Transcript Jobs4TN “Research, Education & Economic Impact…Making the Future Brighter for NE Tennessee” ETSU Workshop Millennium Centre - Johnson City, TN March 20, 2013

Jobs4TN
“Research, Education & Economic Impact…Making
the Future Brighter for NE Tennessee”
ETSU Workshop
Millennium Centre - Johnson City, TN
March 20, 2013
Jobs4TN Plan
Strategy #2
Establishing Regional
“Jobs Base Camps”
Strategy #3
Reducing Business
Regulation
Strategy #1
Prioritizing Key Clusters &
Existing Businesses
Strategy #4
Investing in Innovation
Ultimate Goal
Tennessee Becomes
No. 1 in the Southeast
for High-Quality Jobs
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2011 Private Sector Job Growth
-0.2%
0.1%
1.8%
1.0%
1.2%
0.7%
0.5%
1.0%
0.3%
0.4%
2.5%
-0.4%
1.6%
Source: 12 Month Private Sector Growth Rate, U.S. Bureau of Labor Statistics
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2013 Recruitment Team
Kingsley Brock (Senior Advisor)
Kingsley Brock serves as Senior Advisor of Special Projects to
the Commissioner. Formerly, Brock was assistant commissioner
for business development after having served in economic
development at ECD for the past ten years. Kingsley has served
as lead recruiter on a number of significant projects including
Federated Department Stores, Oreck, Verizon Wireless, Hemlock
Semiconductor and Jackson National Life Insurance. He is a
graduate of North Carolina State University and resides in
Nashville with his three children. Kingsley will manage ECD’s
business development functions, project managers, field staff,
FastTrack and film and entertainment functions.
Brenda Pfeiffer (Project Manager) Recruitment: Key Activities
Target Sector: Automotive, Chemicals and Manufacturing
Brenda Pfeiffer is currently a national recruitment specialist for
ECD, having successfully managed more than 100 economic
development projects since 2007 with capital investments totaling
more than $500 million. Prior to joining ECD, she worked as
economic development director for Hickman County where she
successfully recruited more than 500 new jobs and $125 million
in new capital investment. She is a graduate of Oakland
University in Rochester, MI and in 2004 graduated from the
Economic Development Institute at the University of Oklahoma.
Toby Compton (Project Manager)
Target Sectors: Transportation, Warehouse and Logistics; Back
Office Services
Toby Compton comes to ECD from the Office of the Mayor in
Nashville where he has served as legislative director since 2007.
A graduate of Lipscomb University and Cumberland University,
Compton advised Nashville’s mayor on legislative issues in the
Tennessee General Assembly as well as a broad array of
municipal boards and commissions. He gained recognition for his
management of Nashville’s Emergency Operations Center
during the flood of 2010.
John Butler (Project Manager)
Target Sector: International Companies
John Butler is currently an international projects specialist for
ECD with responsibility for handling foreign direct investment
projects in Tennessee and manages a portfolio totaling more
than $500 million in potential capital investment in the state. He
was formerly vice president of international development for the
Nashville Area Chamber of Commerce and managed export
policy for the state of Tennessee during the mid-90’s and is a
graduate of the University of Westminster-London
Gina Brown (Project Manager)
Target Sector: Healthcare and Headquarters
Gina Brown currently works as a jobs development specialist at
ECD with responsibility for projects in the Middle Tennessee
region. She has been with ECD since 2008 and has successfully
managed large scale investments such as Loews Hotels Shared
Services Center, 3M and Asurion and currently manages projects
representing more than $150 million in potential capital
investment in Tennessee. Brown is a graduate of the University
of Tennessee-Chattanooga.
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2012 Recruitment Events
• SEUS-Japan Annual Meeting: The Governor and Commissioner will lead a delegation of
economic development and business leaders to the SEUS-Japan meeting in Tokyo on
September 13-15, 2012.
• Dinners at the Governor’s Residence: Governor Haslam will host a series of dinners for
CEOs at the Governor’s residence. Dinners currently being planned focus on the healthcare
information technology sector and companies headquartered in Tennessee.
• Out-of-State Recruitment Trips: The Governor and Commissioner will make several out-ofstate recruitment trips to key markets including California, Dallas, and New York City.
• New Marketing Materials: ECD will produce a series of new marketing materials focused on
each of the state’s target sectors. These materials will be available in electronic and hard copy
in Spring 2012.
• New Site Selection Consultant Newsletter: ECD will launch a new recruitment newsletter
targeting site selection consultants. This quarterly newsletter will focus on the state’s incentives,
available sites, and recently located projects.
