Quarterly Update - Pasco Economic Development Council
What the county recorded
Staff recommendation
Presentation Only
No disposition in the minutes
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The source document
The county’s agenda for Board of County Commissioners, Jan 12, 2021
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The county’s minutes for Board of County Commissioners, Jan 12, 2021
The published PDF, as served by the county. This item is one entry in it.
This case, across meetings
BCCA-21-0103 in full →Heard once. BCCA-21-0103 appears on no other agenda in the archive.
- Jan 12, 2021BoardR74▶No disposition in the minutesthis item
What was said
Machine transcription of 10m of recording, with speaker names inferred from voice matching. 97% of 34 lines carry a name. It shows what was said, not what was decided, and both the words and the names can be wrong.
Okay. This time we'll do R seventy-four.
All right, Dave.
Morning, Mr. Chairman Members of the Board. My name is Mike Bishop with the Pasco EDC. I'm here to give our quarter one Pasco EDC update.
Start with the presentation here. So we're gonna start with the M O U presentation. And the first slide Yeah.
Get over there.
Oh you're going on I think can you can you all see it? Right now? Okay. So in our business recruitment project pipeline, this is a snapshot of our leads, added projects, and successes. And this is amongst our six target industries. So we'll see we have 40 active projects right now, a majority of which are in advanced manufacturing at 21. We also have two successes, one in high technology and one in advanced manufacturing.
So diving into those two successes, you'll see that they account for roughly uh fourteen million in capital investment. and 208 new jobs. And those charts at the beginning show the progress of those numbers towards our annual goals. Then onto the uh business retention and expansion. These are highlights on the training programs, company visits, and training connections. I want to point out the seven company visits are in-person visits. So COVID continues to be a challenge as we meet with businesses face to
face.
On the next slide in our engagements, you'll see just a highlight, we attended two conferences. six events that we participated in, as well as three local presentations to uh business groups. The marking slides to go through that um very briefly, we had close to 128,000 in estimated earned media value. on the website analytics, you'll see that 86% of our new or of our users are new to the website. So that's encouraging. We're continuing to get
new engagement with uh with our website. On social, you'll see we have close to 8,600 total fans. Hundred and seventy three posts. Close to 123,000 total impressions and uh almost two thousand seven hundred total video views. That are on there.
Onto our investor slide. So we have 82 current investors, of which 34 of those are board or policy council members. We've raised close to 185,000 in in private investment. And we had five new investors this previous quarter. That is uh Stevens Construction, the Usman Law Firm, Raymond James, Coca-Lakis construct uh uh contracting rather. And J. E. Dunn Construction Group.
So other leadership updates, we kicked off two new task forces this year. We have the uh Reshoring Task Force, and that's chaired by Rachel Ebner of Stevens Construction. That kicked off in December. as well as the sustainability planning task force and that's chaired by Cynthia Spidel of Stern Sweaver Miller. And that also kicked off in December. We completed the final evaluation of our performance for fiscal year last year and made a new performance plan for this upcoming fiscal year that we're in. as well as uh the
policy council developing the legislative agenda for um for the upcoming legislative session.
Upcoming events. Our next event that's coming up is January twenty-ninth. That's our virtual edX series. We're also targeting the end of February for our economic forecast luncheon, which is always uh pretty well attended. You need the projects, is uh going to happen in quarter two. It may be a hybrid uh virtual um situation. and uh Grow Pasco on May eighth. I'll pause there. Any questions? Throw slides.
Well, yeah.
I'll um I'll move on through the uh the penny presentation. There's a little retool to try and cover a majority of these things, so I'll I'll kind of cruise through this. I apologize. I'm gonna read a little bit from the slide just to highlight these. So in our ready sites, the seventh ready site is halfway through evaluation, projected to be completed in February this year. The program, which you'll see in the in um forthcoming slide, is up to six sites. So this would be the seventh site edition. A highlight on the international program, the Global Competitives
Committee will continue through this fiscal year. uh kickoff meeting happened back in November and uh currently working on recruiting Pasco Company to participate in the March. uh 2021 virtual international trade show and that's presented by Enterprise Florida. Adhance marketing highlight there, Workforce Connect, annual report completed and distributed. Amongst other items you'll see on there. And Workforce Connect.
