Happy Economic Development Week, everyone! This week, May 9-15, is nationally recognized by the International Economic Development Council as an opportunity for promoting local programs that create jobs, advance career development opportunities, and improve communities’ quality of life everywhere.
I am greatly pleased to share during this week that our region’s great partnerships and regional collaboration has put us on track for the best year ever for our region’s economic growth. The Greater San Marcos Partnership (GSMP) is about to close on its eighth company expansion or relocation this fiscal year. More details will be shared soon, but I want to take this moment to reflect on what this number of announcements means.
If you are a familiar reader of this column, you already know that fiscal year 2020 (ended September 30, 2020) was a tremendously successful year for our region. Even with the challenges that the pandemic presented, GSMP facilitated the relocation or expansion of seven companies, bringing a conservative estimate of 550-plus new jobs.
