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OPPORTUNITY
AUSTIN
    ANNUAL
    REPORT
TOP
EIGHT | BEST AMERICAN CITIES TO LIVE AND WORK IN |
                                     Business Review
2011
                                    ANNUAL
                                    REPORT
                      TABLE OF CONTENTS




Message to Investors	              3

Economic Diversification	          5

Technology Partnership / BR&E	     8

Talent & Education	                12

Transportation & Infrastructure	   15

Regional Partners	                 16

Financials	                        17

Board of Directors	                18

Investors 	                        19




     OPPORTUNITY AUSTIN
2




     tim         bobby
CROWLEY        JENKINS
3




                                                          2011
                                                                                  ANNUAL
                                                                                  REPORT
                                                          Message to investors



Throughout 2011, Austin’s reputation as a dynamic leader in employment, education, innovation and
quality of life reaffirmed what many of us have long known: the future for our region is limitless. Our
regional economic model is a proven success, and serves as the envy of many of our peer markets around
the country and, increasingly, around the world.


The numbers tell the story. Austin continues to top countless national rankings for job growth, innovation,
quality of life and more. In fact, Austin ranked as the 26th best economic recovery worldwide--the highest
ranking of all U.S. Cities, according to a global study by the Washington-based Brookings Institution. The
ranking is based in part on job and income growth during the current economic recovery.


Since 2004, Opportunity Austin worked to add an estimated 140,400 new jobs to the Central Texas
workforce, with a payroll increase of $7 billion. At Opportunity Austin, our mission is to build on this
success and sustain our momentum for strong business growth.


We want to thank all of Opportunity Austin’s stakeholders for your continued support. Quite simply,
Austin would not be what it is today without the commitment of our investors, supporters and partners in
Opportunity Austin. Thank you for your investment in a prosperous regional economy for Central Texas.




                                TIM CROWLEY                                   BOBBY JENKINS
                                2011 Chair                                    2011 Chair
                                Opportunity Austin                            Chamber of Commerce
4




#1| Best Big Cities For Jobs |
                        Forbes
5




                                                    2011
                                                                        ANNUAL
                                                                        REPORT
                                                    Economic
                                                    Diversification

The Austin area experienced tremendous economic vitality in 2011, with 51 businesses
expanding their offices, industrial production and job force. In addition, 35 new companies
chose to relocate their businesses to our region from other parts of the country, an increase
from 29 in 2010. This economic development occurred across myriad industries, including key
growth industries such as biopharmaceutical, high tech, digital media and clean tech. Strategic
recruitment efforts will continue to further diversify Austin’s business portfolio, and secure the
region’s national reputation as a center of human capital and innovation.




                                      JObS                                         2011
                                      4,096                   RELOCATIONS
                                                              BY INDUSTRY SECTOR
                     JObS                                	               Clean Tech	 3
                                                         	              Data Center	 2
                     3,128
                                                         	            Digital Media	 6
                                                         	      HQ/Regional Office	 1
                                                         	Medical Device/Bioscience	 1
                                                         	Semiconductor	              1
   JObS                                                  	Software	                   6
    547                                                  	Wireless	                   7
                                                         	                  Other IT	 3
                                                         	Other	                      5
                                                         	                   TOTAL	35
  2009              2010              2011
    17               29                35
COMPANIES        COMPANIES         COMPANIES
6




Economic Impact on the Austin MSA
OF New & Expanded Operations
                                                  JOBS                                   EMPLOYEE                          TOTAL
COMPANY                                          created                                compensation                      economic
                                                                                                                           impact
                                                     indirect/
                                            direct   induced     total         direct     indirect/induced      total
3Seventy                                       30       100       130        $2,965,765     $3,974,751       $6,940,516   $15,214,271
58 Phases                                      20        23        43        1,044,637         976,766        2,021,402     3,333,381
Active Power                                   40        54        94        4,207,701       2,443,543        6,651,244    12,818,245
Adlucent                                       30        31        61        1,915,158       1,211,415        3,126,573     5,017,667
The Advisory Board Co.          •            239        245       484        15,257,424      9,650,940       24,908,363    39,974,081
Al Frank Asset Management                      25        14        39          690,975         555,208        1,246,183     1,995,450
Alpha Omega Wireless         •                 20        39        59        1,179,376       1,624,825        2,804,202     7,429,085
Altera Corp.     •                           200        244       444        15,371,814      9,842,796       25,214,611    38,458,909
ArthroCare Corp.                             100        186       286        7,951,664       8,864,193       16,815,857    29,575,277
AT&T Labs    •                               350        419       769        20,899,530     16,753,381       37,652,911    57,932,294
Audiotoniq                                     15        28        43        1,192,750       1,329,629        2,522,378     4,436,291
BAE Systems                                  200        434       634        21,233,673     20,110,747       41,344,419    66,357,245
BeHome247                                      10        33        43          988,588       1,324,917        2,313,505     5,071,423
BlackLocus                                     30       100       130        2,965,765       3,974,751        6,940,516    15,214,271
Broadway Technology                            40       134       174        3,954,353       5,299,667        9,254,020    20,285,693
Catapult Systems                               16        18        34        1,273,693         675,495        1,949,188     3,005,892
Cenoplex                                       10        33        43          988,588       1,324,917        2,313,505     5,071,423
Certain Affinity                               12        40        52        1,186,306       1,589,900        2,776,206     6,085,708
Certain Affinity                               40       134       174        3,954,353       5,299,667        9,254,020    20,285,693
CFAN                                           50        36        86        3,072,347       1,556,987        4,629,334     8,034,160
Cirrus Logic                                 150        183       333        11,528,861      7,382,097       18,910,958    28,844,181
Community Cars                                 30        49        79          690,966       2,223,890        2,914,856     5,784,065
Complete Energy Systems             •        200        578       778        25,254,630     27,468,452       52,723,082   100,879,709
Convio                                         34       113       147        3,361,200       4,504,717        7,865,918    17,242,840
CSIdentity                                     15        50        65        1,482,883       1,987,375        3,470,258     7,607,135
Debix                                          20         9        29          563,872         368,966         932,838      1,419,321
Durcon                                         65        56       121        3,138,781       2,392,258        5,531,039    10,501,020
eBay/PayPal      •                          1,000 1,156          2,156       52,231,824     48,838,290 101,070,114        166,669,022
Electronic Arts      •                       300     1,001       1,301       29,657,651     39,747,505       69,405,156   152,142,708
Emerson Process Management              •    125       417        542        12,357,355     16,561,460       28,918,815    63,392,794
ESPN Longhorn Network                          75      251        326        3,788,946       9,299,724       13,088,670    28,703,121
Evernote   •                                 250       834       1,084       24,714,709     33,122,920       57,837,629   126,785,589
Fallbrook Technologies      •                  65        69       134        2,796,674       3,170,550        5,967,225    10,162,369
Fotowatio Renewable Ventures            •      10        16        26        1,006,882         646,486        1,653,368     4,786,051
Happy Cog      •                               20        22        42        1,592,117         844,369        2,436,486     3,757,365
HDI Plastics                                   75      256        331        6,072,609      11,965,217       18,037,826    34,365,518
HostGator    •                               500       508       1,008       23,699,171     20,561,041       44,260,213   103,264,704

