Arrow Economic Development Group Launches Multi-Year Plan | Local business news

From staff reports

The Broken Arrow Economic Development Corporation unveiled its strategic plan and fundraising campaign, Amplify Broken Arrow, Thursday at the Forest Ridge Club.

The initiative is built around six pillars: talent attraction; Workforce development; business attraction, retention and expansion; development of the Innovation District; and the entrepreneurship ecosystem and investor relations.

“Amplify BA will provide the foundation to expand multi-year strategic economic development initiatives to create jobs, attract, retain and grow business, develop our future workforce, foster entrepreneurship and support an innovative and prosperous future for our city,” Jennifer Jezek, chairman of the BAEDC board of directors, said in a statement.

“Through Amplify BA’s public-private economic development partnership with the City of Broken Arrow, Broken Arrow Economic Development Corporation, private investors, and other regional and tribal partners, our community will be positioned for growth and prosperity. continue.”

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The Broken Arrow Economic Development Corporation is an independent organization that serves as a partnership between the Broken Arrow business community, municipal government and public schools.

“The City of Broken Arrow has what businesses need to grow and thrive,” Jennifer Conway, President and CEO of the Broken Arrow Chamber of Commerce and BAEDC, said in a statement.

“Focusing on these key strategies will contribute to the creation of 1,000 direct jobs in the targeted industrial sectors and will lead to the creation of an additional 1,148 indirect jobs. After five years, this could create 2,148 new jobs and generate a total annual payroll of over $129 million.

Other goals of the plan include attracting five major employers to the city; launching five entrepreneur-focused programs and helping 600 businesses grow, attract workforce training and provide data support services.

The group also wants to ensure the Innovation District is ready to go live by 2026. The 90-acre site will be a mixed-use development comprising residential, commercial and educational components focused on well-paying career opportunities. .