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ANNUAL REPORT
to our valued
2011 PIVOTAL PARTNERS
    Pivotal Partners of the Austin Chamber of Commerce support a
    comprehensive program of work in economic development, education
    and talent, government relations, regional infrastructure, technology,
    and small business programming, as well as business attraction,
    retention and expansion efforts in Central Texas.
2011        TABLE OF CONTENTS
                                                               ANNUAL
                                                               REPORT



Message from the Chair	                                   3

Membership	                                               4

Marketing	                                                8

Transportation & Infrastructure	                          10

Talent & Education	                                       12

Economic Development 	                                    14

Technology	                                               16

Financials	                                               20

Board of Directors	                                       21

Advisory Board Members	                                   23




 Greater Austin Chamber of Commerce | austinchamber.com
2




 BOBBY
JENKINS
3




               MESSAGE
               FROM THE CHAIR




The Austin Chamber of Commerce is proud to report that 2011 was one of the most
successful in our 135 year history. Our membership is 2,500 strong and growing, and
our programming continues to evolve to meet the changing needs of our business
community.


Cities across the world are carefully looking at Austin to see why it is we are enjoying
economic success in our business and industry. It is precisely this growth that has
garnered media attention from around the globe in 2011. Publications and outlets –
including Forbes, MSNBC, TIME Magazine, CNN, Bloomberg, Reuters , BBC and more
– feature the thriving Austin business community. Small and large businesses alike
benefit from this attention and its core message: Austin is open for business.


Your Chamber is here to support you with a variety of programs, services and events
that help to shape the community we are all proud to call our home. The professional
staff and our volunteer business leaders invest their time on a range of initiatives
that impact the business community – from public policy to education to business
attraction, to transportation, to technology to small business and more.


Thank you for helping the Chamber tell the compelling story of business success in
Central Texas. And on behalf of the board of directors, thank you for doing business
in Austin.




                                                     BOBBY JENKINS
                                                     2011 Chair
                                                     Austin Chamber of Commerce
4




An analysis of the Greater Austin Chamber of Commerce’s current
membership shows a diverse membership base made up of these
primary categories:
                                              Number of      Annual Dues
                                              Members
Professional, Scientific, & Technical Svcs   19.2%     481   23.8%   $516,342
Finance and Insurance                        14.4%     361   13.1%   $285,240
Other Services                               9.8%      247    5.0%   $107,675
Accommodation & Food Services                8.3%     209     7.5%   $162,937
Real Estate, Rental and Leasing              8.0%     200    6.0%    $131,037
Health Care, Social Assistance               6.9%      172   8.5%    $184,907
Construction                                 5.3%      132    5.7%   $124,047
Retail                                       4.7%      117    5.2%   $112,305
Educational Services                         3.7%       92    2.9%    $62,521
Manufacturing                                3.2%       81   8.5%    $184,636
All Others                                   16.6%     416   13.8%   $300,211
TOTAL as of DEC. 21, 2011                    100%    2,508   100% $2,171,856




Average number of Full Time Equivalents per member: 94.44

Average dues per member: $866
5




                            CHAMBER MEMBERSHIP


  In 2011, the Austin Chamber of Commerce worked to make a positive impact on Austin’s
  regional economy by supporting the growth and prosperity of its members. As one of the
  largest chambers of commerce in Texas, Austin welcomed 610 businesses as new members last
  year. Our member retention rate is positive – 79% of membership dues were retained in 2011.


  In 2011, the Chamber kicked off a number of exciting new initiatives within its Membership
  Division. The Chamber has created a Small Business Advisory Council to lead the Small
  Business efforts for the organization. In addition, the Chamber has partnered with Texas
  State’s Small Business Development Center to provide free, on-site business counseling
  services for our members.


  The Chamber has embarked on a sales training program for its membership sales staff to
  ensure a professional sales experience for new members. The Chamber also has engaged the
  services of a Membership Retention specialist to improve its member retention strategies.



                                                           Cedar Park
       $5K-$10K                                               1%      All Others*
          .8%      > $10K                                                 8.4%
                    .8%                              Round Rock
     $3.5K-$5K
        1%                                              2.8%

$1.5K-$3.5K
   38.2%

                               < $499                                                   Austin
                               51.9%                                                   87.8%
              $500-$1,500
               38.2%

          ANNUAL DUES                                                  BY CITY

                                                                 *(includes Georgetown, Pflugerville, Lakeway,
                                                                 San Antonio, San Marcos, Buda)
6




2011 VOLUNTEERS OF THE YEAR
Michael Laing, Wells Fargo; Rob Hutton,
Lennar; Mark Curry, Wells Fargo; David
Reiter, Luminex Corporation; Tracey Nelson,
Maven Marketing Solutions; Joe Cantalupo,
Parsons Brinckerhoff; Ray Wolf, Green
Integrated Services; John Price, Vast.com


   2011 AUSTINITES OF THE YEAR
     Nick Barbaro, publisher and co-founder
   of the Austin Chronicle; Roland Swenson,
   co-founder and current managing director
    of SXSW; Hugh Forrest, Director of SXSW
  Interactive; and Louis Black, co-founder of
     SXSW and editor of the Austin Chronicle.




                                                GLOBAL CONNECTIONS
                                                                           WITH THE CHAMBER
                                                The Chamber led its first group trip to China in 2011
                                                as part of a new international travel program.
7




                             PROGRAMS
                               EVENTS

The Chamber offers a range of programs, member benefits, advertising opportunities and
advocacy initiatives to provide value to our business community. Throughout the year, 254
members were engaged in the work of the Chamber through Area Business Councils. In 2011,
the Chamber produced over 100 meetings and events with over 10,000 attendees, including:

 •   C
      hamber 2011 Annual Meeting: This sold-out event honored our 2010 Chamber
     Volunteers of the Year, and the 2010 Austinite of the Year, Lance Armstrong.

 •   C
      EO Peer Advisory Groups: This program was created for C-level executives to provide
     members with access to their own confidential board of advisors who gather monthly to
     exchange best practices, past experiences, thoughts, ideas and overall general guidance
     regarding growth, health and overall success in their business.

 •   B
      usiness by Referrals: This popular six-part educational series teaches members to identify
     top referral contacts and provides participants with a proven system to maintain and build
     upon this list.

 •   C
      hairman’s and President’s Advisory Boards: A series of networking receptions and
     special events were held throughout the year, exclusively for members investing at the
     Chairman’s and President’s levels.

 •   G
      reater Austin Business Awards: The Chamber’s annual awards dinner attracted over
     1,000 attendees and recognized the best of Austin businesses of all sizes.
8




CHAMBER PUBLICATIONS
In 2011, the Chamber
developed new collateral
for its members, including
All About Austin, A Job
Seekers Guide to Austin and
updated industry directories.
In partnership with Texas
Monthly, the Chamber
produced the Greater Austin
Newcomer’s Guide and the Central
Texas Economic Development
Guide.




       THE VOICE OF BUSINESS
       BRANDED ADVERTISING CAMPAIGN
       Working with our media partners, the Chamber
       built a branded advertising campaign, “The Voice
       of Business,” with rotation on television, radio, print
       and web. The campaign was designed to speak to
       audiences within each of the division lines, with
       a focus on small business--- 85% of the Austin
       Chamber membership.
9




                                           MARKETING
                                            COMMUNICATIONS

SHARING AUSTIN’S STORY WITH THE WORLD
As part of our media strategy, more than 430 unique articles on Austin businesses were
seen in publications including the New York Times, Wall Street Journal, Time Magazine,
Forbes, Bloomberg, Information Management, The Economist and more.

