driving economic growth - milwaukee 7 meetings/m7 council 2_27_2014... · m7 m-werc successful...
TRANSCRIPT
Milwaukee 7 Council Meeting
February 27, 2014
DRIVING
ECONOMIC
GROWTH
Chair emeritus Chair
Quarles & Brady Greater Milwaukee Committee
JOHN DANIELS – M7 Co-Chair
Jim LadwigCounty Executive
Racine County
Bryan AlbrechtPresident
Gateway Technical College
AGENDAM7
Business Plan
ProgressReport
SkillsGap
M7 Purpose
Globally
competitive
High-value
employment
Sustainable
quality of life
M7 WIN: Bleum Inc.
Global software development and IT services
company HQ’d in Shanghai, China
Opened its newest software development
center in Brookfield
Will provide software development, testing,
systems integration and outcomes-based
managed services for key solutions and
industries
100 jobs
M7 WIN: Toellner Systems
Manufacturer of packaging automation
systems
Relocation of HQ and mfg ops to Glendale
from Wisconsin Rapids
25 employees
Lead from another business that M7 tried to
lure to the region
M7 Illinois Campaign
Door-opener: Letter from Governor
Walker
Target: 800 manufacturers in northeastern
Illinois with 25 or more employees
43 visits since October
11 return visits from target companies
4 active M-7 prospects
M7 WIN: Kenall
Manufacturer of electrical components
Will relocate – HQ, engineering
and production – to new site in SE Wisconsin
400 jobs in 2014; 620 by 2018;
average salary $55,000
Will construct new 350,000 sf facility
Competitive process: WI v. IL
Collaborative recruitment efforts by M-7, Governor Walker, WEDC,
and local elected and economic development officials
Executive VP Operations
Kenall
Randy Hernandez
M7
41 Active Projects
Pipeline of Prospects
M7
6,000Potential Jobs
Pipeline of Prospects
Exporting
Director
Export Services
Bill Burnett
M7 Survey
M7 Export Survey
www.surveymonkey.com/s/M7_Council
M7 Global Water Center
247 W. Freshwater Way | Milwaukee, WI 53204 | 414-988-8750
Photo Credit: Kahler Slater
M7 M-WERC
Successful Transition of M-WERC into an 8 State Regional Entity
M-WERC authorized FY 14 Technology Innovation Grants ~$450k
M-WERC Board Approved Energy Innovation Accelerator
Completed Two Technology Focus Area Proprietary Road Maps
Major Milestones
Mid-West Energy Research Consortium
M7 SCALE UP
PHASE 1 ACCOMPLISHMENTS
• 24.6% Average projected increase in 2014 revenues above and
beyond initial projections by 2013 Scalerator participants
• 15+ Google Hangouts; 19 video interviews; 1700+ user views
• 7 Local, national or international print media stories;
121 online media stories; 7 TV broadcasts; 2 radio interviews
• 2 Mayoral roundtables; 15 participating entrepreneurs
• 10 Regional universities sent 24 professors to Faculty Workshop
• 75+ Attendees at Financial Stakeholder Workshop
• 210 Attendees at Corporate Venture Forum
M7 SCALE UP
PHASE 2 ACTION ITEMS
• Educational programs for growth-oriented entrepreneurs
• Communicating MKE’s entrepreneurship assets nationwide
• Working with municipal, county and state government to support
entrepreneurial growth
• Collaborating with local e.d. groups to create scale up programs
• Helping to unlock existing debt and equity capital
Skills Gap
President
Imperial Consulting
Dr. Ed Gordon
Milwaukee 7 Council Meeting
November 5, 2013
Driving
Economic Growth
NEXT MEETING:
JUNE 19MILWAUKEE COUNTY