Portions excerpted from March 17, 2010 FEDA media release. To read the full release, click here.

 

The Fairfield Economic Development Association announced the launch Thursday of the 2010 Fairfield Existing Business Initiative [FEBI]. The Initiative, a business outreach survey and interview program first implemented in 2008 (click here for report), seeks to gather extensive intelligence on the condition of the local economy.

 

During the FEBI campaign, members from a six-member FEDA Board subcommittee will visit leaders at 36 of Fairfield’s largest employers in an effort to identify growth opportunities; retraction threats and gather marketplace, community and utility services satisfaction data.

 

The program takes a three-part approach to information gathering. The first component, a company background information survey, has already been distributed to each of the participating companies and is expected to be returned by mid-April. A live appointment follows. Following receipt of the background forms, we will be contacting company officials to set up meetings during which two members of the FEBI subcommittee will visit the company site and conduct a comprehensive interview with question topics ranging in scope from international market share to local Internet service satisfaction.

 

The final component is a post-visit follow-up report submitted by FEBI committee members following the meeting to FEDA for analysis. A final aggregate report will be released to the community at the FEDA annual meeting in September.