The document discusses the I-69 International Trade Corridor Next Michigan Development Corporation (NMDC), which promotes economic development along the I-69 corridor spanning four counties in Michigan. The NMDC provides tax incentives to multi-modal businesses located in participating municipalities. It has helped attract investments from companies like Pinnacle Foods and aims to foster collaboration across the region to support trade, transportation, and job growth.
Discussion led by Vimaljit Kaur, Consultant at MCRB, at a “Multi-Stakeholder Workshop on Community Engagement in the Extractive Industries” in Yangon on 27/28 January 2015, convened by the Myanmar Centre for Responsible Business (MCRB) to discuss international best practice in strategic community investment and engagement, including how to handle grievances.
Leveraging Opportunity Zones to Support Regional Economic Developmentnado-web
During the 2019 NADO Annual Training Conference (October 19 - 22 in Reno, NV), Scott Dadson shared information creating investable communities and how to take advantage of the Opportunity Zone Program.
Investing in Livelihood and Enterprise DevelopmentEthical Sector
Presentation by Philipp Essl at a “Multi-Stakeholder Workshop on Community Engagement in the Extractive Industries” in Yangon on 27/28 January 2015, convened by the Myanmar Centre for Responsible Business (MCRB) to discuss international best practice in strategic community investment and engagement, including how to handle grievances.
Discussion led by Vimaljit Kaur, Consultant at MCRB, at a “Multi-Stakeholder Workshop on Community Engagement in the Extractive Industries” in Yangon on 27/28 January 2015, convened by the Myanmar Centre for Responsible Business (MCRB) to discuss international best practice in strategic community investment and engagement, including how to handle grievances.
Leveraging Opportunity Zones to Support Regional Economic Developmentnado-web
During the 2019 NADO Annual Training Conference (October 19 - 22 in Reno, NV), Scott Dadson shared information creating investable communities and how to take advantage of the Opportunity Zone Program.
Investing in Livelihood and Enterprise DevelopmentEthical Sector
Presentation by Philipp Essl at a “Multi-Stakeholder Workshop on Community Engagement in the Extractive Industries” in Yangon on 27/28 January 2015, convened by the Myanmar Centre for Responsible Business (MCRB) to discuss international best practice in strategic community investment and engagement, including how to handle grievances.
Scale Up Milwaukee is an action project focused on developing the entrepreneurial capacity in Milwaukee by bringing together the policies, structures, programs and climate that foster entrepreneurship.
Scale Up Milwaukee is based on a model developed by Daniel Isenberg, founding executive director of the Babson Entrepreneurship Ecosystem Projects. Isenberg has worked with entrepreneurship ecosystems abroad, including in Colombia, Brazil and Denmark, fostering policies, structures and cultures that stimulate long-term economic growth, development and prosperity through programs and workshops.
Milwaukee is the first community in the U.S. to develop an entrepreneurship program based on this model. The initiative is also backed by Governor Scott Walker and Mayor Tom Barrett as part of a bipartisan effort to grow the economy by stimulating high-growth ventures and encouraging job creation.
The long-term strategy for Scale Up Milwaukee is to create an integrated effort to simultaneously impact six domains of the entrepreneurial ecosystem in Milwaukee: Culture, Policy and Leadership, Finance, Human Capital, Markets, and Supports.
This is the second session in the Community Matters webinar series. It features experts from the Casey and Calvert foundation discussing innovative ways organizations and individuals can invest in the transformation of a community.
Wells Fargo Regional Foundation webinar with Bruze KatzPolicyMap
Opportunity Zones have revealed that wealth, in many respects, is hidden in plain sight. It often sits in local entities — family offices, local philanthropies, well-endowed universities, pension funds — that have chosen to export their investable capital outside their communities via large institutional investors. It also sits in public or private sector entities with large but fragmented asset holdings that are rarely deployed for maximum impact and public benefit. Designing institutions and mechanisms that can keep local capital local could be an intriguing byproduct of Opportunity Zones.
Most Opportunity Zones are characterized by high poverty, low business demand, long term disinvestment and severe, structural gaps across racial and ethnic lines around education, skills and wealth. What many cities and Opportunity Zones need is an intensified, bottom-up focus on wealth building through home-ownership, entrepreneurship and skills building, through new local institutions, cooperative structures, resident driven neighborhood revitalization plans and self-generating financial mechanisms.
After a successful trip down under, Geraldine Cahill from SiG@MaRS and Ethel Cote from Canadian Centre for Community Renewal report back to an audience at the MaRS Discovery District.
