Building a Diverse and Vibrant Regional Economy. February 27, 2017

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1 Building a Diverse and Vibrant Regional Economy February 27, 2017

2 Agenda I. Welcome II. Process Review III. Technical Overview IV. Regional Strategy Overview V. Implementing the Plan VI. Working Lunch/Council Breakouts VII. Councils Report Out VIII. Next Steps

3 Process Review Kim Wilmes Florida s Great Northwest

4 Regional Strategy Process Discovery Phase Strategy Development Phase Implementation Phase Compiled local EDO, regional & state partners existing strategic plans/studies Presented on regional economic transformation to Triumph Gulf Coast Board Learned from other regions who have done this: Charlotte, JAX, Minn/St.Paul FGNW partnered with UWF to win EDA grant Hired TIP Strategies to analyze data and existing plans to develop the strategy TIP worked with Steering Committee UWF Haas Center conducted all research, and developed the Technical Report Input gathered from 860+ stakeholders across the region Develop Councils Encourage Engagement Track & Communicate Progress Adjust as Needed Celebrate Successes

5 This is OUR plan Gathered input from 860+ business, government, educational and community leaders throughout the region Gulf Power Economic Symposium Attendees Roundtable Discussions & Interviews across the region with: o o o o o o o Economic Development Partners Target Industry Businesses Entrepreneurs CareerSource Partners Education Partners Infrastructure Partners Real Estate Developers o o o o o o Elected Officials/ Government HR Managers Chambers of Commerce Young Professionals Military Partners Minority/ Small Business Partners

6 Technical Report Overview Zach Jenkins University of West Florida Haas Center

7 TECHNICAL REPORT

8 Demographic Indicators Economic Indicators Labor Shed Analysis Industry Clusters Occupation Clusters County Snapshots Technical Report Outline

9 Population Growth by Age Range -2% 3% 8% 13% 18% 23% 0 to 4 (Preschool) 5 to 17 (School Age) Region United States Florida 18 to 24 (College Age) 25 to 44 (Young Adult) 45 to 64 (Older Adult) 65 and older (Older) Total Population Growth: Region 6.5%; Florida 7.8%; U.S. 4.1% Source: U.S. Census Bureau via StatsAmerica.org

10 Components of Region s Population Change 18,100 13,100 8,100 3,100 Net Domestic Migration Net International Migration Natural Increase (Births - Deaths) Net Change -1, Source: U.S. Census Bureau Population Estimates Program

11 Labor Shed: Primary Residence of those who work in Panama City Source: U.S. Census Bureau, LEHD OnTheMap (2014)

Traded Industry Clusters Data Source: Emsi 2016.

12 Traded Industry Clusters Data Source: Emsi ; QCEW, non-qcew, Self-Employed Cluster Definitions: clustermapping.us, customized for the region by Haas Center

13 Staffing Pattern: Financial Services Traded Cluster

14 Occupation Clusters

15 Inverse Staffing Pattern: Information Technology Occupation Cluster

20 Northwest Florida Forward: Dashboard

21 Regional Strategy Overview Jon Roberts & Alex Cooke TIP Strategies

22 Vision A diverse and vibrant regional economy where Northwest Florida residents and businesses have a wealth of opportunities Guiding Principles Sustainable and enduring economic base Diversified industries and high wage employment growth Greater alignment of partner resources regional collaboration Improving the vitality of all areas and populations in the region Strengthen beyond traditional economic engines

23 Talent Connect the talent assets of Northwest Florida to key industry clusters and ensure a dynamic and diverse workforce for new and growing businesses. STRATEGIES Create a regional workforce training and development initiative designed to meet the needs of large employers relocating or expanding in Northwest Florida. Explore establishing an employer-driven workforce training initiative focused on assisting underemployed and long-term unemployed residents. Better leverage separated and retired military personnel as a key talent pool for target industry clusters. Develop a regional talent recruitment program. Expand work-based learning and career exploration opportunities for students. Further leverage the manufacturing academies model to expand the promotion of science, technology, engineering, and math (STEM) programs and technical skills development as early as grade school to build long-term talent supply in the region. Increase employability skills training programs to reduce employment barriers for all students and adults, with a particular focus on underserved populations.

24 Business Vitality Strengthen the region s economy through targeted recruitment of new businesses and supporting existing business expansions. STRATEGIES Ensure the growth of the region s key industry clusters. Market and promote Northwest Florida as a destination for new investment and employment. Create industry sector councils to ensure the critical workforce and business competitiveness needs of each sector are addressed. Increase shared Business Retention and Expansion (BRE) activities throughout the region. Expand and leverage tourism to support industry attraction. Support the growth of microenterprises and small businesses in the region, particularly in rural areas and minority communities. Streamline government processes across the region to help business start-ups, expansions, and relocations get up and running quickly. Market Northwest Florida as an investment location to full- or part-time residents who own a business outside of the region.

