Thank You!To our 2020 Annual Meeting Sponsors

- 2020-Annual Meeting

Thank You!To our 2020 Annual Meeting Sponsors

About the BEDC

The mission of the BEDC (est. 1985) is to be the catalyst for retention, development, and

attraction of quality jobs in Monroe County.

BEDC OfficersMark Figg – Chair

Sarah Rogers – 1st Vice Chair

Cindy Kinnarney – 2nd Vice Chair

Tyce Carmichael – Secretary

Dave Conner – Treasurer

Reed Adams – Past Chair

BEDC Executive Committee MembersMayor John Hamilton – City of Bloomington

Alex Crowley – City of Bloomington

Jim Sims – City of Bloomington Common Council

Geoff McKim – Monroe County Council

Julie Thomas – Monroe County Commissioner

Scott Oldham – Town of Ellettsville

Michael Farmer – Town of Ellettsville

Change for the New Year

BEDC Staff

Jennifer PearlPresident

Clark GreinerBusiness Development

Director

Ellyn SalleeProject/Development

Manager

BEDC Staff

IU O’Neill SPEA Fellow – Sarah DaliggaIU O’Neill Indiana Leadership Program Intern – Zach Mikus

2020 Annual Meeting Keynote Speaker

21st Century TalentSecretary of Career Connections and Talent Blair Milo

The BEDC Team Jennifer Pearl, Clark Greiner,

and Ellyn Sallee

Vision 2020

Jennifer PearlPresident

BEDC Highlights from the Last Decade

Foundational Work• Helping local employers grow• ID available properties• Public approvals and incentives• Promoting our community

BEDC Highlights from the Last Decade

Larger Scale Projects & Initiatives• TIF District Expansion• Urbanization Plans• Hospital reuse + IU Health

Bloomington Regional Academic Health Center

• Catalent Expansion• Cook Group + Profile Park

BEDC Highlights from the Last Decade

Tech, Life Sciences, Talent• Life Sciences Summits• Career Fairs• Outreach to Alumni• Bloomingtontech.com

BEDC Highlights from the Last Decade

Entrepreneurship • B-Start• The Mill

BEDC Highlights from the Last Decade

Community Conversations• Quality of Place• Housing• Workforce• Entrepreneurship• Transit

2019 Strategic HighlightsOngoing Projects:• Catalent• Cook Group Profile Park• IU Health Bloomington Regional Academic Health Center• Dimension Mill Growth• Trades District Growth

Visioning:• Future Vision for Ellettsville + Envision Ellettsville• Quality of Place and Workforce Attraction Plan

Where We’re GoingChallenges & Opportunities

• Workforce• Housing• Income, cost of living, uneven

connections to prosperity• Property / opportunity fit• Streamlining of local

processes for business• Economic Uncertainty

Additional Opportunities:• Quality of Place• Innovation and

Entrepreneurship• Transit

We Have a Strategic Choice

Position our Community for the Future

Assess and Challenge Existing Models

Focus on a Shared Vision and Outcomes

Comprehensive EconomicDevelopment Plan

Purpose: Deepen coordination with partners to address economic development challenges and advance economic vitality for all.

Aim:• Build Upon Existing Plans• Focus on Achievable Outcomes / Shared Priorities • Be Actionable

BEDC Focus in 2020

1) Comprehensive Economic Development Plan + Community Engagement2) Business Retention and Expansion (BRE) and Attraction3) Talent and Innovation4) BEDC Work

Clark GreinerBusiness Development

Director

2019 Projects by Source

2019 Projects by Industry

Project Submissions

• The BEDC responded to 18 Projects (or 39%)

• Unable to respond to 61% of Projects

• Factors:• Rail Access• Ceiling Height• Building Size• Acreage Availability• Industry Alignment

What Does This Data Reveal?

Great attraction partner in the Indiana Economic Development Corporation

Lack of physical structures of 25k – 100k Sq. Ft.

