jobs and economic development plan

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Page 1: Jobs and Economic Development Plan

                                                                                                     

Paid  for  by  Smiley  for  Mayor.  Sally  Lapides,  Treasurer.    

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EXECUTIVE  SUMMARY    

Brett  Smiley  has  the  leadership  and  vision  to  grow  the  Providence  economy  and  create  well-­‐paid  jobs  with  good  career  paths.  Brett  opened  his  own  small  business  in  Providence  seven  years  ago,  and  in  the  midst  of  an  economic  recession,  he  has  grown  his  company,  hired  new  employees,  opened  additional  offices  and  turned  a  profit  every  year.      When  Brett  was  first  appointed  to  Chair  the  Providence  Water  Supply  Board,  there  was  a  significant  issue  with  spiraling  workers’  compensation  costs.  Providence  Water  had  a  culture  in  which  accidents  were  too  common  and  many  sought  to  abuse  the  system,  and  Brett  set  out  to  change  it.  He  restructured  management  and  provided  them  with  the  guidance  and  support  they  needed,  and  together  they  created  a  culture  in  which  employees  were  incentivized,  managed  and  rewarded  for  excellence.  As  a  result,  Providence  Water  has  now  gone  650  days  without  a  lost  time  accident  in  its  most  dangerous  department  and  has  reached  unprecedented  levels  of  productivity  that  saved  the  rate  payers  money  while  still  providing  the  best  water  in  the  state.    Brett’s  “Jobs  and  Economic  Development  Plan”  is  centered  on  the  idea  of  changing  the  culture  in  City  Hall  and  creating  a  city  government  that  better  serves  Providence  businesses,  and  he  will  do  so  with  emphasis  on  seven  areas:                                  By  focusing  on  Providence’s  strengths  –  world-­‐class  hospitals  and  universities,  homegrown,  neighborhood  businesses,  arts,  culture  and  design,  a  working  waterfront  and  more  –  Brett  will  run  a  City  Hall  that  supports  the  right  businesses  in  the  right  ways.    Brett  knows  what  it  takes  to  grow  a  business,  and  he  knows  what  it  takes  to  grow  a  city.  He’ll  get  it  done,  and  he’ll  do  it  with  integrity  and  transparency  above  all  else.  

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INTRODUCTION       As  Mayor,  Brett  Smiley  will  be  the  Chief  Economic  Development  Officer  of  Providence.  After  years  of  tax  increases  and  budget  cuts,  our  only  way  forward  is  through  economic  growth.  By  attracting  and  sustaining  businesses,  developing  and  supporting  an  educated  and  skilled  workforce,  bolstering  key  industries  and  economic  strengths,  and  operating  a  city  government  that  assists  rather  than  hinders  growth,  we  can  improve  our  local  economy  and  re-­‐establish  Providence  as  a  hub  of  innovation,  industry,  and  intellectual  capital.  Most  of  all,  we  can  create  jobs  with  career  paths  and  incomes  with  which  people  can  raise  a  family.       Some  people  joke  that  Rhode  Island  all  too  often  is  the  last  state  to  experience  an  economic  boom  but  the  first  state  to  experience  a  recession.  But  this  has  not  always  been  so,  especially  for  Providence.  Throughout  much  of  the  19th  and  into  the  early  20th  Centuries,  Providence  was  a  leading  manufacturing  center  in  the  United  States,  famous  for  its  base  metals  and  machinery,  jewelry  and  silverware,  and  textile  industries.  In  1867,  the  water  tube  boiler  was  invented  and  patented  by  Providence’s  own  George  Babcock  and  Stephen  Wilcox.  By  the  1880’s,  Babcock  and  Wilcox  boilers  were  powering  Edison  power  stations  in  New  York  City,  Edison  laboratories  in  New  Jersey,  and  President  Theodore  Roosevelt’s  “Great  White  Fleet.”    Thomas  Edison  himself  wrote  that  a  Babcock  and  Wilcox  boiler  was,  “the  best  boiler  that  God  has  permitted  man  yet  to  make.”       Like  Babcock  and  Wilcox,  much  of  our  manufacturing  base  moved  away  or  dwindled  during  the  20th  Century.  But  this  same  kind  of  Providence-­‐based  ingenuity  and  entrepreneurial  excellence  once  again  can  take  hold  in  our  city  in  the  21st  Century.  What  Providence  needs  is  a  clear  vision,  leadership,  and  a  plan  to  get  there.         A  lot  of  great  work  is  already  being  done.  Numerous  initiatives  and  organizations  are  constantly  discussing  ways  to  improve  Providence’s  economy.    

• Under  Mayor  Taveras,  the  City  of  Providence  has  been  working  to  re-­‐establish  the  Innovation  Investment  Program  for  start-­‐up  businesses,  rewrite  the  city’s  zoning  code,  put  more  city  permitting  services  online,  and  create  a  grant  program  to  pay  for  small  business  storefront  improvements.  

• The  Providence  Plan  brings  together  state,  city,  private  sector,  and  academic  partners  to  improve  the  economic  and  social  well-­‐being  of  Providence  through  thoughtful  data  collection  and  innovative  service  programs  that  fill  unmet  community  needs.  

• The  Founders  League  supports  and  gathers  Providence’s  start-­‐up  community,  offering  entrepreneurs  space,  support,  and  educational  programming.  

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• The  Rhode  Island  Foundation’s  “Make  It  Happen  RI”  and  “It’s  All  in  Our  Backyard”  initiatives  highlight  the  strengths  of  the  Rhode  Island  economy,  including  Providence,  and  chart  an  action  agenda  to  identify  local  market  opportunities.  

• Greater  RI  is  a  collaboration  between  the  Greater  Providence  Chamber  of  Commerce,  the  Economic  Development  Foundation  of  Rhode  Island,  and  Commerce  RI,  the  state  economic  development  arm,  to  highlight  the  state’s  economic  advantages  and  improve  the  state’s  business  climate.    

