Manufacturer’s Roundtable Thursday, June 3, 2010
Who We Are • Board of 31: 22 from private sector • Staff of 5: business development, workforce development, communications • 175+ investors • Budget of $800,000 + annually
Understanding Our Market • 70+% of growth is through existing industry: Better know your backyard • Synchronist Existing Industry Program – Program we’ve used for more than a decade – State has implemented the program in the last few years – Pleasure working with Jeff on this program for our region
Consultative Approach To Economic Development • Understand our clients, targets and areas of expertise such that we are viewed as providing consultative services • Sales are driven because of this expertise – Nolte – Business Development (wind), MPP – Williamson – HR Professional – Hanson – Communications, Social Media Professional, MBA – Jelinek – Certified Office and Finance Professional
Developing The Product Not Just About Sales
• Research – Wind – Computer Simulation/Modeling & Gaming – Workforce Development
• Policy and Programming – Career Readiness Certificate – Shovel Ready Sites Program – Existing Industry Programming – Loan Participation Fund
www.iowacitywind.com
Iowa’s first Shovel-Ready Sites Program, including the Wind Energy Supply Chain Campus
www.icadgroup.com
www.tech-corridor.com
Measuring Results • Goals/Metrics – Control – Our core work – Impact – Projects, Jobs, Capital Investment – Influence – Broader metrics, policy, partners
• Evaluate Ourselves On an Annual Basis – Investors – Board – Clients – Partners
Regional Vision • ICAD leadership met five times from November 2009 – April 2010 to develop regional and organization visions to aid in our strategic planning process • Have shared that vision with Technology Corridor Committee and Corridor Business Alliance members
Strong Partnership with P1 • Recent project with Whirlpool • Upgrade of Technology Corridor Web Site • Numerous Workforce Development Programs (NCRC, Laborsheds, etc.) • Wind Energy Recruitment – Trade Shows • Plan of Work as Outlined in Technology Corridor Committee Agreement • Work with the CBA
Thank You Q&A