Economic Summit 2010. Facilitated by John D. White BergerABAM May 1, 2010. Action Items. Advise likely magnet industries of this initiative Use responses to identify top three magnet sectors/businesses Ask sector of business representatives to serve on short-term Task Force
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Facilitated by John D. White
May 1, 2010
Supply Chain Summary of action steps: This initiative involves the direct participation of local “magnet” businesses or industry clusters whose suppliers may be open to exploring the advantages of locating on the peninsula to be closer geographically to their clients. It is intended not as a broad solicitation , but as a road test to see how this could be successful.
Convene lenders, potential partner organization and local business leaders to brief them on role of OFDA
Build a BankSummary of action steps: This initiative is intended to a) establish a new funding conduit known as the Olympic Finance Development Authority and b) engage local lenders in a collaborative effort to provide and seek referrals for legitimate funding requests and to expand the funding sources.
In conjunction with Tribes, assess assets that seem to be working and have high ROI
Bring on the TouristsSummary of Action Steps: This initiative is intended to reinforce existing tourism efforts and to identify new tourism initiatives that can help attract more visitors and expand the scope of their experiences.
Brief Administrative Council as to tenor of discussion in the summit and solicit input
Redefine Education Achievement ExpectationsSummary of action steps: This initiative is intended to clearly articulate the high value the community places on both K-12 and higher education, the connection between a well trained workforce and a healthy economic, and the commitment to public and private partnerships to secure the level of academic achievement the community expects.
Discuss need for what kind, if any, of new communication venues or techniques would provide more real time information
Knit the County TogetherSummary of action steps: This initiative is intended to provide for an increased level of communication among economic development participants across the county that will result in increased occurrences of strategic partnership.
The following three initiatives are already underway although additional communication is needed: Redefine Education Achievement Expectations – the five school districts with their respective boards Bring on the Tourists – the chambers of commerce, the Olympic Peninsula Visitor & Convention Bureau, the Olympic Tourism Commission Build a Bank - four EDCs (Clallam, Kitsap, Mason & Jefferson) working on the Olympic Finance Development Authority which will serve four countiesSupply ChainKnit the County Together
The EDC monthly board meeting becomes the communication platform for initiative progress
Lead the WayThe Clallam EDC Board of Directors represents the county’s economic development leadership including public, private, education, tribal and chambers
For the existing industries, identify major employers in the county that have a supply chain of vendors that are key to their success. With the industries that have that characteristic, define who those suppliers are and where they are currently located as part of a business attraction marketing plan
From telecommunications to roads to water and sewer, this region needs a vision to not only maintain existing infrastructure but implement new systems that facilitate business growth in the county.Infrastructure is Key
Create a coalition of education leaders, and business leaders to create a new vision of the community’s support of their educational institutions. The purpose of the coalition would be to :a) indicate that they hold education achievement as an essential ingredient to economic development, andb) to provide partnership opportunities that represent the community’s commitment to quality education. Included would be identification of possible funding that would support such a commitmentNurture our Schools