wedc all staff ppt bid v 6 0 dj 6 6-12
TRANSCRIPT
Division of Business & Industry Development
As the State of Wisconsin’s lead economic development
organization, the Wisconsin Economic Development
Corporation (WEDC) nurtures business growth and job
creation in Wisconsin by providing resources, technical
support, and financial assistance to companies, partners and
the communities they serve.
WEDC Mission Statement
Board of Directors
CEO & Secretary’s Office
Finance & Administration
Entrepreneurship & Innovation
Business & Industry
Development
Economic & Community
Development
International Development Marketing
WEDC Organization
• R&D & investment capital
• Effective entrepreneurship support network
• Advance targeted, high-growth business consortia and industry sectors
• Enable high performing economic development network
• Invests in high quality job creation and attraction opportunities
• Increase Wisconsin exports
• Increase foreign investment
• Expand export capacity
• Promote Wisconsin as a business-friendly location
• Advance business-growth-supporting policies
• Provide WEDC with the tools, technology, and support to meet strategic goals and operational advantage
Business & Industry DevelopmentMission Statement
Leveraging industry leadership to
accelerate growth and high quality jobs
by advancing targeted, high impact
initiatives in Wisconsin.
Goals
Engage: 25 High-value opportunities
Advance: 7 Priority Investments
Assist: 200 Unique WI businesses via targeted industry support
Achieve: 3:1 minimum overall investment leverage ratio
Promote: Workforce development and alignment
Low Managed Risk
Sustainable
High ReturnHigh Job Creation
High Economic Impact
Industry-Led
General Qualifying Criteria for Investment
Engagement Criteria
Aggregate Impact (State, Region, Local)
Percent of State Employment
Geographic Distribution and Density (Location Quotient)
Sector Growth Momentum
Percent of State GDP
Driver Industry/Connectivity to other sectors
Confers Unique Competitive Advantage / Competitive Urgency
Specific Investment Criteria
Discrete organization, single identity
Core leadership: specific roles, titles, and responsibilities
Formal charter
Strategic plan
Operating plan for at least the current fiscal/calendar year Key priorities
Currently available funding
Future or pending funding, what and when
Formal partnerships
Account Management
Opportunity Management
Project Management
Opportunity 1
• RFP• Contract/MOU
Project 1• Reporting
Opportunity 2
• RFP• Contract/MOU
Project 2• Reporting
Project 1• Reporting
Account
• RFI
Lead
Sector Manager Assignments
Sector Manager
Sectors Contact Information
Shelly Harkins
Manufacturing Defense
Sector Manager Assignments
Sector Manager
Sectors Contact Information
Kathy Heady
TransportationEnergy
Sector Manager Assignments
Sector Manager
Sectors Contact Information
Luke Fuszard
Financial Services [email protected]
Sector Manager Assignments
Sector Manager
Sectors Contact Information
Gail MacAskill
HealthcareLeisure/HospitalityRecreation ArtsAerospace
Sector Manager Assignments
Sector Manager
Sectors Contact Information
Seyoum Mengesha
Minority Business Development
Sector Manager Assignments
Sector Manager
Sectors Contact Information
Cate Rahmlow
Water TechnologiesDairy & Food ManufacturingAgricultureForest Products & Paper
Business & Industry Contact Information
Lee Swindall Vice President [email protected]
Dani Jones Project Coordinator [email protected]
Bob Pope Research Analyst [email protected]
Q&A