Transcript
Page 1: Vermont Connected Keynote Address by Julie Lenzer Kirk

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The Quest for Sustainable Regional Prosperity

United States Department of Commerce

Julie Lenzer Kirk

Director, Office of Innovation and

Entrepreneurship

Page 2: Vermont Connected Keynote Address by Julie Lenzer Kirk

• Increase U.S. global economic

competitiveness

• Help communities become:

• Resilient

• Agile

• Economically stable

Improved quality of life

START WITH THE END IN MIND

Why do we do what we do?

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• Regional approach address unique needs

• Invest in the ecosystem builders

• Focus on capacity building

• Preference for public / private partnerships

• Looking for catalytic investments

HOW DO WE DO IT?.

Creating the conditions for economic growth.

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• Regional and national grant programs

• Public works authorization focused on

distressed communities

• America COMPETES funding removes

distressed requirement

• Leverage data into information

• Identify and share best practices

• Programs across the continuum

dependent on community stage

WHAT DO WE DO?.

Investments, Tools, and Connections

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HIERARCHY OF NEEDS

Basic Infrastructure

TransportationUtilities

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HIERARCHY OF NEEDS

Technology Infrastructure

Basic Infrastructure

BroadbandCellularWireless

TransportationUtilities

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HIERARCHY OF NEEDS

Business Support

Technology Infrastructure

Basic Infrastructure

IncubatorsAccelerators

PoliciesCapital

BroadbandCellularWireless

TransportationUtilities

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HIERARCHY OF NEEDS

Engines of Innovation

Business Support

Technology Infrastructure

Basic Infrastructure

Universities / R&DCommercialization

CapitalPoliciesIncubators

AcceleratorsPoliciesCapital

BroadbandCellularWireless

TransportationUtilities

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HIERARCHY OF NEEDS

Connected Ecosystem

Engines of Innovation

Business Support

Technology Infrastructure

Basic Infrastructure

Universities / R&DCommercialization

CapitalPoliciesIncubators

AcceleratorsPoliciesCapital

BroadbandCellularWireless

TransportationUtilities

Page 10: Vermont Connected Keynote Address by Julie Lenzer Kirk

HIERARCHY OF NEEDS

Connected Ecosystem

Engines of Innovation

Business Support

Technology Infrastructure

Basic Infrastructure

CULTURE

Universities / R&DCommercialization

CapitalPoliciesIncubators

AcceleratorsPoliciesCapital

BroadbandCellularWireless

TransportationUtilities

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Realized potential.

Sustainable, global competitiveness

Improved quality of life.

THE BOTTOM LINE

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Julie Lenzer [email protected]

Director, Office of Innovation and

Entrepreneurship

U.S. Department of Commerce

Economic Development Administration

THANK YOU!


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