Bold = New         • Projects directly assisted by Austin Chamber
7




                                                   JOBS                                   EMPLOYEE                             TOTAL
COMPANY                                           created                                compensation                         economic
                                                                                                                               impact
                                                  indirect/
                                         direct   induced     total           direct     indirect/induced       total
Image Microsystems                         180       132          312       $7,035,214      $5,319,324       $12,354,538      $23,663,545
Indeed                                       30        35          65        1,566,955       1,465,149         3,032,103        5,000,071
Informatica      •                         175       584          759       17,300,296      23,186,043        40,486,339       88,749,909
Insuraprise                                  35        43          78        2,449,639       1,797,987         4,247,627        7,051,878
Interspire                                   30      100          130        2,965,765       3,974,751         6,940,516       15,214,271
InteSolv    •                                25        28          53        1,990,146       1,055,461         3,045,607        4,696,706
James E. Bashaw & Co.                        15         8          23         414,585          333,125           747,710        1,197,270
KingsIsle Entertainment                      30      100          130        2,965,765       3,974,751         6,940,516       15,214,271
Main Street Hub       •                      29        29          58        1,690,854       1,126,086         2,816,940        5,309,622
Malauzai Software                            30      100          130        2,965,765       3,974,751         6,940,516       15,214,271
mindWireless                                 30      100          130        2,965,765       3,974,751         6,940,516       15,214,271
Nomadesk                                     40      134          174        3,954,353       5,299,667         9,254,020       20,285,693
Office Depot     •                         200         42         242        2,313,445       1,652,012         3,965,456       13,897,213
OwnLocal                                     15        50          65        1,482,883       1,987,375         3,470,258        7,607,135
Polycom                                      60        73         133        4,611,544       2,952,839         7,564,383       11,537,673
ProfitFuel                                 220       225          445       14,044,491       8,883,711        22,928,202       36,796,227
Progressive Insurance                      166       312          478       12,963,548      15,020,493        27,984,040       63,085,406
Rackspace Managed Hosting                  700       711       1,411        33,178,840      28,785,458        61,964,298      144,570,585
Redbird Flight Simulations                   25        54          79        2,654,209       2,513,843         5,168,052        8,294,656
Salsa Labs                                   30      100          130        2,965,765       3,974,751         6,940,516       15,214,271
Samsung                                    330       954       1,284        41,670,138      45,322,944        86,993,082      166,451,513
SceneTap     •                               30      100          130        2,965,765       3,974,751         6,940,516       15,214,271
ScienceLogic                                 14        47          61        1,384,024       1,854,883         3,238,907        7,099,993
ServiceMesh                                  12        40          52        1,186,306       1,589,900         2,776,206        6,085,708
Solar Power Technologies                     15        27          42        1,924,860       1,196,409         3,121,269        4,694,348
Spiceworks                                   95      317          412        9,391,590      12,586,710        21,978,300       48,178,524
Spredfast                                    50      167          217        4,942,942       6,624,584        11,567,526       25,357,117
Starmount                                  130       434          564       12,851,649      17,223,919        30,075,569       65,928,509
Superconductor Technologies         •      135       160          295       10,960,981       7,327,529        18,288,510       26,488,755
Terra Pave International                     10        39          49        1,221,001       1,688,066         2,909,067       14,849,205
Thermo Fisher Scientific                   150       129          279        7,243,342       5,520,595        12,763,937       24,233,124

                  •
(formerly ALC-Collegedale)
US Farathane                               228       165          393       12,058,594       7,074,653        19,133,247       33,689,527
Volusion   •                               140       155          295       11,144,816       5,910,582        17,055,398       26,301,551
Whale Shark Media                            80        92         172        4,178,546       3,907,063         8,085,610       13,333,523
WindData                                   130       132          262        6,161,785       5,345,871        11,507,656       26,848,824
Xeris Pharmaceuticals        •               10        55          65         851,181        2,715,034         3,566,215        7,636,734

TOTAL                                     8,035 13,887        21,992    568,850,940       580,585,630       1,149,436,570   $2,262,110,143

Bold = New       • Projects directly assisted by Austin Chamber
8




2011
                     ANNUAL
                     REPORT
                    TECHNOLOGY
                    PARTNERSHIP
In 2011 the Chamber continued the implementation of
the Technology Partnership, created in late 2010 by the
Chamber board of directors to provide outreach to the
regional technology community. The technology sector
includes over 3,900 companies within a five-region area
surrounding Austin. In fact, tech companies account
for 12% of the region’s total workforce and 25% of the
area payroll. Because such a significant percentage of
our workforce is engaged in technology, the business
retention and expansion work of the Chamber is now
aligned under the Technology Partnership.


Last year, the Technology Partnership engaged over 100
regional tech executives to provide input and direction
to the strategies related to not only business attraction
and retention but also company formation. Seven
technology special interest groups (SIGs) focused the
initiative in the following industry segments:


Technology Manufacturing • Clean Technology
  • Life Science/Healthcare • Mobile • Gaming •
       Advertising Technology • Software

Throughout 2011, Austin saw its regional venture capital investments increase by 13% to over
$1.1 billion. With 6,000 new technology jobs created, the region experienced the largest year
over year increase in the past decade.

Of note in 2011 was the launch of the Startup Austin Texas web portal of the Startup America
Partnership. Austin was the first region in Texas to participate in this national web initiative.
And to increase the visibility of regional technology startups seeking funding, the Chamber
also created the Austin A-List, an easy go-to source for tech startup investors.
9




HIGH TECH EMPLOYMENT BASE
 EMPLOYMENT
 IN SELECTED INDUSTRIES
 AUSTIN MSA
                  			                                                2010	2011
                  High Tech Manufacturing	                           27,304	       28,596
                  	   Computers and electronics	                     23,251	        24,411
                  		 Semiconductors	                                 11,599	 12,638
                  Computers and peripherals wholesalers	             19,776	       20,868
                  High tech information and other IT	                28,671	       32,060
                  Engineering, R&D and labs/testing	                 19,712	       19,997
                  		                               TOTAL	           95,463	101,521




EMERGING TECHNOLOGY FUND
The Chamber manages the Central Texas Regional Center of Innovation and Commercialization
(RCIC) which is the local resource for the Texas Emerging Technology Fund.


                                                         biotechnology & life sciences
                                                                        $26,864,000


                                       23%               advanced technology
                                                         	   & manufacturing $13,000,000


               47%                           9%
                                                         IT/computer technology
                                                                   $5,000,000


                                 21%                     clean energy
                                                           $12,300,000




32 COMPANIES FUNDED SINCE 2006 TOTALING $57.16 MILLION
6 MORE IN THE PIPELINE FOR AN ADDITIONAL $12.4 MILLION
10




BUSINESS RETENTION & EXPANSION
Because 80% of new jobs are created by existing businesses, retaining the companies that
are currently here and fostering their growth is a top strategic priority. Throughout 2011, the
Chamber’s Business Retention & Expansion team (BR&E) worked diligently to engage with
Central Texas executives and identify the top issues impacting regional businesses. The team
visited over a thousand companies, and conducted extensive surveys with more than 300 of
the top regional executives to discover their business needs.

                                YR          #

   REGIONAL                    2010 / 1,071
                                    /                    10% DIFFERENCE
   COMPANY VISITS              2011 / 1,187
                                    /


                                  YR            #

   EXECUTIVE                     2010 / 203
                                      /                       53% DIFFERENCE
   SURVEY MEETINGS               2011 / 312
                                      /

                                       YR           #

   ASSISTANCE                        2010 / 400
                                          /
                                                                 53% DIFFERENCE
   REQUESTS TRACKED                  2011 / 610
                                          /




  | “AMERICA’S CLEAN-TECH HUB” |
                                     Time Magazine (international and US editions)
11




EXECUTIVE SURVEYS
Total employees represented /// 84,779		         More than 100 employees /// 81 (26%)	
Regional payroll represented /// $6.3 Billion	   Fewer than 100 employees) /// 225 (74%)


TOP BUSINESS ISSUES                                     TOP BUSINESS ISSUES
(ALL INDUSTRIES)                                        (BY INDUSTRY SEGMENT)
   % of employment           % of companies
                                                        CLEAN TECH
1. RECRUITMENT PROBLEMS                                    1 Traffic Control
             50%                                           2 Recruitment Problems
                      81%                                  3 Public Transportation

2. AIR SERVICE                                          SEMICONDUCTOR
                     50%                                   1 Recruitment Problems
                    48%                                    2 Air Service
                                                           3 Adverse Legislation
3. TRAFFIC
       27%                                              IT/WIRELESS

                  44%                                      1 Recruitment Problems
                                                           2 Available Workforce
                                                           3 Air Service

                                                        ADVANCED MANUFACTURING
                                                           1 Recruitment Problems
                                                           2 Public Transportation
                                                           3 Traffic Control

                                                        NON TECH
                                                           1 Recruitment Problems
                                                           2 Adverse Legislation
                                                           3 Public Transportation

                                                        BIO/HEALTHCARE
                                                           1 Adverse Legislation
                                                           2 Recruitment Problems
                                                           3 Business Climate Negative
                                                           	 (Soft-landing issues)
12




2011
                     ANNUAL
                     REPORT
    Talent & Education

Opportunity Austin’s groundbreaking talent pipeline initiatives are recognized as a national
model by the U.S. Chamber of Commerce. Due to Opportunity Austin funding, the Chamber
and 15 area school districts set a 70% direct-to-college enrollment goal for the Class of 2015, up
from 62% for the Class of 2010.

        • The region’s first college enrollment initiative exceeded its first five-year goal to
          increase college enrollment from our region by 30% between 2006 and 2010.

        •  he region’s Skillpoint College/Career Expo exposed 13,000 Central Texas high school
           T
          students to Austin careers and the post-secondary education they require.

