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LafayetteEconomicDevelopmentAuthorityApril 9, 2019
Economic DevelopmentA program, group of policies, or activity that seeks to improve theeconomic well being and qualify of life for a community bycreating and/or retaining jobs that facilitate growth and provide aSource: International Economic Development Council (IEDC)stable tax base.The Fundamentals Local Economic Analysis and ProfilingStrategic PlanningEconomic Development Marketing and AttractionReal Estate Development and ReuseFinanceEntrepreneurial and Small Business DevelopmentWorkforce DevelopmentCommunity Development
What LEDA DoesLEDA works with businesses as they makedecisions to start, expand or relocate inLafayette, LA and the surrounding communities.Through innovative collaborations with business,government and education, LEDA strives to growthe community’s business base for futuredevelopment and diversification.
Quality ManagementLEDA acknowledges that quality is defined by thecustomer. In order to ensure customer satisfaction,LEDA is devoted to continuous improvement andstrives to maintain a quality driven environment.
Regional Economic DevelopmentStateRegionLocal
Built on our WorkforceEducationK-12 and Higher EducationWorkforceSupplyStudents graduating lopmentEconomicDevelopmentConnection of JobSeekers withEmployersWorkforceDemandJob placement/SkillsDevelopment ProgramsEmployers/Job Creation
Employment by ortationWholesale TradeRetail TradeInformationF.I.REHealth ce: Bureau of Economic 10.6%20.6%15.3%employed inwealthcreatingindustries
The ProcessWorkflow: Business Recruitment andBusiness Retention and ExpansionRESOLVE:RESEARCH:ENGAGE:Industries, Companies,Markets and DemographicMeetwith CompaniesProvide Informationand/or Services;Educate about Resourcesand Programs(Added Value)ENGAGE:Partner Company withAlly Organization(Outreach and Solutions)GOAL:Satisfied Client,Expansion and/orRelocation
Strategic Plan
Business Life CycleSTART:Small BusinessDevelopmentDevelop a strong relationship with businesses to fostercompany growth at every level of their business cycleand maintain a healthy business climate and build astronger business communityEXPAND:Business ExpansionandJob GrowthRECRUIT:New BusinessandJob GrowthGROWTH:Workforce DevelopmentDEVELOP:Market DevelopmentINNOVATE:Innovation,Process Improvement,LEAN
Evaluate and Assess Gather information: Company concerns Economic concerns Challenges within the business, industryand/or community Challenges with building, facility, or currentlocationDiscuss company’s objectives and goals, productsand services, and customers and suppliersIdentify common issues or barriers and addressconcernsEducate businesses about programs andresources
LEDA Services for Business Market AnalysisCompetitive ResearchOpportunity MachineIdentification of Resources & Ally ReferralsBusiness Visitation ProgramIncentive Assistance: Federal, State, & LocalWorkforce SolutionsSite Selection & Real EstateTax Incentives & FinancingOmbudsman ServicesMatchmaking & International Relations
Programs:
Case Study: WaitrWaitr announced the firm will locate itsLafayette headquarters in the city’sdowntown district, where the company willdeliver 200 new direct jobs. The 200 newdirect jobs will provide an average salaryof 55,000 per year, plus benefits. Waitremploys over 5,800 office employees,software developers and drivers inLouisiana, and has more than 1 millionactive users nationwide.
Case Study: CGI2015CGI - UL Research Park - Lafayette, LA2018
Case Study: SLCC Nursing Program
Mark D. MoutonManager of BusinessRetention and Expansion337-593-1400markm@lafayette.orgLearn more aboutLafayette, LA and LEDA:www.lafayette.org
Programs/Colleges Connection of Job Seekers with Employers Job placement/Skills Development Programs Workforce Demand Employers/Job Creation. . Case Study: SLCC Nursing Program. Learn more about Lafayette, LA and LEDA: www.lafayette.org Mark D. Mouton Manager of Business Retention and Expansion 337-593-1400 markm@lafayette.org .