Message from the Chairman
 

 

Despite all the “gobblygook” from media pundits, our local economy is thriving.  Yes, we are impacted like everyone else from the world-wide financial crisis, but as our retreat facilitator stated on September 17th, there’s no better place in the United States to weather this storm.  We agree!

And speaking of our Board planning retreat, Jon Hockenyos of Texas Perspectives facilitated and reviewed present economic conditions since our July quarterly Board meeting and then divided the participants into working groups to outline strengths, weaknesses, opportunities and threats in the Comal County/New Braunfels area.  Downtown re-development, airport re-development, and expansion of the local medical/health services sector were three key areas brought out from the session. Hockenyos reminded us that organizations like ours can play a key role via becoming a vehicle for strategic direction on an annual basis, becoming a forum on issues impacting economic development, facilitating communication to the community, and providing gap funding for projects.

Our Board luncheon October 14 received a presentation on the base realignment and closure (BRAC) process as it relates to the medical sector in San Antonio, specifically Ft. Sam Houston.  The economic impact of the 2005 BRAC on this region is about double that of Toyota with over 5,000 jobs plus 4,000 additional students.  Now that’s a lot of impact!  The reason why we wanted to learn more about the medical sector growth in San Antonio is we don’t want to reinvent the wheel for our efforts in medical services recruitment.  Our retreat facilitator has listed various local initiatives and strategies that we can undertake (click here for more information).

Your Foundation is a partner with the city in two projects that will pay dividends for wealth creation in the future.  First, we contributed to the Downtown Visioning Plan and the hiring of a consultant that will soon be chosen by the city.  A member of our Board has been added to the Downtown Visioning Committee so that more communication and expertise is added to that group during this process.  We also contributed to the Talent Project, along with the city, county, Chamber, and Christus Santa Rosa - New Braunfels.  That project will help quantify the community projects we need to have to attract the “creative class” and give local government entities and organizations input on the various assets that we need to have to grow our economy.

Our staff continues on an aggressive trade missions schedule and we have outlined many details of those missions in this newsletter.  The old saying that “you gotta ask for the order” still rings true today and in our current economy more outreach programs are necessary to bring as much investment and jobs to the community as we can.  Finally, our newsletter will update you on all the latest projects either underway or about to be underway.  Your Foundation is a true partner in the Build NB effort and your contribution in time, money and talent makes that happen.  Thanks!

Barry Williams
GNBEDF Chairman