IEDC NEWS Link:  IEDC Home

August 11, 2014

Link:  IEDC on Facebook Link:  IEDC on LinkedIn Link:  IEDC on Twitter

IN THIS ISSUE:


- Economic Development Finance Programs Training in Chicago
- Remaining Professional Development Opportunities in 2014
- Annual Spotlight: Using BRE to Prepare for and Mitigate Disasters
- Scholarships to Annual Available to Young Professionals & Students
- Transforming Sustainability into an Econ Dev Strategy: Sept Webinar
- Free Podcast on Microbusinesses and Your Community
- IEDC Releases Free Toolkit for Economic Recovery and Resiliency
- Partners
- August 11 Job Listings


We're Bringing Our Economic Development Finance Programs Training to Chicago


Economic Development Finance Programs
September 3 - 5 | Chicago, IL

The core objective of this analytical course is to explain the financial tools used to stimulate private sector investment that results in the creation of permanent, private sector jobs, increased productivity and improvement in the local tax base. Specifically, the course will review current debt, equity, grant and incentive-based financing programs that are accessible to practitioners both rural and urban. Moreover, course participants will learn how to calculate debt/service ratios, cash on cash rate of return, capitalization rates, underwriting ratios, debt coverage ratios and similar financial tools used to identify project feasibility. Course instructors will also spend time teaching how potential investors measure return on investment (ROI) how lenders evaluate risk. Participants will have an opportunity to work through multiple case studies in order to solidify their knowledge of the finance programs.

Instructor:

Kevin Gremse
Director
National Development Council



Remaining Professional Development Opportunities in 2014

View a PDF or the Professional Development page of IEDC's website for detailed course information


Upcoming Training Courses Include:

- Aug 14-15: Economic Development Marketing and Attraction, Atlanta, GA
- Aug 21-22: Business Retention and Expansion, Indianapolis, IN
- Sept 3-5: Economic Development Finance Programs, Chicago, IL
- Sept 18-19: Economic Development Strategic Planning, Baltimore, MD
- Oct 1-3: Introduction to Economic Development, Toronto, ON
- Oct 9-10: Real Estate Development & Reuse, Atlanta, GA
- Oct 15-17: Economic Development Credit Analysis, Fort Worth, TX
- Oct 30-31: Entrepreneurial and Small Business Development Strategies, Edmonton, AB
- Nov 6-7: Real Estate Development and Reuse, Lansing, MI
- Nov 13-14: Business Retention and Expansion, Chapel Hill, NC
- Dec 4-5: Technology-led Economic Development, Phoenix, AZ



Annual Conference Panel Spotlight: Using Business Retention to Prepare for and Mitigate Disasters


Register before September 5 and save on your registration rate!

An expert panel of industry leaders will discuss the application of business retention and expansion (BRE) strategies as the underpinning for preparedness and response to natural and man-made disasters. Case studies and actual field experience will be used to provide attendees with real world tools to anticipate and, if necessary, mitigate these occurrences. These tools will expand upon traditional BRE concepts to provide a clear roadmap for economic developers in communities seeking to improve their disaster planning and mitigation capacities.

Expert speakers include:

Leann Hackman-Carty
CEO
Economic Developers Alberta
Calgary, AB, Canada

Mickie Valente
President
Valente Strategic Advisers LLC
Saint Petersburg, FL

Dale Wheeldon
President & CEO
Economic Development Association of British Columbia
Chilliwack, BC, Canada



Scholarships to Annual Conference Available to Young Professionals and Students


IEDC is pleased to offer 40 scholarships to its Annual Conference in Fort Worth, Texas, Oct. 19-22, to young professionals and students - the economic developers of the future.

The scholarships cover the cost of conference registration (excluding food, lodging, and added features such as tours). Available to both IEDC members and non-members, the awards represent a value of as much as $955 and are part of a larger effort to involve more young professionals and students in IEDC.

The benefits of attending IEDC's Annual Conference are huge. Young professionals and students will be able to network with over 1,000 economic development practitioners, attend concurrent sessions focused on cutting-edge innovations and best practices in the field, and hear from top business and industry leaders at plenary sessions. As well, attendees will be immersed in the environment of one of the fastest-growing cities in America, a place where innovation, creativity, and youthful energy converge.

