Truckee Donner Chamber of Commerce Mike Kazmierski, President and CEO February 9, 2016 What Is An EDAWN? Non-Profit Dedicated To Quality Job Creation One Of 9 Regional Development Authorities in NV Focused On Reno-Sparks Metro: I-80 Corridor Public Private Partnership Public Regional Public / Private Partners City of RenoUNRState Offices City of SparksTMCC Nevada JobConnect City of FernleyDRINevadaworks Washoe CountyThe ChamberNNDA Storey CountyWNDDNV Energy Washoe County School District NCET Reno-Tahoe Airport Authority GOEDRTCRenegades DETRRSCVAMany Others ! 3 Economic Development Stool 4 Retention / Expansion Attraction Entrepreneurial / Startup Growth Community Development Workforce Development Prospect Visits Per Month 2011 Ave 4.2 2015 EDAWN New Companies Assisted IndustryCompanyJobsFromHQ Service Blackridge Technology 30CAX ManufacturingImmy, Inc.30CA ManufacturingSeeco Switch10NC Data CenterSwitch400NV ServiceKoch Business Solutions50KS ManufacturingPlanetary Pinball10CAX ServiceGrand Rounds200CA ManufacturingCascade Designs100WA ManufacturingIndustrial Lighting60FL DistributionMeri 10CA DistributionEtailer Inc.15WI ServiceFranzen-Hill50CA IndustryCompanyJobsFromHQ DistributionSo. Prosthetic Supply10GA ManufacturingIndy Hangar 20IN ManufacturingAngies Artisan Treats 160MN Manufacturing Aqua Metals 70CA Service Teleperformance 500UT ManufacturingBI Nutraceuticals 120CA ManufacturingDeceuninck 80OH DistributionQuality Bicycle Products 50MN ManufacturingAZZ Galvanizing 60TX Data CentereBay 52CA Total 2, EDAWN New Companies Assisted 2015 Assisted Expansion Projects IndustryCompanyJobs Location Manufacturing Now Foods 47Sparks DistributionUndisclosed52TRI ManufacturingFulcrum Sierra Biofuels32TRI AviationDassault Falcon3Reno AviationTactical Air Support Inc.10Reno TOTAL144 Plus January 2016 Wins Better World Books E-Commerce/Distribution, 200 Jobs From IN Jet.com E-Commerce/Distribution, 500 Jobs From NJ Arrohealth Back-Office (Medical), 300 Jobs From NY Jobs Announced Continued Increase FY 2015 Goal-2, Goal 3,000 Pending Announcements IndustryJob CountHQConfidenceRelocation State Manufacturing365XVery LikelyCA Software200XVery LikelyAR Distribution200Very LikelyNY Manufacturing100Very LikelyTAIWAN Data Center50Very LikelyTX Manufacturing50XVery LikelyCA Software20XVery LikelyCA Manufacturing 10XVery LikelyCANADA Total9955 IndustryJob CountHQConfidenceRelocation State Manufacturing100XFinalistTAIWAN Manufacturing150FinalistDE Manufacturing70FinalistMI Service200FinalistCA Manufacturing2,800FinalistPA / VA Manufacturing1,000FinalistIL Manufacturing200FinalistIN Manufacturing50XFinalistCA Data Center80FinalistTX Service100FinalistWI E-Commerce800FinalistNJ Manufacturing292FinalistOH Manufacturing1,000FinalistTN Total6,8422 Hot Prospects! Tesla: Wow! The Largest Deal In The U.S. In Changes Our Brand Overnight! More Than Jobs: Puts Us on The Radar For: Manufacturing, Business, Entrepreneurs, Creative Class, Research & Development, Investors.. Tesla Update! Jens Peter Clausen New VP For The Giga Factory Jens And Family Live In Reno SVP With LEGO Tesla Is About 2 Months Ahead Of Schedule Shipped Out Power Packs And Power Walls Tesla Has Over 200 People Working At Facility Now On Track To Hire 6,500 Tesla/Panasonic By 2020 Plan To Produce The First Cell Battery Early M of the 10M sq. ft. Building Operational in 2016 Switch, The Developer Of SUPERNAP Data Centers Is Expanding To Northern Nevada Is Building A 6.4 Million Sq-ft Data Center; Will Bring $3 B Of Investment and 400+ Jobs Switch's Development Of A Fiber Optic Network Loop Will Connect Reno, Las Vegas, Los Angeles And San Francisco SUPERLOOP Will Dramatically Increase The Speed Information Can Travel Among The Cities Types Of Companies Relocated 2015 FY2015 Relocated Companies From Unemployment Rate Improving- But! Full Employment 4.5% Components to BR&E Program Connect Primary Companies With Resources Grow Jobs/Revenue/Visibility Fix Problems/Eliminate Roadblocks Retain/Recognize S upport Industry