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HomeMy WebLinkAboutICAD Update.pptICAD GROUP city city rr _ - R THE IOWA CITY AREA DEVELOPMENT GROUP ICAD Group works to enhance the quality of our communities by serving the workforce development and economic developmer needs of interstate commerce companies in our service territory. CLIENTS IN IOWA CITY ► ACT, Inc. ► Advanced Infoneering ► Alpla ► Artificial Eyes ► Bandwidth Pool ► Breads by Anna ► CCL ► Cardiostrong ► City Carton Recycling ► CompleWare Corporation ► CorrFlex Display & Packaging ► Cramer Dev ► Dibzees ► Economy Advertising ► Graham Packaging ► Pear Deck ► IDx LLC ► International Automotive Component ► Iowa Doppler Products ► ITC Midwest ► Loparex ► Lyrical Labs ► Mazira ► Mercer Administration ► Meta Communications ► Metro Wire ...... ............................... .......... ............... ► Millard Refrigerated Services ► Moore Wallace ( R. R. Donnelley& Sons) ► National Cooperative Grocers Association ► Oasis Hummus Component.- ► Tutor Universe ► United Natural Foods ► Viz-Tek/ Cyber Anatomy ► West Wind Education Policy ► Oral -B Laboratories ► Pearson Educational Services ► Procter& Gamble Mfg. Co. ► Quality Quest Inc. ► Radiology Protocols ► Tutor Universe ► United Natural Foods ► Viz-Tek/ Cyber Anatomy ► West Wind Education Policy Through January 2014, we have provided significant assistance to the achievement of the following results: Expansion /Retention Projects = 7 contributing 424 jobs Targeted Company Recruitment = 4 contributing 345 jobs New Companies Created /Assisted = 6 contributing 37 jobs 806 New Jobs since July 1, 2012 FY2014 FULL PROJECT ACTIVITY (30% THROUGH 5 YEAR GOALS) Expansion /Retention Projects = 30% Expansion /Retention Jobs = 26% Targeted Company Jobs = 40% FY2014 FULL PROJECT ACTIVITY (30% THROUGH 5 YEAR GOALS) New Companies Created /Assisted = 38% New Companies Created /Assisted Jobs = 22% .g in Vuiih o ha. sufDrIll Success with economic development ATTRACTION OF TALENT WORKFORCE REMAINS OUR BIGGEST !' CHALLENGE WORKFORCE AND SKILLS ANALYSIS Cluster Skills Analysis -Iqqomh. _ kg-�`n - 0 Creation of Regional Workforce Plan Regional Workforce Development Plan to be Developed with Kirkwood Community College and UNI's Institute for Decision Making and Regional Economic Development Organizations COLA Metric 1. Number of companies started due to the Co Lab 2. Number of significant events held either at or because of the Co Lab and culture of innovation concept 3. Number of companies spun out of Co Lab and locating in our region 4. Number of existing companies showing tangible growth due to Co Lab 5. Number of companies recruited to the area utilizing Co Lab 6. Square feet of space leased/ built in the area because of companyspin outs 7. Number of new positions created due to Co Lab (both in Co Lab and in companyspin outs) 8. Capital raised by companies utilizing Co Lab and those who have spun out Year 1 1( $250,000 $3.5 million $>700K UNPRECEDENTED GROWTH SMART, HEALTHY & FUN Kirkwood STEM Focused Regional Center lit lit lit $1B in UI Projects Underway N NI .............. .............. .............. .............. .............. THANK YOU FOR YOUR INVESTMENT Mark Nolte, ICAD Group President 316 E Court Street Iowa City, Iowa 52240 (319) 354 -3939 mnolte@icadgroup.com