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Fostering Partnerships Between States and Economic Development Districts

  1. Fostering Partnerships Between States and Economic Development Districts March 15, 2022 James Wheeler
  2. Today’s session is co-sponsored by: With funding support from: “Enhancing State and Local EDD Engagement to Support COVID-19 Recovery and Resiliency” is prepared by the Center for Regional Economic Competitiveness (CREC) using Federal funds under award ED21HDQ3070060 from the U.S. Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the speakers and do not necessarily reflect the views of the U.S. Economic Development Administration or the U.S. Department of Commerce. Enhancing State and Local EDD Engagement to Support COVID-19 Recovery and Resiliency
  3. An Opportunity to Meet the Moment Pixabay
  4. Our Panel Brett Schwartz, Associate Director NADO Research Foundation (DC) Ryan Smith, EDA Data Evolution Lead, Policy Advisor for the Office of Regional Affairs U.S. Economic Development Administration (DC) Mereb Hagos, Program Manager Center for Regional Economic Competitiveness (VA) Mark Goodman, Community Resiliency Specialist East Arkansas Planning & Development District Raymond Mondragon, Governmental Specialist Eastern Plains Council of Governments (NM) Vincent Soule, Deputy Director Eastern Plains Council of Governments (NM)
  5. Ryan Smith EDA Data Evolution Lead, Policy Advisor for the Office of Affairs U.S. Economic Development Administration
  6. Enhancing State-Local Economic Development Planning and Engagement NADO & DDAA Washington Conference Tuesday, March 15 Mereb Hagos
  7. What? Why? How? Key Takeaways on EDA Project
  8. What? • A 24-month project funded by EDA for CREC and partners to promote alignment across state and regional economic development organizations
  9. Why? • State and local economic development strategies and investments are often poorly aligned and not very well coordinated • States tend to operate independently of EDA supported initiatives, including those identified in regional CEDS
  10. How? • Through applied research, education, and technical assistance, this project will enable state and local leaders to create jobs and achieve economic recovery through better:  Coordination of investments  Alignment of efforts to grow key industry clusters  Leverage common tools
  11. Task 1: Research Project Tasks Task 2: Education Task 3: Technical Assistance
  12. Task 1: Research • Develop matrix of current states’ economic development strategies and initiatives mapped against CEDS plans​ • Prepare best practice guide to inform efforts to increase alignment, collaboration, and co-investment between states and local EDDs • Research and add new content for USACompetes.com website
  13. Task 2: Education • Engage state leaders through a state-EDA working group to amplify EDA’s priority tools and resources and create interaction opportunities • Develop self-paced and instructor-led educational content for priority interests • Develop self-paced and peer-led virtual curriculum for new state economic development leaders​ • Deliver relevant educational content at least twice per year to key constituencies from SEDE, NADO/DDAA, SIDO, AMCC, ARC/DRA, etc​. • Deliver 15 webinars on topics targeted to state economic development leaders
  14. Task 3: Technical Assistance • Conduct a hands-on technical assistance engagement with 5-7 states through a ‘Policy Academy cohort’ process aimed at refining state economic recovery and development strategies and integrating outcomes with local CEDS • Deliver additional on-site and virtual technical assistance efforts through partner conferences or peer exchanges​ • Conduct outreach and technical assistance to incorporate international engagement strategies into local CEDS​ • Deliver bi-annual meetings of state economic development agency leaders
  15. State Economic Development Executives (SEDE) network NADO (economic development district leaders) SIDO (state international trade leaders) AMCC (American Manufacturing Communities Collaborative) CREC is engaging several national networks to reach key stakeholders… …to participate in organizing the applied research, developing and deploying educational materials, and providing technical assistance to states and regions.
