econa presentation to ace february 19, 2013

. Flagstaff Campus Expansion

•Currently at 19,000 Students on the Main Campus

•Total Enrollment of 27,000

•Arizona Board of Regents Goals

• 1. 25,000 Students at Main Campus

• 2. Double our Research Funding from the current of $70 million to $150

million

•More construction in the next five years a must to accommodate the growth

.

Flagstaff Campus Expansion

•Replacement of existing 50-90 year old structures

•New Residence Hall and Dining Facilities

•New Academic Facilities

•New Research and Laboratory Buildings

.

Upcoming Projects – Near Term

Wall Aquatic Center Replacement•$30-35 million budget•RFP to be out soon

University Field House Fire Life Safety Upgrades•$4.5-$4.9 million budget•RFP out soon


NACET Business Accelerator•25,000 s.f.•$8.0 million budget•Design Bid Build Project•Design RFP on the street – City of Flagstaff


Arizona University Research Infrastructure Initiative•Build Research Capacity •New Research Facilities•$800 Million - $1.0 Billion


Will be announced in May 2013Basket Ball/Multipurpose ArenaFacilities needed for the next 10 -20 years

Athletics Master Plan

Upcoming Projects – Mid to Long Term

• Health Sciences Education Building

• Research and Technology Park

• Olympic Training Facility – NAU currently holds the Olympic Rings

Upcoming Projects – Mid to Long Term

Projects Underway

• Arizona University Initiative• Build Research Capacity • New Research Facilities• $800 Million - $1.0 Billion

Projects Underway

Health Sciences Education Building – Phoenix Biomedical Campus•Completion of Shell Space – Program Expansion•$8.0 million budget

Projects Underway

A Vision, Strategy and Action Plan to StrengthenOur Economy Today and Position Ourselves for the Future

ECONA

Economic Collaborative of Northern Arizona


I believe we all agree that Northern Arizona is the best place to live, work and raise a family. We recognize our unique opportunities and challenges. We have traveled extensively around the State. During those travels, We have

been repeatedly reminded of the many reasons each of us chooses to live in Northern Arizona and We are also reminded of the reasons why Northern Arizona is praised by those inside and outside of our State. This praise is

because we work to our unique strengths, we are humble enough to recognize and overcome our challenges, we are innovative and we exude an optimistic attitude of success.

While we have received accolades for weathering the current economic storm, we must stay focused on continual improvement activities that will lead to accomplishing our goals. Some of the action items will be a continuation and improvement of what we have done well and other action items will be new and necessary adjustments designed to

keep Northern Arizona a leader in job creation and economic prosperity.Realizing this vision and accomplishing this mission will take the collective efforts of all Northern Arizona

What ECONA asks of you is a commitment to continued hard work, entrepreneurialspirit, and innovation. Economic development is everyone’s job – public and private, business and government, rural

and urban, small business and large.

What ECONA commits to is to never forget that it works for you and will work tirelessly to strengthen Northern Arizona

companies, bring more business to the region, support our unequaled quality of life and ensure the world knows that

Northern Arizona is a great place to do business.”


A VISION FOROUR REGION: Northern Arizona will lead the State as the best performing economyand be recognized as apremier businessdestination.

A MISSION STATEMENTFOR MAKING THIS VISION A REALITY:Northern Arizona will excel in job creation, innovation, entrepreneurship,global business, qualityworkforce and have a stable andsustainable business friendlyenvironment.

A GOAL: Create jobs! Significantly increase the wealth and prosperity of Northern Arizona.


One of the most important “ingredients” of our future success is collaboration and leveraging of private and public sector resources. This collaboration is evident in the “unprecedented partnerships” between private sector interests, state and local elected officials, community and business leaders, as well as organizations such as the Chamber of Commerce, NABA, Arizona Commerce Authority, Coconino County, City of Flagstaff, Northern Arizona University, Science Foundation Arizona, Northern Arizona Center for Emerging Technology, Flagstaff Medical Center, Arizona Public Service, Nestle Purina, Coconino Community College, Downtown Business Alliance, Flagstaff 40, SEDI, and countless other entities that work together for the advancement of Northern Arizona.

