Summary: Commerce Lexington Inc. is Central Kentucky’s leading non-profit, private organization that promotes business development. It’s economic development division focuses on creating and retaining jobs through new business recruitment, existing business expansion and entrepreneurial development. The Director of New Business Development will be responsible for maintaining and establishing relationships with site selection consultants, business leaders, state and local government officials, utility, and transportation representatives. The right candidate will maintain thorough knowledge of the local and state business resources. This individual will work closely with the Executive Vice President of Economic Development on strategy and outreach for new investment into the community.
Essential Functions/Duties -
• Assist the Executive Vice President for Economic Development and team in strategic planning of marketing initiatives to recruit new primary business to the central Kentucky region.
• Attend national forums, conferences, and trade shows to demonstrate central Kentucky’s quality of life and opportunities for business development.
• Initiate and manage new business prospect activity and coordinate site visits with state, local, and industry partners as necessary. Additional Duties and Responsibilities
• Work alongside internal team to support existing business retention, expansion, and entrepreneurial development.
• Collaborate with regional economic development partners to coordinate meetings, special events, programs, and project updates.
• Demonstrate ability to analyze and communicate data relevant to workforce, wages, tax revenues, capital investment, real estate development and other primary economic development factors as appropriate.
• Coordinate economic development packages with Kentucky Cabinet for Economic Development & LexingtonFayette Urban County Government to demonstrate central Kentucky’s primary assets.
• Assist clients and site selection consultants in obtaining information on environmental regulations, transportation, utilities, real estate options, available incentives, and funding sources, etc.
• Remain current about federal, state, or local legislation/regulation changes, which affect economic development.
Other Duties - Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Skills and Competency
• Ability to travel frequently.
• Ability to establish effective relationships and maintain communication with members, leadership team, and coworkers
• Self-motivated, dependable, well-organized, and capable of working independently to balance and prioritize multiple requests and complex tasks related to project activity and economic development.
• Demonstrates an excellent grasp of business development concepts to meet target goals of new job creation, investment, and wage growth.
• Professional, diplomatic, tactful, resourceful, sensitive to industry and workforce diversity, and understand the importance of cultural competency.
• Understands sensitive nature of position and demonstrates confidentiality.
• Possess strong written and verbal skills. • Must have excellent organizational and communication skills