  16. Deeper Dive on Selected Tasks/Deliverables: Update and upgrade of USACompetes.com website​ Course for new state economic development leaders​ Alignment Matrix Discussion sessions on emerging topics and Webinars​ Policy Academy for 6 states
  17. Project Update • Alignment Matrix – states and EDDs  30 states completed  Fuel Best Practices Guide • Webinars  Strengthening Connections Between States and Economic Development Districts  Identifying Priorities from Treasury Relief Spending  International Trade as a Component of a State’s Economic Strategy  DEI and Manufacturing (March 30)  Remote Worker Attraction (April 5)  Recordings and registration available at: https://www.stateeconomicdevelopment.org
  18. Project Update • Educating Stakeholders and Receiving Feedback  NADO’s Fall Conference  DDAA/NADO Spring Policy Conference  SIDO Forum  AMCC Calls • State Leader Meeting  Preparing meeting at SelectUSA Summit in June • Exploring Options for Policy Academy
  19. Project Update  USACompetes.com – toolkit for attracting FDI and promoting exports  Updated format and content  New emphasis on state-local collaboration on international engagement  Regional Leadership Discussions  Bringing together EDA and states in each region  State ED Leadership Curriculum  Identified participants and beginning work on topics
  20. Preliminary Findings Research • CEDS are frequently aligning with states on strategies focused on:  Workforce development  Industry cluster development  Administration and governance • CEDS are not often aligning with states on technology-based economic development, transportation infrastructure, and business development and assistance strategies. • 18% of CEDS collected had at least one strategy on international trade and investment
  21. Preliminary Findings Polling and Discussions • About two-thirds of EDDs surveyed reported fair or poor 1) collaboration with state or 2) alignment with state ED strategy • State plans often don’t cover all factors present in CEDS – e.g., housing and workforce • Key reported barriers to collaboration included resource constraints, poor communication, and lack of respect for EDDs.
  22. Thank You! Questions? Mereb Hagos mhagos@CREC.net
  23. Fostering Partnerships Mark S. Goodman, CEcD East Arkansas Planning & Development District
  24. Fostering Economic Development Partnerships • The evolving nature (and practice) of economic development • Existing Economic Development Support Infrastructure • Strategies for Building Relationships
  25. Fostering Economic Development Partnerships • The evolving nature (and practice) of economic development • Existing Economic Development Support Infrastructure • Strategies for Building Relationships
  26. Fostering Economic Development Partnerships • The evolving nature (and practice) of economic development 1) Its “Regional” • Regional Labor and Retail Markets • Regional Promotion • Regional Economics
  27. Fostering Economic Development Partnerships • The evolving nature (and practice) of economic development 2) Its about “Quality of Living” too... • Attracting & Retaining Business • Attracting & Retaining Talent
  28. Quality of Living Factors • Economic environment • Housing • Medical / health • Natural environment • Political / social environment • Public services • Recreation • Retail goods and services • Schools Source: Mercer’s Quality of Living Factors
  29. What Matters Most? Area Development Corporation’s survey of corporate executives (Top 20) http://www.areadevelopment.com/corpSurveyResults/ Site Selection Factors 2018 1 Availability of Skilled Labor 2 Labor Costs 3 Highway Accessibility 4 Corporate Tax Rates 5 Tax Exemptions 6 Quality of Life 7 State and Local Incentives 8 Energy Availability and Cost 9 Available Buildings 10 Occupancy/Construction Costs 11 Available Land 12 Low Union Profile 13 Proximity to Suppliers 14 Proximity to Major Markets 15 Right-to-Work State 16 Training Programs/Tech Colleges 16t Environmental Regulations 18 Inbound/Outbound Shipping Costs 19 Expedited Permitting 20 Accessibility to Major Airport 2021: “Labor Costs, Taxes/Incentives, Quality of Life Taking Priority”
  30. Community Response The focus is shifting from business attraction / retention to talent attraction / retention This trend existed pre-pandemic, and has further taken off
  31. Fostering Economic Development Partnerships • The evolving nature (and practice) of economic development • Existing Economic Development Support Infrastructure • Strategies for Building Relationships
  32. State & Districts • Institutional “Unawareness” What, exactly, do you do? Defining economic development Organization alignment
  33. Fostering Economic Development Partnerships • The evolving nature (and practice) of economic development • Existing Economic Development Support Infrastructure • Strategies for Building Relationships
  34. Strategies 1) Engage them where they are... (ID needs, communicate value proposition) 2) Leverage traditional support structures 3) Create venues to promote our “Value”
  35. 1) Engage them where they are... A. State economic development agencies B. Other State entities C. Local EDOs, chambers, utilities D. State planning conferences E. State economic development conferences Be Active vs. Passive
  36. 2) Leverage traditional support structures A. University centers B. Federal partners C. Local elected leaders and their associations Be Active vs. Passive
  37. 3) Seek venues to promote our “Value” A. State conferences B. State association boards / committees C. Local civic network engagements Be Active vs. Passive
  38. Communities+ Initiative Data Analytics Mapping Surveys
  39. Analytics for Decision-making Workforce Retail Spending Economic Base Economic Impact
  40. Mark S Goodman, CEcD Economic Development & Resilience Specialist East Arkansas Planning & Development District mgoodman@eapdd.com 501-205-9192
  41. Eastern Plains Council of Governments NADO Washington Policy Conference PARTNERSHIPS & ALLIANCES Presented by Raymond Mondragon- Governmental Specialist Vincent Soule- Deputy Director www.epcog.org
  42. An initiative of the New Mexico Economic Development Department, FUNDIT is an alliance of 20+ agencies and public/private organizations working to increase funding and leverage finance opportunities for communities across the state. Our mission is to catalyze economic development to benefit New Mexico’s communities. Council of Governments are a vital piece of this partnership.