NOT BY CHANCE OR COINCIDENCE…I


Our vision for Northern Arizona is coming into focus, but there is a lot to be done. We must be willing to learn, we must adapt to a changing environment, and we must work harder than ever to accomplish our shared goals. The following objectives and action items will take us to the next level as we emerge from this historic economic downturn faster, stronger, and better-positioned to succeed.

NOT RESTING ON OUR LAURELS…


If you don't know where you are going, you might wind up someplace else. Yogi Berra

A person who never made a mistake never tried anything new. Albert Einstein

ECoNA Update

ECoNA’s Purpose/History

Create Jobs and Wealth for the Region

Developed by all Sectors Recognizing the Need to Compete

Create Collaboration

Create Consortiums

Eliminate Duplication and Redundancy

Leverage Resources

Solve Long Term Economic Development Problems through strategic action

Bring Resources That Allow for Job and Wealth Creation


Reminder: economics 101and the economic outlook


Quality of Life: Flagstaff is quite remarkable in that it has the advantages of a small town with the benefits of a major urban area

o Smaller, safer community with the supportive infrastructure. o Flagstaff Medical Center is a regional medical center that has all of the

services and sophistication of major urban medical center including a Class 1 trauma center, neurosurgery, neurology, cardiology, open-heart surgery, and full cancer center.

o Robust telecommunications, fiber, and data systems. o Less than two hours to Phoenix o "Year round" outdoor activities o Strong tourism sector attracted by the many amenities that provide a

high quality of life for the residents of Flagstaff. A town that never stops and has more offerings of things to do it is hard to decide what things to enage

Lowell Observatory Flagstaff Symphony Orchestra - world class symphony – very

unusual for a community this size. Professional and high level arts and culture

Theatrikos – Community Theater Flagstaff Light Opera Company Flagstaff Community Band, Flagstaff Community Orchestra


Flagstaff Medical CenterNorthern Arizona Healthcare

Level 1 Trauma CenterRegional Medical CenterAll major specialities


Northern Arizona University theater, opera, art galleries, symphony, band, jazz, choral, dance, and youth arts academy.

College Athletics - Northern Arizona University Museum of Northern Arizona Many art galleries and studios Diverse Outdoor Activities Coconino Center for the Arts Pine Mountain Amphitheater – Name Acts and Shows A large number festivals, car shows, special events Flagstaff Extreme Outdoor Adventure Course Hiking, biking, mountain climbing, and downhill and cross country

skiing. o Excellent public, private, and charter schools with national and state wide

reputations with high capacity advanced prep courses. Also a STEM excellent community

Flagstaff Unified School District - Basis School Charter School Northland Preparatory Academy Flagstaff Arts and Leadership Academy St. Mary’s School

o Major university and robust community college. Northern Arizona University – 19,000 Students Coconino Community College – 5,000 Students

o Four seasons - a nice way to say snow o Extensive youth and adult sports leagues o Live music scene o One of two quality ski areas in Arizona, Snow Bowl will be making snow

this season. Expanded ski runs, faster lifts, improved lodges. o Quality diverse housing options. o Regional shopping hub.


Industry: o Extensive support for large businesses, small business, entreprenuers ,

start-up businesses: - NACET Business Incubator - City of Flagstaff Economic Vitality - ECoNA - Flagstaff Chamber of Commerce - Coconino County Career and Workforce Center - Small Business Development Center - SCORE - Coconino Community College - Northern Arizona University

o World class technology and bioscience business incubator NACET

- Over $70 million in angel investment in the past two years - NACET manages the Center for Entrepreneurial Innovation in

Downtown Phoenix, Embry Riddle University Incubator in Prescott Arizona, and the technical transfer activities for Northern Arizona University


o Science based industries in the biosciences and astronomy are a major component of the Flagstaff economy. A few examples:

Biosciences WL Gore – Implantable Medical Devices – 2700 employees Machine Solutions – heart stent machines and heart stent

research and development Prent Corporation – medical packaging Pathogen – pathogen diagnostics and treatment

modalities Translational Genomics North – translational research

laboratory – pathogen genetics and genomics Protein Genomics – genetic protein expression diagnostic

and treatments. Northern Arizona University Research Scientists


• 2100 Associates in Flagstaff• Building three new plants• Research and Development• Over 600 associates in Phoenix• Adding 500 new associates in Flagstaff• Adding 500 new associates in Phoenix


Developing Novel MolecularDiagnostics to Improve theTreatment and Prevention ofInfectious Diseases


Prent CorporationMedical Packaging


Astronomy – some of the most sophisticated astronomical research in world occurs in Flagstaff.

