<ul><li>How to Get Involved in Shaping the  Future of Michigan Business </li></ul>
<ul><li>Tammy J. Carnrike </li></ul>COO, Detroit Regional Chamber
<ul><li>Nolan Finley </li></ul>Editorial Page Editor, The Detroit News
<ul><li>Susan Mosey </li></ul>President, University Cultural Center
 
 
HOME to the CULTURAL CENTER
THE CULTURAL CENTER
MIDTOWN – Home to Major Educational Institutions
MIDTOWN – Home to the Medical Center John D. Dingell  VA Medical Center
MIDTOWN – Home to Long-Standing Establishments 1  Dog Daycare Facility 2  Radio Stations  3  Historic B&Bs 4  Places to Bu...
Midtown is the Destination of Over: 2,500,000  Annual Visitors 1,500,000  DMC Patients / Year 35,000  College Students 30,...
MIDTOWN INVESTMENT Constructed & Planned Projects 2000-2010 Total Investment:  $1.8 billion $40.7 million Public Improveme...
Total Investment in Midtown: Institutional Residential Commercial Green Space $1.8 billion
MIDTOWN INVESTMENT Constructed & Planned Projects 2000-2009 Phase 1 – Orchestra Place
Midtown Loop Greenway
Midtown Loop Greenway Detroit Science Center VA Hospital
Sugar Hill Arts District
Sugar Hill Arts District
Sugar Hill Arts District
Noel   Night
Midsummer Nights in Midtown Slavic Soul Party Project Bandaloop Malcolm-Jamal Warner Detroit Symphony Orchestra
North Cass Community Garden
Willys Overland Lofts
Studio One
Woodward Garden Theatre Block
MIDTOWN – Small Businesses Good Girls Go To Paris   Crepes UM Art Gallery Leopold’s Bookstore Bureau of Urban Living Sole ...
<ul><li>Phillip Power </li></ul>Founder and President,  The Center for Michigan
<ul><li>Michael Finney </li></ul>President and CEO, Ann Arbor SPARK
Mission Statement <ul><li>“ SPARK” will be the  driving force in establishing the Ann Arbor Region as a desired place for ...
Guiding Principles <ul><li>High-value, knowledge-intensive, diverse workers </li></ul><ul><li>Innovation in products, serv...
<ul><li>Ann Arbor Angels </li></ul><ul><li>Ann Arbor Area CVB </li></ul><ul><li>Ann Arbor Board of Realtors </li></ul><ul>...
Entrepreneurial Best Practices <ul><li>10.  Create a common vision among economic development organizations </li></ul><ul>...
Entrepreneurial Best Practices <ul><li>5.  Facilitate increased connectedness between universities and startups </li></ul>...
Who Does What? <ul><li>Create a common vision among economic development organizations </li></ul>University of Michigan Ea...
Organization Ann Arbor IT Zone Entrepreneurial  Education <ul><li>Create a common vision among economic development organi...
Organization Ann Arbor SPARK Existing Business Innovation (Startups) Business Retention and Expansion Attraction Business ...
Targeted Industry Sectors <ul><li>Advanced Automotive Manufacturing and Materials </li></ul><ul><li>Aerospace Engineering ...
<ul><li>Open Source Economic Development </li></ul><ul><li>Economic development in Michigan should take a page from the pl...
Washtenaw County ROI <ul><li>2006 – 2008 Results </li></ul><ul><li>101 project successes - $925 million new investment com...
Questions:  [email_address] Twitter: @MichaelAFinney www.AnnArborUSA.org
<ul><li>Florine Mark </li></ul>President and Chair, The WW Group, Inc. / Weight Watchers
<ul><li>Nolan Finley - moderator </li></ul>Susan Mosey President, University Cultural Center Florine Mark President and Ch...
<ul><li>Coming up next at 2:35 p.m. </li></ul>AT&T Speed Networking and connect with some of the region’s brightest busine...
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How to Get Involved in Shaping the Future of Michigan Business - Business InSight

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Slides for town hall presentation on "How to Get Involved in Shaping the Future of Michigan Business" at Detroit Regional Chamber's "Business InSight" conference. October 27, 2009 at Henry Ford Museum, Dearborn, MI.

Moderated by Nolan Finley, Editorial Page Director of The Detroit News; with Susan Mosey, President of University Cultural Center; Phillip Power, Founder & President of The Center for Michigan; Florine Mark, President and Chair, The WW Group, Inc. / Weight Watchers; Michael Finney, President and CEO, Ann Arbor SPARK; and Tammy Carnrike, COO of Detroit Regional Chamber.