  43. NewMarc Partners
  44. STATE & FEDERAL PARTNERS
  45. FEDERAL PARTNERS
  46. PARTNERSHIPS Future Interstate Highway: As a result of the Interstate Feasibility Study conducted by the Texas Department of Transportation (TxDOT), in the 117th Congress, H.R. 1608 was filed in the U.S. House of Representatives and S. 705 in the U.S. Senate to designate the future interstate in Texas, New Mexico, Oklahoma and Colorado. Efforts continue to include this designation in the transportation reauthorization being considered by Congress. Economic Development: An estimated $96 billion is being exported between Corridor states, but with a robust transportation system the Freight Analysis Framework (FAF) projects that number could go up to $195 billion by 2040. Additionally, Corridor communities are able to attract new primary industries by providing a highway system that allows for the successful and timely transport of those products to other markets. the Corridor helps fuel $280 billion in trade with Canada and Mexico, which is more than 25% of all U.S. trade with those countries.
  47. https://portstoplains.com/about-us/

Hinweis der Redaktion

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  7. Develop matrix of current states’ ED strategies and initiatives mapped against CEDS plans to highlights gaps in collaboration Prepared best practices guide to inform efforts aimed at increasing alignment, collaboration and co-investment between states and locals EDDs Develop guidelines for integrating int’l engagement content into the CEDS process and add to the USACompetes.com website to increase the emphasis on global connections in the state and regional CEDS NADO: Support project team with the creation of the state/EDD matrix Support project team with the development of the Best Practices Guides
  8. Engage state-leaders in state-EDA working group to amplify EDA’s priority tools and resources and create interaction opportunities Develop education content to inform priority issues – workforce talent development, supply chain, grant writing for persistent underserved communities Develop peer-led online curriculum to guide new state ED leaders as they align state efforts with the broader EDO ecosystem and enhance working relationship with EDDs and CEDS - onboarding Deliver educational content in person and virtually to improve understanding of the importance of collaboration and to expand adoption of best practices among key constituencies – SEDE, NADO, CSG, etc. Deliver 12 webinars on topics targeted to state ED leaders to leverage state resources to support EDA priorities NADO: Contribute content and identify/recruit potential speakers on priority issues Deliver up to 3 training modules as part of peer-led online curriculum Provide space at NADO conferences for trainings/networking Deliver up to 3 webinars on relevant topics
  9. Deliver onsite and virtual TA efforts via partner conferences or peer exchanges to increase adoption of collaborative initiatives Conducts hands-on TA engagement with 6 states through Policy Academy cohort process to refine state economic recovery and development strategies to better integrate outcomes with those in CEDS and promote equity Conduct outreach and TA to incorporate int’l engagement strategies into local CEDS Convene bi-annual meetings of state economic development agency leaders to advance effective practice and better align with EDA goals NADO: Support project team with delivery of Policy Academy Support project team by providing space at NADO conferences for training/networking
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  16. EDDs are often used as a resource not a partner Political environment can make collaborating challenging EDDs want institutional relationships that go beyond current players 40% reported collaborating with their state on an EDA grant application in 2021
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  18. WE TALK ABOUT FACTORS OF LOCATION... AND MOST HAVE CHANGED OVER THE YEARS... HERE’S WHAT COMPANIES ARE SAYING ABOUT Availability of Labor Labor Costs 6. QOL Taxes and Incentives – 4,5,7 SHOWS HOW IMPORTANT QOL IS BECOMING WITH WHAT’S BECOMING TODAY’S WORKFORCE RE-CREATE CHART HERE
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