GO TOPEKA QUARTERLY REPORT
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1 GO TOPEKA QUARTERLY REPORT TH QUARTER PREPARED FOR JEDO Summary of economic development strides within Topeka & Shawnee County.
2 PROJECT ANNOUNCEMENT PROJECT MORRIS 45 $40,000 New jobs Average salary $2 M 2017 COMPARISON NEW JOBS 2 Projects 20 New Jobs $13M CI 4 Projects 149 New Jobs $168.8M CI 3 Projects 408 New Jobs $116.5M CI 3 Projects 150 New Jobs $59.4M CI CI = Capital Investment
3 PROJECT PIPELINE 24 New Businesses 38 Projects in pipeline 14 Existing Businesses 180 Average number of jobs per project $40,200 Average wage per project BUSINESS DEV. & ATTRACTION NEW! 2 New projects 8 total new projects YTD 34 Consultant interactions 156 interactions YTD 6 Formal proposals submitted YTD 6 Site visits YTD BUS. RETENTION & EXPANSION (BRE) NEW! 2 New projects Project Thunder and Project Jingle 14 Total Projects 875 Potential Jobs $258M Total capital investment for all BRE projects 55 On-site business visits YTD 99 Business interactions YTD MANAGERS ROUNDTABLE 7 plant managers attended Discussion focused on hiring, training, and mentorship
4 GO TOPEKA ENTREPRENEURIAL AND MINORITY BUSINESS DEVELOPMENT SMALL BUSINESS INCENTIVES $100,985 Total incentives issued this quarter 18 Businesses receiving incentives this quarter (Some received more than one incentive) 34 Full time jobs retained or created this quarter 10 Part time jobs retained or created this quarter $259,516 Total incentives issued YTD 54 YTD Businesses receiving incentives (Some received more than one incentive) 108 YTD Full time jobs retained or created 116 YTD Part time jobs retained or created FIRST OPPORTUNITY LOAN FUND $165,000 Three loans in PROSPECTS In the pipeline FASTTRAC GRADUATES PROGRAMS & ACTIVITIES 13 Graduates in Spring Events this quarter 19 Events YTD 1,461 Attendees this quarter 2,545 Attendees YTD 14 Graduates in Fall 2017
5 MID AMERICA ANGELS TOPEKA $ GROWING STEADILY PTAC 170 ANGEL INVESTORS (PROCUREMENT TECHNICAL ASSISTANCE CENTER) $4.7M INVESTED IN 14 DIFFERENT COMPANIES (First and second round funding) 107 ACTIVE CLIENTS NEW CLIENTS SHAWNEE COUNTY CLIENTS TOTAL CONTRACT AWARDS FOR KS PTAC SUBCENTER TOPEKA (Service area covers 26 counties in NE KS) $14.52M = 218 Federal awards $ 0.09M = 9 State & local awards $ 0.45M = 1 SubCenter award SHAWNEE CONTRACT AWARDS $3.375M of $15.06M 68 Contract awards of 228 $15.06M = 228 CONTRACT AWARDS 712 INNOVATIONS 2017 IN BRIEF AVERAGING 125 MEMBERS PER MONTH NURTURING 31 SMALL BUSINESSES WHO ARE CURRENTLY EXPERIENCING POSITIVE GROWTH 1 MILLION CUPS HAS HOSTED 24 PRESENTERS WITH OVER 360 IMPRESSIONS
6 WORKFORCE & EDUCATION TOPEKA & SHAWNEE COUNTY STATS UNEMPLOYMENT RATE IN SHAWNEE COUNTY: % 4.13% 3.74% (January - November 2017) AVERAGE WAGE IN SHAWNEE COUNTY: $41,554 $42,586 $43,750 (January - September 2017) MEDIAN HOUSEHOLD INCOME IN SHAWNEE COUNTY: $52,795 $51,316 $55,387 *Latest data available at print FOCUS AREAS CRADLE THROUGH CAREER DIVERSITY & INCLUSION EAST TOPEKA LEARNING CENTER FUTURE TALENT PIPELINE WORK READY COMMUNITY TOP INDUSTRIES WITH UNFILLED POSITIONS DISTRIBUTION & LOGISTICS HEALTHCARE EDUCATION MANUFACTURING FINANCIAL SERVICES BUILDING TRADES
7 GO TOPEKA BOARD OF DIRECTORS EXECUTIVE COMMITTEE WENDY WELLS Board Chair Market U.S. Bank KEITH WARTA Board Chair - Elect CEO Bartlett & West SCOTT GALES Treasurer Architect, Principal Architect One, PA, Inc. RANDY PETERSON Secretary & CEO Stormont Vail Health SCOTT GRIFFITH Past Chair Community Bank INTRUST Bank KURT KUTA Non-Officer & CEO CoreFirst Bank & Trust ALONZO HARRISON Non-Officer Owner HDB Construction MATT PIVARNIK and CEO GO Topeka BOARD MEMBERS DAN BEAL McElroy s, Inc. JIM PARRISH & CEO Parrish Hotel Corporation DON BEATTY Worldwide Director, Finance Hill s Pet Nutrition Inc. SHANE SOMMARS General Manager Briggs Auto MATT STRATHMAN Strathman Sales Co., Inc. GLENDA DUBOISE Regional Community Organizer Communities Creating Opportunity BETH ANNE BRANDEN BA Designs, LLC. MARK RUELLE & CEO Westar Energy LINDA BRIDEN CEO Sunflower Association of Realtors BRIAN THREADGOLD Business Manager IBEW Local No. 226 LIANA ONNEN Chairperson Prairie Band Potawatomi Nation MEGAN JONES Jones Advisory Group ANDY CORBIN & CEO Blue Cross and Blue Shield of Kansas MICK URBAN Government Affairs Kansas Gas Service JERRY NEY & CEO Aldersgate Village PAT TOLIN Project Manager McPherson Contractors, Inc. MARSHA POPE Topeka Community Foundation ZACH AHRENS /Publisher Topeka Capital-Journal NATHAN MORRIS Owner Meridian Roofing DOUG WOLFF Security Benefit Life DAVID SETCHEL St. Francis Health MADAN RATTAN Managing Partner Topeka Investment Group ANDREA ENGSTROM Founder / Marketing Strategist Bajillion Agency ALLEN MOORE Director of Engineering Frito-Lay, Inc. DAN FOLTZ KBS Constructors, Inc. DIRECTORS BY VIRTUE OF OFFICE HELD MAYOR LARRY WOLGAST City of Topeka BRETT OETTING & CEO Visit Topeka, Inc. TONY EMERSON City Councilman City of Topeka ERIC JOHNSON MTAA KEVIN COOK County Commissioner Shawnee County DOUG GERBER Interim City Manager City of Topeka DR. JERRY FARLEY Washburn University VINCE FRYE & CEO Downtown Topeka, Inc. JANET STANEK Chamber Chair Stormont Vail Health
8 GO TOPEKA STAFF Matt Pivarnik and CEO Molly Howey SVP - Economic Development Glenda Washington SVP - EMBD Barbara Stapleton VP - Workforce & Education Jackie Steele VP - Business Retention & Expansion Matt Lara Digital Communications Manager Freddy Mawyin Research Manager Mary Ann Anderson Assistant Manager - EMBD GO TOPEKA MISSION Mary Hill Executive Assistant GO Topeka s mission is to create exceptional opportunities for growth, prosperity, innovation, and economic diversity and vibrancy that positively impact current and future citizens of Topeka and Shawnee County by attracting world-class companies, providing existing companies with the knowledge and resources to reach their highest potential, and cultivating entrepreneurial development and growth.
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