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Mr. Bob WhelenChairman of the Board

Mr. Paul HansonChairman Elect

Mr. Mark MikolajczykSecretary

Mr. Bill CunninghamImmediate Past Chairman

Ms. Debbie GoodeTreasurer

Ms. Lynda Weatherman President & CEO

FY2010-2011 Officers

2* Denotes Executive Committee Member

Mr. James A. Adam City of Rockledge

Mr. Wade S. Alliance* PNC Bank

Mr. Aaron Anderson CIA Developers

Mr. Jay Anderson Merrill Lynch/ Bank of America

Ms. Gwendolyn Anello Anello Consulting

Mr. Chris Ashley Clear Channel Outdoor

Mr. Jim Barfield Luke & Associates

Mr. Tom Biddix* Associated Telecommunications Management Services, LLC (ATMS)

Mr. Barney T. Bishop Associated Industries of Florida

Mr. Gary Borgman Pirtek Space Coast

Ms. Julie Braga Residence Inn by Marriott

Dr. Clifford R. Bragdon Florida Institute of Technology

Ms. Linda S. Brandt Brandt Ronat & Company

Mr. Ron Cobb* At-Large Representatives

Mr. Wayne Cooper Representing Commissioner Anderson

Mr. Erik Costin W & J Construction

Mr. Dale Coxwell Coastal Steel, Inc.

Ms. Carol Craig Craig Technologies

Ms. Joanne Creech Innovative Health Applications, LLC

Mr. Bill Cunningham* BSSC, Inc.

Mr. Brian Curtin, PE* BRPH Companies

Ms. Cindy Dittmer, AICP* City of Melbourne

Dr. James Drake Brevard Community College

Mr. Bill Ellis Health First

Mr. John Ells Representing Commissioner Nelson

Ms. Kathaleen Emery DeVry University

Mr. Richard Ennis, CPFO* Melbourne International Airport

Mr. Dan Evans* At-Large Representatives

Mr. Don Ewers Pratt & Whitney Rocketdyne, Inc.

Dr. Brenda Fettrow* City of Cocoa

Mr. Josh Field* SCB Marketing

Mr. Bill Fillmore Percepta, Inc.

Honorable Robin Fisher* Brevard County Board of County Commissioners

Mr. Barry Forbes Branch Banking and Trust Co.

Ms. Malvina Gasco* The Boeing Company

Mr. George Geletko* Waste Management, Inc.

Mr. Kevin M. Gholston* CVG Strategy, LLC

Ms. Debbie Goode* Hoyman Dobson

Mr. Don Gust All Service Graphics, Inc.

Ms. Claudia F. Haines Dean Mead

Mr. Paul Hanson* Bright House Networks

Mr. Thomas A. Harmer The Pizzuti Companies

Mr. Randall Harris* Government Contracting Resources

Mr. Phil Hayes, MBA, AVA Berman Hopkins Wright & LaHam, CPAs and Associates, LLP

Honorable Mike Hazlett City of West Melbourne

Mr. Pat F. Healy GrayRobinson, P.A.

Mr. William Heiselman* EDC Industry Council

Mr. Bob Herman ATK Launch Systems

Mr. Tom Hermansen Ocean Partners Associates, LTD

Mr. Steve Hobert DRS Optronics, Inc

Ms. Elizabeth Hood MCCO Communications

Mr. A.J. Hutson City of Cocoa Beach

Ms. Bea Jaffee Sorensen Office Solutions

Mr. Bob Jensen SunTrust Bank

Mr. Neal Johnson Space Coast Credit Union

Mr. Stephen L. Johnson The Viera Company

Mr. Franck Kaiser* Melbourne Regional Chamber of East Central Florida

Ms. Tammy Kiser* Titusville Area Chamber of Commerce

Mr. John Koss Hilton Melbourne Rialto Place

Mr. Gary Krueger TLC Engineering for Architecture

Mr. Phil Krull Embraer Executive Aircraft, LLC

Mr. Adrian Laffitte* Lockheed Martin, Space Systems Company

Mr. Brian Lightle At-Large Representatives

Ms. Ann Luke Wells Fargo

Mr. Rick Matthews Northrop Grumman Systems Corporation

Mr. Fred Maxik Lighting Science Group Corporation

Honorable John J. Mazziotti City of Palm Bay

Mr. George Mikitarian* Parrish Medical Center

Mr. Mark Mikolajczyk* FLORIDA TODAY

Mr. William Moore* Kennedy Space Center Visitor Complex

Mr. Tom Niemeyer InDyne, Inc.

