1. Business Development and IT
EUD Strategic Planning Jan. 2014
Photo by: Teri Brunnmeier
Business Development and IT
Bill Arent, Director
City of Las Vegas Economic & Urban Development
SIM Las Vegas, August 21, 2014

2. EUD Strategic Planning Jan. 2014
Current Labor Market
Where are we today?

3. Regional Labor Market (Clark County)

4. City ED Strategy – 9 Goals
EUD Strategic Planning Jan. 2014
City ED Strategy – 9 Goals
Strengthen & expand LV Medical District
Support long-term success of Downtown Project
Pursue new development / re-development opportunities
Engage in comprehensive business recruitment & prospect mgt.
Market / Promote CLV for new investment & employment
Target SBIR/STTR recipient companies
Utilize new incentive tools to encourage Dev./Re-Dev.
Expand the Cities’ BRE program
Enhance the quality of place in Las Vegas

5. CLV Targeted Industries
EUD Strategic Planning Jan. 2014
CLV Targeted Industries
Business IT Ecosystems
Security, Environmental
Digital Media
3D Printing, Software, E-Commerce
Financial Services
Industrial Banking, International
Health & Medical Services
Academic, R&D, Tourism
SBIR / STTR Award Recipients
Phase I, II, and III
Tourism, Gaming, Entertainment
New Growth and Expansion
Industrial Manufacturing
Emphasis:
Start-ups / Entrepreneurs
Targeted Industries
Higher Wage
Positive Employment Growth
Existing Expansion Opportunities
New or Expanded Opportunities:
UAV / UAS Systems
Film Industry Program
LVGEA Focus:
Aerospace, Defense, and UAVs
Business & IT Ecosystems
Clean Technologies
Global Finance, Banking, and Business Services
Healthcare & Life Sciences
Logistics, Manufacturing, & Assembly
Tourism, Gaming, & Conventions
GOED Focus:
Aerospace & Defense
Agriculture
Energy
Healthcare IT
Logistics & Operations
Manufacturing
Mining
Tourism & Gaming

6. EUD Strategic Planning Jan. 2014
Moving Forward
Where are we going?

7. Local vs. National Jobs Market
A look at location quotients

8. Location Quotient: Tourism “Proxy”

9. Location Quotient: Government

10. Location Quotient: Retail Trade

11. Location Quotient: Construction

12. Location Quotient: Technical

13. Location Quotient: Manufacturing

14. Location Quotient: Health Care

15. Location Quotient: Management

16. Location Quotient: Information

17. Takeaway: What Las Vegas Needs to ask itself
EUD Strategic Planning Jan. 2014
Takeaway: What Las Vegas Needs to ask itself
What kind of community do we aspire to be?
Where is the national economy headed?
Where is our current economy headed – if we maintain status quo effort?
How do we not get left behind?
How do we champion a “skate to the puck” mentality for technical training and higher education?

18. Business Development and IT
EUD Strategic Planning Jan. 2014
Photo by: Teri Brunnmeier
Business Development and IT
Bill Arent, Director
City of Las Vegas Economic & Urban Development
SIM Las Vegas, August 21, 2014