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: TCIEDTF@gmail.com 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: TCIEDTF@gmail.com 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