TVA Site Selection Tool Named Finalist in International Competition
April 18, 2006
NASHVILLE, Tenn. – The Stockholm Challenge judges recently selected TVAsites.com as an international finalist for economic development technology advancement.
The Stockholm Challenge is a global awards program that recognizes outstanding achievements in the field of information communications technology, focusing on projects that improve living conditions and promote economic growth.
TVAsites.com is TVA’s comprehensive GIS-application, web-based data base site selection tool that simplifies the process for companies looking for property or buildings to locate or expand in the 80,000 square mile Tennessee Valley region. The tool provides site, demographic and business intelligence information to support business and industry development and expansion decisions.
TVAsites.com is one of 151 world-wide finalists from a field of more than 1,100 projects registered in six categories -- telemedicine, education, public administration, environment, and culture and economic development. Winners for the award will be announced May 11.
“Using technology tools such as TVAsites.com streamlines the process for corporate decision makers and site selection professionals to locate and expand their companies in the Tennessee Valley,” said TVA Senior Vice President of Economic Development John Bradley. “TVA developed TVAsites.com as a comprehensive business development resource to save clients time and money while they select the optimal property or building for their business.”
TVAsites.com was recently recognized as a finalist for a CoreNet Global Leadership and Innovation Award. More information about economic development in the Tennessee Valley is available at www.TVAed.com and.www.TVAsites.com.
TVA Economic Development helps make the Tennessee Valley a better place to live and work by partnering with distributor customers of TVA power, regional entities, state agencies and local communities to recruit new industries and expand existing businesses. In fiscal year 2005, TVA’s economic development efforts helped attract or retain 57,000 Valley jobs and generate more than $3.6 billion in capital investment. Economic development is a major part of TVA’s core mission.
TVA is the nation’s largest public power provider and is completely selffinancing with revenues of $7.8 billion in 2005. TVA provides power to large industries and 158 power distributors that serve approximately 8.6 million consumers in seven southeastern states. TVA also manages the Tennessee River and its tributaries to provide multiple benefits, including flood damage reduction, navigation, water quality and recreation.
Media Contact
Amy Tate, Tupelo, (662) 690-3403
TVA News Bureau, Knoxville, (865) 632-6000
