Adapting to changing business needs Lydeana Martin Floyd County - - PowerPoint PPT Presentation

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Adapting to changing business needs Lydeana Martin Floyd County - - PowerPoint PPT Presentation

Lightning Round 2 Flexible Floyd: Adapting to changing business needs Lydeana Martin Floyd County Economic Gardening in Floyd Helping people grow companies Source: Edward Lowe Foundation Lydeana Martin, AICP lmartin@floydcova.org


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SLIDE 1

Lightning Round 2

Flexible Floyd: Adapting to changing business needs

Lydeana Martin Floyd County

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SLIDE 2

Economic Gardening in Floyd

Helping people grow companies

Source: Edward Lowe Foundation

Lydeana Martin, AICP lmartin@floydcova.org 540 745-9300

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SLIDE 3

Business Stages

Stage 1 2 3 4 5 Staff 1-10 11-19 20-50 51-99 100+ Focus Start Run Scale Growth ROI Info, Time, Leads Needs Direction, Marketing, Service Leadership, Delegate, Systems, Turnover, Coordination Continue Innovation, Differentiate, Collaboration Money, Space, Workforce

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SLIDE 4

Money and Space

  • Money: Floyd 5 & 10 Small Business Loan Program:
  • $ Revolves, Policy Evolves
  • Space:

Next… Floyd Growth Center & Building 1 Floyd Innovation Center

Office to 4,500 SF spaces 4,600 to 8,600 SF spaces

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SLIDE 5

Workforce

  • Training:
  • Accessing

Community College Education (ACCE)

  • High School Career

Fair

  • Next

Floyd Collaboration & Career Development Center (CCDC) for Youth and Adults

  • Housing:
  • Habitat

Townhomes

  • Rehab
  • Mixed Use??
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SLIDE 6

Technical Assistance & Mini-grant Farm, Food, Forestr

Helping Stage 1 Companies Grow

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SLIDE 7

Stages 2 & 3

Growthwheel

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SLIDE 8

Stage 4+: Helping ROI (grant seeking)

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SLIDE 9

Floyd C4 Floyd Innovation Center

Number of Business Establishments in Floyd Co

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SLIDE 10

Lightning Round 2

We All Count: The 2020 Census challenge

Jennifer Harris Montgomery County

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SLIDE 11

2020 CENSUS

March 12, 2020 Montgomery County Complete Count Committee Co-Chairs Emily Gibson, gibsonej@montgomerycountyva.gov Jen Harris, harrisjt@montgomerycountyva.gov

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SLIDE 12

THE CENSUS

  • Conducted every 10 years

since 1790.

  • Everyone counts and they

count where they are on April 1, 2020.

  • Every resident missed in the

count = a $2,000 loss to our community annually over the next 10 years.

  • Primarily web-based this year.
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SLIDE 13

MONTGOMERY COUNTY GOALS

  • Get all residents

counted!

  • Secure our portion of

the $675 billion available for education, public safety, healthcare, and much more.

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SLIDE 14

MONTGOMERY COUNTY CHALLENGES

  • Get all residents counted!
  • Secure our portion of the $675 billion available for

education, public safety, healthcare, and much more.

  • Awareness – what it is and what it is not.
  • Outreach – reaching all populations.
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SLIDE 15

MONTGOMERY COUNTY CENSUS PARTNERS

  • We all have a stake in this - Complete Count Committee
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SLIDE 16

MONTGOMERY COUNTY CENSUS NEXT STEPS

  • Help spread the word:
  • Social media platforms,
  • Listservs,
  • Newsletters,
  • Bulletins,
  • Etc.
  • Get counted!
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SLIDE 17

QUESTIONS?

