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2011 OA Annual report

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ANNUAL REPORT OPPORTUNITY AUSTIN
Transcript
Page 1: 2011 OA Annual report

ANNUAL REPORT

OPPORTUNITYAUSTIN

Page 2: 2011 OA Annual report

TOPEIGHT | BEST AMERICAN CITIES TO LIVE AND WORK IN |

Business Review

Page 3: 2011 OA Annual report

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

TABLE OF CONTENTS

ANNUAL REPORT2011

OPPORTUNITY AUSTIN

Page 4: 2011 OA Annual report

timCROWLEY

bobbyJENKINS

2

Page 5: 2011 OA Annual report

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 2011 Chair Opportunity Austin

BOBBY JENKINS 2011 Chair Chamber of Commerce

3

MESSAgE TO INvESTORS

ANNUAL REPORT2011

Page 6: 2011 OA Annual report

4

#1| BEST BIg CITIES FOR JOBS | Forbes

Page 7: 2011 OA Annual report

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.

5

ECONOMIC DIvERSIFICATION

ANNUAL REPORT2011

RELOCATIONS BY INDUSTRY SECTOR

Clean Tech 3 Data Center 2 Digital Media 6 HQ/Regional Office 1 Medical Device/Bioscience 1 Semiconductor 1 Software 6 Wireless 7 Other IT 3 Other 5 TOTAL 35

2011

2010

3,128

29COMPANIES

JObS

2011

4,096

35 COMPANIES

JObS

2009

547

17COMPANIES

JObS

Page 8: 2011 OA Annual report

direct totalindirect/induced direct totalindirect/induced

Image Microsystems

Indeed

Informatica •Insuraprise

Interspire

InteSolv •James E. Bashaw & Co.

