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EG2008 Missouri Eco Gardening June 08 Presentation

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2008 Economic Gardening Gathering in Steamboat: Missouri Economic Gardening

2008 Economic Gardening Gathering in Steamboat: Missouri Economic Gardening

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    • 1. Community Economic and Entrepreneurial Development: Missouri Model National Economic Gardening Gathering June 13, 2007 Sharon Gulick, Director ExCEED (Community Economic and Entrepreneurial Development) [email_address]
    • 2. Rebuilding the Economic Development Pyramid Graphic courtesy of Brian Dabson, RUPRI Recruitment Retention Entrepreneu rship Entrepreneurship Retention Recruitm ent
    • 3. From recruitment… Graphic courtesy of Brian Dabson, RUPRI
    • 4. and local competition… VS. Graphic courtesy of Brian Dabson, RUPRI
    • 5. … to entrepreneurship Graphic courtesy of Brian Dabson, RUPRI
    • 6. … and regional collaboration + Graphic courtesy of Brian Dabson, RUPRI
    • 7. Successful Entrepreneurial Development Systems
      • Focus on entrepreneurs
      • Build on assets
      • Encourage collaboration & take regional approach
      • Engage youth, minorities, aging and others who are not usually invited to the table
      • Strategically target entrepreneurs
      • Celebrate community and entrepreneurial success!
    • 8. ExCEED
      • Is a multi-disciplinary program that cuts across all Extension program areas and is focused on revitalizing rural economies through alternative approaches to economic development.
      • Uses an engagement and collaborative learning model to re-energize local economies to build sustainable economies based on the strengths and assets of the local community or region.
      • Works with community leaders to develop strategies that ensure wealth transfer in rural communities.
    • 9. ExCEED’s Purpose
      • Build awareness among rural communities of entrepreneurship and place-based economic development strategies.
      • Assist communities in supporting, encouraging and facilitating entrepreneurship.
      • Participate in the development of vibrant rural economies and enhance community’s economic base and quality of life.
    • 10.
      • Facilitate collaborations between the University of Missouri and communities throughout the state.
        • Cross-disciplinary team representing all Extension divisions (CD, BD, AG, HES, 4-H) as well as University partners such as OSEDA, BRIDG, RUPRI, CPAC, and VISTA.
        • Extension field faculty actively participate with local projects.
        • Campus faculty connected to community projects.
    • 11. ExCEED Engagement Process
    • 12. Outreach and Development
      • Informational sessions across the state.
      • Communities/regions apply for participation.
      • Projects selected and local project leadership teams formed.
        • Includes business, nonprofit, education, government, utilities, chamber/economic development, etc., as well as Extension faculty.
        • Responsible for guide project, setting goals, reporting, participate in final evaluation.
        • Representative of regional diversity.
    • 13. Assessment
      • Visioning session
        • Assets and Challenges
      • Data analysis –
        • 2 phases: basic demographics, baseline study
      • Project leadership team and ExCEED staff compile and analyze data
      • Strategic Plan
    • 14. Implementation
      • Develop an action plan based on strategic plan, visioning session, baseline data and other input to identify priority areas and prioritize actions.
        • Leadership team takes lead, but committees and task forces created for specific activities.
      • ExCEED provides financial and technical assistance to engage University and Extension faculty, program and key partners.
    • 15. Evaluation and Results
      • Projects submit quarterly and annual reports.
      • Formal evaluation and community re-assessment conducted at conclusion of project.
      • Findings used to modify future engagement design, create new programs and curriculum, identify best practices.
      • Report on findings and best practices.
    • 16. Early Community Issues
      • Leadership capacity
      • Collaboration building
      • Access to capital (adults & youth)
      • Downtown revitalization
      • School system engagement
      • Research, evaluation & analysis
      • Foster more entrepreneurs
      • Focus on youth
      • Capture community wealth
      • Involve more residents in entrepreneurial community
    • 17. ExCEED Regional Projects NW MO Old Trails Show Me E! BYOB Ozark Heritage NE MO RBOG Brookfield Chariton County MRH All Natural SMEDA
    • 18. Brookfield
      • Using HTC approach
      • Community Foundation established
      • Leadership program underway
      • Entrepreneur network
      • Existing business visitation program
      • Provider Network under development
      • Youth entrepreneurship education & mentorship
      • Downtown Revitalization initiative
    • 19. Brookfield
      • Business Expansion:
          • 43 New Jobs and 45 Retained Jobs
          • $1 million in additional payroll
          • Lease/sale of community’s 10 year old spec building
          • $2.5 million investment
      Success!
    • 20. Chariton County
      • Focusing on youth -- MYOB
        • Curriculum provided to schools
        • Workshops for youth (91 students in 2006)
        • 7 youth-owned businesses started
        • Workshops/training for teachers
      • Leadership Program – youth & adult
      • Revolving Loan Program for youth
    • 21. Mississippi River Hills
      • Missouri Cuisines Project
        • Marketing region (Ex: regional maps)
        • Developing Quality Standards and regional label of origin – “ appellation”
        • Restaurants, local and outside the region, are using products grown or produced in region.
      • Workshops for local businesses
      • Foundation established
      • Youth entrepreneurship
    • 22. Northwest Missouri
      • Tourism
      • Business Development
      • Youth = young farmers
