Goals
Every day, around the world, a business is choosing a place to locate. To attract new businesses and maintain a thriving economy, East Tennessee must act now – because the world won’t wait.
To implement the six program areas of the Innovation Valley Inc. Strategic Blueprint, it will take $3.2 million each year for a total of $16 million over the five-year period. These specific goals have been established to measure the success of Innovation Valley Inc. over the next five years:
- Create 30,000 new jobs.
- Increase the number of existing business jobs by 19,000.
- Create $3.125 billion in new and expansion project capital investment.
- Increase per capita income to $45,000.
- Increase high school graduation rate by 20 percent.
Innovation Valley Inc. intends to foster growth for communities in our region and those who do business here. Investing in Innovation Valley Inc. means investing in the future of this region.
Programs
Attracting business investment to Innovation Valley – and keeping it here – means focusing on six strategic program areas:
- Education and Workforce Development
- Technology and Entrepreneurship
- Global Marketing
- Business Retention and Expansion
- Public Policy
- Resources for Living
These program areas are part of a comprehensive, five-year economic development Strategic Blueprint to lead Innovation Valley into the future.
About Us
Innovation Valley Inc. is an investor-directed program dedicated to recruiting, retaining and expanding business throughout the Innovation Valley region. Streamlined to focus on technology-led economic development, entrepreneurship, education and workforce development, Innovation Valley Inc. is an unprecedented collaboration of economic development organizations.
Six partner organizations working as one team:
- Blount County Chamber of Commerce
- Knoxville Chamber
- Loudon County Economic Development Agency
- Oak Ridge Economic Partnership
- The Roane Alliance
- Tellico Reservoir Development Agency
Innovation Valley Inc. Board Members
Dr. Thomas E. Mason
UT-Battelle LLC
Kevin Clayton
Clayton Homes Inc.
James A. Haslam III
Pilot Travel Centers LLC
Randy Boyd
Radio Systems Corporation
Mark Cate
Lawler-Wood LLC
Bruce Hartmann
Knoxville News Sentinel
Mark Isom
Premiere Building Maintenance Corp.
Regina B. Murray
Murray Holdings
Mintha Roach
Knoxville Utilities Board
Mike Ross
Rarity Communities Inc.
Wes Stowers
Stowers Machinery Corporation
Innovation Valley, Inc.
17 Market Square, #201
Knoxville, TN 37902