• The  College  and  University  Research  Collaborative  develops  research  that  is  informed  by  the  concerns  and  priorities  of  policy  leaders  and  produces  findings  that  can  be  directly  applied  to  specific  policy  challenges.  Currently,  state  academics  are  researching  efforts  to  bring  back  advanced  manufacturing  and  examining  the  impact  of  the  arts  and  culture  on  local  economies  in  order  to  determine  appropriate  public  investments  in  them.  

• The  Rhode  Island  Quality  Institute  harnesses  leaders  in  Rhode  Island’s  hospitals,  health  insurers,  consumer  groups,  businesses,  and  others  to  improve  the  state’s  health  care  system,  especially  in  the  areas  of  health  care  information  technology.  

 As  Mayor,  Brett  Smiley  will  collaborate  closely  with  these  and  other  like-­‐

minded  organizations  and  build  upon  their  initiatives  with  a  Providence-­‐specific  focus.  To  bring  about  an  economic  renaissance  in  Providence,  the  Smiley  Administration’s  “Jobs  and  Economic  Development  Plan”  will  focus  on  the  following  key  areas:      

1) Making  city  government  work  for  business.      

2) Bolstering  our  “meds  and  eds”  to  create  a  base  of  steady  jobs,  trained  employees,  and  lifelong  residents.  

 

3) Turning  STEM  into  STEAM:    Infusing  our  growing  Knowledge  Economy  with  the  city’s  arts  and  design.  

 

4) Anchoring  Providence’s  working  waterfront  to  the  city’s  economic  growth.    

 

5) ACT  Providence:    Promoting  Providence’s  arts,  cultural,  and  tourism  industries.  

 

6) Advocating  on  behalf  of  the  Greater  Providence  region.    

7) Supporting  Providence’s  neighborhood  businesses.      

Of  course,  an  important  key  to  Providence’s  economic  resurgence  is  needed  improvement  of  the  Providence  Public  Schools.  The  reputation  of  Providence’s  schools  and  the  achievement  of  its  students  will  help  attract  or  deter  businesses  from  locating  and  growing  in  Providence.    Brett’s  plan  for  improving  Providence’s  schools  will  be  unveiled  later  this  year.    

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MAKING  CITY  GOVERNMENT  WORK  FOR  BUSINESSES    

As  Providence’s  Chief  Economic  Development  Officer,  Mayor  Smiley  will  ensure  that  City  Hall  is  working  for  Providence’s  businesses.  He  will  focus  on:    

• Changing  the  way  City  Hall  does  business.  The  biggest  complaint  about  Providence  city  government  is  that  it  

lacks  a  customer  service  focus.  Too  many  basic  systems  and  record  keeping  have  yet  to  be  automated,  and  all  too  often,  finding  and  getting  the  right  city  employee  to  locate  a  record,  pull  a  permit,  or  conduct  an  inspection  is  like  pulling  teeth.  It  shouldn’t  be  this  hard!  

As  Mayor,  Brett  will  listen  closely  to  what  City  Hall  customers  have  to  say.  He  will  prioritize  the  systems  that  need  to  be  automated  in  order  for  a  city  in  the  21st  Century  to  run  effectively.  In  this  day  and  age,  everything  should  be  online  –  any  city  public  record,  permits,  inspection  applications,  title  searches,  licensing  applications,  and  the  like.  In  addition,  residents  and  businesses  ought  to  be  able  to  schedule  online  certain  city  services,  such  as  inspections.  

Brett  will  require  that  city  leaders  and  employees  implement  customer-­‐friendly  ways  of  doing  business,  building  in  training  for  improving  customer  service  within  each  city  agency  and  into  labor  contracts  and  management  systems.  Mayor  Smiley  will  challenge  each  agency  to  develop  clear  roadmaps  to  help  businesses  and  residents  navigate  quickly  to  the  information,  form,  online  tool,  or  human  being  they  need  in  order  to  complete  their  transaction  with  the  city.  

 • Closely  coordinating  public  and  private  entities  responsible  for  

helping  Providence  be  a  better  place  to  do  business,  including  the  Providence  Economic  Development  Partnership,  the  Department  of  Economic  Development,  the  Planning  Department,  the  seven  planning  and  development  commissions,  the  Department  of  Inspection  and  Standards,  the  various  local  and  city  chambers,  RIPTA,  and  others.  Rather  than  overseeing  a  fragmented  collection  of  independent  agencies  that  control  the  economic  development  process,  Brett  will  work  to  develop  a  more  seamless  system  that  serves  the  needs  of  our  businesses.  

Providence  can  do  better.  For  example,  the  state  law  that  established  the  I-­‐195  Redevelopment  Commission  gave  it  control  of  local  land-­‐use  permitting,  allowing  it  to  offer  a  one-­‐stop  shopping  permit  process.  As  Mayor,  Brett  will  challenge  city  planners,  the  Zoning  Board,  city  licensing  agencies,  and  others  to  develop  similarly  streamlined  approaches  to  business  and  economic  development.  By  eliminating  municipal  red  tape  and  developing  a  business-­‐centered  approach  to  economic  development,  the  city  can  speed  up  approval  processes  and  make  Providence  a  far  friendlier  place  to  do  business.  

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• Creating  and  proactively  using  a  real-­time  inventory  of  Providence’s  business  assets  so  that  Providence  can  do  a  better  job  of  recruiting  and  expanding  businesses.  This  inventory  should  include  an  understanding  of  parcels  of  developable  land,  undeveloped  opportunities  (such  as  Brownfields),  available  retail  and  office  space,  assessments  of  retail  and  other  markets,  assessments  of  Providence’s  workforce,  and  information  about  growing  clusters.  