                                                                                 5% 3%
         96.8%                              Mentions by Topic                              23%
                                    435




                                                                            5%
    Year-over- Year                            Economic Development
                                                                      10%
       Increase                                Technology
                                               Education
                              221




                                               Jobs
            April-December




                                               Entrepreneurial        16%
                                               Clean Energy/Tech                              21%
                                               Municipal Issues
                                               BioSciences
                                                                                   17%
                             2010   2011


                                                        WEB  INTERACTIVE
                                                        The Austin Chamber completely revamped
                                                        its website in 2011 to better reflect the
                                                        organization’s program of work as well as the
                                                        initiatives of the business community. Based
                                                        on year-over-year metrics, the site’s bounce
                                                        rate decreased 28%, pages per visit increased
                                                        100%, and average time on the site increased
ORGANIZATIONAL OUTREACH
                                                        by 113%. From an awareness standpoint: visits
In 2011, open rates on the Chamber’s
                                                        increased 423%, and organic search visits have
e-marketing for programs and other
                                                        increased 357%.
outreach increased from from 8% to 21%.
The revamped FOCUS newsletter,                          Year-end 2011 metrics show a higher level of
previously averaging an 8% open rate,                   monthly visitors sustained and growing: 67%
increased to a 16% open rate.                           new visitors, 32% returning, with average
                                                        pages visited at 2.74 per session
AVERAGE OPEN RATES
(compared to national industry averages)                      The Chamber’s Facebook account saw
21.3%	 Austin Chamber                                         an increase of 17% in new likes with a
20.6%	Associations                                            246% increase in post interaction, and
21.7%	NonProfits                                              Twitter followers doubled between April
16.5%	 Business Services                                      and December, from 3,021 to 6,069.
10




2011 TRANSPORTATION
ACCOMPLISHMENTS
Newly opened facilities
 •  Ben White at IH 35
    interchange
 •  SH 130 at Cameron Road
    ramps providing access to
    Austin Executive Airport

Facilities under construction
 •  183A Phase II to open April
    2012
 •  Manor Expressway (US 290 E
    to SH 130); Phase I expected to
    open in late 2012
 •  Loop 1 at US 290 W
    interchange to open in 2012
 •  Ben White overpass bridge at
    Riverside to open in 2014

Projects proceeding on time
 •  Mopac Phase I express lanes
     (Parmer to Cesar Chavez) to
     open in 2016
 •  Y at Oak Hill interim
     improvements; Phase I
     expected to open in 2013
 •  SH 71 E at FM 973 interim
     improvements; expected
     completion in 2013
 •   First Capital Metro Rapid line
     expected to open in late 2013

Projects moving forward with
environmental study underway
 •  SH 45 SW with study
    performed by TxDOT
 •  US 183 S with study
    performed by CTRMA
11



                    PUBLIC POLICY
                       TRANSPORTATION AND
                       INFRASTRUCTURE


Transportation and infrastructure remain top priorities for
Central Texas, and the Chamber continues to be a leading
advocate for improving regional mobility.

In 2011, Chamber board members were appointed to lead key
initiatives, including Senator Watson’s Mobility Improvement
Priorities Task Force, the City’s 2012 Bond Election Advisory
Task Force, and CAMPO’s Transit Working Group. Chamber
leadership also facilitated dialogue to implement solutions for
                                                                  D.C. Visit, May 2011
congested intersections such as 5th and 6th Streets at Lamar      The Chamber’s annual
and Parmer at Dessau.                                             trip to Washington D.C.
                                                                  strengthens relationships
                                                                  with key leaders in the
Another key infrastructure priority is the funding,               White House and in federal
                                                                  government agencies to
development and construction of a top-tier four-year medical      promote issues important
school associated with The University of Texas. Chamber           to Chamber members;
leadership is actively involved with Senator Watson’s working     such as transportation,
                                                                  international trade and
group on this project, which would enable a substantial           technology.
expansion of the life sciences business sector in Central Texas
and create a broad new avenue of opportunity for private
sector jobs.


The Chamber supports a comprehensive strategy to plan for
future water needs, including conservation, increased use of
reclaimed water and construction of a new Water Treatment
Plant 4. In 2011, following a report from the City Auditor,
elected officials agreed that delaying the project would
be too costly, and Water Treatment Plant 4 will now move
forward. At the state level, the Texas Water Development          InterCity Visit, Sept. 2011
Bonds Amendment (SJR 4) was passed, allowing increased            More than 100 delegates
                                                                  traveled to Charlotte, NC
funding for statewide water infrastructure.                       for the Chamber’s eighth
                                                                  annual InterCity Visit to
                                                                  learn from the similarities
                                                                  and visions that the two
                                                                  cities share.
12




                                                     K-12 EDUCATION PROGRESS REPORTS
                                                     The Austin Chamber, in partnership with local
y?                                                   chambers of commerce, issued progress reports

chool
                                                     for the Austin, Del Valle, Eanes, Hays, Hutto,

ace.
                                                     Lake Travis, Leander, Manor, Pflugerville, Round
                                                     Rock, and San Marcos ISDs. These reports
                                                     monitor progress and report out-year school
                                                     district targets for direct college enrollment,
                                                     college readiness, high school graduation and
                                                     TAKS pass rates.




                                                     FINANCIAL AID SATURDAYS
                                                     The region’s 2011 Chamber Financial Aid
                                                     Saturday events helped 2,000 families submit
                                                     federal financial aid forms. Regional Q1 2011
                                                     FAFSA filings have increased 102% since 2006.
                                                     Class of 2011 financial aid is up $50 million over
                                                     Class of 2006.




        “ he Austin Chamber of Commerce quarterbacks the strategic provision of
         T
         resources and support and leads sophisticated efforts to hold districts’ feet to the
         fire with the pioneering report card and a firm commitment to weighing in on
         political issues and questions of funding.”
                            – “Partnership is a Two-Way Street: What it Takes to Help Drive School Reform,”
                                                                      U.S. Chamber Of Commerce, June 2011
13




                                   EDUCATION
                                    TALENT



 Opportunity Austin’s groundbreaking talent pipeline initiatives are recognized as a national
 model by the U.S. Chamber of Commerce. As part of the Opportunity Austin initiative, the
 Chamber and 15 area school districts set a 70% direct-to-college enrollment goal for the Class
 of 2015, up from 62% for the Class of 2010.

 •   T
      he region has the most sophisticated regional database (Central Texas Student Futures
     Project) to track individual high school, employment, military and post-secondary
     education data records in the United States.

 •   A
      task force of business and community leaders also produced an Austin Community
     College (ACC) progress report, detailing ACC’s accomplishments and identifying areas for
     growth, addressing talent development needs specific to certain industries in Austin.

 •   T
      he region’s Skillpoint College/Career Expo exposed 13,000 Central Texas high school
     students to Austin careers and the post-secondary education they require.

 •   A
      ustin ISD’s college/career readiness rate has increased from 38% to 55% from the Class of
     2008 to the Class of 2010.




                                           6th Annual State of Education
Tony Befi, Chamber Vice Chair Education/                      6 Ideas That Will Change the World
Talent Development; Vice President, IBM
14




#1| BEST BIG CITIES FOR JOBS |
                        Forbes
15



                        ECONOMIC DEVELOPMENT
                           DIVERSIFICATION




The Austin area experienced tremendous economic vitality in 2011, with 51 businesses
expanding their offices, industrial production and job force. In addition, 35 new companies
chose to relocate their businesses to our region from other parts of the country, an increase
from 29 in 2010. This economic development occurred across myriad industries, including key
growth industries such as biopharmaceutical, high tech, digital media and clean tech. Strategic
recruitment efforts will continue to further diversify Austin’s business portfolio, and secure the
region’s national reputation as a center of human capital and innovation.




                                      JObS                                         2011
                                      4,096                   RELOCATIONS
                                                              BY INDUSTRY SECTOR
                     JObS                                	               Clean Tech	 3
                                                         	              Data Center	 2
                     3,128
                                                         	            Digital Media	 6
                                                         	      HQ/Regional Office	 1
                                                         	Medical Device/Bioscience	 1
                                                         	Semiconductor	              1
   JObS                                                  	Software	                   6
    547                                                  	Wireless	                   7
                                                         	                  Other IT	 3
                                                         	Other	                      5
                                                         	                   TOTAL	35
  2009              2010              2011
    17               29                35
COMPANIES        COMPANIES         COMPANIES
16