The Netherlands is facing public sector cuts in a similar way to the Uk has already experienced. This presentation was given to a public sector conference in Utrecht focused on \’new financial mechanisms\’ and illustrating innovative models from the UK
Catalyzing Financial Services for Enterprising Nonprofits . A report of the CIBC Presents Entrepreneurship 101 Lived-it-Lecture featuring Jed Emerson held December 2, 2009, at MaRS.
A presentation I did for a family foundation interested in adding impact investing to its strategies. Some content created in cooperation with the Impact Finance Center.
The Road to Renaissance initiative was the first comprehensive strategy developed to accelerate economic growth for the entire Detroit region.
The initiative was launched in 2006 by Business Leaders for Michigan (formerly Detroit Renaissance) and was based on extensive research and community input, including:
– Benchmarking 6 national & global regions
– Analyzing the region’s workforce & business strengths
– Reviewing 15 previous regional studies
– Obtaining input from 650 leaders/500 organizations
Final recommendations were released in 2007 with work continuing through 2011 and beyond. This is the final summary of our results.
The Genesee Regional Chamber of Commerce is pleased to introduce this Strategic Plan. Input has been obtained regarding the plan and its components from a broad cross section of community leaders in the public, private and nonprofit sectors. This plan highlights activity critical to the realization of strategies in the community’s Comprehensive Economic Development Strategy (CEDS), developed with the input of the Regional Chamber and its members in 2009-2010.
JCEDC Semi Annual Program of Work Status 7_9_12Tracy Brantner
JCEDC is the economic development agency that serves all of Johnson County, Missouri, and the communities of Warrensburg, Kingsville, Holden, Chilhowee, Knob Noster, Centerview and Leeton. This is JCEDC Semi-Annual Status report presented to the Mayor and City Council of Warrensburg, Missouri, on July 9, 2012.
Ron Walker, president of the Bloomington Economic Development Corporation, gave a presentation on economic development for the 2012 Inter-City Visit to Bloomington, IN.
Staying Competitive in Economic DevelopmentMBEDC, LLC
The challenge of keeping communities competitive is changing because of the nature of the economic recovery. This presentation to the Inland Northwest Partners provides some practical approaches to growing your town.
Scale Up Milwaukee is an action project focused on developing the entrepreneurial capacity in Milwaukee by bringing together the policies, structures, programs and climate that foster entrepreneurship.
Scale Up Milwaukee is based on a model developed by Daniel Isenberg, founding executive director of the Babson Entrepreneurship Ecosystem Projects. Isenberg has worked with entrepreneurship ecosystems abroad, including in Colombia, Brazil and Denmark, fostering policies, structures and cultures that stimulate long-term economic growth, development and prosperity through programs and workshops.
Milwaukee is the first community in the U.S. to develop an entrepreneurship program based on this model. The initiative is also backed by Governor Scott Walker and Mayor Tom Barrett as part of a bipartisan effort to grow the economy by stimulating high-growth ventures and encouraging job creation.
The long-term strategy for Scale Up Milwaukee is to create an integrated effort to simultaneously impact six domains of the entrepreneurial ecosystem in Milwaukee: Culture, Policy and Leadership, Finance, Human Capital, Markets, and Supports.
This is the second session in the Community Matters webinar series. It features experts from the Casey and Calvert foundation discussing innovative ways organizations and individuals can invest in the transformation of a community.
Wells Fargo Regional Foundation webinar with Bruze KatzPolicyMap
Opportunity Zones have revealed that wealth, in many respects, is hidden in plain sight. It often sits in local entities — family offices, local philanthropies, well-endowed universities, pension funds — that have chosen to export their investable capital outside their communities via large institutional investors. It also sits in public or private sector entities with large but fragmented asset holdings that are rarely deployed for maximum impact and public benefit. Designing institutions and mechanisms that can keep local capital local could be an intriguing byproduct of Opportunity Zones.
Most Opportunity Zones are characterized by high poverty, low business demand, long term disinvestment and severe, structural gaps across racial and ethnic lines around education, skills and wealth. What many cities and Opportunity Zones need is an intensified, bottom-up focus on wealth building through home-ownership, entrepreneurship and skills building, through new local institutions, cooperative structures, resident driven neighborhood revitalization plans and self-generating financial mechanisms.
After a successful trip down under, Geraldine Cahill from SiG@MaRS and Ethel Cote from Canadian Centre for Community Renewal report back to an audience at the MaRS Discovery District.