        • The region’s 2011 Chamber Financial Aid Saturday events helped 2,000 families
          submit federal financial aid forms. Regional Q1 2011 FAFSA filings increased 102%
          since 2006; Class of 2011 financial aid is up $50 million over Class of 2006.

        • Austin ISD’s college/career readiness rate has increased from 38% to 55% from the
          Class of 2008 to the Class of 2010.

        • The region has the most sophisticated regional database (Central Texas Student
          Futures Project) to track individual high school, employment, military and post-
          secondary education data records in the United States.

        • The Austin Chamber, in partnership with local chambers of commerce, issued
          progress reports for the Austin, Del Valle, Eanes, Hays, Hutto, Lake Travis, Leander,
          Manor, Pflugerville, Round Rock, and San Marcos ISDs. These reports monitor
          progress and report out-year school district targets for direct college enrollment,
          college readiness, high school graduation and TAKS pass rates.

        • A task force of business and community leaders also produced an Austin Community
          College (ACC) progress report, detailing ACC’s accomplishments and identifying
          areas for growth, as well as addressing talent development needs specific to certain
          industries in Austin.
13




“ he Austin Chamber of Commerce quarterbacks the strategic
 T
 provision of resources and support and leads sophisticated efforts
 to hold districts’ feet to the fire with the pioneering report card and
 a firm commitment to weighing in on political issues and questions
 of funding.”
          – “Partnership is a Two-Way Street: What it Takes to Help Drive School Reform,”
                                                    U.S. Chamber Of Commerce, June 2011


“ ny tax or bond election will first involve persuading the Austin
 A
 Chamber of Commerce.”
                          – “A Mission to Communicate,” Austin Chronicle, November 2011



“ he Greater Austin Chamber of Commerce, a powerhouse of
 T
 support when it comes to school board tax increase and bond
 elections….has repeatedly called for the district to balance its
 budget and fund academic programs in the five-year strategic plan.”
              – “Austin School Trustees to View Budget, Mull Fiscal Emergency Tonight,”
                                               Austin American-Statesman, February, 2011
14




TOP
20 | strongest performing metro areas |
                       Brookings Institution
15




                                                     2011
                                                                         ANNUAL
                                                                         REPORT
                                                     Transportation 
                                                     Infrastructure

Transportation and infrastructure remain top priorities for Central Texas, and the Chamber
continues to be a leading advocate for improving regional mobility.


In 2011, Chamber board members were appointed to lead key initiatives, including Senator
Watson’s Mobility Improvement Priorities Task Force, the City’s 2012 Bond Election Advisory
Task Force, and CAMPO’s Transit Working Group. Chamber leadership also facilitated dialogue
to implement solutions for congested intersections such as 5th and 6th Streets at Lamar and
Parmer at Dessau.


Visible progress was made with key mobility facilities in 2011, including the opening of the
IH-35/Ben White interchange, SH-130 access to Cameron Road, and the Austin Executive
Airport. The Chamber advocated for bond packages that successfully passed in Travis County
to fund road, drainage, bridge and bike/pedestrian improvements, as well as the acquisition
of parkland, green space and new recreational facilities. The State provided CTRMA with new
options for financing tools, allowing for the potential to proceed more quickly with express
lane projects on Mopac and US 183 South.


Another key infrastructure priority is the funding, development and construction of a top-
tier four-year medical school associated with The University of Texas. Chamber leadership is
actively involved with Senator Watson’s working group on this project, which would enable a
substantial expansion of the life sciences business sector in Central Texas and create a broad
new avenue of opportunity for private sector jobs.


The Chamber supports a comprehensive strategy to plan for future water needs, including
conservation, increased use of reclaimed water and construction of a new Water Treatment
Plant 4. In 2011, following a report from the City Auditor, elected officials agreed that delaying
the project would be too costly, and Water Treatment Plant 4 will now move forward. At the
state level, the Texas Water Development Bonds Amendment (SJR 4) was passed, allowing
increased funding for statewide water infrastructure.
16




2011
                    ANNUAL
                    REPORT
      Regional Partners
      OPPORTUNITY AUSTIN | A FIVE-COUNTY INITIATIVE FOR JOB CREATION


Opportunity Austin 2.0 works with regional partners to ensure the economic prosperity for
Central Texas through job growth and creation. The success of our region is based on the
ongoing collaboration with public and private business leaders throughout the five-county area.



 REGIONAL PARTNER
 INVESTORS INCLUDE:
 AUSTIN
 BASTROP
 CEDAR PARK
 ELGIN
 GEORGETOWN
 HUTTO
 JARRELL
 KYLE
 LEANDER
 LOCKHART
 PFLUGERVILLE
 ROUND ROCK
 SAN MARCOS
 TAYLOR
17




                   Opportunity Austin
                       2011 Financials



INVESTOR RELATIONS | $76,837

OPPORTUNITY FUND | $86,941

  KEEPING GREATER AUSTIN GREAT | $176,901

           BUSINESS RETENTION  EXPANSION | $570,621

                          EDUCATION | $1,265,043

                               ECONOMIC DIVERSIFICATION | $1,362,373




                                   2011 ACTUAL EXPENSES | $3,538,716
18




2011
                              ANNUAL
                              REPORT
    BOARD OF DIRECTORS

CHAIRMAN                          Amy Chronis                             Bill Powers
Tim Crowley                       Managing Partner // Central             President // The University
President // Austin Community     Texas Deloitte                          of Texas at Austin
Banking Group - Frost Bank
                                  Don Kendrick                            Bob Reetz
VICE CHAIRMAN                     Regional President - Central Texas //   Partner // Haynes  Boone
Kerry Hall                        Wells Fargo Bank
President // Texas Capital Bank                                           Tim Taylor
                                  Trey Salinas                            Partner // Jackson Walker
                                  Partner // Martin  Salinas
TREASURER                         Public Affairs, Inc.
Donnie Williams                                                           Donnie Williams
                                                                          President // Austin Area
President // Austin Area          Rick Whiteley                           Sovereign Bank
Sovereign Bank                    Partner // Oxford Commercial
                                                                          Terms Expiring
General Counsel/                  Darrell Windham                         December 31, 2013
Assistant Secretary               Partner // Fulbright 
Tim Taylor                        Jaworski, LLP                           Paul Bury
Partner // Jackson Walker                                                 President // Bury+Partners
                                  Pike Powers
President/Secretary               Director Emeritus                       Volney Campbell
Mike Rollins                                                              Co-Managing Partner //
                                  Terms Expiring                          HPI Corporate Services
President // Greater Austin
                                  December 31, 2012
Chamber of Commerce
                                                                          Jon Foster
                                  Gary Farmer                             President  CEO // St. David’s
Austin Chamber Chairman           President // Heritage Title Company     Healthcare Partnership
Bobby Jenkins
President // ABC Home and         Laura Gottesman                         Rob Golding
Commercial Services               Owner // Gottesman Residential          CEO // Live Oak – Gottesman, LLC
                                  Real Estate
Chamber Immediate                                                         Kerry Hall
Past Chair                        Tim Hendricks                           President // Texas Capital Bank
Barry Mayer                       Senior Vice President //
President // Tokyo Electron       Cousins Properties                      Rob Hutton
US Holdings, Inc.                                                         President // D.R. Horton
                                  Joe Holt
Terms Expiring                    Chairman // Austin Region               Bart Matheney
December 31, 2011                 JPMorgan Chase Bank                     Principal // Aquila Commercial

Charles Barnett                   Chad Marsh                              Pete Winstead
President and CEO //              Managing Principal //                   Shareholder // Winstead,
Seton Family of Hospitals         Endeavor Real Estate Group              Sechrest, Minick, PC

Tony Budet                        Nyle Maxwell                            Howard Yancy
President and CEO //              President // Nyle Maxwell               President // Zydeco Development
University Federal Credit Union   of Austin, LLC
19




                                                              2011
                                                                                         ANNUAL
                                                                                         REPORT
                                                              Thank you to Investors

