Leading Regional Transformation Change Through Innovation

Thought Leadership Capital

Initiatives

Regional Business and Stakeholders

LEDO/REDO Civil

I-69 Executive Committee

I & E Networks

Civic Collaborations

Quality Connected

Places

Branding & Marketing

Products, ProjectsAnd Processes

• STRIVE Network• Higher Ed. Pipeline• Events• Programs• Youth Think Tank• Business and

Professional Exchange

• TCA• Tech on Tap • Co-working

Space• Virtual

Accelerator Ecosystem

• Online Community

• Kauffman Ventures

• Elevate Ventures

• Crane• BridgeLink• Hoosier Voices• MidState

Connector• IMCP• Community

Exchanges• Council of

Elected Officials • LEDO

Roundtable

• Interchange Inventory

• Shovel Ready • Site

Development• Physical Rural

Innovation Center

• Branding Focus Groups

• Website Development

• “Telling our Story”

• “We Innovate Here” Campaign

I-69 Innovation Corridor

• Programs & Curricula

• Partnerships • Marketing

Brain Power

REGIONAL SPECIALIZATION OF ECONOMIC ACTIVITY

INDUSTRY CLUSTERS

REGIONAL ADAPTIVE CAPACITY

ECONOMIC DYNAMISM &QUALITY OF LIFE

CATALYSTS OF CHANGE

Social & Cultural Trends

Technology

Random Events

Globalization

INNOVATIONHUBS

Drivers of Regional Economic Success

Population, Employment, and Personal Income Trends: Evansville MSA Compared to the U.S. 1970-2011

From 1970 to 2011, population in the Evansville MSA grew by 20 % compared to 53 % for the United States.

•

From 1970 to 2011, employment in the Evansville MSA grew by 56 % compared to 93 % for the United States.

From 1970 to 2011, personal income in the Evansville MSA grew by 117 % compared to 168 % for the United States.

www.headwaterseconomics.org

0

20

40

60

80

100

120

140

160

180

1970

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1981

1982

1983

1984

1985

1986

1987

1988

1989

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1991

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1992

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1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2003

2004

2005

2006

2007

2008

2009

2010

2011

Index:

1970=

100

Population, Evansville MSA - agg Compared to United States

Recession Evansville MSA - agg United States

0

50

100

150

200

250

1970

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1981

1982

1983

1984

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1986

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1989

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1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2003

2004

2005

2006

2007

2008

2009

2010

2011

Index:

1970=

100

Employment, Evansville MSA - agg Compared to United States

Recession Evansville MSA - agg United States

0

50

100

150

200

250

300

1970

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2003

2004

2005

2006

2007

2008

2009

2010

2011

Index:

1970=

100

Personal Income, Evansville MSA - agg Compared to United States

Recession Evansville MSA - agg United States

The Case for Transformational Change• Over the past three decades the I-69 Corridor Region has

experienced below average growth in key indicators of economic success (employment, population, and personal income)

• The rapid pace of change makes catching up a difficult proposition if the region continues on its existing path

• Regions that have outperformed the national economy tend to be characterized by higher levels of innovative capacity

• I-69 presents a tremendous opportunity to focus on strengthening the region’s innovative capacity

Human Capital: 30%

Economic Well-Being: 10%Productivity and Employment: 30%

Economic Dynamics: 30%

Innovation Index Components

Innovation Index (U.S. = 100)

I-69 Corridor Region 86.3

Boise, ID 110.5

Indianapolis, IN 97.1

Kansas City, MO-KS 95.5

Knoxville, TN 91.3

Portland, OR 112.8

San Jose-Sunnyvale-Santa Clara, CA 125.1

“I don’t know what I don’t know.”“What questions should I ask?“I don’t have time to go to college”“Where do I go to find an investor?”“How do I get an investor to invest?”“How do I get this product made?”“Will this work?”“Should I patent this?”“My idea is worth millions.”

Prototyping

Networking Events & SpacesTechnical Mentors

Feedback

EducationLeaders & Feeders

Co-Working Space

Pitch Practice

New, Tech, and Growth Venture

Tech on TapJavas Jumpstart

Shared Contacts

Makerspace

Virtual Accelerator

Technology Commercialization Academy

Online CommunityAccess to

Legacy Companies

Strategy 1: A progressive education system that develops individuals that are flexible, adaptable, willing to take risks,

and easily mobilized;

Strategy 2: Developing world-class educators through innovative teacher education degree programs and professional development programs and/or centers;

Strategy 3: An innovative curriculum with full integration of students, families, educational systems, regional institutions,

organizations, and business.

Our vision is that we will be an education village environment that fosters a knowledge based, innovation economy.

Brainpower Task Force

MarketingPartnershipsPrograms

&Curricula

Team Leader:Michael Thissen

Team Leaders:Chris KinnettDaniela Vidal

Team Leaders:De Brown

Makenzie Coulter

Proposed Ideasand Activities

Ap

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Eval

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"The Brainpower long term goal is to advance our next generation regional workforce by encouraging lifelong learning and achieving 60% attainment in post-secondary degrees & high quality credentials by the year 2025."

Question and Answer