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This document outlines the key points from the Independent Economic Development Task Force Meeting #12 held on November 6, 2013. The agenda included reviewing previous meeting notes, discussing agency progress since the last meeting, analyzing data regarding economic development perceptions, and gathering public comments. Participants focused on identifying the effectiveness of organizations in promoting Transylvania County's economic interests and addressed various questions related to business competitiveness and investment appeal. Key decisions and plans for future meetings are summarized.
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Independent Economic Development Task Force Meeting #12 November 6, 2013 K. Gleasman
Agenda • Review and approve meeting notes from Mtg #11 • Status agency discussions (progress since 10/30/13) – all • Analyze data for questions 1 – 6 (section 1) - all • Other topics from task force • Public Comment –Summarized Input • Adjourn
Comparing business friendliness Henderson vs Transylvania Counties • Mark Peddy has a conflict with tonight’s meeting – wants to meet with us to describe his experiences
Status for agency discussions • On average in less than 5 minutes per; focus on progress since 10/23/13…. • Any issues? • Other progress relative to these discussions
Data analysis – Perceptions of Current Effort Question 1: Is there one organization which is most effective in economic development for Transylvania County? Why?
Data analysis – Perceptions of Current Effort • Question 2: How good has our community been at economic development, i.e. how far off the mark are we? • Using a post-it note; summarize words from the organization for which you have primary responsibility. • We will group recurring themes • Write down questions we have for “your” organization
Data analysis – Perceptions of Current Effort • Question 3: What is your organization best at in supporting economic development • Using a post-it note; summarize words from the organization for which you have primary responsibility. • We will group recurring themes • Write down questions we have for “your” organization
Data analysis – Perceptions of Current Effort • Question 4: Do you view Transylvania County as a competitive place to do business? If not why? • Using a post-it note; summarize words from the organization for which you have primary responsibility. • We will group recurring themes • Write down questions we have for “your” organization
Data analysis – Perceptions of Current Effort • Question 5: What messages about Transylvania County have the most appeal to the people outside the community you interact with? Are they the same for those who live here? • Using a post-it note; summarize words from the organization for which you have primary responsibility. • We will group recurring themes • Write down questions we have for “your” organization
Data analysis – Perceptions of Current Effort • Question 6: What are the advantages to investing in Transylvania County versus somewhere else in WNC? • Using a post-it note; summarize words from the organization for which you have primary responsibility. • We will group recurring themes • Write down questions we have for “your” organization
Mission statements • Come prepared next week, 11/13, with mission/vision statements for “your” organizations
Public Comment – summarized input • Please send public comment to: • email address: TCIEDTF@gmail.com or • Or provide in writing prior to or after each meeting. • New email will be accessible to all task force members • Karen Gleasman will ensure written comments are passed on to all task force members • No input received last week
Targeted completion date – after upgrade • Oct 23, 2013: propose process to analyze agency data • Oct 30, 2013: finalize process to analyze agency data (retreats?) • October 31, 2013: most all agency input received • November (with holidays): analyze data • December: propose/evaluate organization construct alternatives • End of January: Interim report to community – Brand, mission, vision, brainstormed list of targeted businesses, and EDO construct • Feb 12 – finalize org construct, brand, mission, vision • March – Select targeted businesses, develop initial marketing plan • March – Final report prepared/presented to community and commissioners
Definition of Economic Development “Economic development is a process by which a community creates, retains, and reinvests wealth, and improves the quality of life.” David Dodson, MDC Inc, Chapel Hill, NC
Decision criteria for EDO decision • Economic development is a process by which a community creates, retains, and reinvests wealth, and improves the quality of life • Covers all seven elements of solid approach to economic development • Recruitment – soliciting companies to come or start here, includes marketing • Existing Industry Effort • Small Business Development • Entrepreneurial Development • Workforce Development – EDO consolidates needs and facilitates solutions • Economic Culture Creation • New business “ambassador” to smooth way with permitting, regulations • Vision/Leadership/Accountability – includes metrics related to mission and funding • Anticipated good return on financial investment • Great utilization of human capital including terrific volunteer base • User friendly – east to access, explain, and understand • Active engagement of the whole of the county • Clear communication and cooperation amongst parts
Roadmap to complete 3 tasks • Have brainstormed list of 24 targeted industries • Reviewed and modified: • TC Assets • TC Challenges • Targeted companies profile • Approach to econ development • Branding • Marketing 9/11/2013 underway