EVOLVE Business and Professional Magazine August 2018 | Page 28

ECONOMIC DEVELOPMENT IN VOLUSIA COUNTY by Dwight DuRant, PE Chairman, Team Volusia Economic Development Corporation and workers and raises standards of living for all, thus achieving deep prosperity – growth that is robust, shared, and enduring.” Team Volusia EDC is doing its part to fuel the local economy by implementing three strategies that will help the organization achieve success in the future. T he pace of business increases exponentially year over year. But in the economic development arena, things seem to happen in the blink of an eye. That means that economic development professionals must leverage every marketing discipline and every outreach initiative to remain competitive. The executive staff of Team Volusia Economic Development Corporation is keenly aware of this and already is taking steps to ensure it remains a contender for new and expanding companies well into the future. To do anything less would amount to hollow victories. Amy Liu of the Washington, D.C.-based Brookings Institution, echoed that sentiment in an address to the International Economic Development Council. She said, “Success in economic development in the future calls for putting a regional economy on a trajectory of higher growth that increases the productivity of firms | 28 | EVOLVE BUSINESS AND PROFESSIONAL MAGAZINE First, Team Volusia EDC practices aggressive outreach, putting the organization’s president & CEO Keith Norden and his team in dozens of key forums across the nation and around the world every year. Technology makes it easy and affordable to extract valuable information from various forums, trade shows and sales missions without having to travel to them. However, getting that information in person and interacting with key players one-on-one is priceless and often results in Volusia County being considered for projects. High-touch has a bigger and bigger impact in today’s high tech world. Second, Team Volusia EDC is sharpening its marketing focus on the aviation and aerospace industry. The organization plays a key supporting role in pursuing this marketing segment, working closely with the Volusia County Economic Development Division, which takes the lead on pursuing aviation and aerospace leads. Our geography alone is a strategic advantage to aviation and