Business Retention & Expansion (BRE) Program

Existing businesses are a critical factor in the successful long term economic development of the County. Although business attraction as a program tends to be a big focus in economic development, it is estimated that about 75% of the employment growth in an area is generated by already existing local businesses. Existing businesses also form the economic foundation of our community, providing jobs for local residents and tax revenue for the County.  St. Lucie County continues to improve the overall social and economic conditions for all residents. One of the key tactics in accomplishing this mission is to develop a Business Retention and Expansion program (BRE) for our existing businesses.

Through a collaborative effort of St. Lucie County's Strategic & Economic Development Division, Workforce Development Board of the Treasure Coast, the Economic Development Council of St. Lucie County and St. Lucie County's Chamber of Commerce, Business Retention Expansion (BRE) of St. Lucie County, is working to gain a better understanding of the local economy, local companies, and future changes.   The BRE Program tries to identify the following:

  • Companies at risk - Companies that are considering closing or relocating.  We attempt to address the concerns before the companies close or relocate.
  • Companies ready for Expansion - Companies that are ripe for expansion. We attempt to find ways the EDD can assist in that expansion.
  • Company Business Needs - Uncover business needs, local factors, or trends that might lead a company to shutdown, relocate or expand.
  • Communication - Establish an on-going communication between the public and private sector, and build a pro-business attitude for local businesses.
  • Knowledge - Build a knowledge base of the local economy.

The County's continued growth is dependant on retaining and growing our existing business base.

If you are interested in participating in the Business and Retention Program, please contact Larry Daum at 772-871-5417 to schedule a site visit.

 

 

 

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