The conference includes activities designed especially for YPs and students, such as:

- Young Professional and Student Networking Event (Sun., Oct. 19)
- Young Professional Workshop (Mon., Oct. 20)
- Talent Matters: Recruiting Young People to the Economic Development Profession (Mon., Oct. 20)
- Mini-Mentorship Session (Tues., Oct. 21)

Download the application form and submit all materials by Monday, Aug. 18 to be eligible for consideration. Update: Full time students will have until Friday, September 5, 2014 to submit materials. Application materials and any questions should be directed to Rashad Williams, rwilliams@iedconline.org.

The IEDC Young Professionals Task Force will review all submissions. Scholarship winners will be announced in early September.



Transforming Sustainability into an Economic Development Strategy: September Webinar


A Sustainability Starter Kit for Communities
Thursday, September 11 | 2:30 - 4:00 pm ET

In this webinar, IEDC presents a starter kit that contains the basics of how to "do" sustainable economic development. Communities everywhere can take steps to ensure that their economic development programs are grounded in the principles of sustainability. Further, the strategies to be discussed are useful for all EDOs, regardless of their location, budget, size or function.

Speakers:

Natalie Betts
Recycling Economic Development Liaison
City of Austin
Austin, TX

Marc Coudert
Environmental Program Coordinator
Office of Sustainability, City of Austin
Austin, TX

Philipp Muessi
Co-director, MN GreenStep Cities Program
Assistance Division, MPCA
Minneapolis, MN




Free Podcast on Microbusinesses and Your Community


Should Microbusinesses Matter to Your Local Community?

Microbusinesses are a proven job-creation vehicle and promote economic growth. An Association for Enterprise Opportunity (AEO) report suggests their size and impact has implications for local economic development. Kim Alleyne, at AEO, provides highlights from the report in this Economic Development podcast.



IEDC Releases Free Toolkit for Economic Recovery and Resiliency


Download the toolkit Leadership in Times of Crisis: A Toolkit for Economic Recovery and Resiliency

Developed by IEDC with nationwide input and funded in part by a grant from the U.S. Commerce Department's Economic Development Administration, the Toolkit is designed to benefit a wide range of public and private sector officials working with businesses and industries in the economic recovery process.

Leadership in Times of Crisis provides strategies and tactics for community leaders to focus on for economic recovery and preserving jobs, incorporating useful information for convening private and public stakeholders to identify key economic recovery strategies, tips on how to navigate federal resources for response and recovery, and implementation of recovery initiatives.



Partners


Visit Accrinet's siteAccrinet is a digital agency that assists economic development organizations in leveraging the Web to attract companies into the region, cultivate entrepreneurial efforts, manage and grow membership, raise money, publicize causes and communicate with key constituencies.


Visit Atlas' siteAtlas is a niche economic development marketing and technology firm that helps economic developers effectively reach site selection and prospect audiences while generating the greatest gains in economic development recruitment, retention, and investor activity for the lowest cost. Atlas deliver branding, website development, GIS mapping, marketing strategy, and creative campaigns with a staff experienced in economic development. The exclusive "High Performance Economic Development Marketing Agency Partner for the International Economic Development Council", Atlas' economic development marketing work and technologies have been named among the best in the country by International industry and professional organizations across North America. Led by a former economic development practitioners Atlas has worked with 125+ different economic development clients in 43+ states. Our approach and experience means that our campaigns generate an average of three to as many as ten times the response of other campaigns.


Visit ESRI's siteSince 1969, ESRI® has been giving customers around the world the power to think and plan geographically. The world leader in GIS, Esri technology is used in more than 300,000 organizations worldwide including each of the 200 largest cities in the United States, most national governments, and more than two-thirds of Fortune 500 companies. Esri's Location Analytics suite brings geography and business intelligence together, allowing economic developers to view data in revealing geographic patterns that enable better decision making. Learn more about site selection, business attraction/retention, and demographic analysis. Visit Esri in the exhibit hall and at www.esri.com/econdev.



Job Listings

Openings for the week of August 11


Got openings? Place your job ad with IEDC and get four weeks of exposure to more than 20,000 economic development professionals across the nation and beyond. Simply fill out the online form.

» Visit the Job Center for details on each listing.

