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

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Presentation on theme: "Blueprint Connects! A Statewide Framework for Economic Development for JOB GROWTH."— Presentation transcript:

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

2 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 Executives Vision & Mission Goals Priorities Values Strategic Steering Cmte 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 AerospaceDefense & Homeland SecurityFood & AgricultureInformationTechnology BioscienceElectronics Financial & Business Services Infrastructure Engineering & Construction Transportation & Logistics Creative IndustriesEnergy & Natural ResourcesHealth & WellnessManufacturingTourism & Outdoor Recreation

3 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 DenverPikes Peak Area Central Eastern Colorado Southeastern Colorado Pueblo San Luis Valley Southwestern Colorado Central Western Slope Northern Western Slope Central Mountains Upper Arkansas Area Southern Front Range One Representative from each Region together with OEDIT Regional Development Director Regional Economic Development Council 8-12 members from the Regional Partnership. Aligns Prioritizes Creates Implements Advisory Committee 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

4 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 Intelligence State-Wide Framework

5 OEDIT Federal Partners Governor’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 Industry Association Policy: Red Tape: Inputs: Core Objective I: Build a Business-Friendly Environment State-Wide Framework

6 110 companies 2012: 55 companies 30 companies2 companies 2013: 55 companies 30 companies2 companies Manufacturing: 5.5% of total* Key Industries: 53.9% of total By Year State Job and New Company Growth Goals 100,000 jobs in 2 years 2012: 33,000 Jobs 17,787 jobs1,815 jobs 2013: 67,000 Jobs 36,113 jobs3,685 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 2011 Source: 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

7 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

8 State Brand (OEDIT) Local Agency Global Agency 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

9 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 INFORMS 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

10 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 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

11 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

12 Colorado Innovation Network (COIN) Aerospace Bioscience Manufacturi ng InformationTechnology Infrastructur e Engineering & Construction Health & Wellness Tourism & Outdoor Recreation Creative Industries Electronics Defense & Homeland Security Financial & Business Services Energy & Natural Resources Transport. & Logistics Core Objective VI: Cultivate Innovation & Technology State-Wide Framework

13 Contact Information Noah Aptekar Global Business Development Specialist, OEDIT o.us Emily Templin Lesh Colorado Workforce Development Council


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