LEAD INVESTORS | MINIMUM OF $20,000 PER YEAR
3M                                       Dynamic Systems, Inc.                    Professional Janitorial Services
A Greater Austin Development             Endeavor Real Estate Group               Raba-Kistner Consultants, Inc.
Company, Ltd.                            Forestar Real Estate Group, Inc.         Riverside Resources Corp.
AQUILA Commercial, LLC                   Freescale Semiconductor                  Samsung Austin Semiconductor
Armbrust  Brown, L.L.P.                 Frost Bank                               Scott, Douglass  McConnico LLP
ATT                                     Fulbright  Jaworski L.L.P.              Seton Family of Hospitals
Austin American-Statesman                Graves, Dougherty, Hearon  Moody        Simon Properties Group
Austin Commercial, LP                    Hardin Construction Company, LLC         Smith, Robertson, Elliott, Glen,
Austin Community College District        Haynes and Boone, LLP                    Klein  Douglas, LLP
Austin Energy                            H-E-B Austin Regional Office             Sovereign Bank
Baker Botts L.L.P.                       Hensel Phelps Construction Co.           St. David’s Healthcare
Bank of America                          Heritage Title Company of Austin, Inc.   Stratus Properties, Inc.
BBVA Compass                             Hill  Wilkinson                         Stream Realty Partners - Austin LP
Benchmark Land Development, Inc./        HNTB Corporation                         Temple-Inland
Plum Creek                                                                        Texas Gas Service
                                         HPI Real Estate Services and Invest-
Brown McCarroll, L.L.P.                  ments                                    Texas State University-San Marcos
Bury+Partners, Inc.                      Humana, Inc.                             Thomas Properties Group/
Capital Metropolitan                     Jackson Walker L.L.P.                    Four Points Centre
Transportation Authority                 JE Dunn Construction                     Time Warner Cable
Central Texas Regional Mobility          Jones Lang LaSalle                       United Heritage Credit Union
Authority (CTRMA)                                                                 University Federal Credit Union
                                         JPMorgan Chase  Co.
City of Austin / Austin Energy                                                    University of Texas at Austin
                                         Live Oak - Gottesman
Cousins Properties, Inc.                                                          Wells Fargo Bank
                                         Locke Lord Bissell  Liddell LLP
D.R. Horton Homes, Inc.                                                           White Construction Company
                                         nFusion Group
Data Foundry                                                                      Winstead PC
                                         Oxford Commercial
Dimensional Fund Advisors                                                         Zydeco Development
                                         Pape-Dawson Engineers, Inc.
DPR Construction, Inc.
                                         Peter Lamy
DuBois Bryant  Campbell, LLP




INVESTORS |                      LESS THAN $100,000 OVER FIVE YEARS
100 Congress Office Building             Amelia Bullock Realtors, Inc.            Apartment Realty Advisors
3 Point Partners                         American Bank of Texas, N.A.             Apex Global Partners
A+ Federal Credit Union                  American Constructors                    Applied Materials, Inc.
ABC Home  Commercial Services           American Ventus Energy                   Ardent Residential, L.P.
Airco Mechanical, Ltd.                   Amplify Federal Credit Union             Aspen Growth Properties, Inc.
20




Atchley  Associates, LLP            City of Georgetown - Economic           Ernst  Young, LLP
Atkins North America, Inc.           Development Department                  Facility Solutions Group
Atlantic Trust                       City of Kyle                            Farmers Insurance Group of Companies
Austin Business Journal              City of Leander                         Faske Lay  Co., LLP
Austin Coatings, Inc.                Clark, Thomas  Winters,                First Citizens Bank
                                     A Professional Corp.
Austin Commercial Real Estate                                                First State Bank Central Texas
Society, Inc.                        Clean Scapes, LP
                                                                             Flieller, Kruger  Skelton, LLP
Austin Hotel  Lodging Association   Clifton Gunderson LLP
                                                                             Flynn Construction, Inc.
Austin Manor Growth Organization     Clinical Pathology Laboratories, Inc.
                                                                             Focus Strategies Investment Banking
Austin Power Lunch                   CLS Partners
                                                                             Four Seasons Hotel Austin
Austin Regional Clinic, PA/          Coleman  Associates
                                                                             Fox Service Company
Covenant Mgmt. Systems               Comerica Bank
                                                                             Frost Insurance Agency
Austin Telco Federal Credit Union    CompassLearning
                                                                             Gallagher Benefit Services, Inc.
Austin Ventures, L.P.                Concordia University Texas
                                                                             Gensler
Balcones Resources                   Convio, Inc.
                                                                             Glass  Company, PC
Ball - Peoples                       Coors-Shiner-Corona
                                                                             Gottesman Residential Real Estate
Bank of Texas                        CTA Architects Engineers
                                                                             Gracy Title, a Stewart Company
Barshop  Oles Company               CWS Capital Partners
                                                                             Grandbridge Real Estate Capital, LLC
Bastrop Economic Development         CWS Corporate Housing
Corporation                                                                  Greater San Marcos Partnership
                                     Cypress Real Estate Advisors
Beck Group, The                                                              Green Bank
                                     Danze and Davis Architects
Berns Commercial Properties                                                  Greystar Real Estate Partners, LLC
                                     DH Roofing
BlueWater Systems                                                            Group Solutions RJW
                                     David Petrick Company, Inc.
BMC Software                                                                 Grubb  Ellis Co.
                                     David Weekley Homes
Bracewell  Giuliani LLP                                                     GSC Architects
                                     Day Cable Company
BRANDT                                                                       GSDM Idea City LLC
                                     DCA Construction, LP
Braun  Butler Construction                                                  Haegelin Construction Co., Ltd.
                                     Delaware North Companies
Broaddus  Associates                                                        Hahn, Texas
                                     Deloitte, LLP
Buena Vista Foundation                                                       Harden Healthcare, LLC
                                     Development 2000, Inc.
Burt-Watts Industries, Inc.                                                  Harvey-Cleary Builders
                                     Diann Cowling
Capital City Partners                                                        Haynes Whaley Associates, Inc.
                                     DLA Piper US LLP
Capitol Anesthesiology Association                                           HDR Engineering, Inc.
                                     Dominion Advisors
Capitol Market Research, Inc.                                                HealthCare Facilities Development
                                     Don Hewlett Chevrolet-Buick Inc.        Corporation
Cappello Group, Inc.                 Don Martin Public Affairs               Heldenfels Enterprises, Inc.
Carollo Engineers                    Door Number 3                           Hester Capital Management, LLC
Carr, Riggs  Ingram, LLC            Doucet  Associates, Inc.               Higginbotham  Associates, Inc.
Catapult Systems, Inc.               Drenner  Golden Stuart Wolff, LLP      Hill Country Electric Supply
Cathy Coneway                        Duncan Commercial, LLC                  Hillhouse Realty, Inc.
CB Richard Ellis                     Durbin Bennett Peterson Private         Hilton Austin
Cedar Park Economic Development      Wealth Management, LLP
Corporation                                                                  Historic Norwood Tower
                                     Eckert Insurance Group, Inc.
Cencor Realty Services/                                                      HMG  Associates, Inc.
                                     Elgin Economic Development
The Weitzman Group/Cencor Urban      Corporation                             Holtzman Partners LLP
Central Texas Angel Network          Elizabeth Christian  Associates        Home Builders Association of
CCIM Central Texas                   Public Relations, Inc.                  Greater Austin
Champion Partners Ltd.               Ellis  Salazar Garage and Body Shop    Horizon Bank, SSB
Christianson Air Conditioning        Engelking Communications LLC            Howdy Honda
 Plumbing
21




