Introducing Innovate 2030 · 2019-05-21 · INNOVATE 2030 YOU ARE INVITED INNOVATE 2030 PANEL,...

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Introducing Innovate 2030 The new Regional Comox Valley Economic Development Strategy The Innovate 2030 plan is a contracted item within the Comox Valley Economic Development Society’s (CVEDS) funding agreement with the Comox Valley Regional District (CVRD). Guided by input from an Innovate 2030 Advisory Commiee, comprised of leading companies and industry associaons (represenng a wide range of sectors and small businesses), coupled with extensive industry, stakeholder and public engagement opportunies, Innovate 2030 will build a new regional economic development strategy for the Comox Valley which will help drive long-term technology and innovaon iniaves within the area. Key components of Innovate 2030 Strategy will include: Community Economic Development Situaonal Analysis Community Site Selecon Profile, Research and Trend Analysis Review and Analysis of Local Bylaws, Policies, Processes and Regulaons Relang to Economic Growth Sector Specific Gap Analysis and Needs Assessment Including Retail Business Retenon and Expansion Strategy • Labour Force Development Strategy Agrifood/Seafood Sector Innovaon • Research and Trend Analysis Regulatory, Trade and Supply Management SWOT Review of Changing Purchasing Paerns and Methods Development of an Agri-Innovaon Map – Pathway for Future Growth Technology and Innovaon Growth • Asset Mapping Innovaon Paths • Targeted technology industry network player idenficaon Retenon and recruitment strategies for technology industry • Strategic leveraging of technology in target sectors Labour force consideraons in technology industry Technology aracon strategy InnovateComoxValley.com INNOVATE 2030 Keynote Speaker, Mr. Alan Winter, B.C. Innovation Commissioner • Provide input, answer surveys and engage in station discussions Your input and questions are welcome Hosted by Comox Valley Economic Development Thursday May 23 Panel and Keynote 4:15 - 5:30 pm Open House 5:30 - 7:00 pm Florence Filberg Centre 411 Anderton Ave, Courtenay Innovate 2030 Regional Economic Development Strategy PANEL & OPEN HOUSE Innovate2030.com

Transcript of Introducing Innovate 2030 · 2019-05-21 · INNOVATE 2030 YOU ARE INVITED INNOVATE 2030 PANEL,...

Page 1: Introducing Innovate 2030 · 2019-05-21 · INNOVATE 2030 YOU ARE INVITED INNOVATE 2030 PANEL, KEYNOTE & OPEN HOUSE KEYNOTE PRESENTATION Alan Winter B.C. Innovation Commissioner Alan

INNOVATE 2030

YOU ARE INVITED

INNOVATE 2030 PANEL, KEYNOTE &

OPEN HOUSE

KEYNOTE PRESENTATIONAlan WinterB.C. Innovation Commissioner

Alan Winter was appointed B.C.’s first Innovation Commissioner in February 2018. He has a breadth of experience at senior levels in the technology sector and in government, including such roles as the president and CEO of Genome B.C. from 2001 to 2016.

He was the founding president and CEO of the New Media Innovation Centre in Vancouver, the president of the ComDev Space Group in Ontario and the president and CEO of MPR Teltech Ltd. in Vancouver. During his tenure as CEO, six companies were spun out of MPR, including PMC-Sierra and Sierra Wireless.

Prior to MPR, Winter worked for Telesat Canada and the federal Communications Research Centre in Ottawa, where he was responsible for the satellite-aided search and rescue project (Sarsat). The international Cospas-Sarsat system continues to be instrumental in saving many lives.

Winter is a director of the Victoria Hospitals Foundation, Ontario Genomics and Geoscience BC, an adjunct professor at UVIC’s Peter B. Gustavson school of business and a member of UBC’s Research and Innovation Council.

In 2007, he received a Leadership Award from LifeSciences BC, and in 2017 he received its Don Rix Award for Lifetime Achievement. In 2017, Winter was presented with a Bill Thompson Lifetime Achievement Award from the BC Tech Association.

He has served as a director of more than 30 organizations, including the Business Council of British Columbia and Alberta Innovates.

On the federal side, he was chair of the board of the Communications Research Centre Canada, deputy chair of the Council of Science and Technology Advisors, and a member of the Expert Panel on Science Performance and Research Funding, Council of Canadian Academies.

Winter is a fellow of the Canadian Academy of Engineering and a fellow of the American Association for the Advancement of Science. He is also a fellow of the Canadian Astronautics and Space Institute and received its inaugural Alouette team Award. He received his PhD from Queen’s University in Kingston, Ont. and was recognized by the Queen’s alumni Legacy of Achievement.

INNOVATE 2030 REGIONAL ECONOMIC DEVELOPMENT STRATEGY PANEL & OPEN HOUSE After wide ranging stakeholder and public engagement, hear from the consulting team on their findings, data and insights gleaned to date on the Comox Valley economy, opportunities and challenges being considered in the creation of the new Innovate 2030 Regional Economic Development Plan.