Mr. Matt Nye Representing Commissioner Infantini

Mr. Gary Palmer* Comprehensive Health Services

Mr. Steven Patonai Wuesthoff Health System

Ms. Debra Pavlakos TD Bank

Ms. Karen Pearce Henderson Southeast Corporation

Mr. Travis Proctor* At-Large Representatives

Mr. Jim L. Ridenour Courtyard by Marriott

Mr. Jason Rinsky* DRS Technologies

Ms. Colleen Rupp Keiser University

Mr. Gilbert Russell At-Large Representatives

Mr. Jack L. Ryals National Realty of Brevard, Inc.

Ms. Jessica Rye* United Launch Alliance

Mr. Leonard G. Sanderson* Florida Power & Light Co.

Ms. Natalie Sellers, APR At-Large Representatives

Mr. Kyle Smith* EDC Competitive Business Environment Council

Dr. M.J. Soileau* Representing Commissioner Fisher

Ms. Julie K. Song* Florida MEP

Mr. Scott T. Sorensen Sorensen Allied Moving & Storage

Ms. Judy Spencer AT&T Florida

Mr. Eric Stern Rockwell Collins, Inc.

Honorable Frank E. Sullivan Canaveral Port Authority

Ms. Tami Tomlinson* Cocoa Beach Regional Chamber of Commerce

Honorable James H. Tulley City of Titusville

Mr. Frank Walker BAE Systems, Aerospace Solutions

Mr. Chet Wendrzyk, P.E. Atkins; Formerly PBS & J

Mr. Robert G. Whelen* Harris Corporation

Mr. Ken Whittaker Whittaker Cooper Financial Group

Mr. Bill Williams A Cut Above Video Productions, Inc.

Mr. Michael H. Williams* M.H. Williams Construction Group

Mr. Peter D. Woods Meridian Property Group

Ms. Lenita Wright Bowen, Miclett & Britt of Florida, Inc.

Dr. Denise Young University of Central Florida

Mr. Milo M. Zonka, CFP Representing Commissioner Bolin

Ex-Officio Members:

Ms. Kristin Bakke, CAE LEAD Brevard

Dr. Brian T. Binggeli Brevard Public Schools

Mr. R. Mason Blake* Dean Mead

Ms. Alison Bogart United Way of Brevard

Mr. Frank DiBello Space Florida

Capt. James Kuzma NOTU

Ms. Janet Petro NASA

Ms. Lisa Rice Brevard Workforce

Colonel Rory D. Welch 45th Space Wing

FY2010-2011 Board of Directors

3

Embraer’s First and Only U.S. Manufacturing Facility Begins Operations at Melbourne International Airport

Business Development ProjectsMidair USA Announces $28M Facility Coming to Melbourne

Thoughts from Leadership While the economy continued to fluctuate this year, the Economic Development Commission of Florida’s Space Coast continued to produce results. Some paint a cautionary tale of a stagnant economy with no signs of life. We like to think there is still an abundance of opportunity out there; you just have to be more creative in your approach than ever before. It’s no secret that companies aren’t expanding or relocating at the same pace they once were in “boom years,” but movement is most certainly occurring.

The Space Coast has faced some challenging circumstances this past year and the effects will be felt into the upcoming year. However, the Space Coast is a region that faces emergencies and crises head on, and knows what it takes to be successful.

The EDC Coalition, a combination of staff, Board of Directors, Investors and community partners, has converted a significant number of opportunities into reality over the past year. Not only are our efforts measurable in terms of new or retained jobs, we have also been successful in easing business restrictions, strengthening Brevard’s position in the media, securing funding for local infrastructure projects, proactively working alongside legislators as we navigate a monumental transition in the aerospace industry, and providing support to local companies to aid future growth.

National numbers show the exact areas in which our economy has lost steam over the past few years. But, economic development isn’t just about what the numbers say. Our conversations with local industry leaders continue to provide reason for optimism and the companies we speak with across the nation are starting to express interest in relocating again. Signs of life are emerging again in key segments. As we look toward the future, we are confident this renewed confidence in the marketplace will help develop new opportunities for the Space Coast and strengthen our standing in the nation and world.

Bob Whelen Lynda Weatherman Chairman of the Board President & CEO

FY 2010-2011 For FY 2010/2011, EDC efforts resulted in the following successes by the numbers:

866 Announced Jobs

$154.3 Million in Total Economic Impact

$54.2 Million Total Capital Investment

$1.7 Million in Earned Media Coverage

$142,500 in Defense Grants Secured

6 Changed Business Policies

4

Business Development ProjectsBusiness development success serves as the backbone to growing our economy. This year, there were companies that garnered national press for choosing Brevard and some that chose to stay and grow close to home. Regardless of size or location, the impact generated from these announcements will help to propel Brevard’s economy for years to come.

