Triumph team explores economic development support for Franklin and Gulf counties

The Triumph Gulf Coast meeting held on August 27, 2025, focused on addressing economic development challenges faced by smaller counties in Bay County, Florida. The discussions highlighted the need for targeted support to enhance economic growth in counties such as Franklin, Gulf, and Wakulla, which have struggled to secure adequate funding and resources.

The meeting began with a recognition of the disparities in funding among smaller counties, with officials noting that Gulf, Franklin, and Wakulla Counties have not received significant financial support due to their limited budgets and lack of dedicated economic development personnel. A proposal was made to explore the possibility of Triumph funding an Economic Development Corporation (EDC) director for these counties to help them better market their regions and attract investment.

Participants emphasized the importance of tailored approaches for each county, acknowledging that their needs and capacities differ significantly. Franklin County, in particular, was noted for its ongoing struggles, despite being heavily impacted by the oil spill. The conversation included the potential for legislative support to improve infrastructure, such as water and sewer systems, which are crucial for attracting industry.

The meeting also touched on the importance of collaboration with local governments and economic development teams. Officials expressed optimism about recent engagement from Franklin County and the potential for future partnerships to enhance economic opportunities.

Additionally, the use of artificial intelligence (AI) for compliance and administrative tasks was discussed as a means to streamline processes and reduce the burden on staff. The meeting concluded with a commitment to continue exploring ways to support smaller counties and enhance their economic development efforts.

Overall, the meeting underscored the ongoing challenges faced by smaller counties in Bay County and the need for strategic interventions to foster economic growth and resilience in the region.