Connection Points | May 2019
“Here at LVGEA, we expect 2019 to be a great year for economic development. Nevada continues to lead the nation in job creation and population growth, which is resulting in a tremendous impact in our community. So far this year, LVGEA has added nearly 400 assisted jobs, hosted two events projecting a positive economic forecast for Southern Nevada and expanded our online presence to further showcase partners and good works in the region. Take a look below for additional updates and to see how we continue to push our community forward.” – Jonas R. Peterson During Q1, our team worked with partner organizations to help create 391 jobs in Southern Nevada from 6 companies relocating to or expanding in the region. Check out our news center for recent company announcements. This year’s Perspective event at South Point welcomed a record audience of 680 attendees. The Perspective Data Book and Community Survey have been released. Revisit the sessions through our livestream. LVGEA is partnering with Metro Chamber on the Federal Forum. Taking place September 8-10 in Washington, D.C., the organizations will jointly host a dinner to highlight diverse industries and audiences in Nevada, as well as advocate to Congressional members. While there is a wide range of reported economic impacts for historical Super Bowls hosting outside of Las Vegas and other special events held in Las Vegas, the impact of a Super Bowl and associated activities in Southern Nevada could approach $1.0 billion. The following highlights the range of reported Super Bowls. The Las Vegas Global Economic Alliance (LVGEA), in partnership with the Perspective Council, hosted its 39th annual Perspective event at South Point Hotel & Casino on Tuesday, May 14. More than 680 attendees—a record turnout—gathered in South Point’s Grand Ballroom to hear about workforce development and talent, as well as Southern Nevada’s changing economy. Speakers included Crescendo Strategies President Cara Silletto, Dartmouth College Professor Sydney Finkelstein and Applied Analysis Principal Analyst Jeremy Aguero. The Las Vegas Global Economic Alliance (LVGEA), Southern Nevada’s regional economic development authority hosted the 5th Annual State of Economic Development at the Four Seasons Hotel February 6, 2019. More than 500 community and business leaders were in attendance to gain insight on the investments being made in Nevada through economic development and job creation, as well as the top projects heading into 2019. PThe Las Vegas Global Economic Alliance (LVGEA) is proud to announce the addition of two new full-time team members: Chris Zunis and Nick Clason. Zunis and Clason will help Southern Nevada’s regional economic development authority to continue advancing the economy through connectivity, community development and strong business recruitment, retention and outreach efforts.
By Rick Velotta | Las Vegas Review-Journal A Super Bowl in Las Vegas could become the first event ever producing more than $1 billion in economic impact on the community, an economic development expert said Thursday. Jonas Peterson, president and CEO of the Las Vegas Global Economic Alliance, told a crowd of more than 150 that the explosion in popularity of sports in Southern Nevada and the new infrastructure that has been produced for sports assures that the city would enjoy an economic bonanza if the new Las Vegas stadium is awarded a future Super Bowl. By Jordan Gartner | KTNV – ABC 13 Monday marked the start of Economic Development Week in Las Vegas. And the Las Vegas Global Economic Alliance shared a map with 13 Action News that showed how many businesses it has helped since 2012. The LVGEA reports it has helped more than 20 companies over the past seven years with generating more than 20,000 jobs. Currently, Nevada is the fastest job-producing state in the country. By Doug Puppel | KNPR – Nevada Public Radio While the development agency in Nevada’s northeastern region is gaining steam, the president and CEO of Southern Nevada’s economic development agency said the economy in Southern Nevada is booming. “It is a combination of new companies and growth of existing firms that is really driving Southern Nevada and really the state to become the economic development success story of the country,” CEO Jonas Peterson said. He said that Nevada is leading the U.S. in job and population growth. Peterson said the state is seeing a boom in logistics and manufacturing jobs. In fact, he said there would soon be a big announcement coming up. The Annual Awards Dinner will be held on September 26, 2019 at ARIA Resort & Casino’s Ironwood Ballroom. The event will reflect on a year of accomplishments celebrating LVGEA’s core values: innovation, leadership, partnerships and jobs. The awards will recognize some of the companies and individuals helping to further community and economic development in Southern Nevada. The night also will bring together some of the businesses that are expanding in the region and helping to create jobs and diversify our economic tax base. <![if !mso]>LVGEAAwards.com<![endif]>
Las Vegas Metro Chamber of Commerce and LVGEA will co-host the Nevada State Dinner Gala, an annual black-tie affair, at the Willard Hotel on Monday, September 9 at 6 p.m. in Washington, D.C. The dinner is designed to highlight the collaboration by our entire state by representing a diverse group of industries, constituencies, and audiences. On September 10, LVGEA and Metro Chamber will jointly advocate for the interests of Nevada and the business community’s federal agenda while meeting with Congressional members. The Las Vegas Global Economic Alliance works to diversify the economy and attract, retain, and expand businesses in Southern Nevada. As a community-supported 501(c)6 nonprofit entity, none of its work is possible without the generous support of its investors. The LVGEA is proud to showcase all of its investors while recognizing its Pinnacle Level and Presidential Level investors in this newsletter. |