More  importantly,  the  Smiley  Administration  will  put  that  information  to  better  use.  Wherever  there  is  a  vacant  building  or  lot,  city  officials  will  find  and  reach  out  to  their  owners  to  ascertain  how  they  intend  to  use  the  property  and  develop  plans  to  ensure  they  follow  through.  In  the  case  of  certain  vacant  lots,  the  city  should  work  with  owners  to  pursue  strategies  to  put  the  property  to  better  use,  such  as  build  small  pocket  parks  or  offer  up  space  for  farmer's  markets  or  urban  garden  projects.  In  the  case  of  absentee  or  grossly  underperforming  land  owners,  the  full  weight  of  the  city's  regulatory  authority  will  be  brought  to  bear  and  will  enforce  vacancy  taxes,  nuisance  abatement  actions,  tax  liens,  and  the  like  until  the  owners  make  better  use  of  the  property  or  find  new  owners  for  it.  

 • Investing  in  infrastructure  that  will  improve  the  city’s  attractiveness  

to  businesses,  including  public  transportation,  roads  and  bridges,  energy,  parking,  and  telecommunications.  Providence  is  benefitting  from  some  recently  completed  infrastructure  projects,  such  as  the  I-­‐Way  relocation  of  the  I-­‐195  and  I-­‐95  intersection.  But  there  are  always  opportunities  to  bolster  other  infrastructure,  including,  but  not  limited  to:  

o Working  with  National  Grid  and  other  providers  to  enhance  the  energy  efficiency  of  city  buildings  and  deploy  renewable  energy  systems  throughout  the  city.  

o Developing  more  parking  in  downtown  Providence.  o Exploring  opportunities  to  create  more  green  spaces,  including  

pocket  parks  and  areas  along  the  waterfront.  o Working  with  RIPTA  to  enhance  public  transportation  into  and  

around  Providence.  o Ensuring  broadband  accessibility  in  every  part  of  the  city.  o Keeping  surface  streets  clean  and  investing  in  preventive  

maintenance  to  keep  small  potholes  and  cracks  from  becoming  larger  problems.  

As  mayor,  Brett  will  explore  innovative  and  effective  ways  to  fund  city  infrastructure  projects,  such  as  working  with  private  sector  investors  to  consider  the  establishment  of  a  public  infrastructure  bank.      

• Coordinating  public  works  projects  and  street  closures.    An  important  part  of  providing  better  and  smarter  customer  

service  is  coordinating  public  works  projects  so  that  they  do  the  least  amount  of  harm  to  our  businesses  and  do  not  waste  precious  taxpayer  

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dollars.  For  example,  rampant  street  closures  did  a  great  deal  of  harm  to  Hope  Street  merchants  last  summer.  And  far  too  often,  utilities  will  tear  up  recently  paved  city  streets  in  order  to  do  their  work.  To  limit  problems  like  these,  the  City  of  Chicago  uses  an  Office  of  Project  Management  to  coordinate  all  city  public  works  projects  and  street  closures.  While  a  new  office  may  not  be  necessary  in  a  city  of  our  size,  under  Mayor  Smiley,  Providence  city  agencies  will  do  a  better  job  of  coordinating  public  works  projects,  utility  work  by  entities  like  National  Grid,  Providence  Water,  Verizon,  and  Cox,  and  street  closures.    

• Aligning  limited  city  incentives  with  key  economic  development  goals.    

Like  any  other  city,  Providence  wants  to  support  business  expansions  and  start-­‐ups  and  attract  businesses  that  will  create  high  wage  jobs,  provide  good  benefits  to  employees,  and  relocate  their  corporate  headquarters  to  Providence.  Most  public  policy  research  suggests  that  the  majority  of  business  incentives  offered  under  the  guise  of  supporting  job  creation  often  cost  more  than  they  produce.  We  need  look  no  further  than  the  38  Studios  debacle  to  realize  that  these  incentives,  when  poorly  vetted  and  offered  for  political  purposes,  can  lead  to  terrible  taxpayer  results.  To  the  extent  that  Providence  does  use  business  incentives  to  encourage  job  creation,  Mayor  Smiley  will  ensure  that  they  are  used  appropriately  and  transparently,  consistent  with  the  city’s  desire  to  attract  companies  that  create  high  wage  jobs  with  good  benefits.  Brett  will  also  ensure  that  existing  incentives  support  neighborhood  businesses,  not  just  those  operating  downtown.    

• Increasing  city  purchases  from  local  businesses  through  strategic  sourcing.    

As  Mayor,  Brett  Smiley  will  direct  city  agencies  to  purchase  more  goods  and  services  from  appropriately  qualified  local  businesses  and  vendors.  By  using  strategic  sourcing  strategies  that  help  link  local  businesses  that  can  fill  city  agency  needs,  the  city  can  help  small  local  businesses  to  prosper.  Similarly,  Mayor  Smiley  will  challenge  city  agencies  to  integrate  local  hiring  and  processing  into  the  city’s  supply  chains.  Finally,  in  PILOT  negotiations  with  Providence’s  non-­‐profit  and  academic  institutions,  Mayor  Smiley  will  encourage  our  hospitals,  colleges,  and  universities  to  commit  to  using  Providence-­‐sourced  labor  and  goods.    

• Taking  politics  out  of  Providence  Economic  Development  Partnership  loans.    

The  PEDP  is  supposed  to  be  the  economic  development  policy-­‐making  body  of  the  City  of  Providence.  One  of  its  core  functions  is  to  make  loans  to  local  businesses  to  stimulate  their  growth  and  the  health  of  the  local  economy.  Unfortunately,  its  loan-­‐making  function  has  swung  from  

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two  extremes.  Too  often,  it  has  made  loan  decisions  based  on  highly  political  reasons,  not  on  appropriate  business  grounds.  At  other  times,  it  has  been  so  cautious  to  avoid  being  criticized  for  playing  politics  that  too  few  loans  get  awarded,  and  this  critical  source  of  capital  for  Providence  businesses  sits  on  the  sidelines.  As  it  is  currently  structured,  the  PEDP  is  not  fulfilling  its  mission.  