Huston-Tillotson University         Morrison  Head, LLP                   STG Design
Hutto Economic Development          Multimedia Games, Inc.                 Strait Music Company
Corporation                         Munday Enterprises                     Studio 8 Architects, Inc.
Hyatt Regency Austin                NAI REOC Austin                        Summit Commercial
Imagecraft Exhibits                 NorthMarq Capital, Inc.                SVTC Technologies, Inc.
Independence Title Company          Nyle Maxwell of Austin, LLC            T. Stacy  Associates, Inc.
International Bank of Commerce      O’Connell Robertson                    Taylor Commercial Real Estate
Intersil Corporation                Oden Hughes LLC                        Taylor Economic Development
Intertech Flooring                  Padgett, Stratemann  Co., L.L.P.      Corporation
Ironwood Real Estate                Park Central                           TDIndustries
Jacobs Engineering Group, Inc.      Patten Law Firm                        Teeple Partners, Inc.
Jarrell Economic Development        Perficient, Inc.                       Terracon Consultants, Inc.
Corporation                                                                Terry McDaniel  Company
                                    Pflugerville Community
Jeff Stewart, CCIM                  Development Corporation                Texas Capital Bank, N.A.
Jerald Winetroub Company            PlainsCapital Bank - Congress          Texas DPS Credit Union
Jim Cotton                          PMB Helin Donovan, LLP                 Texas Enterprises, Inc.
Jimmy Evans Company                 Porter Company                         Texas Health Credit Union
Joe Bland Construction, L.P.        Powell, Ebert  Smolik, PC             Texas Realty Capital, LP
John C. Lewis Company               PricewaterhouseCoopers, LLP            Thomas Graphics, Inc.
Journeyman Construction, Inc        Prime Strategies, Inc.                 Thompson  Knight LLP
Keller Williams Realty              Prosperity Bank                        Time Insurance Agency
Kennedy Wilson, Inc.                Ranger Excavating, L.P.                Tokyo Electron U.S. Holdings, Inc.
KPMG LLP                            Reznick Group, PC - Austin Office      Tom Terkel
Larry Peel Company                  Rifeline, LLC                          Transwestern Commercial Services
Lee Tilford Agency                  River Place Corporate Park             Treaty Oak Bank
Lexus of Austin                     RKB Contractors, Inc.                  Trimbuilt Construction, Inc.
Lila Nelson Beard                   Rockford Business Interiors            Trinity Real Estate Finance, Inc.
Lockhart Economic Development       Round Rock Economic                    United Commercial Realty
Corporation (LEDC)                  Development Partnership                Urbanspace Realtors, LLP
Longaro  Clarke, Inc.              SACHEM, Inc.                           vcfo, Inc.
Lott Brothers Construction          Saunders, Norval, Nichols,  Atkins,
Company, Ltd.                                                              Versata, Inc.
                                    L.L.P.
Luminex Corp                                                               Walker Engineering, Inc.
                                    Schlosser Development Corporation
Martine Properties, Inc.                                                   Walt Penn
                                    Schmidt Electric Company, LP
Matt Mathias  Company                                                     Walters Southwest
                                    Silverback Acquisitions
Maxwell Locke  Ritter LLP                                                 Weaver, LLP
                                    SpawGlass Contractors, Inc.
McGarrah/Jessee L.P.                                                       Wheeler Fairman  Kelley
                                    SpawMaxwell Company a Balfour
McGinnis, Lochridge  Kilgore       Beatty Company                         Workman Commercial
                                                                           Construction Services, Ltd.
McLean and Howard LLP               Spear Street Capital
                                                                           Workplace Resource
Meador  Jones, LLP                 St. Croix Capital Corporation
                                                                           Wortham Insurance  Risk Management
MHBT Inc.                           Staats Falkenberg  Partners, Inc.
                                                                           Zapalac/Reed Construction
Moore  Associates, Inc.            Steve Hall                             Company, L.P.
Moreland Properties, Inc.           Steve T. Matthews Company




                                 OPPORTUNITY AUSTIN 2011
Opportunity Austin
535 East 5th street
Austin, Texas 78701
    512.478.9383