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  • How to Get Involved in Shaping the Future of Michigan Business - Business InSight

    1. 1. <ul><li>How to Get Involved in Shaping the Future of Michigan Business </li></ul>
    2. 2. <ul><li>Tammy J. Carnrike </li></ul>COO, Detroit Regional Chamber
    3. 3. <ul><li>Nolan Finley </li></ul>Editorial Page Editor, The Detroit News
    4. 4. <ul><li>Susan Mosey </li></ul>President, University Cultural Center
    5. 7. HOME to the CULTURAL CENTER
    6. 8. THE CULTURAL CENTER
    7. 9. MIDTOWN – Home to Major Educational Institutions
    8. 10. MIDTOWN – Home to the Medical Center John D. Dingell VA Medical Center
    9. 11. MIDTOWN – Home to Long-Standing Establishments 1 Dog Daycare Facility 2 Radio Stations 3 Historic B&Bs 4 Places to Buy Groceries (& 2 on the way!) 7 Banks 10 Theatres 14 Galleries 18 Churches 36 Nonprofit Organizations 46 Places to Eat 141 Reasons to Live in Detroit
    10. 12. Midtown is the Destination of Over: 2,500,000 Annual Visitors 1,500,000 DMC Patients / Year 35,000 College Students 30,000 Employees 17,000 Residents 4,000 Volunteers
    11. 13. MIDTOWN INVESTMENT Constructed & Planned Projects 2000-2010 Total Investment: $1.8 billion $40.7 million Public Improvement Investments: $42.6 million Commercial & Arts Related Investment: $98.2 million 1,661 beds WSU Residential Investment: $435.6 million 2,464 units Residential Investment: $293.4 million Medical Facilities Investment: $276.7 million Education Facilities Investment: $643.5 million Institutional Campus Investment
    12. 14. Total Investment in Midtown: Institutional Residential Commercial Green Space $1.8 billion
    13. 15. MIDTOWN INVESTMENT Constructed & Planned Projects 2000-2009 Phase 1 – Orchestra Place
    14. 16. Midtown Loop Greenway
    15. 17. Midtown Loop Greenway Detroit Science Center VA Hospital
    16. 18. Sugar Hill Arts District
    17. 19. Sugar Hill Arts District
    18. 20. Sugar Hill Arts District
    19. 21. Noel Night
    20. 22. Midsummer Nights in Midtown Slavic Soul Party Project Bandaloop Malcolm-Jamal Warner Detroit Symphony Orchestra
    21. 23. North Cass Community Garden
    22. 24. Willys Overland Lofts
    23. 25. Studio One
    24. 26. Woodward Garden Theatre Block
    25. 27. MIDTOWN – Small Businesses Good Girls Go To Paris Crepes UM Art Gallery Leopold’s Bookstore Bureau of Urban Living Sole Sisters Botique
    26. 28. <ul><li>Phillip Power </li></ul>Founder and President, The Center for Michigan
    27. 29. <ul><li>Michael Finney </li></ul>President and CEO, Ann Arbor SPARK
    28. 30. Mission Statement <ul><li>“ SPARK” will be the driving force in establishing the Ann Arbor Region as a desired place for business expansion and location ...by identifying and meeting the needs of business at every stage, from those that are established to those working to successfully commercialize innovations. </li></ul>
    29. 31. Guiding Principles <ul><li>High-value, knowledge-intensive, diverse workers </li></ul><ul><li>Innovation in products, services, and delivery </li></ul><ul><li>Ann Arbor USA (brand entire region) </li></ul><ul><ul><li>“ Open Source Economic Development” </li></ul></ul><ul><ul><ul><li>Statewide Collaboration/Partnerships </li></ul></ul></ul><ul><li>Proactive versus reactive </li></ul>
    30. 32. <ul><li>Ann Arbor Angels </li></ul><ul><li>Ann Arbor Area CVB </li></ul><ul><li>Ann Arbor Board of Realtors </li></ul><ul><li>Ann Arbor Business Review </li></ul><ul><li>Ann Arbor Chamber </li></ul><ul><li>Ann Arbor Community Foundation </li></ul><ul><li>Ann Arbor News </li></ul><ul><li>Ann Arbor-Ypsilanti, LDFA </li></ul><ul><li>County and Local Units of Government </li></ul><ul><li>Detroit Regional Economic Partnership </li></ul><ul><li>Detroit Regional Chamber </li></ul><ul><li>Detroit Renaissance </li></ul><ul><li>Enterprise Group of Jackson </li></ul><ul><li>Genesee County/Flint Regional Partnership </li></ul><ul><li>Home Builders Association of Washtenaw County </li></ul><ul><li>MichBio </li></ul><ul><li>Michigan Department of Labor and Economic Growth </li></ul>Regional Partners <ul><li>Michigan State Housing Development Authority </li></ul><ul><li>Michigan Economic Development Corporation </li></ul><ul><li>Michigan Manufacturing Technology Center </li></ul><ul><li>Michigan SmartZones </li></ul><ul><li>Michigan Venture Capital Association </li></ul><ul><li>Michigan Works!/ETCS </li></ul><ul><li>Small Business & Technology Development Centers </li></ul><ul><li>Southwest Michigan First </li></ul><ul><li>University of Michigan </li></ul><ul><li>Washtenaw Community College, Eastern Michigan University </li></ul><ul><li>Washtenaw County United Way </li></ul><ul><li>Wayne County Economic Development </li></ul><ul><li>Ypsilanti Chamber </li></ul><ul><li>Ypsilanti CVB </li></ul><ul><li>Ypsilanti Gateway, CEDC </li></ul>