KingsIsle Entertainment

Main Street Hub •Malauzai Software

mindWireless

Nomadesk

O�ce Depot •OwnLocal

Polycom

Pro�tFuel

Progressive Insurance

Rackspace Managed Hosting

Redbird Flight Simulations

Salsa Labs

Samsung

SceneTap •ScienceLogic

ServiceMesh

Solar Power Technologies

Spiceworks

Spredfast

Starmount

Superconductor Technologies •Terra Pave International

Thermo Fisher Scienti�c

US Farathane •Volusion •Whale Shark Media

WindData

Xeris Pharmaceuticals •TOTAL

180 132 312

30 35 65

175 584 759

35 43 78

30 100 130

25 28 53

15 8 23

30 100 130

29 29 58

30 100 130

30 100 130

40 134 174

200 42 242

15 50 65

60 73 133

220 225 445

166 312 478

700 711 1,411

25 54 79

30 100 130

330 954 1,284

30 100 130

14 47 61

12 40 52

15 27 42

95 317 412

50 167 217

130 434 564

135 160 295

10 39 49

150 129 279

228 165 393

140 155 295

80 92 172

130 132 262

10 55 65

8,035 13,887 21,992

$7,035,214 $5,319,324 $12,354,538

1,566,955 1,465,149 3,032,103

17,300,296 23,186,043 40,486,339

2,449,639 1,797,987 4,247,627

2,965,765 3,974,751 6,940,516

1,990,146 1,055,461 3,045,607

414,585 333,125 747,710

2,965,765 3,974,751 6,940,516

1,690,854 1,126,086 2,816,940

2,965,765 3,974,751 6,940,516

2,965,765 3,974,751 6,940,516

3,954,353 5,299,667 9,254,020

2,313,445 1,652,012 3,965,456

1,482,883 1,987,375 3,470,258

4,611,544 2,952,839 7,564,383

14,044,491 8,883,711 22,928,202

12,963,548 15,020,493 27,984,040

33,178,840 28,785,458 61,964,298

2,654,209 2,513,843 5,168,052

2,965,765 3,974,751 6,940,516

41,670,138 45,322,944 86,993,082

2,965,765 3,974,751 6,940,516

1,384,024 1,854,883 3,238,907

1,186,306 1,589,900 2,776,206

1,924,860 1,196,409 3,121,269

9,391,590 12,586,710 21,978,300

4,942,942 6,624,584 11,567,526

12,851,649 17,223,919 30,075,569

10,960,981 7,327,529 18,288,510

1,221,001 1,688,066 2,909,067

7,243,342 5,520,595 12,763,937

12,058,594 7,074,653 19,133,247

11,144,816 5,910,582 17,055,398

4,178,546 3,907,063 8,085,610

6,161,785 5,345,871 11,507,656

851,181 2,715,034 3,566,215

568,850,940 580,585,630 1,149,436,570

$23,663,545

5,000,071

88,749,909

7,051,878

15,214,271

4,696,706

1,197,270

15,214,271

5,309,622

15,214,271

15,214,271

20,285,693

13,897,213

7,607,135

11,537,673

36,796,227

63,085,406

144,570,585

8,294,656

15,214,271

166,451,513

15,214,271

7,099,993

6,085,708

4,694,348

48,178,524

25,357,117

65,928,509

26,488,755

14,849,205

24,233,124

33,689,527

26,301,551

13,333,523

26,848,824

7,636,734

$2,262,110,143

(formerly ALC-Collegedale)

indirect/induced

3Seventy

58 Phases

Active Power

Adlucent

The Advisory Board Co. •Al Frank Asset Management

Alpha Omega Wireless •Altera Corp. •ArthroCare Corp.

AT&T Labs •Audiotoniq

BAE Systems

BeHome247

BlackLocus

Broadway Technology

Catapult Systems

Cenoplex

Certain A�nity

Certain A�nity

CFAN

Cirrus Logic

Community Cars

Complete Energy Systems •Convio

CSIdentity

Debix

Durcon

eBay/PayPal •Electronic Arts •Emerson Process Management •ESPN Longhorn Network

Evernote •Fallbrook Technologies •Fotowatio Renewable Ventures •Happy Cog •HDI Plastics

