Blueprint Connects! A Statewide Framework for Economic Development for JOB GROWTH.

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Blueprint Connects! A Statewide Framework for Economic Development for JOB GROWTH

Transcript of Blueprint Connects! A Statewide Framework for Economic Development for JOB GROWTH.

Blueprint Connects!

A Statewide Framework for Economic

Development for JOB GROWTH

State of Colorado Key Industry Program

Office of Economic

Development & Intl Trade

Lead

3-5 key stakeholders. Creates the infrastructure and coordinates Strategic Steering Committee and Tactical Task Force. Responsible for aggregating the key industry business plan and overseeing its implementation over

the next 1-3 years.

Core Team

15 C-Level ExecutivesVision & Mission

GoalsPrioritiesValues

Strategic Steering Cmte.30-40 mid-level executives (businesses, state

agencies, existing trade associations, economic development organizations,

workforce development partners, academia, lender and investor communities.

Create and execute implementation plan.

Tactical Task Force

Annual Colorado Economic

Development Forum

Governor

KEY INDUSTRY

15 Key Industries

Aerospace Defense & Homeland Security Food & Agriculture Information Technology

Bioscience Electronics Financial & Business Services

Infrastructure Engineering & Construction Transportation & Logistics

Creative Industries Energy & Natural Resources Health & Wellness Manufacturing Tourism & Outdoor Recreation

Office of Economic

Development & Intl Trade

Lead

Annual Colorado Economic

Development Forum

Governor

State of Colorado Regional Partnership Program

REGIONAL PARTNERSHIP

1 4 Regions (exact final make-up of regions may vary based on particular regional situation]

Northeast Colorado Northern Colorado (NOCO) Metro Denver Pikes Peak Area Central Eastern

ColoradoSoutheastern

Colorado Pueblo

San Luis Valley Southwestern Colorado

Central Western Slope

Northern Western Slope Central Mountains Upper Arkansas

AreaSouthern Front

Range

One Representative from each Region together with OEDIT Regional Development Director

Regional Economic Development Council

8-12 members from the Regional Partnership.

AlignsPrioritizesCreates

Implements

Advisory Committee

30-40 community members and reps. from businesses, existing regional organizations, counties, municipalities, eco-devo organizations, academia, workforce investment boards,

community organizations, nonprofits, etc.

Represents the interests of the region, develops a regional economic development strategy and works with the Advisory Committee to create and execute a regional implementation

plan.

Regional Partnership

Strategic Competitive Advantages

Existing Industry

Strength and Depth

Talent Pool and Training Resources

Costs of Doing Business

State and Global Rankings

Regional Assets

Data: Competitive IntelligenceState-Wide Framework

OEDIT

Federal PartnersGovernor’s Policy and

Initiatives Office

Policy Agenda from all 15 Key

Industries

Policy Agenda for all 14 Regions

Department of Regulatory

Affairs

Department of Revenue

Department of Revenue

Industry Association

Policy:

Red Tape:

Inputs:

Core Objective I: Build a Business-Friendly EnvironmentState-Wide Framework

110 companies

2012: 55 companies

30 companies 2 companies

2013:55 companies

30 companies 2 companies

Manufacturing:5.5% of total*

Key Industries:53.9% of total

By YearState Job and

New Company Growth Goals

100,000 jobs in 2 years

2012: 33,000 Jobs

17,787 jobs 1,815 jobs

2013:67,000 Jobs

36,113 jobs 3,685 jobs

Note: Goals are based on preliminary estimates by OEDIT and Governor’s Office and do not take into account multiplier effect

NOTE: Very high-level benchmark; other internal metrics to be reviewed and analyzed on an as-needed basis going forward

3,200 estimated primary manufacturing jobs created in 2011Source: U.S. Bureau of Labor Statistics. Includes Governor’s Office estimates of forthcoming revisions to jobs data that are currently not published. The jobs figures will be benchmarked based

on Quarterly Census of Employment and Wage data to more accurately reflect the number of jobs in the state than what was estimated based on a survey of establishments.”

