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Division of Business &
Industry Development
WEDC Mission Statement

  As the State of Wisconsin’s lead economic development
    organization, the Wisconsin Economic Development
   Corporation (WEDC) nurtures business growth and job
  creation in Wisconsin by providing resources, technical
support, and financial assistance to companies, partners and
                the communities they serve.
WEDC Organization

                          Board of                         CEO &
                          Directors                   Secretary’s Office



                                              Business &           Economic &
 Finance &            Entrepreneurship                                                        International
                                               Industry             Community                                         Marketing
Administration          & Innovation                                                          Development
                                             Development           Development
•   Provide WEDC       • R&D & investment    • Advance            • Enable high               • Increase           • Promote
    with the tools,      capital               targeted, high-      performing economic         Wisconsin            Wisconsin as a
    technology, and                            growth               development network         exports              business-friendly
    support to meet    • Effective             business                                                              location
    strategic goals      entrepreneurship      consortia and      • Invests in high quality   • Increase foreign
    and operational      support network       industry             job creation and            investment         • Advance
    advantage                                  sectors              attraction                                       business-growth-
                                                                    opportunities             • Expand export        supporting
                                                                                                capacity             policies
Business & Industry Development
       Mission Statement

  Leveraging industry leadership to
accelerate growth and high quality jobs
  by advancing targeted, high impact
       initiatives in Wisconsin.
Goals

Engage:    25 High-value opportunities

Advance:   7 Priority Investments

Assist:    200 Unique WI businesses via targeted
           industry support

Achieve:   3:1 minimum overall investment
           leverage ratio
Promote:   Workforce development and alignment
General Qualifying Criteria for Investment


Industry-Led                 Sustainable

High Job
                             High Return
Creation
High Economic                Low Managed
Impact                       Risk
Engagement Criteria

Aggregate Impact (State, Region, Local)
Percent of State Employment
Geographic Distribution and Density (Location Quotient)
Sector Growth Momentum
Percent of State GDP
Driver Industry/Connectivity to other sectors
Confers Unique Competitive Advantage / Competitive Urgency
Specific Investment Criteria
Discrete organization, single      Key priorities
 identity
                                    Currently available funding
Core leadership: specific
 roles, titles, and                 Future or pending funding,
 responsibilities                    what and when

Formal charter                     Formal partnerships

Strategic plan

 Operating plan for at least the
  current fiscal/calendar year
Account     Opportunity        Project
Management   Management       Management

      Lead
             Opportunity          Project 1
                 1            •    Reporting
             • RFP
 Account     • Contract/MOU
                                  Project 2
  •    RFI                    •    Reporting
             Opportunity
                 2
             • RFP                Project 1
             • Contract/MOU   •    Reporting
Sector Manager Assignments
Sector            Sectors         Contact
Manager                           Information

Shelly Harkins    Manufacturing   shelly.harkins@wedc.org
                  Defense
Sector Manager Assignments
Sector             Sectors          Contact
Manager                             Information

Kathy Heady        Transportation   kathy.heady@wedc.org
                   Energy
Sector Manager Assignments
Sector              Sectors           Contact
Manager                               Information

Luke Fuszard        Financial Services luke.fuszard@wedc.org
Sector Manager Assignments
Sector               Sectors               Contact
Manager                                    Information

Gail MacAskill       Healthcare            gail.macaskill@wedc.org
                     Leisure/Hospitality
                     Recreation Arts
                     Aerospace
Sector Manager Assignments
Sector            Sectors             Contact
Manager                               Information
Seyoum Mengesha   Minority Business   seyoum.mengesha@wedc.org
                  Development
Sector Manager Assignments
Sector         Sectors              Contact
Manager                             Information
Cate Rahmlow   Water Technologies   cate.rahmlow@wedc.org
               Dairy & Food
               Manufacturing
               Agriculture
               Forest Products &
               Paper
Business & Industry Contact Information