As  Mayor,  Brett  will  work  with  the  business  and  financial  community  to  establish  a  fair,  impartial  way  to  turn  the  Partnership’s  loan-­‐making  decisions  over  to  knowledgeable,  independent  practitioners  who  are  in  the  business  of  evaluating  and  loaning  funds  to  worthy  growing  business  ventures.  By  taking  the  politics  out  of  PEDP’s  loan-­‐making  function,  Brett  will  return  the  PEDP  to  its  original  intent  of  supporting  local  growing  businesses  and  ensuring  that  the  loans  are  re-­‐paid  in  a  timely  manner.  This,  in  turn,  will  allow  those  loan  funds  to  be  used  to  support  other  businesses.  

This  new  revolving  loan  function  may  be  staffed  within  the  existing  Partnership  program,  or  it  could  be  outsourced  to  a  vendor  with  the  right  experience,  skills,  capacity,  and  understanding  to  manage  these  revolving  loans  within  parameters  established  by  the  Mayor  and  the  experienced  business  leaders  who  sit  on  the  Partnership’s  Board  of  Directors.  The  key  difference  is  that  Mayor  Smiley  will  not  be  directing  how  or  with  whom  it  chooses  to  make  its  loans.  By  taking  the  politics  out  of  these  loan  award  decisions,  Mayor  Smiley  will  re-­‐focus  the  Providence  Economic  Development  Partnership  on  its  true  mission  –  helping  to  set  the  economic  development  direction  of  the  City  of  Providence  and  making  fiscally-­‐responsible  loans  that  provide  businesses  and  key  industries  with  job  creating  and  growth  potential  with  the  capital  they  need  to  thrive.  

With  better  underwriting,  there  will  be  lower  default  rates.  Using  capital  more  efficiently  frees  up  funds  to  allow  PEDP  to  expand  its  offerings.  The  loan  system  should  not  only  focus  on  large  and  midsize  loans  but  also  on  micro-­‐loans  accompanied  by  training  and  technical  assistance.  

Brett’s  full  plan  to  reform  the  Providence  Economic  Development  Partnership  is  available  at  SmileyForMayor.com/PEDP.  

 • Ensuring  equal  access  for  minority-­owned  and  women-­owned  

businesses  and  enforcing  First  Source.  Living  in  a  majority-­‐minority  city  that’s  50%  women,  it’s  shameful  

that  we  have  a  difficult  time  meeting  the  already-­‐low  requirements  for  minority  and  women-­‐owned  businesses.  Providence’s  diversity  is  its  strength,  and  the  people  who  do  work  for  the  city  should  be  representative  of  the  city  itself.  Mayor  Smiley  will  put  all  government  contracts  and  all  qualified  vendors  online  and  support  a  strong  MBE  &  WBE  Coordinator  to  ensure  equal  access  so  that  business  leaders  don’t  need  to  “know  a  guy”  to  find  out  about  an  opportunity  for  work.  

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Likewise,  Mayor  Smiley  will  fight  back  against  unemployment  and  enforce  the  First  Source  Ordinance  by  streamlining  the  list  online,  making  it  readily  available  to  city  businesses,  and  ensuring  that  unused,  appropriated  funds  remain  allocated  to  First  Source  rather  than  being  swept  into  the  General  Fund.  

 • Creating  an  Office  of  Strategic  Partnerships  to  cultivate  public  and  

private  resources  and  partnerships  that  benefit  Providence.  As  previously  announced,  Mayor  Smiley  will  establish  this  office  in  

order  to  seek  out  opportunities  for  collaboration  and  to  provide  information  and  training  to  non-­‐profits  and  city  agencies  on  grant  writing.  The  Office  will  cultivate  these  strategic  partnerships  systematically,  rather  than  relying  on  an  ad  hoc  approach  as  typically  is  done.  The  Office  of  Strategic  Partnerships  will  include  an  Advisory  Board  with  representation  from  community-­‐based  non-­‐profits,  foundations,  and  the  business  community  to  provide  feedback  and  guidance  on  its  work.    

 BOLSTERING  PROVIDENCE’S  “MEDS  AND  EDS”  

 Providence  is  blessed  with  world-­‐renowned  institutions  of  higher  education,  

including  Brown  University,  the  Rhode  Island  School  of  Design,  Johnson  and  Wales  University,  Providence  College,  the  University  of  Rhode  Island,  and  Rhode  Island  College.  These  institutions  breathe  life  into  our  city  each  and  every  day,  employing  thousands,  creating  opportunities,  and  educating  talented  students,  many  of  whom  we  hope  will  decide  to  stay  in  Providence,  work  in  Providence,  make  homes  in  Providence,  and  raise  families  in  Providence.  As  Mayor,  Brett  Smiley  will  seek  to  strengthen  city  partnerships  with  these  colleges  and  universities.  These  partnerships  cannot  be  one-­‐sided,  simply  asking  these  institutions  what  more  they  can  do  for  Providence.  Our  city  also  must  do  what  it  can  to  support  and  strengthen  these  institutions.    

In  particular,  Mayor  Smiley  will  work  tirelessly  to  encourage  the  development  of  technological,  communications,  biotechnology,  and  other  discoveries  at  Providence  higher  education  institutions  that  can  lead  to  entrepreneurial  start-­‐ups  that  will  take  root  and  flourish  in  Providence.    

