Transcript Regional Thinking Creates New Dollars for All

Locally-owned Businesses:
Grow Your Economy and
Drive Tourism
Kimber Lanning
Founder, Executive Director
Money Does Not Spend the Same
For every $100
spent in a local
business, $45 recirculates and
stays right Here in
Arizona.
For the same $100
spent in any
national chain, only
$13 remains.
Local First Arizona
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2600+ locally owned businesses of all sizes
The largest local business coalition in North America
An on-line directory that is searched more than 42,000
of times each month
A BUY LOCAL campaign
Both (c)6 and (c)3 status
An advocacy group working on long-term economic
development
Focused on ECONOMIC sustainability
Focused on business to business interaction and growing
“deep wealth” in the region
56,000 social media followers
Funded by member dues, earned revenue, and grants
4 Key Areas of Work
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Land use, adaptive
reuse, infill
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Procurement
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Cultural Tourism
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Economic
Development
LFA members by Industry Sector
Local First Programs
WeekendZona: Rural Development
and Tourism
 Shift Arizona: Shift the Way You
Shop!
 Fuerza Local: Spanish Language
Initiative
 Localist: New campaign to build civic
pride though individual experiences
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Chicago?!
But you live HERE now!
Economic
Gardening
The Secret to Job Growth in
America: Think SMALL
Harvard Business Review- 2010
The small businesses
in the La Grande
Orange complex at
40th Street and
Campbell, an
adaptive reuse
project, generated
$20 million in sales in
2008.
Jobs per $10 Million in Sales
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Independent Retailers: 110
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Chain Retailers: 50
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Amazon: 14
source: Institute of Local Self-Reliance 2013
One
company
making a
huge
impact on
our
economy
Procurement:
City of Phoenix Success Story
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$5,000 threshold
moved to $50,000
Open public bid only
over $50,000+
contracts
Under $50,000 goes
to database
populated only with
Arizona companies
COLLABORATE! GROW THE PIE
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Other
Organizations
Tourism entities
Small Businesses
Community
Leaders
Arts and Culture
Regional Thinking Creates New
Dollars for All
Growing Statewide Presence
MERGER
Federally Designated RDC
Case Study: Cottonwood
Case Study: Bisbee
Case Study: Safford
Examples of Celebrating your
Community Assets
Sedona
 Ajo
 Florence
 Prescott
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Making the SHIFT means more jobs and more money
circulating locally! SHIFT 10% of your spending!
Contact me with questions
Kimber Lanning
[email protected]
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Visit our website
Localfirstaz.com
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