PLEASE CLICK HERE TO REGISTER NOW

DATE Thursday, May 23, 2019

TIME 3:30 - 4 pm CVEDS Annual General Meeting

4 - 4:15 pm Registration & Coffee

4:15 - 5 pm Innovate 2030 Panel

5 - 5:30 pm Keynote Speaker

5:30 - 7 pm Innovate 2030 Open House

LOCATION Florence Filberg Centre 411 Anderton Ave., Courtenay, BC

Introducing Innovate 2030The new Regional Comox Valley EconomicDevelopment StrategyThe Innovate 2030 plan is a contracted item within the Comox Valley Economic Development Society’s (CVEDS) funding agreement with the Comox Valley Regional District (CVRD). Guided by input from an Innovate 2030 Advisory Committ ee, comprised of leading companies and industry associati ons (representi ng a wide range of sectors and small businesses), coupled with extensive industry, stakeholder and public engagement opportuniti es, Innovate 2030 will build a new regional economic development strategy for the Comox Valley which will help drive long-term technology and innovati on initi ati ves within the area.

Key components of Innovate 2030 Strategy will include:

Community Economic Development• Situati onal Analysis• Community Site Selecti on Profi le,

Research and Trend Analysis• Review and Analysis of Local Bylaws,

Policies, Processes and Regulati ons Relati ng to Economic Growth

• Sector Specifi c Gap Analysis and Needs Assessment Including Retail

• Business Retenti on and Expansion Strategy

• Labour Force Development Strategy

Agrifood/Seafood Sector Innovati on• Research and Trend Analysis• Regulatory, Trade and Supply

Management SWOT• Review of Changing Purchasing Patt erns

and Methods• Development of an Agri-Innovati on

Map – Pathway for Future Growth

Technology and Innovati on Growth• Asset Mapping• Innovati on Paths• Targeted technology industry

network player identi fi cati on• Retenti on and recruitment

strategies for technology industry• Strategic leveraging of technology

in target sectors• Labour force considerati ons in

technology industry• Technology att racti on strategy

InnovateComoxValley.com

INNOVATE 2030

• Keynote Speaker, Mr. Alan Winter, B.C. Innovation Commissioner

• Provide input, answer surveys and engage in station discussions

• Your input and questions are welcome

• Hosted by Comox Valley Economic Development

ThursdayMay 23Panel and Keynote4:15 - 5:30 pmOpen House5:30 - 7:00 pmFlorence FilbergCentre411 Anderton Ave,Courtenay

Innovate 2030 Regional Economic Development Strategy

PANEL & OPEN HOUSE

Innovate2030.com

Page 2: Introducing Innovate 2030 · 2019-05-21 · INNOVATE 2030 YOU ARE INVITED INNOVATE 2030 PANEL, KEYNOTE & OPEN HOUSE KEYNOTE PRESENTATION Alan Winter B.C. Innovation Commissioner Alan

For More Informati on Visit Innovate2030.com

REGIONAL COMOX VALLEY ECONOMIC DEVELOPMENT STRATEGY

For More Information Visit Innovate2030.com

Agrifood Value ChainAn agrifood value chain encompasses the whole range of goods and services necessary to move a product from farmto consumer. The Innovate 2030 strategy is considering both the direct and indirect players in the agrifood value chain. The direct players are those involved in the actual production, processing, and sale of agrifood products to the consumer. Indirect players provide essential support and services that facilitate the optimal function of the value chain. External factors—such as climate, regulations, & technology—can impact the functional efficiency of the chain.

A value chain is only as strong as its weakest link.

Environment Regulatory Technology Standards

ServicesExtension Education

ResourcesWater, Feed

Energy Equipment

LogisticsStorage

TransportDistribution

InnovationResearch &

Development, Commercialization

FinancialBusiness Planning

Funding Investment

PROCESSINGPRODUCTION MARKETINGPRE-PRODUCTION

REGIONAL COMOX VALLEY ECONOMIC DEVELOPMENT STRATEGY

For More Information Visit Innovate2030.com

Agrifood Value ChainAn agrifood value chain encompasses the whole range of goods and services necessary to move a product from farmto consumer. The Innovate 2030 strategy is considering both the direct and indirect players in the agrifood value chain. The direct players are those involved in the actual production, processing, and sale of agrifood products to the consumer. Indirect players provide essential support and services that facilitate the optimal function of the value chain. External factors—such as climate, regulations, & technology—can impact the functional efficiency of the chain.

A value chain is only as strong as its weakest link.

Environment Regulatory Technology Standards

ServicesExtension Education

ResourcesWater, Feed

Energy Equipment

LogisticsStorage

TransportDistribution

InnovationResearch &

Development, Commercialization

FinancialBusiness Planning

Funding Investment

PROCESSINGPRODUCTION MARKETINGPRE-PRODUCTION

REGIONAL COMOX VALLEY ECONOMIC DEVELOPMENT STRATEGY

Why a Community Economic Development Strategy?

