The ENDOW Regional Assessment. For Business Development and Innovation Zones

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1 The ENDOW Regional Assessment For Business Development and Innovation Zones 1

2 Agenda About ENDOW Business development and innovation zones What is the Regional Assessment? How to use the Regional Assessment Key dates Where to find help 2

3 Economically Needed Diversification Options for Wyoming ENDOW 3

4 ENDOW Senate enrolled Act No. 64 ENDOW Council 15 industry leaders from across the state Director of Diversification 20 Year Diversification Plan 4

5 Innovate. Unify. ENDOW. 5

6 Innovate. Unify. ENDOW. Long-Term State Vision & Accountability Regional Perspective Unified State Support 6

7 Business Development and Innovation Zones Concept Inspiration ANALOGUES THAT WORK 7

8 Alberta s Industrial Heartland 225 square miles of industrial land specifically zoned for business and commercial use Hub for chemical, petrochemical, and oil & gas logistics Over 40 companies Petroleum Fractionation Petrochemical Manufacturing Petroleum Refining Bitumen Upgrading Other industrial centers Organic industrial growth since 1950 Alberta s Industrial Heartland Association formally launched in 1998 Unites five municipalities, three counties, three levels of government, and non-industrial land owners $45 billion invested Workforce of more than 7,000 people ENDOW Business Development and Innovation Zones expand on successful analogues to leverage Wyoming s unique advantages and create fit-for-wyoming solutions 8

9 Fitzsimmons Redevelopment Nearly one-square mile medical campus in Aurora, Colorado Focused on education, patient care, and bioscience research and startups Anschutz Medical Campus (CU Hospital and Health Sciences programs, Children's Hospital Colorado, and the future VA hospital) Fitzsimmons Life Science District $5.4 billion economic impact nearly twice the size of Colorado s ski industry 19,000 employees at the campus 41,000 jobs statewide support the campus 43,000 jobs on campus predicted at full build-out ENDOW Business Development and Innovation Zones expand on successful analogues to leverage Wyoming s unique advantages and create fit-for-wyoming solutions 9

10 BUSINESS DEVELOPMENT AND INNOVATION ZONES 10

11 Business Development & Innovation Zones As Defined by Senate enrolled Act No. 64 [D]efined geographic areas within the state in which local, state and federal permitting and other regulatory requirements will be met for all or significant segments of industry located in the zone or in which industries or businesses would be benefitted substantially as a result of being located in proximity to each other[.] W.S (f)(i) BDIZs Encourage private investment in Wyoming through reduced regulatory risk, innovative incentives, and infrastructure investments Create unique environments where education, workforce training, research, innovation and private sector businesses come together 11

12 Business Development & Innovation Zones Reports Required by senate enrolled Act No. 64 August 30, 2017 Identification of potential business development and innovation zones December 31, 2017 Identification of specific areas which should be designated a business development and innovation zones Considering specific industries Description by location in the state, including recommended boundaries Identification of existing industries in each zone which could be expanded and used to attract other businesses August 1, 2018 Strategy for creation and plans for implementation of business development and innovation zones 12

13 Businesses & Industries in Business Development & Innovation Zones The following industries and businesses are specified in the ENDOW legislation agriculture and agricultural business renewable energy sources advanced clean coal technologies nuclear fuel processing and enrichment hybrid energy sources enhanced oil recovery inland distribution ports international trade food and beverage industry international trust and fiduciary business and related sectors emerging research and technological development value added manufacturing involving Wyoming resources existing, new and emerging economic sectors and subsectors 13

14 ASSET MAPPING to identify Business Development and Innovation Zones 14

15 Purpose of asset mapping Provides objective, data-driven view of assets around the state Tool for communication to and from communities, legislators, and other stakeholders Asset map focus for August 30 report Potential business development and innovation zones Innovations Assets Amenities Other Requirements Markets Incentives Land Ownership Other Considerations BDIZ 15

16 Business Development and Innovation Zones Workflow ENDOW Council Who UW Industry Experts State Agencies Communities - Regional Assessment HOW Compile and Map Statewide Inventory of Assets Identify BDIZ Business and Industries, and Assets Required for Each Map required assets for each business and industry to characterize Assets by Industry WHAT Identify Industrial Assets intersections, consider unmapped requirements to define Business Development and Innovation Zones & Gaps 16

17 Simplified Example Large-Scale Manufacturing Large-Scale Manufacturing Requires: 1. Transportation 1. Rail 2. Highways 2. Labor Force Other assets, e.g. feedstock, electricity & reasonable wages, are excluded here for simplification in illustration. 17

