Independent Economic Development Task Force Meeting #12 November 6, 2013 K. Gleasman Agenda • • • • • • Review and approve meeting notes from Mtg #11 Status agency discussions (progress since 10/30/13) – all Analyze data for questions 1 – 6 (section 1) - all Other topics from task force Public Comment –Summarized Input Adjourn 11/6/2013 2 Review and approve meeting notes from Mtg #11 Transylvania County Independent Economic Development Task Force 10/30/2013 Meeting #11 Members Present: x Bradford x Gleasman x Harris x Higgins x Neumann x Watkins x Whitmire Members Absent: q Bradford q Gleasman q Harris q Higgins q Neumann q Watkins q Whitmire Others Present: Various members of public, Eric Crews of Transylvania Times, Wes Dickson, and Tom Dempsey Recording Secretary: Karen Gleasman ITEM DISCUSSION BEYOND SLIDE DECK Review and approve Mtg Notes 10 Approved Compare business friendliness of Mark was unable to join us this week. ACTION D. Bradford will continue to work with Mark to TC and Henderson County find another time Mark Peddy Status Agency Discussions Initial ideas for data analysis x Chamber - 2 individls have responded, rest of chamber not yet x Partnership - Frank on target x EDAB - response in x HOB - nothing new, on task x TDA by end of week q OP&ED - on task q Brevard - 1 staff responded, collective response not yet q Rosman - mayor took over, Billy to check Discussed plan for two full day sessions Wed 11/13 8AM - 5PM Affinity method to assess qualitative input Wed 12/4 Jeannette Goldsmith? Fri 12/6 8AM - 5PM Other topics from task force members analyze data propose EDO's Brevard top 10 place for mountain biking, only one east of Mississippi The Brevard College cycling team won its second consecutive USA Cycling Division II Collegiate Mountain Bike National Championship Wes Dickson realized 10-20% growth in his bicycle business thru recession Public comment through email 11/6/2013 No input received Email account open: TCIEDTF@gmail.com Adjourn 3 Comparing business friendliness Henderson vs Transylvania Counties • Mark Peddy has a conflict with tonight’s meeting – wants to meet with us to describe his experiences 11/6/2013 4 Status for agency discussions On average in less than 5 minutes per; focus on progress since 10/23/13…. o Any issues? o Other progress relative to these discussions x x x x x x q 11/6/2013 5 Data analysis – Perceptions of Current Effort Question 1: Is there one organization which is most effective in economic development for Transylvania County? Why? COC TP EDAB HOB TDA TCOPED Brevard Rosman Most effective Also effective 11/6/2013 6 Data analysis – Perceptions of Current Effort • Question 2: How good has our community been at economic development, i.e. how far off the mark are we? Using a post-it note; summarize words from the organization for which you have primary responsibility. We will group recurring themes Write down questions we have for “your” organization 11/6/2013 7 Data analysis – Perceptions of Current Effort • Question 3: What is your organization best at in supporting economic development Using a post-it note; summarize words from the organization for which you have primary responsibility. We will group recurring themes Write down questions we have for “your” organization 11/6/2013 8 Data analysis – Perceptions of Current Effort • Question 4: Do you view Transylvania County as a competitive place to do business? If not why? Using a post-it note; summarize words from the organization for which you have primary responsibility. We will group recurring themes Write down questions we have for “your” organization 11/6/2013 9 Data analysis – Perceptions of Current Effort • Question 5: What messages about Transylvania County have the most appeal to the people outside the community you interact with? Are they the same for those who live here? Using a post-it note; summarize words from the organization for which you have primary responsibility. We will group recurring themes Write down questions we have for “your” organization 11/6/2013 10 Data analysis – Perceptions of Current Effort • Question 6: What are the advantages to investing in Transylvania County versus somewhere else in WNC? Using a post-it note; summarize words from the organization for which you have primary responsibility. We will group recurring themes Write down questions we have for “your” organization 11/6/2013 11 Mission statements • Come prepared next week, 11/13, with mission/vision statements for “your” organizations Mission COC TP EDAB HOB Advisory board to county commissioners in developing and carrying out effective Economic Development Program Non-profit organization whose purpose is to maintain a vital downtown. Revitalization is done through design, economic restructuring, promotion, and organization TDA TCOPED Brevard Rosman 11/6/2013 12 Other topics from task force members 11/6/2013 13 Public Comment – summarized 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 No input received last week 11/6/2013 14 Adjourn 11/6/2013 15 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: Interim 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 11/6/2013 16 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 11/6/2013 17 Decision criteria for EDO decision 1. 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 development a. Recruitment – soliciting companies to come or start here, includes marketing b. Existing Industry Effort c. Small Business Development d. Entrepreneurial Development e. Workforce Development – EDO consolidates needs and facilitates solutions f. Economic Culture Creation g. New business “ambassador” to smooth way with permitting, regulations h. 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 11/6/2013 18 Targeted industry brainstormed list 10/9/2013 Goldsmith Industries Nutraceuticals Outdoor Recreation Equipment Industries Aerospace industry parts Industries Cut & Sew Food and Beverage Composites 3D Printing Consider methods of mfg: e.g. precision maching, web Environmental industries, based e.g. recycled matls -> t-shirts Automotive Parts Brevard College BRCC Sports, Health, and Wellness Bamboo Camps Solo Worker Destination spa Medical equipment Tourism Destination health club Labs e.g. biomedical Industries Medical care recovery Target Company Profile Rev range: $50K $50M Number of employees: 1-150 Retention/expansion of current businesses Quality of place is big draw Potential for above average pay Research lab: e.g. farm/agri Build musical instruments Food processing, e.g. apples More movies here Artisanal agriculture, e.g. mustards, Do More bars Music recording studios 11/6/2013 Expansion of TVS Parts/supplies for existing comp., e.g. cans for OSKAR BLUES More like Everett Farms, Events Continuing care NOT in conflict with quality of 19 Roadmap to complete 3 tasks TASK #1 Recommend TC EDO Org Structure TASK #3 ID Target Industries Prelim Marketing Plan Have brainstormed list of 24 targeted industries Debate Pros/Cons Alternatives Develop Alternative Structures Study J. Goldsmith EDO Construct Analyze Agency Data Reviewed and modified: TC Assets TC Challenges Targeted companies profile Approach to econ development Branding Marketing 11/6/2013 TASK #2 Develop Mission/Vision Brand for TC EDO Modify J. Goldsmith EDO Approach Develop decision criteria Modify TC Assets Challenges Review Agency Data Review J. Goldsmith Report Collect Agency Data underway 9/11/2013 Prep for Agency Data Collection 20