Download - Independent Economic Development Task Force
Independent Economic Development Task
ForceMeeting #9
October 16, 2013
K. Gleasman
Agenda• Review and approve meeting notes from Mtg #8
• Product Development Approach – Don Surrette
• Status agency discussions (progress since 10/2/13) – all
• Status – discussion with Joe Wilbanks re: business research – D. Watkins
• Targeted completion date question
• Other topics from task force
• Public Comment – Process + Summarized Input
• Adjourn
10/9/2013 2
Review and approve meeting notes from Mtg #8
10/9/2013 3
Transylvania CountyIndependent Economic Development Task Force
10/9/2013 Meeting #8 Members Present: Bradford Gleasman Harris Higgins Neumann Watkins WhitmireMembers Absent: Bradford Gleasman Harris Higgins Neumann Watkins WhitmireOthers Present: Various members of publicRecording Secretary: Karen GleasmanITEM DISCUSSION BEYOND SLIDE DECK ACTION Review and approve Mtg Notes 7 Approved Status Agency Discussions Chamber - working on questions Partnership - working on questions EDAB - needed addn'l copy of questions HOB - on task, new director here TDA on task OP&ED - on task Brevard - on task Rosman - on task All input will be sent to all team members Karen to send input from F. Porter, ChamberSummary Slides Definition of Econ Dev Still looks good Decision Critieria Need to add business ambassador role to smooth way for permitting, regs UDO took all existing ordinances put into one document Decision makers are commissioners + agencies New org construct must be compelling, better than current Must align expectations with realistic results How to get input from businesses this EDO serves D. Watkins contact J. Wilbanks for business research as to barriers/ops to start here Targeted Industries Add: continuing care, medical care recovery Add: NOT inconsistent with quality of place Targeted company profile Add: potential for above ave pay Add: good track record of or potential for successDiscussion with EON Chair Team agrees good resource for deeper research D. Watkins contact J. Wilbanks for research re: factors leading to success in rural NC countiesCalendar other topics 10/23/13 discussion by owners of businesses here & in HC 10/16/13 Don Surrette to discuss approach of Prod Dev team
Other topics from task force members
PharmAgra - starting non profit research institute to be located at
Brevard College New process for public comment One email chain received expressing displeasure with new process Email account open: [email protected] Adjourn
Product Development Approach
Don Surrette, Chair
10/9/2013 4
Status for agency discussionsOn average in less than 5 minutes per; focus on progress since 10/9/13….oAny issues?oOther progress relative to these discussions
10/9/2013 5
Summary of discussion with EON Chair• EON: Economic Opportunity Network
(Formerly Senior Resource Network)
• Chaired by Joe Wilbanks• D. Watkins approached Joe about:•Surveying businesses about experience with TC permitting, regulations, ease of use•Researching factors leading to successful rural counties in NC
10/9/2013 6
Targeted completion date question
To us from Mr. Artie Wilson: TC Manager
•Thanks to you and the members of the Independent Economic Development Task Force for all the time you have spent so far on addressing the issue of economic development in our community. I have been asked if you and the Task force have discussed a tentative date of when you will have a full report to the Board of Commissioners. If so, could you share that date with me so we can tentatively plan for next year on a date for a workshop to hear and discuss your recommendations?
10/9/2013 7
Targeted completion date – for upgrade• Oct 23, 2013: propose process to analyze agency data• Oct 30, 2013: finalize process to analyze agency data• October 31, 2013: most all agency input received• November, December (with holidays): analyze data• Jan – mid Feb: propose/evaluate organization construct alternatives• Feb 12 – finalize org construct • March: Mission/vision for new EDO• April/May – Select targeted industries, develop initial marketing plan• June 11 – Final report prepared
10/9/2013 8
Targeted completion date – after upgrade• Oct 23, 2013: propose process to analyze agency data• Oct 30, 2013: finalize process to analyze agency data (retreats?)• October 31, 2013: most all agency input received• November (with holidays): analyze data• December: propose/evaluate organization construct alternatives• End of January: Intirim report to community – Brand, mission, vision,
brainstormed list of targeted businesses, and EDO construct • Feb 12 – finalize org construct, brand, mission, vision • March – Select targeted businesses, develop initial marketing plan• March – Final report prepared/presented to community and commissioners
10/9/2013 9
Other topics from task force members
10/9/2013 10
Public Comment –process & input
• Please send public comment to:o email address: [email protected] or
• Or provide in writing prior to or after each meeting.• New email will be accessible to all task force members• Karen Gleasman will ensure written comments are passed on to all
task force members
Input received encouraging us to survey businesses about TC process including businesses that chose not to come here
10/9/2013 11
Adjourn
10/9/2013 12
Definition of Economic Development
“Economic development is a process by which a community creates, retains, and reinvests wealth, and improves the quality of life.”
David Dodson, MDC Inc, Chapel Hill, NC
10/9/2013 13
Decision criteria for EDO decision1. Economic development is a process by which a community creates, retains, and reinvests wealth, and
improves the quality of life
2. Covers all seven elements of solid approach to economic developmenta. Recruitment – soliciting companies to come or start here, includes marketingb. Existing Industry Effortc. Small Business Developmentd. Entrepreneurial Developmente. Workforce Development – EDO consolidates needs and facilitates solutionsf. Economic Culture Creationg. New business “ambassador” to smooth way with permitting, regulationsh. Vision/Leadership/Accountability – includes metrics related to mission and funding
3. Anticipated good return on financial investment
4. Great utilization of human capital including terrific volunteer base
5. User friendly – east to access, explain, and understand
6. Active engagement of the whole of the county
7. Clear communication and cooperation amongst parts
10/9/2013 14
Targeted industry brainstormed list 10/9/2013
Goldsmith Industries
Industries Industries Industries Target Company Profile
Nutraceuticals Aerospace industry parts Cut & Sew Medical care recoveryRev range: $50K - $50M
Outdoor Recreation Equipment Composites 3D Printing
Number of employees: 1-150
Food and Beverage
Consider methods of mfg: e.g. precision maching, web based
Environmental industries, e.g. recycled matls -> t-shirts
Retention/expansion of current businesses
Automotive Parts Brevard College BRCCQuality of place is big draw
Sports, Health, and Wellness Bamboo CampsPotential for above average pay
Solo Worker Destination spa Medical equipment
Tourism Destination health club Labs e.g. biomedical
Research lab: e.g. farm/agri Build musical instruments
Food processing, e.g. apples More movies hereArtisanal agriculture, e.g. mustards, Do More bars Music recording studios
Expansion of TVS EventsParts/supplies for existing comp., e.g. cans for OSKAR BLUES Continuing careMore like Everett Farms, Busy Bee
NOT in conflict with quality of place
10/9/2013 15
Roadmap to complete 3 tasks
TASK #1 TASK #3Recommend TC EDO ID Target IndustriesOrg Structure Prelim Marketing Plan
Debate Pros/ConsAlternatives
Develop AlternativeStructures
Study J. Goldsmith Analyze Agency TASK #2EDO Construct Data Develop Mission/Vision
Brand for TC EDOModify J. Goldsmith Develop decisionEDO Approach criteria
Modify TC Assets Review AgencyChallenges Data
Review J. Goldsmith Collect Agency Prep for AgencyReport Data Data Collection
Have brainstormed list of 24 targeted industries
Reviewed and modified:TC AssetsTC ChallengesTargeted companies profileApproach to econ developmentBrandingMarketing
10/9/2013 16
9/11/2013
underway