2016 Invest Atlanta Annual Report
2016 Invest Atlanta Annual Report
2016 Invest Atlanta Annual Report
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Photo courtesy of Midtown Alliance<br />
<strong>2016</strong> Economic Development Overview<br />
<strong>2016</strong> YTD<br />
7,568<br />
Jobs Created*<br />
Industry Wins<br />
New <strong>Invest</strong>ment by Sector<br />
Advanced Logistics<br />
$401M<br />
7,000<br />
Job Creation<br />
Goal<br />
Total Capital<br />
<strong>Invest</strong>ment<br />
$1.4B<br />
HQ & Professional Services<br />
$155M<br />
Other<br />
$240M<br />
Computational Processing<br />
and Engineering<br />
$607M<br />
Total: $1.403B<br />
*Includes jobs created by Opportunity Zones<br />
Total <strong>Invest</strong>ment in Millions<br />
Industry Wins<br />
Goal<br />
$500M<br />
Goal<br />
50<br />
Actual<br />
$1.4B<br />
Actual<br />
86<br />
$500M $1B $1.5B<br />
0 20 40 60 80 100<br />
At 204% of Goal<br />
At 172% of Goal<br />
Through the vision and commitment of Mayor Reed and the <strong>Atlanta</strong> City Council, <strong>Invest</strong><br />
<strong>Atlanta</strong> continues to implement a coordinated, holistic strategy for economic development.<br />
This includes incentives for attracting new companies, programs that help existing<br />
companies expand, and initiatives that nurture startups and small businesses.<br />
A key component of <strong>Invest</strong> <strong>Atlanta</strong>’s approach is the cultivation of a competitive ecosystem<br />
that offers companies access to a talented workforce, renowned research institutions, an<br />
advanced technology infrastructure and a welcoming place to do business.<br />
Goal<br />
Actual<br />
Job Creation<br />
7,000<br />
7,568<br />
0 2,000 4,000 6,000 8,000<br />
At 108% of Goal<br />
Computational<br />
Processing<br />
and Engineering<br />
5,969<br />
Industry Wins New Jobs by Sector<br />
Total: 7,132<br />
*Retained jobs not included<br />
Other<br />
786<br />
Advanced Logistics<br />
330<br />
GQ & Professional Services<br />
24<br />
Digital Arts<br />
6<br />
In fact, <strong>Atlanta</strong> is no longer just a city where U.S. corporations want to relocate. It is a top<br />
contender for global corporations looking to move their headquarters to the United States.<br />
Small Business Total Economic Impact -<br />
Progress Towards $3 Million Yearly Goal<br />
Goal<br />
Actual<br />
$3,000,000<br />
$3,271,295<br />
TEI (based on TPC / Jobs)<br />
0 1,000,000 2,000,000 3,000,000 4,000,000<br />
13 Accelerating Economic Momentum<br />
At 109% of Goal
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