columbus 2020 - collaborate to compete

12
MAY 2014

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Presentation by Kenny McDonald, Chief Economic Officer, of Columbus 2020 to the Canadian Network of Metropolitan Region's event Collaborate to Compete in Niagara Ontario.

TRANSCRIPT

Page 1: Columbus 2020 - Collaborate to Compete

MAY 2014

Page 2: Columbus 2020 - Collaborate to Compete
Page 3: Columbus 2020 - Collaborate to Compete

ECONOMIC SECTORS

Page 4: Columbus 2020 - Collaborate to Compete

NOTABLE EMPLOYERS

Page 5: Columbus 2020 - Collaborate to Compete

ABOUT COLUMBUS 2020

Purpose To substantially grow and improve the 11-county Columbus

Region’s economic base by generating opportunities and building economic development capacity for the future growth and property of the metropolitan area.

2020 Goals Generate 150,000 net new jobs Generate $10 Billion of announced capital investment Raise per capita income by 30% by 2020Key Activities Assist local economic base companies to expand and grow Attract marketing leading companies to the Columbus Region Accelerate high-growth enterprises and entrepreneurs Continuously improve the civic infrastructure

Page 6: Columbus 2020 - Collaborate to Compete

ABOUT COLUMBUS 2020

Workforce Attraction

Market Leader

Attraction

Regional Collaboration

Global Trade and Investment

Gathering intelligence and helping companies compete

Competitive investment from market leaders and emerging stars

Creating a dynamic growth environment

Growing the talent base

Embracing civic infrastructure

Competing globally by leveraging global networks

Business Growth and Expansion

Workforce Attraction

Support of High-Growth

Companies

Market Leader

Attraction

Regional Collaboration

Global Trade and Investment

Gathering intelligence and helping companies compete

Attracting competitive investment from market

leaders and emerging stars

Creating a dynamic growth environment

Growing the talent base

Embracing civic infrastructure

Competing globally by leveraging global networks

Requirements of a 21st century economic growth strategy

Page 7: Columbus 2020 - Collaborate to Compete

ECONOMIC MARKET

Page 8: Columbus 2020 - Collaborate to Compete

THE JOBSOHIO NETWORK

Page 9: Columbus 2020 - Collaborate to Compete

SUCCESS INDICATORS

Page 10: Columbus 2020 - Collaborate to Compete

2000-2005 2005-2010 2010-2014

(40,000)

(20,000)

0

20,000

40,000

60,000

80,000

100,000

12,367

(23,056)

Net New Job GrowthColumbus Region 2000-2014

+81,000 represents 49 months vs. 60 month periods

JOB GROWTH: 5 YEAR NET NEW

Page 11: Columbus 2020 - Collaborate to Compete

To begin - focus on WHAT needs to be done, not WHO needs to do it Economic development is a professional activity You need a strategy – but you have to have a bias for action The strategy must be business directed and publically supported The strategy must be long term – more than an administration, but

executed with great urgency We must approach the market in the way that the market looks at us

(metropolitan areas) Metro areas are important actors and critical to the nation’s success

WE BELIEVE

Page 12: Columbus 2020 - Collaborate to Compete

Columbus 2020

150 S. Front St., Suite 200

Columbus, OH 43215

columbusregion.com | 614-225-6063

THANK YOU