Montgomery County Complete Count Committee Co-Chairs Emily Gibson, gibsonej@montgomerycountyva.gov Jen Harris, harrisjt@montgomerycountyva.gov

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SLIDE 18

Lightning Round 2

Help Wanted: The most in demand skills in the region

Zach Jackson Virginia Tech Office of Economic Development

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SLIDE 19

IN-DEMAND OCCUPATIONS IN THE NRV

ZACH JACKSON,

VIRGINIA TECH OFFICE OF ECONOMIC DEVELOPMENT MARCH 12, 2020

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SLIDE 20

NRV: BY THE NUMBERS

  • Mild Population Growth from

2012-2017

  • Recent Job Growth

Projected to Accelerate over next Five Years

  • Aging Workforce, Falling

Labor Force Participation

61.9 57.4 58.6 57.7 51.4 57.4 10 20 30 40 50 60 70 Floyd Giles Montgomery Pulaski Radford 89,233 92,605 95,848

20,000 40,000 60,000 80,000 100,000 120,000 2015 2020 2025

3.8% Growth

(2015-2020)

3.5% Expected Growth

(2020-2025)

Overall

(2012-2017)

0-24

(2012-2017)

25-59

(2012-2017)

60+

(2012-2017)

2.2% -3.6% 1.9% 15.5%

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SLIDE 21

WHAT’S IN DEMAND?

Occupation Ann. Openings 2019 Hires Med. Hourly Wages 2020 Jobs 2020-2025 % Job Change

Cashiers 442 2,584 $9.40 2,361

  • 2%

Combined Food Preparation and Serving Workers, Including Fast

Food

380 2,696 $9.06 1,912 6% Retail Salespersons 328 1,705 $10.60 2,225

  • 1%

Janitors and Cleaners, Except

Maids and Housekeeping Cleaners

254 1,083 $13.29 1,840 2% Waiters and Waitresses 241 1,802 $9.74 1,222 1% Office Clerks, General 237 982 $13.92 1,947 0%

Laborers and Freight Stock, and Material Movers, Hand

170 1,108 $11.68 1,001 9% Customer Service Representatives 165 854 $13.97 1,189

  • 2%

Farmers, Ranchers, and Other Agricultural Managers 163 47 $11.48 1,657

  • 4%

Personal Care Aides 151 607 $8.95 793 16%

Top 10 In Demand Occupations at or below $15/hr. Top 10 In Demand Occupations at or above $15/hr.

Occupation Ann. Openings 2019 Hires Med. Hourly Wages 2020 Jobs 2020-2025 % Job Change

Assemblers and Fabricators,

All Other

449 1,815 $16.00 3,217 7% Postsecondary Teachers 290 1,033 $32.57 3,439 0% Real Estate Sales Agents 186 60 $19.66 1,712 4% Secretaries and Administrative Assistants,

Except Legal, Medical, and Executive

143 540 $15.84 1,252

  • 1%

Heavy and Tractor-Trailer Truck Drivers 120 448 $16.90 872 7% First-Line Supervisors- Retail Sales Workers 116 397 $18.09 1,023 0% Bookkeeping, Accounting, and Auditing Clerks 111 467 $16.49 926 0% Maintenance and Repair Workers, General 107 436 $16.48 1,012 3% Electrical, Electronic, and Electromechanical Assemblers,

Except Coil Winders, Tapers, and Finishers

89 189 $16.55 717 3% General and Operations Managers 80 332 $45.52 793 5%

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SLIDE 22

WHO’S DEMANDING?

  • 1. Construction

3,121 People Employed in In- Demand Occupations 2% Employment Growth Expected Over Next 5 Years. Shared Needs with Transportation and Warehousing, Manufacturing, Government, and Professional, Scientific, and Technical Services.

  • 3. Manufacturing

918 People Employed in In- Demand Occupations 5% Employment Growth Expected Over Next 5 Years Shared Needs with Construction and Transportation

  • 5. Professional, Scientific, and Technical Services

536 People Employed In In-Demand Occupations 4% Employment Growth Expected Over Next 5 Years

  • 4. Transportation and

Warehousing

718 People Employed in In-Demand Occupations 4% Employment Growth Expected Over Next 5 Years

  • 2. Government

2,267 People Employed in In- Demand Occupations Shared Needs with Professional, Scientific, and Technical Services

  • 3% Employment Decline

Expected Over Next 5 Years

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SLIDE 23

2,593

Job Postings

(For Construction Related Occupations, 2019)

4,537

Hires

(2019)

1,205

Annual Openings

(2019)

DEEP DIVE: Construction

  • Increasing number of Job

Postings, Hires, and Openings

  • Opportunities at all skill and

education levels;

  • However, wages tend to

correspond with qualification

3,499 3,617 3,688

  • 1,000

2,000 3,000 4,000 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

3.4% Growth

(2015-2020)

1.9% Expected Growth

(2020-2025) Wages Entry Level Education Less than Highschool H.S. or Equivalent Postsecondary Award Bachelor’s Degree $30+/hr. $25/hr. $20/hr. $15/hr. $10/hr. $5/hr. $0/hr.

