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4/5/2019 1 Building Resilience Through Community Economic Development JTT Webinar Series • April 2019 SFU – CED Programs 30 Years of CED programming Highly engagement-focused Faculty of Environment Quadruple-bottom Jeremy Stone, Director 18 Years in CED Microfinance, small business development, economic development capacity building. Served in economic recoveries from hurricanes, oil spills, etc.

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Page 1: SFU CED - JTT Webinar - 4-2019...Microsoft PowerPoint - SFU CED - JTT Webinar - 4-2019 Author: Jeremy Stone Created Date: 4/5/2019 7:18:07 AM

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Building Resilience Through Community Economic Development

JTT Webinar Series • April 2019

SFU – CED Programs• 30 Years of CED programming

• Highly engagement-focused

• Faculty of Environment

• Quadruple-bottom

Jeremy Stone, Director• 18 Years in CED

• Microfinance, small business development, economic development capacity building.

• Served in economic recoveries from hurricanes, oil spills, etc.

Page 2: SFU CED - JTT Webinar - 4-2019...Microsoft PowerPoint - SFU CED - JTT Webinar - 4-2019 Author: Jeremy Stone Created Date: 4/5/2019 7:18:07 AM

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SFU CED ProgramsCED Certificate

ProgramLEAP! Social

Economy Accelerator

Community Economic Resilience

CED Certificate Program

LEAP! Accelerator Program

Community Economic Resilience

How do I develop a sustainable economy?

• 8-Month professional certificate

• Mix of online and in-person deliveries

• Tailored to economic developers, government, and entrepreneurs

How do I spark local business creation?

• 9-week lean start-up program.

• Targets new or small entrepreneurs

• Fully partnered and emphasizes local capacity building

How do I support the economy when things

go wrong?

• Resilience planning• Rapid recovery

support• Coursework and

workshops in economic resilience

Framing Cases Planning

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The Risks

Why do we care about economic resilience?

• Businesses provide incomes, goods, and services for individual recoveries.

• The majority of our critical life needs are provided by businesses.

• Local businesses are accountable and reduce capital leakage.

• After evacuations businesses are the beacons of recovery.

• Businesses need support and capacity too.

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Economic Development = Economic Recovery and Resilience

What is Community Economic Development?

CED is a systems approach to problem solving for community well-being.

Principles of CED:

• Livelihoods Focused• Diverse and Inclusive• Sustainable• Place-Based• Community Controlled

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What is Community Economic Development?

Business Retention and Expansion

Social Enterprise and

Innovation

Local Purchasing and

Procurement

Community-Based Financing

Community Economic ResilienceMaintaining our well-being while adjusting to constant changes in the world around us.

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Framing Cases Planning

Local Diversification: Fogo Island, NL

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Land Use Innovation: Cheakamus Community Forest

Kanaka Bar Band: Resilience Planning

KBB now has 100% employment and a

100% graduation rate.

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Buy Local campaigns: Joplin, MO

• Mayor and Chamber immediately began promoting local businesses – evolved into Shop Joplin! campaign

• 485 impacted businesses reopened; 250 new businesses open after tornado.

Flexible Financing: Cariboo Region

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New Orleans Office of Workforce Development

• Hold job fairs for individuals on public assistance• Inquire about availability to work after disasters• Maintain database and provide lists to municipal

offices for rapid response jobs

Southeast Louisiana Fisheries Assistance Center

• Response to post-Katrina recovery• Centralized multiple agencies in one place• Became a hub for economic development, and later

served as an emergency center for the BP oil spill

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Framing Cases Planning

How do our plans support economic resilience?

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2013 Colorado Floods Economic Development Plan Reviews

• Research and Knowledge-Building• Planning• Governance• Financing• Infrastructure• Procurement Strategies

• Business Continuity and Risk Management

• Workforce Support• Economic Diversification• Counseling and Technical

Assistance• Communications Systems

0% 20% 40% 60% 80% 100%

XI. Communication Systems

X. Counseling and Technical Assistance

IX. Economic Diversification

VIII. Workforce Support

VII. Business Continuity and Risk Management

VI. Procurement Strategies

V. Infrastructure

IV. Financing

III. Governance

II. Planning

I. Research and Knowledge-Building

Summary by Metric Area

Fully ObservedPartially ObservedNot Observed

2013 Colorado Floods Economic Development Plan Reviews

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2018 Kootenay Area Plans Review

0% 20% 40% 60% 80% 100%

Research and Knowledge-…Planning

GovernanceFinancing

InfrastructureProcurement Strategies

Business Continuity and Risk…Workforce Support

Economic DiversificationCounseling and Technical…Communications Systems

FullPartialNone

0% 20% 40% 60% 80% 100%Research and Knowledge-…

PlanningGovernance

FinancingInfrastructure

Procurement StrategiesBusiness Continuity and Risk…

Workforce SupportEconomic DiversificationCounseling and Technical…Communications Systems

FullPartialNone

0% 20% 40% 60% 80% 100%

Research and Knowledge-…Planning

GovernanceFinancing

InfrastructureProcurement Strategies

Business Continuity and Risk…Workforce Support

Economic DiversificationCounseling and Technical…Communications Systems

FullPartialNone

0% 20% 40% 60% 80% 100%Research and Knowledge-…

PlanningGovernance

FinancingInfrastructure

Procurement StrategiesBusiness Continuity and Risk…

Workforce SupportEconomic DiversificationCounseling and Technical…Communications Systems

FullPartialNone

Whole Community Approach to Resilience

Government

Non-profits & Associations

Chambers of Commerce

Financial Institutions

Businesses Colleges & Universities

Emergency Managers

Residents

Business TA Providers

Unions/ Labor Orgs

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Resilientville Map: San Francisco, CA

Community Engagement: Port Coquitlam, BC

• Discovery Sessions• Business Continuity

Planning Workshops• Business Case Partners

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Takeaways: Learn and Work Incrementally

• Collaborate with partners to do some low-cost exploratory research.

• Establish or commandeer a regularly meeting roundtable.

– Identify the vulnerabilities.

• Support the execution of the list.

– Identify the opportunities.– Identify the gaps.

• Make a list.

Takeaways: Repurpose assets to reduce costs and time

• Call centers and info guides• Sister-city and corporate MOUs• Financial products at banks and foundations• Marketing and buy-local campaigns• Existing case-management functions in non-profits• Existing programs for social and economic

development• Existing plans and planning processes• Existing government-owned or underutilized

properties

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Municipality NameSunnybrook

Economic Functions or Risks Mitigation Plan Responsible Parties Priority Cost Example: Payroll Move to a 3rd party payroll system.

Direct Business ImpactsLoss of electricity services Generator program for food-based businessesChamber and Home

Depot Medium Low Cost

Loss of business location Alternative spaces vending program SpaceFinder, Airport, City Government High Low Cost

Economic Resilience Assessment and Planning ToolThe Economic Resilience Assessment and Planning Tool can be used to identify critical economic functions, and plan for their resilience. The assessment tool can be used for any particular threat (e.g., tornado, flood, terrorism, etc.) or for "All Hazards". Use drop-down menus in the digital version to mark the

Date of Assessment Type of Threat26-Apr-19 Flood

Takeaways: Start small and workshop it

For more information about SFU CED’s programming and resilience planning supports, please contact us below:

Jeremy Stone, DirectorSFU Community Economic DevelopmentFaculty of Environment

Email: [email protected]: 778.782.5275