      • Network of resource providers including local banks
      • Working with local schools on entrepreneurship curriculum
      Wind Farm Success!
    • 23. Ozark Heritage Region
      • Focusing on youth
      • Engaged 15 of 23 school districts in Year 1; all 23 in Year 2
        • Student business competition
          • 15 student-led businesses
      • Youth will be followed to determine impact of entrepreneurship education on their career/location choices
      South Central Career Center, CC Café
    • 24. New ExCEED Projects
      • All Natural -- tourism
      • BYOB -- year-round employment; entrepreneurship
      • NE Missouri RBOG -- create regional economic development plan
      • Old Trails -- tourism
      • Show Me E! – youth entrepreneurship
      • SMEDA – economic development
    • 25. Outcomes As of June 30, 2007 Contributions to local Foundation/Endowments $283,000 Other grants received $202,500 Leadership Programs/participants 3 / 67 Participants assuming community leadership 38 Youth education & training events / participants 38 / 846 Youth-owned businesses started 22 Training Programs 23 Attendees at training programs 255 New Businesses Started 28 Business Expansions 7 New/Retained Jobs 49 / 45 Retained Jobs 45 New Investment $222.67 mill. Business Visitations 40
    • 26. Other Initiatives
      • Training
        • Missouri Entrepreneurial Communities
        • Fundamentals of Economic Development
      • Enhance Extension faculty skills
        • Provide access to resources, training, etc.
      • Facilitate key partnerships
        • Campus faculty
        • Missouri Rural Development Council
        • National Partners
    • 27. Data Connections
      • Community Policy Analysis Center (CPAC)
      • Office of Social and Economic Data Analysis (OSEDA)
      • RUPRI
      • Missouri Department of Economic Development – MERIC
      • Business Research and Information Development Group (BRIDG)
        • Missouri approach to “economic gardening”
    • 28. Entrepreneurship: Where Practice and Theory Meet November 6-7, 2008 St. Louis, Missouri http://mcquinn.missouri.edu/2008workshop
    • 29.  
    • 30. For more information…
      • Sharon Gulick
      • Director, ExCEED
      • University of Missouri Extension
      • 222 Gentry Hall
      • Columbia, Missouri 65211
      • Phone: 573-884-0669
      • Email: [email_address]
      • Web: www.extension.missouri.edu/CEED
    • 31. Supporting exCEED Communities with Economic Gardening
      • Steve Holt
      • Small Business Development Center
      • Chillicothe, Missouri 64601
      • 660-646-6920
      • [email_address]
    • 32. Missouri Economic Gardening Initiative
      • exCEED created the need to provide support to a variety of rural communities choosing a variety of strategies to grow their economies.
      • Some strategies would be unique, but others would adopt existing frameworks, such as HTC and others would be best served by a menu of “best practices”.
      • Economic Gardening concepts seemed to be a universal fit.
    • 33. Missouri Economic Gardening Objective
      • Access low cost sources of information
      • Utilize the state-wide network of Business Development Specialists and SBDC counselors to deliver tactical and strategic information to entrepreneurs and communities to help them start and grow ventures
      • Provide coaching and guidance through the lifecycle of the venture
    • 34. Missouri SBDC & Extension Network
    • 35. Purchased Data Bases
      • JJ Hill Research Library
        • Assisted searches
        • Access to 21 Premium Data Bases
      • ESRI Business Analyst Online
        • GIS
        • Businesses and Employment by SIC & NAICS
        • Demographic data
        • Expenditure data
        • Psychographic data
        • Traffic Counts
        • Fee based studies
    • 36. Data Bases
      • Yellow pages
      • Google Scholar
      • www.bizstats.com
      • http://www.llrx.com/columns/roundup29.htm Research RoundUp: Business Filings Databases
      • http://dorx.mo.gov/publicreports/ Missouri Department of Revenue public reports
      • http://www.missourieconomy.org/ Missouri Economic Research and Information Center
    • 37.  
    • 38.  
    • 39.  
    • 40.  
    • 41. Entrepreneurial Support
      • Show them their market
      • Show them their customers
        • Demographics
        • Psychographics
        • Expenditures
      • Help them find customers
        • D&B business to business
        • InfoUSA
      • Help them analyze their competition
      • Help them understand their industry
    • 42.  
    • 43.  
    • 44.  
    • 45.  
    • 46. Business Analyst Online Expenditure Reports
      • Household Budget
      • Automotive Aftermarket
      • Financial
      • House & Home Exp.
      • Medical
      • Recreation
      • Retail Goods & Services
    • 47. Recreation Expenditures
    • 48. 70 Mile Auto Expenditures
    • 49.  
    • 50. HillSearch & Other Tools
    • 51. Competitors 70 Mile Radius
    • 52. Total Qty Trucks, Tractors, Cars and Replacement Parts by Type
    • 53. 60 Min. Drive Time Market Comparison of Existing Sporting Goods Stores
    • 54. Industries Supported
      • Retail
        • Restaurants
        • Entertainment
        • Clothing and accessories
        • Electronic
        • Mail order
      • Financial
        • Commercial lending
        • Insurance
      • Manufacturing
      • Construction
      • Service
    • 55. Community Support
      • Brookfield HTC
      • Asset assessment
        • Population demographics
        • Population and housing breakdowns
        • Business starts
        • Retail Market Profile
        • Tourism
      • Economic Developers
      • Bond Issues and Feasibility Studies
        • Library
        • TIF
        • Museum
    • 56. Summary
      • Economic Gardening is a flexible “best practice” tool that can be adapted to support communities and entrepreneurs in a variety of settings.
      • Technology has made basic “tools” very affordable.
      • Free websites and other agency resources stretch your dollars and enhance your output.
    • 57. Questions?

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