economic development deal-making toolkit
DESCRIPTION
Some of the tools an economic developer should have in their toolkit and how those tools were used to land a project. Presented by Will Davis at the 2014 VEDA Conference.TRANSCRIPT
Which Tools
EconomicDevelopmentStrategy
1.
Which Tools
SpecificTargetMarkets
2.
Which Tools
Available Sites And Buildings
3.
Which Tools
World-ClassCustomerService
4.
Our Economic
Development
Strategy
MissionGoalsObjectives
1.
SpecificTarget MarketExamplesFoodDistribution & LogisticsAdvanced Manufacturing
2.
Watkins Centre
Meadowville
Areas for Food Targets
Airport Ind. Park
Walthall Area
Available Sites & Buildings3.
World-Class Customer Service
Immediate AssistancePractical Incentives
4.
Putting theToolboxto work
Landing aPaper Giant
$2 Billion2,000 Jobs
Attraction Strategy
A University ConnectionIntense CollaborationPublic & Private Allies
1.
Matched Target
Advanced ManufacturingLarge EmployerHuge Investment
2.
Available Manufacturing Site
JamesRiver
IndustrialCenter
850-Acre Site
3.
World-Class Service
All Hands on DeckLogistics & VisitsHand-holding
4.
Practical Incentives
Technology ZoneFast-track PermittingComplete Commitment
It is amazing what you can accomplish if you do not care who gets the credit.