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2011 OA Annual report

  • 1. OPPORTUNITY AUSTIN ANNUAL REPORT
  • 2. TOP EIGHT | BEST AMERICAN CITIES TO LIVE AND WORK IN | Business Review
  • 3. 2011 ANNUAL REPORT TABLE OF CONTENTS Message to Investors 3 Economic Diversification 5 Technology Partnership / BR&E 8 Talent & Education 12 Transportation & Infrastructure 15 Regional Partners 16 Financials 17 Board of Directors 18 Investors 19 OPPORTUNITY AUSTIN
  • 4. 2 tim bobby CROWLEY JENKINS
  • 5. 3 2011 ANNUAL REPORT Message to investors Throughout 2011, Austin’s reputation as a dynamic leader in employment, education, innovation and quality of life reaffirmed what many of us have long known: the future for our region is limitless. Our regional economic model is a proven success, and serves as the envy of many of our peer markets around the country and, increasingly, around the world. The numbers tell the story. Austin continues to top countless national rankings for job growth, innovation, quality of life and more. In fact, Austin ranked as the 26th best economic recovery worldwide--the highest ranking of all U.S. Cities, according to a global study by the Washington-based Brookings Institution. The ranking is based in part on job and income growth during the current economic recovery. Since 2004, Opportunity Austin worked to add an estimated 140,400 new jobs to the Central Texas workforce, with a payroll increase of $7 billion. At Opportunity Austin, our mission is to build on this success and sustain our momentum for strong business growth. We want to thank all of Opportunity Austin’s stakeholders for your continued support. Quite simply, Austin would not be what it is today without the commitment of our investors, supporters and partners in Opportunity Austin. Thank you for your investment in a prosperous regional economy for Central Texas. TIM CROWLEY BOBBY JENKINS 2011 Chair 2011 Chair Opportunity Austin Chamber of Commerce
  • 6. 4 #1| Best Big Cities For Jobs | Forbes
  • 7. 5 2011 ANNUAL REPORT Economic Diversification The Austin area experienced tremendous economic vitality in 2011, with 51 businesses expanding their offices, industrial production and job force. In addition, 35 new companies chose to relocate their businesses to our region from other parts of the country, an increase from 29 in 2010. This economic development occurred across myriad industries, including key growth industries such as biopharmaceutical, high tech, digital media and clean tech. Strategic recruitment efforts will continue to further diversify Austin’s business portfolio, and secure the region’s national reputation as a center of human capital and innovation. JObS 2011 4,096 RELOCATIONS BY INDUSTRY SECTOR JObS Clean Tech 3 Data Center 2 3,128 Digital Media 6 HQ/Regional Office 1 Medical Device/Bioscience 1 Semiconductor 1 JObS Software 6 547 Wireless 7 Other IT 3 Other 5 TOTAL 35 2009 2010 2011 17 29 35 COMPANIES COMPANIES COMPANIES
  • 8. 6 Economic Impact on the Austin MSA OF New & Expanded Operations JOBS EMPLOYEE TOTAL COMPANY created compensation economic impact indirect/ direct induced total direct indirect/induced total 3Seventy 30 100 130 $2,965,765 $3,974,751 $6,940,516 $15,214,271 58 Phases 20 23 43 1,044,637 976,766 2,021,402 3,333,381 Active Power 40 54 94 4,207,701 2,443,543 6,651,244 12,818,245 Adlucent 30 31 61 1,915,158 1,211,415 3,126,573 5,017,667 The Advisory Board Co. • 239 245 484 15,257,424 9,650,940 24,908,363 39,974,081 Al Frank Asset Management 25 14 39 690,975 555,208 1,246,183 1,995,450 Alpha Omega Wireless • 20 39 59 1,179,376 1,624,825 2,804,202 7,429,085 Altera Corp. • 200 244 444 15,371,814 9,842,796 25,214,611 38,458,909 ArthroCare Corp. 100 186 286 7,951,664 8,864,193 16,815,857 29,575,277 AT&T Labs • 350 419 769 20,899,530 16,753,381 37,652,911 57,932,294 Audiotoniq 15 28 43 1,192,750 1,329,629 2,522,378 4,436,291 BAE Systems 200 434 634 21,233,673 20,110,747 41,344,419 66,357,245 BeHome247 10 33 43 988,588 1,324,917 2,313,505 5,071,423 BlackLocus 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Broadway Technology 40 134 174 3,954,353 5,299,667 9,254,020 20,285,693 Catapult Systems 16 18 34 1,273,693 675,495 1,949,188 3,005,892 Cenoplex 10 33 43 988,588 1,324,917 2,313,505 5,071,423 Certain Affinity 12 40 52 1,186,306 1,589,900 2,776,206 6,085,708 Certain Affinity 40 134 174 3,954,353 5,299,667 9,254,020 20,285,693 CFAN 50 36 86 3,072,347 1,556,987 4,629,334 8,034,160 Cirrus Logic 150 183 333 11,528,861 7,382,097 18,910,958 28,844,181 Community Cars 30 49 79 690,966 2,223,890 2,914,856 5,784,065 Complete Energy Systems • 200 578 778 25,254,630 27,468,452 52,723,082 100,879,709 Convio 34 113 147 3,361,200 4,504,717 7,865,918 17,242,840 CSIdentity 15 50 65 1,482,883 1,987,375 3,470,258 7,607,135 Debix 20 9 29 563,872 368,966 932,838 1,419,321 Durcon 65 56 121 3,138,781 2,392,258 5,531,039 10,501,020 eBay/PayPal • 1,000 1,156 2,156 52,231,824 48,838,290 101,070,114 166,669,022 Electronic Arts • 300 1,001 1,301 29,657,651 39,747,505 69,405,156 152,142,708 Emerson Process Management • 125 417 542 12,357,355 16,561,460 28,918,815 63,392,794 ESPN Longhorn Network 75 251 326 3,788,946 9,299,724 13,088,670 28,703,121 Evernote • 250 834 1,084 24,714,709 33,122,920 57,837,629 126,785,589 Fallbrook Technologies • 65 69 134 2,796,674 3,170,550 5,967,225 10,162,369 Fotowatio Renewable Ventures • 10 16 26 1,006,882 646,486 1,653,368 4,786,051 Happy Cog • 20 22 42 1,592,117 844,369 2,436,486 3,757,365 HDI Plastics 75 256 331 6,072,609 11,965,217 18,037,826 34,365,518 HostGator • 500 508 1,008 23,699,171 20,561,041 44,260,213 103,264,704 Bold = New • Projects directly assisted by Austin Chamber
  • 9. 7 JOBS EMPLOYEE TOTAL COMPANY created compensation economic impact indirect/ direct induced total direct indirect/induced total Image Microsystems 180 132 312 $7,035,214 $5,319,324 $12,354,538 $23,663,545 Indeed 30 35 65 1,566,955 1,465,149 3,032,103 5,000,071 Informatica • 175 584 759 17,300,296 23,186,043 40,486,339 88,749,909 Insuraprise 35 43 78 2,449,639 1,797,987 4,247,627 7,051,878 Interspire 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 InteSolv • 25 28 53 1,990,146 1,055,461 3,045,607 4,696,706 James E. Bashaw & Co. 15 8 23 414,585 333,125 747,710 1,197,270 KingsIsle Entertainment 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Main Street Hub • 29 29 58 1,690,854 1,126,086 2,816,940 5,309,622 Malauzai Software 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 mindWireless 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Nomadesk 40 134 174 3,954,353 5,299,667 9,254,020 20,285,693 Office Depot • 200 42 242 2,313,445 1,652,012 3,965,456 13,897,213 OwnLocal 15 50 65 1,482,883 1,987,375 3,470,258 7,607,135 Polycom 60 73 133 4,611,544 2,952,839 7,564,383 11,537,673 ProfitFuel 220 225 445 14,044,491 8,883,711 22,928,202 36,796,227 Progressive Insurance 166 312 478 12,963,548 15,020,493 27,984,040 63,085,406 Rackspace Managed Hosting 700 711 1,411 33,178,840 28,785,458 61,964,298 144,570,585 Redbird Flight Simulations 25 54 79 2,654,209 2,513,843 5,168,052 8,294,656 Salsa Labs 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Samsung 330 954 1,284 41,670,138 45,322,944 86,993,082 166,451,513 SceneTap • 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 ScienceLogic 14 47 61 1,384,024 1,854,883 3,238,907 7,099,993 ServiceMesh 12 40 52 1,186,306 1,589,900 2,776,206 6,085,708 Solar Power Technologies 15 27 42 1,924,860 1,196,409 3,121,269 4,694,348 Spiceworks 95 317 412 9,391,590 12,586,710 21,978,300 48,178,524 Spredfast 50 167 217 4,942,942 6,624,584 11,567,526 25,357,117 Starmount 130 434 564 12,851,649 17,223,919 30,075,569 65,928,509 Superconductor Technologies • 135 160 295 10,960,981 7,327,529 18,288,510 26,488,755 Terra Pave International 10 39 49 1,221,001 1,688,066 2,909,067 14,849,205 Thermo Fisher Scientific 150 129 279 7,243,342 5,520,595 12,763,937 24,233,124 • (formerly ALC-Collegedale) US Farathane 228 165 393 12,058,594 7,074,653 19,133,247 33,689,527 Volusion • 140 155 295 11,144,816 5,910,582 17,055,398 26,301,551 Whale Shark Media 80 92 172 4,178,546 3,907,063 8,085,610 13,333,523 WindData 130 132 262 6,161,785 5,345,871 11,507,656 26,848,824 Xeris Pharmaceuticals • 10 55 65 851,181 2,715,034 3,566,215 7,636,734 TOTAL 8,035 13,887 21,992 568,850,940 580,585,630 1,149,436,570 $2,262,110,143 Bold = New • Projects directly assisted by Austin Chamber
  • 10. 8 2011 ANNUAL REPORT TECHNOLOGY PARTNERSHIP In 2011 the Chamber continued the implementation of the Technology Partnership, created in late 2010 by the Chamber board of directors to provide outreach to the regional technology community. The technology sector includes over 3,900 companies within a five-region area surrounding Austin. In fact, tech companies account for 12% of the region’s total workforce and 25% of the area payroll. Because such a significant percentage of our workforce is engaged in technology, the business retention and expansion work of the Chamber is now aligned under the Technology Partnership. Last year, the Technology Partnership engaged over 100 regional tech executives to provide input and direction to the strategies related to not only business attraction and retention but also company formation. Seven technology special interest groups (SIGs) focused the initiative in the following industry segments: Technology Manufacturing • Clean Technology • Life Science/Healthcare • Mobile • Gaming • Advertising Technology • Software Throughout 2011, Austin saw its regional venture capital investments increase by 13% to over $1.1 billion. With 6,000 new technology jobs created, the region experienced the largest year over year increase in the past decade. Of note in 2011 was the launch of the Startup Austin Texas web portal of the Startup America Partnership. Austin was the first region in Texas to participate in this national web initiative. And to increase the visibility of regional technology startups seeking funding, the Chamber also created the Austin A-List, an easy go-to source for tech startup investors.
