columbus 2020 - collaborate to compete
DESCRIPTION
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
MAY 2014
ECONOMIC SECTORS
NOTABLE EMPLOYERS
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
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
ECONOMIC MARKET
THE JOBSOHIO NETWORK
SUCCESS INDICATORS
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
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
Columbus 2020
150 S. Front St., Suite 200
Columbus, OH 43215
columbusregion.com | 614-225-6063
THANK YOU