The Netherlands is facing public sector cuts in a similar way to the Uk has already experienced. This presentation was given to a public sector conference in Utrecht focused on \’new financial mechanisms\’ and illustrating innovative models from the UK
Catalyzing Financial Services for Enterprising Nonprofits . A report of the CIBC Presents Entrepreneurship 101 Lived-it-Lecture featuring Jed Emerson held December 2, 2009, at MaRS.
A presentation I did for a family foundation interested in adding impact investing to its strategies. Some content created in cooperation with the Impact Finance Center.
The Road to Renaissance initiative was the first comprehensive strategy developed to accelerate economic growth for the entire Detroit region.
The initiative was launched in 2006 by Business Leaders for Michigan (formerly Detroit Renaissance) and was based on extensive research and community input, including:
– Benchmarking 6 national & global regions
– Analyzing the region’s workforce & business strengths
– Reviewing 15 previous regional studies
– Obtaining input from 650 leaders/500 organizations
Final recommendations were released in 2007 with work continuing through 2011 and beyond. This is the final summary of our results.
The Genesee Regional Chamber of Commerce is pleased to introduce this Strategic Plan. Input has been obtained regarding the plan and its components from a broad cross section of community leaders in the public, private and nonprofit sectors. This plan highlights activity critical to the realization of strategies in the community’s Comprehensive Economic Development Strategy (CEDS), developed with the input of the Regional Chamber and its members in 2009-2010.
JCEDC Semi Annual Program of Work Status 7_9_12Tracy Brantner
JCEDC is the economic development agency that serves all of Johnson County, Missouri, and the communities of Warrensburg, Kingsville, Holden, Chilhowee, Knob Noster, Centerview and Leeton. This is JCEDC Semi-Annual Status report presented to the Mayor and City Council of Warrensburg, Missouri, on July 9, 2012.
Ron Walker, president of the Bloomington Economic Development Corporation, gave a presentation on economic development for the 2012 Inter-City Visit to Bloomington, IN.
Staying Competitive in Economic DevelopmentMBEDC, LLC
The challenge of keeping communities competitive is changing because of the nature of the economic recovery. This presentation to the Inland Northwest Partners provides some practical approaches to growing your town.
Atlas 7 Keys to High Performance Economic DevelopmentAtlas Integrated
Atlas Advertising CEO Ben Wright and Manager of Strategic Accounts Guillermo Mazier are joined by Janet Miller, from the Nashville Area Chamber of Commerce, Sara Dunnigan of the Greater Richmond Partnership, and Clint Kolby of the Brenham Economic Development Foundation to discuss 7 Keys to High Performance Economic Development.
Moving to the Mainstream - Alternative Financing for MSMEs & Policy ImplicationsJohn Owens
This presentation was provided during the session entitled "Moving Into the Mainstream – Showcase of Alternative Funding Mechanisms for SMMEs " at the ABAC Malaysia - SME Finance Forum
Workshop on Innovative Financing for SMMEs at the
InterContinental Kuala Lumpur, Malaysia on May 21, 2015
REDI is a public-private partnership engaging stakeholders in a collaborative effort to create jobs. It focuses on Silicon Valley’s most promising economic opportunities. REDI is led by the San Jose Silicon Valley Chamber of Commerce in cooperation with the City of San Jose, Santa Clara County and supported by the regional business community.
Presentation by Vincent Tophoff, IFAC Senior Technical Manager at the INTOSAI Subcommittee on Internal Control Standards Annual Meeting, May 27-28, 2014
UNH Cooperative Extension launched its inaugural Economic Development Academy (EDA) in 2014 at UNH Manchester. Last year's participants included economic development practitioners, county managers, and economic development organization/agency staff. This presentation was given by Jim Damicis of Camoin Associates on trends in economic development.
National Enterprise Network welcomed visitors to their annual conference held in a vibrant and lively hotel overlooking Manchester’s vivacious city centre on Wednesday 19th September 2012
The annual conference is an event that brings people together for mutual support, education and inspiration. This year’s conference was exceptionally important to National Enterprise Network because it also celebrated 20 years of the company’s dedication in representing members and supporting the development of enterprise.
Moving in the Right Direction: The Latest Trends in CEDS Planningnado-web
During the 2019 NADO Annual Training Conference (October 19 - 22 in Reno, NV), Mike Manis shares information on creating and delivering interactive CEDS.
