Kendall County Economic Development

Transcription

1 Kendall County Development Strategic Plan 2016

2 Kendall County Development Strategic Plan Strategic Priorities Strategic priorities are developed through the planning process including both staff and members of the Development. These priorities and their subsequent action items guide the Cou ty s efforts to achie e the ost i pact ith the least resources. Their continuous evaluation allows the County to maintain both short term and long term views while being able to react to changes in the environment. The strategic priorities are: Attraction Expansion These strategic priorities will guide the Cou ty s eco o ic development efforts. The will be reported to the Development on a quarterly basis not only to update the, but also to track performance. As Kendall County is limited in its resources, the County has decided to focus on business that fall in the STEM categories: Science, Technology, Engineering, and Manufacturing. These types of businesses provide both strong wages and property investment, leading to long term growth and prosperity. There are three primary methods to achieve the strategic priorities: Support the local Development Corporations and Departments in their efforts; Coordinate with those entities to eliminate redundant efforts and improve effectiveness and; Market the County to internal and external stakeholders. These three efforts are not mutually exclusive; rather, each reinforces the other. Market Partnerships Coordinate Support 4/13/2016 Kendall County Development 1

3 Kendall County Development Strategic Plan In 2016, Kendall County Development will use five strategies to pursue our strategic priorities: Develop and Distribute Marketing Material Strengthen and Coordinate Regional Partnerships Connect Local es to Resources Establish Standardized Incentives Research and Maintain and Data These five strategies action items will pertain to the tasks to accomplish the three strategic priorities; they will also make up the dashboard for measuring performance. Attend Trade Shows Update and Maintain the website Publish Indicator Dashboard Develop and Distribute Marketing Material Identify target Identify target shows: In shows: In Update EID: Review: Update EID: Not Update EID: Not Update EID: Not Participate in and Host KEDA Events Visit Municipalities Development Meetings Strengthen and Coordinate Regional Partnerships KEDA Meeting: KEDA Meeting: KEDA Meeting: KEDA Meeting: In In In Matchmaking Event: Annual Plano meeting: Oswego EDC: Resource: In Yorkville EDC: Not Forecast: In Sandwich EDC: Not Forecast: In Montgomery EDC: Not Strengthen Workforce Connections Attend VALEES event: Develop Work- Study Program: In Develop Work- Study Program: In Develop Work- Study Program: In 4/13/2016 Kendall County Development 2

4 Kendall County Development Strategic Plan VIA: Target Partners: Not Target Partners: Not Target Partners: Not Participate in Regional Initiatives Workforce Development: Regional Growth Initiative Meeting: Meetings: Workforce Development: Not Meetings: ExporTech Program: In Regional Growth Initiative Meeting: Not Meetings: Not Meetings: Not Planning for Regional Growth Initiative Meeting: Not Co-Host the Job Fair Host Forums Connect es to Resources Planning: In Planning: In Develop Forum Topics: In Hold Fair: Not Resource Forum: Not Forecast Forum: Not Distribute County Resources Contacts Work-Study Program Create resource handout: Distribute to partners: Develop business retention targets: IVVC: Chambers: In businesses: In meeting: In Develop program specifics: In businesses: No meeting: In Develop program specifics: Not businesses: No meeting: In Develop program specifics: Not 4/13/2016 Kendall County Development 3

5 Kendall County Development Strategic Plan VALEES: VIA: Develop partner relationship: In Develop partner relationship: Not Develop partner relationship: Not Incentive Process Develop Incentives to Targeted Needs Create Consensus with local partners Create and Maintain list Update and Maintain Demographic Data Establish Standardized Incentives Engage partners: Engage partners: Engage partners: Not Not Not Analyze needs: In Document processes: Not Analyze needs: In Design incentives goals: Not partners to determine incentive goals: Not Document processes: Not Develop incentives: Not partners to determine incentive goals: Not Research and Maintain Data Compile and verify: Update Demographic Data: Document processes: Not Develop incentives: Not Create draft for standardized economic incentives: Not Obtain industrial Obtain new info Obtain new info Obtain new info business lists: to update list: In to update list: In to update list: In Trends: In Trends: In Trends: Not Trends: Not 4/13/2016 Kendall County Development 4

6 Kendall County Development Strategic Plan Create and Maintain Broker list List: In List: In List: Not List: Not Research Opportunities for South Route 47 Possibilities: Not Possibilities: Not Create Target Industries matching Possibilities: Not 4/13/2016 Kendall County Development 5