Goals:

The goals of the Q5 initiative serve two purposes. First they set the trajectory of our program and ensure that we are reaching high enough with our daily effort to accomplish each goal we have identified. Secondly, they help measure our partnerships in the community as we collaborate in new ways to grow our economy.

Simply, we seek 4,500 new jobs in five years, $2.6 billion new wealth and 379 new firms operating profitably in our metro area. Here are some additional outcomes we seek:

EXPECTED OUTCOMES:
Job Creation, Expansion and Retention
1. Retention and/or creation of 4,500 primary jobs over five years.
2. Significant occupancy of the Medical District development areas.
3. Focused strategy around our most promising target industries.
4. Increased deal flow involving local entrepreneurial activity and new ventures.

Development Policy
A broadly supported, well funded, strategically designed infrastructure and capital improvement program that addresses needs throughout the metro area and acts as a catalyst in accomplishing our strategic growth goals. Strong ROI on new capital investment in all sectors of the region, greater legislative clout impacting growth and development in the region, and an improved outlook for major capital projects and institutional funding.

Diversity Development
Leverage local assets to generate an increase in minority-owned businesses by 7.5% per year. Decrease the African American unemployment rate by half.

Workforce and Education Excellence
1. Improved graduation rates and test scores.
2. An increase in positive, demonstrative impact in school district classrooms from business involvement.
3. Compelling arguments for and increased financial support of public education.
4. Growing higher education enrollments.

Strategic Leadership Council
The Emerging Opportunities Fund will advance the strategic goals of the Q5 initiative and put in place strong partnerships throughout the community.