EAST VALLEY COALITION 2016 - 2019 Presentation by Rob Moran Riverside County Economic Development Agency Economic Development Manager March 21, 2019 26 years doing this, have been involved in many regional and sub regional efforts. Where I started my career in Workforce Development The power of a job What my vision for Economic Development is in the County

ECONOMIC DEVELOPMENT Pre-2011 Economic Development (ED) was heavily focused on Redevelopment activities and well funded. During recession, ED was lean and did not have a dedicated funding source. Riverside County adapted and implements programs understanding the following: Collaboration is key Leveraging of human and fiscal resources is essential One size doesn’t fit all

COUNTY & EDA RESOURCES FOR EVC Office of Film & Television was established in 2009 and for many years was the only County Office of Foreign Trade. COUNTY & EDA RESOURCES FOR EVC

EVC RETURN ON INVESTMENT Year 1 – FY 2016/17 Creation of EVC website/Facebook account Development of collateral materials Coachella Valley Business Center established at Monroe Center in Indio EVC co-located with SBDC in Coachella Valley Business Center Economic impact – 62 jobs - $3,700,000 CapEx Projects include: Pavilion Palms La Quinta; Palm Silage Thermal; Old Town Artisans Studio La Quinta

EVC RETURN ON INVESTMENT YEAR 2 – FY 2017/18 Economic impact – 175 jobs - $16,850,000 CapEx Projects include: Quadrow Industries Indio; Lundin Development Indio; French Rotisserie La Quinta Helped organize and cohost first Coachella Valley Business Conference

EVC RETURN ON INVESTMENT YEAR 3 – FY 2018/19 Helped organize and cohost 2018 Ag Expo Economic impact – 136 jobs - $2,600,000 CapEx Projects include: BuzzBox Indio; ACE Hardware Coachella; Tractor Supply Indio; Treasure Hunt Indio Coachella Valley Small Business Development Center – 7 loan closings, 106 clients assisted (523 hours), 29 jobs out of just 2 loans. More to come!!

EVC THREE-YEAR GOALS Expand recognition of the East Valley Coalition locally, statewide, nationally and internationally Expand and retain the retail, commercial, agricultural and manufacturing sectors Increase organizational efficiency and effectiveness Expand GIS technology, data and bandwidth

EVC IMPLEMENTATION PLAN Better website presence? Regional data/demographics Resource/Incentive information Division of duties? County EDA will act as fiscal agent EVC staff primary coordinator of activities City ED staff partnerships Lead/Business outreach protocol Tradeshows/conferences

EVC IMPLEMENTATION PLAN What items do you want to see tracked? Jobs Capital Investment Taxable Sales Events Held or Sponsored Businesses visited Social Media Marketing/Newsletter Marketing Plan

EVC/COUNTY BRANDING EFFORTS A picture is worth a thousand words, a video brings the story to life One more tool in the Economic Development tool chest Introducing new EDA Communications Unit Pep Fernandez EVC video to be shown after Pep’s introduction

THANK YOU FOR YOUR PARTNERSHIP ROB MORAN, ED MANAGER 951.955.6673 rmoran@rivco.org bizinfo@rivco.org THANK YOU FOR YOUR PARTNERSHIP