2015
Regional Updates on
Southeastern Vermont’s CEDS and
“Vital Projects”
May 26th Londonderry
May 27th Wilmington
May 28th Brattleboro & Bellows Falls
What is a CEDS?
• Developed using a federally outlined process
• Assess assets, opportunities, strengths and
weaknesses using data and public input
• Develops Goals
• Creates regional, strategic plan for growing
the economy
• Includes and ranks public, private and nonprofit projects that will make progress towards
goals
How does a CEDS get updated
• CEDS was accepted in July 2014
• CEDS are five year plans – ours runs through
July 2019
• Updated Annually
• In 2018 we will redo the whole CEDS
development process
SeVEDS (coordinates regional CEDS
development)
History:
Started in 2007 as a small group looking to improve broadband and cell
service
Mission:
To reverse the economic decline of our region.
Vision:
Southeastern Vermont will have an economy
that generates long-term growth and prosperity and that improves our
quality of life and sustains our quality of place.
SeVEDS Regional Public Engagement
in developing/maintaining CEDS
•
•
•
•
•
9 Public Input Sessions
16 Focus Group Sessions
18 Young Professionals Events
28 Municipal updates
2 rounds of Projects Solicitations
Key Regional Data
Developed over the last 6 years
Driving CEDS strategy development
and decision making
SeVEDS Regional Data – Population
• Age groups entering the
working population (late
teens and early twenties)
are small
• Significant decrease in
prime workforce and
childbearing ages
• Continual decline in the
number of school-aged
children since 1990’s
(% Change 1990-2000 and % Change 200-2010)
Over 65
+32..87%
+14.44%
45 to 65
+94.9%
+55.8%
2010
2000
1990
-26.8%
20 to 44
• Significant increase in the
population of those
people approaching
retirement age
Windham County Changing Demographics
-14.0%
-14.3%
under 20
• In the 2010 Census,
Maine and Vermont
ranked #1 and #2 as the
oldest states. and
Windham County is aging
faster than Maine and
Vermont.
-0.84%
0
5,000
10,000
15,000
20,000
Average Wage Comparisons (2011 - 2013)
2013 Average Annual Wage
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$Windham
VT
2011
Average Annual Wage
% of Windham County
Windham
$ 37,880 $
2013
Average Annual Wage
% of Windham County
Windham
$ 39,367 $
100%
100%
ME
MA
NH
US
VT
40,293 $
ME
38,020 $
MA
59,671 $
NH
47,281 $
106%
100%
158%
125%
VT
42,043 $
ME
39,279 $
MA
61,790 $
NH
48,963 $
107%
100%
157%
124%
US
48,043
127%
US
49,808
127%
Wages and Salaries are a function of skills, productivity, and supply/demand forces as well as the
structural make-up of the regional economy. SE Vermont average wage comparison with
neighboring States reveals that the region is at a significant disadvantage in attracting and
retaining a skilled workforce due its lower average wage.
Source: BLS, QCEW 02/2013
Div. Int. & Rent
declined by
1.5% since 2009
Windham 2011
1.1%
Improvement
since 2009
Transfer
payments rose
by .4 % from
2009
VT 2011
Windham County still lags behind the US and Vermont in percentage of
Private Sector Earned Income.
• Significantly higher proportion of income from Transfer Payments
• Significantly higher share of income received from Dividends,
Interest & Rents
Sources of Personal Income (2011)
Source: BEA 2009 & VE Analysis
US 2011
SeVEDS Goals
Reversing population decline
Increasing the number of good paying jobs
Improving the quality of the workforce
Raising household income relative to surrounding areas
Regional population level metrics for 2017 Goals
Note: Baseline and Goals based on 20012 U.S. BEA Data & Estimates
Base SeVEDS Region Metrics
Baseline
Goals*
2012
actuals*
Revised
2017 Goals
original
Change
Population
42,605
43,985
44,605
2000
Employable Population (16 and older) 35,520
36,804
36,171
651
Labor Participation Rate
65%
59%
68.80%
831
Total Employed
23,089*
21871
24,894
1,805
Average Wage
$38,820
$38,239
$39,848
+$1,028/yr
Total Region Wages
$896M
$863M
$992M
$96M
* Base Line data is as of Spring 2012
remaining
to hit 2017
goals
620
+633
10%
3,023
1,609
$129M
What has SeVEDS Done so far?
•
•
•
•
•
Engaged the public and private sector
Post VY Task Force
Municipal funded Workforce
Development Coordination
CEDS Development
Vital Projects
SeVEDS Board and Committee Engagement
since 2011
•
•
•
•
•
•
65+ SeVEDS Regional Board meetings
8 Post VY Task Force meetings
35 Workforce Committee meetings
12 CEDS Committee meetings
30 Innovation Ecosystem meetings
20 Green/Sustainable Building Cluster
meetings
CEDS Objectives
Objective 1: Act Regionally.
