Rise Up Professional Development Series hosted by the ADP Tuesday, June 28th 4pm USM Trent Lott Center.
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Alumni Tailgate
Troy State Football Game
Saturday, September 17, 2016
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Mark your calendars for True South 2016 September 19-22 at USM's Trent Lott Center in Hattiesburg
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Registration is Open for the True South Basic Economic Development Course
The 2016 IEDC accredited True South Basic Economic Development Course is scheduled for September 19 through 22, 2016 at the University of Southern Mississippi's Trent Lott National Center in Hattiesburg. This introductory course will expose participants to the fundamentals and practice of creating jobs, increasing wealth, improving the tax base, and enhancing a community's quality-of-life. This course is the first step in pursuing professional economic development certification. The course will feature keynote address from Keith Gendreau, Consulting Manager within Cushman & Wakefield's Global Business Consulting unit
True South Basic Economic Development Course targets working professionals interested in economic development fundamentals and graduate students pursuing a Master of Science in Economic Development. It is IEDC accredited and covers topics such as Managing an Economic Development Organization, Ethics in Economic Development, Business Retention and Expansion, Workforce Development, Entrepreneurial and Small Business Development, Marketing and Attraction, Strategic Planning, and Economic Development Finance.
Registration is open now, and can register here (input registration link if there is one). For more info, contact 601.226.5507
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Staff and MSED students represented USM at the conference
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MSED Students Required to Pass a Rigorous Comprehensive Exam
In order to complete the MSED programs, students must pass a challenging comprehensive exam after they complete the classroom portion of the program. The students have 10 hours to answer 11 questions from a pool of questions based the program classes. Ten answers come from these topic areas 1) Marketing and Business Development 2) Economic Development Theory & Research Methods 3) Entrepreneurship and Technology-Based Economic Development 4) Community Development, 5) Economic Development Finance, and 6) Management and Ethics. They also have an integrative question where they are asked to present at least 5 specific economic development strategies with output and outcome performance metrics (e.g., number of site consultants contacted and number of new jobs created) that they would employ if you were the economic developer in community for which data is provided. Some examples of questions from past exams include:
- Develop a 10 year cash flow statement for a sample industrial facility. Calculate resale value at year 10, NPV, IRR, and partition the IRR for the developer.
- Explain cluster analysis and how it can be used for target marketing. Include specific examples.
- Discuss the various state, local, and federal programs and resources available to help small businesses in Mississippi. What policies would you recommend to the Governor to improve the technology-based business development system in Mississippi?
- Discuss why community development is important for industrial attraction and how it relates to successfully responding to Site Location Consultants RFIs. Include examples of how community development supported recruitment efforts
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MEDC Delivered Excellent Agenda with Consultant Connect (C2)
MEDC, in collaboration with Consultant Connect (C2) delivered an outstanding agenda at the 2016 MEDC Summer Conference. Site selection consultant, Tim Terrentine (Consultant Connect) moderated the opening panel discussion with an expert group of panelists: Amy Gerber (Jones Lang LaSalle), Derith Jarvis (Mohr Partners), Betty McIntosh (Cushman & Wakefield), and Rejeev Thakur (Newmark Grubb Knight Frank). The consultants offered insights and recommendations for ensuring Mississippi's competitiveness in job and business growth by addressing workforce needs, effective regionalism, comprehensive marketing strategies, and trends in economic development. Chamber of Commerce professionals participated in leadership development lead by Jason Ebey (YGM Total Resource Campaigns) addressing why business members become sponsors of chambers; trends in chambers of commerce; total resource campaigns for fund-raising; and engaging volunteers through relationship building.
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Workforce Update: Moon Concludes Role as SWIB Chair
Jay Moon, President and CEO of the Mississippi Manufacturer's Association, announced he will be stepping down as Chairman of the State Workforce Investment Board (SWIB) for Mississippi after reflecting on the progress made since Governor Phil Bryant appointed him in 2014. Moon thanked the SWIB for their leadership and cited advancements underway in prioritizing career awareness, tackling high school dropout rates, improving workforce participation rates, and closing the skill gaps between employer needs and adults seeking employment. SWIB Executive Director, James Williams, received a commendation from the board for leading Mississippi as the first state to submit a strategic plan to the U.S. Department of Labor under the new federal Workforce Innovation and Opportunities Act. The timely submission of Mississippi's Strategic Workforce Plan represented the spirit of cooperation among Mississippi's public-private partnerships.
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