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Business Development and IT

Photo by: Teri Brunnmeier. Business Development and IT. Bill Arent, Director City of Las Vegas Economic & Urban Development SIM Las Vegas, August 21, 2014. Current Labor Market. Where are we today ?. Regional Labor Market (Clark County). City ED Strategy – 9 Goals.

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Business Development and IT

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  1. Photo by: Teri Brunnmeier Business Development and IT Bill Arent, Director City of Las Vegas Economic & Urban Development SIM Las Vegas, August 21, 2014

  2. Current Labor Market Where are we today?

  3. Regional Labor Market (Clark County)

  4. City ED Strategy – 9 Goals • Strengthen & expand LV Medical District • Support long-term success of Downtown Project • Pursue new development / re-development opportunities • Engage in comprehensive business recruitment & prospect mgt. • Market / Promote CLV for new investment & employment • Target SBIR/STTR recipient companies • Utilize new incentive tools to encourage Dev./Re-Dev. • Expand the Cities’ BRE program • Enhance the quality of place in Las Vegas

  5. CLV Targeted Industries • Business IT Ecosystems • Security, Environmental • Digital Media • 3D Printing, Software, E-Commerce • Financial Services • Industrial Banking, International • Health & Medical Services • Academic, R&D, Tourism • SBIR / STTR Award Recipients • Phase I, II, and III • Tourism, Gaming, Entertainment • New Growth and Expansion • Industrial Manufacturing • Emphasis: • Start-ups / Entrepreneurs • Targeted Industries • Higher Wage • Positive Employment Growth • Existing Expansion Opportunities • New or Expanded Opportunities: • UAV / UAS Systems • Film Industry Program

  6. Moving Forward Where are we going?

  7. Local vs. National Jobs Market A look at location quotients

  8. Location Quotient: Tourism “Proxy”

  9. Location Quotient: Government

  10. Location Quotient: Retail Trade

  11. Location Quotient: Construction

  12. Location Quotient: Technical

  13. Location Quotient: Manufacturing

  14. Location Quotient: Health Care

  15. Location Quotient: Management

  16. Location Quotient: Information

  17. Takeaway: What Las Vegas Needs to ask itself • What kind of community do we aspire to be? • Where is the national economy headed? • Where is our current economy headed – if we maintain status quo effort? • How do we not get left behind? • How do we champion a “skate to the puck” mentality for technical training and higher education?

  18. Photo by: Teri Brunnmeier Business Development and IT Bill Arent, Director City of Las Vegas Economic & Urban Development SIM Las Vegas, August 21, 2014

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