To create a road-map for where the community wants its economy to be by 2030 and how to get there.

How do we get there?

For More Information Visit Innovate2030.com

Strategic Action Plan

Community Economic Development Strategy

Business Retention & Expansion Strategy

Workforce Development Strategy

Critical Evaluation

Situational analysis, research & trends analysis, sector-specific gap analysis, strengths, opportunities, aspirations, risk & results analysis, etc.

Stakeholder Engagement

Surveys, workshops, focus groups, open-houses, etc.

Data Collection

Statistics Canada, Government sources & documents, policies, etc.

For More Informati on Visit Innovate2030.com

Do you have opinions & ideas about the Comox Valley’s long term economy? Take the Innovate 2030 Economic Development Long Term Planning Online Business Survey – an excellent opportunity for Comox Valley businesses, elected offi cials, and insti tuti onal and sector leaders to provide their input.

Depending upon the respondent, the survey will only take 10-20 minutes, and all submissions remain anonymous.

By doing the survey you help the Comox Valley gather feedback around challenges and opportuniti es to build a new regional economic development strategy.

Agrifood Production Goals & Initiatives

Agrifood production volume could be increased by expanding the agricultural landbase.

Approximately 60% of Comox Valley ALR land is not currently being farmed. Timberland is

also available for extensive livestock grazing. Agrifood per-acre value of production could be

increased via intensive farming practices (e.g. irrigation), season extension practices (e.g. high

tunnel greenhouses), and the cultivation of higher value crops. Farmers will require financial,

educational, technological, and extension support to undertake these initiatives.

REGIONAL COMOX VALLEY ECONOMIC DEVELOPMENT STRATEGY

Increased

Volume &

Value of

Production

Public

Land

Land

Matching

Programs

Timberland

for

Livestock

Grazing

Increased

Training

Increased

Funding &

Investment

Higher

Value

Crops

Intensive

Farming

Practices

Non-

farmed

ALR Land

For More Information Visit Innovate2030.com

Agrifood Production Goals & Initiatives

Agrifood production volume could be increased by expanding the agricultural landbase.

Approximately 60% of Comox Valley ALR land is not currently being farmed. Timberland is

also available for extensive livestock grazing. Agrifood per-acre value of production could be

increased via intensive farming practices (e.g. irrigation), season extension practices (e.g. high

tunnel greenhouses), and the cultivation of higher value crops. Farmers will require financial,

educational, technological, and extension support to undertake these initiatives.

REGIONAL COMOX VALLEY ECONOMIC DEVELOPMENT STRATEGY

Increased

Volume &

Value of

Production

Public

Land

Land

Matching

Programs

Timberland

for

Livestock

Grazing

Increased

Training

Increased

Funding &

Investment

Higher

Value

Crops

Intensive

Farming

Practices

Non-

farmed

ALR Land

For More Information Visit Innovate2030.com

REGIONAL COMOX VALLEY

ECONOMIC DEVELOPMENT STRATEGY

REGIONAL COMOX VALLEY

ECONOMIC DEVELOPMENT STRATEGY

Competitive Industries

Growing Industries

Shrinking Industries

§ Agriculture, forestry, fishing & hunting

§ Health care & social assistance

§ Public administration

§ Manufacturing

§ Construction

§ Health care & social assistance

§ Accommodation & food services

§ Retail trade

§ Professional, scientific & technical

§ Information & cultural industries

§ Education services

Have Your Say!Complete the

Business Survey atInnovate2030.com

Economic Development Long Term Planning Business Survey

Page 3: Introducing Innovate 2030 · 2019-05-21 · INNOVATE 2030 YOU ARE INVITED INNOVATE 2030 PANEL, KEYNOTE & OPEN HOUSE KEYNOTE PRESENTATION Alan Winter B.C. Innovation Commissioner Alan

Com

ox V

alle

y Ec

onom

ic S

tats

and

Dat

a 2018 Comox ValleyEconomic Snapshot(source: BC Stats)

Population Growth (2013 - 2018)+5,555

(+8.4%)

Enterpriseswith Employees (2018)2,570

(+7.4% from 2014)

Growth in Business(Class 6) Assessed Values(2013-2018)

$116M (+14.7%)

Building Permit Values (2018)$217M

(77% above 10-year avg.)

Industrial/Commercial Building Permit Values (2018)

$35M(75% above

10-year avg.)

Air Transport Passengers(2018)

419,765 (+34% from 2013)

Retail Trade 3,885 (17.1%)

Health Care 2,970 (13.1%)

Federal/Provincial Government 2,275 (10.0%)

*2016 data

Largest Economic Sectors*

(by employment)

Most Competitive Sectors* (relative to BC)

Fishing, Aquaculture & Seafood Processing (4.79 times larger than BC)

Federal/Provincial Government (2.05 times larger)

Accommodation Services (1.37 times larger)*2016 data

PermittedResidential Units (2018)

688 (83% above

10-year average)