to our 2020 annual meeting sponsors markey’s to …...to our 2020 annual meeting sponsors...
TRANSCRIPT
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Thank You!To our 2020 Annual Meeting Sponsors
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- 2020-Annual Meeting
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Thank You!To our 2020 Annual Meeting Sponsors
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About the BEDC
The mission of the BEDC (est. 1985) is to be the catalyst for retention, development, and
attraction of quality jobs in Monroe County.
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BEDC OfficersMark Figg – Chair
Sarah Rogers – 1st Vice Chair
Cindy Kinnarney – 2nd Vice Chair
Tyce Carmichael – Secretary
Dave Conner – Treasurer
Reed Adams – Past Chair
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BEDC Executive Committee MembersMayor John Hamilton – City of Bloomington
Alex Crowley – City of Bloomington
Jim Sims – City of Bloomington Common Council
Geoff McKim – Monroe County Council
Julie Thomas – Monroe County Commissioner
Scott Oldham – Town of Ellettsville
Michael Farmer – Town of Ellettsville
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Change for the New Year
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BEDC Staff
Jennifer PearlPresident
Clark GreinerBusiness Development
Director
Ellyn SalleeProject/Development
Manager
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BEDC Staff
IU O’Neill SPEA Fellow – Sarah DaliggaIU O’Neill Indiana Leadership Program Intern – Zach Mikus
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2020 Annual Meeting Keynote Speaker
21st Century TalentSecretary of Career Connections and Talent Blair Milo
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The BEDC Team Jennifer Pearl, Clark Greiner,
and Ellyn Sallee
Vision 2020
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Jennifer PearlPresident
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BEDC Highlights from the Last Decade
Foundational Work• Helping local employers grow• ID available properties• Public approvals and incentives• Promoting our community
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BEDC Highlights from the Last Decade
Larger Scale Projects & Initiatives• TIF District Expansion• Urbanization Plans• Hospital reuse + IU Health
Bloomington Regional Academic Health Center
• Catalent Expansion• Cook Group + Profile Park
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BEDC Highlights from the Last Decade
Tech, Life Sciences, Talent• Life Sciences Summits• Career Fairs• Outreach to Alumni• Bloomingtontech.com
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BEDC Highlights from the Last Decade
Entrepreneurship • B-Start• The Mill
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BEDC Highlights from the Last Decade
Community Conversations• Quality of Place• Housing• Workforce• Entrepreneurship• Transit
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2019 Strategic HighlightsOngoing Projects:• Catalent• Cook Group Profile Park• IU Health Bloomington Regional Academic Health Center• Dimension Mill Growth• Trades District Growth
Visioning:• Future Vision for Ellettsville + Envision Ellettsville• Quality of Place and Workforce Attraction Plan
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Where We’re GoingChallenges & Opportunities
• Workforce• Housing• Income, cost of living, uneven
connections to prosperity• Property / opportunity fit• Streamlining of local
processes for business• Economic Uncertainty
Additional Opportunities:• Quality of Place• Innovation and
Entrepreneurship• Transit
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We Have a Strategic Choice
Position our Community for the Future
Assess and Challenge Existing Models
Focus on a Shared Vision and Outcomes
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Comprehensive EconomicDevelopment Plan
Purpose: Deepen coordination with partners to address economic development challenges and advance economic vitality for all.
Aim:• Build Upon Existing Plans• Focus on Achievable Outcomes / Shared Priorities • Be Actionable
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BEDC Focus in 2020
1) Comprehensive Economic Development Plan + Community Engagement2) Business Retention and Expansion (BRE) and Attraction3) Talent and Innovation4) BEDC Work
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Clark GreinerBusiness Development
Director
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2019 Projects by Source
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2019 Projects by Industry
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Project Submissions
• The BEDC responded to 18 Projects (or 39%)
• Unable to respond to 61% of Projects
• Factors:• Rail Access• Ceiling Height• Building Size• Acreage Availability• Industry Alignment
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What Does This Data Reveal?
Great attraction partner in the Indiana Economic Development Corporation
Lack of physical structures of 25k – 100k Sq. Ft.
