Commission Meeting October 25, 2018 Portland, Oregon welcome - - PowerPoint PPT Presentation

October 25, 2018 Portland, Oregon

Commission Meeting

Kanth gopalpur

welcome

Chris harder

Director’s report

Agency Updates

• Budget process update
• Recent projects:

–CDBG Awards –Business Development Projects –Innovation Investments

• Advancing agency culture — Amy Croover Payette

CDBG Awards

• Public Works Projects:

– City of Chiloqin: Wastewater system—$702,000 – City of Tillamook: Wastewater system—$2,500,000

• Community Facility Projects:

– City of St. Helens: Food Bank—$1,500,000

• Microenterprise Assistance:

– City of Independence—$97,500

• Housing Rehabilitation Projects:

– Harney County—$400,000 – City of Independence—$400,000

Strategic Reserve Fund Awards

Organization City Loan Approved Amount Approval Date Wayfair LLC Springfield $400,000 10/9/2018 Genentech (BEP) Portland $500,000 (TBD) 10/5/2018 Element Six Technologies Gresham $300,000 10/2/2018 Composite Approach, LLC Redmond $100,000 9/6/2018 Hyak Tongue Point, LLC Astoria $350,000 9/6/2018 Agility Robotics, Inc. Albany $78,390 8/14/2018 Froerer Farms, Inc. Nyssa $110,000 7/16/2018 North River Boats Roseburg $100,000 7/16/2018 $1,938,390

Note: Awards are recently approved for funding, but may not be finalized and under contract

Recent Innovation Projects

High Impact Opportunity Project (HIOP) Awards

• Value-added Products from Beverage Industry Waste (Food Innovation Center)
• Mass Timber Acoustic Testing Laboratory (University of Oregon)
• RAPID Metal Additive Manufacturing (Oregon State University)
• Mercado Mobile Food Lab (Hacienda CDC)
• S Willamette Valley Food Biz Dev Center (RAIN Eugene)
• Scaling Juniper Markets (Sustainable Northwest)
• Vine Robot & Data Analysis (George Fox University)

Recent Innovation Projects

SBIR Matching Grants

• Arc Control in Vacuum Arc Remelting Furnaces

(Ampere Scientific)

• Surgical clip and applier for rapid closure of dura mater (NeuraMedica)
• Sensitive, Fast, Portable Diagnostic for Malaria Elimination (Hemex Health)
• Developing ultrasound treatment for post-menopausal women

(Madorra)

• Production of Natural Sun-protective Compounds (Gadusol Labs)
• Equipment for Microwave Absorber Commercialization (Tangitek)

Recent Innovation Projects

SBIR Matching Grants

• Preventive Healthcare App for Latinas (De Las Mias)
• Novel Sickle Cell Disease Diagnostic (Hemex Health)
• Rapid Diagnostic Test for Zika (mAbDx)
• Scaled Manufacturing of Rapid HIV Test (Sedia Biosciences)
• Testing Stability of Silica-coated Flu Vaccine (StoneStable)

Agency Culture

Recommendation 1:

• Management training is scheduled. Starting in December. Complete in July.
• A three-part respectful workplace training series is scheduled. All staff required to

attend. Recommendation 2:

• An all staff survey is currently out to receive feedback from staff on scope and

expectations of an Employee Engagement Committee. The survey closes next Monday.

• Internal communications plan is underway.
• DEI Council – Bryant Campbell will also serve on the Employee Engagement

Committee.

Agency Culture

Recommendation 3:

• Agency charters are underway.
• The director’s bi-monthly email communication launched on Monday, Oct 22.
• The first director’s forum will be on November 1.

Recommendation 4:

• Employee Services staffing is underway.
• DOJ trainings have been identified for HR staff.
• The complaint and investigation flow-chart is underway.

Agency Culture

Recommendation 5:

• The Regional Development Team has started to review their project process flow.

Recommendation 6:

• The new DAS “Workday” system release date is still unknown.

Recommendation 7:

• The recruitment for the AD for Operations & Finance is underway.

Recommendation 8:

• Internal succession plan first meeting is on Oct 29.

Amanda Welker

Global trade: what’s working for Oregon

How Business Oregon Thinks about Trade

• Exports
• Foreign Direct Investment

Why Trade Matters to Oregon

• Oregon exports hit record $22 billion in 2017
• 87,000 jobs in Oregon supported by exports
• Nearly 6,000 Oregon companies export
• 95% of global consumers outside the US

Computer & Electronic Products, 40% Machinery, 18% Chemicals, 10% Agricultural Products, 8% Transportation Equipment, 5% Food Products, 3% Wood Products, 2% Electrical Equipment, 2% Primary Metals, 2% Fabricated Metals, 2% All Others, 8%

Oregon Exports by Industry, 2017

Source: http://www.wisertrade.org, data from U.S. Census Bureau, Foreign Trade Division.