Objective 2: Create an Entrepreneurial Environment
and Culture to enhance existing business and grow new
business.
Objective 3: Improve wage parity with the surrounding
labor-shed.
Objective 4: Increase the Size and Quality of the
Workforce
CEDS Objectives
OBJECTIVE 5: Retain and attract younger talent through
engagement linkages, lifestyle amenities, and
meaningful career opportunities.
OBJECTIVE 6: Develop immediate VY specific workforce
and site impact mitigation strategies prior to the 2014
closure of the Vermont Yankee nuclear power plant.
CEDS Projects
•
•
In 2013 52 projects were submitted throughout the region
from public, private and non-profit entities. In 2014 42
projects were submitted
The CEDS selection committee reviewed and assessed projects
by the SeVEDS goals and strategies
•
•
All projects are included in the CEDS
12 projects were selected as Vital Projects
CEDS Vital Projects
1.
2.
3.
4.
2015 Vital Projects:
Bellows Falls Area Development Corporation: NEW Island Redevelopment
project will remediate approximately 5 acres of downtown brownfields
sites into useable industrial space
SeVEDS Workforce: Job Board for employers in Windham and Bennington
Counties will help build the talent pipeline for Windham Region Employers
UPDATED
Ironwood Brand, PreCraft, STIX: Build a rapid prototyping facility at existing
shop for prefab high performance building envelopes and resilient
mechanical systems UPDATED
BDCC: extend electric water and sewer to new industrial regional sites
UPDATED
CEDS Vital Projects
5. BDCC: assess existing key elements of innovation ecosystem, determine
missing elements, research models for missing elements and development of
metrics for evaluating success UPDATED
6. BDCC/SeVEDS: Southern Vermont Sustainable Recruitment Project for
employers and tourism entities – connects to Job Board UPDATED
7. Sustainable Energy Outreach Network (SEON): The Board of Directors of the
SEON is looking for funding to offset two years of operational expenses and
non-employee compensation in support of the current and future activities of
the organization. NEW
8. Windham Child Care Association: Build a more sustainable childcare system
through innovative shared practices to increase overall program quality and
earnings, workforce development for childcare workers. UPDATED
CEDS Vital Projects
9. Strolling of the Heifers: Southeastern Vermont Food and Agricultural
Innovation Center at the Robert H. Gibson River Garden, 157 Main Street,
Brattleboro UPDATED
10. Storm Petral, LLC: Storm Petral released two web based software
applications in the Spring of 2014. Tempest-GEMS facilitates the financial
recovery of governmental agencies and key non-profits after impact from a
natural disaster. It manages federally funded reconstruction and recovery
grants. NEW
11. Rich Earth Institute: Creating a sustainable, regional, urine recycling system
NEW
12. Windham Regional Commission: Windham Region Village Water and
Wastewater Need Assessment and Feasibility Plan UPDATED
What is happening
besides meetings and
planning?
Leadership transitions and growing
pains
•
•
•
•
•
BDCC Executive Director
Director of Economic Development
Project Director
Internship Coordinator
Increased Communication is priority for new
Executive Director and SeVEDS Board
Workforce Development
Municipal funded and Vermont DOL
workforce coordination 5 year hiring
projection and regional middle/high school
career awareness survey
There are going to be a lot of jobs and there
is minimal regional awareness in the schools
about the job opportunities available in the
region
Workforce Development:
Retain and Attract
• Building regional middle/high school career
awareness continuum
• WHEC 6 Colleges brought forward Internship
Coordinator
•
Internships – test run for employer and employee
• Young Professionals events and professional
development
• Southern Vermont Recruitment and Marketing
Green Buildings and Services Cluster
Development - Guy Payne
• Recently received $195,000 in WCEDP Entergy
and preliminary EDA funding
• Major regional partner is SEON
VE & SeVEDS Green Bldg Industry Cluster Draft Value Chain Ecosystem
Green Building Products Market
Roofing – Panels – Wall coverings – Home kits Beams –
Window Frames – Treated Wood
Construction &
Service
Providers
Building
Products
 Solar
Human Resources
 District
Heating
Systems
 Waste Heat
 Co-Gen
Vermont
Brand!
Energy
Systems
 Biomass
Green
Building
Industry
Center of
Knowledge
Natural Resources
 Energy
Management
Systems
Research &
Design
Brattleboro
Foreign
Trade Zone
Workforce
Develop
Education
Market
Research
Industry
Networks &
Infrastructure
Green Building Products Market
Southern Vermont
Business Innovation Accelerator –
Jodi Clark
• 230K in WCEDP Entergy and Preliminary EDA funding
• Timeline – continued development this Summer hiring in
January 2016
• Virtual Services
• Possible Partners and conversations we are tracking
Additional high priority clusters
Healthcare and Technology Driven
Precision Manufacturing
Coming soon:
• Expanded Young Professionals
• Technical Working Group
• Southern Vermont Zone
What’s exciting?
What’s confusing?
Questions?