Economic Development Officer (EDO) Update as of May 7, 2015 FUNDING APPLICATIONS (focus May/June and ongoing) Objective To sustain EDCNS, start-up DMO,

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Presentation transcript:

Economic Development Officer (EDO) Update as of May 7, 2015 FUNDING APPLICATIONS (focus May/June and ongoing) Objective To sustain EDCNS, start-up DMO, and support business retention and expansion  Three funding application submitted, 2 approved, 1 undergoing approval process. Additional 1 in development for application  Regular contact with businesses, and funders from federal and provincial government SECTOR FOCUS Showcase sector success from each municipality and each pillar Objective to Promote Our Story North Simcoe Tourism  Corporate registration, insurance, policies, trademarks  EDCNS representative Kevin Cowie  Rogers TV Showcase Business: SS Keewatin, Tay Township  Board members selected (7). Welcome reception May 6, EDCNS and North Simcoe Tourism Board and guests: Warden/Mayor Marshall, Mayor McKay, and Dave Parks, Director County of Simcoe Tourism  Tourism Director advertisement to be published May 14  First Directors meeting June 4, 2015 Agriculture and Bioscience  Ambassador – Pierre Paul Maurice  Ambassador part of team to USA to secure investment  OMAFRA RED application approved May  Georgian College collaboration meeting May  Foodland Ontario funding partner for Prosperity Summit  Rogers TV Showcase Business: Bulbs of Fire, Tiny Township Healthcare / Life Sciences  Ambassador – Roy Ellis  Rogers TV Showcase: Georgian Bay General Hospital, North Simcoe Advanced Manufacturing  Ambassador – Clare Boudreau  Ambassador part of team to USA to secure investment  Rogers TV Showcase Businesses: Industrial Filter Manufacturing, Town of Penetanguishene & Forte EPS Solutions, Town of Midland BUSINESS DEVELOPMENT International Investment Objective to Create EDCNS Awareness  Meeting teleconference in May with investment firms in Germany for manufacturing  Criteria for investment to be submitted to Swiss Consulate in New York for manufacturing Investment Opportunities Objective to Grow Workforce & Investment  Industrial, Commercial, and Institutional (ICI) inventory (Simcoe County lead)  A $40M - $50M business investment opportunity is being negotiated with a USA company. The EDO and Agriculture and Manufacturing Ambassadors visited the USA in January to discuss investment in North Simcoe with over 20 participants including multinational businesses.  Businesses requiring infrastructure and investment for retention and job growth were identified for the Federal Government by the 4 Mayors and the EDO. Meetings are held regularly to progress.  52 business leads in the sales pipeline database to be qualified, ongoing contact through Prosperity Summit marketing Communications & Marketing (focus May/June) Objective to Grow Workforce & Investment  EDCNS Prosperity Summit “Celebrating Growth in North Simcoe” June 25, 2015 – marketing/promotion/registration ongoing  Annual General Meeting (AGM) July 9, 2015 / Financials for Dec. 31, 2014 drafted  Municipal deputations: Tay-May 13, Tiny-May 25, Midland-May 25, Penetanguishene May 27