ECONOMIC IMPACT ON THE AUSTIN MSA
OF NEW  EXPANDED OPERATIONS
                                                  JOBS                                    EMPLOYEE                          TOTAL
COMPANY                                          created                                 compensation                      economic
                                                                                                                            impact
                                                     indirect/
                                            direct   induced     total          direct     indirect/induced      total
3Seventy                                       30       100       130         $2,965,765     $3,974,751       $6,940,516   $15,214,271
58 Phases                                      20        23        43         1,044,637         976,766        2,021,402     3,333,381
Active Power                                   40        54        94         4,207,701       2,443,543        6,651,244    12,818,245
Adlucent                                       30        31        61         1,915,158       1,211,415        3,126,573     5,017,667
The Advisory Board Co.          •            239        245       484         15,257,424      9,650,940       24,908,363    39,974,081
Al Frank Asset Management                      25        14        39           690,975         555,208        1,246,183     1,995,450
Alpha Omega Wireless         •                 20        39        59         1,179,376       1,624,825        2,804,202     7,429,085
Altera Corp.     •                           200        244       444         15,371,814      9,842,796       25,214,611    38,458,909
ArthroCare Corp.                             100        186       286         7,951,664       8,864,193       16,815,857    29,575,277
ATT Labs    •                               350        419       769         20,899,530     16,753,381       37,652,911    57,932,294
Audiotoniq                                     15        28        43         1,192,750       1,329,629        2,522,378     4,436,291
BAE Systems                                  200        434       634         21,233,673     20,110,747       41,344,419    66,357,245
BeHome247                                      10        33        43           988,588       1,324,917        2,313,505     5,071,423
BlackLocus                                     30       100       130         2,965,765       3,974,751        6,940,516    15,214,271
Broadway Technology                            40       134       174         3,954,353       5,299,667        9,254,020    20,285,693
Catapult Systems                               16        18        34         1,273,693         675,495        1,949,188     3,005,892
Cenoplex                                       10        33        43           988,588       1,324,917        2,313,505     5,071,423
Certain Affinity                               12        40        52         1,186,306       1,589,900        2,776,206     6,085,708
Certain Affinity                               40       134       174         3,954,353       5,299,667        9,254,020    20,285,693
CFAN                                           50        36        86         3,072,347       1,556,987        4,629,334     8,034,160
Cirrus Logic                                 150        183       333         11,528,861      7,382,097       18,910,958    28,844,181
Community Cars                                 30        49        79           690,966       2,223,890        2,914,856     5,784,065
Complete Energy Systems             •        200        578       778         25,254,630     27,468,452       52,723,082   100,879,709
Convio                                         34       113       147         3,361,200       4,504,717        7,865,918    17,242,840
CSIdentity                                     15        50        65         1,482,883       1,987,375        3,470,258     7,607,135
Debix                                          20         9        29           563,872         368,966         932,838      1,419,321
Durcon                                         65        56       121         3,138,781       2,392,258        5,531,039    10,501,020
eBay/PayPal      •                          1,000 1,156          2,156        52,231,824     48,838,290 101,070,114        166,669,022
Electronic Arts      •                       300     1,001       1,301        29,657,651     39,747,505       69,405,156   152,142,708
Emerson Process Management              •    125       417        542         12,357,355     16,561,460       28,918,815    63,392,794
ESPN Longhorn Network                          75      251        326         3,788,946       9,299,724       13,088,670    28,703,121
Evernote   •                                 250       834       1,084        24,714,709     33,122,920       57,837,629   126,785,589
Fallbrook Technologies      •                  65        69       134         2,796,674       3,170,550        5,967,225    10,162,369
Fotowatio Renewable Ventures            •      10        16        26         1,006,882         646,486        1,653,368     4,786,051
Happy Cog      •                               20        22        42         1,592,117         844,369        2,436,486     3,757,365
HDI Plastics                                   75      256        331         6,072,609      11,965,217       18,037,826    34,365,518
HostGator    •                               500       508       1,008        23,699,171     20,561,041       44,260,213   103,264,704

Bold = New         • Projects directly assisted by Austin Chamber
17




                                                   JOBS                                    EMPLOYEE                             TOTAL
COMPANY                                           created                                 compensation                         economic
                                                                                                                                impact
                                                  indirect/
                                         direct   induced     total            direct     indirect/induced       total
Image Microsystems                         180       132          312        $7,035,214      $5,319,324       $12,354,538      $23,663,545
Indeed                                       30        35          65         1,566,955       1,465,149         3,032,103        5,000,071
Informatica      •                         175       584          759        17,300,296      23,186,043        40,486,339       88,749,909
Insuraprise                                  35        43          78         2,449,639       1,797,987         4,247,627        7,051,878
Interspire                                   30      100          130         2,965,765       3,974,751         6,940,516       15,214,271
InteSolv    •                                25        28          53         1,990,146       1,055,461         3,045,607        4,696,706
James E. Bashaw  Co.                        15         8         23           414,585          333,125           747,710        1,197,270
KingsIsle Entertainment                      30      100          130         2,965,765       3,974,751         6,940,516       15,214,271
Main Street Hub       •                      29        29          58         1,690,854       1,126,086         2,816,940        5,309,622
Malauzai Software                            30      100          130         2,965,765       3,974,751         6,940,516       15,214,271
mindWireless                                 30      100          130         2,965,765       3,974,751         6,940,516       15,214,271
Nomadesk                                     40      134          174         3,954,353       5,299,667         9,254,020       20,285,693
Office Depot     •                         200         42         242         2,313,445       1,652,012         3,965,456       13,897,213
OwnLocal                                     15        50          65         1,482,883       1,987,375         3,470,258        7,607,135
Polycom                                      60        73         133         4,611,544       2,952,839         7,564,383       11,537,673
ProfitFuel                                 220       225          445        14,044,491       8,883,711        22,928,202       36,796,227
Progressive Insurance                      166       312          478        12,963,548      15,020,493        27,984,040       63,085,406
Rackspace Managed Hosting                  700       711       1,411         33,178,840      28,785,458        61,964,298      144,570,585
Redbird Flight Simulations                   25        54          79         2,654,209       2,513,843         5,168,052        8,294,656
Salsa Labs                                   30      100          130         2,965,765       3,974,751         6,940,516       15,214,271
Samsung                                    330       954       1,284         41,670,138      45,322,944        86,993,082      166,451,513
SceneTap     •                               30      100          130         2,965,765       3,974,751         6,940,516       15,214,271
ScienceLogic                                 14        47          61         1,384,024       1,854,883         3,238,907        7,099,993
ServiceMesh                                  12        40          52         1,186,306       1,589,900         2,776,206        6,085,708
Solar Power Technologies                     15        27          42         1,924,860       1,196,409         3,121,269        4,694,348
Spiceworks                                   95      317          412         9,391,590      12,586,710        21,978,300       48,178,524
Spredfast                                    50      167          217         4,942,942       6,624,584        11,567,526       25,357,117
Starmount                                  130       434          564        12,851,649      17,223,919        30,075,569       65,928,509
Superconductor Technologies         •      135       160          295        10,960,981       7,327,529        18,288,510       26,488,755
Terra Pave International                     10        39          49         1,221,001       1,688,066         2,909,067       14,849,205
Thermo Fisher Scientific                   150       129          279         7,243,342       5,520,595        12,763,937       24,233,124
                  •
(formerly ALC-Collegedale)
US Farathane                               228       165          393        12,058,594       7,074,653        19,133,247       33,689,527
Volusion   •                               140       155          295        11,144,816       5,910,582        17,055,398       26,301,551
Whale Shark Media                            80        92         172         4,178,546       3,907,063         8,085,610       13,333,523
WindData                                   130       132          262         6,161,785       5,345,871        11,507,656       26,848,824
Xeris Pharmaceuticals        •               10        55          65          851,181        2,715,034         3,566,215        7,636,734

TOTAL                                     8,035 13,887        21,992     568,850,940       580,585,630       1,149,436,570   $2,262,110,143

Bold = New       • Projects directly assisted by Austin Chamber
18




In 2011 the Chamber continued the implementation of the Technology Partnership, created in
late 2010 by the Chamber board of directors to provide outreach to the regional technology
community. The technology sector includes over 3,900 companies within a five-region area
surrounding Austin. In fact, tech companies account for 12% of the region’s total workforce
and 25% of the area payroll. Because such a significant percentage of our workforce is engaged
in technology, the business retention and expansion work of the Chamber is now aligned
under the Technology Partnership.


Last year, the Technology Partnership engaged over 100 regional tech executives to provide
input and direction to the strategies related to not only business attraction and retention but
also company formation. Seven technology special interest groups (SIGs) focused the initiative
in the following industry segments: Technology Manufacturing, Clean Technology, Life
Science/Healthcare, Mobile, Gaming, Advertising Technology, and Software.


Throughout 2011, Austin saw its regional venture capital investments increase by 13% to over
$1.1 billion. With 6,000 new technology jobs created, the region experienced the largest year
over year increase in the past decade.

