Independent Economic Development Task Force Meeting #11 October 30, 2013 K. Gleasman

Agenda Review and approve meeting notes from Mtg #10 Comparing business friendliness Henderson vs Transylvania Counties o Mark Peddy Status agency discussions (progress since 10/23/13) – all Second discussion for data analysis - all Other topics from task force Public Comment –Summarized Input Adjourn 10/30/20132

Review and approve meeting notes from Mtg #10 10/30/20133

Comparing business friendliness Henderson vs Transylvania Counties Mark Peddy 10/30/20134

Status for agency discussions On average in less than 5 minutes per; focus on progress since 10/23/13…. o Any issues? o Other progress relative to these discussions 10/30/20135    

Initial ideas for data analysis – for example only – DATA NOT REAL Connections between agencies 10/30/20136

Initial ideas for data analysis – for example only – DATA NOT REAL Responsibilities 10/30/20137

Initial ideas for data analysis – for example only – DATA NOT REAL Mission statements 10/30/20138

Initial ideas for data analysis – for example only – DATA NOT REAL Current views of effectiveness relative to economic development 10/30/20139

Initial ideas for data analysis – for example only – DATA NOT REAL Problems 10/30/201310

Initial ideas for data analysis – for example only – DATA NOT REAL Solutions 10/30/201311

Other topics from task force members 10/30/201312

Public Comment – summarized input Please send public comment to: o address: Or provide in writing prior to or after each meeting. New will be accessible to all task force members Karen Gleasman will ensure written comments are passed on to all task force members  No input received last week 10/30/201313

Adjourn 10/30/201314

Targeted completion date – after upgrade Oct 23, 2013: propose process to analyze agency data Oct 30, 2013: finalize process to analyze agency data (retreats?) October 31, 2013: most all agency input received November (with holidays): analyze data December: propose/evaluate organization construct alternatives End of January: Interim report to community – Brand, mission, vision, brainstormed list of targeted businesses, and EDO construct Feb 12 – finalize org construct, brand, mission, vision March – Select targeted businesses, develop initial marketing plan March – Final report prepared/presented to community and commissioners 10/30/201315

Definition of Economic Development “Economic development is a process by which a community creates, retains, and reinvests wealth, and improves the quality of life.” David Dodson, MDC Inc, Chapel Hill, NC 10/30/201316

Decision criteria for EDO decision 1.Economic development is a process by which a community creates, retains, and reinvests wealth, and improves the quality of life 2.Covers all seven elements of solid approach to economic development a.Recruitment – soliciting companies to come or start here, includes marketing b.Existing Industry Effort c.Small Business Development d.Entrepreneurial Development e.Workforce Development – EDO consolidates needs and facilitates solutions f.Economic Culture Creation g.New business “ambassador” to smooth way with permitting, regulations h.Vision/Leadership/Accountability – includes metrics related to mission and funding 3.Anticipated good return on financial investment 4.Great utilization of human capital including terrific volunteer base 5.User friendly – east to access, explain, and understand 6.Active engagement of the whole of the county 7.Clear communication and cooperation amongst parts 10/30/201317

Targeted industry brainstormed list 10/9/2013 Goldsmith Industries Industries Target Company Profile NutraceuticalsAerospace industry partsCut & SewMedical care recovery Rev range: $50K - $50M Outdoor Recreation EquipmentComposites3D Printing Number of employees: Food and Beverage Consider methods of mfg: e.g. precision maching, web based Environmental industries, e.g. recycled matls -> t-shirts Retention/expansion of current businesses Automotive PartsBrevard CollegeBRCC Quality of place is big draw Sports, Health, and WellnessBambooCamps Potential for above average pay Solo WorkerDestination spaMedical equipment TourismDestination health clubLabs e.g. biomedical Research lab: e.g. farm/agriBuild musical instruments Food processing, e.g. applesMore movies here Artisanal agriculture, e.g. mustards, Do More barsMusic recording studios Expansion of TVSEvents Parts/supplies for existing comp., e.g. cans for OSKAR BLUESContinuing care More like Everett Farms, Busy Bee NOT in conflict with quality of place 10/30/201318

Roadmap to complete 3 tasks Have brainstormed list of 24 targeted industries Reviewed and modified: TC Assets TC Challenges Targeted companies profile Approach to econ development Branding Marketing 10/30/ /11/20 13 underway