Department Board Meeting November 29 2016 Business Recruitment amp Expansion JOB CREATION amp INVESTMENT 48 Active Projects 7386 Jobs 663 Million Investment Active Projects by Industry ID: 566418
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Slide1
Wake County Economic Development
Department Board Meeting
November 29, 2016 Slide2
Business Recruitment & ExpansionSlide3
JOB CREATION & INVESTMENT
48
Active Projects
7,386 Jobs
$663
Million Investment
Active Projects by IndustrySlide4
“HOT” PROJECT ACTIVITY
13
Hot Projects
1,411 Jobs
$254
Million Investment
2
Software/IT
3
Life Science
2
Smart Grid +
CleanTech
4
Adv. Mfg.Slide5
MAJOR COMPANY ANNOUNCEMENTS
Advanced Medical Technologies
170 Jobs
$11.9 Million Investment
Software/IT
100 Jobs
Unknown Investment
Software/IT
450 Jobs
$43.5 Million Investment Slide6
JOB CREATION & INVESTMENT
WAKE COUNTY ECONOMIC ACTIVITY FY 2015 – 2016
New Projects
96
Site Visits
28
New & Expanding Announcements
66
Jobs
4,573
Investment
$247.9 MSlide7
JOB CREATION & INVESTMENT
WAKE COUNTY ECONOMIC ACTIVITY FY 2016 – 2017
New Projects
12
Site Visits
2
New & Expanding Announcements
6
Jobs
31
Investment
N/ASlide8
Talent Strategies Slide9
TALENT
20,000 unique impressions each week
116 companies involved since January 1st of 2016 Over 100 retweets weekly
Hundreds of jobs featured monthlyAlmost 200 jobs click
throughs
each Tuesday
@
WorkTriangleNC
#
TriangleTuesdaysSlide10
TALENT
2017 Talent ForumCorporate Talent TaskforceTalent & Education Council Slide11
TALENT DEVELOPMENT
ACCE Fellowship for Education Attainment
30 Must Dos in 30 Days
Come Tech Out The TriangleSlide12
Marketing & Public RelationsSlide13
MEDIA & MARKETING IMPACT
Stories Placed:
50
Average of 2 stories/month are placed
Advertising Equivalency: ~
$4.6M
Editorial Impact:
~$21M
Impressions/Reach:
~760MSlide14
NATIONAL MEDIA COVERAGE
Huffington Post
Here’s How ‘Invent In-Place’ Is Bringing Big Ideas From Smaller Cities
Entrepreneur
What Entrepreneurship Taught One Married Couple About Partnership
CNNMoney
Shipping Containers Turned Into Mobile Tech LabsSlide15
WWW.RALEIGH-WAKE.ORG
NEW WEBSITESlide16
WWW.RALEIGH-WAKE.ORG
NEW WEBSITESlide17
ENTREPRENEURSHIP
Innovate Raleigh Summit
Partnerships & Sponsors
Innovate Raleigh
CED
TechVenture
Conference
Internet Summit
Forbes Contributor Series Slide18
Site Assessment ProgramSlide19
PRODUCT DEVELOPMENT
Anatomy of a Project
Session 1:
The Municipal side of Economic Development
Session 3
:
Economic Development as a Partnership
Session
2:
The Site Selection side of Economic Development
Tier 2 Team Meeting in Knightdale, NC. Slide20
Foreign Direct InvestmentSlide21
FOREIGN DIRECT INVESTMENT
FDI Collateral
2016 Global Carolina Connect Conference
Launch of WCED Foreign Direct Investment (FDI) Initiative
2016 Global Carolina Connect Conference Sponsor
Completion of FDI Marketing Piece Slide22
SXSW 2017Slide23
SXSW 2017
March 12-15
In partnership with City of Raleigh & Raleigh Convention and Visitors Bureau Tradeshow presence with local makers and innovatorsTashni Ann Dubroy & Cindy Whitehead to present on SXSW Panels - nominated to speak by WCEDSlide24
Targeted Growth AreasSlide25
Step 1
Step 2Inclusion and Outreach
WCED
Identify existing assets supporting small businesses and entrepreneurs
Are any organizations focusing on minority groups and/or start-ups in vulnerable communities?
I.E. NC Hispanic Chamber of Commerce
What are American Underground, HQ Raleigh, etc. doing to support minority owned start-ups?
Develop a guide to summarize resources. This would be a catalyst for community meetings
Wake County/ GRCC
Share findings and resource guide with the community
Hold off-hour and bilingual meetings
WCED
Develop programing to support small businesses and start-ups in vulnerable communities
Hire new staff person focused on developing and connecting small businesses with resources
Invest in Targeted Areas
WCED
Identify site inventory in vulnerable communities in conjuncture with the Site Assessment Program
Wake County
Create a site readiness grant for industrial and commercial sites identified
Similar to site readiness grants for product in RTP
Workforce
WCED/ CAWDB
Identify current workforce resources for minority and vulnerable communities Survey employers to understand greatest needs and identify ways to connect those living in vulnerable communities to jobs
Wake County/ CAWDB
Create a workforce development coalition specifically addressing and supporting those living in vulnerable communities
Incentives
WCED & Wake County
Develop An Additional Incentive Policy
Two possible models: Point System v. Fixed Criteria
Possible Requirements: Site Location; SOC Wage Comparison; Workforce Location; Community Outreach/Service
Targeted Growth Areas Slide26