                                                      Of note in 2011 was the launch of the Startup Austin
                                                      Texas web portal of the Startup America Partnership.
                                                      Austin was the first region in Texas to participate
                                                      in this national web initiative. And to increase the
                                                      visibility of regional technology startups seeking
                                                      funding, the Chamber also created the Austin A-List,
  THE AUSTIN A - LIST                                 an easy go-to source for tech startup investors.
          25 of the Hottest Startups
                                Greater Austin Chamber of Commerce
19



                       TECH PARTNERSHIP
                          BUSINESS RETENTION
                          AND EXPANSION


Because 80% of new jobs are created       TOP BUSINESS ISSUES (ALL INDUSTRIES)
by existing businesses, retaining the            % of employment      % of companies
companies that are currently here
                                          1. RECRUITMENT PROBLEMS
and fostering their growth is a top
strategic priority. Throughout 2011,                   50%
the Chamber’s Business Retention                                81%
 Expansion team (BRE) worked
diligently to engage with Central         2. AIR SERVICE
Texas executives and identify the top                           50%
issues impacting regional businesses.                          48%
The team visited over a thousand
companies, and conducted extensive        3. TRAFFIC
surveys with more than 300 of the
                                                 27%
top regional executives to discover
their business needs.                                        44%



TOP BUSINESS ISSUES (BY INDUSTRY SEGMENT)
CLEAN TECH                      IT/WIRELESS                        NON TECH
  1 Traffic Control                1 Recruitment Problems           1 Recruitment Problems
  2 Recruitment Problems           2 Available Workforce            2 Adverse Legislation
  3 Public Transportation          3 Air Service                    3 Public Transportation
SEMICONDUCTOR                   ADVANCED MFG                       BIO/HEALTHCARE
  1 Recruitment Problems           1 Recruitment Problems           1 Adverse Legislation
  2 Air Service                    2 Public Transportation          2 Recruitment Problems
  3 Adverse Legislation            3 Traffic Control                3 Business Climate Negative
                                                                    	 (Soft-landing issues)


EXECUTIVE SURVEYS
Total employees represented /// 84,779		           More than 100 employees /// 81 (26%)	
Regional payroll represented /// $6.3 Billion	     Fewer than 100 employees) /// 225 (74%)
20



AUSTIN CHAMBER OF COMMERCE 2011 FINANCIALS
ACTUAL REVENUE: $3.43 million                          ACTUAL EXPENSES: $3.28 million
                              $266,123
                                                                                       $347,363
                                                       $1,215,843
 $1,124,624
                                                                                              $1,020,964




  $2,041,405
                                                         $274,256
                                                                            $421,444
              Membership Dues                                       Government Relations
              Sponsorship Activities and events                     Membership
              Miscellaneous                                         Communications
                                                                    Economic Development
                                                                    Operations




                    OPPORTUNITY AUSTIN 2011 FINANCIALS

INVESTOR RELATIONS | $76,837

OPPORTUNITY FUND | $86,941

  KEEPING GREATER AUSTIN GREAT | $176,901

                 BUSINESS RETENTION  EXPANSION | $570,621

                                         EDUCATION | $1,265,043

                                           ECONOMIC DIVERSIFICATION | $1,362,373

                                                  2011 ACTUAL EXPENSES | $3,538,716
21




2011
                              ANNUAL
                              REPORT
    BOARD OF DIRECTORS

CHAIRMAN                               VICE CHAIR REGIONAL                      Gary Nauert
Bobby Jenkins                          INFRASTRUCTURE                           Texas Regional Manager // DPR
President // ABC Home                 Greg Weaver                              Construction, Inc.
Commercial Services                    Managing Director // Catellus
                                       Development Group                        Darrell Pierce
                                                                                Principal // SNAP Management
CHAIRMAN-ELECT
                                       VICE CHAIR SMALL BUSINESS                Group, Inc.
Clarke Heidrick
Chairman // Graves, Dougherty,         Ron Meredeith                            David Rodriguez
Hearon  Moody                                                                  Partner // Richards Rodriguez 
                                       VICE CHAIR TECHNOLOGY                    Skeith, LLP
IMMEDIATE PAST-CHAIR                   Gene Austin
Barry Mayer                            CEO // Convio                            Jim Snikeris
President // Tokyo Electron                                                     Vice President // Farmers
U.S. Holdings, Inc.                    LEGAL COUNSEL                            Insurance Group
                                       Scott Lineberry
VICE CHAIR ECONOMIC                    Managing Partner // DuBois,              Bill Stotesbery
                                       Bryant  Campbell, LLP                   President  CEO // KLRU-TV
DEVELOPMENT
Tim Crowley                                                                     Sharon Watkins
Regional President, Austin Region //
                                       MEMBERS AT LARGE
                                       Melissa Herkt                            Owner // Chez Zee American Bistro
Frost
                                       President/COO PlantWeb
                                       Solutions Group // Emerson Process       Ellen Wood
VICE CHAIR EDUCATION/                  Management                               CEO // vcfo
TALENT DEVELOPMENT
Tony Befi                                                                       TERMS EXPIRING
                                       Laura Kilcrease
Vice President, POWER Systems and                                               DECEMBER 31, 2012
                                       Managing Director // Triton Ventures
Storage Program Management // IBM
                                                                                David Anderson
                                       Bill Jones                               Vice President/General Manager //
VICE CHAIR FINANCE                     Owner // The Jones Firm                  Hardin Construction Company, LLC
Steve Knebel
Leading Partner // Maxwell,            TERMS EXPIRING                           Debbie Findlay
Locke  Ritter LLP                     DECEMBER 31, 2011                        Regional Vice President, Finance-West
                                                                                and West Central Regions // Humana, Inc.
VICE CHAIR GOVERNMENT                  Jim DeCosmo
                                       President  CEO // Forestar Group Inc.   Henry Gilmore
RELATIONS
Craig Enoch                                                                     Attorney // DuBois Bryant  Campbell
                                       Patrick Flynn
Partner // Enoch Kever                 President // Flynn Construction, Inc     Fred Heldenfels IV
                                                                                President  CEO // Heldenfels
VICE CHAIR MARKETING AND               Phillip Hawkins                          Enterprises, Inc.
COMMUNICATIONS                         Senior Vice President // State Farm
Duff Stewart                           Insurance Companies                      Steve Kinslow
President, CEO // GSDM IdeaCity                                                President/CEO // Austin Community
                                       Steve Leslie                             College
VICE CHAIR MEMBERSHIP                  Executive Vice President  Provost //
Leslie Pchola                          The University of Texas at Austin        Ron Meredeith
General Manager // Hilton Austin
22




BOARD OF DIRECTORS (CONTINUED)
Carl Mica                               TERMS EXPIRING                            Adam Hauser
Director of Business Relations //       DECEMBER 31, 2013                         Managing Partner // Brown McCarroll,
The University of Texas System                                                    LLP
                                        Mark Clayton
Leslie Pchola                           Senior Vice President // St. David’s      John Holmes
General Manager // Hilton Austin        HealthCare                                Vice President, Legal // Freescale
                                                                                  Semiconductor
Jeff Thomas                             Nancy Ebe
Senior Vice President/General Manager   Founder // Ebe  Associates, PC           Bill Jones
Texas Region // H-E-B                                                             Owner // The Jones Firm
                                        Karen Friese
Dave Tripoli                            President // K Friese  Associates        Dave Martin
Operating Partner // Truluck’s                                                    Vice President  CFO //Dimensional
Restaurant Group                        Tom Griebel                               Fund Advisors
                                        Vice President Corporate Development //
Ashok Vadgama                           Pape-Dawson Engineers, Inc.               Shane Menking
President // CAM-I                                                                President  CFO // Data Foundry Inc.
                                        Mark Harris
Doug Waite                              Vice President Operations and             Terry Mitchell
Senior Vice President  CFO //          Technology – Human Resources // Dell,     President // Momark Development LLC
Seton Family of Hospitals               Inc.
                                                                                  Greg Phillips
                                                                                  President // Texas Gas Service




EXECUTIVE STAFF                                                       FOUNDATION AND
                                                                      CORPORATE PARTNERS
                                                                      Both of which support the Chamber's
Michael W. Rollins, CCE
                                                                      business initiatives for the greater
President  CEO
                                                                      Austin region.
Susan Davenport
SVP, Global Technology Strategies

Jeremy Martin, IOM                                                   2011 FOUNDATION PARTNERS
SVP, Government Relations

Rebecca Martin, IOM
SVP, Marketing Communications

Dave Porter, CEcD
SVP, Economic Development

Jan Riepen
CFO/SVP, Finance
                                                                       2011 CORPORATE PARTNER
Drew Scheberle
SVP, Education  Talent Development

Phyllis Snodgrass, IOM
SVP, Investor Relations
23




CHAIRMAN’S ADVISORY BOARD
360training.com, Inc.                    Google Inc.                                  National OilWell Varco
American Airlines Inc.                   Grant Thornton LLP                           Polycom
Austin Resource Recovery                 HendlerLaw, P.C.                             Protect America
Chaotic Moon Studios                     Hillcrest Bank                               Sam’s Club (4 Locations)
Evernote Corp                            Hospital Housekeeping Systems, LTD           Shaw Group
EZCORP                                   Littlefield Corporation
Golfsmith International, Inc.            Market Awareness