HostGator •

30 100 130

20 23 43

40 54 94

30 31 61

239 245 484

25 14 39

20 39 59

200 244 444

100 186 286

350 419 769

15 28 43

200 434 634

10 33 43

30 100 130

40 134 174

16 18 34

10 33 43

12 40 52

40 134 174

50 36 86

150 183 333

30 49 79

200 578 778

34 113 147

15 50 65

20 9 29

65 56 121

1,000 1,156 2,156

300 1,001 1,301

125 417 542

75 251 326

250 834 1,084

65 69 134

10 16 26

20 22 42

75 256 331

500 508 1,008

$2,965,765 $3,974,751 $6,940,516

1,044,637 976,766 2,021,402

4,207,701 2,443,543 6,651,244

1,915,158 1,211,415 3,126,573

15,257,424 9,650,940 24,908,363

690,975 555,208 1,246,183

1,179,376 1,624,825 2,804,202

15,371,814 9,842,796 25,214,611

7,951,664 8,864,193 16,815,857

20,899,530 16,753,381 37,652,911

1,192,750 1,329,629 2,522,378

21,233,673 20,110,747 41,344,419

988,588 1,324,917 2,313,505

2,965,765 3,974,751 6,940,516

3,954,353 5,299,667 9,254,020

1,273,693 675,495 1,949,188

988,588 1,324,917 2,313,505

1,186,306 1,589,900 2,776,206

3,954,353 5,299,667 9,254,020

3,072,347 1,556,987 4,629,334

11,528,861 7,382,097 18,910,958

690,966 2,223,890 2,914,856

25,254,630 27,468,452 52,723,082

3,361,200 4,504,717 7,865,918

1,482,883 1,987,375 3,470,258

563,872 368,966 932,838

3,138,781 2,392,258 5,531,039

52,231,824 48,838,290 101,070,114

29,657,651 39,747,505 69,405,156

12,357,355 16,561,460 28,918,815

3,788,946 9,299,724 13,088,670

24,714,709 33,122,920 57,837,629

2,796,674 3,170,550 5,967,225

1,006,882 646,486 1,653,368

1,592,117 844,369 2,436,486

6,072,609 11,965,217 18,037,826

23,699,171 20,561,041 44,260,213

$15,214,271

3,333,381

12,818,245

5,017,667

39,974,081

1,995,450

7,429,085

38,458,909

29,575,277

57,932,294

4,436,291

66,357,245

5,071,423

15,214,271

20,285,693

3,005,892

5,071,423

6,085,708

20,285,693

8,034,160

28,844,181

5,784,065

100,879,709

17,242,840

7,607,135

1,419,321

10,501,020

166,669,022

152,142,708

63,392,794

28,703,121

126,785,589

10,162,369

4,786,051

3,757,365

34,365,518

103,264,704

Bold = New • Projects directly assisted by Austin Chamber

direct totalindirect/induced direct total

Bold = New • Projects directly assisted by Austin Chamber

EMPLOYEEcompensation

TOTALeconomicimpact

COMPANY JOBScreated

EMPLOYEEcompensation

TOTALeconomicimpact

COMPANY JOBScreated

6

ECONOMIC IMPACT ON THE AUSTIN MSA OF NEW & ExPANDED OPERATIONS

Page 9: 2011 OA Annual report

direct totalindirect/induced direct totalindirect/induced

Image Microsystems

Indeed

Informatica •Insuraprise

Interspire

InteSolv •James E. Bashaw & Co.

KingsIsle Entertainment

Main Street Hub •Malauzai Software

mindWireless

Nomadesk

O�ce Depot •OwnLocal

Polycom

Pro�tFuel

Progressive Insurance

Rackspace Managed Hosting

Redbird Flight Simulations

Salsa Labs

Samsung

SceneTap •ScienceLogic

ServiceMesh

Solar Power Technologies

Spiceworks

Spredfast

Starmount

Superconductor Technologies •Terra Pave International

Thermo Fisher Scienti�c

US Farathane •Volusion •Whale Shark Media

WindData

Xeris Pharmaceuticals •TOTAL

180 132 312

30 35 65

175 584 759

35 43 78

30 100 130

25 28 53

15 8 23

30 100 130

29 29 58

30 100 130

30 100 130

40 134 174

200 42 242

15 50 65

60 73 133

220 225 445

166 312 478

700 711 1,411

25 54 79

30 100 130

330 954 1,284

30 100 130

14 47 61

12 40 52

15 27 42

95 317 412

50 167 217

130 434 564

135 160 295

10 39 49

150 129 279

228 165 393

140 155 295

80 92 172

130 132 262

10 55 65

8,035 13,887 21,992

$7,035,214 $5,319,324 $12,354,538

1,566,955 1,465,149 3,032,103

17,300,296 23,186,043 40,486,339

2,449,639 1,797,987 4,247,627

2,965,765 3,974,751 6,940,516

1,990,146 1,055,461 3,045,607

414,585 333,125 747,710

2,965,765 3,974,751 6,940,516

1,690,854 1,126,086 2,816,940

2,965,765 3,974,751 6,940,516

2,965,765 3,974,751 6,940,516

3,954,353 5,299,667 9,254,020

2,313,445 1,652,012 3,965,456

1,482,883 1,987,375 3,470,258

4,611,544 2,952,839 7,564,383

14,044,491 8,883,711 22,928,202

12,963,548 15,020,493 27,984,040

33,178,840 28,785,458 61,964,298

2,654,209 2,513,843 5,168,052

2,965,765 3,974,751 6,940,516

41,670,138 45,322,944 86,993,082

2,965,765 3,974,751 6,940,516

1,384,024 1,854,883 3,238,907

1,186,306 1,589,900 2,776,206

1,924,860 1,196,409 3,121,269

9,391,590 12,586,710 21,978,300

4,942,942 6,624,584 11,567,526

12,851,649 17,223,919 30,075,569

10,960,981 7,327,529 18,288,510

1,221,001 1,688,066 2,909,067

7,243,342 5,520,595 12,763,937

12,058,594 7,074,653 19,133,247

11,144,816 5,910,582 17,055,398

4,178,546 3,907,063 8,085,610

6,161,785 5,345,871 11,507,656

851,181 2,715,034 3,566,215

568,850,940 580,585,630 1,149,436,570

$23,663,545

5,000,071

88,749,909

7,051,878

15,214,271

4,696,706

1,197,270

15,214,271

5,309,622

15,214,271

15,214,271

20,285,693

13,897,213

7,607,135

11,537,673

36,796,227

63,085,406

144,570,585

8,294,656

15,214,271

166,451,513

15,214,271

7,099,993

6,085,708

4,694,348

48,178,524

25,357,117

65,928,509

26,488,755

14,849,205

24,233,124

33,689,527

26,301,551

13,333,523

26,848,824

7,636,734

$2,262,110,143

(formerly ALC-Collegedale)

indirect/induced

3Seventy

58 Phases

Active Power

Adlucent

The Advisory Board Co. •Al Frank Asset Management

Alpha Omega Wireless •Altera Corp. •ArthroCare Corp.

