Clay County Economic Development Council Presents: Strategic Planning Initiative

1. Clay County Economic Development CouncilPresents:Strategic Planning Initiative

2. GOAL Create a strategic economic development plan for Clay County, Missouri.

3. REALITY Clay County is going to rapidly develop, the only question is, “How?”

4. PROCESS Worked with industry and community leaders to create a strategic economic development plan.

5. WHAT WE STUDIED • Latest economic development trends • Business attraction and recruiting • Skilled workforce • Quality of life • Business infrastructure • Entrepreneurs • Higher education & technology

6. Where WE ARE Geographic Advantages • Geographic center of the US • Fourteen major highways • International and two regional airports • Thousands of acres of developable land

7. Where WE ARE Geographic Advantages • NAFTA Corridor • Animal Health Corridor • Home to fastest growing company in the state • Home to state-of-the-art automotive manufacturing

8. WHERE WE ARE • Clay County is the 3rdfastest growing • county economy • in Missouri.

9. WHERE WE ARE Out of the 114 counties in Missouri, Clay County ranks 6th in terms of economic share.

10. WHERE WE ARE Wages

11. WHERE WE ARE 15.4% better than US and 7% better than state. Employment As of June 2013

12. WHERE WE ARE Education • School Systems (K-12) • Nationally accredited school districts in Clay County • Northland CAPS • Higher Education • William Jewell College • Metropolitan Community College System • Lack of a university research facility &/or a major state Higher Ed institutional presence.

13. WHERE WE ARE Industry Concentrations • Automotive Manufacturing • Ford • Ford suppliers in Clay County • GM suppliers

14. WHERE WE ARE Industry Concentrations • Information and Communication Technologies • Cerner (fastest growing employer in Missouri) • Google, North Kansas City • LinkCity • AT&T • Sprint

15. WHERE WE ARE Industry Concentrations • Financial Services • TradeBot in Clay County • American Century • DST • H&R Block in metro area

16. WHERE WE ARE • Animal Health Industry Concentration • The Kansas City region has the largest concentration of animal health companies in the world. • 32% of the $19 billion global animal health industry is based in the Kansas City region.

17. WHERE WE ARE Animal Health & Life Sciences Employment More than 20,000 trained employees are working in the animal health industry in the Kansas City region.

18. WHERE WE ARE Information & Communication Technology The Kansas City area had the greatest increaseof Information and Communication Technology start-up density among large metropolitan areas in the last two decades. Source: Stangler, Dane, Path-Dependent Startup Hubs, Kauffman Foundation

19. WHERE WE ARE Retail and Residential • Briarcliff Development • Shoal Creek Development • Linden Square • Liberty Triangle

20. KEY ELEMENTS TO ECONOMIC DEVELOPMENT Importance of Talented People • Need skilled and talented workforce • Need to attract talented people • Quality of Life • Access to the latest technologies • Culture of entrepreneurialism • Companies less than 5 years old are responsible for all net job creation in the United States • Access to capital

21. KEY ELEMENTS TO ECONOMIC DEVELOPMENT Importance of Local Government • Fair and consistent regulatory environment • Infrastructure necessary to develop sites (roads, water, sewer, electricity & gas) • Coordinated transportation strategies

22. KEY ELEMENTS TO ECONOMIC DEVELOPMENT Importance of Local Government • Aggressive tax incentive policies • Business attraction focused on the communities’ strengths • Quality of Life/Amenities

23. KEY ELEMENTS TO ECONOMIC DEVELOPMENT • Consistency in policies • Consistency in practice • Predictability of outcome

24. OUR VISION 50 new companies 5,000 new jobs in the next decade…

25. TARGETED Industries • IT/Advanced Technology • Animal/Bio & Life-Science • Advanced Manufacturing • Higher Education • Technology Transfer

26. TARGETED FACILITIES • Public/private research facilities • Increase university institutional presence • Corporate headquarters • Class-A office space • High-quality industrial park(s)

27. KEYS TO SUCCESS Culture of Innovation and Entrepreneurship • Attract talented people • Adopt cutting edge technology • Build out information infrastructure • Encourage entrepreneurial connections • Provide access to capital

28. KEYS TO SUCCESS Quality of Life • Improve already excellent schools • Build high quality neighborhoods • Create first-class amenities • Parks & Rec, Trails, Sports Facilities • Entertainment/Shopping/Dining • Vibrant Cultural/Arts Community

29. KEYS TO SUCCESS World-Class Business Environment • Help businesses compete against world-wide competition. • Create the environment where businesses will succeed. • Ensure Clay County has the assets needed to succeed. • Drive economic development in the region.

30. OUR MISSION 50 new companies 5,000 new jobs in the next decade!

31. What’s Next Development of tactical teams. • Targeted Industries • Targeted Facilities • Quality of Life • Entrepreneurial Culture and Business Environment

32. THANKS to our steering committee Co-Chairs: Greg Canuteson and Jerry Nolte • T.J. Berry • Dan Carr • Kevin Corlew • Jeff Dema • Richard Groves • Pete Hall • Darren Hennen • Jeff King • Mike McKeen • Dave Mecklenburg • Myron Neth • Tony Reinhart • Jay Swearingen • Mark Tankesley • Mike West • Gary Zaborac