Dane County Community Economic Development Presentation to: Joint Educational Session Comprehensive Planning April 13, 2005 Steve Steinhoff

Presentation Outline n County Community Economic Development (CED) Activities n Emerging Issues in CED n What County Could do in Future in CED n Barriers and Challenges to County CED Efforts

County CED Activities n BUILD Program n Revolving Loan Funds for ED n Façade Improvement Grants n Assist Greater Madison Chamber of Commerce & Small Business Development Center n Targeted Area Redevelopment –Allied Drive –Town of Madison

County CED Activities (cont.) n Airport n Job Center n Quality of Life Activities n Extension Services to Agriculture

What County Does Well in CED? n Partnering with local municipalities n Regional transportation infrastructure n Workforce development n Quality of life enhancement

Other Major CED Players n UW-Madison –University Research Park –WARF –BioStar –SBDC n Workforce Development Partners –State WI: DWD, DVR –MATC –Workforce Development Board –Private Industry –Employment Training Agencies –UW-Madison (e.g. COWS)

Other Major CED Players (cont.) n WI Dept. Commerce n Private Sector Partners –GMACC & local chambers –Utilities –Business leaders –Developers –Realtors n Local municipalities (TIF, business parks, BIDs) n Capital Ideas Technology Zone n Non-profit agencies

Other Major CED Players (cont.) n CCED n Main Street Program

CED by Category n Workforce development n Entrepreneur development n Business incubation n Growing existing businesses n Business attraction

CED by Sector n Technology n Manufacturing n Health Care n Downtown n Agricultural

Emerging Trends in CED n Growth of high technology & biotechnology n Growing emphasis on quality of life to business growth n Growing interest in “grow your own” approach to CED n Retail design standards n Mixed-Use developments n Standardization of location searches

High Technology n Dane County major high tech center for Wisconsin n University Research Park n WARF n MATC Tech Incubator n Technology Zone n Venture and Angel Investment Efforts n SBIR efforts n WMEP

Quality of Life n Mobile workforce n Quality of life factors n Location consideration

Standardized Location Searches n LOIS System

Grow Your Own n Incubation n WARF – Patenting n High tech investment assistance n Business assistance programs

Retail Design Standards n Big box ordinances n Downtown design guidelines n Heightened local scrutiny

Mixed-Use Developments n Downtown and neighborhood mixed- use buildings n Life-style centers n New Town Centers (outside Dane Co.) n Mixed-use neighborhoods

What County Could do in Future for CED n Enhance partnership role n Facilitate inter-governmental and private sector collaboration on CED n Continue expansion of direct flights from airport n Continue efforts that promote quality of life n Support efforts to increase capital investment (venture, angel) n Integrate CED goals and objectives into land-use and transportation planning

Barriers and Challenges n Resource constraints n Rising housing costs n Brain drain n Lack of capital investment n Inter-governmental coordination a slow process n Workforce shortages & mismatches n Transportation congestion