Two of the larger stories this year involved the relocations of AAR Airlift Group and Midair USA, aviation companies who now join the growing cluster of established and emerging companies at Melbourne International Airport. Further strengthening MLB’s corporate footprint, Embraer’s first and only U.S. manufacturing facility reached completion and officially began operations in February 2011, after a highly competitive site location process in 2008.

Brevard-based companies also continued to fuel growth. The EDC facilitated a number of projects this year in which local companies grew in a big way. SolTec Electronics, Executive Wings, Professional Aircraft Accessories and others made headlines along with large announcements from Lockheed Martin and the Air Force Technical Applications Center that preserved hundreds of jobs for our community.

SolTec Electronics Expands in Rockledge

AAR Relocates Airlift Group to Melbourne and Palm Bay

Professional Aircraft Accessories Expands at Space Coast Regional Airport

Lockheed Martin Selects West Melbourne for UAV Project

Groundbreaking for New AFTAC Building at PAFB

$142,500 Secured in State Defense Grants

Executive Wings Expands at Melbourne International Airport

Barn Light Electric Company Expands to Mims

Sanswire Locates to KSC

Florida Economic Development Council Names Lynda Weatherman Professional of the Year

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State and Local AwardsAccolades among industry and community partners are important for our organization. Not so much to shine a light on the award or person itself, but for the opportunity these recognitions provide to gain national attention from site selectors and corporate America.

Awards that will help make the case for business cultivation include Area Development magazine’s recognition of Brevard as of a “2011 Location to Watch,” Florida Economic Development Council’s “Deal of the Year” for AAR’s relocation to the Space Coast and recognition of EDC president & CEO Lynda Weatherman as its “Professional of the Year,” and two “Excellence in Economic Development” awards from the International Economic Development Council.

Locally, the Melbourne Regional Chamber of East Central Florida recognized our team’s work to bring new opportunities to the area with an Impact Award.

Impact Award from Melbourne Regional Chamber of East Central Florida

Area Development Magazine Names Space Coast a 2011 Location to Watch

Florida Economic Development Council Awards Deal of the Year for AAR Relocation

International Economic Development Council Excellence in Economic Development Awards

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Policy Changes As we continue our efforts to expand existing and attract new companies to the Space Coast, it is important to remember success doesn’t happen by chance. There is a lot of continuous work behind the scenes to ensure that the Space Coast is as competitive as possible. A lot of this work focuses on influencing change in public policy and continuously enhancing our pro-business environment. When we launched our current Strategic Plan, we knew that changing policies to be more pro-business would help set us apart from the competition.

For example, the vision, drive, and determination of the EDC’s Development Council has stream-lined an entire system. With tremendous support and assistance from our municipalities, what started as one meeting outlining huge challenges in our permitting process countywide has resulted in what we know now as the EDC’s S.N.A.P.SM program - Simplified, Nimble, Accelerated Permitting. This program has enhanced building and site permitting by streamlining the process throughout the Space Coast and has generated interest not only from other Florida locations, but other states as well.

The EDC was also part of efforts to establish designated areas for business growth including a Titusville Brownfield District and the North Brevard Economic Development Zone.

Streamlined Permitting Through S.N.A.P.SM

Titusville Designates Brownfield Districts

Statute for Economic Emergencies Amendment

Championing Countywide HUBZone designation

North Brevard Economic Development Zone

7

America’s Top CybercitiesTechAmerica Foundation, 2010

Most Concentrated High-Tech Workforce in the U.S.TechAmerica Foundation, 2010

Top Place for Scientists and Engineers to Live and Work in the U.S.Expansion Management Magazine, 2010

Best Family Friendly Vacations, U.S. and CanadaTripAdvisor.com, 2011

Schools on High School Challenge List, Brevard Public SchoolsWashington Post, 2011

in Reading, Math, and Science in Florida, Brevard Public SchoolsFlorida Department of Education, 2011

America’s Most Innovative CitiesForbes, 2010

International Recognition The EDC’s Community of Distinction Council, which is charged with leading the effort to brand the community as a place of innovation, has worked over the past year to capture the right kind of attention for Brevard. These results, often in the form of national or international rankings, lend credibility to our marketing messages and confirm we can compete along-side larger, more well-known cities. One ranking that will help make the case for business cultivation is Area Development magazine’s recognition of the Space Coast as of a “2011 Location to Watch,” based on attraction of significant business investment, job creation, and positive economic outlook.

Our creative approach in securing business attraction and expansion projects, promoting our competitive advantages, and ensuring a pro-business environment contributed to Expansion Management, the Washington Post, Forbes, Trip Advisor, and the Tech America Foundation in recognizing the Space Coast during FY 2011 as a prime location for business and quality of life.