PRESIDENT’S ADVISORY BOARD
Acumen                                   FÖDA Studio                                  Onestar Foundation
Allure Energy                            Franklin Covey                               P. Terry’s Burger Stand - North Lamar
Altera Corporation                       Gensler                                      Paragon Printing  Mailing
Altius Education                         Greater Austin Allergy, Asthma              Paramount and State Theatres
American Party Rental                    Immunology                                   Pedernales Electric Cooperative, Inc.
Austin Immediate Care                    Green Host It                                Performing Arts Programs, Inc.
Austin Resource Center for Independent   Habitat Suites Hotel                         Powell Financial Partners
Living                                   HealthTronics                                Provident Crossings
Austin Restaurant Week                   Henslee Schwartz LLP                         Quality Inn  Suites-Manor
Austin Watch and Jewerly                 Hyatt Place Austin Arboretum                 RedRoc
Avail Design Group                       Idea Public Schools                          Resort Lifestyle Communities
Ayasdi, Inc.                             Image Microsystems, Inc.                     Rooted in Austin
Best Western Inn  Suites                Insurance Network of America - Round         Roya Johnson - Keller Williams Realty
BIOO Scientific                          Rock
                                                                                      Sebesta Blomberg and Associates, Inc.
BJ’s Restaurant  Brewhouse              International Studies Abroad
                                                                                      Sector Supply LC
(2 Locations)                            ITRenew
                                                                                      Security National Mortgage
BridgeOne Global Solutions               Keller Williams Realty Lake Travis - Lauri
                                         McNevin                                      Senior Care Centers at Onion Creek
Brown Hand Center
                                         Kinnarps USA                                 South Texas Money Management
Cartridge World
                                         Kinnser Software                             Strasburger  Price, LLP
Central Texas Rehabilitation Hospital
                                         Lakeline Oaks Adult Living Community         SunPower Corporation
Charlie Bravo Aviation
                                         Leadership Worth Following, LLC              The BlackStone Group
Chesapeake Energy Corporation
                                         LegalZoom                                    The Carlson Law Firm, P.C.
Coal Vines
                                         Link Coworking                               The Retreat at North Bluff
Coats Rose
                                         LNV, Inc.                                    The Society for Financial Awareness
EFIGS Localization- Multicultural                                                     (SOFA)
Business Solutions                       Longhorn Steakhouse
                                                                                      TRAVELHOST Austin Magazine
Electric Transmission Texas, LLC         Malaspina Healthcare Consulting
                                                                                      Turn Up Group
Enfatico                                 Murphy Business and Financial
                                         Corporation                                  Ultra Electronics
Enoch Kever PLLC
                                         NoackLittle Architecture  Interiors         Vu Telepresence
ETS-Lindgren (EMC Test Systems)
                                         Noble Insurance                              Waggener Edstrom
Express Employment Professionals
                                         Northwestern Mutual Financial Network        Westminster Manor
Express Employment Professionals -
(South)                                  Nothing Bundt Cakes                          Whale Shark Media, Inc.
austinchamber.com
535 EAST 5TH STREET
AUSTIN, TEXAS 78701
    512.478.9383

