Independent Economic Development Task Force Meeting 6 September 18, 2013 K. Gleasman

Agenda Review and approve meeting notes from Mtg #5 Status agency discussions (progress from 9/11/13) – All Iterate o Definition of Economic Development o Decision criteria o Targeted company profile Calendar Other topics from task force Public Comment Adjourn 9/18/20132

Review and approve meeting notes from Mtg #5 9/18/20133 Transylvania County Independent Economic Development Task Force 9/11/2013 Meeting #5 Members Present:  Bradford  Gleasman  Harris  Higgins  Neumann  Watkins  Whitmire Members Absent:  Bradford  Gleasman  Harris  Higgins  Neumann  Watkins  Whitmire Others Present:Various members of public, Kevin Smith representing Transylvania Times Recording Secretary:Karen Gleasman ITEM DISCUSSION BEYOND SLIDE DECK ACTION Review and approve Mtg Notes 4Approved Karen to correct date of meeting on the notes Status for agency discussions Decided each agency answers questions individually All will continue with connections Chamber of Commerce will be contacted again - RH Trans Partnership - F. Porter and exec comm wants to come here- DN EDAB - will meet 9/12 8AM - DB HOB - met 9/11 expect response 10/11 - KG TDA - questions ed, will meet 9/26 - JW TC Office of Plng and ED - expecting written response - RH City of Brevard - will be contacted 9/16 - BH Town of Rosman - met 9/10, expect response 10/10 - BH/DW Status other action items M. Burrows county stats Oct 2 8AM Friday 13, tour TVS Karen to contact Trisha for public notification InterBike trade show - attendees will look for econ dev ops HC vs TC econ dev - Wes Dickson to discuss with us Brand and Marketing defn's Brand - that which makes you distinct from others, can be valued financially Marketing - process of comunicating with customers when you don't communicate they will make stuff up Transylvania can have bad connotation - connect to real meaning THROUGH THE WOODS Updated Roadmap to complete tasks Develop decision criteria for EDOAble to attract investment/reinvestment decision Responsive to community we're doing this for Easy to access - user friendly Human capital includes great value from our volunteer base Clear communication and cooperation amongst parts Obvious - easy to explain/understand Facilitates economic development not necessarily creates econ dev Addresses the whole of the county Other Topics Meet with product development team Karen to contact Don Shurett Small business stats you never knew article confirms employees Agriculture - need to explore multigenerational implications and ways to create culture attractive to young farmers Public Comment For commisioners to accept org that we develop, neet to come up with org direction with milestones Success will depend on commissioners buy-in Is branding premature for this task force Adjourn

Status for agency discussions On average in less than 5 minutes per; focus on progress since 9/11/13…. o Connection made? o Date of next board meeting? o Any issues? o Other progress relative to these discussions 9/18/20134

Iterate: Definition of Economic Development “Economic development is a process by which a community creates, retains, and reinvests wealth, and improves the quality of life.” David Dodson, MDC Inc, Chapel Hill, NC 9/18/20135

Iterate: decision criteria for EDO decision Covers all seven elements of solid approach to economic development o Recruitment o Existing Industry Effort o Small Business Development o Entrepreneurial Development o Workforce Development o Culture Creation o Vision/Leadership/Accountability Anticipated good return on financial investment Great utilization of human capital o Including great value of our volunteers Able to attract investment and reinvestment Responsive to community we’re doing this for Easy to access – User friendly Obvious – easy to explain/understand Facilitates economic development not necessarily creates economic development Addresses the whole of the county Clear communication and cooperation amongst parts 9/18/20136

Iterate: Targeted company profile Target Company Profile Rev range: $5M - $50M Number of employees: Retention/expansion of current businesses Quality of place is big draw 9/18/20137

Other topics from task force members 9/18/20138

Public Comment 9/18/20139

Adjourn 9/18/201310

Calendaring Future Topics As we consider these; let’s keep in mind roadmap to complete assigned tasks. What role do these topics play in refining or augmenting the steps along the paths? What is appropriate timing – now, soon, later? Mountain Bizworks - later Lean Startups - later Rails to Trails - later Other 9/18/201311

Targeted industry brainstormed list 9/4/2013 Goldsmith IndustriesIndustries Target Company Profile NutraceuticalsAerospace industry partsCut & SewRev range: $5M - $50M Outdoor Recreation EquipmentComposites3D Printing Number of employees: Food and Beverage Consider methods of mfg: e.g. precision maching, web based Environmental industries, e.g. recycled matls -> t-shirts Retention/expansion of current businesses Automotive PartsBrevard CollegeBRCCQuality of place is big draw Sports, Health, and WellnessBambooCamps Solo WorkerDestination spaMedical equipment TourismDestination health clubLabs e.g. biomedical Research lab: e.g. farm/agriBuild musical instruments Food processing, e.g. applesMore movies here Artisanal agriculture, e.g. mustards, Do More barsMusic recording studios Expansion of TVS (tour opportuntity) Parts/supplies for existing comp., e.g. cans for OSKAR BLUES More like Everett Farms, Busy Bee 9/18/201312

Roadmap to complete 3 tasks Have brainstormed list of 25 targeted industries Reviewed and modified: TC Assets TC Challenges Targeted companies profile Approach to econ development Branding Marketing 9/18/ /11/20 13 underway