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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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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

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


Community Economic Revitalization Board


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

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

  • 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.


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)


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


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