Driving the Future Forward: 2017-2021...• Some American manufacturers rethinking supply chains and...
Transcript of Driving the Future Forward: 2017-2021...• Some American manufacturers rethinking supply chains and...
July 23, 2020 Update NorthernColoradoProspers.com
Driving the Future Forward: 2017-2021
Briefing for Bank Board
July 23, 2020
July 23, 2020 Update NorthernColoradoProspers.com
David MayFort Collins Area ChamberPresident & CEO
July 23, 2020 Update NorthernColoradoProspers.com
The chamber
The Chamber• Local association of businesses and organizations that care
about the region’s future
• Build our region’s future through business.
• Believe successful businesses make a strong local economy, which lets our community afford a great quality of life.
• The Chamber serves as:• A convener and cultivator of leaders and influencers who
value business’ role in vibrant communities and who make things happen,
• A catalyst for business growth through pragmatic public policy, strategic economic development, and support of existing businesses,
• And a champion for a balanced, resilient, thriving economy.
July 23, 2020 Update NorthernColoradoProspers.com
The Chamber
• One of the largest chambers in the state with 1,225 members
• Only 5-Star Accredited Chamber in Colorado
• Locally founded and led
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
• A five-year strategic initiative by the
• Fort Collins Area Chamber of Commerce
• A five-year strategic initiative by the
• Fort Collins Area Chamber of Commerce
100 investors, $3.8M, 5 years, 4 goals:
• Fix North I-25
• Align, Attract & Retain Talent
• Bold Voice of Business
• Expand & Retain Existing Business
Business Impacting Big Issues
July 23, 2020 Update NorthernColoradoProspers.com
Business Community Led
Jim CieslaBrinkman
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Goal 1: Fix North I-25
SECURE MONEY TO WIDEN I-25 TO 3 LANES BETWEEN FORT COLLINS AND LONGMONT BY 2025
July 23, 2020 Update NorthernColoradoProspers.com
Highlights
• $937M Committed to North I-25 over past 5 years
• Construction underway – Prospect interchange, additional lane
Current Focus
• Massive state budget cuts necessitated shift in funding streams for repayment of bonding measures. Worked with CDOT to backfill from reserves
• Successfully defended against Transportation Commission moving $100M+ from North I-25 to other projects without alternative funding in place (TIFIA loan)
• Lobbying for federal highway funding - infrastructure stimulus bill, renewal of FAST Act
• Pushed for Certificates of Participation to be issued as promised to fund Segment 6
• Proposed to federal officials a way to use existing processes to expedite infrastructure projects
Goal 1: Fix North I-25
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Goal 2: Align, Attract, Retain Workforce Talent
SUPPORT EMPLOYER EFFORTS TO ACQUIRE, DEVELOP, RETAIN TALENT
July 23, 2020 Update NorthernColoradoProspers.com
Goal 2: Align, Attract,
Retain Workforce TalentHighlights
• WorkinNorthernColorado.com: 16,800 jobs posted in 14 months with 1,322 active postings
• Launched trailing spouse / partner program “Hire Me. Connect My Partner”
• Created a new labor data service
• Work-based Learning Alliance created, One Stop Shop under design
• Building a comprehensive, enduring workforce development system
• Continue to address infrastructure of Talent: pipeline creation, childcare, housing
• Ready to launch apprenticeship program partnership – on hold
• Ready to hire new staff dedicated to workforce development – on hold
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Goal 2: Align, Attract,
Retain Workforce TalentComing Next
• Retooling WorkinNorthernColorado.com
• Showcase area companies hiring now – “We are Hiring Campaign” (online, social, messaging)
• Target hiring messages locally to people needing to pivot jobs
• Target messages to select talent in select markets about ditching the big city for life in livable Northern Colorado
• Virtual Talent Summit
• Reconsider hold on staffing
• Reconsider hold on apprenticeship partnership
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.comJuly 23, 2020 Update NorthernColoradoProspers.com
Data Cover
Trailing Spouse Branding
Ambassador Branding
July 23, 2020 Update NorthernColoradoProspers.com
LOBBY TO POSITIVELY INFLUENCE SHORT-TERM ISSUES WHILE STRATEGICALLY POSITIONING FOR LONG-TERM INFLUENCE AND KEEP BALANCED COUNCIL
Goal 3: Bold Voice of Business
July 23, 2020 Update NorthernColoradoProspers.com
Highlights
• Fast, hard pivot to focus on COVID-19 response, reopening
• Information, financial resources, customers, represent business perspective to negate some adverse impacts
• Series of member calls and webinars: COVID-19 Business Relief
• Resources Created, Promoted
• NoCoRecovers.com – one stop shop
• Open for Business Page and Campaign
• Bringing Business Home focus on pandemic
• ForFortCollins.com – community reopen
• NoCoSafetySupply.com – PPE supply marketplace
• $5M local business relief fund
• Communications Campaign: PPP/EIDL
• Local and State Lobbying: Do No Harm, Help Business
Goal 3: Bold Voice of Business
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Coming Next
• Continue to support responsible reopening of business
• Support candidates for County Commission elections
