Brian Kelsey's presentation at the Texas Economic Development Council 2012 Winter Meeting in Galveston

1. A Practitioner’s Perspective on
Federal Policy and Opportunities
for Local Economic Developers
TEDC Winter Meeting
January 19, 2012

2. Federal Policy: Key Themes
• Regional innovation
• “Bottom-up” strategies
• Breaking down silos
• Increasing ROI
• Metrics
19 January 2012 | TEDC Winter Meeting

3. Obama adds cabinet seat for
SBA administrator, proposes
merging commerce agencies
The Washington Post, 01/13/12
http://www.commerce.gov/americacompetes

4. Wordle™ of remarks prepared for delivery by John Fernandez, Assistant Secretary of Commerce for Economic Development, at
the 18th Annual Conference of the National Association of Seed and Venture Funds in Arlington, Texas, on October 19, 2011.
Source: http://www.eda.gov/NewsEvents/Speeches/Speech10192011_SeedAndVentureFunds_TX

6. 16 agencies
$37M combined funding
$69M private investment
4,800 new jobs
4,000 trained workers
300 new businesses
http://www.eda.gov/InvestmentsGrants/jobsandinnovationchallenge

7. http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1251595201376

9. http://nyworks.ny.gov

11. intermediary
Northeast Ohio Speed‐To‐Market Accelerator will employ a step‐by‐step
process to help accelerate the commercialization of products, increase
the global competitiveness of cluster companies, attract additional
private capital to the region, and attract students, incumbent
workers, and the unemployed to educational and training programs.
entrepreneurship workforce industry
http://www.nortech.org/news-room/press-releases/northeast-ohio-winner-of-white-house-jobs-and-innovation-accelerator-challenge

12. Louisiana Tech “LA_i6” Proof of Concept Center to support and
expedite the introduction of new “green” technology innovations
from companies along the I-20 corridor in north Louisiana, south
Arkansas, west central Mississippi, and northeast Texas into
markets throughout the region and the nation.
i6 Green Winner
Federal $ > academic research > intermediary > commercialization > entrepreneurship

16. Future Opportunities: How can EDCs be ready?
• Form regional coalitions
• Identify key clusters
• Recruit employers to lead
• Evaluate your “ecosystem”
• Develop a strategy
• Decide on metrics
• Brief officials
19 January 2012 | TEDC Winter Meeting

17. START NOW
If you wait until you see the funding
notice, it’s already too late.

18. Clusters: Existing Initiatives/Potential Partners
http://www.clustermapping.us
19 January 2012 | TEDC Winter Meeting

19. Clusters: Making Your Case in Metropolitan Areas
Traded (Exporting) Clusters in Using federally-funded tool
Beaumont-Port Arthur, TX (cluster map) to demonstrate
alignment with federal goals
Potential Targets
(regions, clusters, exports)
http://www.clustermapping.us

20. Clusters: Making Your Case in Rural/Nontraditional
http://www.statsamerica.org/innovation
19 January 2012 | TEDC Winter Meeting

21. Clusters: Making Your Case in Rural/Nontraditional
http://www.statsamerica.org/innovation
19 January 2012 | TEDC Winter Meeting

22. Clusters: Making Your Case in Rural/Nontraditional
http://www.statsamerica.org/innovation
19 January 2012 | TEDC Winter Meeting

23. Best Practices: Kansas
http://www.nado.org/growing-rural-innovation-based-economies-kansas-opportunity-innovation-network
19 January 2012 | TEDC Winter Meeting

24. Best Practices: Venture Development
Check out profiles
for case studies of
VDOs in urban and
rural areas, such as
i2E in Oklahoma.
http://regionalinnovation.org
19 January 2012 | TEDC Winter Meeting

25. Best Practices: Venture Development
http://regionalinnovation.org 19 January 2012 | TEDC Winter Meeting

26. Federal Experience: Takeaways for Texas EDCs
• Budget realities and politics are transforming
regional programs—business as usual is over
• Texas can be competitive if we are willing to
think creatively about regional partnerships
• Demonstrating viability of clusters in rural
communities will be critical opportunity
19 January 2012 | TEDC Winter Meeting

27. Brian Kelsey
brian@civicanalytics.com
512-731-7851
http://civicanalytics.com
@brianjkelsey
facebook.com/economicdevelopment
linkedin.com/in/brianjkelsey