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2011 Annual Report Chamber

  • 2. to our valued 2011 PIVOTAL PARTNERS Pivotal Partners of the Austin Chamber of Commerce support a comprehensive program of work in economic development, education and talent, government relations, regional infrastructure, technology, and small business programming, as well as business attraction, retention and expansion efforts in Central Texas.
  • 3. 2011 TABLE OF CONTENTS ANNUAL REPORT Message from the Chair 3 Membership 4 Marketing 8 Transportation & Infrastructure 10 Talent & Education 12 Economic Development 14 Technology 16 Financials 20 Board of Directors 21 Advisory Board Members 23 Greater Austin Chamber of Commerce | austinchamber.com
  • 5. 3 MESSAGE FROM THE CHAIR The Austin Chamber of Commerce is proud to report that 2011 was one of the most successful in our 135 year history. Our membership is 2,500 strong and growing, and our programming continues to evolve to meet the changing needs of our business community. Cities across the world are carefully looking at Austin to see why it is we are enjoying economic success in our business and industry. It is precisely this growth that has garnered media attention from around the globe in 2011. Publications and outlets – including Forbes, MSNBC, TIME Magazine, CNN, Bloomberg, Reuters , BBC and more – feature the thriving Austin business community. Small and large businesses alike benefit from this attention and its core message: Austin is open for business. Your Chamber is here to support you with a variety of programs, services and events that help to shape the community we are all proud to call our home. The professional staff and our volunteer business leaders invest their time on a range of initiatives that impact the business community – from public policy to education to business attraction, to transportation, to technology to small business and more. Thank you for helping the Chamber tell the compelling story of business success in Central Texas. And on behalf of the board of directors, thank you for doing business in Austin. BOBBY JENKINS 2011 Chair Austin Chamber of Commerce
  • 6. 4 An analysis of the Greater Austin Chamber of Commerce’s current membership shows a diverse membership base made up of these primary categories: Number of Annual Dues Members Professional, Scientific, & Technical Svcs 19.2% 481 23.8% $516,342 Finance and Insurance 14.4% 361 13.1% $285,240 Other Services 9.8% 247 5.0% $107,675 Accommodation & Food Services 8.3% 209 7.5% $162,937 Real Estate, Rental and Leasing 8.0% 200 6.0% $131,037 Health Care, Social Assistance 6.9% 172 8.5% $184,907 Construction 5.3% 132 5.7% $124,047 Retail 4.7% 117 5.2% $112,305 Educational Services 3.7% 92 2.9% $62,521 Manufacturing 3.2% 81 8.5% $184,636 All Others 16.6% 416 13.8% $300,211 TOTAL as of DEC. 21, 2011 100% 2,508 100% $2,171,856 Average number of Full Time Equivalents per member: 94.44 Average dues per member: $866
  • 7. 5 CHAMBER MEMBERSHIP In 2011, the Austin Chamber of Commerce worked to make a positive impact on Austin’s regional economy by supporting the growth and prosperity of its members. As one of the largest chambers of commerce in Texas, Austin welcomed 610 businesses as new members last year. Our member retention rate is positive – 79% of membership dues were retained in 2011. In 2011, the Chamber kicked off a number of exciting new initiatives within its Membership Division. The Chamber has created a Small Business Advisory Council to lead the Small Business efforts for the organization. In addition, the Chamber has partnered with Texas State’s Small Business Development Center to provide free, on-site business counseling services for our members. The Chamber has embarked on a sales training program for its membership sales staff to ensure a professional sales experience for new members. The Chamber also has engaged the services of a Membership Retention specialist to improve its member retention strategies. Cedar Park $5K-$10K 1% All Others* .8% > $10K 8.4% .8% Round Rock $3.5K-$5K 1% 2.8% $1.5K-$3.5K 38.2% < $499 Austin 51.9% 87.8% $500-$1,500 38.2% ANNUAL DUES BY CITY *(includes Georgetown, Pflugerville, Lakeway, San Antonio, San Marcos, Buda)
  • 8. 6 2011 VOLUNTEERS OF THE YEAR Michael Laing, Wells Fargo; Rob Hutton, Lennar; Mark Curry, Wells Fargo; David Reiter, Luminex Corporation; Tracey Nelson, Maven Marketing Solutions; Joe Cantalupo, Parsons Brinckerhoff; Ray Wolf, Green Integrated Services; John Price, Vast.com 2011 AUSTINITES OF THE YEAR Nick Barbaro, publisher and co-founder of the Austin Chronicle; Roland Swenson, co-founder and current managing director of SXSW; Hugh Forrest, Director of SXSW Interactive; and Louis Black, co-founder of SXSW and editor of the Austin Chronicle. GLOBAL CONNECTIONS WITH THE CHAMBER The Chamber led its first group trip to China in 2011 as part of a new international travel program.
  • 9. 7 PROGRAMS EVENTS The Chamber offers a range of programs, member benefits, advertising opportunities and advocacy initiatives to provide value to our business community. Throughout the year, 254 members were engaged in the work of the Chamber through Area Business Councils. In 2011, the Chamber produced over 100 meetings and events with over 10,000 attendees, including: • C hamber 2011 Annual Meeting: This sold-out event honored our 2010 Chamber Volunteers of the Year, and the 2010 Austinite of the Year, Lance Armstrong. • C EO Peer Advisory Groups: This program was created for C-level executives to provide members with access to their own confidential board of advisors who gather monthly to exchange best practices, past experiences, thoughts, ideas and overall general guidance regarding growth, health and overall success in their business. • B usiness by Referrals: This popular six-part educational series teaches members to identify top referral contacts and provides participants with a proven system to maintain and build upon this list. • C hairman’s and President’s Advisory Boards: A series of networking receptions and special events were held throughout the year, exclusively for members investing at the Chairman’s and President’s levels. • G reater Austin Business Awards: The Chamber’s annual awards dinner attracted over 1,000 attendees and recognized the best of Austin businesses of all sizes.
  • 10. 8 CHAMBER PUBLICATIONS In 2011, the Chamber developed new collateral for its members, including All About Austin, A Job Seekers Guide to Austin and updated industry directories. In partnership with Texas Monthly, the Chamber produced the Greater Austin Newcomer’s Guide and the Central Texas Economic Development Guide. THE VOICE OF BUSINESS BRANDED ADVERTISING CAMPAIGN Working with our media partners, the Chamber built a branded advertising campaign, “The Voice of Business,” with rotation on television, radio, print and web. The campaign was designed to speak to audiences within each of the division lines, with a focus on small business--- 85% of the Austin Chamber membership.
  • 11. 9 MARKETING COMMUNICATIONS SHARING AUSTIN’S STORY WITH THE WORLD As part of our media strategy, more than 430 unique articles on Austin businesses were seen in publications including the New York Times, Wall Street Journal, Time Magazine, Forbes, Bloomberg, Information Management, The Economist and more. 5% 3% 96.8% Mentions by Topic 23% 435 5% Year-over- Year Economic Development 10% Increase Technology Education 221 Jobs April-December Entrepreneurial 16% Clean Energy/Tech 21% Municipal Issues BioSciences 17% 2010 2011 WEB INTERACTIVE The Austin Chamber completely revamped its website in 2011 to better reflect the organization’s program of work as well as the initiatives of the business community. Based on year-over-year metrics, the site’s bounce rate decreased 28%, pages per visit increased 100%, and average time on the site increased ORGANIZATIONAL OUTREACH by 113%. From an awareness standpoint: visits In 2011, open rates on the Chamber’s increased 423%, and organic search visits have e-marketing for programs and other increased 357%. outreach increased from from 8% to 21%. The revamped FOCUS newsletter, Year-end 2011 metrics show a higher level of previously averaging an 8% open rate, monthly visitors sustained and growing: 67% increased to a 16% open rate. new visitors, 32% returning, with average pages visited at 2.74 per session AVERAGE OPEN RATES (compared to national industry averages) The Chamber’s Facebook account saw 21.3% Austin Chamber an increase of 17% in new likes with a 20.6% Associations 246% increase in post interaction, and 21.7% NonProfits Twitter followers doubled between April 16.5% Business Services and December, from 3,021 to 6,069.
  • 12. 10 2011 TRANSPORTATION ACCOMPLISHMENTS Newly opened facilities • Ben White at IH 35 interchange • SH 130 at Cameron Road ramps providing access to Austin Executive Airport Facilities under construction • 183A Phase II to open April 2012 • Manor Expressway (US 290 E to SH 130); Phase I expected to open in late 2012 • Loop 1 at US 290 W interchange to open in 2012 • Ben White overpass bridge at Riverside to open in 2014 Projects proceeding on time • Mopac Phase I express lanes (Parmer to Cesar Chavez) to open in 2016 • Y at Oak Hill interim improvements; Phase I expected to open in 2013 • SH 71 E at FM 973 interim improvements; expected completion in 2013 • First Capital Metro Rapid line expected to open in late 2013 Projects moving forward with environmental study underway • SH 45 SW with study performed by TxDOT • US 183 S with study performed by CTRMA
