Where We AreWhere We Are

Regional Partners in E i D l tEconomic Development

• Regional Municipalities

A ti C itt f 50• Action Committee of 50

• Access AtlanticaAccess Atlantica

• Bangor Region DevelopmentAlliAlliance

• Target Development CorporationTarget Development Corporation

• Bangor Region Chamber of Commerce

• TriCounty Workforce Investment Board

I iti l C ll b tiInitial Collaboration

• EMDC as facilitator

• Creation of network

• Defining common goals

• Recognizing the lack of a comprehensive strategy

Th N t kThe Network• Natural evolution of a regional desire for progress

• Restructuring to strengthen regional groups/organizationsg p g

• End of PVCOG

• Creation of Norumbega Group

M bili M iMobilize Maine• ConnectMaine

• Fairpoint seed dollars

R i l h t i d l t• Regional approach to economic development

• Greater Bangor Region Mobilize Maine• Greater Bangor Region Mobilize Maine

Greater Bangor RegionGreater Bangor Region Mobilize Maine

Private Sector Leadership• Private Sector Leadership

• Regional Goal Development

• Regional Benchmark Development

• Regional Asset Identification

• Short-Term Wins/Strategic Initiatives

A t B d A hAsset Based Approach

• Asset Mapping Teamspp g

• Data Collection

• Short Term Wins/Strategic Initiatives

A t E l tiAsset Evaluation• Innovation Engineering Training

• Eureka Ranch – Doug Hall

Fail Fast/Fail Cheap• Fail Fast/Fail Cheap

• Meaningful UseMeaningful Use

I d t S t S l tiIndustry Sector Selection

• Existing Industry Identificationg y

• Emerging Industry Identification

• Industry Leader Listening SessionsSessions

Mobilize MaineMobilize Maine Regional Visiong

• Development of an asset• Development of an asset-based regional vision

• Bold goals with regional participationp p

• Driven by private sector leadership

O R i l Vi iOur Regional Vision

• By 2020, the region’s economy grows so that the people who live here enjoy a median y 0 0, t e eg o s eco o y g o s so t at t e peop e o e e e e joy a ed ahousehold income equal to or greater than the national average.

• We will transform the region’s economy by building on our strengths in forest products, g y y g g p ,transportation, education, and recreational tourism and by capturing new opportunities in biomedicine, research and technology, business conferencing, and data transmission.

• By working with one another, our region’s economy will be innovative, vibrant, and sustainable, fostering a robust and diverse community where people, young and old, choose to live, work and play.

R i l Vi i Ad tiRegional Vision Adoption

C it E t• Community Engagement

• Partner Participation• Partner Participation

H W G t HHow We Got Here

Shifti PShifting Processes

• Streamlining workflow

• Increasing collaboration

• Increasing efficiencies

M i i i C it lMaximizing Capital

Shifting WorkforceShifting Workforce Development p

Job Seeker based Old• Job Seeker-based Old Model

• Business-based New Model

Old ModelOld Model

EMDC ModelEMDC Model

Shifting BusinessShifting Business Development p

• Business Visitation Pilot Project• Business Visitation Pilot Project

• Pilot Partners

• Outcomes

• Business Resource Center

• WebCats

Comprehensive and C ll b ti E iCollaborative Economic

DevelopmentDevelopment• Internal Organizational Changes

• Increased efficiency

• Increased understanding

• CEDS Process

• Mobilize Maine Regional Vision’s Role

P i t S t P ti i ti• Private Sector Participation

I l di R i l P tIncluding Regional Partners

• EMDC’s internal changes affect relationships with i l tregional partners

• Municipal economic development professionals• Municipal economic development professionals

• Network partnersp

Wh R i M tt ?Why Regions Matter?• White House Memo to All

• Agencies for FY2011 Budget:

“Many important challenges demand a regional• Many important challenges demand a regional approach. The Nation is increasingly a conglomeration of regional economies andconglomeration of regional economies and ecosystems that should be approached as such. Federal investments should promote planning andFederal investments should promote planning and collaboration across jurisdictional boundaries.”

Goal: Create a single regional strategic economic development plan supported by private sector that not only satisfies federal agencies (such as EDA/DOL/WIA/HUD/DOT), but also provides direction for the region to achieve economic growth and sustainability.

Giving Mobilize MaineGiving Mobilize Maine the Reins

• Private sector engagement

• Mobilize Maine leadership guidance

L tti th h li h d id• Letting those who live here decide

Wh t C N tWhat Comes Next

Advancing Common gStrategies

• Regional Vision Action Plans

Mid point benchmarks• Mid-point benchmarks

• CEDS priorities p

• Transportation/Tiger II

• Livable Communities

• Energy/Pathways

Workforce Development priorities• Workforce Development priorities

Single Regional VisionSingle Regional Vision is the Keyy

• Measurable Action Steps by Sector

• Measurable Benchmarks by Sector

Regional Vision SampleRegional Vision Sample Objectives j

• Tourism Industry

• Develop workgroup to focus on development/upgrade of tourism facilities in the region by 3/30/2011g y

• Support BCVB in developing a comprehensive tourism database by 12/31/2011 that includes yattractions and potential developments.

• Construction of a new conference/convention center capable of holding 1,500 attendees in multi-day event by 2014.

TourismTourism

E h i C ll b tiEmphasis on Collaboration

• Financial Capital Developmentp p

• Local venture capital/Sidecar Fund creation

• Environmental Capital Development

• Asset-based prioritization

• Human Capital Development

• Business/Workforce integration

Continued Private SectorContinued Private Sector Engagementg g

• Regular Mobilize Maine regional meetings

• Development of additional regionaladditional regional Mobilize Maine effortsefforts