Columbus 2020 - Collaborate to Compete
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Columbus 2020 - Collaborate to Compete

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Presentation by Kenny McDonald, Chief Economic Officer, of Columbus 2020 to the Canadian Network of Metropolitan Region's event Collaborate to Compete in Niagara Ontario.

Presentation by Kenny McDonald, Chief Economic Officer, of Columbus 2020 to the Canadian Network of Metropolitan Region's event Collaborate to Compete in Niagara Ontario.

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Columbus 2020 - Collaborate to Compete Columbus 2020 - Collaborate to Compete Presentation Transcript

  • MAY 2014
  • ECONOMIC SECTORS
  • NOTABLE EMPLOYERS
  • ABOUT COLUMBUS 2020 Purpose  To substantially grow and improve the 11-county Columbus Region’s economic base by generating opportunities and building economic development capacity for the future growth and property of the metropolitan area. 2020 Goals  Generate 150,000 net new jobs  Generate $10 Billion of announced capital investment  Raise per capita income by 30% by 2020 Key Activities  Assist local economic base companies to expand and grow  Attract marketing leading companies to the Columbus Region  Accelerate high-growth enterprises and entrepreneurs  Continuously improve the civic infrastructure
  • ABOUT COLUMBUS 2020 Workforce Attraction Market Leader Attraction Regional Collaboration Global Trade and Investment Gathering intelligence and helping companies compete Competitive investment from market leaders and emerging stars Creating a dynamic growth environment Growing the talent base Embracing civic infrastructure Competing globally by leveraging global networks Business Growth and Expansion Workforce Attraction Support of High-Growth Companies Market Leader Attraction Regional Collaboration Global Trade and Investment Gathering intelligence and helping companies compete Attracting competitive investment from market leaders and emerging stars Creating a dynamic growth environment Growing the talent base Embracing civic infrastructure Competing globally by leveraging global networks Requirements of a 21st century economic growth strategy
  • ECONOMIC MARKET
  • THE JOBSOHIO NETWORK
  • SUCCESS INDICATORS
  • 12,367 (23,056) (40,000) (20,000) 0 20,000 40,000 60,000 80,000 100,000 2000-2005 2005-2010 2010-2014 Net New Job Growth Columbus Region 2000-2014 +81,000 represents 49 months vs. 60 month periods JOB GROWTH: 5 YEAR NET NEW
  •  To begin - focus on WHAT needs to be done, not WHO needs to do it  Economic development is a professional activity  You need a strategy – but you have to have a bias for action  The strategy must be business directed and publically supported  The strategy must be long term – more than an administration, but executed with great urgency  We must approach the market in the way that the market looks at us (metropolitan areas)  Metro areas are important actors and critical to the nation’s success WE BELIEVE
  • Columbus 2020 150 S. Front St., Suite 200 Columbus, OH 43215 columbusregion.com | 614-225-6063 THANK YOU