1. West Virginia Economic Development Council
2018 Legislative Conference
Embassy Suites, Charleston, WV

2. Agenda WV Forward Economic Development Package Call to Action
*Recommendations to be executed with the WVDO requested budget enhancement.

3. WV Forward McKinsey Associates, WVU, Marshall, and WV Commerce.
Blueprint
Identify inhibitors
Pair WV assets with economic trends for growth
Diversify all regions of the state.

5. Business Climate McKinsey Rebrand WV biz climate
Combat rising utility costs
Ease administration of TPP
Regulatory reform
2018 Strategy
New Ad contract
WVDO, AEP, FE Task Force
SJR 9: Just Cut Taxes and Win
SB 269/HB 4154: Reg Reform Act

6. Innovation and Entrepreneurship
McKinsey
Set up Innovation Council
Startup catalyst program
Change mix of incentives
Expand role of WVDO
2018 Strategy
Cromwell/WVU/MU/WVDO
Risk capital
Budget, ???
Budget increase -- $35M
Sales/Marketing: $3-5M
Site Readiness: $8-10M
Strategic Investment: $18-20M

7. Infrastructure McKinsey Launch site certification Build a middle mile
Develop innovative financing mechanisms
2018 Strategy
Site Readiness plan
BEC/Loan Guarantee
Legislation for RDF access

8. Human Capital McKinsey Increase workforce participation
Encourage return/relocate
Combat opioid crisis
Train WF in high-demand jobs
2018 Strategy
SB 284: Access to Career Education and WF Training
Expat Database, etc.
SB 273: Reducing Use of Opiates SB 272: Drug Control
SB 284: Commerce reporting requirements

9. Call to Action $35 MM for WVDO $15 MM for Tourism
Just Cut Taxes and Win

10. Josh Jarrell Deputy Secretary and General Counsel West Virginia Department of Commerce (304) |
WestVirginia.gov