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Aw
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Campaign Cabinet• Sarah Gardial * Chair Dean of the
tippie College of business
• Charlie Funk * Chair president/CeO midWestOne bank
• kate Minette * Chair Former Senior Vice president at pearson
• leiGhton SMith Director of Client Services bergan KDV
• adaM inGerSoll Co Founder and principal of Compass education group
• ravi Patel president Hawkeye Hotels
• Matt hayek attorney Hayek Law Office and Former iowa City mayor
• Mike hahn mcComas-Lacina Construction
• lura MCBride president and CeO Van meter
• kathryn kunert Vice president midamerican energy
• Jerry Waddilove president and CeO Southgate Companies
• Marten roorda CeO aCt
• JiM Conard Senior Vice president West bank
• tony Bedard CeO Frontier Co-op
• StePhen Murley Superintendent iowa City Community Schools
the iowa City area
Development group will
create, collaborate and
lead regional economic
development initiatives
that contribute to the
creation and growth of
companies, wealth and
quality jobs through a spirit
of innovation and a culture
of sharing that transforms
knowledge into economic
opportunity.
We will drive innovation and build an economic environment for the future through entrepreneurial
development, targeted business recruitment, existing industry programs, workforce attraction
and retention, and a new innovative education collaborative.
2030 CaMPaiGn (2018-2021)
WHere We are nOW
The past four years were successful for the Iowa City Area Development Group. The organization’s core programming contributed to positive outcomes with 41 individual projects and resulted in 1407 new and retained jobs and 16 new interstate commerce companies.
DeStinatiOn
DeSign by benSOn anD HepKer DeSignprinting by truart COLOr grapHiCS
COntinue Our SuCCeSSFuL Campaign
tO attraCt, retain, anD eXpanD buSineSSeS in
Our COmmunity
$4 million over 4 years
Start new initiatives with an increase in angel
investment capital to ensure entrepreneurial success within
our community
recruit businesses and jobs in the region
retain and recruit the workforce for the future
enhance the image and awareness of iCaD locally and
regionally; support strong investor relations program
The partnership with my college and ICAD has been incredibly
important. Our students have generously benefited from being
able to graduate from campus into ICAD to continue to develop their
ideas and receive support.
S a r a H g a r D i a L , C H a i rD e a n O F t H e t i p p i e C O L L e g e O F b u S i n e S S
ICAD has its eye on the entire region which is incredibly important as we grow people and great ideas. I support
ICAD’s commitment to supporting the business education connection. A strong education system begets a
strong economy going forward. K at e m i n e t t e , C H a i r
F O r m e r S e n i O r V i C e p r e S i D e n t at p e a r S O n
Fy2017 bOarD OF DireCtOrS
kiM BeCiCka, iCaD group Chair, Kirkwood Community CollegetoM Goedken, iCaD group past Chair, aCt, inc.Paul BurnS, bradley & rileyProvoSt P. Barry Butler, university of iowakiM CaSko, iowa City area Chamber of CommerceShari deMariS, Hills bank & trust CompanySCott FiSher, mcCrossen Consulting LLCGeoFF Fruin, City of iowa CityJohn thoMaS, City of iowa City City CouncilMiChal eynon-lynCh, pear DeckMike hahn, mcComas-Lacina Constructionkelly hayWorth, City of Coralvilleryan heiar, City of north LibertyCurt heideMan, uS bankMike heinriCh, mercy iowa Citydavid henSley, university of iowakenneth kateS, university of iowa Hospitals & ClinicsdariCe keatinG, aCt aspireChriS klitGaard, medirevvkathryn kunert, midamerican energyPhil larSon, Shive-HatteryMarty lenSS, the eastern iowa airporthaSS MaChlaB, innovative Software engineeringtrey Martin, integrated Dna technologiesMike MCCleary, procter & gamble/Oral-b Laboratoriestodd MeanS, midWestOne bankJerry MeliCk, Liberty CommunicationsSteve Murley, iowa City Community School Districtdaniel reed, university of iowaMike CarBerry, Johnson County board of SupervisorsSCott WilSon, university of iowa Community Credit union
grow businesses and jobs in the region
$800,000 over 4 years
$800,000 over 4 years
$600,000 over 4 years
$1 million over 4 years
$600,000 over 4 years
innovative education collaborative
$200,000 over 4 years
WHere We are gOing
In 2016, ICAD participated in JPEC’s venture school and conducted customer discovery with over 75 community partners and investors. Through that process we learned what our partners and investors want to see from our economic development strategy moving forward. These were the top 5 values that were consistently reported:
innovation
ContriBution
CoMMunity
CollaBoration
ConneCtivity
• a vision for building an economy of the future
• a vision for bridging people and ideas
• a vision of the future by leveraging partnerships
• a vision of a prosperous future for everyone
• a vision of proactive investment where every person and dollar advances economic development in the iowa City area
Our company has been an investor in ICAD since its inception.
