2020 TSEP Success Report

TSEP Success Report - 2020

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TABLE OF CONTENTS OVERVIEW OF OUR ACTIVITIES, RESULTS, AND SUPPORTERS

MEMBERSHIP Pages 22-23

ACTIVITIES Pages 4-11

Development involves the investment of money into fixed capital assets (land, building, equipment) and/or the creation and retention of jobs. There are many different types (areas) of development we work on, includ- ing industrial, commercial, and residential; downtown, rural, and international; tech, workforce, community, infrastructure, real estate, and program; as well as site selection, incentives, em- ployee recruitment and training, and development capital. DEVELOPMENT Pages 12-21

Priority activities are areas of activity identified in our annual scope of work as the key things we want to focus on for the year. Each activity has specific strategies and metrics associated with it, and it is our primary way of focusing our work and measuring our results. Our Scope of Work for 2020 has 6 key priority areas: (1) Project Facili- tation; (2) Program Administration; (3) Organizational Development; (4) Real Estate; (5) Retention & Expan- sion; and (6) Communication & Marketing. Coronavirus Assistance became a 7th activity area.

TSEP is a 501(c)3 charitable private economic development corpora- tion that currently receives 58% of its funding from contracts with the City of Tiffin and Seneca County, and 42% of its funding from its 53 private members and 17 additional contributors. Additionally, TSEP earns fee-for-service income for administering the Sandusky- Seneca-Tiffin Port Authority, Tiffin’s Community Development Block Grant (CDBG) and other programs. It also raises funds through down- town banner sales and events.

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$92 M In 2020, more than $92 million in new investment was announced. Since 2014, organizations in Tiffin and rural Seneca County have announced investments totalling $422 million. INVESTED

JOBS

In 2020, companies announced projects involving the creation of 459 new jobs. Since 2014, companies in Tiffin and rural Seneca County have announced the creation of more than 2,000 new jobs.

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