Fort Bend EDC 2023 Annual Report

An Overview

Economic development and business attraction is changing cross the industry as markets and communities quickly shift from an incentive-driven, jobs, location, and capital investment focused approach to development to a more wholistic understanding of individual communities.  A renewed focus on “soft benefits” such as quality of life, quality of place, and access to workforce has changed the economic development landscape and prompted communities to reevaluate their business attraction strategies and toggle between direct and indirect marketing efforts.  Additionally, any of our communities are focused on redevelopment, which is a new approach for the county.

The Fort Bend EDC is changing as well, welcoming a new county department of economic development and opportunity, engaging a firm (in partnership with the county) to study our community and develop a strategic plan, recommitment to advocacy for quality education and flood management efforts, and repositioning staff and resources to best meet the needs of the stakeholders and community at large.

We are developing change, proactively positioning Fort Bend County and the Fort Bend EDC to succeed in this new development landscape. The FBEDC remains focused on moving forward in an impactful and strategic way to ensure Fort Bend County remains Greater Houston's Finest Address.

Founding Principles

FBEDC Initiated an aggressive, innovative program of work, forward leaning yet still tied to the organizations founding principles

Business Attraction

To identify and aggressively pursue the location and expansion of qualified businesses and well-planned residential ventures in Fort Bend County.

Business Climate

To coordinate and improve the economic vitality of Fort Bend County by promoting and preserving a positive climate for business and investment including the redevelopment of economically disadvantaged areas.

Public-Private Cooperation

To participate and cooperate with other organizations and governments in support of common interests and to facilitate solutions to problems that cross geopolitical boundaries.

Infrastructure

To help ensure the community maintains and plans for the necessary infrastructure to sustain quality growth.