Bill Konyha President & CEO Economic Development Group of Wabash County, Inc. Ron Kerby Executive Vice President & COO Crossroads Bank.

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Presentation transcript:

Bill Konyha President & CEO Economic Development Group of Wabash County, Inc. Ron Kerby Executive Vice President & COO Crossroads Bank

Wabash THE ECONOMY – CIRCA 1970 GOVERNMENT: CITY VS COUNTY WITH ROUTE 16 BARRIER CHAMBER –CVB – EDG – WMI – OTHERS NO COMMUNICATION STATUS OF DOWNTOWN WABASH (THE CORE CITY OF THE COUNTY)

OCRA Advisory Council BREAKING THE BOUNDARIES OCRA STRATEGIC PLAN FOR RURAL INDIANA PILLARS REGIONAL FRAMEWORKS CIVIC LEADERSHIP AND ENGAGEMENT ASSET-BASED COMMUNITY DEVELOPMENT RURAL INNOVATION CULTURE THROUGH PUBLIC-PRIVATE ENTREPRENEURSHIP DIVERSITY, ACCESS AND INCLUSIVENESS YOUTH ENGAGEMENT WEALTH CREATION AND RETENTION

OCRA’s Priorities ATTRACT AND EXPAND PHILANTHROPIC CAPITAL ATTRACT AND RETAIN ENTREPRENEURIAL TALENT GENERATE CREATIVE PARACTICES/PROGRAMS FOR RURAL WORKFORCE DEVELOPMENT INNOVATIONS IN RURAL BROADBAND DEVELOPMENT AND DEPLOYMENT EXPAND HEALTH AND HUMAN SERVICES TO REACH MARGINALIZED POPULATIONS

RURAL ENTREPRENEURSHIP DEVELOPMENT GRANT IDENTIFY – RECRUIT – ENTREPRENEURS (CHAMBER, CVB, EDG) BUSINESS PLAN TRAINING (SBDC) BUSINESS PLAN APPROVAL (CHAMBER, CVB, EDG) LOAN GUARANTY (EDG) LOAN (LENDING PARTNERS) ART ENTREPRENUERSHIP (SCHOOL CORPS)

Regional Framework and Civic Leadership and Engagement EDG – CHAMBER OF COMMERCE – CONVENTION AND VISITORS BUREAU – CHARLEY CREEK FOUNDATION – HONEYWELL FOUNDATION – FRANCES SLOCUM BANK (NOW FIRST MERCHANTS) – SMALL BUSINESS CENTER – WABASH CITY SCHOOL CORP – MSD WABASH – NORTH MANCHESTER SCHOOL CORP PARTNERS ADDED AFTER AWARD – NORTHEAST INDIANA FOUNDATION – WABASH COUNTY COMMUNITY FOUNDATION – CROSSROADS BANK – FIRST FARMERS BANK AND TRUST – BEACON CREDIT UNION – MUTUAL FEDERAL BANK (FOUNDATION)

Asset Based Community Development ARTS AND ENTERTAINMENT HONEYWELL CENTER CHARLEY CREEK

Rural Innovation Culture Through Public Private Entrepneurship TAX INCREMENT FINANCING LOAN GUARANTY

Youth Engagement YOUNG PROFESSIONALS ACTIVE ATTRACTION OF YOUNG PROFESSIONALS WMI LEADERSHIP – TRANSITION – RESULTS BEST OF THE BEST

Rural Innovation Culture Through Public Private Entreneurship TAX INCREMENT FINANCING LOAN GUARANTY

Results CAPITAL INVESTMENT LEVERAGED = $257,321,286 JOBS CREATED BY PRIVATE SECTOR = 906 NEW PAYROLL - $27,388,910 NEW LOCAL INCOME TAXES = $807,641 NEW PARTNERSHIPS: CITY – COUNTY – NORTH MANCHESTER REGIONAL INVESTMENTS: IOTRON IN COLUMBIA CITY – THE ANDERSONS IN LOGANSPORT WABASH MARKETPLACE INC AND N MANCHESTER MAINSTREET LOCAL UNITS INVESTING IN ONE ANOTHER COOPERATION – SUPPORT – GROWTH – TRANSITION IN A REALLY BAD ECONOMY EDG RECOGNITION OF LOCAL UNITS AS CUSTOMERS COUNTY CEDIT = 100% FOR ECONOMIC DEVELOMENT PROJECTS