Introducing 

Prezi AI.

Your new presentation assistant.

Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.

Loading…
Transcript

Currents

Structure

Proposal

Proposed Structure

Next Steps

End

Product

Road to Success:

January 14, 2014

Economic Development Restructuring

Proposal

501c(3) Structure

Form New Organization

  • Allow for increase in private funding
  • Another entity eligible for grants
  • Tax deductible contributions
  • Merge the Dorchester County Economic Development Board with the Dorchester County Development Corporation to form an integrated public-private partnership organization

Consist of

Public-Private Representatives

  • Public: County, Municipalities, Schools

  • Private: Appointees from Chambers and the business community

It is important to have a cross section of community representation on the Board to make the connection between the needs of business and industry, as well as those that provide workforce and infrastructure to make them successful.

Allow for increase in private funding

Another entity eligible for grants

tax deductible contributions

Next Steps

Set goals & objectives for new board

County Council approves formation of the new organization

EDB recommends dissolution to County Council

4

2

6

3

1

5

DCDC agrees to dissolve and transfer new assets to the new organization

Both groups recommend new structure to County Council

Formulate by-laws for new partnership

Conduct fundraising campaign

=

EDB

+

Two Organizations

DCDC

Current Structure

Challenges

How did we get here?

  • Bureaucracy in approval of incentives
  • Limitations on private fundraising
  • Budget constraints
  • Recommendation for Strategic Plan
  • Committee appointed by current stakeholders
  • Review of various EDO structures by Crystal Morphis
  • Best practices session with Jerry Howard, President & CEO of the Greenville Area Development Corporation

Checking the Boxes

ACS Staff Member

Proposed Structure

Level 1: Public Sector Members

  • County Council: Two members of Council appointed by County Council for a two-year term, limited to two consecutive terms.
  • County Administrator
  • Municipal Seat: One seat for the municipalities of Dorchester County that will be chosen based on geographic areas of the County and rotated annually. Geographic regions are:

Summerville/North Charleston

Harleyville/Ridgeville

St. George/Reevesville

Mayors of the region to choose between the two municipalities which

Mayor is seated on the board.

Level 2: Private Sector Members

Level 3: Ex Officio (Non-Voting) Seats

  • Education: Two seats reserved for the Chairman or Superintendent of Dorchester District Two and District Four.

  • Two seats reserved for the CEO's of the Tri-County Chamber of Commerce and the Greater Summerville/Dorchester Chamber of Commerce.
  • Initial board will be larger and consist of current EDB & DCDC members.

  • Seven Members

  • Selected by a nominating committee and approved by the Board of Directors

  • Two-year terms, with a two-consecutive term limit

Organizational Development

- Organizational steering committee has met

and developed a recommendation.

Business Retention & Expansion

- Hosting first BRE team meeting this year

- Completed workforce study of existing industry

Marketing

- Developed testimonial videos for the website

- Developed mobile linkages to testimonial videos

- Attended trade shows with Allies in target areas

Product Development

- Water and sewer to the Winding Woods Commerce Park is

under construction and estimated to be completed in March 2013.

- A sewer diversion project for the Ridgeville area is currently in the design and engineering phase to provide service to the Ridgeville Commerce Park.

- Currently working to identify "Priority Investment Areas" within the County for retail and commercial development

- Currently negotiating with a developer to build a speculative

building in the Pine Hill Business Campus

Business & Education Partnerships

- Developed Work Ethic pilot program to be implemented this semester at Woodland High School and DCCTC

Retail Recruitment & Development

- Hired Community Development Manager to focus on implementation of retail strategy and recruitment

Learn more about creating dynamic, engaging presentations with Prezi