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Vermont’s Downtowns Opportunities to Advance Creativity, Innovation and Entrepreneurship Vermont Downtown Networking Meeting February 7, 2014

Five Trends Shaping the Future of Creativity in Vermont's Downtowns

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The Office of the Creative Economy provides support to Vermont's creative industries and seeks to cultivate a thriving ecosystem. Vermont's downtown's play an essential role; here are five trends to watch.

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Page 1: Five Trends Shaping the Future of Creativity in Vermont's Downtowns

Vermont’s DowntownsOpportunities to Advance Creativity, Innovation

and Entrepreneurship

Vermont Downtown Networking Meeting

February 7, 2014

Page 2: Five Trends Shaping the Future of Creativity in Vermont's Downtowns

Introduce the OfficeShare key ideas shaping our workStart the conversation - Learn from your experience- Identify bottlenecks, opportunities

Goals

Page 3: Five Trends Shaping the Future of Creativity in Vermont's Downtowns

“Between the Tigris of I-91 and the Euphrates of Rt 7”

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ORVIS

Page 5: Five Trends Shaping the Future of Creativity in Vermont's Downtowns

“The office of creative economy is created within the agency of commerce and community development in order to build upon the years of work and energy around creative economy initiatives in Vermont, including the work of the Vermont film commission.”

Origins

H.287 passed in 2011 legislative session

Page 6: Five Trends Shaping the Future of Creativity in Vermont's Downtowns

* Architecture, Publishing, Music

Film and new mediaSoftware and game developmentAdvertising and new mediaManufacturing artsArts and cultural organizations

Focus

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* Policy advisory, policy development

NetworkingMarketing and promotionTechnical assistanceResearch

Key Activities

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Page 9: Five Trends Shaping the Future of Creativity in Vermont's Downtowns

= +

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Economic GrowthIncentive

Procurement TechnicalAssistance

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* Policy advisory, policy development

Creative economy benchmarkingBest practicesTrends

Research

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The Trends

Independent workforce

The DIY makers

New forms of finance

The new workplace

A networked ecosystem

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Source: MBO Partners 2013

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How we define and talk about “the workforce”How we frame opportunities - for workforce development, investment, etc

Implications

Page 15: Five Trends Shaping the Future of Creativity in Vermont's Downtowns

Source: ArtisansAsylum.com

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How we think about “appropriate use” for downtown facilitiesHow we define “where innovation happens”How we think about skilling up our workforce

Implications

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$1m

$660k

$540k

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How we think about and describe the funding landscapeHow we define “engagement” in downtown initiatives

Implications

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New ways to attract workers - and spenders - downtownBringing a new narrative - new stories - about the “who” and the “what” downtownNew spaces for convening the public around ideas

Implications

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Economic GrowthIncentive

Procurement TechnicalAssistance

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If you’re not part of the ecosystem, you’re probably not part of the conversation.

Implication

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Growth support

Startup finance and support

Idea generation and concept development

The ecosystem is the conversation...

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