• 20/20  Challenge:  One  of  the  best  ways  Providence  can  grow  its  economy  is  to  invest  in  the  many  smart,  well-­‐educated,  and  well-­‐trained  graduates  of  our  institutions  of  higher  education.  As  Mayor,  Brett  will  work  with  our  leading  colleges  and  universities,  along  with  the  best  of  our  business  and  foundation  communities,  to  create  and  support  the  20/20  Challenge.  The  goal  of  Brett’s  20/20  Challenge  will  be  to  encourage  20  percent  of  Brown,  RISD,  Johnson  &  Wales,  and  PC  graduates  to  start  businesses  within  20  miles  of  

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Providence  within  20  years  of  graduation.  In  addition  to  working  directly  with  each  institution,  Brett  will  work  with  the  Rhode  Island  Science  and  Technology  Advisory  Council  (STAC),  the  Rhode  Island  Experimental  Program  to  Stimulate  Competitive  Research  (RI  EPSCoR),  the  Providence  entrepreneurial  community,  angel  networks,  and  others  to  develop  strategies  that  best  support  this  goal.  

 As  Mayor,  Brett  Smiley  also  wants  to  cultivate  and  support  our  growing  

health  care  and  medical  cluster.  Providence  is  proud  to  be  the  home  of  health  care  giants  like  Lifespan,  five  world-­‐class  hospitals,  and  numerous  research  centers.  But  increasingly,  Providence  also  is  home  to  small  firms  that  are  doing  exciting,  cutting-­‐edge  work  in  biotechnology,  life  sciences,  and  personal  health.  For  example,  EpiVax  Inc.,  a  biotech  firm  in  the  Knowledge  District,  is  emerging  as  an  innovator  in  computational  immunology.  It  feeds  data  into  computers  that  apply  mathematical  approaches  with  the  goal  of  developing  vaccines  that  can  treat  diseases.  The  Smiley  Administration  will:    

 • Support  the  development  of  a  Health  Sciences  Facility  in  the  

Knowledge  District  that  will  bring  together  university  health  education  programs  and  serve  as  the  home  of  a  major  public-­‐private  partnership  to  develop  a  brain  science  cluster.  We  already  have  some  leading  institutes  in  this  area,  including  Brown  University’s  Institute  for  Brain  Science,  Lifespan’s  Prince  Neurosciences  Institute,  and  the  University  of  Rhode  Island’s  Ryan  Institute  for  Neuroscience.  As  Mayor,  Brett  will  collaborate  actively  with  any  efforts  to  support  brain-­‐related  research,  technologies,  and  clinical  care  within  the  city.    

• Help  entrepreneurs  in  the  health  care  sector  connect  to  capital  and  corporate  partners.    

One  important  strategy  in  the  development  of  a  viable  health  care-­‐related  cluster  is  to  provide  forums  through  which  university  researchers,  entrepreneurs,  venture  capitalists,  and  employees  can  meet  and  begin  to  work  together.  For  example,  MedMates  is  a  Providence-­‐based  healthcare  technology  group  that  fosters  collaboration  between  health-­‐tech  companies,  area  hospitals,  universities,  funders,  and  other  partners.  As  Mayor,  Brett  Smiley  will  support  and  encourage  these  types  of  forums  and  organizations  to  emerge  and  flourish  in  Providence.    

• Working  with  major  employers  to  coordinate  and  design  workforce  development  initiatives  that  prepare  employees  to  meet  the  needs  of  the  growing  health  care  and  life  sciences  industries.    

As  part  of  a  broader  workforce  development  strategy,  Mayor  Smiley  will  meet  with  major  health  care  and  life  sciences  companies,  determine  what  they  most  need  for  future  employee  growth,  and  work  with  area  universities  and  job  training  programs  to  developing  education  and  training  pathways  to  fill  those  gaps.  Some  employers  already  have  

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had  to  develop  training  programs  to  fill  certain  needs.  For  example,  Lifespan’s  five  month  long  Workforce  S.T.A.T.  internship  program  is  designed  to  help  transitioning  unemployed  or  underemployed  Rhode  Islanders  become  certified  nursing  assistants.  Other  major  bioscience  companies  need  highly-­‐skilled  employees  who  can  operate  precision  equipment  in  labs.  As  Mayor,  Brett  Smiley  will  listen  to  employer  needs  and  develop  public-­‐private  partnerships  to  address  those  concerns.  

   

TURNING  STEM  INTO  STEAM    

Lots  of  great  things  already  are  happening  within  Providence’s  Knowledge  Economy.  Providence  features  a  vibrant  start-­‐up  and  entrepreneurial  community.  According  to  the  Founders  League,  Providence-­‐based  start-­‐ups  secured  an  estimated  $140  million  in  financing  in  2013  alone.  Providence  is  home  to  all  sorts  of  small  but  growing  companies  in  critically  important  science,  technology,  and  mathematics-­‐related  fields.  And  through  work  done  by  the  Rhode  Island  School  of  Design,  Brown  University,  and  others,  we  are  seeing  more  entrepreneurial  activity  involving  arts  and  design  than  ever  before.    

To  help  support  this  growing  entrepreneurial  activity  in  these  21st  Century  economic  strengths,  the  Smiley  Administration  will  be:  

 • Helping  accelerators  invest  in  design  start-­ups.  

