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Community Economic Revitalization Board (CERB). Update on CERB and CERB Export Grant Program Presented to WEDA February 14, 2012 Presented by: Lisa Wellman, Vice Chair - CERB. Community Economic Revitalization Board. Mission:

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Community economic revitalization board cerb

CommunityEconomic Revitalization Board (CERB)

Update on CERB

and

CERB Export Grant Program

Presented to WEDA February 14, 2012

Presented by:Lisa Wellman, Vice Chair - CERB


Community economic revitalization board

Community Economic Revitalization Board

Mission:

“Foster economic development through stimulation of private investment and job opportunities for the general welfare of state inhabitants…” - RCW 43.160

Generate significant private investment

Create permanent family wage jobs with health benefits

Complete project financing

Create new state and local taxes as a result of business growth

Respond to immediate business needs (siting & expansion)

Encourage expansion in key business sectors


Cerb membership

CERB Membership


Community economic revitalization board1

Community Economic Revitalization Board


Community economic revitalization board2

Community Economic Revitalization Board

Investments: 1982 - 2010

  • 287 projects financed

  • $149.5 million invested

  • $5.2 billion in private investment leveraged

  • More than 30,000 permanent jobs created and retained

    l


Cerb 2011 results financial

CERB 2011 – Results – Financial

From January 2011 to December 2011

  • 5 projects financed

  • $5,029,766 million in state resources invested

  • $4,688,345 million in other funds leveraged

    The remaining balance for this biennium *

    • Rural $2.7 m

    • Urban $963,000


Cerb export assistance program

CERB Export Assistance Program

  • Created in 2010 to support the growth of Washington exports by funding infrastructure and technical assistance projects.

  • Eligible recipients: public institutions of higher education and local governments.

  • $3 million granted to six projects providing technical assistance and training to Washington businesses new to expert or new to market.


Community economic revitalization board cerb

CERB Grants for Training and Capacity Building

GRANTEE

DESCRIPTION

$ AMOUNT

$157,000

City of Bellevue

City of Bellevue

Search engine optimization and social media platforms

$100,000

Port of Clarkston

Port of Clarkston

Snake River Boat Builders export program

$398,295

Highline Community College

Highline Community College

Virtual resource center, web portal with export resource guide

University of Washington

University of Washington

$291,264

New-to-export, medical start-up companies

Washington State University

Washington State University

$1,281,969

Export Readiness Centers

Western Washington University

$664,726

Jump Start Washington Exports (JustWAEx)


Community economic revitalization board cerb

CERB – Questions, Comments, Thoughts….

  • How can we work more effectively together?

  • What do you need form CERB?

  • How can you better connect your clients to these state programs for assistance?

  • Other

  • Vice Chair CERB Board

    • Lisa Wellman

    • [email protected]

    • 206 236 0354

  • CERB Program ManagerADO Liaison

  • Jacki SkaughtLynn Longan

  • [email protected] [email protected]

  • 360 725 3161 360 481 3106


  • Login