Community Economic Recovery: Preparing for the Unthinkable CDCK CED - - PowerPoint PPT Presentation

Community Economic Recovery: Preparing for the Unthinkable CDCK CED Forum • April 2019

SFU – CED Programs

• 30 Years of CED programming
• Highly engagement-focused
• Faculty of Environment
• Quadruple-bottom

Jeremy Stone, Director

• 18 Years in CED
• Microfinance, small business

development, economic development capacity building.

• Served in economic recoveries

from hurricanes, oil spills, etc.

SFU CED Programs

CED Certificate Program LEAP! Social Economy Accelerator Community Economic Resilience CED Certificate Program LEAP! Accelerator Program Community Economic Resilience

How do I develop a sustainable economy?

• 8-Month professional

certificate

• Mix of online and in-

person deliveries

• Tailored to economic

developers, government, and entrepreneurs How do I spark local business creation?

• 9-week lean start-up

program.

• Targets new or small

entrepreneurs

• Fully partnered and

emphasizes local capacity building How do I support the economy when things go wrong?

• Resilience planning
• Rapid recovery

support

• Coursework and

workshops in economic resilience

Colorado Floods Maine Forestry Downturn Hurricane Harvey BP Oil Spill

Framing Cases Planning

The Risks

Why do we care about economic resilience?

• Businesses provide incomes, goods, and services for

individual recoveries.

• The majority of our critical life needs are provided by

businesses.

• Local businesses are accountable and reduce capital

leakage.

• After evacuations businesses are the beacons of

recovery.

Impacts Beyond Hazards

• Capital leakage – Money spent on outside providers
• Substitution effects – Consumers shop differently
• Indirect effects – Brand damage, customer loss, etc.
• Volunteer drain – Replacement of sales by volunteers
• Role of subsidies – Artificial recovery boom
• Supply chain substitution – Supply chain shops

differently

• “Dead businesses walking” – Loss of market fit

Myth: Businesses Take Care of Themselves

Evacuees can disperse far and wide

Economic Recovery and Resilience = Good Economic Development

What is Community Economic Development?

CED is a systems approach to problem solving for community well-being. Principles of CED:

• Livelihoods Focused
• Diverse and Inclusive
• Sustainable
• Place-Based
• Community Controlled

What is Community Economic Development?

Business Retention and Expansion Social Enterprise and Innovation Local Purchasing and Procurement Community- Based Financing

Community Economic Resilience

Maintaining our well-being while adjusting to constant changes in the world around us.

Framing Cases Planning

• “JumpStart Jefferson” re-entry system
• Businesses are assigned tiers based on their importance

to preparing for the public’s return

• Could be paired with other certifications or evidence of

business continuity plans

Supporting Critical Businesses

Disaster Recovery Construction Specialist Certification

Land Use Innovation: Cheakamus Community Forest

Kanaka Bar Band: Resilience Planning

KBB now has 100% employment and a 100% graduation rate.

Buy Local campaigns: Joplin, MO

• Mayor and Chamber immediately began promoting

local businesses – evolved into Shop Joplin! campaign

• 485 impacted businesses reopened; 250 new

businesses open after tornado.

Flexible Financing: Cariboo Region

New Orleans Office of Workforce Development

• Hold job fairs for individuals on public assistance
• Inquire about availability to work after disasters
• Maintain database and provide lists to municipal
• ffices for rapid response jobs

2017 Santa Rosa, CA Wildfire

• Enormous backlog of permit

applications

• Brought in planners from

around the state to review 100 projects in one weekend

Southeast Louisiana Fisheries Assistance Center

• Response to post-Katrina recovery
• Centralized multiple agencies in one place
• Became a hub for economic development, and later

served as an emergency center for the BP oil spill

Framing Cases Planning

How do our plans support economic resilience?