  • 13. 11 PUBLIC POLICY TRANSPORTATION AND INFRASTRUCTURE Transportation and infrastructure remain top priorities for Central Texas, and the Chamber continues to be a leading advocate for improving regional mobility. In 2011, Chamber board members were appointed to lead key initiatives, including Senator Watson’s Mobility Improvement Priorities Task Force, the City’s 2012 Bond Election Advisory Task Force, and CAMPO’s Transit Working Group. Chamber leadership also facilitated dialogue to implement solutions for D.C. Visit, May 2011 congested intersections such as 5th and 6th Streets at Lamar The Chamber’s annual and Parmer at Dessau. trip to Washington D.C. strengthens relationships with key leaders in the Another key infrastructure priority is the funding, White House and in federal government agencies to development and construction of a top-tier four-year medical promote issues important school associated with The University of Texas. Chamber to Chamber members; leadership is actively involved with Senator Watson’s working such as transportation, international trade and group on this project, which would enable a substantial technology. expansion of the life sciences business sector in Central Texas and create a broad new avenue of opportunity for private sector jobs. The Chamber supports a comprehensive strategy to plan for future water needs, including conservation, increased use of reclaimed water and construction of a new Water Treatment Plant 4. In 2011, following a report from the City Auditor, elected officials agreed that delaying the project would be too costly, and Water Treatment Plant 4 will now move forward. At the state level, the Texas Water Development InterCity Visit, Sept. 2011 Bonds Amendment (SJR 4) was passed, allowing increased More than 100 delegates traveled to Charlotte, NC funding for statewide water infrastructure. for the Chamber’s eighth annual InterCity Visit to learn from the similarities and visions that the two cities share.
  • 14. 12 K-12 EDUCATION PROGRESS REPORTS The Austin Chamber, in partnership with local y? chambers of commerce, issued progress reports chool for the Austin, Del Valle, Eanes, Hays, Hutto, ace. Lake Travis, Leander, Manor, Pflugerville, Round Rock, and San Marcos ISDs. These reports monitor progress and report out-year school district targets for direct college enrollment, college readiness, high school graduation and TAKS pass rates. FINANCIAL AID SATURDAYS The region’s 2011 Chamber Financial Aid Saturday events helped 2,000 families submit federal financial aid forms. Regional Q1 2011 FAFSA filings have increased 102% since 2006. Class of 2011 financial aid is up $50 million over Class of 2006. “ he Austin Chamber of Commerce quarterbacks the strategic provision of T resources and support and leads sophisticated efforts to hold districts’ feet to the fire with the pioneering report card and a firm commitment to weighing in on political issues and questions of funding.” – “Partnership is a Two-Way Street: What it Takes to Help Drive School Reform,” U.S. Chamber Of Commerce, June 2011
  • 15. 13 EDUCATION TALENT Opportunity Austin’s groundbreaking talent pipeline initiatives are recognized as a national model by the U.S. Chamber of Commerce. As part of the Opportunity Austin initiative, the Chamber and 15 area school districts set a 70% direct-to-college enrollment goal for the Class of 2015, up from 62% for the Class of 2010. • T he region has the most sophisticated regional database (Central Texas Student Futures Project) to track individual high school, employment, military and post-secondary education data records in the United States. • A task force of business and community leaders also produced an Austin Community College (ACC) progress report, detailing ACC’s accomplishments and identifying areas for growth, addressing talent development needs specific to certain industries in Austin. • T he region’s Skillpoint College/Career Expo exposed 13,000 Central Texas high school students to Austin careers and the post-secondary education they require. • A ustin ISD’s college/career readiness rate has increased from 38% to 55% from the Class of 2008 to the Class of 2010. 6th Annual State of Education Tony Befi, Chamber Vice Chair Education/ 6 Ideas That Will Change the World Talent Development; Vice President, IBM
  • 16. 14 #1| BEST BIG CITIES FOR JOBS | Forbes
  • 17. 15 ECONOMIC DEVELOPMENT DIVERSIFICATION The Austin area experienced tremendous economic vitality in 2011, with 51 businesses expanding their offices, industrial production and job force. In addition, 35 new companies chose to relocate their businesses to our region from other parts of the country, an increase from 29 in 2010. This economic development occurred across myriad industries, including key growth industries such as biopharmaceutical, high tech, digital media and clean tech. Strategic recruitment efforts will continue to further diversify Austin’s business portfolio, and secure the region’s national reputation as a center of human capital and innovation. JObS 2011 4,096 RELOCATIONS BY INDUSTRY SECTOR JObS Clean Tech 3 Data Center 2 3,128 Digital Media 6 HQ/Regional Office 1 Medical Device/Bioscience 1 Semiconductor 1 JObS Software 6 547 Wireless 7 Other IT 3 Other 5 TOTAL 35 2009 2010 2011 17 29 35 COMPANIES COMPANIES COMPANIES
  • 18. 16 ECONOMIC IMPACT ON THE AUSTIN MSA OF NEW EXPANDED OPERATIONS JOBS EMPLOYEE TOTAL COMPANY created compensation economic impact indirect/ direct induced total direct indirect/induced total 3Seventy 30 100 130 $2,965,765 $3,974,751 $6,940,516 $15,214,271 58 Phases 20 23 43 1,044,637 976,766 2,021,402 3,333,381 Active Power 40 54 94 4,207,701 2,443,543 6,651,244 12,818,245 Adlucent 30 31 61 1,915,158 1,211,415 3,126,573 5,017,667 The Advisory Board Co. • 239 245 484 15,257,424 9,650,940 24,908,363 39,974,081 Al Frank Asset Management 25 14 39 690,975 555,208 1,246,183 1,995,450 Alpha Omega Wireless • 20 39 59 1,179,376 1,624,825 2,804,202 7,429,085 Altera Corp. • 200 244 444 15,371,814 9,842,796 25,214,611 38,458,909 ArthroCare Corp. 100 186 286 7,951,664 8,864,193 16,815,857 29,575,277 ATT Labs • 350 419 769 20,899,530 16,753,381 37,652,911 57,932,294 Audiotoniq 15 28 43 1,192,750 1,329,629 2,522,378 4,436,291 BAE Systems 200 434 634 21,233,673 20,110,747 41,344,419 66,357,245 BeHome247 10 33 43 988,588 1,324,917 2,313,505 5,071,423 BlackLocus 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Broadway Technology 40 134 174 3,954,353 5,299,667 9,254,020 20,285,693 Catapult Systems 16 18 34 1,273,693 675,495 1,949,188 3,005,892 Cenoplex 10 33 43 988,588 1,324,917 2,313,505 5,071,423 Certain Affinity 12 40 52 1,186,306 1,589,900 2,776,206 6,085,708 Certain Affinity 40 134 174 3,954,353 5,299,667 9,254,020 20,285,693 CFAN 50 36 86 3,072,347 1,556,987 4,629,334 8,034,160 Cirrus Logic 150 183 333 11,528,861 7,382,097 18,910,958 28,844,181 Community Cars 30 49 79 690,966 2,223,890 2,914,856 5,784,065 Complete Energy Systems • 200 578 778 25,254,630 27,468,452 52,723,082 100,879,709 Convio 34 113 147 3,361,200 4,504,717 7,865,918 17,242,840 CSIdentity 15 50 65 1,482,883 1,987,375 3,470,258 7,607,135 Debix 20 9 29 563,872 368,966 932,838 1,419,321 Durcon 65 56 121 3,138,781 2,392,258 5,531,039 10,501,020 eBay/PayPal • 1,000 1,156 2,156 52,231,824 48,838,290 101,070,114 166,669,022 Electronic Arts • 300 1,001 1,301 29,657,651 39,747,505 69,405,156 152,142,708 Emerson Process Management • 125 417 542 12,357,355 16,561,460 28,918,815 63,392,794 ESPN Longhorn Network 75 251 326 3,788,946 9,299,724 13,088,670 28,703,121 Evernote • 250 834 1,084 24,714,709 33,122,920 57,837,629 126,785,589 Fallbrook Technologies • 65 69 134 2,796,674 3,170,550 5,967,225 10,162,369 Fotowatio Renewable Ventures • 10 16 26 1,006,882 646,486 1,653,368 4,786,051 Happy Cog • 20 22 42 1,592,117 844,369 2,436,486 3,757,365 HDI Plastics 75 256 331 6,072,609 11,965,217 18,037,826 34,365,518 HostGator • 500 508 1,008 23,699,171 20,561,041 44,260,213 103,264,704 Bold = New • Projects directly assisted by Austin Chamber
  • 19. 17 JOBS EMPLOYEE TOTAL COMPANY created compensation economic impact indirect/ direct induced total direct indirect/induced total Image Microsystems 180 132 312 $7,035,214 $5,319,324 $12,354,538 $23,663,545 Indeed 30 35 65 1,566,955 1,465,149 3,032,103 5,000,071 Informatica • 175 584 759 17,300,296 23,186,043 40,486,339 88,749,909 Insuraprise 35 43 78 2,449,639 1,797,987 4,247,627 7,051,878 Interspire 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 InteSolv • 25 28 53 1,990,146 1,055,461 3,045,607 4,696,706 James E. Bashaw Co. 15 8 23 414,585 333,125 747,710 1,197,270 KingsIsle Entertainment 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Main Street Hub • 29 29 58 1,690,854 1,126,086 2,816,940 5,309,622 Malauzai Software 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 mindWireless 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Nomadesk 40 134 174 3,954,353 5,299,667 9,254,020 20,285,693 Office Depot • 200 42 242 2,313,445 1,652,012 3,965,456 13,897,213 OwnLocal 15 50 65 1,482,883 1,987,375 3,470,258 7,607,135 Polycom 60 73 133 4,611,544 2,952,839 7,564,383 11,537,673 ProfitFuel 220 225 445 14,044,491 8,883,711 22,928,202 36,796,227 Progressive Insurance 166 312 478 12,963,548 15,020,493 27,984,040 63,085,406 Rackspace Managed Hosting 700 711 1,411 33,178,840 28,785,458 61,964,298 144,570,585 Redbird Flight Simulations 25 54 79 2,654,209 2,513,843 5,168,052 8,294,656 Salsa Labs 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 Samsung 330 954 1,284 41,670,138 45,322,944 86,993,082 166,451,513 SceneTap • 30 100 130 2,965,765 3,974,751 6,940,516 15,214,271 ScienceLogic 14 47 61 1,384,024 1,854,883 3,238,907 7,099,993 ServiceMesh 12 40 52 1,186,306 1,589,900 2,776,206 6,085,708 Solar Power Technologies 15 27 42 1,924,860 1,196,409 3,121,269 4,694,348 Spiceworks 95 317 412 9,391,590 12,586,710 21,978,300 48,178,524 Spredfast 50 167 217 4,942,942 6,624,584 11,567,526 25,357,117 Starmount 130 434 564 12,851,649 17,223,919 30,075,569 65,928,509 Superconductor Technologies • 135 160 295 10,960,981 7,327,529 18,288,510 26,488,755 Terra Pave International 10 39 49 1,221,001 1,688,066 2,909,067 14,849,205 Thermo Fisher Scientific 150 129 279 7,243,342 5,520,595 12,763,937 24,233,124 • (formerly ALC-Collegedale) US Farathane 228 165 393 12,058,594 7,074,653 19,133,247 33,689,527 Volusion • 140 155 295 11,144,816 5,910,582 17,055,398 26,301,551 Whale Shark Media 80 92 172 4,178,546 3,907,063 8,085,610 13,333,523 WindData 130 132 262 6,161,785 5,345,871 11,507,656 26,848,824 Xeris Pharmaceuticals • 10 55 65 851,181 2,715,034 3,566,215 7,636,734 TOTAL 8,035 13,887 21,992 568,850,940 580,585,630 1,149,436,570 $2,262,110,143 Bold = New • Projects directly assisted by Austin Chamber