  • 11. 9 HIGH TECH EMPLOYMENT BASE EMPLOYMENT IN SELECTED INDUSTRIES AUSTIN MSA 2010 2011 High Tech Manufacturing 27,304 28,596 Computers and electronics 23,251 24,411 Semiconductors 11,599 12,638 Computers and peripherals wholesalers 19,776 20,868 High tech information and other IT 28,671 32,060 Engineering, R&D and labs/testing 19,712 19,997 TOTAL 95,463 101,521 EMERGING TECHNOLOGY FUND The Chamber manages the Central Texas Regional Center of Innovation and Commercialization (RCIC) which is the local resource for the Texas Emerging Technology Fund. biotechnology & life sciences $26,864,000 23% advanced technology & manufacturing $13,000,000 47% 9% IT/computer technology $5,000,000 21% clean energy $12,300,000 32 COMPANIES FUNDED SINCE 2006 TOTALING $57.16 MILLION 6 MORE IN THE PIPELINE FOR AN ADDITIONAL $12.4 MILLION
  • 12. 10 BUSINESS RETENTION & EXPANSION Because 80% of new jobs are created by existing businesses, retaining the companies that are currently here and fostering their growth is a top strategic priority. Throughout 2011, the Chamber’s Business Retention & Expansion team (BR&E) worked diligently to engage with Central Texas executives and identify the top issues impacting regional businesses. The team visited over a thousand companies, and conducted extensive surveys with more than 300 of the top regional executives to discover their business needs. YR # REGIONAL 2010 / 1,071 / 10% DIFFERENCE COMPANY VISITS 2011 / 1,187 / YR # EXECUTIVE 2010 / 203 / 53% DIFFERENCE SURVEY MEETINGS 2011 / 312 / YR # ASSISTANCE 2010 / 400 / 53% DIFFERENCE REQUESTS TRACKED 2011 / 610 / | “AMERICA’S CLEAN-TECH HUB” | Time Magazine (international and US editions)
  • 13. 11 EXECUTIVE SURVEYS Total employees represented /// 84,779 More than 100 employees /// 81 (26%) Regional payroll represented /// $6.3 Billion Fewer than 100 employees) /// 225 (74%) TOP BUSINESS ISSUES TOP BUSINESS ISSUES (ALL INDUSTRIES) (BY INDUSTRY SEGMENT) % of employment % of companies CLEAN TECH 1. RECRUITMENT PROBLEMS 1 Traffic Control 50% 2 Recruitment Problems 81% 3 Public Transportation 2. AIR SERVICE SEMICONDUCTOR 50% 1 Recruitment Problems 48% 2 Air Service 3 Adverse Legislation 3. TRAFFIC 27% IT/WIRELESS 44% 1 Recruitment Problems 2 Available Workforce 3 Air Service ADVANCED MANUFACTURING 1 Recruitment Problems 2 Public Transportation 3 Traffic Control NON TECH 1 Recruitment Problems 2 Adverse Legislation 3 Public Transportation BIO/HEALTHCARE 1 Adverse Legislation 2 Recruitment Problems 3 Business Climate Negative (Soft-landing issues)
  • 14. 12 2011 ANNUAL REPORT Talent & Education Opportunity Austin’s groundbreaking talent pipeline initiatives are recognized as a national model by the U.S. Chamber of Commerce. Due to Opportunity Austin funding, the Chamber and 15 area school districts set a 70% direct-to-college enrollment goal for the Class of 2015, up from 62% for the Class of 2010. • The region’s first college enrollment initiative exceeded its first five-year goal to increase college enrollment from our region by 30% between 2006 and 2010. • he region’s Skillpoint College/Career Expo exposed 13,000 Central Texas high school T students to Austin careers and the post-secondary education they require. • The region’s 2011 Chamber Financial Aid Saturday events helped 2,000 families submit federal financial aid forms. Regional Q1 2011 FAFSA filings increased 102% since 2006; Class of 2011 financial aid is up $50 million over Class of 2006. • Austin ISD’s college/career readiness rate has increased from 38% to 55% from the Class of 2008 to the Class of 2010. • The region has the most sophisticated regional database (Central Texas Student Futures Project) to track individual high school, employment, military and post- secondary education data records in the United States. • The Austin Chamber, in partnership with local chambers of commerce, issued progress reports for the Austin, Del Valle, Eanes, Hays, Hutto, Lake Travis, Leander, Manor, Pflugerville, Round Rock, and San Marcos ISDs. These reports monitor progress and report out-year school district targets for direct college enrollment, college readiness, high school graduation and TAKS pass rates. • A task force of business and community leaders also produced an Austin Community College (ACC) progress report, detailing ACC’s accomplishments and identifying areas for growth, as well as addressing talent development needs specific to certain industries in Austin.
  • 15. 13 “ he Austin Chamber of Commerce quarterbacks the strategic T provision of resources and support and leads sophisticated efforts to hold districts’ feet to the fire with the pioneering report card and a firm commitment to weighing in on political issues and questions of funding.” – “Partnership is a Two-Way Street: What it Takes to Help Drive School Reform,” U.S. Chamber Of Commerce, June 2011 “ ny tax or bond election will first involve persuading the Austin A Chamber of Commerce.” – “A Mission to Communicate,” Austin Chronicle, November 2011 “ he Greater Austin Chamber of Commerce, a powerhouse of T support when it comes to school board tax increase and bond elections….has repeatedly called for the district to balance its budget and fund academic programs in the five-year strategic plan.” – “Austin School Trustees to View Budget, Mull Fiscal Emergency Tonight,” Austin American-Statesman, February, 2011
  • 16. 14 TOP 20 | strongest performing metro areas | Brookings Institution
  • 17. 15 2011 ANNUAL REPORT Transportation Infrastructure Transportation and infrastructure remain top priorities for Central Texas, and the Chamber continues to be a leading advocate for improving regional mobility. In 2011, Chamber board members were appointed to lead key initiatives, including Senator Watson’s Mobility Improvement Priorities Task Force, the City’s 2012 Bond Election Advisory Task Force, and CAMPO’s Transit Working Group. Chamber leadership also facilitated dialogue to implement solutions for congested intersections such as 5th and 6th Streets at Lamar and Parmer at Dessau. Visible progress was made with key mobility facilities in 2011, including the opening of the IH-35/Ben White interchange, SH-130 access to Cameron Road, and the Austin Executive Airport. The Chamber advocated for bond packages that successfully passed in Travis County to fund road, drainage, bridge and bike/pedestrian improvements, as well as the acquisition of parkland, green space and new recreational facilities. The State provided CTRMA with new options for financing tools, allowing for the potential to proceed more quickly with express lane projects on Mopac and US 183 South. Another key infrastructure priority is the funding, development and construction of a top- tier four-year medical school associated with The University of Texas. Chamber leadership is actively involved with Senator Watson’s working group on this project, which would enable a substantial expansion of the life sciences business sector in Central Texas and create a broad new avenue of opportunity for private sector jobs. The Chamber supports a comprehensive strategy to plan for future water needs, including conservation, increased use of reclaimed water and construction of a new Water Treatment Plant 4. In 2011, following a report from the City Auditor, elected officials agreed that delaying the project would be too costly, and Water Treatment Plant 4 will now move forward. At the state level, the Texas Water Development Bonds Amendment (SJR 4) was passed, allowing increased funding for statewide water infrastructure.
  • 18. 16 2011 ANNUAL REPORT Regional Partners OPPORTUNITY AUSTIN | A FIVE-COUNTY INITIATIVE FOR JOB CREATION Opportunity Austin 2.0 works with regional partners to ensure the economic prosperity for Central Texas through job growth and creation. The success of our region is based on the ongoing collaboration with public and private business leaders throughout the five-county area. REGIONAL PARTNER INVESTORS INCLUDE: AUSTIN BASTROP CEDAR PARK ELGIN GEORGETOWN HUTTO JARRELL KYLE LEANDER LOCKHART PFLUGERVILLE ROUND ROCK SAN MARCOS TAYLOR
  • 19. 17 Opportunity Austin 2011 Financials INVESTOR RELATIONS | $76,837 OPPORTUNITY FUND | $86,941 KEEPING GREATER AUSTIN GREAT | $176,901 BUSINESS RETENTION EXPANSION | $570,621 EDUCATION | $1,265,043 ECONOMIC DIVERSIFICATION | $1,362,373 2011 ACTUAL EXPENSES | $3,538,716