Clusters Drive Business To Business Connections 19 Company Visits =195 Growing Future Growth Flat Declining Five Assisted Expansions = 144 Jobs 60 Business To Business Connections Made 2 Industry Sector Councils 50 Cos Existing Industry Awards 14 Critical Issues Addressed 85% Growing 20 Retention Results / Initiatives Availability Of Workforce, Workforce, Workforce! Concerns About Increase In Regulations And More Aggressive Enforcement Increasing Licensing And Permitting Fees Public Transportation Concerns, (TRIC) Background Checks At Peak Hiring Times Process Of Setting Up New Business In Nevada Workforce Development Silos Career Readiness For Employment Major Concerns 21 Workforce Consortium Partners UNR, TMCC & WNC Community Services Agency Dream It Do It Education Alliance of Washoe County EDAWNJOIN, IncNVIEGOED Nevada Builders Alliance The Chamber Multiple Veterans Agencies No. Nevada Literacy Council Sierra Nevada Job Corps Nevada Dept. of Education Western Governors University National Skills Institute CCNNWCSD & CTEDETRNevadaworks 22 Entrepreneurial Ecosystem To Support Entrepreneurs Along Every Stage Of Their Journey CHAMPION Recognized as the leading organization in your field SCALE-UP Seeking the maximum success of your core mission STARTUP Seeking a scalable business model CREATE Executing an idea (alone or with others) LEARN Seeking knowledge and other like-minded people INSPIRE Having a realization or awakening Core Values Be Entrepreneurs 1st Raise The Bar Be Of Service Make An Impact Stewards Of Culture The Entrepreneurs Journey Entrepreneurial Growth & Jobs Major Growth In The Last Quarter 40 New Entrepreneurial Jobs 19 Newly Created Startups New Hires 46 Total Employees 7 New Hires 14 Total Employees $5M Funding Raised 2015 & $1.25M this month 6 New Hires 42 Total Employees Closing Series A Funding Entrepreneurial Development Success! Reno - Top 10 Emerging Ski Town Featured in Why I Love My City Truckee Entrepreneurial Resources The Lift: Co-Working Space In Truckee Desk Space Available As Well As Daily Drop-ins. Startup Weekend Hosted In 2015 By Thrive Tahoe! Find Out More About The Lift & Thrive Tahoe At Tahoe Silicon Mountain A Group Of Entrepreneurs, That Meet Monthly, From The Area That Meet To Network & Share Ideas NEW Maker Space in Truckee Hangar E3 (Echo 3) at the Truckee Tahoe Airport Explosive Growth Is Coming! Rapid Growth 2.2% 4.5% Growth 28 Historic Growth 1.2% / Year EPIC Report Out! (Economic Planning Indicators Committee) Unprecedented Growth Is Projected For The Region: Tesla/Switch & Nearly Many Other Announcements What Are The Impacts Of This Growth On: Housing, Transportation, Workforce, Public Service Etc.? Multiple Planning Organizations Were Providing Varying Projections On Job & Population Growth Oct 14 EPIC Formed To Initiate The Coordination Of (Public / Non-profit / Private) Agencies To Develop A Single Consensus Report Scenario Job Growth Population A56,600 46,200 B1 52,400 42,400 B2 52,400 64,700 C47,400 37,800 EPIC Job Forecast Scenarios (Five Years: ) Rounded EDAWN Projected Most Likely Scenario EPIC Versus Actual 52,400 Jobs In 5 Years EPIC Versus Actual Population In 5 Years 42,400 or 64,700 1. Water Concern 2. Housing Concern 3. Flood Control Concern 4. Brand or Image Concern 5. Government Staffing Concern 6. College Of Engineering Concern 7. Downtown Revitalization Concern 8. Transportation Infrastructure Concern Concerns Challenges Or Crises Manageable Concerns? Challenges To The New Reno / Sparks The New Reno / Sparks 1. Affordable Housing 2. Funding For Workforce Training 3. School Infrastructure Funding 4. Workforce / Talent Attraction Positive: - Good For Businesses in Region - Will Continue To Improve Air Service - Improved Quality Job Opportunities Close By - More Opportunities Business/Suppliers etc. Negative: - Overflow Of Growth Issues. - Regional Inflation: Wages, Real Estate etc. - Competition For Talent At Every Level - Significant Workforce Development Needs Why This Matters To You? Questions?