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FastTrack Economic Development Fund
FastTrack Economic Development Grants
•
Governor Haslam proposed a total of
$80 million in new FastTrack funding
in the 2012 legislative session
•
These new grants are highly flexible
and could be used for a wide array of
purposes including relocation costs,
building repairs, retrofitting, and
temporary office space
•
These new grants are intended to be
used in exceptional circumstances,
when the company investment will
have a disproportionate impact on
the region
•
These grants will be subject to the
same public reporting requirements
as other FastTrack programs
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INCITE Innovation Initiative
INCITE Initiative
(Innovation, Commercialization, Investment,
Technology and Entrepreneurship)
Startup Tennessee
Entrepreneurship
Capital
Regional Accelerators
Co-Investment Fund
Technology
Governor’s Innovation Conference
June 2013
The Governor announced his INCITE Initiative on May 5, 2011 at the
TTDC Annual Conference.
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NE Tennessee Regional Accelerator
Contact:
Dave Lawrence, Executive Director
2109 W. Market Street, Suite 140
Johnson City, TN 37614
(423) 439-8135
[email protected]
TNTrade Initiative
• TNTrade is the state’s new export promotion
initiative for small and medium-sized
businesses
• TNTrade is administered by the Tennessee
Department of Economic and Community
Development.
• TNTrade connects Tennessee companies to
organizations that provide services to help
businesses enter new markets.
Please visit http://tn.gov/ecd/tntrade for more
information
Export Growth in Tennessee
Exports contributed
to more than 46% of
the U.S. economy’s
growth between 20092011.
In Tennessee, an
increase of roughly
$144, 000 worth of
exports creates one
quality job.
Export Program
Tennessee Trade
Academy
4 Export Assistance
Offices
3 Export Specialists
9 Regional Directors
Trade Missions
Capitalizing on Opportunities
Germany
Canada
Export Assistance
Office and Foreign
Investment
Representative
Foreign Investment
Representative
China
Export Assistance
Office
United Kingdom
Mexico
Export Assistance
Office
Export Assistance
Office and Foreign
Investment
Representative
Japan
Foreign Investment
Representative
Community Involvement
Work closely
with ECD
Regional
Teams
Refer
potential
export
companies to
ECD
Export officers
will tour all
three Grand
Divisions in
February
Goal of a 10%
increase in
exports
Point 3
2013 Rural Economic Development Initiatives
SelectTN Sites
Retail, Tourism &
Agriculture
ThreeStar
• ECD launched the SelectTN Sites program in Spring 2012 to
certify high-quality sites across the state through a respected
national site selection firm
• ECD will aggressively market SelectTN Sites to site selection
consultants and companies, helping create a level playing field for
all high-quality sites across the state
• ECD enhanced its Tennessee Main Street, Tennessee Downtowns
and Retire Tennessee programs to focus on supporting tourism
and retail development. ECD also strengthened its partnerships
with the Tennessee Department of Tourism and the Tennessee
Department of Agriculture
• ECD launched a revised program to better your communities by
improving in 3-5 key areas
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ThreeStar
Measurable: Annual Scorecard
Jobs &
Economic
Development
• Annually
participate in
two ECD
events or
programs
such as
Governor’s
Conference,
Rural
Development
Summits,
Main Street,
Tennessee
Downtowns,
Retire-TN or
submit a
CDBG
• Joint
Economic
Development
Board meets
statute
requirements
Fiscal Strength
& Efficient
Government
• Budget
adopted on
time per
governing
statue.
• File annual
cash flow
forecast with
Comptroller’s
office.
• File debt
management
policy with
Comptroller’s
office.
• Create or
maintain an
Audit
Committee.
2 ACTIVITY BASED AREAS
Public Safety
• Decrease crime
rate per 1,000
inhabitants
• TBI data,
released in
April/May of
each year is
used for this
metric.
• Statewide we
had a 2%
decrease in
crime from
2010-2011
Education &
Workforce
Development
• Increase in %
of 3rd - 8th
grade students
scoring
proficient or
advanced in
math
• Scores are
released
annually in
July/August
• 126 of 136
school districts
had
improvement
from 2010 -2011
3 SCORED AREAS
Health &
Welfare
• BMI Scores
of 8th Graders
• Scores are
released in
July/August.
All 136
school
districts
collect data
annually.
Business Development (Statewide)
2013 To Date
2012 Annual
2011 Annual
New
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39
35
Expansions
17
152
105
21
191
140
772
5,174
7,252
2,118
14,888
10,923
2,890
20,062
18,175
New Project Investment
$109,938,467
$473,003,364
$1,002,948,938
Expansion Investment
$533,667,105
$2,707,195,739
$2,391,990,958
$643,605,572
$3,180,199,103
$3,394,939,896
ECD Projects
Total Projects
New Project Jobs
Expansion Jobs
Total Jobs
Total Investment
2013 Business Development Pipeline (Statewide)
ECD
Projects
Projects
Jobs
Investment
Pipeline Projects
188
25,069
$6,877,796,051
2013 NE Region Pipeline (2013 To Date)
ECD
Projects
Pipeline Projects
Projects
12
Jobs
758
Investment
$299,473,716
Contact Information
Iliff McMahan, Jr.
Regional Director
Northeast TN Region
o/ 423.434.0157
c/ 423.290.1520
[email protected]
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