Unlike  a  traditional  business  incubator,  which  brings  in  an  external  management  team  to  manage  and  develop  an  internally-­‐developed  business  idea,  an  accelerator  offers  entrepreneurs  small  amounts  of  capital  and  mentorship  over  short  durations  of  time  in  exchange  for  a  small  amount  of  equity  in  the  business.  Betaspring  is  a  Providence-­‐based,  mentorship-­‐driven  startup  accelerator  program  for  technology  and  design  entrepreneurs  that  has  seen  enormous  success  since  its  founding.  There  have  also  been  plans  announced  for  a  second  accelerator  in  Providence  called  the  Providence  Design  Forward  accelerator,  which  would  be  launched  as  a  collaboration  between  City  Hall,  RISD,  the  Founders  League,  Rally  Rhode  Island,  and  DesignxRI.  Additionally,  there  is  great  work  being  done  in  Massachusetts  with  MassChallenge,  an  accelerator  that  has  helped  connect  early-­‐stage  entrepreneurs  with  the  resources  and  know-­‐how  needed  to  launch  their  businesses  through  start-­‐up  competitions,  mentoring,  and  ongoing  training  and  networking.  Nearly  500  MassChallenge  alumni  have  raised  a  half  billion  dollars  in  outside  funding,  generated  almost  $200  million  in  revenue,  and  created  4,000  jobs.  This  is  a  best  practice  that  Providence  can  learn  from,  and  whether  the  Providence  Design  Forward  accelerator  comes  to  fruition  or  not,  Brett  Smiley  will  work  with  Betaspring  and  others  to  champion  this  

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kind  of  networked  approach  to  investing  in  and  supporting  Providence’s  design  entrepreneurs.  

 • Attracting  talented  college  graduates  who  want  to  work  for  young  

start-­ups  in  Providence.    As  Mayor,  Brett  will  seek  to  partner  more  closely  with  

organizations  that  help  bring  top  entrepreneurial  talent  to  Providence.  For  example,  Venture  for  America,  a  national  non-­‐profit  fellowship  program  started  by  a  Brown  University  graduate,  sends  top  college  graduates  to  work  with  start-­‐ups  for  a  two-­‐year  period.  Code  for  America  brings  cutting-­‐edge  developers,  designers,  and  researchers  to  cities  for  a  one-­‐year  fellowship  during  which  these  professionals  help  solve  municipal  problems  using  technology.  San  Francisco  recently  partnered  with  Code  for  America  to  create  an  accelerator  for  Web  developers  who  will  create  apps  that  can  enable  that  city  government  to  run  more  effectively.  The  Smiley  Administration  will  do  its  utmost  to  ensure  that  Providence  is  as  attractive  a  place  for  these  young  graduates  to  live  and  work.  Borrowing  an  idea  from  the  City  of  Pittsburgh,  the  Smiley  Administration  will  explore  the  possibility  of  developing  affordable  housing  that  caters  to  these  program  participants.    

• Supporting  efforts  to  establish  a  Center  for  Design  and  Manufacturing.    

Once  a  national  manufacturing  leader,  Providence  once  again  has  an  opportunity  to  showcase  the  intersection  between  manufacturing  and  design.  Last  year,  Rhode  Island  received  a  federal  grant  to  develop  a  Center  for  Design  and  Manufacturing  that  would  help  link  Rhode  Island’s  wealth  of  design  assets,  led  by  RISD,  with  emerging  manufacturing  industries.  Mayor  Smiley  will  commit  his  Administration  to  supporting  the  development  of  this  Center.    

• Encouraging  the  growth  of  the  Maker  Movement  in  Providence.    For  centuries,  Providence  has  been  a  city  of  makers  –  from  

silverware  to  jewelry  to  textiles  to  steam  engines  and  boilers.  3D  printing,  design  software,  and  other  developments  have  the  potential  to  reshape  manufacturing  in  ways  we  can  scarcely  begin  to  imagine.  As  Mayor,  Brett  Smiley  will  seek  out  ways  to  support  and  bring  together  entrepreneurs  and  innovators  to  design,  manufacture,  and  sell  parts  and  products  of  infinite  variety,  scope,  and  scale.  

   

ENHANCING  OUR  WORKING  WATERFRONT    

Going  back  to  our  earliest  colonial  roots,  Providence’s  port  has  been  a  critical  feature  of  the  city’s  economy.  From  robust  maritime  trade  in  the  years  leading  up  to  

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the  American  Revolution  to  the  dredging  of  a  channel  south  of  Fox  Point  to  allow  the  port  to  accommodate  newer,  larger  trading  ships  in  the  1850’s,  Providence’s  port  has  a  long  history  of  supporting  trade  and  commerce  with  other  parts  of  the  eastern  seaboard  as  well  as  countries  abroad.       Today,  Providence’s  working  waterfront  is  a  key  economic  engine  for  the  city,  the  state,  and  New  England.  One  of  only  two  deep-­‐water  ports  in  New  England,  Providence’s  port  generates  $60  million  in  direct  business  each  year  and  an  estimated  $16  million  in  state  and  local  government  revenue.  As  Mayor,  Brett  Smiley  will  champion  strategies  that  support  our  working  waterfront,  including:    

• Emphasizing  Providence’s  short  sea  shipping  advantages.  In  recent  years,  the  federal  Department  of  Transportation  has  

pushed  to  develop  a  more  robust  short-­‐sea  shipping  network.  Shipping  goods  by  barge  or  ship  is  eight-­‐times  more  fuel-­‐efficient  than  tractor  trailers  and  twice  as  fuel-­‐efficient  as  rail.  However,  according  to  the  federal  DOT,  America’s  25,000  miles  of  coastal  and  inland  waterways  move  only  two  percent  of  the  nation’s  domestic  freight,  far  less  than  in  Europe,  where  a  network  of  ports  handle  nearly  40  percent  of  intercontinental  freight  transport.  

As  Mayor,  Brett  Smiley  will  be  a  strong  advocate  to  position  Providence’s  port  as  a  major  New  England  short-­‐sea  shipping  hub.  He  will  pursue  federal  support  for  facilities,  equipment,  infrastructure,  and  contracts  that  enable  the  port  to  be  used  for  short-­‐sea  shipping  purposes.  And  he  will  work  with  the  port  to  sell  its  strengths  and  advantages  to  regional  businesses  that  may  find  it  more  cost-­‐effective  and  timely  to  ship  their  products  and  raw  materials  through  Providence’s  port.  

 • Maintaining  our  competitive  advantage  in  bulk  shipping.  

