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The Newsletter |
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Greetings!
Welcome!
Don Krysakowski
Assistant Director  |
The summer heat has descended upon the Sacramento Valley and with it activity has been heating up here at the Center for Economic Development. We have been involved in a number of competitive proposals relating to entrepreneurship, economic development, and technical support services. In addition, we are gearing up for our annual set of county workshops discussing the economic and demographic changes occurring in Northern California. Be sure to watch our newsletter in future issues for the dates and locations of these workshop events.
This month, our Director, Dan Ripke has put together a thought piece on the state of our State's economic development issues and opportunities. Also, Michael Suplita provides us with a firsthand account of the Economic Gardening Conference that recently took place in Bellingham, Washington. Tying these two pieces together is the notion that we need to support and nurture the businesses that we have here in our region. We need to support these businesses to help them grow - and thereby help grow ourselves out of this economic recession.
Finally, I would be remiss if I didn't put in a plug for the annual University Economic Development Association (UEDA) Summit Conference. This year it will be held in Reno, Nevada, from November 7th through the 10th. This is a fabulous event showcasing the economic development activities of colleges and universities from around the country. If you are at all interested in how universities can impact a local economy, you might consider a trip to Reno in early November.
Best regards,
Don Krysakowski
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| Announcement: 2010-11 County Profile
Only sponsored profiles will be produced this year! It the profile is important to you, call us at (530) 898-4598 to find out how you can help get sponsorship for your county!
Sponsor benefits:
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Electronic profile, hosted on Sponsors Web site
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Sponsors logo and name on cover of profile
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Free advertising from CED on all profile promotions and events
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Customizability and review of profile available to Sponsor
Click for more details: 2010-11 County Economic and Demographic Profile Sponsorship Packet
Counties sponsored to date:
- Butte County
- El Dorado County
- Sonoma County
Call CED for more information!
Hurry! There is only one sponsorship opportunity per county.
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California: Investing in Economic Development ?
By: Dan Ripke
This month I had the pleasure of traveling to Michigan and visiting with the Michigan Economic Development Corporation, the Michigan Small Business Technology Development Corporation (SBTDC), and the Edward Lowe Foundation. The State of Michigan has several outstanding programs to meet the needs of emerging industries, all fully supported by the State of Michigan and aligned with the growth industries of the next 5 years. Moving into an election season, it will be interesting to observe the various initiatives California candidates promote as part of their campaigns to grow the California economy.
Dan Ripke
Director  | Investment in economic development is down throughout the State of California, and has been declining steadily for ten years. Economic development programs already stretched thin by previous budget cuts are struggling to keep their doors open. Compounding the problem is the fact that few ARRA Stimulus dollars have reached the budgets of economic development programs. Programs designed to support and grow California industries, already stretched prior to the economic downturn, have seen a tripling of demand for services with no increase in funding support. This compares to states around the nation making major investments to assist distressed industries and positioning themselves with programs to support emerging industries of the future. California's future competitiveness will be entirely dependent on the State's ability to reinvest in its economic development infrastructure. Earlier this year, the Governor's Office held a conference on Small Business and Entrepreneurship, highlighting the importance of small business to grow the California economy. Be on the lookout for a local Governor's Small Business Conference. The first such event is scheduled for August 5, 2010 at CSU, Monterey Bay, Seaside, California. For more information, go to: http://californiasbdc.org/smallbusinessconference/monterey
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2010 Economic Gardening Conference
By: Michael Suplita
On the morning of June 16th, my colleague, Marcy McCormick, and I flew to Bellingham, WA for the 8th Annual Economic Gardening Conference. Economic Gardening is a term coined by "The Godfather" of Economic Gardening from Littleton, Colorado, Chris Gibbons and refers to actions undertaken by economic development entities to encourage small business growth in their communities. These actions include assistance with research, business advising, market mapping, financial analysis, and other services aimed at promoting small business expansion. Economic Gardening is often referred to as the un-sexy side of economic development because the growth that is spurred is not quick and does not show immediate benefit to the community like business attraction would. However, it has been proven that Economic Gardening supports significant and sustained economic growth, long after the shine of a relocated business is gone.
Michael Suplita
Project Specialist  | The first leg of our journey led to a short layover in Seattle where some confusion on the part of the airline left us a little heated. After walking from one end of the airport to the other three times due to terminal changes, the airline even brought the wrong plane into pick us up and had to swap it out. The gloomy weather in Seattle was also quite disheartening, but we were greeted by plenty of sunshine once we arrived in Bellingham. After getting settled in to our hotel, we were shuttled to a catered dinner on the beautiful Bellingham Bay. We met a lot of the conference attendees before and during dinner, including many from all over the United States, Canada and Japan. Dinner was followed by a chilly cruise on the bay.