We don’t look at our investment as an expense but rather
as an investment.C H a r L i e F u n K , C H a i r
p r e S i D e n t / C e O m i D W e S t O n e b a n K
L e V e L O F g i V i n g i n F O r m at i O n a n D i n V e S t O r b e n e F i t S
you are invited to become an investor in the iowa City area Development group and partner with us as we pledge to continue to do all that we can to promote quality growth and economic opportunity in the iowa City area.
your partnership and support will allow us to follow our mission and have a direct impact on the area’s future growth and development, but most of all enhance the region’s quality of life. your membership also includes a wealth of benefits to help you and your business.
a L L i n V e S t O r b e n e F i t S :
CoMMuniCation• iCaD communicates regularly regarding local
programming and development activity• access to advance labor and demographic information
and special iCaD publications• Opportunity to serve on iCaD group board Committees
enhanCed viSaBility• business to business connections: access to iCaD affiliated
companies and programs• invitation to networking events including: annual
Celebration, four investor Council meetings per year and iCaD sponsored events
reCoGnition• Opportunity to have your site or building featured
on the iCaD website• recognition in iCaD’s annual advertisement in the
Corridor business Journal• Opportunities to support new and expanding local
business
L e V e L S O F i n V e S t m e n t & a D D i t i O n a L b e n e F i t S :
$50,000 and aBove• iCaD to highlight your business successes & events within
our social media platforms• Opportunity to serve on iCaD board of Directors with
priority as positions open• recognition as a Lead investor for the merge space
scheduled to open in 2017• Opportunity to serve on innovative education Collaborative
with priority as positions open• naming right opportunity at merge space scheduled to
open in 2017
$10,000–$49,999• iCaD to highlight your business successes & events within
our social media platforms• Opportunity to serve on iCaD board of Directors with
priority as positions open• recognition as a Lead investor for the merge space
scheduled to open in 2017• Opportunity to serve on innovative education Collaborative
with priority as positions open
$5,000–$9,999• iCaD to provide community tours with executive level
candidates and aid in recruitment• exclusive invitations to new and future client receptions• Opportunity to serve as a Community ambassador for
visiting or expanding companies• Opportunity to participate in critical strategy groups for
local economic development
$2,500–$4,999• access to iCaD Senior Staff for council and/or
communications on economic developments
$1000• business listing in iCaD membership directory, website,
and opportunity to be featured in our “new investor” section of our newsletter
$500 • Startup membership for new companies (2 year maximum)
D r i V i n g i n n O Vat i O nICAD is taking a forward thinking approach to workforce in our region. We need more jobs, but we also need more people, and people are drawn to great places. The place-making and recruiting efforts that ICAD creates helps to address one of the most significant pain points
facing our clients today – quality workforce. BerganKDV is proud to invest with ICAD for the good of the region, our team, and our clients.L e i g H t O n S m i t H , J D m b a , D i r e C t O r O F C L i e n t S e r V i C e , b e r g a n K D V
B u S i n e S S r e t e n t i o n a n d
e X Pa n S i o n
O b J e C t i V e Continue our successful
campaign to retain and expand businesses in our community.
assist
19 existing interstate commerce
companies with expansion retention projects contributing
1,100 high quality jobs.
