What is Partners for Growth?
Partners for Growth is a coalition of public and private investors who fund economic growth through the Mobile Chamber, the economic developer for the City of Mobile and Mobile County. Partners for Growth investments create prosperity and growth for local businesses and residents, building a better Mobile.
It’s all about creating jobs and supporting a strong workforce. We do this with five strategic objectives:
Existing business & expansion support
Engage and support existing employers to identify expansion opportunities, address challenges and facilitate competitiveness.
Investor relations engagement
Actively engage investors in the Chamber’s economic development program activities and oversight.
New business investment attraction
Leverage Mobile’s global competitiveness to advance the creation of quality jobs and attract new capital investment to enhance economic growth.
Quality of place and community development
Prioritize the development of assets within the community to enhance the quality of life and standard of living for new and existing citizens.
Talent & workforce development programming
Improve Mobile’s ability to attract, retain and develop talent in the area.
5 Year Goals
The Chamber’s economic development team will have varying degrees of “control” and “direct impact” on these metrics. As critical measures of economic growth and prosperity and indicators of progress toward our strategic objectives, we will track, monitor and report these metrics over the course of the five-year initiative.
2,500 NEW PRIMARY JOBS
with average annual wages of $62,500
ACHIEVE MEDIAN HOUSEHOLD INCOME OF $52,500
in Mobile County
in the 18-65 age range
$1.5 BILLION IN NEW CAPITAL INVESTMENT
new and expansion projects
INCREASE LABOR PARTICIPATION RATE
to meet or exceed the national average