Lowell Observatory – One of the largest private observatories in the world with a collaborations and research with astronomers around the world.

Discovery Channel Telescope (DCT) - $50 million telescope recently completed as a collaboration of Lowell Observatory and Discovery Channel Television. DCT has state of the art research capabilities and features not found anywhere else in the world.

USGS Astrophysics and Astrogeology Division US Naval Observatory

o Anderson Mesa Interferometer Anderson Mesa Research Observatories (Lowell, US Naval

Observatory) Northern Arizona University – Largest undergraduate

astronomical sciences program in the country National Undergraduate Research Observatory Several telescope and optics manufacturing companies

Astronomy in Flagstaff

Lowell ObservatoryAstronomy & Planetary Science ResearchAstronomy & STEM Outreach

U S Naval ObservatoryPositional Services – GPS Fleet Timekeeping Services – Start LocationDeep Space ResearchOrbital object oversight

NAUDept of Physics & AstronomyNASA Undergraduate Research Branch

U S Geological SurveyAstrogeology BranchAstrophysics Branch

~ $100,000,000~ $100,000,000

The Discovery Channel Telescope

The Discovery Channel Telescope

ResearchUnusual (and advantageous) ownership model

$53,000,000$53,000,000

OutreachDiscovery Education Networks reaching >30M kids nationwide

The Cherenkov Telescope Array

The Cherenkov Telescope Array

$150,000,000$150,000,000


o Advanced Manufacturing Advanced Manufacturing requiring sophisticated automated

facilities and a highly trained talented workforce is another major component:

Nestle Purina SCA Tissue Joy Cone Schuff Steel IML Manufacturing

o Experiencing large growth in remote professional employees who can work anywhere in the world and have chosen Flagstaff for quality of life.

Located on BNSF Trans-Continental Main line Two Major Freeways – Interstates 17 and 40 Easy Access to major markets – Phoenix, Southern California, Las Vegas, and Salt Lake


Workforce: o Highest educated workforce in Arizona is ideal for:

Medical Device Manufacturing Bio Sciences Advanced Manufacturing Medical Services Software / App Development (because it can be done anywhere) Logistics (I-40 Corridor)

o Higher education supports business NAU University to Business program Intern programs. Coconino Community College corporate learning and training

programs SBDC helps new businesses get started.

o Regional workforce drawing skilled labor from the Navajo and Hopi

Reservations, Verde Valley, Winslow, Williams, Grand Canyon

FOUR SAMPLE OBJECTIVES


Strengthen and Grow Existing Northern Arizona Businesses1

Increase Innovation, Entrepreneurship & Investment2

Increase State, National, and International Business3

Improve the Workforce – Prioritize Education to Develop the Workforce of the Future4


OBJECTIVE ONEStrengthen and Grow Existing Northern Arizona Businesses

■ Strengthen relationships and identify areas of opportunities for economic development with municipalities, industry associations, and other economic development, tourism, and film partners.

■ Convene quarterly meetings to coordinate goals and activities with economic development stakeholders

■ Sustain growth in economic clusters to provide high paying jobs in strategic industries that demonstrate

the best opportunity for future expansion.• Visit Northern Arizona companies to identify opportunities for expansion.• Conduct targeted industry summits and roundtables with stakeholders and

partners to discuss industrysector needs and opportunities.■ Support small businesses through programs such as the Procurement and

Technical Assistance Center(PTAC), Business Resource Centers (BRCs), Rural Fast Track, Small Business

Development Centers(SBDCs), and Business Expansion and Retention (BEAR).■ Increase business opportunities in Northern Arizona by identifying unserved

and underserved high-speed Internet service areas and by developing a plan to extend broadband service.

■ Maintain Northern Arizona’s status as a major cross roads by continuing to fund vital transportation and infrastructure projects, airports, etc. Work closely with legislators.

■ Maintain access to high-quality health insurance at competitive costs.