You'll see uh continuing to uh work with partners to develop internship guide for Pasco businesses, as well as additional marketing plan for uh Q2, distribution Q2. The CEO program, Dinner with a Shark, CEO dinner, that's going to be a part of the Grow Pasco event in May. That's coming up. And uh big news in Smart Start is the uh the uh smart start at the Grove. build out is pretty much complete. We're almost ready to move in there and that will be our third incubator coming online, which is very exciting. So
going through the the ready sites highlight there I already touched on, we have six sites. So one one is uh uh in progress to move to the seventh. We had apologize, three site inquiries, three response to RPs, one presentation uh to developer uh and uh three site visits. You'll see the the map of the Rady Sites there.
So just to um get through the different programs, I wanted to give a snapshot of the progress of these programs. You'll see on the um the ready site slide there highlight is that we um had two uh marketing channels that that have been executed to market these ready sites. Uh one through the business facilities abitorial, another through a business facilities full page ad. So you'll see amongst those goals there, we we've estimated we're about 45% complete. And so in progress, heavily in progress in the Ready Sites program.
For the international piece, um just wanted to uh touch on so you'll see there the different items that are in progress and the total uh figures. We have uh three there on the assist companies with export marketing discovery, um, assisted through SBDC. And that's a goal of five, so that's on its way. But to go to the next slide. in the highlight there. So there was an in um international workshop that was attended. And that was uh virtually. It was the International Economic Forum of the Americas, Montreal, 2020. And
that gives us a progress of the international program of uh roughly twenty-nine percent.
CAL program is a little behind. This is very event related, so challenges with COVID impacting that. However, these planning plan for these events are in progress. I mentioned the CEO dinner with uh Kevin Harrington. That's part of Grow Pasco. And a lot of these will be backloaded at the end of the year. So Um hopefully we'll have some more to record for you two. Workforce Connect, a lot of these figures are in progress. So that's uh working through these goals. Just wanted to put that out there
for you so you can see that all these are started and part of Workforce Connect website integration, um, other things when working with Workforce Connect partners as well. And we got we're roughly halfway there on that piece. So cruising through really quick on Smart Start so I can get to the progress there. So what continues to be a highlight is the amount of uh event attendees and events offered through Smart Start. So continuing to assist our small businesses in recovery and and helping with COVID-related measures.
We have sixteen incubator members, as I highlight there currently, both on and off site. We're excited about this third incubator coming online. That number is going to continue to increase and we've measured a a continued impact of Uh roughly 214 jobs have been created through this incubator program.
And Co-Starters, you'll see that we uh continue to administer that program. We had uh three Uh co-starter graduate so far. Um some of those pieces are also in progress as well. uh Pasco Enterprise Network. We are really we're actually waiting on some uh information to be uh shared with us through the Enterprise Network partner. So we'll have to uh keep you updated in the next quarter there. However, we did continue to hold roundtables virtually and you'll see that number in the top right.
Uh moving on to uh there you go. Uh next slide. Our microloan program, so I believe we had, yes, we had two new uh microloans that were closed. So that's our to our goal of five. Um did work on some other pieces that are doing software and other servicing measures. So that gives us a uh roughly 46% completion of the Smart Start program there. And just to cap it off. Just to try and give high level progress reports here. We're saying amongst all the programs we're about a
third of the way through. So we still have some work to go, but we continue to uh move forward with administering these programs.
Any questions?
Any questions from the board?
Ben. Okay. Great. Good.
Thank you so much. Have a great day.
Thank
you.