AT&T Labs •Audiotoniq

BAE Systems

BeHome247

BlackLocus

Broadway Technology

Catapult Systems

Cenoplex

Certain A�nity

Certain A�nity

CFAN

Cirrus Logic

Community Cars

Complete Energy Systems •Convio

CSIdentity

Debix

Durcon

eBay/PayPal •Electronic Arts •Emerson Process Management •ESPN Longhorn Network

Evernote •Fallbrook Technologies •Fotowatio Renewable Ventures •Happy Cog •HDI Plastics

HostGator •

30 100 130

20 23 43

40 54 94

30 31 61

239 245 484

25 14 39

20 39 59

200 244 444

100 186 286

350 419 769

15 28 43

200 434 634

10 33 43

30 100 130

40 134 174

16 18 34

10 33 43

12 40 52

40 134 174

50 36 86

150 183 333

30 49 79

200 578 778

34 113 147

15 50 65

20 9 29

65 56 121

1,000 1,156 2,156

300 1,001 1,301

125 417 542

75 251 326

250 834 1,084

65 69 134

10 16 26

20 22 42

75 256 331

500 508 1,008

$2,965,765 $3,974,751 $6,940,516

1,044,637 976,766 2,021,402

4,207,701 2,443,543 6,651,244

1,915,158 1,211,415 3,126,573

15,257,424 9,650,940 24,908,363

690,975 555,208 1,246,183

1,179,376 1,624,825 2,804,202

15,371,814 9,842,796 25,214,611

7,951,664 8,864,193 16,815,857

20,899,530 16,753,381 37,652,911

1,192,750 1,329,629 2,522,378

21,233,673 20,110,747 41,344,419

988,588 1,324,917 2,313,505

2,965,765 3,974,751 6,940,516

3,954,353 5,299,667 9,254,020

1,273,693 675,495 1,949,188

988,588 1,324,917 2,313,505

1,186,306 1,589,900 2,776,206

3,954,353 5,299,667 9,254,020

3,072,347 1,556,987 4,629,334

11,528,861 7,382,097 18,910,958

690,966 2,223,890 2,914,856

25,254,630 27,468,452 52,723,082

3,361,200 4,504,717 7,865,918

1,482,883 1,987,375 3,470,258

563,872 368,966 932,838

3,138,781 2,392,258 5,531,039

52,231,824 48,838,290 101,070,114

29,657,651 39,747,505 69,405,156

12,357,355 16,561,460 28,918,815

3,788,946 9,299,724 13,088,670

24,714,709 33,122,920 57,837,629

2,796,674 3,170,550 5,967,225

1,006,882 646,486 1,653,368

1,592,117 844,369 2,436,486

6,072,609 11,965,217 18,037,826

23,699,171 20,561,041 44,260,213

$15,214,271

3,333,381

12,818,245

5,017,667

39,974,081

1,995,450

7,429,085

38,458,909

29,575,277

57,932,294

4,436,291

66,357,245

5,071,423

15,214,271

20,285,693

3,005,892

5,071,423

6,085,708

20,285,693

8,034,160

28,844,181

5,784,065

100,879,709

17,242,840

7,607,135

1,419,321

10,501,020

166,669,022

152,142,708

63,392,794

28,703,121

126,785,589

10,162,369

4,786,051

3,757,365

34,365,518

103,264,704

Bold = New • Projects directly assisted by Austin Chamber

direct totalindirect/induced direct total

Bold = New • Projects directly assisted by Austin Chamber

EMPLOYEEcompensation

TOTALeconomicimpact

COMPANY JOBScreated

EMPLOYEEcompensation

TOTALeconomicimpact

COMPANY JOBScreated

7

Page 10: 2011 OA Annual report

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:

8

TECHNOLOgYPARTNERSHIP

ANNUAL REPORT2011

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.