“Clusters are geographic concentrations of interconnected companies,specialized suppliers, service providers and associatedinstitutions in a particular field. Clusters encompass an array oflinked industries and other entities important to competition.”Michael E. Porter, “Clusters and the New Economics of Competition”, Harvard Business Review

The key is to bring industry, talent, government, universities, technologyand capital together around industry sectors that possessthe greatest opportunity for success. Their collective excellenceallows all companies within the cluster to grow and thrive, resultingin increases in the standard of living within a region


OBJECTIVE TW0Increase Innovation, Entrepreneurship & Investment

■ Support early stage companies by working with the State Legislature to ensure that the currenttax and regulatory environment is changed to allow or continues to encourage investment.■ Support and strengthen entrepreneurship and company growth through programs and partners such asBusiness Resource Centers, NACET, international export training, and rural outreach and mentoring.■ Expand Northern Arizona’s capacity for technology-based economic development by opening a nationally recognized interdisciplinary bio-focused research development and commercializationcenter and technology park at Northern Arizona University.■ Continue to foster high-powered research and commercialization collaborationsby expanding the number of world-class innovators recruited to theNorthern Arizona Center for Entrepreneurship and Technology, NAU, TGEN North, Pathogene, etc. ■ Drive start-up business growth and foster more interaction between localcompanies, entrepreneurs, and regional higher education institutions by providing business servicesand project management through Science Foundation Arizona, Flinn Foundation, Arizona Commerce Authority■ Train Northern Arizona’s future entrepreneurs and innovators by connecting private industry with institutions ofpublic and higher education through programs such as the NACET student entrepreneur program and SEDI Seeds.■ Attract capital to the State and help introduce start-up companies to potential investors through NACET angel investor training, ACA venture fund, the developing Arizona Fund of Funds (an economic development program aimed at providing access of alternative and non-traditional capital to Arizona entrepreneurs)


OBJECTIVE THREEIncrease State, National, and International Business

■ Double exports in the next five years and increase international business and tourism by mentoring andtraining Northern Arizona companies to compete globally, facilitating trade missions and trade shows, and strengthening international and diplomatic relationships.■ Promote Northern Arizona’s image through targeted business, tourism, and film marketing and public relationsefforts.• Build critical mass within each of the State’s strategic industrial clusters by promoting the vibrancyand strength of Northern Arizona’s business environment and recruiting targeted businesses.• Develop a Northern Arizona ambassador program made up of business organizations and individuals located inside and outside of the State in order to receive input and to improve the recruitment of targeted businesses and businessleaders to Northern Arizona. • Establish a business-marketing and public relations committee to improve the effort in promoting Northern Arizona’s many business friendly attributes and incentive programs.• Grow Northern Arizona’s tourism industry and increase statewide visitation by continuing to promote Northern Arizona as a premier tourist destination.• Market Northern Arizona as the premier leisure and business travel destination by creating a customer serviceprogram through which all Northern Arizonan’s and tourism-related companies will promote the Northern Arizona Brand. • Attract major motion pictures and television series to the Northern Arizona by continuing to promote Northern Arizona as a premier film location. ■ Increase job creation and capital investment in the State by working with the ACA and the Governor to create incentive programs that are competitive, sustainable, and used selectively.■ Increase the velocity of capital flow by further supporting and developing an environment that encouragesprivate capital investment in the State from local, national and international sources.■ Increase the number of direct flights into and out of Northern Arizona..

■ Excite our students and champion our teachers to ensure that we prepare our students for the jobs of the future by coordinating economic development plans with the various education commissions and providing input on the commission’s recommendations.■ Ensure that the curriculum taught in public education (K-12) is rigorous and aligned with workforce needs in order to prepare students for higher education and future Northern Arizona jobs.■ Connect higher education, industry and government to identify industry workforce needs and ensure plans are in place that will deliver a trained and ready workforce for the future. For example continuing the partnership betweenworkforce development, economic development and higher education to conduct Cluster Acceleration Partnership (UCAP) projects.■ Support and promote jointly-funded technology incubators and encourage the creation of additional hands-on educational programs for K-12 and higher education students, such as SEDI SEEDS, NACET, Innovation Gateways and the Workforce Innovations in Regional Economic Development (WIRED) initiatives.■ Move Northern Arizona toward becoming a national leader in preparing students for the global economy by supporting a K-12 “dual immersion” language programs.


