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80+ foundations $30 million over three years Focus on transformational opportunities NEO The Fund’s Mission Encourage and advance regional economic transformation.

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Presentation on theme: "80+ foundations $30 million over three years Focus on transformational opportunities NEO The Fund’s Mission Encourage and advance regional economic transformation."— Presentation transcript:

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2 80+ foundations $30 million over three years Focus on transformational opportunities NEO The Fund’s Mission Encourage and advance regional economic transformation

3 STRATEGIES Targeted Grantmaking

4 GRANT MAKING BioEnterprise JumpStart Foster entrepreneurship and business formation Team NEO MAGNET Support employers so they will locate, grow, and remain in NEO Nortech Technology Leaders Group Promote new industry clusters through technology innovation Transition economy from low- growth sectors to newer ones with greater employment and societal wealth creation.

5 STRATEGIES Measure Economic Progress (Dashboard, Barometer) Targeted Grantmaking

6 Skilled Workforce Working Age Population Urban/metro Structure Legacy of Place Racial Inclusion Location Amenities Business Dynamics Income Equality Regional Gross Product Employment Growth Per Capita Income Growth NEO DASHBOARD Productivity

7 STRATEGIES Measure Economic Progress (Dashboard, Barometer) Targeted Grantmaking Engage the Public (Voices & Choices)

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9 May - Oct. 2005Oct. - May 2006 June - Oct. 2006 WHAT WE HAVE DONE SO FAR Citizen Interviews Northeast Ohio Regional Town Meeting Community Conversations Online Prioritizing Televised Programming Northeast Ohio Regional Town Meeting Economic Analysis (Dashboard) Leadership Team Summit Leadership Engagement Implementation Leadership Workshops PHASE I ID Strengths and Challenges PHASE II Define Vision and Challenges; Prioritize Challenges PHASE III Create and Prioritize Solutions PHASE IV Implemen- tation

10 May - Oct. 2005Oct. - May 2006 June - Oct. 2006 PHASE I ID Strengths and Challenges PHASE II Define Vision and Challenges; Prioritize Challenges PHASE III Create and Prioritize Solutions PHASE IV Implemen- tation WHAT’S NEXT? Citizen Interviews Northeast Ohio Regional Town Meeting Community Conversations Online Prioritizing Televised Programming Northeast Ohio Regional Town Meeting Economic Analysis (Dashboard) Leadership Team Summit Leadership Engagement Implementation Leadership Workshops

11 DEVELOPING A REGIONAL AGENDA Grow new industries and strengthen existing economic base Ensure work force preparation and educational excellence Foster economic and racial inclusion Encourage government collaboration and efficiency Emerging Themes:

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