  • 20. 18 In 2011 the Chamber continued the implementation of the Technology Partnership, created in late 2010 by the Chamber board of directors to provide outreach to the regional technology community. The technology sector includes over 3,900 companies within a five-region area surrounding Austin. In fact, tech companies account for 12% of the region’s total workforce and 25% of the area payroll. Because such a significant percentage of our workforce is engaged in technology, the business retention and expansion work of the Chamber is now aligned under the Technology Partnership. Last year, the Technology Partnership engaged over 100 regional tech executives to provide input and direction to the strategies related to not only business attraction and retention but also company formation. Seven technology special interest groups (SIGs) focused the initiative in the following industry segments: Technology Manufacturing, Clean Technology, Life Science/Healthcare, Mobile, Gaming, Advertising Technology, and Software. Throughout 2011, Austin saw its regional venture capital investments increase by 13% to over $1.1 billion. With 6,000 new technology jobs created, the region experienced the largest year over year increase in the past decade. Of note in 2011 was the launch of the Startup Austin Texas web portal of the Startup America Partnership. Austin was the first region in Texas to participate in this national web initiative. And to increase the visibility of regional technology startups seeking funding, the Chamber also created the Austin A-List, THE AUSTIN A - LIST an easy go-to source for tech startup investors. 25 of the Hottest Startups Greater Austin Chamber of Commerce
  • 21. 19 TECH PARTNERSHIP BUSINESS RETENTION AND EXPANSION Because 80% of new jobs are created TOP BUSINESS ISSUES (ALL INDUSTRIES) by existing businesses, retaining the % of employment % of companies companies that are currently here 1. RECRUITMENT PROBLEMS and fostering their growth is a top strategic priority. Throughout 2011, 50% the Chamber’s Business Retention 81% Expansion team (BRE) worked diligently to engage with Central 2. AIR SERVICE Texas executives and identify the top 50% issues impacting regional businesses. 48% The team visited over a thousand companies, and conducted extensive 3. TRAFFIC surveys with more than 300 of the 27% top regional executives to discover their business needs. 44% TOP BUSINESS ISSUES (BY INDUSTRY SEGMENT) CLEAN TECH IT/WIRELESS NON TECH 1 Traffic Control 1 Recruitment Problems 1 Recruitment Problems 2 Recruitment Problems 2 Available Workforce 2 Adverse Legislation 3 Public Transportation 3 Air Service 3 Public Transportation SEMICONDUCTOR ADVANCED MFG BIO/HEALTHCARE 1 Recruitment Problems 1 Recruitment Problems 1 Adverse Legislation 2 Air Service 2 Public Transportation 2 Recruitment Problems 3 Adverse Legislation 3 Traffic Control 3 Business Climate Negative (Soft-landing issues) EXECUTIVE SURVEYS Total employees represented /// 84,779 More than 100 employees /// 81 (26%) Regional payroll represented /// $6.3 Billion Fewer than 100 employees) /// 225 (74%)
  • 22. 20 AUSTIN CHAMBER OF COMMERCE 2011 FINANCIALS ACTUAL REVENUE: $3.43 million ACTUAL EXPENSES: $3.28 million $266,123 $347,363 $1,215,843 $1,124,624 $1,020,964 $2,041,405 $274,256 $421,444 Membership Dues Government Relations Sponsorship Activities and events Membership Miscellaneous Communications Economic Development Operations OPPORTUNITY AUSTIN 2011 FINANCIALS INVESTOR RELATIONS | $76,837 OPPORTUNITY FUND | $86,941 KEEPING GREATER AUSTIN GREAT | $176,901 BUSINESS RETENTION EXPANSION | $570,621 EDUCATION | $1,265,043 ECONOMIC DIVERSIFICATION | $1,362,373 2011 ACTUAL EXPENSES | $3,538,716
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  • 24. 21 2011 ANNUAL REPORT BOARD OF DIRECTORS CHAIRMAN VICE CHAIR REGIONAL Gary Nauert Bobby Jenkins INFRASTRUCTURE Texas Regional Manager // DPR President // ABC Home Greg Weaver Construction, Inc. Commercial Services Managing Director // Catellus Development Group Darrell Pierce Principal // SNAP Management CHAIRMAN-ELECT VICE CHAIR SMALL BUSINESS Group, Inc. Clarke Heidrick Chairman // Graves, Dougherty, Ron Meredeith David Rodriguez Hearon Moody Partner // Richards Rodriguez VICE CHAIR TECHNOLOGY Skeith, LLP IMMEDIATE PAST-CHAIR Gene Austin Barry Mayer CEO // Convio Jim Snikeris President // Tokyo Electron Vice President // Farmers U.S. Holdings, Inc. LEGAL COUNSEL Insurance Group Scott Lineberry VICE CHAIR ECONOMIC Managing Partner // DuBois, Bill Stotesbery Bryant Campbell, LLP President CEO // KLRU-TV DEVELOPMENT Tim Crowley Sharon Watkins Regional President, Austin Region // MEMBERS AT LARGE Melissa Herkt Owner // Chez Zee American Bistro Frost President/COO PlantWeb Solutions Group // Emerson Process Ellen Wood VICE CHAIR EDUCATION/ Management CEO // vcfo TALENT DEVELOPMENT Tony Befi TERMS EXPIRING Laura Kilcrease Vice President, POWER Systems and DECEMBER 31, 2012 Managing Director // Triton Ventures Storage Program Management // IBM David Anderson Bill Jones Vice President/General Manager // VICE CHAIR FINANCE Owner // The Jones Firm Hardin Construction Company, LLC Steve Knebel Leading Partner // Maxwell, TERMS EXPIRING Debbie Findlay Locke Ritter LLP DECEMBER 31, 2011 Regional Vice President, Finance-West and West Central Regions // Humana, Inc. VICE CHAIR GOVERNMENT Jim DeCosmo President CEO // Forestar Group Inc. Henry Gilmore RELATIONS Craig Enoch Attorney // DuBois Bryant Campbell Patrick Flynn Partner // Enoch Kever President // Flynn Construction, Inc Fred Heldenfels IV President CEO // Heldenfels VICE CHAIR MARKETING AND Phillip Hawkins Enterprises, Inc. COMMUNICATIONS Senior Vice President // State Farm Duff Stewart Insurance Companies Steve Kinslow President, CEO // GSDM IdeaCity President/CEO // Austin Community Steve Leslie College VICE CHAIR MEMBERSHIP Executive Vice President Provost // Leslie Pchola The University of Texas at Austin Ron Meredeith General Manager // Hilton Austin
  • 25. 22 BOARD OF DIRECTORS (CONTINUED) Carl Mica TERMS EXPIRING Adam Hauser Director of Business Relations // DECEMBER 31, 2013 Managing Partner // Brown McCarroll, The University of Texas System LLP Mark Clayton Leslie Pchola Senior Vice President // St. David’s John Holmes General Manager // Hilton Austin HealthCare Vice President, Legal // Freescale Semiconductor Jeff Thomas Nancy Ebe Senior Vice President/General Manager Founder // Ebe Associates, PC Bill Jones Texas Region // H-E-B Owner // The Jones Firm Karen Friese Dave Tripoli President // K Friese Associates Dave Martin Operating Partner // Truluck’s Vice President CFO //Dimensional Restaurant Group Tom Griebel Fund Advisors Vice President Corporate Development // Ashok Vadgama Pape-Dawson Engineers, Inc. Shane Menking President // CAM-I President CFO // Data Foundry Inc. Mark Harris Doug Waite Vice President Operations and Terry Mitchell Senior Vice President CFO // Technology – Human Resources // Dell, President // Momark Development LLC Seton Family of Hospitals Inc. Greg Phillips President // Texas Gas Service EXECUTIVE STAFF FOUNDATION AND CORPORATE PARTNERS Both of which support the Chamber's Michael W. Rollins, CCE business initiatives for the greater President CEO Austin region. Susan Davenport SVP, Global Technology Strategies Jeremy Martin, IOM 2011 FOUNDATION PARTNERS SVP, Government Relations Rebecca Martin, IOM SVP, Marketing Communications Dave Porter, CEcD SVP, Economic Development Jan Riepen CFO/SVP, Finance 2011 CORPORATE PARTNER Drew Scheberle SVP, Education Talent Development Phyllis Snodgrass, IOM SVP, Investor Relations
  • 26. 23 CHAIRMAN’S ADVISORY BOARD 360training.com, Inc. Google Inc. National OilWell Varco American Airlines Inc. Grant Thornton LLP Polycom Austin Resource Recovery HendlerLaw, P.C. Protect America Chaotic Moon Studios Hillcrest Bank Sam’s Club (4 Locations) Evernote Corp Hospital Housekeeping Systems, LTD Shaw Group EZCORP Littlefield Corporation Golfsmith International, Inc. Market Awareness PRESIDENT’S ADVISORY BOARD Acumen FÖDA Studio Onestar Foundation Allure Energy Franklin Covey P. Terry’s Burger Stand - North Lamar Altera Corporation Gensler Paragon Printing Mailing Altius Education Greater Austin Allergy, Asthma Paramount and State Theatres American Party Rental Immunology Pedernales Electric Cooperative, Inc. Austin Immediate Care Green Host It Performing Arts Programs, Inc. Austin Resource Center for Independent Habitat Suites Hotel Powell Financial Partners Living HealthTronics Provident Crossings Austin Restaurant Week Henslee Schwartz LLP Quality Inn Suites-Manor Austin Watch and Jewerly Hyatt Place Austin Arboretum RedRoc Avail Design Group Idea Public Schools Resort Lifestyle Communities Ayasdi, Inc. Image Microsystems, Inc. Rooted in Austin Best Western Inn Suites Insurance Network of America - Round Roya Johnson - Keller Williams Realty BIOO Scientific Rock Sebesta Blomberg and Associates, Inc. BJ’s Restaurant Brewhouse International Studies Abroad Sector Supply LC (2 Locations) ITRenew Security National Mortgage BridgeOne Global Solutions Keller Williams Realty Lake Travis - Lauri McNevin Senior Care Centers at Onion Creek Brown Hand Center Kinnarps USA South Texas Money Management Cartridge World Kinnser Software Strasburger Price, LLP Central Texas Rehabilitation Hospital Lakeline Oaks Adult Living Community SunPower Corporation Charlie Bravo Aviation Leadership Worth Following, LLC The BlackStone Group Chesapeake Energy Corporation LegalZoom The Carlson Law Firm, P.C. Coal Vines Link Coworking The Retreat at North Bluff Coats Rose LNV, Inc. The Society for Financial Awareness EFIGS Localization- Multicultural (SOFA) Business Solutions Longhorn Steakhouse TRAVELHOST Austin Magazine Electric Transmission Texas, LLC Malaspina Healthcare Consulting Turn Up Group Enfatico Murphy Business and Financial Corporation Ultra Electronics Enoch Kever PLLC NoackLittle Architecture Interiors Vu Telepresence ETS-Lindgren (EMC Test Systems) Noble Insurance Waggener Edstrom Express Employment Professionals Northwestern Mutual Financial Network Westminster Manor Express Employment Professionals - (South) Nothing Bundt Cakes Whale Shark Media, Inc.
  • 28. 535 EAST 5TH STREET AUSTIN, TEXAS 78701 512.478.9383