FY 2010-2011FY 2010-2011

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Space Transition Public Relations Strategy Generates International Press

Space Coast Featured in Delta Sky Magazine

Promoting the Space Coast with New Business Development Brochure

Revamp of SpaceCoastEDC.org

EDC and Kennedy Space Center Extend Space Act Agreement for Economic Development

EDC and Space Florida Launch Aerospace Workforce Direct Mail Campaign

Innovative Marketing The Space Coast generated a tremendous amount of media attention this past year with the Shuttle retirement. We seized this opportunity with the Space Transition Public Relations Strategy, which told our own story of a community with the infrastructure, ingenuity and, most importantly, the talent to support the country’s next great initiative. From the Associated Press to the Wall Street Journal, coverage focused on our diverse economy, stellar workforce, and opportunities in commercial space – all messages outlined in the strategy.

Over the year, we focused on the positives through the development of an aerospace workforce direct mail campaign and reaffirming our Space Act Agreement with Kennedy Space Center. Plus, Delta Airlines in-flight Sky magazine selected the Space Coast for its August Community Portrait. With a built-in audience of over 5 million international business and leisure travelers, the 20+ page section outlined Brevard County’s technological advancements in space and beyond as well as an array of local companies, tourism draws and area economic information.

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Ad Valorem Tax Abatement CouncilChair: Mr. Kevin M. Gholston, CVG Strategy, LLC

• Recommended to revise the AVT program’s average wage requirements to align with legislative changes enacted for state financial inducement programs

Community of Distinction CouncilChair: Mr. Josh Field, SCB Marketing

• Exceeded goal of 12 targeted rankings

Competitive Business Environment CouncilChair: Mr. Kyle Smith, Brevard County Manatees

• Identified opportunities for and impediments to business growth

Development CouncilChair: Mr. Michael H. Williams, M.H. Williams Construction Group, Inc.

• Streamlined building and site permitting throughout the Space Coast

• Developed SNAP – Simplified, Nimble, Accelerated Permitting – certification; awarded in FY 2011 to Brevard County, Cocoa, Rockledge, and Palm Bay

Finance CouncilChair: Dr. Brenda Fettrow, City of Cocoa

• Assisted in acquiring a very competitive lease rate on new EDC office location, providing needed space for our growing Executive Committee, Councils, and partner meetings

Governance CouncilChair: Mr. R. Mason Blake, Dean Mead

• Recommend modifications to EDC by-laws as needed

Government Relations CouncilChair: Mr. George Geletko, Waste Management, Inc.

• Hosted industry roundtables for candidates for elected office

Industrial Revenue Bond CouncilChair: Mr. Kevin M. Gholston, CVG Strategy, LLC

• Serving companies that apply for a bond

Industry CouncilChair: Mr. William Heiselman, Harris Corporation

• Developed the Space Coast Manufacturing Capabilities Database as a central hub highlighting companies’ core capabilities, certifications, and unique assets

Resource Development CouncilChair: Mr. Paul Hanson, Bright House Networks

• Exceeded $40,000 goal for Fiscal Year 2011

Space/Aerospace CouncilChair: Mr. Adrian Laffitte, Lockheed Martin – Space Systems Company

• Advocated for space legislation with Florida space delegation and monitored federal space legislation and NASA spending authorizations

Space Coast Defense AllianceChair: Mr. Ron Cobb, DRS Soneticom

• Advocated in Washington for unfunded needs for local military installations

• Instrumental in securing funds for the new Air Force Technical Applications Center (AFTAC) at PAFB

EDC Councils draw on the distinct knowledge and expertise of a coalition of over 200 Investors. These volunteers work to identify community needs, economic impacts, marketing opportunities and also oversee the general structure of EDC operations.

This year, the EDC’s Councils achieved impressive results both in terms of successful community targeted initiatives and reaching or exceeding long-term goals. Highlights from this year include:

FY 2010-2011

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www.SpaceCoastEDC.org

Strategic Plan Goals The EDC enjoyed much success during FY 2010-2011 and is on track to meet its Strategic Plan goals. Highlights from FY 2010-11 include:

• Business development projects resulted in 866 announced new jobs during the fiscal year, with a total of 1,699 announced jobs since the start of the Strategic Plan.

• The EDC successfully completed 6 changed business policies, on track to meet the Strategic Plan goal of 12.

• The Resource Development Council secured $42,500 in new Investor funding, exceeding its $40,000 goal.

• The Community of Distinction Council exceeded its goal of attaining 12 targeted rankings for the Space Coast, including top rankings from Milken Institute, TechAmerica Foundation, Area Development, Expansion Management, and TripAdvisor.com.

• The EDC generated over $1.9M in earned media value, exceeding its goal of $1.25M.

www.SpaceCoastEDC.org

321.638.2000 800.535.0203

597 Haverty Court, Suite 40Rockledge, Florida 32955