Providence’s  port  has  made  significant  investments  in  high  capacity  cranes  and  other  technologies  that  enable  the  loading  and  unloading  of  bulk  shipments.  As  Mayor,  Brett  will  defend  this  competitive  economic  advantage  and  advocate  for  continued  growth  in  our  working  waterfront.    

• Developing  strategies  to  support  better  land  use.  The  Smiley  Administration  will  protect  the  zoning  of  Providence’s  

port  for  heavy  industrial  use.  Within  the  next  few  decades,  the  waterline  of  Narragansett  Bay  may  well  approach  Allens  Avenue.  Investing  in  the  development  of  condominiums  and  other  mixed-­‐use  projects,  as  some  have  suggested,  makes  little  sense,  especially  given  the  location  of  the  Fox  Point  Hurricane  Barrier.  As  Mayor,  Brett  will  support  port  land  use  zoning  that  recognizes  these  realities  and  keeps  the  port  functioning  as  an  industrial  area.    

 

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ACT  PROVIDENCE:  PROMOTING  ARTS,  CULTURE  AND  TOURISM    

Providence’s  quality  of  life  is  enhanced  by  its  vibrant  arts  community,  history,  and  amazing  opportunities  for  fine  dining,  entertainment,  and  culture.  As  Mayor,  Brett  Smiley  will  champion  ACT  Providence,  a  new  initiative  to  support,  highlight,  and  market  Providence’s  diverse  opportunities  in  the  Arts,  Culture,  and  Tourism.    

 In  particular,  tourism  plays  an  important  role  in  our  city’s  economy.  State  

support  of  tourism  promotion  and  marketing  has  dwindled  to  a  tiny  fraction  of  what  it  used  to  be,  hampering  an  industry  that  adds  nearly  $3.5  billion  into  the  state  economy  each  year.  As  Mayor,  Brett  will  help  Providence  build  a  vibrant  food  cluster  and  attract  more  visitors  by:      

• Marketing  Providence’s  foodie  culture.  Providence  was  voted  the  top  city  for  food  in  the  United  States  in  a  

Travel  and  Leisure  Magazine  poll  in  2012.  Providence  also  has  more  degreed  chefs  per  capita  than  any  city  in  the  United  States.  Home  to  amazing  restaurants,  suppliers,  and  one  of  the  country’s  leading  culinary  schools,  Providence  ought  to  be  a  prime  destination  for  food  connoisseurs.  As  Mayor,  Brett  will  ensure  that  the  city  does  more  to  market  Providence  as  a  foodie  hub  through  travel  and  tourism  marketing  and  solicitation  of  television  and  media  coverage.      

• Cultivating  a  Food  Cluster.  Just  as  clusters  of  high  tech,  life  sciences,  and  manufacturing  

industries  have  energized  regions  from  Silicon  Valley  to  Route  128,  so  too  could  a  Food  Cluster  bring  entrepreneurship,  jobs,  and  new  business  development  to  Providence.  With  Johnson  and  Wales  serving  as  an  anchor,  Providence’s  emerging  Food  Cluster  will  be  encouraged  and  supported  by  the  Smiley  Administration.  Mayor  Smiley  will  ensure  that  this  cluster  includes  not  just  master  chefs  and  restaurateurs,  but  also  wholesale  providers,  distribution  firms,  artisanal  producers,  culinary  equipment  manufacturers,  farms  throughout  the  state,  fishermen,  aquaculture,  exporters,  and  others.  In  addition,  as  Mayor,  Brett  will  find  ways  to  incorporate  local  sourcing  of  healthy,  fresh  food  into  city  purchases,  such  as  by  the  School  Department.    

• Supporting  entrepreneurial  efforts  to  grow  Providence’s  arts  and  cultural  organizations  and  opportunities.  

Providence  has  a  remarkable  array  of  organizations  and  projects  that  provide  forums  for  arts  and  culture.  For  example:  

o Rally  Rhode  Island  is  a  Providence-­‐based  project  to  showcase  local  entrepreneurs  who  are  doing  amazing  work  in  the  arts,  design,  and  food  and  beverage  industries.  

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o AS220  provides  local  artists  with  residential  and  work  studios  and  spaces  for  educational  programs,  exhibitions,  and  performances.  

o The  Steel  Yard  fosters  industrial  arts  and  incubates  small  businesses  in  the  former  Providence  Steel  and  Iron  complex.  

o Digital  City  is  a  community  of  digital  artists  and  small  businesses  that  are  seeking  to  create  a  digital  media  industry.  

o The  Food  Innovation  Nexus  (The  FIX)  is  non-­‐profit  organization  sponsored  by  Johnson  and  Wales  that  is  seeking  to  develop  innovative  products  at  the  intersection  of  healthy  food  and  medicine.  

 As  Mayor,  Brett  will  seek  out  ways  the  city  can  encourage  these  

and  other  organizations  and  programs  that  support  the  growth  of  homegrown  talent  and  entrepreneurship.    

• Developing  regional  tourism  with  Newport,  Boston,  and  other  cities.    Under  Mayor  Smiley,  the  city  will  seek  to  partner,  not  compete,  

with  places  like  Boston,  Newport,  and  Cape  Cod  to  develop  tourism  initiatives  that  encourage  visitors  to  our  city  and  other  places  in  our  region.    

• Encouraging  historical  preservation  as  an  economic  driver.  Providence’s  architectural  history  needs  to  be  protected  and  

preserved.  Our  buildings  are  not  only  historic  resources  but  also  potential  sources  of  economic  development  and  tourism.  As  Mayor,  Brett  will  work  with  the  Providence  Preservation  Society  to  advocate  for  sensible  preservation  and  to  ensure  that  the  voices  and  vision  of  Providence’s  past  are  included  in  discussions  and  planning  for  Providence’s  future  development.  

