From Summits To Indexes And Beyond (2)


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Presentation to service groups on Solano Index of Economic & Community Progress

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From Summits To Indexes And Beyond (2)

  1. 1. From Summits to Indexes and Beyond<br />City County Coordinating Council<br />May 13, 2010<br />
  2. 2. Tourism SummitMarch 2006<br />Gathered about 50 business and public sector entities with vested interest in tourism<br />Identified need for collaboration in marketing<br />Launched – common website to promote events and festivals – in fall 2006<br />Solano County Official Guidebook launched in fall 2006; updated in 2008; in process of 2010 edition<br />Fairfield Hotel Association hosts Outdoor Writers Association Conference in spring 2009 that promotes tourism destinations across the county<br />
  3. 3. Solano Economic Summit IFebruary 2007<br />Asked ‘What is your vision of economic development in Solano County?’<br />Attendees committed to a shared economic vision<br />Conversation changed perspectives<br />Old View: Solano is that area between the Bay Area and Sacramento<br />New View: Solano is at the center of a mega-economic region that spans from San Jose to Reno<br />Summit sponsors<br />City County Coordinating Council<br />Solano Transportation Authority<br />Solano EDC<br />County of Solano<br />University of California, Davis joins with Summit 2<br />
  4. 4. Solano Economic Summit 2 & 3June 2007 and December 2007<br />Sorted out key economic and community issues<br />Developed a workable Solano County Economic Development Strategic Framework<br />Mission<br />Vision<br />Goals<br />Primary Economic Drivers<br />Requisite Strategies<br />Collaborative Planning and Implementation<br />
  5. 5. Partnerships FormedAs issues were identified, partnerships formed to respond<br />Need to connect youth to workforce<br />300 youth attend Countywide Youth Summit in October 2008 sponsored by the County of Solano and the Office of Education<br />All school districts expand efforts to hold career fairs at high schools<br />Need for measurable data over time<br />County, Solano EDC partner to create Economic Index, cluster studies<br />Cross section of interest on Technical Steering Committee guide projects<br />Need for collaborative efforts on seeking grants<br />Benicia, Dixon, Rio Vista, Suisun City and County partner with Small Business Development Center for $300,000 CDBG grant<br />Solano EDC Marketing Task Force worked together to secure over $26 million in Recovery Zone bonds<br />
  6. 6. Inaugural Economic IndexNovember 2008 at Economic Summit 4<br />Identified fast-growing industry sectors in Solano<br />Construction<br />Professional & Environmental Services<br />Health &Social Services<br />Trade & Logistics<br />Specialized Manufacturing<br />Advanced Food & Beverage Manufacturing<br />Life Sciences<br />Planted seeds for more partnerships<br />First 5 Solano’s BEST approach connecting early childhood to workforce<br />Solano EDC Marketing Task Force took on STEM Project to enhance science, technology, engineering and math opportunities in local schools<br />County Office of Education nonprofit to address school-to-business issues<br />
  7. 7. Economic Index FindingsNovember 2008 and January 2010<br />Good News<br />Economy has become more diversified with growing specializations<br />County economy comparatively more resilient<br />Business churn showed more gains than losses<br />Housing affordability improving; pace of foreclosures slowing<br />Not so Good News<br />High school drop out rates, graduation rates concerning<br />College preparedness rates decline<br />Fewer higher skilled jobs (44%) than highly educated residents (60%)<br />75,000 residents commute to jobs outside the county<br />
  8. 8. Collaborative EffortsAwards praise how public, private sector work together<br />May 2008: National Association of County Information Officers Award of Excellence for a major public participation project (2007 summits)<br />May 2009: California Association of Local Economic Developers Award of Excellence in Economic Development for the 2008 Index<br />December 2009: Cities, Counties, Schools Partnership Award for the sustained collaborative efforts<br />
  9. 9. Life Science Cluster StudyFebruary 2009<br />Solano prime location for technology spinoffs<br />Identified 5 areas to focus to grow the cluster<br />Availability of industrial space<br />Infrastructure<br />Tax policies<br />Expanded relationships with area universities<br />Development of high school biotech academies<br />Compliments Solano College training programs<br />Identified shortcomings at high school level to develop steady source of qualified future workers – Biotechnology Academies<br />
  10. 10. Energy Cluster StudyNovember 2009<br />Solano nexus to growing energy industry<br />Diversified energy portfolio – carbon-based and renewable<br />Transmission lines, like transportation arteries, intersect in Solano<br />Surrounded by billions of dollars in research and development<br />Most favorable area for local energy production<br />Need more trained workers for job growth<br />Workforce Investment Board, Solano College tapped into ARRA grant money to develop training programs<br />Lack strategy to capitalize on cluster<br />Solano Energy Council is in process of being developed<br />
  11. 11. Food Chain Cluster StudySlated for November 2010<br />Make connection between crops, manufacturing<br />Hope to increase economic churn with more value-added processing<br />Not all local food processors buy local commodities<br />Partnering with Yolo County<br />Both counties have completed similar agricultural studies<br />Develop more synergy to grow the connected ag economies<br />Workshops to gather more information<br />First workshop held today with processors; two more planned<br />
  12. 12. Where do we go from here?Keep the collaborative momentum going <br />2010 Index update being prepared<br />Opportunity to define two cluster studies<br />Questions to consider<br />What can each community do separately and collectively to transfer the knowledge gained in these studies into strategies that will build the local economy?<br />What should the role of the City County Coordinating Council be in the development of those strategies?<br />