  • 20. 18 2011 ANNUAL REPORT BOARD OF DIRECTORS CHAIRMAN Amy Chronis Bill Powers Tim Crowley Managing Partner // Central President // The University President // Austin Community Texas Deloitte of Texas at Austin Banking Group - Frost Bank Don Kendrick Bob Reetz VICE CHAIRMAN Regional President - Central Texas // Partner // Haynes Boone Kerry Hall Wells Fargo Bank President // Texas Capital Bank Tim Taylor Trey Salinas Partner // Jackson Walker Partner // Martin Salinas TREASURER Public Affairs, Inc. Donnie Williams Donnie Williams President // Austin Area President // Austin Area Rick Whiteley Sovereign Bank Sovereign Bank Partner // Oxford Commercial Terms Expiring General Counsel/ Darrell Windham December 31, 2013 Assistant Secretary Partner // Fulbright Tim Taylor Jaworski, LLP Paul Bury Partner // Jackson Walker President // Bury+Partners Pike Powers President/Secretary Director Emeritus Volney Campbell Mike Rollins Co-Managing Partner // Terms Expiring HPI Corporate Services President // Greater Austin December 31, 2012 Chamber of Commerce Jon Foster Gary Farmer President CEO // St. David’s Austin Chamber Chairman President // Heritage Title Company Healthcare Partnership Bobby Jenkins President // ABC Home and Laura Gottesman Rob Golding Commercial Services Owner // Gottesman Residential CEO // Live Oak – Gottesman, LLC Real Estate Chamber Immediate Kerry Hall Past Chair Tim Hendricks President // Texas Capital Bank Barry Mayer Senior Vice President // President // Tokyo Electron Cousins Properties Rob Hutton US Holdings, Inc. President // D.R. Horton Joe Holt Terms Expiring Chairman // Austin Region Bart Matheney December 31, 2011 JPMorgan Chase Bank Principal // Aquila Commercial Charles Barnett Chad Marsh Pete Winstead President and CEO // Managing Principal // Shareholder // Winstead, Seton Family of Hospitals Endeavor Real Estate Group Sechrest, Minick, PC Tony Budet Nyle Maxwell Howard Yancy President and CEO // President // Nyle Maxwell President // Zydeco Development University Federal Credit Union of Austin, LLC
  • 21. 19 2011 ANNUAL REPORT Thank you to Investors LEAD INVESTORS | MINIMUM OF $20,000 PER YEAR 3M Dynamic Systems, Inc. Professional Janitorial Services A Greater Austin Development Endeavor Real Estate Group Raba-Kistner Consultants, Inc. Company, Ltd. Forestar Real Estate Group, Inc. Riverside Resources Corp. AQUILA Commercial, LLC Freescale Semiconductor Samsung Austin Semiconductor Armbrust Brown, L.L.P. Frost Bank Scott, Douglass McConnico LLP ATT Fulbright Jaworski L.L.P. Seton Family of Hospitals Austin American-Statesman Graves, Dougherty, Hearon Moody Simon Properties Group Austin Commercial, LP Hardin Construction Company, LLC Smith, Robertson, Elliott, Glen, Austin Community College District Haynes and Boone, LLP Klein Douglas, LLP Austin Energy H-E-B Austin Regional Office Sovereign Bank Baker Botts L.L.P. Hensel Phelps Construction Co. St. David’s Healthcare Bank of America Heritage Title Company of Austin, Inc. Stratus Properties, Inc. BBVA Compass Hill Wilkinson Stream Realty Partners - Austin LP Benchmark Land Development, Inc./ HNTB Corporation Temple-Inland Plum Creek Texas Gas Service HPI Real Estate Services and Invest- Brown McCarroll, L.L.P. ments Texas State University-San Marcos Bury+Partners, Inc. Humana, Inc. Thomas Properties Group/ Capital Metropolitan Jackson Walker L.L.P. Four Points Centre Transportation Authority JE Dunn Construction Time Warner Cable Central Texas Regional Mobility Jones Lang LaSalle United Heritage Credit Union Authority (CTRMA) University Federal Credit Union JPMorgan Chase Co. City of Austin / Austin Energy University of Texas at Austin Live Oak - Gottesman Cousins Properties, Inc. Wells Fargo Bank Locke Lord Bissell Liddell LLP D.R. Horton Homes, Inc. White Construction Company nFusion Group Data Foundry Winstead PC Oxford Commercial Dimensional Fund Advisors Zydeco Development Pape-Dawson Engineers, Inc. DPR Construction, Inc. Peter Lamy DuBois Bryant Campbell, LLP INVESTORS | LESS THAN $100,000 OVER FIVE YEARS 100 Congress Office Building Amelia Bullock Realtors, Inc. Apartment Realty Advisors 3 Point Partners American Bank of Texas, N.A. Apex Global Partners A+ Federal Credit Union American Constructors Applied Materials, Inc. ABC Home Commercial Services American Ventus Energy Ardent Residential, L.P. Airco Mechanical, Ltd. Amplify Federal Credit Union Aspen Growth Properties, Inc.
  • 22. 20 Atchley Associates, LLP City of Georgetown - Economic Ernst Young, LLP Atkins North America, Inc. Development Department Facility Solutions Group Atlantic Trust City of Kyle Farmers Insurance Group of Companies Austin Business Journal City of Leander Faske Lay Co., LLP Austin Coatings, Inc. Clark, Thomas Winters, First Citizens Bank A Professional Corp. Austin Commercial Real Estate First State Bank Central Texas Society, Inc. Clean Scapes, LP Flieller, Kruger Skelton, LLP Austin Hotel Lodging Association Clifton Gunderson LLP Flynn Construction, Inc. Austin Manor Growth Organization Clinical Pathology Laboratories, Inc. Focus Strategies Investment Banking Austin Power Lunch CLS Partners Four Seasons Hotel Austin Austin Regional Clinic, PA/ Coleman Associates Fox Service Company Covenant Mgmt. Systems Comerica Bank Frost Insurance Agency Austin Telco Federal Credit Union CompassLearning Gallagher Benefit Services, Inc. Austin Ventures, L.P. Concordia University Texas Gensler Balcones Resources Convio, Inc. Glass Company, PC Ball - Peoples Coors-Shiner-Corona Gottesman Residential Real Estate Bank of Texas CTA Architects Engineers Gracy Title, a Stewart Company Barshop Oles Company CWS Capital Partners Grandbridge Real Estate Capital, LLC Bastrop Economic Development CWS Corporate Housing Corporation Greater San Marcos Partnership Cypress Real Estate Advisors Beck Group, The Green Bank Danze and Davis Architects Berns Commercial Properties Greystar Real Estate Partners, LLC DH Roofing BlueWater Systems Group Solutions RJW David Petrick Company, Inc. BMC Software Grubb Ellis Co. David Weekley Homes Bracewell Giuliani LLP GSC Architects Day Cable Company BRANDT GSDM Idea City LLC DCA Construction, LP Braun Butler Construction Haegelin Construction Co., Ltd. Delaware North Companies Broaddus Associates Hahn, Texas Deloitte, LLP Buena Vista Foundation Harden Healthcare, LLC Development 2000, Inc. Burt-Watts Industries, Inc. Harvey-Cleary Builders Diann Cowling Capital City Partners Haynes Whaley Associates, Inc. DLA Piper US LLP Capitol Anesthesiology Association HDR Engineering, Inc. Dominion Advisors Capitol Market Research, Inc. HealthCare Facilities Development Don Hewlett Chevrolet-Buick Inc. Corporation Cappello Group, Inc. Don Martin Public Affairs Heldenfels Enterprises, Inc. Carollo Engineers Door Number 3 Hester Capital Management, LLC Carr, Riggs Ingram, LLC Doucet Associates, Inc. Higginbotham Associates, Inc. Catapult Systems, Inc. Drenner Golden Stuart Wolff, LLP Hill Country Electric Supply Cathy Coneway Duncan Commercial, LLC Hillhouse Realty, Inc. CB Richard Ellis Durbin Bennett Peterson Private Hilton Austin Cedar Park Economic Development Wealth Management, LLP Corporation Historic Norwood Tower Eckert Insurance Group, Inc. Cencor Realty Services/ HMG Associates, Inc. Elgin Economic Development The Weitzman Group/Cencor Urban Corporation Holtzman Partners LLP Central Texas Angel Network Elizabeth Christian Associates Home Builders Association of CCIM Central Texas Public Relations, Inc. Greater Austin Champion Partners Ltd. Ellis Salazar Garage and Body Shop Horizon Bank, SSB Christianson Air Conditioning Engelking Communications LLC Howdy Honda Plumbing
  • 23. 21 Huston-Tillotson University Morrison Head, LLP STG Design Hutto Economic Development Multimedia Games, Inc. Strait Music Company Corporation Munday Enterprises Studio 8 Architects, Inc. Hyatt Regency Austin NAI REOC Austin Summit Commercial Imagecraft Exhibits NorthMarq Capital, Inc. SVTC Technologies, Inc. Independence Title Company Nyle Maxwell of Austin, LLC T. Stacy Associates, Inc. International Bank of Commerce O’Connell Robertson Taylor Commercial Real Estate Intersil Corporation Oden Hughes LLC Taylor Economic Development Intertech Flooring Padgett, Stratemann Co., L.L.P. Corporation Ironwood Real Estate Park Central TDIndustries Jacobs Engineering Group, Inc. Patten Law Firm Teeple Partners, Inc. Jarrell Economic Development Perficient, Inc. Terracon Consultants, Inc. Corporation Terry McDaniel Company Pflugerville Community Jeff Stewart, CCIM Development Corporation Texas Capital Bank, N.A. Jerald Winetroub Company PlainsCapital Bank - Congress Texas DPS Credit Union Jim Cotton PMB Helin Donovan, LLP Texas Enterprises, Inc. Jimmy Evans Company Porter Company Texas Health Credit Union Joe Bland Construction, L.P. Powell, Ebert Smolik, PC Texas Realty Capital, LP John C. Lewis Company PricewaterhouseCoopers, LLP Thomas Graphics, Inc. Journeyman Construction, Inc Prime Strategies, Inc. Thompson Knight LLP Keller Williams Realty Prosperity Bank Time Insurance Agency Kennedy Wilson, Inc. Ranger Excavating, L.P. Tokyo Electron U.S. Holdings, Inc. KPMG LLP Reznick Group, PC - Austin Office Tom Terkel Larry Peel Company Rifeline, LLC Transwestern Commercial Services Lee Tilford Agency River Place Corporate Park Treaty Oak Bank Lexus of Austin RKB Contractors, Inc. Trimbuilt Construction, Inc. Lila Nelson Beard Rockford Business Interiors Trinity Real Estate Finance, Inc. Lockhart Economic Development Round Rock Economic United Commercial Realty Corporation (LEDC) Development Partnership Urbanspace Realtors, LLP Longaro Clarke, Inc. SACHEM, Inc. vcfo, Inc. Lott Brothers Construction Saunders, Norval, Nichols, Atkins, Company, Ltd. Versata, Inc. L.L.P. Luminex Corp Walker Engineering, Inc. Schlosser Development Corporation Martine Properties, Inc. Walt Penn Schmidt Electric Company, LP Matt Mathias Company Walters Southwest Silverback Acquisitions Maxwell Locke Ritter LLP Weaver, LLP SpawGlass Contractors, Inc. McGarrah/Jessee L.P. Wheeler Fairman Kelley SpawMaxwell Company a Balfour McGinnis, Lochridge Kilgore Beatty Company Workman Commercial Construction Services, Ltd. McLean and Howard LLP Spear Street Capital Workplace Resource Meador Jones, LLP St. Croix Capital Corporation Wortham Insurance Risk Management MHBT Inc. Staats Falkenberg Partners, Inc. Zapalac/Reed Construction Moore Associates, Inc. Steve Hall Company, L.P. Moreland Properties, Inc. Steve T. Matthews Company OPPORTUNITY AUSTIN 2011
  • 24. Opportunity Austin 535 East 5th street Austin, Texas 78701 512.478.9383