August 11, 2014
- Vice President, Economic Development, Green Bay Area Chamber of Commerce (Green Bay, WI)
- Economic & Business Development Director, City of Fayetteville (Fayetteville, NC)
- Economic Development Director, Arlington County Government (Arlington, VA)
- Executive Vice President Economic Development, Jefferson County Economic Development Corporation (Golden, CO)
- Chief Financial Officer, Invest Atlanta (Atlanta, GA)
- President and CEO, Myrtle Beach Regional Economic Development Corporation (Conway, SC)
- Economic Development Director, City of Bellevue (Bellevue, WA)

August 4, 2014
- Executive Director, Shaping Our Appalachian Region (SOAR) (Eastern Kentucky Region, KY)
- Business Attraction Account Manager (BAAM), Wisconsin Economic Development Corporation (WEDC) (Madison, WI)
- Vice President, International Business Development (VP IBD), Wisconsin Economic Development Corporation (WEDC) (Madison, WI)
- Economic Redevelopment Director, City of Winchester (Winchester, VA)
- Vice President, Economic Development, Green Bay Area Chamber of Commerce (Green Bay, WI)
- Assistant City Administrator, City of Wentzville (Wentzville, MO)
- Vice President, Pearland Economic Development Corporation (Pearland, TX)
- International Trade Business Advisor, SBDC at Florida International University (Miami, FL)
- Vice President – Corporate Attraction, Research Valley Partnership, Inc. (College Station, TX)
- International Trade Specialist, SelectUSA (Washington, DC)

July 28, 2014
- President, Knox County Area Partnership for Economic Development (Galesburg, IL)
- Marketing Specialist, City of Falls Church (Falls Church, VA)
- Business Attraction Manager, Virginia Economic Development Partnership (Richmond, VA)
- Executive Director, Prescott Valley Economic Development Foundation (Prescott Valley, AZ)

July 21, 2014
- Assistant Director – Economic Development Corporation, City of Allen (Allen, TX)
- Economic Developer, Town of Mount Pleasant (Mount Pleasant, SC)
- Senior Vice President, Operations & Integration, Greater Phoenix Economic Council (Phoenix, AZ)

Link:  Join IEDC

Upcoming IEDC Events:



Conferences

2014 Annual Conference
October 19-22 | Fort Worth, TX



Web Seminars

Tourism Resources & Strategies for Your Community
August 12

Free: Creating Successful Partnerships with the Private Sector
August 21

A Sustainability Starter Kit for Communities
September 11

Free: Fundraising Strategies for Economic Transformation
August 28

All Together Now! Crowdfunding and Your Community
October 8



Training Courses

Economic Development Marketing & Attraction
August 14-15 | Atlanta, GA

Business Retention & Expansion
August 21-22 | Indianapolis, IN

Economic Development Finance Programs
September 3-5 | Chicago, IL

Economic Development Strategic Planning
September 18-19 | Baltimore, MD

Introduction to Economic Development
October 1-3 | Toronto, ON

Real Estate Development & Reuse
October 9-10 | Atlanta, GA

Economic Development Credit Analysis
October 15-17 | Fort Worth, TX


IEDC Services:


Did You Know IEDC Members Receive a Free Membership to GrantStation? Valued at $699 a year, this is an IEDC member benefit you should use!


New IEDC Members:


City of Irving, TX

City of Eustis, FL

Bristol Virginia Office of Economic Development
Bristol, VA

Deloitte Tax LLP
Chicago, IL

Giddings Economic Development Corporation
Giddings, TX

Greater San Marcos Partnership
San Marcos, TX

Northwest Business Development Services
Michigan City, IN

City of Cathedral City, CA

Cuero Development Corporation
Cuero, TX

Economic Vitality Corporation
Huntsville, TX

City of Portsmouth, NH

Town of Brownsburg, IN

Merced County Economic Development
Merced, CA

EDT Best Practices LLC
Colleyville, TX

City of Coachella, CA

Accent Gold Solutions, LLC
Culver City, CA

City of Griffin Downtown Development Authority
Griffin, GA

Northwest Georgia JDA
Rock Spring, GA

Liberty University
Chesapeake, VA

Granite Falls Economic Development Authority
Granite Falls, MN

City of Seaford, DE


Membership Contact:
Phil Goodwin
(202) 639-9106
pgoodwin@iedconline.org


The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 4,000 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban, and local to international, IEDC's members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public private partnerships, chambers of commerce, universities and a variety of other institutions. When we succeed, our members create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions.

734 15th Street NW, Suite 900 | Washington, DC 20005 | Phone: (202) 223-7800