Eugene Area Chamber of Commerce Mission To promote a HEALTHY LOCAL ECONOMY by influencing *Business...
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Transcript of Eugene Area Chamber of Commerce Mission To promote a HEALTHY LOCAL ECONOMY by influencing *Business...
Eugene Area Chamber of Commerce
MissionTo promote a HEALTHY LOCAL
ECONOMY by influencing*Business success
*Public policy*Community development
Chamber activities that support our mission
Networking Represent the interests of business with government Building a strong local economy Promoting our community Promoting candidates that represent business interests Education/Roundtables/program Assist-broker or direct Primary source of business information Community development
• Contact program
• CONTACT summary from 2004
• Update on 2005
• International Trade/Executive Outreach
• Feedback regarding opportunities
Agenda
CONTACT
An award winning program
2004 Funding
$29,000 by Lane County (CONTACT and International Trade
Promotion)
Budgeted for $10,000 OECDD investment (not received for CONTACT)
GoalTo promote job retention and growth
through:
• Business retention
• Business expansion
• Business development
“Existing businesses account for over 80% of all new jobs”
Responding to Business NeedsOvercome obstacles
Support growth and expansion opportunities
Provide assessment of the business climate to community leaders
• Express appreciation to firms
Importance to be in Lane County
very important
27%
important15%somewhat
important15%
not important
43%
CONTACTCreating Opportunity
Opportunity
Strategy
Company leaders interviewed
Each company receives assistance based on their needs/interests
Information is analyzed and reported back to the community
Forward initiatives to promote solutions
CONTACT Participants
• 94 Business Leaders
• 88 Volunteers
• Over 11 Partner Organizations
CONTACT Partners• Eugene Area Chamber of
Commerce• Lane Community College• Lane Council of Governments• Lane Metro Partnership• Lane Workforce Partnership• Oregon Economic & Community
Development Dept.• SCORE• Small Business Int’l Trade Office• Springfield Chamber of Commerce• State of Oregon Int’l Trade Division• U.S. Dept of Commerce• Others
Companies Visited in 2004
94 local businesses Targeted industries
72% manufacturing=traded sector, growth, higher wages
Employ over 4,588 residentsOver $198 million annual payroll72 headquartered in Lane County
Outcome: Job Growth & New Investment
Job Development
1 year 235 jobs
3 years 634 jobs
Investment
29% (27 companies) planning to make additional investments (expansions)
CONTACT responded to
160 Issues and Opportunities International Trade 30 Workforce 20 Apply for Gov’t Contracts 18 Business recruitment referral 14 Business Counseling 13 Expansion 11 Financing 10 Regulation 9 City issues 5 Air service 2 Other 28
CONTACT responded to
160 Issues and Opportunities International Trade 30 Workforce 20 Apply for Gov’t Contracts 18 Business recruitment referral 14 Business Counseling 13 Expansion 11 Financing 10 Regulation 9 City issues 5 Air service 2 Other 28
Responded to 179 Issues and Opportunities
2005 (79 companies)
International Trade Workforce Apply for Gov’t Contracts Business recruitment referral Business Counseling Expansion Financing Regulation City issues Air service Other
Examples2004EXPANSIONS
Food products manufacturer + 14
International Trade, site issue
Software developer + 30
expansion
High Technology +5 (potential for more)
financing
2005EXPANSIONS
Manufacturer (+2 in next 2 months, +40 in two years)
Growth plan, financing, workforce
RETENTION
Research and development company (retain jobs)
CONTACT is working…Firms Rated City Responsiveness
Higher Than In Previous Years(Scale from 1-5, 5 most satisfied)
Year 2000 2001 2002 2003 2004
Eugene Firms 2.4 2.1 1.8 2.6 2.9
Springfield Firms 4.2 2.5 2.5 3.3 3.4
All Firms 2.8 2.1 1.9 2.8 3
CONTACT is working…Firms Rated City Responsiveness
Higher Than In Previous Years(Scale from 1-5, 5 most satisfied)
Year 2000 2001 2002 2003 2004
Eugene Firms 2.4 2.1 1.8 2.6 2.9
Springfield Firms 4.2 2.5 2.5 3.3 3.4
All Firms 2.8 2.1 1.9 2.8 3
2005 average is approx 3.05 (all firms)
Advantages in Lane County
Advantages to Lane County
05
10152025
Locatio
n
Quality
of L
ife
Work
forc
e
Roots in
Com
munity
Raw M
ater
ials
Themes 2004
• The local economy is tied to the national economic recovery.
• The region’s quality of life is the main reason businesses are located here.
• Some local regulations are a hindrance to doing business.
• Community decision-makers influence business decisions to stay or leave.
• Public education of business’ contribution to quality of life can help the community.
• Workforce is valued.
• Workforce training and development is needed.
• The cost of doing business is challenging local firms.
Themes 2005
• The local economy is tied to the national economic recovery.
• The region’s quality of life is the main reason businesses are located here.
• Some local regulations are a hindrance to doing business.
• Community decision-makers influence business decisions to stay or leave.
• Public education of business’ contribution to quality of life can help the community.
• Workforce is valued.
• Workforce training and development is needed.
• The cost of doing business is challenging local firms.
• Competition/Profitability
Recommendations 2004
• Continue to improve business friendliness (regulation etc.).
• Assist in keeping the cost of doing business low.
• Assist in communicating the significant relationship between business and the quality of life of the Eugene Area.
• Provide workforce training.
Responded to 883 Issues and Opportunities
2000-2004
• International Trade• Financing• Workforce• Expansion• City issues• Air service• Regulation • Business Counseling• Explore Gov’t Contracts • Business recruitment referrals• Other
Extended benefit...Additional activity stemming from
CONTACT• Group meetings to discuss individual
opportunities
• Export assistance- Canada and China
• How to apply for government contracts led into “Meet the Buyer”
• Industry meetings
• City responsiveness on the rise
• Key workforce issues (i.e. finding skilled labor)
• Validate work on regulation, air service..
• Data/program used elsewhere
International Trade• Exporting to Canada - 42 people. 4.3 satisfaction rating.
• Selling Globally via the Internet-14 people. 4.2 satisfaction rating.
• The Art of International Trade Negotiations-26 people. 4.6 satisfaction rating.
• Exporting to China-32 people.4.4 satisfaction rating.
• Importing Products from Overseas -30 people. 4.6 satisfaction rating.
• Exporting Your Products- Basics-11 people. 4.7 satisfaction rating.
TOTAL• 155 attendees. 4.5 average satisfaction (1-5 scale), 12+ projects
Other Assistance:Certificate of Origin, Finding agent/distributor, Freight forwarder, etc.
Executive OutreachGoal: Develop a relationship with decision makers
located outside of the area.
SummaryGood ideaDifficulties
Businesses are receptive but felt no urgencySchedulingWorking with local representatives
10 companies– Met with decision makers of headquarters – Met with local decision makers– Met with local – pending meeting with HQ– Partners (avoided duplication)
Considerations for EDC
-Activities must have tangible value to businesses
-Activities must have measurable value to Lane County
Opportunities - CONTACT-More direct individual assistance/follow up
i.e. red flag/green flag
-More data/better data analysis
-Further define issues and opportunities (i.e. regulation, workforce)
-Expand problem solving
…after report results are announced.
-Greater promotion of CONTACT services on year round basis.
-Expansion to other industries (?)
-Industry/topic roundtables----------------------------------------------------
Considerations:
1) Tangible value to businesses 2) -Measurable value to Lane County
Discussion…