In many ways, the strength of the Buffalo Niagara resurgence, the momentum we felt here on the ground, and the story being talked about by economic developers, expats, NFL fans, and many others across the country was validated by the 2021 calendar year. Our region routinely entered itself into the national and even global conversation with significant project developments, innovations, and largescale transformations.
Although challenging in the face of the Covid-19 pandemic, the 2020-21 fiscal year was a very successful one for Invest Buffalo Niagara (InBN). Our work resulted in 14 companies relocating or expanding in Buffalo Niagara, creating 725 jobs and investing $447,208,300.
For those of us steeped in economic development, constantly promoting and growing our communities, every week is economic development week! This year more than ever, we welcome the opportunity to pause and take stock of our accomplishments, as we all seek to lift our communities beyond the COVID-19 pandemic.
During this pandemic, I’ve been reflecting on the core values that have been the foundation of our organization. Many great local leaders were involved in and laid the groundwork for a strong regional economic development organization. One of our most influential founders – and a great mentor to me – was Randy Clark, former chair of Invest Buffalo Niagara. One of Randy’s favorite expressions was, “Economic development is not a spectator sport.”