Economic Development

Economic-developmentOdell Simms, Inc. is a leader in attracting business investment on behalf of Economic Development Organizations (EDOs)—including government agencies, chambers of commerce, business councils, and public-private partnerships. We specialize in building long-term, sustainable relationships between EDOs and corporations that create and retain jobs, generate revenue, and stimulate economies.

Our firm’s economic development arm was established in 1989 as an affiliation with JWP Strategy International Ltd. under the joint brand OSA Strategy. Together, we have helped EDOs worldwide secure hundreds of millions of dollars of investments from thousands of North American and global private-sector organizations. In fact, many of the programs OSA Strategy has created over the years are recognized today as models for facilitating trade and investment promotion with mid- and large-cap companies.

Through our robust network, we have a pulse on key decision makers of companies that are considering expansion—either through direct investment, joint ventures and acquisitions, or realignment and consolidation. Our success in attracting investment and securing commitments on behalf of national, regional, and urban EDOs has expanded our corporate relationships in North America and globally.

Economic Development Services

Business Intelligence Unit

Research to assist in targeting specific industry sectors, geographic areas, types of companies, or individual organizations for investment opportunities. Additionally, our firm leverages a proprietary database that includes intelligence on corporations’ financial conditions, expansion plans, and commercial agendas.

Lead Generation

Identify companies whose business growth strategies align with the development interests of a region and pinpoint the executive(s) responsible for making investment decisions.

Business Marketing Campaigns & Investment Promotion

Develop strategic communications initiatives that promote appealing infrastructure, support services, tax incentives, workforce capability, and living standards of a region to businesses to encourage investment.

Communications & Creative Suite

Convey a region’s unique selling proposition to prospective businesses through the development of compelling messaging, marketing materials, and other collateral.

Business Attraction

Engage and facilitate negotiations with high-quality, corporate executives to increase capital investment in a region.

Business Retention & Expansion

Develop strategies to support and facilitate the growth and sustainability of existing business investment. Aftercare activities include managing disinvestment risks, expansion candidates, and high- and low-maintenance organizations.

Event Management

Plan and execute promotion activities, such as business seminars, high-level receptions, trade shows, and media events, among others, to connect EDOs with relevant corporate decision makers.

    

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Odell Simms, Inc.

1593 Spring Hill Road, Suite 450 Tysons Corner, VA 22182
Phone: (703) 903-9797
Fax: (703) 903-8850