Heather Ennis Northwest Indiana Forum 219.763.6303 President & - - PowerPoint PPT Presentation

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Oct 23, 2023 275 likes •620 views

Heather Ennis Northwest Indiana Forum 219.763.6303 President & CEO November 1, 2019 hennis@nwiforum.org NWI Forum Voice of NWI Business Marketing NWI as the Place for Business Stake out and drive bold initiatives 1 PLANNING PROCESS

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Heather Ennis Northwest Indiana Forum 219.763.6303 President & CEO November 1, 2019 hennis@nwiforum.org

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NWI Forum

Voice of NWI Business Marketing NWI as the Place for Business Stake out and drive bold initiatives

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PLANNING PROCESS

1

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What are we missing?

A strong, compelling regional vision and economic development playbook

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WHAT’S OUR MOTIVATION

2

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NWI BY THE NUMBERS

1.1%

POPULATION GROWTH SINCE 2010

3,417

AVG ANNUAL NET DOMESTIC MIGRATION TO THE REGION (2011-2017)

51,681

NET COMMUTING FLOW (2015)

61%

LABOR FORCE PARTICIPATION (2017)

2.8%

JOB GROWTH SINCE 2010

4.8%

UNEMPLOYMENT RATE (2017)

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GROWTH COMPARISONS

*Data for Lake, Porter, Newton, and Jasper Counties are not included in calculations for Chicago MSA figures. Sources: EMSI 2018.1 – QCEW Employees, Non-QCEW Employees, and Self-Employed; US Census Bureau, Population Estimates program Sources:

Job Growth (2010-2017) Population Growth (2012-2017) Northwest Indiana 2.8%

1.1%

Chicago MSA* 9.6% 0.9% Indiana 9.9% 2.8% United States 10.7% 5.5%

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LOTS BEING DONE

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Who’s In?

Over 60 Investors Steering Committee of 15 Leadership Group of 54 Hosted over 50 Roundtable and One on One Meetings Engaged over 490 People

Engaged the public through an

nline survey

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VISION & GOALS

3

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VISION Northwest Indiana drives its vibrant and inclusive communities by creating the most dynamic economic environment of the Midwest, fueled by innovation, diversity, and talent.

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STRATEGIC FRAMEWORK

Goal 1: Promote robust and sustainable growth by engaging in a proactive, economic development program that supports business retention, expansion, creation, and attraction.

Business Development & Marketing

Goal 2: Foster robust entrepreneurship and innovation ecosystems to propel future economic growth.

Entrepreneurship & Innovation

Goal 3: Ensure that Northwest Indiana’s infrastructure meets the needs of a 21st-century economy.

Infrastructure

Goal 4: Expand the talent assets of Northwest Indiana and strengthen connections to the region’s employers.

Talent

Goal 5: create the amenities and places that enhance Northwest Indiana’s appeal to diverse groups of people.

Placemaking

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WHAT’S BEEN DONE

4

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BUSINESS DEVELOPMENT & MARKETING

Coordinate business attraction and marketing

campaign between Forum, LEDOs and IEDC (1.4.1)

20 Trips in 2019 with an additional 7 scheduled for early 2020
Over 300 meetings with site consultants, brokers and companies
Building Target Sector Marketing
Agri-value Chain Complete
Advanced Mfg, TDL, IT
Increase collaborative business retention and

expansion (BR&E) efforts across the region (1.7)

July 2019 all LEDOs subscribed to Executive Pulse
August 2019 Executive Pulse Training
Continuing to measure outcomes

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ENTREPRENEURSHIP & INNOVATION

Impact Labs- Coming Soon!
Cultivate and convene networks of entrepreneurs
Raise awareness of entrepreneurial success stories
Entrepreneurial as well as Intrapreneurial
Support innovation within existing companies

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INFRASTRUCTURE

Land Banks
Lake County is finalizing operating principles
Will be able to replicate in other areas
Brownfield redevelopment
EPA Grant
Port
Broadband
Airport

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TALENT

IT Sector Strategy
Promoting NWI jobs-in-demand
Digital Ambassador Programs
Promoting early learning efforts

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PLACEMAKING

Maximize the TOD potential associated with the

South Shore and West Lake Corridor commuter rail projects

Support the development of vibrant downtowns

and distinct neighborhoods and districts

Encourages and promote the development of

diverse and affordable housing options

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MEASURE RESULTS

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IMPLEMENTATION

5

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IMPLEMENTATION STRUCTURE

Coalition of regional organizations
Sustainable effort under one banner- Ignite
Coordinated by the Forum
Regular meetings (monthly and quarterly)
Report on activities
Assess progress
Reprioritize, add, and delete initiatives
Annual regional meeting to present

accomplishments

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