Similar to I 69 international trade corridor nmdc overview pdf (20)
Moving in the Right Direction: The Latest Trends in CEDS Planning
I 69 international trade corridor nmdc overview pdf
1. I-69 International Trade Corridor
Discover the Business Advantage
IEDC Leadership Summit – Orlando, FL
January 28, 2013
By
Paul J. Brake, CEcD
City Manager, City of Grand Blanc
Justin Horvath, CEcD
President/CEO, Shiawassee Economic Development Partnership
1
2. Introduction
• 2010 Michigan legislation allows for up to five
Next Michigan Development Corporations
• Participants must be local municipal and
county – parties to an Interlocal Agreement
• Next Michigan Boards are authorized to grant
project-based tax incentives to multi-modal
businesses
3. Our Next Michigan Board
• Largest in Michigan with 35 municipal and
county partners
– Shiawassee, Genesee, Lapeer & St. Clair Counties
4. About the Corridor
• Our region services as a gateway
between the Midwest US and Ontario, Canada
6. Our Next Michigan Board
• The NMDC is an independent self-governing
entity, managed by a board with
representatives from participating
municipalities.
– Revenues sources from member municipalities
– Receives administrative support from Genesee
Regional Chamber of Commerce and Prima Civitas
Foundation
6
7. Advantages of Next Michigan
• Important new component of regional
economic development efforts
– Supports business – existing and new
– Multi-modal focus encourages trade and transport
– Unique incentives for qualified projects
– Municipal collaboration across the region
7
8. Supporting Investment & Jobs
• Projects can be considered for Next Michigan
support if…
– Location is within participating municipality
– Firm uses multiple modes of freight transportation
– Project is growth, not in-state relocation
• Businesses can access information through four
county-wide economic development agencies
8
9. Supporting Investment & Jobs
• Next Michigan Development Corp incentives
– 50% tax abatement on new real & personal property
– 100% tax abatement on new personal property
– Formation of tax-free Renaissance Zones is expected
to be completed mid-2013
9
10. Steps to Success
• Form Renaissance Zone Districts
─ Identify & evaluate potential sites
─ NMDC selects sites based on advice of Economic
Developers and MEDC
─ NMDC submits sites to Michigan Strategic Fund for
approval
10
11. Why become a Qualified Eligible
Next Michigan Business
⁻ Certified as an eligible business gains opportunity for
Renaissance Zone Tax Abatements
⁻ An Eligible Next Michigan Business is multimodal
⁻ Within a renaissance zone, a business may apply to
NMDC for certification as a Qualified Eligible Next
Michigan Business
11
12. What we have learned from the
collaborative partnership
• The Corridor shares a common vision and mission of
promoting economic prosperity
⁻ Target regional strategy on the existing and
competitive advantages
⁻ Implementation framework that is result oriented,
focused on aligning and leveraging resources
12
13. What we have learned from the
collaborative partnership
• Engage stakeholders on a broader scale
- Forum to educate about partnerships underway
- Encourage partnerships among sectors in the
corridor
- Groups show willingness to collaborate across
county lines
13
14. What we have learned from the
collaborative partnership
• Maximize Resources to Communicate a Message
⁻ Leverage funds through other NMDCs
⁻ Explore joint advertising opportunities through
national media outlets
⁻ Work in coordination with Michigan Economic
Development Corp
14
15. What we have learned from the
collaborative partnership
• Overcame longstanding barriers that existed
previously because of political boundaries
and/or silo mentalities
- The corridor has built trust amongst a diverse
membership
- Intercommunication is key
- Organizational structure promotes equal
representation & leadership
15
16. Project News
• Pinnacle Foods expansion in Imlay City
– 29 new jobs; 249 existing + 300 seasonal
– Facility and equipment expansion
- $14.3 million investment
⁻ Retention of legacy business
16
17. Project News
• Pinnacle Foods expansion in Imlay City
– Next Michigan tax abatement support
• 100% tax abatement on new personal property
• Additional support from Imlay City and MEDC
– Local, regional and state impact
• Jobs, services, and raw materials
17
19. Conclusion
• Next Michigan Development Corp benefits
– Showcases regional collaboration
– Highlights region’s assets and business advantages
– Delivers unique incentive options in participating
municipalities
– Focus on businesses in trade and transport sectors
– Supports new investment and jobs
19
20. Contact Us
Paul J. Brake
citymanager@citygrandblanc.com
(810) 694-1118
Justin Horvath
jhorvath@sedpweb.org
(989) 725-9241
20