Page 88 - FDI Alliance International Magazine | September 2018 1

GrowiNG our

E C o S yS T E M

The conviction that entrepreneurship creates jobs Jacksboro has recently become home to a company companies, including wind, gas, and oil. Oilfield
and produces economic growth has become deeply whose mission is to train all First Responders how supplies and services actually make up the bulk of
entrenched in the economic development strategies to address a threat on human life, in order to limit the businesses operating in our area for many, many
and programs of Jacksboro and our region. To a casualties of emergency personnel and the citizens years. This organic cluster of energy companies
great extent our policies and programs facilitate and they serve and protect. The Jacksboro Economic makes recruiting companies manufacturing parts
foster venture creation and early venture growth, Development Corporation is currently working with for this industry a must. Small tools for fracking,
increasing an entrepreneurship ecosystem. Evidence two other companies that manufacture products plugs, parts, fishing tools, etc. and all manner of small
of this activity is seen in the start-up encouragement useful in this training facility. This is a win/win for parts for wind turbines are on our radar for potential
programs in Texas. But entrepreneurship-base our existing business, perpetuating growth for them relocation to Jacksboro. This growth ecosystem has
growth doesn’t necessarily require new firms. and new business opportunities for their contractors the potential to also foster logistics facilities for
Instead of only scaling up businesses, we also work and clients. We saw opportunity in an area that was shipping products all over the world.
with existing businesses. We help our businesses not previously represented in our region and worked
We have the available land for construction, the
identify what they need. Then we begin the search diligently to locate them in Jacksboro, creating an
workforce, the schools, a new hospital, a new housing
for those pieces of the puzzle. We focus on an area entirely new ecosystem with growth potential. This
development with infrastructure in place and homes
of comparative advantage and new ways of working entity has both a for-profit arm and a nonprofit,
under construction, an excellent quality of life,
together. We make every effort to link innovation fundraising component to their business plan.
and the desire to work with companies to join our
capacity and entrepreneurial capacity. The initial contacts made with their vendors and
successful ecosystem. Add Jacksboro’s proximity to
contributors have resulted in multiple possibilities
An entrepreneurial ecosystem is the interaction of the metroplex, and you have a winning combination
for new businesses to locate or move here.
all elements that sustain a system in which increasing for growing companies and a growing community.
numbers of companies grow faster. For example, Jacksboro has long been home to a variety of energy

Lynda Pack

Executive Director
Jacksboro Economic Development
Corporation (JEDC)
Location: 1025 State Hwy 59

City: Jacksboro, Texas 76458
Work: (940) 567-3151
Email: lyndapack@jacksboroedc.com
JACKSBORO BUSINESS PARK

88 FDI ALLIANCE | SEPTEMBER ISSUE 2018