Quarterly Update - Pasco Economic Development Council - No Funding Required

24:28105? Okay. R one oh five? Sure.

24:39Good morning everyone. Happy Tuesday. It's Bill Croner with the Pasco ADC. Uh it's my pleasure to present to you our quarterly report for Q3 as required through our memorandum of understanding as well as with our Penny for Pasco agreement. Do I need the clicker? You're gonna click for me?

25:00We got some other stacking.

25:01Okay. All right. Um first of all let me say also I am I'm also an Eagle Scout. If that young man would have stuck around, I would have told him that it's the only certificate that I keep on my wall as far as degrees and diplomas. Uh that is probably one of the best honors that that's out there. So I hope he stays in Pasco County. Um so starting out with the the good stuff, business recruitment. Uh we are still in business. A lot of people uh have slowed down on the decision making process,

25:31but our pipeline continues uh to remain full. Uh we've had three big successes this year, which have helped us a lot in terms of our job creation, our capital investment, uh, but still need to get some more numbers in there. We've got probably uh close to half a dozen that are between. uh final agreement and announcing uh before the end of the year. But again, most of our our leads are still coming in advanced manufacturing, manufacturing, high tech, IT. These are exactly the kind

26:01of jobs that we're we're seeking here in the area. If you could advance to the next slide. Uh and that's the the projects that I mentioned. If you look, uh we're almost uh three quarters of our goal, over three quarters of our goal on capital investment and almost three quarters of our goal on jobs. Um but we do need some more projects in there no matter what the size. Go ahead.

26:24As far as business retention expansion, and that's taking care of our existing business and getting out in business in companies, even amidst COVID, we're still making regular calls out and meeting our companies, understanding what the obstacles are beyond just considerations like COVID, but also workforce development and financing as well. A total of 51 company visits year to date, our goal is 80. So we're trending well. Uh workforce connections, uh we've got a uh twelve that happened this quarter picking

26:55back up from peep previous quarters. If you could go ahead, next slide.

27:01Uh attendance uh of conferences, yes there are conferences going on. Some are virtual, some are hybrid, and some are in person uh as well as events. We had nine events that we attended this last quarter and we made three in-person presentations to to groups. Go ahead.

27:19Earned media value. Um yeah, we can't put this in the bank and and pay anybody with this money. Uh but for those of you that had a background in advertising and marketing, um that is the the dollar amount of what our our value is worth in media and the impact that we're making and people pay good money to get that type of media value. Go ahead.

27:44Uh we can keep going through through some of the web analytics. I don't want it to be boring, as Mr. Commissioner Moore said. I wasn't referring to you. Okay. People are hitting our page and they're staying on our page. If you if you look at the impressions that we're getting just in uh Q3, 66,000 impressions. Um that's really good at people getting out, finding the information. information and we're directing them from there into our web pages. Go ahead.

28:14Even better news on the private sector, new investors. So we have 85 total investors right now. Our goal for our fundraising is 489,000. We're at 436,000. We do get a lot of renewals in September at the end of the year, so this is looking really good. 35 board and policy council members, we're almost at our Limit in terms of uh per our bylaws. I think most importantly uh we've got some new investors in

28:44there. And if you go to the next side, you'll see that three uh are policy council members. So uh we have we've got a total, I think, of eight policy council members now that are all coming in at that $25,000 or more and working on our legislative agenda. Go ahead to the next. Next slide. So we've got one new board, three new policy council members. The policy council members include Moffat Cancer Center, Phillips and Jordan, and also Santander Bank,

29:15which is one of our newest announcements from this year. Pasco EDC's hosted several in-person and hybrid events during this last quarter. Team up our annual awards. First time we've ever done anything with tourism before, and that was at Advent Health Center ICE. CEO dinner with a Shark with Kevin Harrington and Grove Pasco had an all-day event at the Hyatt, and there'll be more about that in the Penny for Pasco results. We're visiting right now with some

29:45of our peer communities, City of Orlando, talking about smart growth strategies as we we talk about land and what types of consideration that we make. especially with regards to the types of companies we bring in. Pasco EDC is sponsoring the SEDC annual conference, which starts this weekend at the JW Marriott downtown. We'll have economic developers from 17 southern states. Here in the region. We'll keep them away from all

30:15of our companies and make sure they don't try to poach any of them and take them back to their states. But we get to show off a little bit while they're here. And we're working with a consultant to review Tampa Bay Partnership's role in some of the changes that they've made in their organization. Go ahead. And then upcoming events, um legislative reception. I'm sorry that just two days ago uh over the weekend that is being postponed. We'll get you a new date. We want to make sure the members of

30:45our delegation are available. And again, that's to thank them for a wonderful uh session this last year up in Tallahassee. Netfest, September 23rd. Uh you might recall we used to do Netfest in the spring. And the awards in the fall. Netfest will be in the fall this year. It's gonna be a little different theme instead of our cowboy theme event. It is Back to the Future. And it will be at the Edison Building, right at Suncoast, at uh Suncoast in 54, up on the third floor. Great view

31:15of a lot of the things that are going on in the central part of the county. Uh also meet the members October 26th. So you know we've got Meet the Projects where we bring in new projects. Now we're actually introducing our projects to our members and our companies. One of the aspects of that is that we'll be able to get our small businesses and our incubator to meet with our existing companies here with a true B2B connection. So I believe that is it on the MOU. If you don't have any questions on that, I'll go ahead to the Penny for Pasco.