25 Infrastructure Ensure that Northwest Florida s economic infrastructure is state of the art and connects communities in every part of the region. STRATEGIES Use the Regional Planning Councils to address shared infrastructure needs and other economic development issues. Develop sites to accommodate business expansions and relocations. Support the development of industrial megasites, with a deliberate focus on rural areas of the region. Ensure that the necessary infrastructure improvements to ports and airports to accommodate new private investment and employment are funded and completed. Continue advocating for state and federal funding for improving the region s road infrastructure and explore new options to improve transportation mobility. Continue efforts to expand broadband infrastructure and adoption in rural and underserved areas of the region.

26 Entrepreneurship & Innovation Foster robust entrepreneurship and innovation ecosystems to drive future economic growth. STRATEGIES Develop the region s entrepreneurial hubs and connect them with industry clusters, assets, services, networks, facilities, tools, and expertise. Establish commercialization tools and programs connected to the region s national security research and technology assets. Increase access to capital for Northwest Florida entrepreneurs and develop a formal mechanism to access funds. Encourage local entrepreneurs and innovators to tap into federal funding in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants. Promote rural entrepreneurship. Market regional entrepreneurial success stories. Support youth entrepreneurship programs at local school districts to foster a culture of innovation and cultivate an entrepreneurial spirit in the region.

27 Quality of Place Make Northwest Florida a place appealing to existing residents and visitors as well as to a new generation of talented and creative individuals and companies. STRATEGIES Encourage the development of vibrant downtowns, new town centers, and mixed-use developments in the region. Invest in the amenities and infrastructure in underserved communities. Gain a better understanding of the preferences and needs of existing Northwest Florida residents. Incorporate the site location needs of target industries into local and regional planning and placemaking strategies.

28 Implementing the Plan Kim Wilmes, Florida s Great Northwest Jennifer Grove, Gulf Power

29 Implementation Team Structure Steering Committee - Provides Strategic Direction - Manages Overall Implementation Process - Supports Council Chairs - Builds Excitement Across Region - Communicates Progress Council Chairs - Manages Councils - Moves Process Forward - Keeps Members Engaged - Encourages New Members to Join - Shares Progress and Needs with Steering Committee Council Members - Prioritizes Strategies - Identifies Champions - Determines Resources Needed - Implements Initiatives - Makes a Difference!

30 Steering Committee Apalachee Regional Planning Council Chris Rietow Bruce Ballister Kim Wilmes Therese Baker Rick Byars Jennifer Grove Rick Harper Zach Jenkins Austin Mount Caitlin Cerame

31 Council Chairs TALENT BUSINESS VITALITY INFRASTRUCTURE ENTREPRENEURSHIP & INNOVATION QUALITY OF PLACE Kristie Kelley, Gulf Power Richard Williams, CareerSource Chipola Jennifer Conoley, Gulf Power Juliet Milam, PowerSouth Austin Mount, West Florida Regional Planning Council Chris Rietow, Apalachee Regional Planning Council Jennifer McFarren, Gulf Power Pamela Kidwell, Business Innovation Center Austin Mount, West Florida Regional Planning Council Chris Rietow, Apalachee Regional Planning Council

32 Encourage Engagement Creation of Northwest Florida Forward Councils Steering Committee & Council Monthly Calls Council Quarterly Meetings Website Dashboard Newsletter Celebratory Events

33 NorthwestFloridaForward.com

34 What s Different Expanded view of economic transformation Regional input and ownership Cross-sector collaboration/ alignment of resources Comprehensive, long-term strategy Can be the roadmap for various types of investment/ partnerships

35 Comments/Questions

36 Council Chairs TALENT BUSINESS VITALITY INFRASTRUCTURE ENTREPRENEURSHIP & INNOVATION QUALITY OF PLACE Kristie Kelley, Gulf Power Richard Williams, CareerSource Chipola Jennifer Conoley, Gulf Power Juliet Milam, PowerSouth Austin Mount, West Florida Regional Planning Council Chris Rietow, Apalachee Regional Planning Council Jennifer McFarren, Gulf Power Pamela Kidwell, Business Innovation Center Austin Mount, West Florida Regional Planning Council Chris Rietow, Apalachee Regional Planning Council

37 Working Lunch / Council Breakouts Discuss during breakout session: Which initiatives are a priority? Which can be done in the short/medium/long term? What resources are needed? Who else should be involved? Who takes ownership? What s missing? TALENT BUSINESS VITALITY INFRASTRUCTURE ENTREPRENEURSHIP & INNOVATION QUALITY OF PLACE

38 Councils Report Out TALENT BUSINESS VITALITY INFRASTRUCTURE ENTREPRENEURSHIP & INNOVATION QUALITY OF PLACE

39 Next Steps Councils are Moving! Encourage Engagement Track & Communicate Progress Develop Regional Indicators Dashboard Adjust Implementation Plan as Needed Celebrate Successes

40 NorthwestFloridaForward.com

FEBRUARY 2017 A REGIONAL STRATEGY FOR ECONOMIC TRANSFORMATION

FEBRUARY 2017 A REGIONAL STRATEGY FOR ECONOMIC TRANSFORMATION ACKNOWLEDGEMENTS TIP would like to thank the following members of the Northwest Florida Forward Steering Committee for their participation