Community Economic Revitalization Board (CERB) Update on CERB and CERB Export Grant Program Presented to WEDA February 14, 2012 Presented by: Lisa Wellman, Vice Chair - CERB

2 Community Economic Revitalization Board Mission: “Foster economic development through stimulation of private investment and job opportunities for the general welfare of state inhabitants…” - RCW Generate significant private investment Create permanent family wage jobs with health benefits Complete project financing Create new state and local taxes as a result of business growth Respond to immediate business needs (siting & expansion) Encourage expansion in key business sectors 2

3 CERB Membership Board MemberOrganizationRepresenting Mark Urdahl, ChairPort of Chelan CountyPorts Lisa Wellman, Vice ChairSustain Community World Small Business Hart Hodges, Ph.D.Western Washington University Private/Public Economist Laura MerrillCommissioner, Pend Oreille Co. Counties Michael EchanoveMayor, City of PalouseCities Linda RotmarkClallam County EDCPublic Julie TapperoWest Sound Workforce, Inc. Small Business Allen BreckeAllen Brecke Law OfficesSmall Business Steven AndersonMeier Architecture & Engineering Small Business David RhodenEsterline-Control Systems Large Business Terry KnaptonKalispel Tribe of IndiansTribes VacantLarge Business Legislative AppointmentsRepresenting Senator Brian HatfieldSenate Majority Caucus Senator Mike HewittSenate Minority Caucus Representative Derek StanfordHouse Majority Caucus Representative Judy WarnickHouse Minority Caucus State Agency AppointmentsRepresenting Elizabeth RobbinsWSDOT Beau PerchbacherESD Karen LarkinCommerce Patti WilsonDOR

4 Community Economic Revitalization Board Eligible Jurisdictions Counties Cities and Towns Port Districts Special Purpose Districts, including Municipal Corporations Federally Recognized Tribes Eligible Systems Bridges/Roads Domestic and Industrial Water Earth Stabilization Sanitary Sewer Storm Water Railroad Electricity Telecommunications Transportation Natural Gas Buildings or Structures Port Facilities Other

5 Investments: projects financed $149.5 million invested $5.2 billion in private investment leveraged More than 30,000 permanent jobs created and retained l 5 Community Economic Revitalization Board

6 CERB 2011 – Results – Financial From January 2011 to December projects financed $5,029,766 million in state resources invested $4,688,345 million in other funds leveraged The remaining balance for this biennium * Rural $2.7 m Urban $963,000

7 CERB Export Assistance Program Created in 2010 to support the growth of Washington exports by funding infrastructure and technical assistance projects. Eligible recipients: public institutions of higher education and local governments. $3 million granted to six projects providing technical assistance and training to Washington businesses new to expert or new to market.

CERB Grants for Training and Capacity Building GRANTEEDESCRIPTION$ AMOUNT City of Bellevue Port of Clarkston Highline Community College University of Washington Washington State University Western Washington University Search engine optimization and social media platforms Snake River Boat Builders export program Virtual resource center, web portal with export resource guide New-to-export, medical start-up companies Export Readiness Centers Jump Start Washington Exports (JustWAEx) $157,000 $100,000 $398,295 $291,264 $1,281,969 $664,726 City of Bellevue Port of Clarkston Highline Community College University of Washington Washington State University

CERB – Questions, Comments, Thoughts…. How can we work more effectively together? What do you need form CERB? How can you better connect your clients to these state programs for assistance? Other Vice Chair CERB Board Lisa Wellman CERB Program ManagerADO Liaison Jacki SkaughtLynn Longan