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Clay County Economic Development Council Presents: Strategic Planning Initiative. GOAL. Create a strategic economic development plan for Clay County, Missouri. REALITY . Clay County is going to rapidly develop, the only question is, “How?”. PROCESS.

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Presentation Transcript
slide2

GOAL

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

slide4

PROCESS

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

what we studied
WHAT WE STUDIED
  • Latest economic development trends
  • Business attraction and recruiting
  • Skilled workforce
  • Quality of life
  • Business infrastructure
  • Entrepreneurs
  • Higher education & technology
where we are
Where WE ARE

Geographic Advantages

  • Geographic center of the US
  • Fourteen major highways
  • International and two regional airports
  • Thousands of acres of developable land
where we are1
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
slide8

WHERE WE ARE

  • Clay County is the 3rdfastest growing
  • county economy
  • in Missouri.
slide9

WHERE WE ARE

Out of the 114 counties in Missouri,

Clay County ranks 6th

in terms of economic share.

slide12

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.
slide13

WHERE WE ARE

Industry Concentrations

  • Automotive Manufacturing
    • Ford
    • Ford suppliers in Clay County
    • GM suppliers
slide14

WHERE WE ARE

Industry Concentrations

  • Information and Communication Technologies
    • Cerner (fastest growing employer in Missouri)
    • Google, North Kansas City
    • LinkCity
    • AT&T
    • Sprint
slide15

WHERE WE ARE

Industry Concentrations

  • Financial Services
    • TradeBot in Clay County
    • American Century
    • DST
    • H&R Block in metro area
slide16

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.
slide17

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.

slide18

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

slide19

WHERE WE ARE

Retail and Residential

  • Briarcliff Development
  • Shoal Creek Development
  • Linden Square
  • Liberty Triangle
key elements to economic development
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
slide21

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
slide22

KEY ELEMENTS TO ECONOMIC DEVELOPMENT

Importance of Local Government

  • Aggressive tax incentive policies
  • Business attraction focused on the communities’ strengths
  • Quality of Life/Amenities
slide23

KEY ELEMENTS TO ECONOMIC DEVELOPMENT

  • Consistency in policies
  • Consistency in practice
  • Predictability of outcome
slide24

OUR VISION

50 new companies

5,000 new jobs

in the next decade…

slide25

TARGETED Industries

  • IT/Advanced Technology
  • Animal/Bio & Life-Science
  • Advanced Manufacturing
  • Higher Education
  • Technology Transfer
slide26

TARGETED FACILITIES

  • Public/private research facilities
  • Increase university institutional presence
  • Corporate headquarters
  • Class-A office space
  • High-quality industrial park(s)
keys to success
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
keys to success1
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
keys to success2
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.
slide30

OUR MISSION

50 new companies

5,000 new jobs

in the next decade!

what s next
What’s Next

Development of tactical teams.

  • Targeted Industries
  • Targeted Facilities
  • Quality of Life
  • Entrepreneurial Culture and Business Environment
thanks to our steering committee
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