To be eligible for Site Selection’s analysis, a project must meet one of these criteria: a minimum capital investment of US $1 million; create fifty or more new jobs; increase floor space by a minimum of 20,000 square feet.
A vibrant community works to nurture their business climate. The cultivation of a strong business climate via systematic, comprehensive retention programs that focus on customer satisfaction (just as the private sector does) create satisfied CEOs who can be effective cheerleaders for a community and state. One of the main ways that CEOs evaluate a community’s business climate is through conversation with other CEOs.
When a community undertakes the Business Retention and Expansion program, the process helps them implement best practices related to cultivating their business climate and ecosystem. A byproduct of the program is the nurturing of relationships amongst the often-overlooked mid-sized and smaller-sized businesses, with tremendous growth potential, with local resources.
