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ExCEED University of Missouri Extension Community Economic and Entrepreneurial Development ExCEED’s Purpose Build awareness of entrepreneurship as an economic development strategy. Assist communities in supporting, encouraging and facilitating entrepreneurship.

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exceed s purpose
ExCEED’s Purpose
  • Build awareness of entrepreneurship as an economic development strategy.
  • Assist communities in supporting, encouraging and facilitating entrepreneurship.
  • Enhance community’s economic base and quality of life.
  • Participate in the development of vibrant rural economies. Facilitate collaborations between the University of Missouri Extension and communities throughout the state.
we believe
We believe….
  • The economy does not and cannot function separately from the community.
  • Addressing the local economy without considering the impacts on the community as a whole is an ineffective, possibly even dangerous, use of resources.
community development
Community Development
  • Involves all aspects of improving community organizational capacity -- business development, workforce development, development of markets, and investments in infrastructure, downtown areas, gateways, business parks, speculative buildings and/or public/private partnership opportunities.
  • These provide the underpinnings for a strong and vibrant social and economic interaction.
contemporary economic development
Contemporary Economic Development
  • Is broad and comprehensive
  • Applies to attracting new enterprises -- goods-producing and knowledge-based
  • In contrast to industrial recruitment, it is based on knowledge workers and a culture of innovation rather than cheap land and labor
  • Includes attracting “business anchors” such as senior housing, educational enterprises, and visitors and retirees – less traditional, but effective, ways of increasing the flow of external resources into the local economy.
why entrepreneurship
Why Entrepreneurship?
  • Once ignored because impacts where small and diffused, today entrepreneurship is thought of as “economic gardening” rather than “hunting” (industrial recruitment).
  • Business growth and sustaining health of existing businesses is an important component in this contemporary approach to economic development.
why entrepreneurship8
Why Entrepreneurship?
  • Entrepreneurship is responsible for:
    • 70% of economic growth and new job creation
  • Considering job creation:
    • Business Expansion -- 55%
    • Business Startup -- 44%
    • Business Relocation -- 1%
  • Positive relationship between economic growth and entrepreneurship (GEM report)

Source: “Job Creation in America: How our Smallest Companies Put the Most People to Work”, David Birch, Fortune, 2002

common community issues
Common Community Issues
  • Leadership capacity
  • Team building
  • Collaboration-building
  • Access to capital (adults & youth)
  • Downtown revitalization
  • School system engagement
  • Research, evaluation & analysis
challenges
Challenges
  • Economies of scale hard to achieve
  • Poor connections to markets
  • Limited opportunities for networking
  • Multiple causes of limited participation in new economy
  • Increasing consolidation trend
  • Lack of capital
slide11

ExCEED Regional Projects

NW MO

NE MO RBOG

Brookfield

Chariton County

Old Trails

Show Me E!

MRH

BYOB

All Natural

Ozark Heritage

SMEDA

brookfield
Brookfield
  • Using HTC approach
  • Community Foundation established
  • Leadership program underway
  • Entrepreneur network
  • Existing business visitation program
  • Provider Network under development
  • Youth entrepreneurship education & mentorship
  • Downtown Revitalization initiative
chariton county
Chariton County
  • Focusing on youth -- MYOB
    • Curriculum provided to schools
    • Workshops for youth
    • Youth-owned businesses started
    • Workshops/training for teachers
  • Leadership Program – youth & adult
  • Revolving Loan Program for youth
mississippi river hills
Mississippi River Hills
  • Missouri Cuisines Project
    • Marketing region (Ex: regional maps)
    • Developing Quality Standards and regional label of origin
    • Restaurants, local and outside the region, are using products grown or produced in region.
  • Workshops for local businesses
  • Association established
  • Youth entrepreneurship
northwest missouri
Northwest Missouri
  • Tourism/Agri-Tourism
  • Business Development
  • Youth = young farmers
  • Network of resource providers including local banks
  • Working with local schools on entrepreneurship curriculum

Wind Farm

ozark heritage region
Focusing on youth

Engaged 15 school districts in Year 1; 11 in Year 2

Student business competition

15 student-led businesses

Youth will be followed to determine impact of entrepreneurship education on their career/location choices

Ozark Heritage Region

South Central Career Center, CC Café

2007 1st Place Project

exceed program outcomes
ExCEED Program Outcomes

As of June 30, 2008

slide18
Sharon Gulick, Director

ExCEED Program

University of Missouri Extension

222 Gentry Hall

Columbia, MO 65211

Phone: (573) 884-0669

Email: GulickS@missouri.edu

Web: http://extension.missouri.edu/ceed/