Fort Myers Regional Partnership Continues Successful $25 Million Incentive Program to Attract High-Paying Jobs

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The Fort Myers Regional Partnership, Lee County’s Economic Development Office, is launching the “Together for Business” campaign into its sophomore phase building on the success of the following companies in 2010.

The Fort Myers Regional Partnership, Lee County’s Economic Development Office, works to attract new and diversified businesses resulting in high-wage, high-skilled jobs; retains and encourages the expansion of existing businesses and improves the overall business environment.    The “Together for Business” campaign launches into its sophomore phase building on the success of the following companies in 2010.

TZ Insurance Moves In
The county approved financial incentives for TZ Insurance Solutions LLC (TZ Insurance) to locate in Lee County. TZ Insurance plans to create at least 125 full-time jobs with salaries in excess of 140 percent of the Lee County average wage. The economic impact in the county for this project could exceed $10 million over the next three years.

"The transition and expansion to the Fort Myers area (from Fort Lee, NJ) has been flawless and we are ahead of schedule in terms of office operations, hiring and training," said Anthony Solazzo, Senior Vice President. "We credit the timeline to the genuine community support, the professional leadership of the Economic Development Office and business community, and the strength of the well-qualified workforce candidates."

Tigris Pharmaceuticals Finalizes Financing
This privately held biopharmaceutical development company based in Lee County recently completed a private placement of Series C Convertible Preferred Stock resulting in gross proceeds of approximately $6.5 million. The financing, which was led by Neil Flanzraich, also included current investors Wexford Spectrum Investors, LLC, Sonostar Capital Partners, LLC and other institutional and individual investors.

From its corporate headquarters in Bonita Springs, Tigris Pharmaceuticals has established strategic relationships with top cancer research and operational centers of excellence. The company has expertise in developing breakthrough products and technologies pre-clinical, early- and late-stage clinical development.

CallMiner Receives Investment
Following a $4-million private investment, CallMiner, a leader in speech analytics, received a $3-million investment from The Florida Growth Fund, a $250-million fund created by the state legislature to encourage job growth.

According to Greg Baty, Vice President for Hamilton Lane, the company that manages The Florida Growth Fund, "We think now is a good time to invest. They are a very promising technology company that is growing here…and it is an important part of the community in the Fort Myers area."

Founded in 2002, CallMiner has 32 employees at its Fort Myers headquarters and plans to add 35-40 more over the next five years. The new jobs will pay an average of more than $70,000 a year. The company is looking to hire in the areas of product development and engineering, sales, marketing and technical support.

About Fort Myers Regional Partnership
Lee County is a thriving business community with a highly regarded airport, significant corporate development and ample real estate opportunities. The area is attracting, retaining and growing high-value businesses with a unique blend of an outstanding business climate and superior quality of life. The county is home to five vibrant cities--Fort Myers, Bonita Springs, Cape Coral, Fort Myers Beach, and Sanibel--and is the heart of Southwest Florida.

The Partnership continues to promote and build the region through ongoing efforts from its proactive team of domestic and international recruiters, research staff and community liaisons, as well as through its partnerships with the Horizon Foundation, the Horizon Council and the Lee County Industrial Development Authority. The county is also actively promoting its incentive programs including the Lee County Job Opportunity Program and the FIRST Initiative program which currently offers $25 Million in business location or expansion incentives.
For more information, visit http://www.25MillionReasons.com.            

Media Contact: Jennifer Berg, Marketing and Communications Director, Fort Myers Regional Partnership, Lee County’s Economic Development Office at (239) 338-3161.

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