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Heather Ennis Northwest Indiana Forum 219.763.6303
President & CEO November 1, 2019 [email protected]
NWI Forum
Voice of NWI Business
Marketing NWI as the Place for
Business
Stake out and drive bold initiatives
PLANNING PROCESS
1
What are we missing?
A strong, compelling
regional vision and
economic development
playbook
WHAT’S OUR
MOTIVATION
2
NWI BY THE NUMBERS
-1.1%POPULATION GROWTH
SINCE 2010
-3,417AVG ANNUAL NET DOMESTIC
MIGRATION TO THE REGION
(2011-2017)
-51,681NET COMMUTING FLOW (2015)
61%LABOR FORCE PARTICIPATION
(2017)
2.8%JOB GROWTH SINCE 2010
4.8%UNEMPLOYMENT RATE (2017)
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%
LOTS BEING DONE
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
online survey
VISION & GOALS
3
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.
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
WHAT’S BEEN DONE
4
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
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
INFRASTRUCTURE
• Land Banks
• Lake County is finalizing operating principles
• Will be able to replicate in other areas
• Brownfield redevelopment
• EPA Grant
• Port
• Broadband
• Airport
TALENT
• IT Sector Strategy
• Promoting NWI jobs-in-demand
• Digital Ambassador Programs
• Promoting early learning efforts
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
MEASURE RESULTS
IMPLEMENTATION
5
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