31:46Yeah. And there is Kevin Harrington to the right and our own Dan Mitchell on the left, uh Director of Smart Start. Uh Kevin Harrington, one of the original um founders of Shark Tank, uh, was here this last quarter for a special dinner and for Grow Pasco to talk to our entrepreneurs. Uh go ahead, next slide. And in the interest of time, I'm going to go through the highlight summaries and then I'll go to the last slide afterwards just to show you where we're at on our on our

32:16barometer. Ready sites, we now have seven sites over 2,000 acres. And one of them, our Eagle Industrial Park, is under contract. So that is one of the announcements that I anticipate having for you in the next couple weeks. Uh that is up on on 52. Uh we're getting a lot more proposals from industry sectors, electric plane manufacturers, aircraft parts, plastics, fuel manufacturers, warehouse distribution. Uh still

32:46seeing a lot of really good activity for all of the different target industry sectors. International, uh April 22nd, we had uh four. Valley Chamber of Commerce in Scotland. We had an event where we exchanged in the life sciences industry with our Tampa partners in the region, and that's for our life sciences companies. May 27th, we had a regional trade update called Here Today, Trade Tomorrow, and that was a Pasco ADC event that was held in person. And Global

33:16Tampa Bay and Pasco ADC. Participate in Select USA Investment Summit back in June. Our enhanced marketing, again, that's any marketing over and above what we already do for the county. This would be to market those penny programs. We're starting a series of videos about SmartStart to get more of our entrepreneurs aware of the programs that are out there. We just finished a few video series that you'll start to see released. And it's award season as well too for all of our uh economic

33:47development organizations. You might recall last year we got three international awards. Uh I'm hopeful that some of these will be awards and we'll find out uh within the next month or so. Go ahead to the next slide. Workforce Connect. So we're continuing to see more and more and more emphasis on talent, especially since people can work from home and they can work anywhere now. So it's really important that we take care of our existing workforce here. And businesses now are asking: where is that pipeline? Where is my existing

34:17customers? We're getting a number of inquiries through the Workforce Connect program and also. Understanding you know driving patterns where they're at and working together with the other workforce training providers. CEO program is new, so we had a CEO round table. We have a new executive program that's going to be rolled out October 1. It's also going to include all the new companies that move here. So you've seen a lot of announcements in the last five years, and a lot of those companies don't get Involved

34:47right away. This is a way for them to learn about the community, kind of like a leadership PASCO or leadership Tampa Bay, but more about what we do at the economic development level and get them engaged into our program. So that's something new. You'll see that class coming through in October, and it'll be those companies that just moved here to try to get them more civically engaged. And Smart Start, we launched the Santander Business Growth Scholarship Fund, which

35:17is focused on women and minority-owned businesses. We've got eight businesses that have already been awarded grants, and this is for working in the entrepreneurship area. Smart Start video continues to be filmed. that in the marketing and Bro Pasco event had over 70 attendees and that was the event that was all day at the high up. Okay, and if we could advance uh unless you have questions, we're gonna advance to the last slide, which I believe is

35:47a barometer or a uh dashboard that shows where we're at with all of our our programs.

36:00And the rest of this is in your packet. Okay. Overall progress. Uh you can see on ready sites, uh we're over halfway there uh for this year. For international programs, believe it or not, over sixty five percent considering people aren't training uh are traveling right now. CEO program getting ready to roll out and Workforce Connect and Smart Start are all trending right around 75%, averaging 68% total for the Penny for Pasco programs, and

36:31we're about 68-75% through the year, so we're trending well. So I'm gonna stop there and ask if anyone has any any questions, and if not, we'll let you get back.

36:46Mr. Chairman, great job. We appreciate your efforts, especially during um this past year, um, who I know it wasn't easy on everybody. Your presentations are exciting. I was reminding the student that he did not want to see all of our other things for the day. You're so funny. It's so funny. I didn't even know you guys are presenting to be honest with

37:07you.

37:07That's on the record too, Besk. It is on the record. Yes, you guys are great, you're wonderful, we love you. But no, in all seriousness, thanks for everything you guys are doing, your entire team. Thanks for showing your efforts and it's great to see um a lot of things in the pipeline and and again, goal is right, more jobs in Pasco, so people aren't going to Hillsborough and Penellas. That is the objective. Let's keep our sites too that we can continue to use for economic development. It's much needed.

37:33Mr. Mariano. Thank you. Bill, you're doing a phenomenal job. It's great to see all the things you're moving forward. Uh tremendous work. And I'm I'm really impressed that you're uh that you with the Commissioner Weightman's help, etc. to join with tourism to do the uh event that you had done. Yeah. Uh I know with Dr. Kirk and Mr. Dempsey they were greatly affected, touched, and the whole community I think came together.

37:57Great work for this committee was was great great recognition. So appreciate all your great work.

38:01Thank you, Commissioner.

38:03All right.

38:05Thank you for everything that you do and I was actually able to go scalloping with them and I've got loving scallops so that was pretty interesting to see. But it's very important that we have this bond and bring the jobs to Pasco County. Thank you.

38:18Thank you. Wow it was All I can say is it's awesome what job you do for us here in the county and uh your team, your your staff members. I want to thank each and every one of them for the work they do for us. So

38:32we'll make sure that they all

38:34We certainly appreciate everything.

38:36Thank you.

38:36Thank you all

38:36again. All right. Happy Tuesday.