Core Objective II: Retain, Grow and Recruit Companies State-Wide Framework

Federal, State and Local Resources

Start-Ups ( SBDC and COIN)

Scale-Ups Working Capital for SMEs

Needs of 15 Key Industries

Core Objective III: Increase Access to Capital State-Wide Framework

State Brand (OEDIT)

Loca

l Age

ncy

Glo

bal A

genc

y

Individual Marketing & Communications Plans

for Each Key Industry and Regional Partnerships

15 Key Industry Working Group Meetings 14 Regional Partnerships Meetings

Core Objective IV: Creating and Marketing Stronger Colorado Brand State-Wide Framework

Work-force

Pipeline

Demand

Core Objective V: Educate and Train the Workforce of the Future (Statewide Framework for all Regions & Key Industries)

REGIONAL AND KEY INDUSTRY

PLANS

Workforce & Education

Assessment & Placements

State Agencies (CDLE, CDHE, CDE, OEDIT)

Statewide Councils (CWDC, ELC, EcoDevo)

Local & Regional Boards & Councils

Workforce & Education Strategy & Policy

Standards & Metrics

Life Long Learning

Workplace Experience Field Trips, Internships Apprenticeships, OJT

Virtual Training & Workforce Resources & CWN – Express Services Teams*

Key Industry Steering

Committee Members

Global Standards and Best Practices

Key Industry Businesses

Supply Workers

Employment

Future Jobs and Skills Required, Opportunities, Needs, Gaps &

Barriers

WF & EDU Tactical Team led by

CWDC SECTOR Committee

Evaluation Methods and

Analysis

Current & Future Job Skills and Workforce Needs Immediate Job Needs

Feedback for continuous

improvement

INFORMSINFORMS

College in Colorado

Connecting Colorado.org

WORKFORCE CENTERS

Virtual Warehouse of Resources by Key Industry & Region*

Bold italic is in R&D

* Pre-K * K- 12 * Adult Education * Technical & Community Colleges* Public & Private Colleges & Universities* Other Training Providers

State of Colorado Key Industry Program

Office of Economic Development & Intl

Trade

Lead

3-5 key stakeholders. Creates the infrastructure and coordinates Strategic Steering Committee and Tactical Task Force. Responsible for aggregating the key industry business plan and

overseeing its implementation over the next 1-3 years.

Core Team

C-Level Executives. Identifies vision, mission, values and core objectives and 2-4 goals for

each of the six Blueprint Core Objectives over three-year timeline.

Strategic Steering Cmte. 30-40 mid-level executives (businesses, state agencies, existing trade associations, economic

development organizations, workforce development partners, academia, lender and investor

communities. Create and execute implementation plan around each of the Blueprint Core Obj..

Tactical Task Force

Annual Colorado Economic Development

Forum

Governor

KEY INDUSTRY

•Build a Business-Friendly Environment•Retain, Grow and Recruit Businesses•Increase Access to Capital•Create and Market a Stronger Colorado Brand •Educate and Train the Workforce of the Future•Cultivate Innovation and Technology

6 Core Objectives of the CO Blueprint

Educate and Train the Workforce of the Future

CWDC Staff will support implementation of goals and outcomes for each Key Industry Workforce and Education Tactical Team.

CWDC Sector Steering Committee is the industry led intermediary for workforce and education in each one of the key industries in partnership with the Core Team Trade Association or Organization.

Core Objective V: Tactical Team

CWDC: Workforce, Education, Industry Intermediary

Goal: build a workforce pipeline for each industry

• Workforce & Education plans within each of the 15 business plans

• Identify common trends and best practices across industries

• Create templates to effectively connect industries to workforce resources

• Recommendations for improvements to workforce and educations systems that serve employers and citizens

Colorado Innovation Network (COIN)

Aerospace

Bioscience

Manufacturing

Information

Technology

Infrastructure

Engineering &

Construction

Health & WellnessTourism &

Outdoor Recreation

Creative Industries

Electronics

Defense & Homeland

Security

Financial & Business Services

Energy & Natural

Resources

Transport. & Logistics

Core Objective VI: Cultivate Innovation & TechnologyState-Wide Framework

Contact Information

Noah AptekarGlobal Business Development Specialist, OEDIT303.892.3761 [email protected]

Emily Templin LeshColorado Workforce Development [email protected]