Page 11: 2011 OA Annual report

21%

9

biotechnology & life sciences$26,864,000

$13,000,000

$5,000,000

$12,300,000

advanced technology & manufacturing

IT/computer technology

clean energy

EMERgINg TECHNOLOgY FUND

47%23%

9%

32 COMPANIES FUNDED SINCE 2006 TOTALINg $57.16 MILLION6 MORE IN THE PIPELINE FOR AN ADDITIONAL $12.4 MILLION

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

HIgH TECH EMPLOYMENT BASE

EMPLOYMENT IN SELECTED INDUSTRIESAUSTIN MSA

2010 2011High 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

Page 12: 2011 OA Annual report

10

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.

53% DIFFERENCEEXECUTIVESURVEY MEETINGS 2011 // 312

2010 // 203YR #

53% DIFFERENCEASSISTANCE REQUESTS TRACKED 2011 // 610

2010 // 400YR #

10% DIFFERENCEREGIONAL COMPANY VISITS 2011 // 1,187

2010 // 1,071YR #

BUSINESS RETENTION & ExPANSION

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

Page 13: 2011 OA Annual report

11

TOP BUSINESS ISSUES(BY INDUSTRY SEgMENT)

CLEAN TECH1 Traffic Control

2 Recruitment Problems

3 Public Transportation

SEMICONDUCTOR1 Recruitment Problems

2 Air Service

3 Adverse Legislation

IT/WIRELESS1 Recruitment Problems

2 Available Workforce

3 Air Service

ADVANCED MANUFACTURING1 Recruitment Problems

2 Public Transportation

3 Traffic Control

NON TECH1 Recruitment Problems

2 Adverse Legislation

3 Public Transportation

BIO/HEALTHCARE1 Adverse Legislation

2 Recruitment Problems

3 Business Climate Negative (Soft-landing issues)

EXECUTIVE SURVEYS

50%81%

27%44%

1. RECRUITMENT PROBLEMS

50%48%

2. AIR SERVICE

3. TRAFFIC

TOP BUSINESS ISSUES (ALL INDUSTRIES)

% of employment % of companies

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

Page 14: 2011 OA Annual report

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.

• The region’s Skillpoint College/Career Expo exposed 13,000 Central Texas high school 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.

12

TALENT & EDUCATION

ANNUAL REPORT2011

Page 15: 2011 OA Annual report

“ The Austin Chamber of Commerce quarterbacks the strategic 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.”

“ Any tax or bond election will first involve persuading the Austin Chamber of Commerce.”

“ The greater Austin Chamber of Commerce, a powerhouse of 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.”

13

– “Partnership is a Two-Way Street: What it Takes to Help Drive School Reform,” U.S. Chamber Of Commerce, June 2011

– “A Mission to Communicate,” Austin Chronicle, November 2011

– “Austin School Trustees to view Budget, Mull Fiscal Emergency Tonight,” Austin American-Statesman, February, 2011

Page 16: 2011 OA Annual report

14

| STRONgEST pERFORMINg METRO AREAS | Brookings Institution

TOP20

Page 17: 2011 OA Annual report

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.

15

TRANSPORTATION &INFRASTRUCTURE

ANNUAL REPORT2011

Page 18: 2011 OA Annual report

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

OPPORTUNITY AUSTIN | A FIvE-COUNTY INITIATIvE FOR JOB CREATION

OPPORTUNITY AUSTIN 2011 FINANCIALS

16

REgIONAL PARTNERS

ANNUAL REPORT2011

Page 19: 2011 OA Annual report

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

17

Page 20: 2011 OA Annual report

CHAIRMANTim CrowleyPresident // Austin Community Banking group - Frost Bank

vICE CHAIRMANKerry HallPresident // Texas Capital Bank

TREASURERDonnie WilliamsPresident // Austin Area Sovereign Bank

gENERAL COUNSEL/ ASSISTANT SECRETARYTim TaylorPartner // Jackson Walker

PRESIDENT/SECRETARYMike RollinsPresident // greater Austin Chamber of Commerce

AUSTIN CHAMBER CHAIRMANBobby JenkinsPresident // ABC Home and Commercial Services

CHAMBER IMMEDIATE PAST CHAIRBarry MayerPresident // Tokyo Electron US Holdings, Inc.

