April 2015
Get it On in Rochester, NY
Greater Rochester Enterprise s Mission
Finger Lakes Region Population: 1,219,672 Total Workforce: 602,000 Geographic Size: Comprised of 9 counties in Upstate New York: Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming and Yates 6,727 total square miles Bigger than Connecticut, Delaware, Rhode Island, and DC Sources: U.S. Census Bureau, July 2013 Population Estimates; New York State Department of Labor, June 2014
Upstate High Tech Corridor Buffalo Rochester Syracuse Population: 3,231,790 Workforce: 1,478,400 Establishments: 75,080 Colleges & Universities: 50 College Students: 254,033 30 th Largest State - Iowa, Mississippi, Arkansas, Utah, Kansas, Nevada, New Mexico, Nebraska, West Virginia, Idaho, Hawaii, Maine & New Hampshire. Source: U.S. Census Bureau American Communities Survey 2012; NYSDOL Dec 2013; 2012 Annual Average for workforce; National Center Education Statistics
Region s Diversified Economy Education and Knowledge Creation Life Sciences Optics and Imaging Advanced Manufacturing Business Services and Software Health Care Energy Innovation Food Processing and Agriculture
New York: Bringing in the Bottom NY 2 nd worst state in which to do business NY has not addressed the major issues affecting its business climate. Source: Chief Executive Network 2015 Regional Report
Accolades for Rochester #1 Best Place to Buy a Home America s 10th Smartest City Ten Schools in Top 3% of America s Best High Schools One of 35 U.S. Innovation Hubs 7 th Brainiest City in America 13 th Most Innovative City in the U.S. Best City in U.S. for Commuters 5 th Best City for Families One of Ten Underrated Hotbeds of American Innovation One of Ten Most Unexpected Cities for High-Tech Innovation #1 Most Livable Bargain Market Ranked Among 10 Cities Poised for Greatness Ranked Among America s 50 Best Cities 3 rd Best Economy in the U.S. 13 th Biggest Patent-Generating Metro #18 Among The World s Leading Science Cities 2 nd Least Stressed Out City Safest Weather City in the Northeastern U.S.
New Growth in Rochester Region
Industry Sectors to Watch Nanotech / Semi-conductors High Value Business Services Advanced Manufacturing Food and Beverage Manufacturing
Business Attraction Update
Business Attraction Pipeline Current Pipeline: 22 active projects Total Investments $11.1 Billion New Jobs 7,838 9 Site Visits from 8 companies Drop, Eagle, F, Golden, Mango, Pinto (2), Squeeze and Veggie Total Investments $263 million New Jobs 1,908 New Projects: 12 Closed Projects: 13
Business Attraction Hot Prospects Eagle Silicon Wafer Manufacturing Total Investments $700 million New Jobs 1,000 Finalist Several Site Visits Veggie Fruit & Vegetable Processor Total Investments $20 million New Jobs 200 Finalist Awaiting Company Decision
Business Attraction Hot Prospects Mango Wood Products Manufacturing Total Investments $56 million New Jobs 800 Finalist Several Site Visits Squeeze Vegetable Processor Total Investments $16 million New Jobs 120 Finalist Awaiting Company Decision
REDC Top Performer = $80.7M
First New Build at EBP in 30 years Bioscience Fermentation Center
Business Accelerator Received $5 Million Highest Award
RIT s MAGIC Spell Studios
UR s Institute for Data Science
STAMP Game Changer for Region Business Attraction Focus: Semiconductor Flat Panel Display Photovoltaic (Solar) Bio-Sciences Advanced Manufacturing and R&D type projects Site & Regional Features: 1,250 acre campus High Capacity Infrastructure 12M gpd Water, Sewer 24 Natural Gas transmission main 200MW to 500MW Electric [NGRID/NYPA] Hydropower Zone Commuter Shed: 2.1M 7 Regional University s (17,500) 5 Community Colleges (53,000) GCC, ECC, MCC, NCCC, FLCC Economic Returns Potential: 20B + investment Up to 10,000 jobs onsite 50,000 jobs regionally Site Development Investment: Current Phase: $33M Full Build Out: $350M
Partnership with Fortune 76% of participants stated program enhanced perceptions of Rochester 77% likely to consider Rochester for business expansion projects One new project already generated
You may have heard the buzz from sources like Kiplinger, Fortune, and CNN Money that compliments Rochester, NY on everything from being insanely brainy to having an incomparable commute. Yeah, yeah, yeah, we get snow, but like any challenge, we know how to deal with it. So, that's why there's no denying that Rochester, NY is the coolest city around. 1. Whip Smart. Utilized Email Marketing & Social Media to create buzz More than 100K media impressions via Facebook Lumosity named Rochester, NY the 7th brainiest large metro in the nation. Colleges and universities in the Greater Rochester area enroll more than 88,000 students, grant more than 19,000 degrees annually and are ranked third in the country for degrees per capita.
Utilize email marketing and social media to create buzz BlackBox Biometrics Measuring concussions URMC work with HPV Vaccine Vuzix wearable technology Exelis Payloads for GPS IMAX Laser Technology
Stay Connected to GRE Visit RochesterBiz.com for Latest GRE news Why Rochester Rocks Available Sites & Buildings Podcasts of Radio Show View new video Workforce Data
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