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HomeMy WebLinkAboutICAD ppta Iowa circ AREA DEVELOPMENT .4 1 h 1• � � •hep fPFli • is i -.r.L�Y� 4, +. l _.,.,a�.a" �= LI iP� � m p� or r ; Y __... lib•.l AMR ., i IOWA CITY AREA DEVELDPMENT DRIVING INNOVATION ICAD Group works to enhance the quality of our communities by serving the business development needs of interstate commerce companies. Through these efforts, we create, collaborate and lead regional economic development initiatives that contribute to the creation and growth of companies, wealth and quality jobs. MARK NOLTE President & Director of Business Development KATE MORELAND Director of Community Relations & Collaboration ANDRE' WRIGHT Director of Entrepreneurial Advancement & Mentor Connections DALAYNE WILLIAMSON Director of Workforce Services TOM BANTA Director of Strategic Growth ERIN POTTEBAUM Director of Communications To date, ICAD has assisted in the creation of ... ► Over 1700 jobs since 2013 ► 20 Expansion Projects ► 9 Recruitment Projects ► And more than 20 Startups ► Several Significant Expansion Projects Pending with potential for an additional 750 New Jobs IOWA CITY AREA OEVELOPMENT Growth Projections Projected hiring in Unfilled positions: Companies the next 3 years: 1623 u positions 471 t� report problems finding talent: 93 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 92% Total Sales Increase Emerging / Growing Products Plans To Expand New Prod / Sery Last 5 years New Prod / Sery Next 2 years Iowa City 2016 n ", F. rma National 2016 7 6 5 4.7 4 3 2 1 0 5.4 0 Employee Quality of Local Employee Productivity of Availability Workforce Stability Workforce ■ Iowa City 2016 — ICAD 2016 Iowa 2016 National 2016 7.0 5.0 m 3.0 2.0 W ms e ';D �el r'� J Iowa City 2016 F7111a 1130 Iowa 2016 National 2016 Strengths: Quality of Life, Good Schools, Safe, Educated Workforce, Overall Cost of Doing Business, Strong Community Support, Diversity Improving, Stability/ Diversity of Economy, Improvements in transportation options Weaknesses: Lack of Workforce with Necessary Skills - Technical, Coding, Engineering, Drivers, Mid Skill Workforce. Availability of Office Space and Venture Capital, Cost of Workforce Housing, Lack of 2nd Shift Child Care Opportunities: Local Companies Anticipate adding 1623 New jobs in next 3 years. At time of Survey: 471 Unfilled Positions. Growth Industries: Education Technology, Advanced Transportation, Natural / Org Food Products, Cyber Security. Become the Innovator in Public Education. Be Known for Entrepreneurship and Education. Threats: Role of Automation / Artificial Intelligence Reshaping Job Market, Changes to the UI will affect the community, Inability to grow workforce quickly enough to compete for recruitment / expansion projects. • Regional Workforce Plan • Joint Venture to Align Efforts / Resources • Marketing of Regional Brand Internally / Externally • Better Collaboration with Partners 00 i owa's creative corridor MERGE i M Em R G Em n iBIENVENIDOS!:FgVLIr-F! 9i 3Y,j1171 Welcome to the Iowa City Area! The dopa', top economic da clop r ent partners believe that cultural diversity e pimps anrcammpnity with unique perspectmenvtdearlervn(mongnt_ wno better to "[come you to our area than folks who call our community name. This :me was de,emped m help run rnnnea run m an the remnreca and event: Chat run need to,pale Inm the area. Nelrome' I;% WINGMAN #wingmaniacc Take flight in Iown'c Creative Corridor T.E.A.M. Centered Workplace Iowa City Area Welcome Initiative International Welcoming Task Force Iowa Brag Campaign Shovel Ready Pick Your Pace Corridor Connector Corridor Job Club Corridor Works Career Fair Creative Corridor IC CoLab's University of Iowa Hawkeye Huddles Workplace (R)evolution World BLU Iowa Senior HR Association (ISHRA) Workplace Learning Connection Junior Achievement Blue Zones Leadership Team Employee Resource Group Consortium EntreFest Visiting Maker's Program Witching Hour United Way of Johnson and Washington County Johnson County Regional Center at the University of Iowa Planning Group University of Iowa STEM Innovation Class � obCorridor (�JbCub Pl :: TEAM ICy ' Iowa's SAB corridor • Women in Business Mentors • One Million Cups • Chamber Education Committee • Women in Business Mentors • Startup Weekend • Any Given Child • Iowa City Downtown District Board • Mission Creek • IT Sector Board • Manufacturing Sector Board • Regional Workforce Development Task Force • UI Venture School • Iowan Project • Innovation Expo • Field To Family Advisory Board • Southeast Regional STEM Advisory Council • Chamber Leadership Program • Iowa Fashion Project • 100+ Men / Women Who Care: Hawkeye Chapter