TERMS EXPIRING DECEMBER 31, 2011

Charles BarnettPresident and CEO // Seton Family of Hospitals

Tony BudetPresident and CEO // University Federal Credit Union

Amy ChronisManaging Partner // Central Texas Deloitte

Don KendrickRegional President - Central Texas // Wells Fargo Bank

Trey SalinasPartner // Martin & Salinas Public Affairs, Inc.

Rick WhiteleyPartner // Oxford Commercial

Darrell WindhamPartner // Fulbright & Jaworski, LLP

Pike PowersDirector Emeritus TERMS EXPIRING DECEMBER 31, 2012

Gary FarmerPresident // Heritage Title Company

Laura GottesmanOwner // gottesman ResidentialReal Estate

Tim HendricksSenior vice President // Cousins Properties

Joe HoltChairman // Austin Region JPMorgan Chase Bank

Chad MarshManaging Principal // Endeavor Real Estate group

Nyle MaxwellPresident // Nyle Maxwell of Austin, LLC

Bill PowersPresident // The University of Texas at Austin

Bob ReetzPartner // Haynes & Boone

Tim TaylorPartner // Jackson Walker

Donnie WilliamsPresident // Austin Area Sovereign Bank

TERMS EXPIRING DECEMBER 31, 2013

Paul BuryPresident // Bury+Partners

Volney CampbellCo-Managing Partner // HPI Corporate Services

Jon FosterPresident & CEO // St. David’s Healthcare Partnership

Rob GoldingCEO // Live Oak – gottesman, LLC

Kerry HallPresident // Texas Capital Bank

Rob HuttonPresident // D.R. Horton

Bart MatheneyPrincipal // Aquila Commercial

Pete WinsteadShareholder // Winstead, Sechrest, Minick, PC

Howard YancyPresident // Zydeco Development

18

BOARD OF DIRECTORS

ANNUAL REPORT2011

Page 21: 2011 OA Annual report

3M

A greater Austin Development Company, Ltd.

AQUILA Commercial, LLC

Armbrust & Brown, L.L.P.

AT&T

Austin American-Statesman

Austin Commercial, LP

Austin Community College District

Austin Energy

Baker Botts L.L.P.

Bank of America

BBvA Compass

Benchmark Land Development, Inc./ Plum Creek

Brown McCarroll, L.L.P.

Bury+Partners, Inc.

Capital Metropolitan

Transportation Authority

Central Texas Regional Mobility Authority (CTRMA)

City of Austin / Austin Energy

Cousins Properties, Inc.

D.R. Horton Homes, Inc.

Data Foundry

Dimensional Fund Advisors

DPR Construction, Inc.

DuBois Bryant & Campbell, LLP

Dynamic Systems, Inc.

Endeavor Real Estate group

Forestar Real Estate group, Inc.

Freescale Semiconductor

Frost Bank

Fulbright & Jaworski L.L.P.

graves, Dougherty, Hearon & Moody

Hardin Construction Company, LLC

Haynes and Boone, LLP

H-E-B Austin Regional Office

Hensel Phelps Construction Co.

Heritage Title Company of Austin, Inc.

Hill & Wilkinson

HNTB Corporation

HPI Real Estate Services and Invest-ments

Humana, Inc.

Jackson Walker L.L.P.

JE Dunn Construction

Jones Lang LaSalle

JPMorgan Chase & Co.

Live Oak - gottesman

Locke Lord Bissell & Liddell LLP

nFusion group

Oxford Commercial

Pape-Dawson Engineers, Inc.

Peter Lamy

Professional Janitorial Services

Raba-Kistner Consultants, Inc.

Riverside Resources Corp.

Samsung Austin Semiconductor

Scott, Douglass & McConnico LLP

Seton Family of Hospitals

Simon Properties group

Smith, Robertson, Elliott, glen, Klein & Douglas, LLP

Sovereign Bank

St. David’s Healthcare

Stratus Properties, Inc.

Stream Realty Partners - Austin LP

Temple-Inland

Texas gas Service

Texas State University-San Marcos

Thomas Properties group/ Four Points Centre

Time Warner Cable

United Heritage Credit Union

University Federal Credit Union

University of Texas at Austin

Wells Fargo Bank

White Construction Company

Winstead PC

Zydeco Development

100 Congress Office Building

3 Point Partners

A+ Federal Credit Union

ABC Home & Commercial Services

Airco Mechanical, Ltd.