18 Large-Scale Manufacturing Transportation Interstate US Highways WY Highways Railroads Airports flights/day flights/day Near Railroad and Highway 18

19 Large-Scale Manufacturing Workforce County MFG Employment> mile radius centered on county population centers 19

20 Large-Scale Manufacturing Industrial Assets MFG Labor > 300 Near RR and Highway Near RR, Highway, and Labor Force 20

21 CO2 Capture Use and Storage & Large-Scale Manufacturing Industrial Assets All CCUS Assets Present All Large-Scale MFG Assets Present 21

22 An opportunity to communicate your vision for BDIZs in your area, and to ensure that all of your assets are represented REGIONAL ASSESSMENT 22

23 The Regional Assessment What s in it for my Community? Accurate Asset Maps Strengthening Regional Networks Reflect Local Priorities Identification of Gaps 23

24 How to use the REGIONAL ASSESSMENT 24

25 Collaboration is encouraged Information and an invitation to participate in the Regional Assessment have been sent to Counties Cities and towns Local Economic Development Professionals Please work with local economic development professionals and Wyoming Business Council regional directors to collaborate with other counties, cities, or towns in your area. 25

26 Regional Assessment Instructions Regional Description Specific Area Suggestions Industry Focus Geographic Inventory Assets and Infrastructure Community Amenities 26

27 Regional Description List the general information about the region being assessed. Region Name Counties in Region Cities and Towns in Region Regional Assessment Team e.g. Goshen County, Cheyenne, Northeast Wyoming List all of the counties in the region List all of the towns in the region List each team member s role in the assessment, organization, title, and contact information. 27

28 Specific Area Suggestions We want to hear from you. Communities with proposed sites compiled in anticipation of this initiative that are not already in Wyoming Sites are encouraged to contact your Wyoming Business Council Regional Director or Sarah Fitz-Gerald, Industrial Development Manager at the Wyoming Business Council. Some things we d like to discuss: How specific areas might fit with innovations, assets, and amenities A plan to incorporate specific site locations into general industrial asset maps 28

29 Industry Focus For each Industry specified in the ENDOW legislation: Indicate your area s level of focus List any companies you've been recruiting or developing, and any projects, programs or initiatives you've been working on that relate to each industry If there are industries that your area is focused on that are not listed in the ENDOW legislation: Identify each new industry Indicate your area s level of focus List any companies you've been recruiting or developing, and any projects, programs or initiatives you've been working on that relate to each industry 29

30 Geographic inventory Community Amenities City/Town Life Outdoor Life Business Support Services Venture Capital Industrial Services Professional Services Natural Resources Transportation Pipelines Assets and Infrastructure 30

31 What we re not asking for The following assets are already in our statewide inventory: Natural Resources Coal, Oil, Natural Gas, NGLs, Uranium, Bentonite, Trona, Rare Earth Elements, Wind, Surface Water, Ground Water, Iron, Reservoir, Solar, Flat Land, Protected Areas & Biomass. Transportation Road, Railroad, and Air Transportation Pipelines Oil, Gas, NGL, CO2 pipelines and Electrical Transmission and Substations Community Amenities National parks & forests State parks and recreation areas Check out NREX.wyo.gov to see what is in our database. 31

32 Geographic Inventory Community Amenities City/Town Life Amenity Cheyenne Burns Albin Number of Locally Owned Restaurants 26 1 Number of Wineries (within 100 miles) Number of Breweries Number of Live Entertainment Venues Number of Shopping Venues Number of Museums Examples: Locally Owned Restaurants 32

33 Geographic Inventory Business & Industrial Services, Natural Resources, Transportation, and Pipelines Column A Asset Name Column B Geographic Location Type Column C Geographic Location Column D Location Source Column E Notes and Details Name of Asset How you have described the feature s location? Street Address Latitude and Longitude Township, range, and section GIS spatial data Map or internet source Other (like the name of a city) Provide the feature s location How did you find the asset? Describe the asset and tell us anything else you think we should know Examples: Welding Shop Mfg LLC Granite Canyon Quarry 33

34 Key Dates 4/5/2017 Rollout to regionals and local test group for feedback and familiarization 4/12/2017 Follow up with regionals and local test group 5/19/2017 Rollout to communities 6/30/2017 Assessments due back to WBC Please send to 7/15/2017 Deliverables for Aug 30 th report 34

35 You are Essential We re Here to Help WBC Industrial Development Manager Sarah Fitz-Gerald WBC Regional Directors Northwest Leah Bruscino West Central Roger Bower Southwest Elaina Zempel South Central Pat Robbins Southeast Heather Tupper East Central Kim Rightmer Northeast Brandi Harlow

36 Wyomingbusiness.org 36

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