Jobs4TN Plan Results from ECD Review

The Plan

The Jobs4TN plan (.pdf) lays out Governor Bill Haslam's administration's economic development strategy resulting from a review of the department of Economic and Community Development (ECD), focusing on

• prioritizing the strategic recruitment of target industries,
• assisting existing Tennessee businesses in expansions and remaining competitive,
• supporting regional and rural economic development strategies, and
• investing in innovation and reducing business regulation.
  

"My top priority is for Tennessee to be the number-one location in the Southeast for high-quality jobs," Haslam said. "Our Jobs4TN plan is a blueprint for doing just that. By leveraging our existing assets in each region, we will be able to attract new businesses to the state while helping our existing businesses expand and remain competitive. We will also be making significant investments in innovation to position Tennessee as a national leader well into the future."

The governor's Jobs4TN plan was developed over a 45-day period and involved interviews with more than 300 stakeholders, community leaders, and national experts as well as through seven roundtables across the state. The plan includes four key strategies.

next: Target Clusters, Existing Industries

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*The Tennessee Department of Economic and Community Development's mission is to develop strategies that help make Tennessee the number-one location in the Southeast for high quality jobs. The department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth.

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In 2010, expansion of existing business accounted for nearly 86 percent of new jobs created in Tennessee.