Amelia Bullock Realtors, Inc.

American Bank of Texas, N.A.

American Constructors

American ventus Energy

Amplify Federal Credit Union

Apartment Realty Advisors

Apex global Partners

Applied Materials, Inc.

Ardent Residential, L.P.

Aspen growth Properties, Inc.

ANNUAL REPORT2011

LEAD INVESTORS | MINIMUM OF $20,000 PER YEAR

INVESTORS | LESS THAN $100,000 OvER FIvE YEARS

19

THANK YOU TO INvESTORS

Page 22: 2011 OA Annual report

Atchley & Associates, LLP

Atkins North America, Inc.

Atlantic Trust

Austin Business Journal

Austin Coatings, Inc.

Austin Commercial Real Estate Society, Inc.

Austin Hotel & Lodging Association

Austin Manor growth Organization

Austin Power Lunch

Austin Regional Clinic, PA/ Covenant Mgmt. Systems

Austin Telco Federal Credit Union

Austin ventures, L.P.

Balcones Resources

Ball - Peoples

Bank of Texas

Barshop & Oles Company

Bastrop Economic Development Corporation

Beck group, The

Berns Commercial Properties

BlueWater Systems

BMC Software

Bracewell & giuliani LLP

BRANDT

Braun & Butler Construction

Broaddus & Associates

Buena vista Foundation

Burt-Watts Industries, Inc.

Capital City Partners

Capitol Anesthesiology Association

Capitol Market Research, Inc.

Cappello group, Inc.

Carollo Engineers

Carr, Riggs & Ingram, LLC

Catapult Systems, Inc.

Cathy Coneway

CB Richard Ellis

Cedar Park Economic Development Corporation

Cencor Realty Services/ The Weitzman group/Cencor Urban

Central Texas Angel Network

CCIM Central Texas

Champion Partners Ltd.

Christianson Air Conditioning & Plumbing

City of georgetown - Economic Development Department

City of Kyle

City of Leander

Clark, Thomas & Winters, A Professional Corp.

Clean Scapes, LP

Clifton gunderson LLP

Clinical Pathology Laboratories, Inc.

CLS Partners

Coleman & Associates

Comerica Bank

CompassLearning

Concordia University Texas

Convio, Inc.

Coors-Shiner-Corona

CTA Architects Engineers

CWS Capital Partners

CWS Corporate Housing

Cypress Real Estate Advisors

Danze and Davis Architects

D&H Roofing

David Petrick Company, Inc.

David Weekley Homes

Day Cable Company

DCA Construction, LP

Delaware North Companies

Deloitte, LLP

Development 2000, Inc.

Diann Cowling

DLA Piper US LLP

Dominion Advisors

Don Hewlett Chevrolet-Buick Inc.

Don Martin Public Affairs

Door Number 3

Doucet & Associates, Inc.

Drenner & golden Stuart Wolff, LLP

Duncan Commercial, LLC

Durbin Bennett Peterson Private Wealth Management, LLP

Eckert Insurance group, Inc.

Elgin Economic Development Corporation

Elizabeth Christian & Associates Public Relations, Inc.

Ellis & Salazar garage and Body Shop

Engelking Communications LLC

Ernst & Young, LLP

Facility Solutions group

Farmers Insurance group of Companies

Faske Lay & Co., LLP

First Citizens Bank

First State Bank Central Texas

Flieller, Kruger & Skelton, LLP

Flynn Construction, Inc.

Focus Strategies Investment Banking

Four Seasons Hotel Austin

Fox Service Company

Frost Insurance Agency

gallagher Benefit Services, Inc.

gensler

glass & Company, PC

gottesman Residential Real Estate

gracy Title, a Stewart Company

grandbridge Real Estate Capital, LLC

greater San Marcos Partnership

green Bank

greystar Real Estate Partners, LLC

group Solutions RJW

grubb & Ellis Co.

gSC Architects

gSD&M Idea City LLC

Haegelin Construction Co., Ltd.

Hahn, Texas

Harden Healthcare, LLC

Harvey-Cleary Builders

Haynes Whaley Associates, Inc.

HDR Engineering, Inc.

HealthCare Facilities Development Corporation

Heldenfels Enterprises, Inc.

Hester Capital Management, LLC

Higginbotham & Associates, Inc.