OBJECTIVE FOURImprove the Workforce – Prioritize Education to Develop the Workforce of the Future

ECONA

Economic Collaboration Model

Advisory Council

Executive Committee

President/CE0

Economic Development Stakeholders 110 Members

Financially Contributing Investors Representing Designated Sectors

Point Person, Voice and Face of ECoNA

Economic Development Action Teams

Redevelopment

Economic Gardening

Work Force Retention / Expansion

Attraction

ECoNA Executive Board Structure

Executive Board Sectors and Founding Board Representatives

• ECoNA President/CEO – Richard Bowen• Small Business - Julie Pastrick, Flagstaff Chamber of Commerce, President/CEO• Large Business – Bill Calloway, General Manager, Nestle Purina and Chris Bavasi – Board Chair• Utilities – David Bentler, APS, Corporate Economic Development Director• City Government – Scott Overton, City Council Member• County Government – Larry Dannenfeldt, Coconino County, Deputy County Manager, Mandy

Metzger, County Supervisor• Education – Leah Bornstein, President, Coconino Community College• Development/Real Estate – Ken Berkoff, President, 1st Realty Development• Non-Profits – Kerry Blume, Executive Director, United Way• Financial Services – Andy Phillips, President, Sun West Bank• Tribal Sector – Kevin Lombardo, CEO, Hopi Tribe Economic Development Corporation

Other Founding Board Members:

John Haeger, Northern Arizona University, PresidentStacey Button, City of Flagstaff, Economic Vitality DirectorKevin Burke, City of Flagstaff, City Manager

The Executive Board Currently consists of representatives from 10 sectors. Representative entities from each sector combine their resources to invest a minimum of $40,000 per year for at least three years.

ECoNA Update

Northern Arizona UniversityFlagstaff Chamber of CommerceCity of FlagstaffCoconino CountyState of Arizona – Governors OfficeUnited Way of Northern ArizonaGoodwill Industries of Northern ArizonaFlinn FoundationFlagstaff Medical CenterNestle PurinaWL GoreArizona Public ServiceCentury LinkCoconino Community CollegeFlagstaff Unified School DistrictCAVIATWood Springs RanchQuality ConnectionsNACET Boulders Realty AdvisorsShephard Wesnitzer, Inc.JE Dunn ConstructionHopi Tribal Economic Development Corporation

ECoNA Update

To-Date

Jobs Tally – 638 new jobs created

Annual Economic Impact - $25 to $30 Million

ECoNA Update

2012/2013 Positives:

1.Growing Interest in Collaboration and Consortium Building2.Flagstaff Perception In Market Place – Serious Business Environment – Phoenix Partnerships 3.Community Interest in Competing – Solving Long Term Economic Constraints4.Growth of NAU, WL Gore, FMC, Tourism, NACET, Bioscience Start-Ups, Machine Solutions, TGEN, International Business, Lowell, Astronomy, Flagstaff Chamber of Commerce5.I-40 Economic Corridor6.Winslow and Williams Interest7.Retail Sector Growth – New Companies 8.Recent Tax and Competitiveness Legislation9.Arizona Commerce Authority Partnership - Grant10.US Commercial Service Partnership – Representative11.NACET – Growth and Expansion12.Machine Solutions – Venture Capital Investment and Growth13.Quality of Life – Community Assets

ECoNA Update

2012/2013 Challenges:

1.Weak Economy2.Job Losses – Southwest Wind, Motor Excellence3.Capital - 4.Competitive Environment5.Development Process – Getting Better6.Immigration Perceptions7.Local Business Conditions

1. Lacking Real Estate – Private Land2. Infrastructure

1. Dated or Lacking3. Cost of Living – Home Prices4. Trailing Spouses/Partners Positions


Expand the ECoNA Private Partners Mid-size companies, Bioscience Companies, Phoenix Firms

Venture Capital Marketing/Contacts Rick Meyers – AZ Board of Regents Foresight – Machine Solutions Expanded Marketing – connections

Sector Work Biosciences, Astronomy, Software, Manufacturing, Forest Products

Innovation Greater connections to ASU, UA, MIT, and other university innovation parks

Digital and Software Based Economic Development Tools

More Active Business Recruitment Process

Advisory Council Meetings – Every other meeting webinar/virtual On-going consultation

2012/2013 Work Plan Additions

ECoNA Update

Business Retention and Expansion Revolving Loan FundMountain Heart and Machine Solutions ACA Grant

