FALLS COAST — For the Fresno County Economic Summit, a $100-million summits in a single day will mean more than the usual $100,000 to $150,000 that would have gone toward the event in previous years.
But it will also mean the Fresno Chamber of Commerce is going to get a little more than $200,000.
And that’s because the Fresno Economic Summit and its sponsor, the Fresno Regional Chamber of Business, are moving into a larger, more exclusive venue that will be more than 50,000 square feet.
It will be the third time that the Chamber of Commercial Affairs has held the summit in Fresno since 2014.
The Chamber of Economic Affairs has hosted the Fresno summit five times in the past three years and plans to have the Fresno Business Development Council, the Chamber’s main fundraising arm, bring in another $500,000 in 2018.
The economic summit is the first of its kind in the country, and it will be held in a space reserved for only the Chamber.
That means that the chamber will not be able to bring in outside donations, and the economic summit’s official budget, a document that sets the financials of the event, will not go into effect until it is signed off on by the chamber and the business council.
Fresno Business Development Director and Chamber of Industrial Commerce President Kevin Smith said the Chamber will have to raise an additional $200 million in 2018 and 2019 to cover costs related to the economic meeting.
“The economic event has become the catalyst for economic development and development of the Fresno region,” Smith said.
“The Chamber and the Fresno business community have worked together for many years to make Fresno a strong and vibrant place to work and live.
We look forward to supporting the economic development of our region and the Chamber.”
While the economic event will be a limited capacity event, it is likely to attract more than 2,000 attendees.
Smith said that the economic forum will include events for local businesses, such as a food truck festival and a farmers market, and they will be led by Chamber of Industry and Chamber Development Director Jim Hall.
The Fresno Business Council will also be hosting an event on Friday at the Fresno Convention Center.
Smith noted that the council will have more than 300 members, and there will be events throughout the week to support business development.
The chamber is working with the city of Fresno to secure a venue for the economic summit, which is expected to be held from Dec. 14-19.
“It’s going to be a very, very big event,” Smith added.
“It’s a very large event.
We’re hoping to do some big events in our own backyard.”
The Fresno Chamber, which has held several other economic summes since 2014, has been in the spotlight this year as its annual convention draws more than 6,000 business owners, entrepreneurs and their families to Fresno.
The Fresno Chamber’s annual conference, which takes place on Dec. 19-20, is the largest gathering of the business community in the state.FREMONT, Calif.
— Fresno’s economic and economic development committee approved a new business development agreement for the Fresno Area Chamber of International Business on Thursday, agreeing to a three-year lease for the former headquarters of the city’s business development council.
The agreement, which also includes a $250,000 investment in the Chamber, will make the chamber one of the largest private corporations in the region, and its members will receive a 10 percent stake in the business development and lobbying efforts.FEMA, which announced the lease agreement on Thursday afternoon, will operate the chamber in a “highly efficient” facility that will offer an economic opportunity for Fresno residents, business owners and entrepreneurs.
The lease agreement with the Fresno City Council, which oversees the Chamber and operates the chamber’s downtown Fresno Convention Centre, comes after months of negotiations and includes a series of financial provisions that have allowed the chamber to maintain its economic growth.
Finance committee Chairman Steve Ferenczi said the agreement with Fresno City includes provisions to help the chamber grow and grow in the coming years.
He said the lease will allow the chamber a more stable financial structure and allow it to operate with greater flexibility.
Ferenczy said the financial agreement was not the only reason the chamber had to be on the verge of a lease with the City Council.
“We were looking for a location that we can operate in a relatively small footprint,” Ferendz said.
The two sides also agreed on a “multi-year strategic lease,” which is a deal in which the city will lease the chamber space to the chamber.
The lease also includes provisions for the chamber itself to expand its footprint in the city, and for it to use the City’s convention center and convention space for its events.FERENCE, Calif., � Fresno�s economic and business development committee voted Thursday afternoon to approve a new lease agreement for its former headquarters at the downtown convention center.
The agreement, including