Collaborative Involvement Leads to Greater Regional Prosperity
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29 Jan 2025
News
Invest with the Greater Beloit Economic Development Corporation
The Ancient Greek philosopher Aristotle is credited with stating, "The whole is greater than the sum of its parts." A dedication to sound financial practices, innovation and competitive employee wages will further an independent business, yet concerted efforts by numerous business leaders can raise the collective interest of an entire cluster of organizations.
The Greater Beloit Economic Development Corporation (GBEDC) is the instrument driving collaboration in the Greater Beloit Region. With a mission to “foster investment and job growth in the economy, thereby improving the quality of life, educational attainment, housing availability and prosperity for all,” the GBEDC builds connections to the networks, resources and incentives necessary to attract and retain jobs and talent.
As an investor-based public/private organization, GBEDC relies on small and large employers, professional service and retail businesses, community organizations, and private individuals in the Greater Beloit area. The GBEDC needs the investment of regional stakeholders and businesses to provide strong leadership toward that goal. Please consider investing with us today!
So, the question is…why should I invest in the GBEDC?
Develop an active role in your future
A dedicated commitment to the greater community can only be achieved with the dynamic health of your organization. Investing in the GBEDC brings individuals together in a vibrant network to leverage collective knowledge for future growth.
As a GBEDC investor, Fairbanks Morse Defense, the naval power and propulsion systems company, values GBEDC's dedication to fostering community growth. “Greater Beloit Economic Development Corporation is a critical conduit to connect Fairbanks Morse Defense to other members of the business community, specifically members of the local education community,” says Tim Oswald, FMD Chief Human Resources Officer, Tim Oswald.
Access the talent pipeline
Especially in this technological age, a failure to invest in the workforce is a sure way to be left behind. GBEDC is dedicated to preparing the next generation of skilled workers through efforts to significantly strengthen the ability of its investors to connect with the local community and build a brighter future. “The Greater Beloit Economic Development Corporation has been a powerful force in enhancing the knowledge of manufacturing work for the up-and-coming workforce in our community,” said Oswald. “The connections we have built will undeniably impact our future talent.”
Foster a thriving business environment
GBEDC advocates for and works on business-friendly zoning laws, tax incentives and other resources to create a pro-business environment that reduces business barriers to starting and scaling businesses. Better business opportunities result in a stronger local economy. GBEDC provides the support it needs to help drive that economy and business climate for all its investors.
Commit to your future
A bit more recent than Aristotle, legendary Chicago Bulls coach Phil Jackson has preached, “The strength of a team is each individual member. The strength of each member is the team.” It is easy to visualize Jackson imparting that sentiment to local, dedicated businesses and leaders. Become part of the GBEC team today and invest in your future and the potential of the greater Beloit region!
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