Transcript Goals to achieve by the year 2020

COLUMBUS REGION
OVERVIEW
ABOUT COLUMBUS 2020
Mission
Generate opportunity and build capacity for economic growth in the Columbus Region
Goals to achieve by the year 2020
 Add 150,000 net new jobs
 Increase personal per capita income by 30 percent
 Generate $8 billion of capital investment
 Be recognized as a national leader in economic development
Plan
 Retain and expand companies and industries that call the Columbus Region home
 Attract economic base employers to the Columbus Region
 Accelerate high-growth enterprises by connecting entrepreneurs with the economic development
system
 Improve civic infrastructure to enhance the economic development environment
10-YEAR GOALS
Generate 150,000 net new jobs
Generate $8 billion in new capital investment
109,993 as of October 2015
Pace: 191,292
$6.32 billion as of October 2015
Pace: $10.83 billion
Raise personal per capita income by 30 percent
Earn recognition as a
leader in economic development
14 percent increase as of December 2013*
Pace: 59 percent
*Data lags approximately 18 months
No. 2 “best in class”
regional economic development organization
-Development Counsellors International
REGIONAL ECONOMY
Change in regional employment, January 2010 to June 2015
11.77%
110,700
Central (Columbus Region)
8.20%
60,700
Southwest (Cincinnati)
8.20%
44,7000
Northwest (Toledo)
5.84%
32,700
West (Dayton)
5.33%
102,900
Northeast (Cleveland, Akron)
Southeast (Appalachia)
3.89%
15,700
Source: Ohio LMI, U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics
THE JOBSOHIO NETWORK
REGIONAL GROWTH PARTNERS
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Attraction of market-leading companies
Expansion and retention of existing
businesses
Acceleration of high-growth companies
Marketing and research
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Expert advice for venture acceleration
Access to capital
Incubator services
Growth of entrepreneurial ecosystem
through targeted corporate networks
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Government relations
Talent strategies
Logistics industry growth
Market research
Business connections
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Advancing economic development
Improving education
Supporting arts and culture
Enhancing the Columbus image
Promoting philanthropy
CITY OF COLUMBUS PARTNERS
Incentives, loans, small business resources,
Brownfields, building and zoning, utilities
ECDI, CCDC, CDDC,
One-on-one advising, training/events,
specialty service (international trade,
Latino SBDC, manufacturing and
technology
Workforce Resources
KEY SECTORS
INTERNATIONAL BUSINESS
HEADQUARTERS & BUSINESS SERVICES
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Home to more than 450 international firms
employing 54,000 workers
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Home to 15 Fortune 1000 headquarters—seventh among major
metros
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Japan, United Kingdom and Canada are the
largest foreign investors
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Office space is 53% cheaper than Chicago and 75% less than New
York
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$11.3 billion in goods and services exported
in 2013, a 61% increase from 2003
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More than 13,200 are employed in apparel retail company office and
distribution headquarters
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In 2012, headquarters and business services accounted for $23.8
billion in economic output—nearly a quarter of the regional economy
MANUFACTURING
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Home to 1,700 manufacturers
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48% increase in productivity between 2001
and 2014 (output per worker)
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3.1% private unionization rate, well below the
6.6% for the U.S.
SCIENCE & TECHNOLOGY
LOGISTICS
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Ranked No. 1 among inland and coastal ports in population concentration
within a one-day drive
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KPMG ranks Ohio No. 2 in effective tax rate for new logistics operations
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FedEx Air, FedEx Ground, UPS and UPS Supply Chain Solutions have
operations in the Region
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More than 2,000 science and technology
establishments
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The Norfolk Southern Heartland Corridor and CSX Gateway link the
Region to multiple deep-water east coast ports
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40% of the Region’s population holds an
associate degree or higher
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CSX intermodal allows goods to bypass Chicago
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Home to several of the world’s foremost
research institutions
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Battelle and OSU spend annually a combined
$6B in research
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MID-DECADE REVIEW
More than 500 companies have expanded or located in the Columbus Region since Columbus 2020’s
launch.
COLUMBUS REGION RANKINGS
2015 RESULTS
111
7,315
projects closed
new jobs committed
$2.19 billion
Investment
committed
2015 MAJOR SUCCESSES
2016
How did we start the year?
 154 active projects in the pipeline
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21% expansion; 68% attraction
41% mfg; 30% office/HQ/back office/call center; 15% L&D
5 first time visits already scheduled for January
Missions to Europe, China, Toronto in January
Over 50 Domestic or Int’l Business Development Trips in 2016
Refocus on existing industry
Rollout of SiteOhio Program
Rollout of JobsOhio Redevelopment Pilot Program
Rollout of JobsOhio Customized Workforce Training Program
Release of Healthcare IT report
Continue to focus on regional priorities
EMERGING REGIONAL PRIORITIES
Meeting the
workforce
challenge
Increasing
global trade
and investment
Developing
competitive
infrastructure
Accelerating
high-growth
opportunities
Increasing
manufacturing
competitiveness
COLUMBUSREGION.COM
ACTIVITY DASHBOARD
Real Time Statistics
COMPANY ANNOUNCEMENTS
ECONOMIC DEVELOPMENT
Now its your turn…
COLUMBUS 2020
PROJECT MANAGEMENT
Columbus 2020 services
Financial Incentive types
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Customized research
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Customized site and building tours
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Workforce analysis
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Coordination of peer company meetings
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Guiding international business executives
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through issues and considerations specific to
foreign-owned enterprises
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Incentive package coordination with local
and state officials
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Tax credits
 Ohio Job Creation Tax Credit
 Municipal income tax credits
Loans
 Fixed asset investment
Grants
 Fixed asset investment
 Workforce training
 Infrastructure
Tax Abatements – real property
improvements
 Enterprise Zone
 Community Reinvestment Area
JEDD - infrastructure
TIF - infrastructure
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THE PROSPECT
BrewDog – Scottish craft beer
brewer in search of a site for
their first USA production
facility
 Funding – Equity for Punks
 14,500 Equity Investors
 Company background
 Founded in 2007
 350 employees
 Ships beer to 55
countries
 28 craft beer bars
around the world
PROPOSED PROJECT
 125 new jobs
 Average wage $20/hour
 Investment
 30 acres
 70,000-250,000 sf
 Company prefers existing building. Willing to entertain new
construction
 Company being courted by several other non-Ohio locations
EXERCISE – 10 MINUTES
 What next?
 Columbus 2020 presented 5 sites and a high level incentive package
 Company plans to visit (share 5/6/2015 itinerary)
 Breakouts of
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Mayor – table 1
School Board President - table 2
Workforce Service Provider – table 3
Local Economic Developer – table 4
Company leadership – table 5
 At each table develop list of questions, concerns, selling points
• What research is required or what additional information do you require to determine if
this is a good project for your community based on your role?
• Who are your constituents?
• What direct or indirect impact will this project have on your area of responsibility or
interest?
• What information will you present to win the project?
• Who should be present for the company meetings in your community?
EXERCISE
Table Report Out
Select one representative from each table to share your findings
Actual Project Report Out
Katie Murphy will share actual project information from perspectives of
both project manager and company
 What were company concerns and questions?
 What were community concerns and questions?
 What were main obstacles?
 What were key selling points?
 What’s next for BrewDog?
CONTACT US
Columbus 2020
Patty Huddle, SVP Ec. Dev.
[email protected]
+1 614-225-6065
BrewDog
Katie Murphy, Expansion Matriarch
+1 614-400-3077
[email protected]
columbusregion.com