ICAD Group Vision 2030 Progress Report
-
Upload
iowa-city-area-development-group -
Category
Documents
-
view
236 -
download
5
description
Transcript of ICAD Group Vision 2030 Progress Report
Driving the EconomyMEasuring thE progrEss anD pErforMancE of Vision 2030
HIGHER EDUCATION
TOURISM
AGRICULTURE
INTERSTATE COMMERCE
To achieve our mission, ICAD Group must consistently
add value. Our programming and work must grow
existing interstate business. We must serve the
workforce needs of local market sectors now and in
the future. We must develop a culture of innovation
that grows and supports future companies and
employers. And, we must continue to think and act
globally, targeting businesses that will benefit from
operations in the Iowa City area.
We have set forth on an aggressive and pioneering
course of action to support Vision 2030. To achieve
our goals, we will measure, we will adapt, and we will
push on. We know where we are headed and we thank
each and every one of our investors, partners and
fellow visionaries for supporting us along this path.
If successful, our community is the ultimate beneficiary.
DriVing thE EconoMy FY2013–FY20172
through jobs, companies, and capital, icaD group will bring
$100 to the community for each $1 invested.
HIGHER EDUCATION
TOURISM
AGRICULTURE
INTERSTATE COMMERCE
DriVing thE EconoMy FY2013–FY20173
The challenge looking forward is to maintain, grow
and attract interstate commerce amid growing global
competition. While the economy of this region is sound,
specifically with the impact of tourism, agriculture, and
higher education, economic vitality requires robust activity
within interstate commerce. the goods and services
produced locally, but sold outside of the market, are the
driving force for increasing spending across our economy.
These dollars funnel into our communities in the form
of capital investment, higher growth and wages rates,
expendable income, and tax revenues.
Delivering 100 to 1your rEturn on inVEstMEnt
What we impact
DriVing thE EconoMy FY2013–FY20174
ICAD Group plays the lead role in interstate commerce development, focused on driving and maximizing our region’s potential. The results of our work directly impact expansion of existing industry, growth of entrepreneurial startups, and the attraction of targeted industry.
We provide significant assistance to the achievement of the following results:
24
16
15
1,605
170
860
contributing
aDDing
crEating
expansion/retention projects
new interstate commerce companies are created
targeted companies
high-quality jobs
high-quality jobs
high-quality jobs
intErstatE coMMErcE anD stratEgic initiatiVEs:
DriVing thE EconoMy FY2013–FY20175
Vision 2030 augments our core strategy of work with existing industry, business recruitment and entrepreneurial development to create a region better suited to compete on the global stage. This strategy serves the workforce and community needs of our local market sectors.
We provide significant assistance to the achievement of the following results:
What we influenceintErstatE coMMErcE anD stratEgic initiatiVEs:
interstate commerce workforce will increase 7.5% to more than 15,000 employees
the private sector wage for all jobs will increase 9% to $17.60 and interstate commerce projects we assist will pay an average wage of at least $21 per hour
total employment in the area will increase 6.6% to more than 95,800 people by place of work
the area will continue to be recognized as a national leader in education, diversity and economic prosperity, and icaD group will contribute to these rankings through its core programming and community engagement, including blue Zones, united Way, Diversity focus and the state of iowa’s stEM advisory council
ICAD Group’s partners, investors and visionaries help us promote high-value interstate industry, job growth and retention, and capital investment. To honor that commitment, we pledge to keep you abreast of issues, opportunities, achievements and obstacles.
With our vision and mission firmly in place, we have established benchmarks along the way. Through independent analysis, local and national studies and commissioned reports, ICAD Group will track each strategic initiative and provide timely updates. We will present the progress and the problems, showing the results of our work during regularly scheduled meetings and through one-on-one communication.
During these five years, we will measure new capital investment, new and retained wages, local and state tax revenue, along with estimated induced wages to show how interstate commerce is driving our economy and how ICAD Group is providing a return on your investment.
Together, we help these companies provide financial benefit to all sectors of our economy now and well into the future, creating a center of commerce and innovation with an unmatched quality of life.
(319) 354-3939
www.iowacityareadevelopment.com
twitter.com/icadgroup
facebook.com/icadgroup
youtube.com/icadg
building on the power of ideasEngagEMEnt anD accountability EVEry stEp of thE Way