ODOT Office of Jobs & Commerce Glenda Bumgarner, Deputy Director

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2014 Ohio Planning Conference July 15 & 16, 2014. ODOT Office of Jobs & Commerce Glenda Bumgarner, Deputy Director. Jobs & Commerce Mission…. Aligning transportation strategies and investments with the needs of Ohio’s businesses and workers - PowerPoint PPT Presentation

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ODOT Office of Jobs & CommerceGlenda Bumgarner, Deputy Director2014 Ohio Planning ConferenceJuly 15 & 16, 2014#Office of Jobs & CommerceJobs & Commerce MissionAligning transportation strategies and investments with the needs of Ohios businesses and workers

Promote job creation and retention in Ohio by assisting businesses and communities to deliver transportation solutionsat the speed of business

#Office of Jobs & Commerce2Jobs & Commerce TeamRapid-response team with 6 regional managers dedicated to helping communities move quicklywe are fastreally fast!Business and transportation backgrounds Liaisons between public and private sectorFunding strategists who will help champion complex and sensitive conversations well help get your partners on the bus.

#Office of Jobs & Commerce3We assist Ohios businesses and communities by offering:

Guidance on funding strategies that will help you pay for the projectsData analysis and site intelligence Liaison between JobsOhio, economic development partners, and the business communityProvide service supports that include design, cost estimates, and construction to remove barriers for businesses

#Office of Jobs & Commerce4Current TrendsNon-traditional funding solutions and partnersMovement to competitive funding programs (TIGER, TIDs, etc.)Inclusion of economic impact in project scoringInfrastructure tailored to needs of industry - 80% of all new jobs are created by EXISTING companiesgenerating payroll and sales taxes.The build it and they will come philosophy is expensive and not guaranteed to produce a return. Robust regions and communities are really good at identify the economic impact areas.

#Office of Jobs & CommerceOpportunity to talk about TIGER grants for ED purposes5Jobs & Commerce: Critical QuestionsHow does new or improved infrastructure support job growth?How effectively can and do the partners collaborate?Can partners leverage funding?Are incremental gains (progress!) occurring? Have projects advanced?Risk-adverse? Good! Public dollars

#Office of Jobs & Commerce6Takeaway PointsThe ODOT Office of Jobs & Commerce is a rapid response team that specializes in fast-moving projects on the economic development front.

We can assist you to identify transportation funding mechanisms and strategies ED practitioners and engineers working together!

Your project does not have to be on the ODOT infrastructure we go anywhere to help facilitate job creation and retention for Ohio workers

We have completed over 200 projects and favorably impacted more than 54,000 jobs. We have partnered in project costs upward of $155 million.

#Office of Jobs & Commerce7Contact InformationGlenda Bumgarner(614) 387-5206Glenda.bumgarner@dot.state.oh.uswww.Transportation.Ohio.Gov/Divisions/JobsandCommerce

#Office of Jobs & Commerce8