Source: Wiser Trade, 2017

China, 18% Canada, 11% Malaysia, 10% Korea, 9% Japan, 8% Vietnam, 7% Taiwan, 4% Germany, 2% Singapore, 2% UK, 2% All Others, 26%

Oregon Export Markets

$0 $500,000,000 $1,000,000,000 $1,500,000,000 $2,000,000,000 $2,500,000,000

Source: Wiser Trade, 2017

Top Oregon Export Markets

(2017, Excluding microchips, cars, soybeans, & potash)

$383,993,083 $387,753,257 $401,528,459 $416,686,523 $516,931,654 $645,289,039 $657,882,197 $1,192,356,843 $1,384,883,976 $2,853,402,305 Other chemical products Basic chemicals Fruit / vegetable & specialty… Other agricultural products Aerospace products Pharmaceuticals & medicines Navigational & control products Oilseeds & grains Computer equipment Industrial machinery

Source: Wiser Trade, 2017

Top Oregon Export Products

(2017, Excluding microchips, cars, soybeans, & potash)

• 61,700 workers in Oregon are employed as a result of global

investment—an increase of over 40 percent since 2010.

• 22,600 workers in Oregon—more than 30 percent of all FDI jobs in

the state—are in the manufacturing sector.

Challenges

• Trade Wars and retaliatory tariffs
• Competitiveness

– No TPP, NAFTA re-negotiations, EU-Japan trade agreement, U.S. left out

• Congestion/bottlenecks in transportation system
• Consumption decreasing in historically key markets (Japan)
• Oregon not well-known internationally as destination or brand
• Loss of container service – not geographically advantaged for direct marine

service

Moving Forward

• Coordinated, focused global strategy to promote and enhance the Oregon

brand overseas

• Expand value-added and consumer-packaged goods for food and

beverage exports

• How do we organize work around the state’s strategies for those markets

and target state investment?

Japan China UK and Europe Canada SE Asia

Oregon MSA’s Export

Our Team

• Global Trade & Recruitment

–Team Lead (1) –Global Trade Specialists (4) –Business Recruitment Officers (2) –Grant Program Assistant –Japan Representative Office JRO (3) –Germany-OCO Global (2)

Budget

• ICF/Lottery funds
• Federal Funds:

–State Trade Expansion Program (STEP) –USDA MAP funds

• Strategic Reserve Fund (Lottery)
• Company/Partner Participation Fees
• ~$4 Million

Foreign direct investment

Foreign Direct Investment

• Premier West Coast location

–Pacific Rim access and easy distribution to California –Continued FDI growth in several industries –Lower-cost power attractive to large manufacturing and processing firms –Rapidly growing metro regions that attract educated workforce –Portland International Airport rated best for business travel six years in a row

(Travel + Leisure)

29

Foreign Direct Investment

• Japan and Germany
• Greenfield and M&A
• Innovation and Technology
• Tax Landscape/Incentives
• Select USA
• Public benefits: diversity, career ladders

Japan Strategy

• 140 Japanese-owned companies in Oregon

–Food and Beverage –Consumer Goods –Semiconductor supply chain –Tourism, Education and Cultural exchange

• Metrics: Trade Assistance, Capital investment, Jobs, Income tax
• Budget Request: East Asia representative Policy Option Package

Germany Strategy

• Key Industry Sector supply chains
• Awareness Building
• Adidas, Daimler, Siemens
• Lead Generation
• West Coast Location
• Metrics: leads, projects, jobs

Foreign Direct Investment Successes

exports

Trade Tools and Services

• 1:1 counseling on export strategy
• Overseas Offices
• Matching funds for shows & missions, and distributor

development services

Export Training

• Export financing, working capital, loan guarantees, insurance
• E-Commerce, social media
• Website localization, translation, and search optimization
• Market Briefings
• Logistics, documentation,

and export compliance

• Rural outreach and

new-to-export outreach

• Softwood Export Council

Export Promotion Program

• 984 grants to Oregon small businesses
• Average grant award: $3,600
• $3.6 million in total grant funding awarded
• Resulting in $147 million in export sales
• 22 counties
• Top trade show markets:

Germany, Japan, China and Canada

• 100% utilization rate of federal and state funds

Advanced Navigation and Positioning Systems Hood River, OR Grant: $5,000 Event: LADD trade show in Brazil Immediate Sales: $125,000 Estimated Sales: $5 million (12 jobs created)

Ride Development: Bumper Car Maker Independence, OR Grant: $5,000 Event: DEAL in Dubai, UAE Immediate Sales: $408,000 Estimated Add’l Sales: $100,000

Reasons why >

Metolius Mountain Products Bend, OR Grant: $5,000 Event: Outdoor Germany Immediate Sales: $2 million Estimated Add’l Sales: $1 million

everyone

Break

Andrew Hoan

Portland Business Alliance

Kanth Gopalpur

Public comment, closing, adjourn