2013 Colorado Floods Economic Development Plan Reviews

• Research and Knowledge-Building
• Planning
• Governance
• Financing
• Infrastructure
• Procurement Strategies
• Business Continuity and Risk

Management

• Workforce Support
• Economic Diversification
• Counseling and Technical

Assistance

• Communications Systems

0% 20% 40% 60% 80% 100%

• XI. Communication Systems
• X. Counseling and Technical Assistance
• IX. Economic Diversification
• VIII. Workforce Support
• VII. Business Continuity and Risk Management
• VI. Procurement Strategies
• V. Infrastructure
• IV. Financing
• III. Governance
• II. Planning
• I. Research and Knowledge-Building

Summary by Metric Area

Fully Observed Partially Observed Not Observed

2013 Colorado Floods Economic Development Plan Reviews

2018 Kootenay Area Plans Review

0% 20% 40% 60% 80% 100% Research and Knowledge-… Planning Governance Financing Infrastructure Procurement Strategies Business Continuity and Risk… Workforce Support Economic Diversification Counseling and Technical… Communications Systems Full Partial None 0% 20% 40% 60% 80% 100% Research and Knowledge-… Planning Governance Financing Infrastructure Procurement Strategies Business Continuity and Risk… Workforce Support Economic Diversification Counseling and Technical… Communications Systems Full Partial None 0% 20% 40% 60% 80% 100% Research and Knowledge-… Planning Governance Financing Infrastructure Procurement Strategies Business Continuity and Risk… Workforce Support Economic Diversification Counseling and Technical… Communications Systems Full Partial None 0% 20% 40% 60% 80% 100% Research and Knowledge-… Planning Governance Financing Infrastructure Procurement Strategies Business Continuity and Risk… Workforce Support Economic Diversification Counseling and Technical… Communications Systems Full Partial None

Whole Community Approach to Resilience

Government Non-profits & Associations Chambers of Commerce Financial Institutions Businesses Colleges & Universities Emergency Managers Residents Business TA Providers Unions/ Labor Orgs

Map resilience, not just risk

• Identify the qualitative information you need to know
• Ask businesses and workers often about their

vulnerabilities, coping mechanisms, alternatives, etc.

• Compile the information for use in planning

Resilientville Map: San Francisco, CA

Community Engagement: Port Coquitlam, BC

• Discovery Sessions
• Business Continuity

Planning Workshops

• Business Case Partners

Takeaways: Learn and Work Incrementally

• Collaborate with partners to do some low-cost

exploratory research.

• Establish or commandeer a regularly meeting

roundtable. – Identify the vulnerabilities.

• Support the execution of the list.

– Identify the opportunities. – Identify the gaps.

• Make a list.

Takeaways: Repurpose assets to reduce costs and time

• Call centers and info guides
• Sister-city and corporate MOUs
• Financial products at banks and foundations
• Marketing and buy-local campaigns
• Existing case-management functions in non-profits
• Existing programs for social and economic

development

• Existing plans and planning processes
• Existing government-owned or underutilized

properties

Municipality Name

Sunnybrook

Economic Functions or Risks Mitigation Plan Responsible Parties Priority Cost

Example: Payroll Move to a 3rd party payroll system. Direct Business Impacts

Loss of electricity services Generator program for food-based businesses Chamber and Home Depot Medium Low Cost Loss of business location Alternative spaces vending program SpaceFinder, Airport, City Government High Low Cost

Brand Damage

Loss of tourism interest Marketing campaign for shoulder season Imagine Sunnybrook and Hotel Association Low Expensive Lack of focus on local businesses for recovery needs Initiate and maintain buy-local program Chamber and Main Street Association High Moderate

Economic Resilience Assessment and Planning Tool

The Economic Resilience Assessment and Planning Tool can be used to identify critical economic functions, and plan for their resilience. The assessment tool can be used for any particular threat (e.g., tornado, flood, terrorism, etc.) or for "All Hazards". Use drop-down menus in the digital version to mark the Date of Assessment Type of Threat

26-Apr-19 Flood

Takeaways: Start small and workshop it

For more information about SFU CED’s resilience planning supports, please contact us below:

Jeremy Stone, Director SFU Community Economic Development Faculty of Environment Email: jtstone@sfu.ca Phone: 778.782.5275