Page 48 - CityofArlingtonFY26AdoptedBudget
P. 48

Business Plan





                                               Grow Our Economy
                                            Forge Local Business Community
                          Project                   Performance Measure(s)                Department(s)
             Targeted Attraction              Number of Inbound and Outbound    Economic Development Services and
                                              Leads                             Economic Development Corporation


             Summary:
             The Arlington Economic Development Corporation (EDC)
             aims to enhance business attraction and expansion through
             a coordinated lead strategy involving both inbound and
             outbound efforts.

             Inbound Leads:
                •  Requests for Information (RFI): Improve
                    coordination with the Economic Development
                    Services (EDS) and the Governor’s Office to
                    provide input on incentives and support potential
                    projects
                •  Broker/Dallas Regional Chamber (DRC) Leads:
                    Work closely with EDS on leads from brokers and
                    the Dallas Regional Chamber, aligning responses
                    and offers

             Outbound Leads:
                •  Existing Businesses: Conduct outreach to assess
                    expansion opportunities and identify partners who
                    may also consider relocating or growing in
                    Arlington
                •  External Businesses: Proactively engage
                    businesses in targeted industries outside Arlington
                    to promote relocation or expansion

             Next Steps:
                •  Build infrastructure and processes to support
                    implementation
                •  Strengthen collaboration with EDS on all inbound
                    leads
                •  Schedule meetings with current businesses for
                    growth discussions
                •  Identify and engage external companies aligned
                    with Arlington’s strategic industry focus


















            FY 2026 Proposed Budget and Business Plan                                        42                                                                City of Arlington, Texas
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