• Recruit candidates for City 2021 elections
• Continue to lobby for reasonable policies relative to reliable energy generation
• Lead “Reignite Northern Colorado” regional economic recovery strategy including EDA grant
Goal 3: Bold Voice of Business
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Reignite Northern Colorado
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Reignite Northern Colorado
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Reignite Northern Colorado
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Reignite Northern Colorado
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Jobs in Top 5 Industries Most Impacted: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Jobs in Top 5 Industries Most Impacted: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Jobs in Top 5 Industries Most Impacted: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Job Postings: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Job Postings: Greeley MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Mobility to Workplaces: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Mobility to Workplaces: Greeley MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Real Estate Active Listings: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Real Estate Active Listings: Greeley MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Real Estate, Median List Price: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
Real Estate Active Listings: Ft. Collins MSAReal Estate Active Listings: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
Real Estate, Median List Price: Greeley MSA
July 23, 2020 Update NorthernColoradoProspers.com
Real Estate Active Listings: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
• Chamber Co-leading Reignite Northern Colorado economic development planning
• Mission: create a plan to replace the lost regional domestic product and jobs lost during the government response to the covid-19 pandemic
Reignite Northern Colorado
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
PRINCIPLES FOR SUCCESS
• Re-instill confidence.
• This work is both practical and symbolic.
• We all have a vested interest.
• Be data and experience driven.
• Focus on Economic Recovery.
• Focus on resilience.
• Re-open Economic Drivers.
• Do no harm.
• Avoid being short-sighted.
• Let form follow function.
Reignite Northern Colorado
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
The 80% Economy
July 23, 2020 Update NorthernColoradoProspers.com
Lack of vaccine = a cautious public = reduced economic activity =
slower economic recovery (80% economy)• Short-term wide disruption of business models with long-term implications -
retail, health care, manufacturing supply chains, higher education, airlines,
etc.
• CSU huge part of economy
• Childcare is a significant workplace impediment if schools do not fully
reopen
• Some American manufacturers rethinking supply chains and places with bad
business climates (ex. Seattle’s new payroll tax on employers) represent
opportunity
• Residential real estate will be fine. Under-built market, lots of demand
• Office disrupted short-term as remote work seen as viable option for some;
long-term impacts unknown
• Government revenues down
July 23, 2020 Update NorthernColoradoProspers.com
Goal 4: Expand & Retain Existing Business
GROW OUR LOCAL ECONOMY BY HELPING EXISTING PRIMARY EMPLOYERS GROW AND EXPAND RIGHT HERE
July 23, 2020 Update NorthernColoradoProspers.com
Highlights and Coming Next
• Contact with 402 employers in 2019
• Pre-COVID: Strong gross regional product, low unemployment rates, and robust job growth continue to indicate a healthy Northern Colorado economy
• Coordinated touch base calls with primary employers – 100 employers
• Basic COVID survey work: sales, employment, supply chain, what do you need (every 6-8 weeks)
• Branding work restart
Goal 4: Expand and Retain Existing Business
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
NCP 2.0• Create a new case for support
• Test the case with key
community leaders
• Share insight with NCP
Advisory Council
July 23, 2020 Update NorthernColoradoProspers.com
Questions?
July 23, 2020 Update NorthernColoradoProspers.com
Contact Us!• Meet one-on-one or by phone to discuss
Northern Colorado Prospers, the goals, where headed
• Brief your management team or employees
• Present to local chapters of your professional societies or trade associations or civic groups you’re active in
• Contact David May [email protected] or 970-482-3751 x 102
July 23, 2020 Update NorthernColoradoProspers.com
Driving the Future Forward: 2017-2021
A five-year strategic initiative by theFort Collins Area Chamber of Commerce
July 23, 2020 Update NorthernColoradoProspers.com
Bonus Slides
July 23, 2020 Update NorthernColoradoProspers.com
Labor Market, # of Jobs: Ft Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Labor Market, # of Jobs: Greeley MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Unemployment Rate: Ft Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Unemployment Rate: Greeley MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Weekly Unemployment Claims: Ft. Collins MSA
July 23, 2020 Update NorthernColoradoProspers.com
July 23, 2020 Update NorthernColoradoProspers.com
Weekly Unemployment Claims: Greeley MSA
July 23, 2020 Update NorthernColoradoProspers.com