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Steve Anderson RBC Wealth Management EDAWN Board Chair

Steve Anderson RBC Wealth Management EDAWN Board Chair. 2013 New Major Investors. Presidential Gold : Gold : Anthem Blue Cross and Blue Shield Intermountain Electric, Inc. Atlantis Casino Resort Spa NOW Foods Avison Young Pacific States Communications

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Steve Anderson RBC Wealth Management EDAWN Board Chair

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  1. Steve Anderson RBC Wealth Management EDAWN Board Chair

  2. 2013 New Major Investors Presidential Gold: Gold: Anthem Blue Cross and Blue Shield Intermountain Electric, Inc. Atlantis Casino Resort Spa NOW Foods Avison Young Pacific States Communications Colonial Van & Storage, Inc. RE/MAX Realty Affiliates Grant Thornton LLP Saint Mary’s Health Plans Holland & Hart LLP Tahoe Reno Industrial Center IntelliSource United Federal Credit Union International City Mortgage, Inc.

  3. Stephanie Kruse KPS3 EDAWN Immediate Past Chair

  4. Mike Kazmierski President & CEO EDAWN’s Economic Update January 16, 2014

  5. Agenda Special Announcement EDAWN’s Mission EDAWN’s Progress EDAWN’s Focus Going Forward How Can You Help? 5

  6. Stephen Fookes CEO

  7. Who Are Our Customers?

  8. What Does EDAWN Do? EffectiveEconomic Development Program - Attracts - Retains / Expand - Grows Quality Jobs! 8

  9. EDAWN’s Focus “Primary” or “Base” Jobs! Majority Of Customers Outside The Region External Customers Add WealthToCommunity Tax Dollars & Wages Of Employees Investments Of Building / Equipment Generates Additional Jobs + Multiplier Effect Quality Jobs ($20.00 Per Hr + Benefits) 90% + Of Jobs Filled By Existing Residents 9

  10. EDAWN’s Goal? To Help Move Nevada To The Right Side Of This Chart! Nevada

  11. Unemployment Affects Us All Cost Of Uninsured (Emergency Care) Impacts On Kids – Insurance & Education Foreclosures- Impacts On Home Values Family and Relationship Breakdown Government Costs Increased Crime Fewer Customers 11

  12. Primary Jobs Mitigate Social Problems Provides Medical Benefits Reduces Dependence On Government Reduces Hunger & Homelessness Reduces Financial Stress Reduces Spousal And Child Abuse Increases Corporate & Individual Giving 12

  13. % Job Losses In Past 65 Years After 5 Years Still Not Back!

  14. Our Unemployment Rate Improving!

  15. Three Legs Of Economic Development Retention / Expansion Attraction Entrepreneurial / Start Up Growth 15

  16. So How Is EDAWNDoing At Quality Job Attraction?

  17. EDAWN's Goals - Attraction Quality Job Attraction Goal: 2,100 Jobs: Target Industries High Growth Companies Headquarters & Capital Investment Aggressive Marketing – Location Advantage Encourage Community Engagement 17

  18. Job Attraction Travel Calendar 2013

  19. Prospects Visits Per Month More Than Double Since 2011 2011 Ave 4.2

  20. EDAWN Assisted New Jobs 2008-2013 (5 Year Numbers Based On Company Estimate) 2013 Final 3,460 WOW ! 5 Year Average* * 2008 – 2010 Estimate Based On One Year Numbers 20 * 2007 – 2010 Estimate Based On One Year Numbers

  21. 2013 Assisted Projects

  22. 2013 Assisted Projects

  23. 2013 Assisted Projects

  24. Types Of Companies Assistedin 2013

  25. Hot Prospects – Very Likely!

  26. Three Legs Of Economic Development Retention / Expansion Attraction Entrepreneurial / Start Up Growth 26

  27. Terry McGinnis PPG Industries Plant Manager Architectural Coatings

  28. EDAWN's Goals –Retention / Expansion Kimmie Candy • This Important ! • Many New Jobs From The Expansion Of Existing Companies • Our High Growth Companies Are Being Courted • Relationships With Existing Industry Provides Opportunities For Attraction

