050 – Economic Development Secrets – Barry Broome, Greater Sacramento Economic Council

This month’s special guest is Barry Broome, President and CEO of the Greater Sacramento Economic Council. The organization is the catalyst for innovative growth strategies in the Capital Region of California. Barry is responsible for leading community-driven efforts to attract, grow, and scale new businesses; develop advanced industries; and guide new job-creation strategies throughout a six-county region. In his role, he has established the first public/private partnership economic development organization led by Chief Executive Officers in the State of California. The organization is led by 43 CEOs and 20 communities in the Greater Sacramento region.

Previously, Barry was the President and CEO of the Greater Phoenix Economic Council (GPEC) where he delivered more than 50,000 jobs and 250 company locates into the Phoenix region. Under his leadership, for six out of the ten years, GPEC was named one of the top economic organizations in North America by Site Selection Magazine. In 2013, he was also named Arizona Economic Developer of the Year, Arizona Real Estate Executive of the Year, and received the Phoenix Black Chamber of Commerce award.

Prior to Arizona, Barry was the CEO of Southwest Michigan First (SMF), where he built an organization from the ground up, which was later listed in the top 20 companies in North America by Site Selection Magazine. In 2006, SMF was named one of the fast 50 companies in Inc. Magazine— the first nonprofit to have that honor. Barry built and co-developed venture funds, angel networks, and 31 new ventures – primarily in the life science space in the Kalamazoo region. Barry was named Michigan Economic Developer of the Year in 2001. Preceding Michigan, Barry led the economic development in Toledo, Ohio, where he completed the largest industrial deal in the history of the United States called Project Jeep; which was built on 450 acres of brownfields in the North Central Toledo area.

Barry’s been featured and interviewed for his work in global and national media outlets including the L.A. Times, Bloomberg, Forbes, and CNBC among other publications. In addition, he was the keynote speaker at Arizona State University’s 2009 graduation and has been a guest lecturer at the University of Chicago, Notre Dame, Arizona State University, University of Arizona, Kalamazoo College, and Western Michigan University.

Barry’s Email: [email protected]

Website: https://www.selectsacramento.com/

COVID-19 Resources: https://www.selectsacramento.com/covid19resources/

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