$14.60 Avg. 553 Openings $19.86 Avg. 347 Openings $29.44 Avg. 175 Openings $13.39 Avg. 141 Openings $19.68

(Weighted Regional Median Wage)

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SLIDE 24

BUILDING THE TRADES PIPELINE:

  • Growing Percentage of

Construction Works Approaching Retirement Age

  • Postsecondary Education is

the Leading Choice for High School Graduates

  • Most Construction Program

Completers Graduate from Virginia Tech

10,244 31% 23% 8%

(100%) (3,176) (2,536) (820)

2019 Employment 45+

(2019)

65+

(2019) (For Top 25 Construction Occupations)

55+

(2019)

8

3,724

560 230

High Schools Offering Construction CTE Programs Students Enrolled in Construction and Related CTE Programs Students Enrolled in 2-Year Postsecondary Programs Students Entering the Workforce Following Graduation

3 Institutions

Virginia Tech, Radford, and NRCC offer Programs related to In-Demand Construction Occupations

12 Programs

12 two-and-four-year Programs Related to In-Demand Construction Occupations

1,180 Completions

1,180 Students Completed these Programs in 2018, Marking a Slight Increase from 2017 Figures

10 Occupations

10 Occupations Align with these Programs with 522 Openings In 2019

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SLIDE 25

Thank You! Any Questions?

Zachary Jackson, Economic Development Specialist 702 University City Blvd. Blacksburg VA, 24061 (540) 231-6669 zachj@vt.edu

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SLIDE 26

Lightning Round 2

40 by 30: A Vision for Pulaski County

Jonathan Sweet Pulaski County

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SLIDE 27

40-by-30

Pulaski County, VA

40,000 Population by the Year 2030

A Comprehensive Initiative where we Grow our Local Economy by Meaningfully Investing in our Community

Jonathan Sweet, ICMA-CM County Administrator

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SLIDE 28

PULASKI COUNTY, VA

Outdoor Adventure / Rich History / Live Music / International Business / Lake Life

https://vimeo.com/239628844?outro=1&ref=fb-share

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SLIDE 29

PULASKI COUNTY, VA

HOME TO:

  • 9 International Companies
  • Volvo, Korona, Phoenix
  • Claytor Lake & State Park
  • The New River
  • New River Trail State Park
  • NRV Regional Airport
  • Fine Arts Center of the NRV
  • NRV Commerce Park
  • Motor Mile Speedway
  • The Yankees & Calfee PArlk
  • The Pulaski Theater
  • Peter Dye River Course of VT
  • The NRV Fairgrounds
  • Randolph Park
  • Gatewood Park
  • New River Community College
  • New River Valley Business Center
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SLIDE 30

40-by-30

Pulaski County, VA

Growing our Population and our Economy through Significant and Meaningful Investments in:

  • Public Education
  • Quality of Life and Outdoor Recreation Assets
  • Economic Development and Job Creation
  • Residential and Commercial Development
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SLIDE 31

PUBLIC EDUCATION

  • New Pulaski County Middle School – Most technologically advanced educational experience for middle school

students in the New River Valley. We have expanded the middle school curricula beyond the general offerings that are available in Montgomery County and Radford to include culinary arts, mechatronics, and drama.

  • International Baccalaureate - This year’s Freshmen class will be the first cohort of students who will have the
  • pportunity to graduate with an IB diploma in the entire NRV.
  • Experiential Club Offerings - All of our new our renovated elementary schools now offer a wide variety of club

experiences for students that allow them to explore career options while developing leadership, communication, and collaboration skills. Examples of clubs include theater, robotics, military cadets, law enforcement, dance, local history, community service, construction, first responders and agriculture.