  29. EDAWN's Goals– Retention / Expansion Aggressive Face-to-Face VisitationProgram Solve Existing Company & Industry Problems Advocate To Improve Business Climate Facilitate Business-to-Business Purchasing Drive Sector And Cluster Advancement “Service After The Sale” For New Companies Identify Attraction Opportunities 29

  30. Retention Results / Initiatives • 203 Companies Visited - 77% Growing • 43 % Recent or Planned Growth • 34 % Future Growth • 19 % Stable • 3 % Declining • Major Concerns: • Highly Skilled Employee Shortages • Availability Of Workforce As Unemployment Declines • Availability Of Class “A” Real Estate • Robust Cluster Options – Access To Supply Chain • Potential State Tax Increases On Businesses

  31. Three Legs Of Economic Development Retention / Expansion Attraction Entrepreneurial / Start Up Growth 31

  32. Eric Jennings Pinoccio CTO

  33. EDAWN's Goals – Entrepreneurial Job Creation Work With Partners To Develop And Implement An Entrepreneurial Continuum Assist Partners To Increase Capital Support Partners In Attracting And Retaining Skilled Entrepreneurial Talent Foster Regional Incubation Of Start-Ups Promote Research, Development & Commercialization Efforts At UNR / DRI 33

  34. Why Entrepreneurial Development? Net Job Growth From Startups In First Year Kauffman Report

  35. How Do We Stack-Up ! • Reno Rated6th Overall For Highest Startup Density • Reno One Of Best Cities For Mid-Career Professionals • Nevada Ranked 2nd Nationally As Best Environment for Entrepreneurship • Startup Weekend • 1 Million Cups • TEDx • Girlmade • Sontag • Project Vesto • House of Genius • Entrepreneurs Organization(EO) • Hackathon’s * Statistics: Kauffman Foundation, Richard Florida and Small Business & Entrepreneurship Council .

  36. Our Entrepreneurial Ecosystem Sontag Pitch And Connect 36

  37. Leading Creation of Startups Make / Create

  38. The Potential of Reno ! Start-Up Row Facilitating Mentorship – Summit VMS Grant Funding: Accelerator, Battle Born, Reno Rebuild Events That Encourage Cross-Collaboration Encouraging Startup Activity Downtown

  39. “Biggest Little” Startup Community Reno – The Place For Entrepreneurs With A Life! 39

  40. EDAWN “Product Improvement” • Promoting A VisionFor A Knowledge-Based Economy Embracing UNR As The Economic Engine Of Our Future • Attract Business / Employers To Downtown • Working With Partners To Establish“A Place” For Entrepreneurs Downtown • Work With Partners On Air Service • Promote A Business And Quality Of Life Message To improve Our Image / Brand

  41. Diversified Business Marketing Campaign

  42. 2013 Was A Very Good Year For Quality Job Attraction, Retention/Expansion & Entrepreneurial Job Creation ! So Where Do We Go In 2014?

  43. 2014 Adjustments To Our Plan • More Of The Same For Attraction / Retention • Increased Engagement With Entrepreneurs • Attraction Program Targeting Entrepreneurs • Continued Support Of Smarter Regions Effort • Plan To Capitalize On UAV Testing Designation • Support / Engagement With UNR / DRI Efforts • More Community Support Engagement With EDAWN

  44. So What… Can You DoTo Help? 44

  45. Maintain / Improve Business Climate • Keep Business Costs Down • Be Highly Responsive To Employer Needs • Adequately FundEducation & Infrastructure • Work Together – Coordinate/Collaborate • Accelerate Downtown Revitalization • Engage And Support UNR – It’s Our University • Support Local Businesses “Think Local” 45

  46. Invest In EDAWN To Grow The Pie? A. Is Your Marketing Program Designed To Grow Your Business At The Expense Of Others? B. EDAWN's Efforts Market The Entire Community To Grow The Pie So All Benefit C. Support EDAWN’s Branding And Marketing Efforts

  47. Regional Public / Private Partners 47

  48. Special Thanks To The EDAWN Board,Our InvestorsAnd The EDAWN Staff

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