Day one of the conference was enlightening. Economic Development professionals serving a variety of geographic regions illustrated their Economic Gardening models and tools, and told anecdotes for all of the attendees. Our office already uses many of the tools that were presented at the conference, including, ESRI's Business Analyst, Arc Map, Dunn and Bradstreet, and Hill Search. However we were introduced to two industry market research companies, Ad-ology and BizMiner. Tom Dorr, the director at the Center for Economic Vitality (CEV), our host organization, and his staff did an excellent job of keeping things running smoothly. In fact, we have since been working with Meg Greenfield at the CEV to implement some of their strategies into our Economic Gardening program, known as "Market Intelligence for Small Business." One thing the CEV does well that we hope to replicate is effectively identifying clients who can utilize the Economic Gardening services to their full potential and use the information provided to help them expand, increasing both employment size and sales. This allows the CEV to allocate more resources targeting businesses that have a higher growth potential. In addition, the CEV and many other represented organizations at the conference supply two to three page mini-reports to their clients, allowing them to better explain the information they are sharing. Currently, we just present numbers and perhaps a few explanatory sentences. I often worry that when just numbers or maps are presented to a client, especially a client with limited business experience, the information becomes a "data dump" of sorts and is underutilized. This is definitely one thing from the conference that we hope to utilize to help our clients, as long as there is funding to allow for the extra time it would take to write a personalized report.
It seemed that the CEV saved the best speakers for last, as the second day of the conference was filled with insight and even boasted some of the more humorous speakers, including Maury Forman from the Washington State Department of Commerce and James McCafferty of the CEV. The major point I took from the second day of the conference was that time is a crucial part of business assistance and community development. It helped me realize that taking extra time with a client could mean the difference between truly helping and missing something important.
Another important idea that made the return trip from the conference was borrowed from the Florida State EDC. One thing the state of Florida is doing is putting on vendor sponsored meet and greets/banquets for stage-two businesses owners (businesses with between ten and ninety-nine employees). We plan to survey past clients and see if a meet and greet such as this might be helpful for them to make connections for business to business advertising.
The return trip was even more chaotic than the jaunt north. Upon arrival at the Bellingham International Airport we were informed that our plane was delayed approximately an hour. We had purchased direct flight tickets to Sacramento with a stop to take on more passengers in Seattle. Upon boarding the plane we were told that we would no longer be stopping in Seattle, we would actually be making the airline's maiden voyage to Portland. Note to self: no more maiden voyages on anything, boats, cars, and especially planes. Something always seems to go wrong. After a three hour delay in Portland and a plane change we were finally on our way home. After the debacle it was nice of the airline to give me a complimentary glass of red wine on the flight home. Unfortunately we hit turbulence and I spilled it all over my white Dockers. At that point I wanted nothing more than to be home asleep in my own bed, which I finally was allowed to do sometime around midnight, much to my dad's amusement (note the sarcasm as he had to pick me up from the airport four and a half hours later than planned). However the nightmare homeward bound trip was overshadowed by Bellingham's beauty and the learning experience the conference provided.
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| FREE County Profiles!
Thank You!
CED wants to thank our 2009-10 County Profile Sponsors for allowing the public to access the County Profiles FREE of cost. Your support is greatly appreciated.
Click a county sponsor below to download the free County Profile.
SPONSORS:
Sonoma County:
The Economic Development Board of Sonoma County
Butte County:
The Oroville City Enterprise Zone
Thank you for your contribution to sponsoring the County Profiles:
Northern Rural Training Employment Consortium (NoRTEC)
For more information about how you can sponsor a County Profile
call CED at (530) 898-4598.
www.cedcal.com.
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2009-10 Economic and Demographic County Profile
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for information and to purchase your County Profile.
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2010-11 Economic and Demographic County Profile
Under Construction Now!
Sponsor a County Profiile!
Click here for more information. (530) 898-4598 |
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Upcoming Events
2010 Del Norte County Economic and Demographic Workshop
Wednesday, August 11, 2010
9:30 am - 12 pm
Cresent City - Lighthouse Inn
2010 Humboldt County Economic and Demographic Workshop
Thursday, August 12, 2010
9:30 am - 12 pm
Eureka - Red Lion Hotel
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