JOBS RETAINED