- COF and Chamber of CommerceTGEN laboratory Expansion – 12 jobs – City of FlagstaffNovakinetics ExpansionBR&E Action Team

Bellemont Industrial Land DevelopmentIDA or CFD

US Commercial Service Partnership Arizona Commerce Authority – Grants, Training, Workforce

DevelopmentUS Commercial Service – International TradeJoy Cone Rail Spur Expansion – 22 jobsAstronomy Sector Meeting – March 27thBioscience Sector Meeting – March 27th

Flinn Foundation Grant – 10KSTEM –

First Flight Education Science Foundation AZ State of Black Arizona NAU, CCC, FUSD

ECoNA Update

Business Retention and Expansion

Winter Snow Play Task ForceTourism - ExpansionEmployee Ownership Center Work Force Training

- Manufacturing Certificate- Work Force Training Center - Sinagua- CCC, NPC, MCC Training Consortium

Marketing Firm – Regional ExpansionContractor – Regional ExpansionFlagstaff Extreme – Course Expansion – Tourism GrowthBoard Member – Arizona Export District CouncilWL Gore – Work Force Professional RecruitingArizona Cardinals Retention – Expansion of Economic ImpactFilm Industry Professionals –

- Bringing more film and commercials to NAZQuality Connections – Consulting to improve website

- Significant sales increaseACA 2012 Rural Economic Development Grants

- 10 Grant Submissions for Flagstaff Companies

ECoNA Update

Business Retention and Expansion

Cardinals Retention – Expansion of Impact Bio Computational Center ‐

- Bioscience Infrastructure Development

Business Attraction/DevelopmentIML NNGE – New Flagstaff Offices – May 23rd ReceptionVASTCO Corporate Office

Wood Springs Ranch – CampSolar MasterNiPro OpticsFlagstaff Extreme Outdoor Adventure – County ProjectCherenkov Telescopic Array – Now a Serious ContenderBNSF – Trans Loading FacilityNorth Pole Experience – County ProjectGold TipProject Caution, Project Veneer, Project Mill Twin Arrows CasinoProactive Recruitment – John Stigmon and Business Attraction Committee

Sun Corridor Alliance – City of Flagstaff Arizona Commerce AuthorityICSCAZBio Expo and Bio International Conference – John Stigmon

Four Forest Restoration InitiativeSnow Park - City of FlagstaffOverland Expo 2012 – 4-6 Thousand – Mormon LakeRetail Updates Tourism IncreasesEvans AlloysMNM Manufacturing

Business Attraction/Development

-Taylor RyMar – Established a Flagstaff Office-Health Consultation Call Center-Business Investment Company-Real Estate Development Firm-Pioneer Forest Products-Grain Distribution Company-Retail Expansion-Hotel Company – New Hotel for Flagstaff -Seedspot – AOL Steve Case – Start-up America-New Forest Products Company-Arizona Energy Export, LLC – 5 employees-Voltmarc – Automated Circuit Tracing Company-Hensel Phelps Development – Downtown Redevelopment-AE Dunn – Development Opportunities in NAZ-Noresco – Established a Northern Arizona Office-Logistics and Transportation Hub

- BNSF- Distribution- Intermodal Facility- Port of Los Angeles and Chicago Rail Facilities- Southwest Region Hub

-Project Raindance-Project Raven

ECoNA Update

Business Start-up

Northern Arizona Center for Entrepreneurship and TechnologyInnovation Mesa Business AcceleratorInnovation Summit 2012Extreme Entrepreneur TourNAU Startup WeekendNAU Technology TransferTGEN North

Legislation/Lobby Work for 2013SB 1242 – Movie and TV Production Tax CreditsHB 2341 – High Wage Jobs Bill SB 1438 Bio Similars and Biologics BillHB 2342 – Increased Research; tax credit refundHB 2948 – Community College Primary Tax Referendum

ECoNA Update

Planning

$50,000 ACA Vision Grant – See attached

$100,000 CTAA Regional Transportation System Grant

Pre-Development Plan

Transportation Plan - Summit

Long Range Strategic Plan

Innovation Mesa

ECoNA Update

Redevelopment Recognizing that redevelopment is a robust tool for creating jobs and wealth in the region and that when the combination of public and private resources are invested in the redevelopment of existing buildings, streetscapes, commercial zones, downtowns, neighborhoods, and brown fields a significant ROI and leveraging of public and private investments is created by much larger subsequent private investments attracted and created by the improvement to the business potential. The ECoNA Redevelopment Action Team is designed to create collaboration among the ECoNA identified community sectors around existing and new redevelopment projects and ideas. The action team will encourage the development of appropriate redevelopment projects in the region. The Action Team will provide support and assistance to both private and public entities currently developing projects. The Action Team will seek funding sources to allow redevelopment projects to move forward. In some cases the Action Team will lead consortiums in organizing and driving redevelopment projects.

