COUNTY ECONOMIC DEVELOPMENT. Deanna Kuennen Rice County Economic Development Director President, MAPCED
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1 COUNTY ECONOMIC DEVELOPMENT Deanna Kuennen Rice County Economic Director President, MAPCED
2 Topics What is Economic Multi-Discipline Relationships / Partnerships / Collaboration What does COUNTY Economic Look Like in Out-State Minnesota Rice County s Economic Model Other Economic Models MAPCED Members The Regional Focus of Economic Collaboration within the County Opportunities for Scaling Economic Efforts in a Region
3 What is Economic
4 What is Economic Business Retention Business Attraction Quality Jobs Tax Base Quality of Life Sustained Prosperity Relationships Collaboration Economic development is a process of working together to improve the local economy. Economic development includes many functions and disciplines business development, marketing, infrastructure (roads, water, sewer, fiber), real estate/land use, and finance. Economic development cannot be done in a vacuum is based on relationship building, partnerships, and collaboration.
5 County Economic What does it look like
6 Rice County Rice County Economic Working in partnership with our communities to foster an environment that welcomes economic development as a means to expand the tax base and create quality jobs benefitting the county as a whole. Created in 2006 with the goal of working collectively with the Rice County communities Emphasis on building collaborations resulting in a robust network of public & private partners Specific initiatives are identified & implemented to achieve the economic development vision of the County & enhance the business climate Strategic Partnerships Technology Value-Added Projects Resource
7 2014/2015 Work Plan Strategic Initiatives ~ Value-Added Projects Rice County Economic A Climate for Growth... While government doesn't create jobs, it can create an environment that encourages economic and job growth. How can Rice County encourage economic growth by supporting the efforts of our Rice County communities, building programs and providing tools to compete for quality jobs, leveraging programs offered by our economic development partners, and building strong relationships and coalitions with organizations that can support our economic momentum and overall County vision.
8 MAPCED Economic Models Aitkin County Alexandria Area Economic Comm Brainerd Lakes Area Corp Brainerd Lakes Area Corp Carlton County Economic Carver County CDA Murray County Economic Pine County Pope County Redwood Area Corporation Renville County HRA/EDA Renville County HRA/EDA The mission of MAPCED is to champion economic growth through the advancement of County Economic Professionals in Minnesota. Cass County Ec. Dev. Corp Chisago County HRA- EDA Community of Morrison County Dakota County CDA Goodhue County Hennepin County Hennepin County Hubbard County REDC Kandiyohi County and City of Willmar EDC Lac Qui Parle County EDA Lake County Lincoln County Enterprise Dev. Corp Martin County EDA Rice County Economic Rice County Economic Roseau County Scott County CDA - First Stop Shop Sherburne County Stearns County HRA Stevens County Economic Improvement Commission Swift County Todd County Corporation Worthington Regional EDC Wright County Economic Partnership Meeker County Mille Lacs County
9 Strategic Goals Build Capacity Internally Strengthen Committee Structure Expand Membership Expand Outreach Develop Strategic Partnerships Enhanced Relationship with AMC, EDAM, DEED Build Stronger Programs Solar/ Renewable Energy Joint Training with AMC Affiliates Develop a Sophisticated Advocacy Program MAPCED Measurement Tool
10 MAPCED Members ED Models Redwood Area Corp. Chisago County HRA/EDA Established in 1986 to serve communities in the county who wanted to move ahead with economic development / community development with shared staff. In 2003/04 added the Redwood County EDA and serve as contract staff Core services include: Business Recruitment Business Expansion The Chisago County Board established the HRA in 1988 and adopted full EDA powers in Core services include: Providing Housing Assistance Multi-Family, Senior, Rehab, SCDP Assisting Cities, Redevelopment, Marketing, Funding, Coordinate Projects Administrative Services Assisting Businesses Technical Assistance Grant Services Site selection, business finance assistance, business counseling
11 The Regional Focus of Economic
12 Regional Focus WHY COLLABORATION WITHIN THE COUNTY IS IMPORTANT Shared Work Force Share Education / Training Opportunities Housing Options Synergies Business & Industries Corridors of Commerce
13 Regional Focus OPPORTUNITIES TO SCALE ECONOMIC DEVELOPMENT EFFORTS Understand fiscal ramifications Identify Common Ground Between Government Units Prioritize Desired Outcomes
14 FOR MORE INFORMATION Deanna Kuennen, Rice County Economic Director ~ dkuennen@co.rice.mn.us ~ ~
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