Five takeaways from the St. Petersburg Area EDC’s Annual Meeting (PHOTOS)

The St. Petersburg Area Economic Development Corp. celebrated five years of impact, at the Don Cesar, last week.

Since the organization’s founding in 2016, it has announced nearly 2,000 jobs, opened 267 job creation projects and assisted 45 companies with relocations, expansions or openings, according to a statement.

Here is a recap of the five major takeaways from the meeting:

  • Don’t be surprised if you start hearing “Team Become St. Pete” around town. The EDC is describing economic development as a “team sport” and plans to “quarterback” private and public businesses, organizations and community stakeholders. The team theme was used throughout the evening.
  • Why St. Pete? Companies say they are choosing St. Petersburg because of its talent, strong tech network and supportive community. Testimonials from newcomer companies all mentioned the “extreme welcome” they received, from everyone they met, as part of the relocation process.
  • In 2021, the EDC helped companies that announced 630 jobs, including ARK Invest, Citrus Media, CodeBoxx, Code-X and more.
  • Two of St. Pete’s targeted Grow Smarter industries are financial services and data analytics, and the EDC is partnering with the University of South Florida and the Tampa Bay Wave to bring FinTech X Accelerator, to St. Pete, to attract fintech companies to the area and position St. Petersburg as a fintech leader.
  • St. Petersburg is “Still in it” on the Tampa Bay Rays. Mayor Ken Welch told the crowd they’re working to keep the team in in the city.

Photos by Tacy Briggs-Troncoso Photography[image_slider_no_space on_click=”prettyphoto” height=”300″ images=”15440,15439,15438,15437,15436,15435,15434,15433,15432,15431,15430″]

You May Also Like

Infrastructure and regional population growth is slowing down shipping 

The United States is said to be a “consumer nation.” This means that the country’s demand for goods exceeds the creation of said goods. We need more things than we

An Unlikely Alliance Brings Financial Literacy to Florida Students

As an entrepreneur, I understand the critical role that financial literacy plays in our world today, and while I’m trying to do my part to provide the information, resources, and

financial literacy - Mark Cuban, Kim Kiyosaki, Dr. David Phelps
Energy companies in Tampa Bay are investing in clean and efficient energy initiatives

When I bring up “energy” your first thought might be “coffee,” because you’re tired and feel you need an energy boost.  It also might be something negative about a recent

Tampa Bay business leaders weigh in on what to expect in 2024

What comes first, growing to expand or expanding to grow? I ask this question often to business leaders I interview, in all industries. And the answer? “It depends.”  That answer

Other Posts

Naples-based yacht membership club names new CEO

Exclusive Yachts, a subscription-based yachting membership club, has appointed David Arredondo as its new chief executive officer. Arredondo has more than two decades of experience in business transformation, startups and

Two Tampa Bay area counties see the highest wealth increase in Florida

A new study from SmartAsset analyzed the places in Florida which have experienced the most wealth generation, over the last ten years. The study measures growth across median income, home

CEO of The Motor Enclave joins BRANDT board of directors

Brad Oleshansky, founder and chief executive officer of The Motor Enclave, in Tampa, has joined the board of directors of BRANDT, a manufacturing company and supplier of agriculture inputs, also

CLA promotes new principal in Tampa

CLA (CliftonLarsonAllen LLP) promoted Andrew Lepore to principal, in the Tampa Bay Office. Lepore has been with CLA for eight years and is a Certified Public Accountant. He currently serves