CEBOT's Recompete Pilot Program RFI Response

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Council Exchange Board of Trade (CEBOT)

Building a Nation of Producers

DISTRESSED AREA RECOMPETE PILOT PROGRAM

REQUEST FOR INFORMATION

Economic Development Administration, U.S. Department of Commerce

Document Citation: 88 FR 11406

Author: Karl Cureton, CEBOT CEO

Email:

karl.cureton@cebot.us

The Recompete Pilot Program will invest in distressed communities across the country to create and connect workers to good jobs and support long-term comprehensive economic development. The Recompete Pilot Program specifically targets areas with lower than the U.S. average labor participation by prime-age (25 to 54 years of age) workers (i.e. high prime-age employment gap) and strives to make targeted interventions to spark economic activity in such areas.

Revised Version

EDA Recompete Pilot Program CEBOT RFI Response

Council Exchange Board of Trade (CEBOT) Economic Equalization

The tapestry of the American experience is interwoven with many different threads, patterns, and textures. Federal policies that work to serve regions which are currently experiencing economic distress must allow for solutions that first understand the complexity of place-based approaches. Indeed, one size does not fit all.

The Council Exchange Board of Trade (CEBOT), and its predecessor the National Minority Technology Council, has spent over two decades developing and researching growth algorithms that represent the cultural nuances of economic improvement in minority communities, particularly those hardest hit by market failure caused by information asymmetry and moral hazard.

CEBOT recognizes that Technology Based Economic Development strategies that harness the triple helix of industry, academia and government are a necessary innovative and inclusive strategy to sustain a resilient improvement in lower income communities.

About CEBOT

CEBOT represents over 65,000 U.S. minority technology employers, a $110 Billion industry (www.cebot.net/mti-size). This fast growing industry employs over 550,000. CEBOT Members are connecting to improve their capacity and ability to formulate a national contract and talent pipeline.

CEBOT's vision of collaboration ensures an increase in community access to workforce opportunities and resources. We accomplish this by utilizing growth algorithms to increase community economic capacity and education relevance through industry led public-private partnerships and research based cooperative agreements.

02 www.cebot.us

EDA Recompete Pilot Program CEBOT RFI Response

Given the intent of the law1 that creates the Recompete program is to support long-term comprehensive economic development and job creation in eligible areas, EDA should also consider the impact of talent pipelines that connect communities to employers. EDA has a history of driving innovation and entrepreneurship, making it easier for businesses to start and grow in the U.S.. Deploying resources to distressed communities with the intent of economic development and job growth requires an intentional approach to encouraging learning and training for those underserved and active recruitment of businesses that have talent needs which represent high growth, high demand jobs.

Considering the program scale of EDA’s Recompete Program, and the efficacy of place based economic development stimulus plans, history is the best teacher. “In order to consider how place-based policies might promote economic mobility and well-being, it is important to consider how an array of historical and contemporary government decisions and policies have historically harmed black and other non-white Americans; such actions promote racial and place-based inequality”2 (Bradley L. Hardy, Trevon D. Logan, and John Parman 2018).

CEBOT, as an industry representative, encourages “Place-based people strategies” that include a good understanding of and connection to industry needs, careful screening to identify appropriate candidates for an inclusive workforce program enhancement, and an implementation of a sector-focused approach to training and individualized support services. This strategy must be coupled with an ability to keep pace with changes in the local economy, funding agencies or partners and community stakeholders. Given the nature of this funding it is also suggested that the funding be considered research. This will allow more feedback to EDA on how to scale programs based on common success principles that can be learned and duplicated by other like jurisdictions. This information needs to be open and freely distributed to promote the economic growth.

CEBOT represents the minority technology industry, one of the fastest industry sectors in the nation. Tech industry certifications affect earnings and wage gains. The role workforce organizations can play in helping disadvantaged workers and job seekers gain access to jobs once they have attained an industry-recognized certification is critical. Soft skill training and wrap-around services are also a key ingredient to success. The Tech industry is changing its requirements for entry level positions. EDA is encouraged to look to Community Colleges, Historically Black Colleges and Universities, Hispanic Institutions, and Minority Serving Institutions as key stakeholder partners for jurisdictions who are interested in applying for Recompete Program dollars. 1 https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section3722b&num=0&edition=prelim

https://www.hamiltonproject.org/assets/files/PBP_HardyLoganParman_1009.pdf

2 The Historical Role of Race and Policy for Regional Inequality 03 www.cebot.us

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