   ADVOCATING  ON  BEHALF  OF  THE  GREATER  PROVIDENCE  REGION    

It  does  not  make  sense  for  Providence  to  compete  with  other  Rhode  Island  cities  and  towns  for  business.  As  Mayor,  Brett  Smiley  intends  to  work  with  other  mayors  and  the  Governor  to  attract  business  to  the  Greater  Providence  region.  If  a  Providence  resident  gets  to  work  at  a  new  business  in  Cranston,  Providence  still  comes  out  ahead,  just  as  Providence  benefits  when  a  new  business  brings  jobs  to  the  city,  even  when  some  of  those  jobs  are  filled  by  residents  of  other  cities  and  towns.    

• Leveraging  regional  strengths  to  save  taxpayer  dollars  and  improve  services.  

Part  of  the  role  of  a  Chief  Economic  Development  Officer  is  to  be  a  prudent  steward  of  limited  funds.  As  Mayor,  Brett  will  pursue  strategies  with  other  regional  governments  to  share  services  and  costs,  including  

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consideration  of  Joint  Economic  Development  Districts  with  other  local  governments.  In  addition,  Brett  will  work  with  other  area  mayors  to  eliminate  business-­‐stifling  discrepancies  in  municipal  regulations.  For  example,  it  makes  little  sense  for  certain  kinds  of  food  trucks  to  be  able  to  serve  customers  legally  in  Providence  that  are  unable  to  do  so  in  Cranston.    

• Working  closely  with  state  government  for  Providence’s  fair  share  of  state  funding.  

Providence  is  the  heart  of  Rhode  Island  and  the  center  of  the  state’s  economy.  A  healthy  Providence  economy  benefits  the  rest  of  the  state.  As  the  head  of  the  state’s  chief  economic  engine,  Mayor  Smiley  will  push  for  Providence’s  fair  share  of  federal  and  state  funding.    

• Advocating  for  Providence  where  it  matters.  Rather  than  spend  money  on  Washington  D.C.-­‐based  lobbyists  

when  Rhode  Island’s  interests  are  well  represented  by  our  two  Members  of  Congress  and  two  United  States  Senators  and  their  staffs,  Mayor  Smiley  will  deploy  Providence’s  business  advocates  in  places  where  they  can  make  a  difference.  For  example,  Providence’s  business  interests  would  be  better  served  by  a  lobbyist  working  in  Boston,  where  policy  decisions  that  affect  our  region  are  being  made  in  the  State  House,  by  the  Massachusetts  Bay  Transportation  Authority,  and  by  major  area  employers  like  Fidelity,  Raytheon,  Bank  of  America,  and  Citizens  Bank.    

   

SUPPORTING  PROVIDENCE’S  NEIGHBORHOOD  BUSINESSES    

Providence  is  an  ethnically  rich  and  diverse  community.  As  Mayor,  Brett  Smiley  will  recognize  and  celebrate  that  diversity  –  not  just  culturally  but  economically  as  well.  During  the  Smiley  Administration,  the  city’s  economic  development  strategy  will  consider  the  different  ways  in  which  the  various  cultures  that  enhance  life  in  our  city  can  be  supported,  particularly  when  developing  neighborhood  and  citywide  businesses.  The  Smiley  Administration  will  work  tirelessly  to  brand  and  promote  each  neighborhood’s  rich  culture.    

One  of  the  best  ways  the  City  of  Providence  can  help  all  neighborhood  businesses  is  to  make  city  government  work  more  effectively  and  efficiently  for  small  businesses.  As  noted  earlier,  an  important  priority  of  the  Smiley  Administration  will  be  to  eliminate  bureaucratic  red  tape  and  make  it  easier  for  a  small  business  to  deal  with  the  city’s  tax,  licensing,  and  regulatory  requirements  and  get  to  the  business  of  business.       In  addition,  as  already  noted  earlier,  the  City  of  Providence  will  pursue  a  strategic  sourcing  initiative  that  will  direct  city  agencies  to  purchase  more  goods  

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and  services  from  local  businesses.  City  supply  chains  should  incorporate  locally  owned  and  operated  businesses  to  the  maximum  extent  possible,  allowing  city  funds  to  flow  through  the  local  economy  and  multiply.  And  Providence  will  actively  recruit  more  local  businesses  and  service  providers  to  become  certified  to  do  business  with  city  agencies.       As  Brett  Smiley  takes  the  politics  out  of  the  Providence  Economic  Development  Partnership’s  loan  program,  more  funds  will  be  made  available  to  enable  more  Providence  businesses  to  grow.  No  longer  will  these  opportunities  be  available  only  to  politically  well-­‐connected  business  owners,  but  rather  to  all  local  businesses  with  a  viable  plan  for  growth  and  success.       Finally,  as  Mayor,  Brett  Smiley  will  work  with  the  Providence  Police  Department  to  ensure  that  our  neighborhoods  are  safe  and  free  from  disorder.  If  customers  do  not  feel  comfortable  walking  our  streets,  browsing  in  storefronts,  and  sitting  down  in  restaurants,  bars,  coffee  shops,  and  bakeries,  business  suffers.  Every  Providence  neighborhood  and  street  will  be  open  for  business  during  the  Smiley  Administration.        

CONCLUSION       Providence  is  on  the  brink  of  a  new  economic  renaissance.  Many  of  the  pieces  are  in  place  and  poised  for  growth  –  strengths  like  our  “meds  and  eds”  that  lay  the  foundation  for  future  growth  and  innovation;  a  vibrant,  energized  start-­‐up  community;  an  engaged  foundation  and  non-­‐profit  community;  committed,  hard-­‐working  small  business  owners;  and  a  trained,  educated  workforce  that  is  ready  to  make  a  difference.      

Brett  Smiley  knows  how  to  get  things  done,  and  will  get  them  done  in  the  right  ways  to  create  jobs,  support  businesses,  and  grow  Providence’s  economy.

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