    31. 33. Entrepreneurial Best Practices <ul><li>10. Create a common vision among economic development organizations </li></ul><ul><li>9. Establish specific goals and timing for the community’s support to emerging business </li></ul><ul><li>8. Gain the support of local and state government to enact laws and modify policies which will be more friendly to start-ups </li></ul><ul><li>7. Communication – Create an effective branding message to develop a consistent understanding of the region’s value-proposition </li></ul><ul><li>6. Facilitate increased connectedness of larger corporations to startups </li></ul>
    32. 34. Entrepreneurial Best Practices <ul><li>5. Facilitate increased connectedness between universities and startups </li></ul><ul><li>4 . Focus on a finite set of emerging technologies, or industry sectors </li></ul><ul><li>3. Encourage a more entrepreneurial, risk-taking culture in the region by celebrating venture successes </li></ul><ul><li>2. Link entrepreneurs with early and effective mentoring and coaching </li></ul><ul><li>1. Provide adequate seed funding and subsequent growth capital </li></ul>
    33. 35. Who Does What? <ul><li>Create a common vision among economic development organizations </li></ul>University of Michigan Eastern Michigan University Offerings SPARK GLEQ SBTDC MICH Bio Zell/Lurie Ctr. for Entre. BEC OTT Ctr. for Entre. MRI MEDC ETCS AACVB AACC DREP Auto Alley Det Ren A2Angels BBC MVCA NEF SCORE Grants X X X         X X Loans X           X X Equity X X         X X X X BA Consulting X X           X X X X X X X Incentive Assistance X           X X X X Talent Recruitment X X X       X X X Networking X X X X       X X X X X X X X X Membership Services           X X X X X X Advocacy X           X X X X X X Site Search X           X X X Permitting X           X X Training/Education X X X X X     X X X X X X Mentoring X X X   X   X   X X X X X X X X Marketing X X           X X X X X X Tourism           X X Research X X X       X   X X X X X X Incubator Services X           X Micro loans           IP Licensing Assistance X       X   Business Critical Introductions X     X     International Business Attraction X           X X X
    34. 36. Organization Ann Arbor IT Zone Entrepreneurial Education <ul><li>Create a common vision among economic development organizations </li></ul>Ann Arbor SPARK Washtenaw Development Council Business Accelerator Services Retention and Expansion
    35. 37. Organization Ann Arbor SPARK Existing Business Innovation (Startups) Business Retention and Expansion Attraction Business Acceleration Michigan Innovation Equipment Depot Michigan Pre-seed Fund <ul><li>Marketing & PR </li></ul><ul><li>Events </li></ul><ul><li>Talent Enhancement </li></ul><ul><li>Research & Business Info. </li></ul><ul><li>Incentive Preparation </li></ul>MLSIC Wet Lab Incubator SPARK Central Incubator SPARK East Incubator Micro Loan Funds
    36. 38. Targeted Industry Sectors <ul><li>Advanced Automotive Manufacturing and Materials </li></ul><ul><li>Aerospace Engineering and Manufacturing </li></ul><ul><li>Cleantech </li></ul><ul><li>Homeland Security and Defense </li></ul><ul><li>IT / Software </li></ul><ul><li>Life Sciences </li></ul><ul><li>Optics / Measurement </li></ul><ul><li>Printing and Publishing </li></ul><ul><li>Focus on a finite set of emerging technologies or industry sectors </li></ul>
    37. 39. <ul><li>Open Source Economic Development </li></ul><ul><li>Economic development in Michigan should take a page from the playbook of the ever-evolving software industry. Its “open source” philosophy -- the source code that drives development should be open and available to all-- is a model that can propel Michigan’s success in growing, retaining, and attracting business. </li></ul>
    38. 40. Washtenaw County ROI <ul><li>2006 – 2008 Results </li></ul><ul><li>101 project successes - $925 million new investment commitments </li></ul><ul><li>7,054 new jobs and 5,740 jobs retained </li></ul><ul><li>155 Innovation start-ups through SPARK Business Accelerator </li></ul><ul><li>Leveraged community investments to $32.5 million -- through acquisition of Federal and State of Michigan funding and equipment donation to Michigan Innovation Equipment Depot </li></ul><ul><li>Assisted 350 regional companies with employee searches </li></ul><ul><li>Assisted 3000+ job seekers with employment searches </li></ul>
    39. 41. Questions: [email_address] Twitter: @MichaelAFinney www.AnnArborUSA.org
    40. 42. <ul><li>Florine Mark </li></ul>President and Chair, The WW Group, Inc. / Weight Watchers
    41. 43. <ul><li>Nolan Finley - moderator </li></ul>Susan Mosey President, University Cultural Center Florine Mark President and Chair, The WW Group, Inc. / Weight Watchers Michael Finney President and CEO, Ann Arbor SPARK Philip Power Founder and President, The Center for Michigan Editorial Page Editor, The Detroit News
    42. 44. <ul><li>Coming up next at 2:35 p.m. </li></ul>AT&T Speed Networking and connect with some of the region’s brightest businesses in the exhibit hall

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