2012 Action Plan Downtown Flagstaff Grants Route 66 Project Brownfield Grant Fourth Street Utility Master Plan Consulting Help Arts District/Incubator

ECoNA Update

Work Force Action Team- Manufacturing Certificate- Work Force Training Center- CCC, NPC, MCC Training Consortium- Industrial Maintenance Mechanic

Economic Gardening Team- Combined SEDI Seeds and ECoNA Team- Focus on ‘Growing Your Own’-


The Flinn Foundation provided a grant to the Economic Collaborative of Northern Arizona (ECoNA) to create and implement a tactical plan to insure the strategic plans created by the Bioscience Road Map are realized and accelerated. The tactical plan development is on-going and certainly has provided a focal point for the bioscience community to collaborate. We have discovered that the process to create the plan has sparked interest and activity to move forward with haste with the completed portions of the plan. Also an interesting dynamic is that the process to implement portions of the plan also provides a feedback loop that informs and modifies the plan. At this point in time we estimate that the plan is 30-40% complete. The process to develop the plan has included a collaborative effort of the major bioscience related institutions and companies. At the time the report is complete and presented to the Flinn Foundation and the community portions of the plan will either be achieved or certainly underway. Below is a synopsis of the larger themes and progress to-date:

Flinn Foundation Grant – Bioscience Tactical Plan for Northern Arizona


Infrastructure Northern Arizona like much of rural Arizona lacks the critical infrastructure for the biosciences to expand and incubate. Several initiatives have been identified:

1. Innovation Mesa a. 25,000 s.f. Laboratory Building adjacent to the Northern Arizona Center for

Entrepreneurship and Technology (NACET). $7.8 million dollar project. b. Allows Tier 2 Bioscience Companies appropriate lab growth space and solves the

inability of the private real estate market to meet this demand. c. Recently received a $4.0 million grant from the Economic Development Administration. d. Recently received a $1.5 million grant from the Arizona Commerce Authority. e. Northern Arizona University is contributing $100,000 to the project costs. f. City of Flagstaff will bond the balance of the project cost. g. Construction expected to begin fall 2013.

2. Flagstaff Airpark Bioscience and Technology Park

a. Technology park set aside for bioscience and technology companies. b. Roads, Water, and Sewer now available c. Working with APS to build a new substation to increase the power available


1. Bio-computational Center a. Work has begun to actualize this effort. b. Budget has been developed and a community consortium is working to develop the

funding model. c. One of the big needs towards making Flagstaff a Bioscience Cluster is the ability to store,

handle and analyze big data. A Bio-Computational Center that combines the infrastructure of a Data Center (big servers etc) and the capabilities of a Computational Center (connected computational biologists and programmers). A Center that can support TGen, NAU, NACET (and its clients) and others in the community. Benefits of such a Center: 1. Allows robust heavy computational research enterprises like TGen North to continue to grow and expand and be on the leading edge of its respective field (economic retention and development) 2. Allow for NAU to get into the Big Data game. This is a must if NAU CS and CENS are to be successful in building out a bioinformatics program 3. This would likely be a draw for other similar businesses to come to Flagstaff if they have computational needs (anything "science"-based is by definition "data"-based) (economic development) 4. Such a center will require some staffing, and a position could be built in to a proposal. It will also be a perfect place for CS and Bio interns from NAU and CCC (economic and education development) 5. Would be a great technology-based center to add to the STEM City concept (community development)


1. NAU Research Park – Long Term Plan a. Being developed on land adjacent to the south end of the campus b. Will be used to develop research future research collaborators such as TGEN. c. Will serve bioscience entities as well many other science based research labs.