Hill Country Electric Supply

Hillhouse Realty, Inc.

Hilton Austin

Historic Norwood Tower

HMg & Associates, Inc.

Holtzman Partners LLP

Home Builders Association of greater Austin

Horizon Bank, SSB

Howdy Honda

20

Page 23: 2011 OA Annual report

Huston-Tillotson University

Hutto Economic Development Corporation

Hyatt Regency Austin

Imagecraft Exhibits

Independence Title Company

International Bank of Commerce

Intersil Corporation

Intertech Flooring

Ironwood Real Estate

Jacobs Engineering group, Inc.

Jarrell Economic Development Corporation

Jeff Stewart, CCIM

Jerald Winetroub Company

Jim Cotton

Jimmy Evans Company

Joe Bland Construction, L.P.

John C. Lewis Company

Journeyman Construction, Inc

Keller Williams Realty

Kennedy Wilson, Inc.

KPMg LLP

Larry Peel Company

Lee Tilford Agency

Lexus of Austin

Lila Nelson Beard

Lockhart Economic Development Corporation (LEDC)

Longaro & Clarke, Inc.

Lott Brothers Construction Company, Ltd.

Luminex Corp

Martine Properties, Inc.

Matt Mathias & Company

Maxwell Locke & Ritter LLP

Mcgarrah/Jessee L.P.

Mcginnis, Lochridge & Kilgore

McLean and Howard LLP

Meador & Jones, LLP

MHBT Inc.

Moore & Associates, Inc.

Moreland Properties, Inc.

Morrison & Head, LLP

Multimedia games, Inc.

Munday Enterprises

NAI REOC Austin

NorthMarq Capital, Inc.

Nyle Maxwell of Austin, LLC

O’Connell Robertson

Oden Hughes LLC

Padgett, Stratemann & Co., L.L.P.

Park Central

Patten Law Firm

Perficient, Inc.

Pflugerville Community Development Corporation

PlainsCapital Bank - Congress

PMB Helin Donovan, LLP

Porter Company

Powell, Ebert & Smolik, PC

PricewaterhouseCoopers, LLP

Prime Strategies, Inc.

Prosperity Bank

Ranger Excavating, L.P.

Reznick group, PC - Austin Office

Rifeline, LLC

River Place Corporate Park

RKB Contractors, Inc.

Rockford Business Interiors

Round Rock Economic Development Partnership

SACHEM, Inc.

Saunders, Norval, Nichols, & Atkins, L.L.P.

Schlosser Development Corporation

Schmidt Electric Company, LP

Silverback Acquisitions

Spawglass Contractors, Inc.

SpawMaxwell Company a Balfour Beatty Company

Spear Street Capital

St. Croix Capital Corporation

Staats Falkenberg & Partners, Inc.

Steve Hall

Steve T. Matthews Company

STg Design

Strait Music Company

Studio 8 Architects, Inc.

Summit Commercial

SvTC Technologies, Inc.

T. Stacy & Associates, Inc.

Taylor Commercial Real Estate

Taylor Economic Development Corporation

TDIndustries

Teeple Partners, Inc.

Terracon Consultants, Inc.

Terry McDaniel & Company

Texas Capital Bank, N.A.

Texas DPS Credit Union

Texas Enterprises, Inc.

Texas Health Credit Union

Texas Realty Capital, LP

Thomas graphics, Inc.

Thompson & Knight LLP

Time Insurance Agency

Tokyo Electron U.S. Holdings, Inc.

Tom Terkel

Transwestern Commercial Services

Treaty Oak Bank

Trimbuilt Construction, Inc.

Trinity Real Estate Finance, Inc.

United Commercial Realty

Urbanspace Realtors, LLP

vcfo, Inc.

versata, Inc.

Walker Engineering, Inc.

Walt Penn

Walters Southwest

Weaver, LLP

Wheeler Fairman & Kelley

Workman Commercial Construction Services, Ltd.

Workplace Resource

Wortham Insurance & Risk Management

Zapalac/Reed Construction Company, L.P.

21

oPPorTuniTy auSTin 2011

Page 24: 2011 OA Annual report

OPPORTUNITY AUSTIN

535 EAST 5TH STREETAUSTIN, TEXAS 78701

512.478.9383


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