The Seven Habits That Make Rochester Successful!

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The Seven Habits That Make Rochester Successful! State of the City February 13, 2007

The State of Rochester John Larochelle, Mayor John Scruton City Manager Karen Pollard, Economic Development Manager The Seven Habits that Make Rochester Successful Keynote Address at the International Economic Development Council Annual Conference The Seven Habits of Successful Cities Mayor Michael Bloomburg, New York City September 19, 2006 Steven Covey s Seven Habits Series

Mayor John Larochelle #1 Fight Crime #2 Paint the Town Green

City Manager John Scruton #3 Accountability Counts #4 Self Sufficiency: Do More With Less #5 Never Stop Investing in the Future

Economic Development Manager Karen Pollard #6 Feed the Spirit #7 Small Business is Big Business

#6 Feed the Spirit What feeds our Rochester Spirit? Arts & Culture Community Events Education & Learning Green & Natural Spaces Recreation Participation & Activism

Arts & Culture Rochester Opera House Historical Society Museum Galleries & Studios Art Esprit Arts Rochester Touring Actors Company Dance Studios Rochester Poet Laureate Rochester Public Library Concerts on the Commons Music Scene in Rochester Venues

The Creative Economy Rise of the Creative Class by Richard Florida 2002 new ideas new technologies new creative content Includes: Scientists Engineers Architects Educators Writers Entertainers Artists Musicians

Contributions to the Community Influences work & lifestyle issues High-achieving individuals Interested in the common good In NH, $136.4 mm in annual revenue by 1,140 cultural organizations Strafford County 21,703 in Creative Occupations 36.5% of Workforce Super Creative Education, Training & Library Architecture & Engineering Computer & Mathematical Life, Physical and Coastal Sciences

Community Events Lilac Family Fun Festival Skyhaven Airshow Moonlight Madness Concerts on the Common Charity Pride Ride Fall Lantern Festival Annual Holiday Parade Skate with Santa July 3 rd Celebration & Fireworks Rochester Fair Memorial Day, Veteran s Day

Education & Learning Educational Attainment 2000 Census 5.0% Graduate or Professional Degree 10.2% Bachelor s Degree 8.7% Associate s Degree 20.9% Some college, no degree 38.0% High School Diploma or GED 11.9% 9 th to 12 th Grade, no diploma 5.3% less than 9 th grade

High School Completers: Where Do They Go? SY 2004-2005 Spaulding State Avg. 45.00% 40.00% 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% Enroll in 4 YR Enroll in Other Armed Services Employed

Rochester Public Library Residents with Cards: Up 9% in Calendar 2006 1,734 New Library Cards Issued Web Site Visits: Up 7% in Calendar 2006 68,170 hits to website to look up items in catalog, place holds, check records, and access online databases FY 2001 FY 2006 # Change % Change Library Cardholders 8,274 20,758 12,484 151% Library Circulation 185,280 251,565 66,285 36% Virtual Visits N/A 186,448 186,448 N/A Hours of Internet Use N/A 10,632 10,632 N/A

Natural & Green Spaces Rochester Common Mt. Isinglass Recreation Area Adopt-A-Spot Program Union Street Park Torr Park Hanson Pines Arboretum Hanging Baskets in Downtown

Recreation Sports Roger Allen Park Ice Arena Rochester Country Club Paintball Karate, kickboxing, boxing, yoga Gymnastics Fitness Personal Interests Camping Flying @ Skyhaven Horseback Riding Motorcycle Enthusiasts Classic Car Clubs Model Airplanes Quilting Groups Collecting Gardening Trains

Recreation Department Community Center Adult Programs Yoga & Kickboxing Summer Camp 400 Campers Ages 6-15 Swim Lessons & Pools 4 pools free admission to residents Skating Lessons & Public Skate 100 Learn to Skate Annually Public Skate hosted 630 in Jan 2007 Basketball Clinics Preschool Programs Open Gym 3-5 Sports Programs, Karate Themed Arts & Crafts Mini-roller hockey www.rochesterrec.com

Participation & Activism Organizations, Clubs & Charities More than 100 A Safe Place to Your VNA Elected Office & Public Service 10 Boards and Commissions 6 Standing Committees 3 Special Committees Worship 24 Places of Worship

#7 Small Business is Big Business In Rochester 2,346 Small Businesses 685 have employees 29.18% 579 Women Owned 24.7% Annual Sales Volume $83,020,503 In New Hampshire 133,052 Small Businesses 38,052 have employees 32,864 Women Owned NH 2004 2005 Firm Births 4,865 4,758 Terminations 5,401 5,406 Bankruptcies 158 586 (+371%)

Rochester SB Firms With Employees Manufacturing Retail Information Real Estate Professional Administrative Education Health Care Arts Food Service Services

Rochester Main Street Program Main Street District - Downtown Business District $145 Million Assessed Value 6% of Entire City $2.5 Million in property tax revenue 210 Businesses 892 FTE Jobs, 361 PTE Jobs 176 Commercial Buildings 24 have vacancies on 1 st floor 13.6% 69% Owner Occupied, 31% Rental 46% of Rental Properties Absentee Landlords 6% Upper Floor Vacancies Proven Economic Development Program Focused on Downtown Revitalization & Preservation Avg. Investment (Private & Public) $12.5 Million US Avg. Business Gain 37, jobs 171 per communiity NH Avg. Business Gain 42, jobs 135 Building Rehabs Avg. 60 (17% of Downtown) Return on Investment of $26.67 for every $1 Professional Director & Coordinator for Target Area

Who Are Successful Entrepreneurs? Self Starter Deal with different personalities Good Decision Making Physical & Emotional Stamina Good Planning & Organizing Skills Strong Motivation Family Support All Sole Proprietorships 74.9% Show a Profit

What Causes Small Business Failures? Lack of Experience Insufficient Capital Poor Inventory Management Over-investment in Fixed Assets Poor Credit Arrangements Unexpected Growth Competition Poor Location Low sales Personal Use of Business Funds

How Do We Provide Support? Technical & Financial Assistance SBDC www.nhsbdc.org SCORE www.score.org Women s Business Center www.womenbiz.org SBA www.sba.gov MicroCredit NH www.microcreditnh.org Chamber of Commerce www.rochesternh.org Main Street Program www.corenh.org Economic Development www.thinkrochester.biz Googled small business assistance 398,000 hits Industry Specific FIRA www.localflavor.org NH Made www.nhmade.org Retail Merchants Assoc. NH www.rmanh.org NH Manufacturing Extension Partnership www.nhmep.org NH Association of Realtors www.nhar.org Tourism www.visitnh.org Many, many more.

Quality of Life Q32 Safest Healthiest Economy Culture Education Recreation Housing Drive Times Rankings 18 th in Nation by Business Development Outlook

Thank You for Making Rochester Successful!