K e y S t r at e g i e S• utilize our award winning existing
industry program
• Connect company leaders to Kirkwood’s regional sector boards
• understand future trends in space, capital and labor
• identify key partnerships, suppliers and collaborators
LEAD STAFF MARK NOLTE
ta r G e t e d B u S i n e S S
r e C r u i t M e n t
O b J e C t i V e grow and recruit businesses and jobs in the region representing
targeted sectors.
attract
10 targeted interstate commerce
companies creating
650 high-quality jobs.
K e y S t r at e g i e S• Work with university of iowa and
existing companies to develop leads in the targeted sectors
• promote regional assets and resources to targeted companies
• Work with joint venture and the Corridor business alliance to market regionally and respond locally
• explore matches between university of iowa research competencies and nascent growth industries
LEAD STAFF TOM bANTA
entrePreneurial develoPMent
O b J e C t i V e Start new initiatives with an
increase in angel investment capital to ensure entrepreneurial
success within our community.
assist
15 new interstate commerce companies will be created
adding
250 high quality jobs in the
short-term.
K e y S t r at e g i e S• provide entrepreneurs with the
resources needed to succeed
• Collaborate with the university of iowa John pappajohn entrepreneurial Center (JpeC) to support entrepreneurs and ensure quality programming at merge for entrepreneurs
• Work with JpeC and partners to increase the amount of angel investment capital available
LEAD STAFF ANdRE wRighT
W o r k F o r C e d e v e l o P M e n t
O b J e C t i V e address regional workforce challenges through a Joint
Venture with the Cedar rapids economic metro alliance.
total employment in the area will increase
6% to more than
100,000 people by the place of work.
K e y S t r at e g i e S• Support marketing efforts to
attract new workers to the region
• assist existing employers to retain incumbent workforce
• Develop strategy to retain more students post graduation
LEAD STAFF dALAyNE wiLLiAMsON
CoMMuniCationS, PartnerShiPS and
adMiniStration
O b J e C t i V e enhance the image and
awareness of iCaD locally, regionally and internationally;
and facilitate ongoing partnership and collaborative
activities.
K e y S t r at e g i e S• assist Joint Venture in regional
marketing and branding efforts
• manage investor relations program to keep investors engaged and informed
• Create customized material for targeted industry recruitment and headquarter visits
• manage the iCaD brand and work collaboratively with iowa City area Chamber, iowa City Coralville Convention and Visitors bureau and the iowa City Downtown District
LEAD STAFF ERiN pOTTEbAuM
W o r k F o r C e P i P e l i n e
O b J e C t i V e iCaD will work with its partners to play a key role in building a stronger working relationship
between our education systems and the business community.
the innovation education Collaborative will be a joint effort between iCaD and its partners and investors who
are passionate about creating innovative approaches to
education for the 21st century.
K e y S t r at e g i e S• Support efforts at merge, the
CoLabs, community centers and within the schools to increase exposure to software coding competency
• Support career exploration and facilitate the connection between businesses and education
• Connect educators with businesses to find mentors, speakers and projects
• build a collective voice between education, business and community members
• explore pilot projects and demonstrations to evaluate and promote new educational technology programs
LEAD STAFF KATE MORELANd
n e W i C a d i n i t i at i v e
Our team works continually to support the companies and entrepreneurs who are creating jobs and vitality that our communities
rely on. We are outpacing national trends for economic growth and continue to be progressive. We want to keep driving innovation and
ensure our future is strong and sustainable. m a r K n O Lt e
i n C r e a S e y O u r i n V e S t m e n t L e V e L a n D i C a D W i L L :inCreaSe taLent reCruitment anD retentiOnSuppOrt entrepreneurS at mergeSuppOrt innOVatiOn anD StrengtHen COnneCtiOn betWeen buSineSSeS anD SCHOOLS
15% 20% 20% 25% 15% 5%