Lee Swindall   Vice President        lee.swindall@wedc.org
                                     608.210.6700

Dani Jones     Project Coordinator   danielle.jones@wedc.org



Bob Pope       Research Analyst      bob.pope@wedc.org
Q&A

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Wedc all staff ppt bid v 6 0 dj 6 6-12

  • 1. Division of Business & Industry Development
  • 2. WEDC Mission Statement As the State of Wisconsin’s lead economic development organization, the Wisconsin Economic Development Corporation (WEDC) nurtures business growth and job creation in Wisconsin by providing resources, technical support, and financial assistance to companies, partners and the communities they serve.
  • 3. WEDC Organization Board of CEO & Directors Secretary’s Office Business & Economic & Finance & Entrepreneurship International Industry Community Marketing Administration & Innovation Development Development Development • Provide WEDC • R&D & investment • Advance • Enable high • Increase • Promote with the tools, capital targeted, high- performing economic Wisconsin Wisconsin as a technology, and growth development network exports business-friendly support to meet • Effective business location strategic goals entrepreneurship consortia and • Invests in high quality • Increase foreign and operational support network industry job creation and investment • Advance advantage sectors attraction business-growth- opportunities • Expand export supporting capacity policies
  • 4. Business & Industry Development Mission Statement Leveraging industry leadership to accelerate growth and high quality jobs by advancing targeted, high impact initiatives in Wisconsin.
  • 5. Goals Engage: 25 High-value opportunities Advance: 7 Priority Investments Assist: 200 Unique WI businesses via targeted industry support Achieve: 3:1 minimum overall investment leverage ratio Promote: Workforce development and alignment
  • 6. General Qualifying Criteria for Investment Industry-Led Sustainable High Job High Return Creation High Economic Low Managed Impact Risk
  • 7. Engagement Criteria Aggregate Impact (State, Region, Local) Percent of State Employment Geographic Distribution and Density (Location Quotient) Sector Growth Momentum Percent of State GDP Driver Industry/Connectivity to other sectors Confers Unique Competitive Advantage / Competitive Urgency
  • 8. Specific Investment Criteria Discrete organization, single Key priorities identity Currently available funding Core leadership: specific roles, titles, and Future or pending funding, responsibilities what and when Formal charter Formal partnerships Strategic plan  Operating plan for at least the current fiscal/calendar year
  • 9. Account Opportunity Project Management Management Management Lead Opportunity Project 1 1 • Reporting • RFP Account • Contract/MOU Project 2 • RFI • Reporting Opportunity 2 • RFP Project 1 • Contract/MOU • Reporting
  • 10. Sector Manager Assignments Sector Sectors Contact Manager Information Shelly Harkins Manufacturing shelly.harkins@wedc.org Defense
  • 11. Sector Manager Assignments Sector Sectors Contact Manager Information Kathy Heady Transportation kathy.heady@wedc.org Energy
  • 12. Sector Manager Assignments Sector Sectors Contact Manager Information Luke Fuszard Financial Services luke.fuszard@wedc.org
  • 13. Sector Manager Assignments Sector Sectors Contact Manager Information Gail MacAskill Healthcare gail.macaskill@wedc.org Leisure/Hospitality Recreation Arts Aerospace
  • 14. Sector Manager Assignments Sector Sectors Contact Manager Information Seyoum Mengesha Minority Business seyoum.mengesha@wedc.org Development
  • 15. Sector Manager Assignments Sector Sectors Contact Manager Information Cate Rahmlow Water Technologies cate.rahmlow@wedc.org Dairy & Food Manufacturing Agriculture Forest Products & Paper
  • 16. Business & Industry Contact Information Lee Swindall Vice President lee.swindall@wedc.org 608.210.6700 Dani Jones Project Coordinator danielle.jones@wedc.org Bob Pope Research Analyst bob.pope@wedc.org
  • 17. Q&A