  • Career and Tech Education – Are second to none in the New River Valley. Pulaski County students are receiving

instruction and pursuing certifications in subject areas that are only provided sporadically or not at all throughout the rest of the region such as welding, cybersecurity, criminal justice, auto-body repair, television-media production, basic electricity, and pharmacy technicians

  • Access to Community College Education (ACCE) – Implemented for All 2020 Pulaski County graduates

40-by-30

Pulaski County, VA

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SLIDE 32

40-by-30

Pulaski County, VA

New Pulaski County Middle School – Fall of 2020

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SLIDE 33

PUBLIC EDUCATION

  • New Pulaski County Middle School – Most technologically advanced educational experience for middle school

students in the New River Valley. We have expanded the middle school curricula beyond the general offerings that are available in Montgomery County and Radford to include culinary arts, mechatronics, and drama.

  • International Baccalaureate - This year’s Freshmen class will be the first cohort of students who will have the
  • pportunity to graduate with an IB diploma in the entire NRV.
  • Experiential Club Offerings - All of our new our renovated elementary schools now offer a wide variety of club

experiences for students that allow them to explore career options while developing leadership, communication, and collaboration skills. Examples of clubs include theater, robotics, military cadets, law enforcement, dance, local history, community service, construction, first responders and agriculture.

  • Career and Tech Education – Are second to none in the New River Valley. Pulaski County students are receiving

instruction and pursuing certifications in subject areas that are only provided sporadically or not at all throughout the rest of the region such as welding, cybersecurity, criminal justice, auto-body repair, television-media production, basic electricity, and pharmacy technicians

  • Access to Community College Education (ACCE) – Implemented for All 2020 Pulaski County graduates

40-by-30

Pulaski County, VA

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SLIDE 34

QUALITY OF LIFE AND OUTDOOR RECREATION

  • New River Trail Extension – 2020-2021
  • Master Planning for Indoor Recreation Facility - 2021
  • Major Upgrades to Randolph Park – 2020-2021
  • New Community Parks in:
  • Fairlawn (Smith Farm - 100 acres) - 2021
  • Fairlawn (Sheffey River Park) - 2020
  • Draper (Draper Community Park) - 2020
  • Hiwassee (O’Dell Park) - 2020

40-by-30

Pulaski County, VA

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SLIDE 35

ECONOMIC DEVELOPMENT AND JOB CREATION

  • Led State in 2017 in Overall Economic Development Performance per Capita for all VA Counties
  • Finished #1 in the State in Overall Economic Development Performance per Capita for 2019 (#1

job Creation and #2 Capital Investment out of all 133 Counties and Cities)

  • $475+ Million in New Capital Investment in the last 36 months in Pulaski County
  • 1,460+ New Basic Sector Jobs have been Announced in the last 36 months in Pulaski County
  • 7 Economic Development Announcements in concert with the Governor’s office in the last 36

months (5 existing industry expansion projects and 2 new location decision)

40-by-30

Pulaski County, VA

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SLIDE 36

RESIDENTIAL AND COMMERCIAL DEVELOPMENT

  • The county is currently working on three mixed-use projects to advance apx. +$350,000,000.

in residential and commercial development that could yield apx. +1,300 new and diverse residential units

  • EDA to launch a Small Business Development and Entrepreneurial Movement - 2020

40-by-30

Pulaski County, VA

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SLIDE 37

PULASKI COUNTY, VA

Outdoor Adventure / Rich History / Live Music / International Business / Lake Life

THANK YOU

  • Q & A -
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SLIDE 38

Closing & Your Feedback

Kevin Byrd NRV Regional Commission

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SLIDE 39

Raffle!

Your raffle ticket is in your nametag!

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SLIDE 40

THE PALISADES RESTAURANT, GILES COUNTY

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SLIDE 41

AL’S ON FIRST, PULASKI COUNTY

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SLIDE 42

THE FLOYD COUNTRY STORE, FLOYD COUNTY

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SLIDE 43

GAUCHO BRAZILIAN GRILLE, MONTGOMERY COUNTY

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SLIDE 44

RADFORD COFFEE COMPANY, RADFORD

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SLIDE 45

THANK YOU!

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SLIDE 46

Thank You!

NRV Livability Initiative