10 06-03 veb annual spring bod meeting

VirginiaEconomic

Bridge

A Resourcefor the

CommonwealthAnnual Spring BOD MeetingLockheed MartinManassas, VAJune 4, 2010

Virginia Economic Bridge

Agenda• Welcome and Introductions

• Remarks from Special Guest – Ms. Ibbie Hedrick, Director of Communications & Business Community Liaison, Lt. Governor Bill Bolling

• Remarks from Special Guest – Ms. Gwen Sigda, Northern Virginia Regional Representative for Northern Virginia for Senator Jim Webb

• Remarks from Special Guest – Mr. Scott Price, Director of Constituent Services for Northern Virginia for Senator Mark Warner

• Remarks from Ex-Officio Board Member – Mr. Jim Duffey, Commonwealth of VA’s Secretary of Technology


Agenda• Reading and Approval of the September

15, 2009 Board Meeting Minutes• Treasurer’s Report• Chairman’s Report• Old Business

– President’s Semi–Annual Report with Program/Project Information Updates


…a non profit organization that promotes the economic vitality of

the Commonwealth through business, economic and workforce development

initiatives.


Mission & VisionOur MissionVirginia Economic Bridge, Inc., promotes the economic vitality and external

competitiveness of the Commonwealth through business, industry and educational partnerships between Southwestern Virginia, Northern Virginia and other regions of the Commonwealth.

Our VisionVirginia Economic Bridge, Inc,. will become the advocate of and provide leadership

for: • A Shared Vision for Economic Development in SWVA, NOVA and Other

Locations• A Productive Coalition among SWVA, NOVA and Other Local, State, and

Federal Officers and Business Leaders • A Marketing Campaign which Promotes Needs and Benefits in Bridge

Regions • An Improved Infrastructure for Technology, Transportation and Education

Since 1989, Virginia Economic Bridge, Inc., has been working towards strategic goals that continue to bring together Virginia’s business leaders to build a sense of “common wealth”. Our goal is to ensure that Virginia is prepared to meet the business, economic and workforce challenges of this century and beyond.


What do we do well…?

Tackle the Big Issues!


What do we do well…?• Research

• Recruitment

• Retention

that leads to

Job Creation & Economic Development

VirginiaEconomic

Bridge

A Resourcefor the

Commonwealth

Southwest Virginia’s Shared Heritage with Ireland and Western EuropePromoting the

Economy of Our Region Through Collaborations in

Technology, Commerce,

Education and Tourism

Unleashing the Celtic Tiger


www.VirginiaBusiness.org


Used for training and assessing individuals to become teleworkers

Used as mediator between companies looking to hire independent contractors

Will aggregate efforts of multiple sites and organizations to attract and retain individuals able to telework in the region

Site for regional resources, efforts and a functional site for posting telework jobs and teleworkers’ resumes

Linked TeleWorkforce Connections


One Care of SWVA


Strategic Planning Process

• Mission: One Care of Southwest Virginia is committed to decreasing substance abuse and misuse, and related social, economic and health factors through planning, policy, data, and advocacy.


Strategic Planning Process

• VisionOne Care’s vision is to be a model for achieving significant reductions in substance abuse and related social, economic and health factors by building and supporting community partnerships.


The Web Portal for Southwest Virginia


Return to Roots

www.ReturntoRoots.org & www.RTRSoVA.orgThe information portals and networks for Career

Seekers, Employers and Communities inSouthwest & Southern Virginia

Virginia Economic BridgeA Web Portal for Communities! Post your Resume, Find a Job!

Post your Job, Find an employeeAccess Business Resources

Seek Higher Education OpportunitiesView Community Attractions

Read News & Find InformationFind High School Reunions

www.ReturntoRoots.org & www.RTRSoVA.org


Agenda• New Business – Strategic Discussion

2011 Goals– Finance

• Approval of VEB, Inc.’s FY11 Budget

– Bylaws Change• 2nd Reading of Proposed language related to

Section 4 Annual Meeting

– Board Membership• Approval of BOD members


Agenda

• New Business – Strategic Discussion 2011 Goals

• Public Relations & Policy Development– VEB 2020 – Re-Branding Committee

Report


Re-branding Committee Preliminary Report

Gordon MillerMike Feeley


Redesign of the VEB Website

Gordon Miller


Re-branding Committee Preliminary Report

Mike Feeley


Recommendations

1. Retain Current Mission Statement

2. Focus on “bridging” wealth from NOVA to SWVA through

1. Economic Development

2. Business Development

3. Workforce Development

3. Develop hard hitting Customer Value Propositions

4. Retain and Recast current initiatives in this context

Virginia Economic BridgeLogic Flow

• Billions in federal Contracting $$$$ enter the Commonwealth via contractors in NOVA

• All have requirement to outsource ~ 20% to Small Business

• MOST of that leaves the Commonwealth

• Challenge: Incentivize an increasing percentage of those billions to remain in the Commonwealth

• Focus: SWVA

• Issue: Current workforce to support step change in outsourcing to SWVA not yet in place

• Approach: Incremental and focused– Economic Development– Business Development– Workforce Development


• Advocate for Economic Stimulus

• Provide a virtual clearing house for companies seeking a bridge to the economic powerhouse of NOVA

• Implement proven methods and metrics foundational to making the deal

• Preparation of Workforce for competitive bids

• DoD Security clearances

• Testing• Workshops

• Community and Company benchmarking

• Conduct of effective B-to-B forums that focus on the “CommonWealth

Virginia Economic Bridge• Advocate for Economic Stimulus

• Provide a virtual clearing house for companies seeking a bridge to the economic powerhouse of NOVA

• Implement proven methods and metrics foundational to making the deal



$8B

$120M

$40B


$40B$40B

$8B

$120M

$40B


A VEB-centric Model

Gordon Miller


Gordon Miller


Agenda• New Business – Strategic Discussion

2011 GoalsPublic Relations & Policy DevelopmentLegislative Discussion – The Honorable “Chap” Petersen* The Economic Development and Job Creation Commission* The Local Composite Index* The Importance of Job Creation and Retaining Jobs thru Existing

Business Development Services* The "Green" Jobs Bill* The Electric Rate Issue* The Impact of the 2011 Redistricting and

* The Impact of the Loss of Federal Funds in FY12


Future VEB Meeting DatesAt Large “Meet & Greet” Luncheon – July 2010 (TBD)

SWVA “Meet & Greet” Luncheon – August 2010 (TBD)

2010 Annual Fall BOD meeting – September 14, 2010 Lynchburg, VA

NOVA “Meet & Greet” Luncheon – October 2010 (TBD)

At Large “Meet & Greet” Luncheon – November 2010 (TBD)

SWVA “Meet & Greet” Luncheon – December 2010 (TBD)

NOVA “Meet & Greet” Luncheon – January 2011 (TBD)

At Large “Meet & Greet” Luncheon – February 2011 (TBD)

2011 Annual Spring BOD meeting – March 2011 (SWVA TBD)

NOVA “Meet & Greet” Luncheon – April 2011 (TBD)

At Large “Meet & Greet” Luncheon – May 2011 (TBD)

SWVA “Meet & Greet” Luncheon – June 2011 (TBD)


THANK YOU! for listening…

Please feel free to contact me…

Carl E. Mitchell, MSPhone 540.731.6800

Email: [email protected]

10 06-03 veb annual spring bod meeting

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