PALM BEACH COUNTY – HBK CPAs & Consultants (HBK) announced a collaboration with the Business Development Board (BDB) of Palm Beach County, Florida to help stimulate economic growth in that region.
In collaboration with city, county, and state partners, the Business Development Board (BDB) works to leverage the County’s extraordinary assets by promoting the expansion of existing businesses and attracting new ones to the area. The BDB also receives support from hundreds of local companies, such as HBK, that invest in Palm Beach County’s economy through the BDB’s economic development efforts because they all have one powerful shared vision of the future. These combined efforts contribute to the prosperity of the county by providing quality jobs, fostering economic growth and delivering a vibrant community that is a premier business and tourist destination.
The power of partnerships in Palm Beach County is strong and aids the BDB’s mission of attracting and retaining jobs and businesses in the county. The BDB reports that the effect is solid infrastructure, a top-notch workforce, and a higher quality of life for citizens of the region. The joint efforts also help with 20 industry-specific task forces, 30 events, and dozens of initiatives that are facilitated each year to bring academic and business leaders together.
The BDB explains that, within the past five years, the organization has assisted companies that have created more than 12,822 direct jobs with average salaries greater than $69,062, resulting in more than $777 million in capital investment to Palm Beach County and an economic impact that exceeds $6.87 billion. This is a compelling factor in HBK’s participation in BDB initiatives.
“The efforts of the BDB continue to pay dividends for the business community and the region at large. We are proud to stand with partners that provide such an impact,” said Michael Kohner, Principal-in-Charge of the Palm Beach County office of HBK.
Kelly Smallridge, President and CEO of the Business Development Board said, "Our private business investors recognize that a vibrant economy benefits the residents and businesses in Palm Beach County, providing increased tax revenues, good quality jobs, and creating new economic activity with long-lasting prosperity for all."