Solid awareness of the BEDC with site selectors and local companies

An alternative attraction plan may be needed to attract “Best Fit” industries

Bloomington Technology Partnership

BTP in 2019• BTP - Opportunity Expo,

Tech the Halls, Combine, The Mill

• BTP - 71 Job Postings on the BTP website

Bloomington Technology Partnership

BTP in 2020• Tech ecosystem has evolved • Continue support for firms• Organize career events• Promote startup events +

entrepreneurs • Work with area tech

companies + higher education to attract talent and job opportunities

• Upgrade BTP website

Bloomington Life Sciences Partnership

BLSP in 2019• Opportunity Expo• Life Sciences Summit

with IU Kelley School of Business – Center for the Business of Life Sciences

Bloomington Life Sciences Partnership

BLSP in 2020• Organize career events

• Promote startup events

• Promote resources for employers

• Build awareness of needs of life science companies

• Upgrade BLSP website

2020 Focus and Initiatives

Business Retention, Expansion & Attraction

Meet with area businesses leaders to understand business expansion needs

2020 Focus and Initiatives

BRE & Attraction Collaboration

• Work with partners to retain and expand regional employers

• Identify opportunities with IU and Ivy Tech

• Develop attraction plans for best fit industries

Property and Processes

• Inventory properties

• Identify opportunities to streamline approval processes and incentives

• Promote development-ready properties

Ellyn SalleeProject/Development

Manager

Innovation and Talent

B-Start

Since 2015 • 50 Startups• 14 Startups in 2019-2020 Cohort• 73 Participants

Growth of B-Start• 2015, 2016 & 2018: 9• 2017: 11• 2019: 14

B-Start Mentors

B-Start Sponsors

Talent Engagement

IU Alumni Event in Chicago• September 26, 2019• 30 attendees at University Club

Chicago• Many thanks to Duke Energy,

Radius Indiana, The Herald-Times, Visit Bloomington, Samantha Ginther and Jason Salstrom

Talent Engagement

Opportunity Expo• October 10, 2019• Collaboration with “Mill Week”• 14 Tech & Life Sciences Companies• Over 100 Attendees

Marketing & Communications

In Good Company• 9 Articles • 20 People Interviewed

Thank you, Herald-Times!

Marketing & Communications

Publications• The Herald-Times Commercial Property Article• The Herald-Times “It’s Your Business” Article• Press Releases on new staff, B-Start, Annual

Meeting

Marketing & Communications

2019 Speaking Opportunities• IEDA Explore Southern Indiana Conference in

Bloomington• BASCI Board Meeting• Association of Energy Engineer’s Luncheon• Shoemaker Innovation Center at Luddy Hall • Service Provider Showcase at Luddy Hall

BEDC Monthly Reports• BEDC News and Updates• What’s Happening In Our

Community?• What is the BEDC Working On?• BEDC Membership & Regional News• Upcoming Events and Opportunities• Stay Connected!

BEDC Membership

58 Sponsor Members 39 General Members6 Special Members

Welcome New Members

Goals for 2020

• “Friends of the BEDC” Newsletter• Revamp BEDC and BLSP Websites• Increase Social Media Presence• Membership Strategy & Onboarding

Stay Connected!

Bloomington EconomicDevelopment Corporation@Bloomingtonedc

@Bloomingtonedc@bloom_tech@bloom_lifesci@btownstart

Community EngagementBoards and Committees:

Region:• Regional partner meetings• Region 8 Workforce Board• Women in Economic Development (listed in 2019

region section)

County:

City of Bloomington:• UDO advisory committee• Hospital re-use committee• Housing study advisory committee• 4th Street and Trades District garage design

committees• Transportation Demand Management committee

Entrepreneurship & Innovation• SWITCH Study (Southwest Indiana Technology

and Collaboration Hub)• The Mill Board & Executive Committee

Community Partners:• Greater Bloomington Chamber of Commerce

Legislative Council• Ellettsville Chamber of Commerce Board of

Directors• Vision for the Future of Ellettsville• Visit Bloomington Board• Best Places To Work Bloomington Committee• Bloomington Housing Authority• SCI REMC Operation RoundUp• Monroe County Historical Society Advisory Board• Bell Trace Advisory• Tri Kappa Alpha• Lemon Council

An Invitation

To engage with the BEDC…

StrategyBTP & BLSP

Membership and sponsorships

Ideas and feedback

Thank You!To our 2020 Annual Meeting Sponsors