Solid awareness of the BEDC with site selectors and local companies
An alternative attraction plan may be needed to attract “Best Fit” industries
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Bloomington Technology Partnership
BTP in 2019• BTP - Opportunity Expo,
Tech the Halls, Combine, The Mill
• BTP - 71 Job Postings on the BTP website
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Bloomington Technology Partnership
BTP in 2020• Tech ecosystem has evolved • Continue support for firms• Organize career events• Promote startup events +
entrepreneurs • Work with area tech
companies + higher education to attract talent and job opportunities
• Upgrade BTP website
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Bloomington Life Sciences Partnership
BLSP in 2019• Opportunity Expo• Life Sciences Summit
with IU Kelley School of Business – Center for the Business of Life Sciences
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Bloomington Life Sciences Partnership
BLSP in 2020• Organize career events
• Promote startup events
• Promote resources for employers
• Build awareness of needs of life science companies
• Upgrade BLSP website
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2020 Focus and Initiatives
Business Retention, Expansion & Attraction
Meet with area businesses leaders to understand business expansion needs
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2020 Focus and Initiatives
BRE & Attraction Collaboration
• Work with partners to retain and expand regional employers
• Identify opportunities with IU and Ivy Tech
• Develop attraction plans for best fit industries
Property and Processes
• Inventory properties
• Identify opportunities to streamline approval processes and incentives
• Promote development-ready properties
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Ellyn SalleeProject/Development
Manager
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Innovation and Talent
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B-Start
Since 2015 • 50 Startups• 14 Startups in 2019-2020 Cohort• 73 Participants
Growth of B-Start• 2015, 2016 & 2018: 9• 2017: 11• 2019: 14
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B-Start Mentors
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B-Start Sponsors
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Talent Engagement
IU Alumni Event in Chicago• September 26, 2019• 30 attendees at University Club
Chicago• Many thanks to Duke Energy,
Radius Indiana, The Herald-Times, Visit Bloomington, Samantha Ginther and Jason Salstrom
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Talent Engagement
Opportunity Expo• October 10, 2019• Collaboration with “Mill Week”• 14 Tech & Life Sciences Companies• Over 100 Attendees
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Marketing & Communications
In Good Company• 9 Articles • 20 People Interviewed
Thank you, Herald-Times!
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Marketing & Communications
Publications• The Herald-Times Commercial Property Article• The Herald-Times “It’s Your Business” Article• Press Releases on new staff, B-Start, Annual
Meeting
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Marketing & Communications
2019 Speaking Opportunities• IEDA Explore Southern Indiana Conference in
Bloomington• BASCI Board Meeting• Association of Energy Engineer’s Luncheon• Shoemaker Innovation Center at Luddy Hall • Service Provider Showcase at Luddy Hall
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BEDC Monthly Reports• BEDC News and Updates• What’s Happening In Our
Community?• What is the BEDC Working On?• BEDC Membership & Regional News• Upcoming Events and Opportunities• Stay Connected!
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BEDC Membership
58 Sponsor Members 39 General Members6 Special Members
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Welcome New Members
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Goals for 2020
• “Friends of the BEDC” Newsletter• Revamp BEDC and BLSP Websites• Increase Social Media Presence• Membership Strategy & Onboarding
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Stay Connected!
Bloomington EconomicDevelopment Corporation@Bloomingtonedc
@Bloomingtonedc@bloom_tech@bloom_lifesci@btownstart
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Community EngagementBoards and Committees:
Region:• Regional partner meetings• Region 8 Workforce Board• Women in Economic Development (listed in 2019
region section)
County:
City of Bloomington:• UDO advisory committee• Hospital re-use committee• Housing study advisory committee• 4th Street and Trades District garage design
committees• Transportation Demand Management committee
Entrepreneurship & Innovation• SWITCH Study (Southwest Indiana Technology
and Collaboration Hub)• The Mill Board & Executive Committee
Community Partners:• Greater Bloomington Chamber of Commerce
Legislative Council• Ellettsville Chamber of Commerce Board of
Directors• Vision for the Future of Ellettsville• Visit Bloomington Board• Best Places To Work Bloomington Committee• Bloomington Housing Authority• SCI REMC Operation RoundUp• Monroe County Historical Society Advisory Board• Bell Trace Advisory• Tri Kappa Alpha• Lemon Council
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An Invitation
To engage with the BEDC…
StrategyBTP & BLSP
Membership and sponsorships
Ideas and feedback
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Thank You!To our 2020 Annual Meeting Sponsors