The document summarizes the agenda and discussions at the annual spring Board of Directors meeting of Virginia Economic Bridge, Inc. The agenda included remarks from special guests, approval of previous meeting minutes, financial reports, and discussions around strategic goals and initiatives for 2011. Key topics of discussion were rebranding the organization, developing economic stimulus and business development initiatives to connect companies in Northern Virginia with opportunities in Southwest Virginia, and legislative issues impacting economic development and job creation in the state.

1. Annual Spring BOD Meeting Lockheed Martin Manassas, VA June 4, 2010

2. Agenda Welcome and Introductions Remarks from Special Guest – Ms. Ibbie Hedrick, Director of Communications & Business Community Liaison, Lt. Governor Bill Bolling Remarks from Special Guest – Ms. Gwen Sigda, Northern Virginia Regional Representative for Northern Virginia for Senator Jim Webb Remarks from Special Guest – Mr. Scott Price, Director of Constituent Services for Northern Virginia for Senator Mark Warner Remarks from Ex-Officio Board Member – Mr. Jim Duffey, Commonwealth of VA’s Secretary of Technology

3. Agenda Reading and Approval of the September 15, 2009 Board Meeting Minutes Treasurer’s Report Chairman’s Report Old Business President’s Semi–Annual Report with Program/Project Information Updates

4. … a non profit organization that promotes the economic vitality of the Commonwealth through business, economic and workforce development initiatives.

5. Mission & Vision Our Mission Virginia Economic Bridge, Inc., promotes the economic vitality and external competitiveness of the Commonwealth through business, industry and educational partnerships between Southwestern Virginia, Northern Virginia and other regions of the Commonwealth. Our Vision Virginia Economic Bridge, Inc,. will become the advocate of and provide leadership for: A Shared Vision for Economic Development in SWVA, NOVA and Other Locations A Productive Coalition among SWVA, NOVA and Other Local, State, and Federal Officers and Business Leaders A Marketing Campaign which Promotes Needs and Benefits in Bridge Regions An Improved Infrastructure for Technology, Transportation and Education Since 1989, Virginia Economic Bridge, Inc., has been working towards strategic goals that continue to bring together Virginia’s business leaders to build a sense of “common wealth”. Our goal is to ensure that Virginia is prepared to meet the business, economic and workforce challenges of this century and beyond.

8. What do we do well…? Tackle the Big Issues!

9. What do we do well…? Research Recruitment Retention that leads to Job Creation & Economic Development

12. Southwest Virginia’s Shared Heritage with Ireland and Western Europe Promoting the Economy of Our Region Through Collaborations in Technology, Commerce, Education and Tourism Unleashing the Celtic Tiger

13. www.VirginiaBusiness.org

17. Used for training and assessing individuals to become teleworkers Used as mediator between companies looking to hire independent contractors Will aggregate efforts of multiple sites and organizations to attract and retain individuals able to telework in the region Site for regional resources, efforts and a functional site for posting telework jobs and teleworkers’ resumes Linked TeleWorkforce Connections

18. One Care of SWVA

19. Strategic Planning Process Mission: One Care of Southwest Virginia is committed to decreasing substance abuse and misuse, and related social, economic and health factors through planning, policy, data, and advocacy.

20. Strategic Planning Process Vision One Care’s vision is to be a model for achieving significant reductions in substance abuse and related social, economic and health factors by building and supporting community partnerships.

21. The Web Portal for Southwest Virginia

23. Return to Roots www.ReturntoRoots.org & www.RTRSoVA.org The information portals and networks for Career Seekers, Employers and Communities in Southwest & Southern Virginia

24. A Web Portal for Communities! Post your Resume, Find a Job! Post your Job, Find an employee Access Business Resources Seek Higher Education Opportunities View Community Attractions Read News & Find Information Find High School Reunions www.ReturntoRoots.org & www.RTRSoVA.org

25. Agenda New Business – Strategic Discussion 2011 Goals Finance Approval of VEB, Inc.’s FY11 Budget Bylaws Change 2nd Reading of Proposed language related to Section 4 Annual Meeting Board Membership Approval of BOD members

26. Agenda New Business – Strategic Discussion 2011 Goals Public Relations & Policy Development VEB 2020 – Re-Branding Committee Report

27. Re-branding Committee Preliminary Report Gordon Miller Mike Feeley

28. Redesign of the VEB Website Gordon Miller

29. Re-branding Committee Preliminary Report Mike Feeley

30. Recommendations Retain Current Mission Statement Focus on “bridging” wealth from NOVA to SWVA through Economic Development Business Development Workforce Development Develop hard hitting Customer Value Propositions Retain and Recast current initiatives in this context

31. Logic Flow Billions in federal Contracting $$$$ enter the Commonwealth via contractors in NOVA All have requirement to outsource ~ 20% to Small Business MOST of that leaves the Commonwealth Challenge: Incentivize an increasing percentage of those billions to remain in the Commonwealth Focus: SWVA Issue: Current workforce to support step change in outsourcing to SWVA not yet in place Approach: Incremental and focused Economic Development Business Development Workforce Development

32. Advocate for Economic Stimulus Provide a virtual clearing house for companies seeking a bridge to the economic powerhouse of NOVA Implement proven methods and metrics foundational to making the deal Preparation of Workforce for competitive bids DoD Security clearances Testing Workshops Community and Company benchmarking Conduct of effective B-to-B forums that focus on the “CommonWealth

33. Advocate for Economic Stimulus Provide a virtual clearing house for companies seeking a bridge to the economic powerhouse of NOVA Implement proven methods and metrics foundational to making the deal Conduct of effective B-to-B forums that focus on the “CommonWealth

34. Conduct of effective B-to-B forums that focus on the “CommonWealth

36. $8B $120M $40B

37. $40B $8B $120M $40B

38. A VEB-centric Model Gordon Miller

39. Gordon Miller

40. Gordon Miller

41. Agenda New Business – Strategic Discussion 2011 Goals Public Relations & Policy Development Legislative Discussion – The Honorable “Chap” Petersen * The Economic Development and Job Creation Commission * The Local Composite Index * The Importance of Job Creation and Retaining Jobs thru Existing Business Development Services * The "Green" Jobs Bill * The Electric Rate Issue * The Impact of the 2011 Redistricting and * The Impact of the Loss of Federal Funds in FY12

42. Future VEB Meeting Dates At Large “Meet & Greet” Luncheon – July 2010 (TBD) SWVA “Meet & Greet” Luncheon – August 2010 (TBD) 2010 Annual Fall BOD meeting – September 14, 2010 Lynchburg, VA NOVA “Meet & Greet” Luncheon – October 2010 (TBD) At Large “Meet & Greet” Luncheon – November 2010 (TBD) SWVA “Meet & Greet” Luncheon – December 2010 (TBD) NOVA “Meet & Greet” Luncheon – January 2011 (TBD) At Large “Meet & Greet” Luncheon – February 2011 (TBD) 2011 Annual Spring BOD meeting – March 2011 (SWVA TBD) NOVA “Meet & Greet” Luncheon – April 2011 (TBD) At Large “Meet & Greet” Luncheon – May 2011 (TBD) SWVA “Meet & Greet” Luncheon – June 2011 (TBD)

43. THANK YOU! for listening… Please feel free to contact me… Carl E. Mitchell, MS Phone 540.731.6800 Email: [email_address]