2. NAU Science and Health Laboratory Building

a. Expansion of NAU laboratory space - expansion of NAU’s bioscience programs

3. Pre-Development Plan a. $50K Grant from the Arizona Commerce Authority to pre-develop land and

infrastructure to allow industrial and bioscience companies to grow or locate in the greater Flagstaff area.


Workforce

1. Lab Tech Program - Coconino Community College 2. Customized Training – Bio-Medical Engineer Anatomy Curriculum – Coconino Community College 3. Expanded genetics and genomics curriculum - NAU 4. Expanded Bioscience Programs – NAU 5. Expanded Allied Health Programs – NAU 6. Industry Collaboration to insure high quality schools and education system. 7. STEM

a. Flagstaff is developing a program to become a STEM excellent community b. Significant work by major community groups such as ECoNA, Flagstaff 40, University,

CCC, FUSD, City of Flagstaff to develop funding to implement an aggressive STEM program in the public and charter schools.


Research

1. TGEN Expansion 2. FMC Clinical Trial Expansion 3. Planned NAU Bioscience Research Growth 4. Outreach to ASU, UA, AZ Bio, Science Foundation Arizona

a. Intellectual Property for commercialization by companies in Northern Arizona


Industry Collaboration

1. Sector Meetings a. Two meetings b. Opportunities and requirement projects developed. c. Focused on cluster concept and collaboration to attract other bioscience companies to

the region. d. Incubate new bioscience companies and also attract companies to solve the trailing

partner/spouse employment issue and provide sufficient industry density to attract the most talented employees

e. High Quality of Life – General Economic Development to insure a robust community f. Develop appropriate affordable housing options to insure the diversity of employee

demographics. This is an issue that not only affects the biosciences but all industry sectors in flagstaff.

g. Sector working closely with ECoNA to create a sophisticated business attraction process. h. Attended the Bio Conference with a Flagstaff Contingency i. Capital Development Plan –

i. Critical element to expansion of start-up companies ii. Angel Investment

iii. Direct investment from major companies such as WL Gore, FMC iv. SBIR, Grants v. Arizona Commerce Authority Grants

vi. Alternative Financing vii. Northern Arizona Capital Fund

1. Collaborative Effort of ECoNA, NACET, City of Flagstaff, Flagstaff Chamber of Commerce

2. Currently has $750,000 to loan


Industry Growth

1. General University Growth 2. TGEN Expansion 3. Pathogen Expansion 4. FMC Growth – 150 employees in the next two years 5. Machine Solutions Expansion

a. $50 million Venture Capital Infusion b. Plan to grow from 75 employees to 150 employees in the next two years c. Possibly build a new facility

6. WL Gore Expansion a. Plan to add 500 new employees to Flagstaff in the next two years

Program, Services, Impact

• Industry infographic

ements• Business Plan• Open Book Accounting• Mandatory Quarterly Business Review• Monthly Meetings• Participation and Engagement• Accountability & Follow-Through

Services• Coaching and Counseling• Mentors, Advisors, Managerial and

Financing Contacts• Seminars, Workshops, & Continuing Ed• Financial & Business Strategy • Referrals & Networking• Funding and Pitch Preparation• Fellowships/internships• Student Research Teams• Space, Infrastructure & Office Services

Student Incubation Program• Addressing Brain Drain• Full-Time Students from Any

Discipline• Entrepreneurial Environment &

Culture• All Benefits of Incubation Program• Office Space• Grant Funds from NAU

iew - Client Statistics• 28 Companies in 2011• 2011 Total Revenues: $5.7m• 2011 Total Payroll: $7.3m• 2011 Total Assets: $8m• $1 in City investments = $14.60

direct payroll dollars

201 Client Statistics• Net New Jobs Created: 37• Total for 2009-2011: 202• EDA 10 Year Requirement: 500• Requirement met in 3 years: 40%• Investment dollars raised in 2011: $22.6 M

– Total investments 2009-2011 $70 M• $1 in City investments = $45.29 outside

investment dollars

Managing these Incubators: - Client StatisticsCenter for Entrepreneurial Innovation – Downtown PhoenixEmbry Riddle UniversityCity of CottonwoodCity of PrescottTown of MaricopaIn discussion with Mesa

econa presentation to ace february 19, 2013

Documents

prosperity of northern

leadnorthern arizona

thatnorthern arizona

upcoming projects mid

action plan

northern arizonacompanies

arizona board of regents

small business