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Dayton Development Coalition

Annual Review for Economic Development and Advocacy

Dayton Development Coalition

on 14 March 2013

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Transcript of Dayton Development Coalition

In 2013 the Coalition will launch a new initiative to measure economic development strengths and opportunities for improvement. Measuring jobs is merely one dimension to assessing industry performance, and is oftentimes an indirect result of other economic development factors. Factors like exports, workforce availability, government contracts, access to R&D, etc.

The Innovation Index ( ) will measure indicators impacting economic growth and evaluate the region by multiple indicators annually. In 2013 the Coalition will develop the baseline index and engage regional economic professionals, local and state officials, businesses and academia to develop strategies based on the strengths and future opportunities identified in the inaugural report. In 2012 the Dayton Region
officially launched JobsOhio West. This initiative built upon a strong foundation of economic development opportunities.

The regional team completed 35 projects representing more than 3,000 new jobs, the retention of 7,600 jobs, and $412M in capital investment. Leveraged Investment Commercial Growth Entrepreneurial Development Speaking with one voice Advocating for the Dayton Region takes many forms. From the Community Leader Washington, D.C. Fly-In to protecting our federal installations, speaking with one voice is a year-round collaboration. Dayton Development Coalition 2012 Annual Review for Economic Development and Advocacy WWW.DAYTONREGION.COM The Entrepreneurial Signature Program (ESP) has, to date, achieved the following results: These outcomes have been the direct result of collaboration at every level of the community and local, state, and federal government. Since the Coalition began measuring its
impact on behalf of its stakeholders
in 2005, it has leveraged $157 for every
$1 spent. Size of bubble represents number of recruitment and expansion projects receiving state incentives. 2012 Highlights: Drafting a Comprehensive Economic Development Strategy (CEDS) A CEDS is a plan required for communities to receive funding from the Economic Development Administration (EDA), a division of the U.S. Department of Commerce.

A CEDS helps communities organize activities to establish goals and priorities that help strengthen their local economies.

A regional CEDS expands the region’s eligibility for EDA funding and allows our communities to quickly respond to needs and opportunities as they arise throughout our 14-counties. Located at Wright-Patterson Air Force Base (WPAFB), AFIT is an important asset to the Air Force and the region. Continual efforts are necessary to support the institution, particularly in an era of budget cuts.

The Coalition has worked with members of the Ohio Congressional delegation to support legislation that would strengthen defense-focused graduate education in engineering, science, and management, including AFIT, and to increase visibility for AFIT’s role in national defense.

The Coalition also supported legislation to expand the authority of AFIT to enroll defense contractors, which will add to AFIT’s revenues and student base. Securing Congressional support for the Air Force Institute of Technology (AFIT) The manufacturing industry for the UAS market is set to mushroom except for one major factor—the FAA restricts operations of UAS within the National Airspace Systems (NAS).

The Coalition has been working with members of the Ohio Congressional delegation to provide statutory direction to secure an “enduring relationship” among the Air Force Research Laboratory (AFRL), Federal Aviation Administration (FAA), and the National Aeronautics and Space Administration (NASA) to perform collaborative research at AFRL on integrating UAS into the NAS. Statutory support of Unmanned Aircraft Systems (UAS) research collaboration Targeted Industries The targeted growth industries make up 27% of all jobs in the region and are indirectly responsible for 44% of all other jobs supporting the supply chain and the increase in consumer spending of the workforce. The combined direct and indirect impact of the targeted industries account for ~70% of the Dayton Region jobs and highlights the importance of continued growth and expansion in these clusters. Innovation Index assessment of key indicators impacting economic growth Building Opportunities in 2013 and Beyond 2013 will be a foundational year for several key initiatives. The Dayton Development
Coalition in 2012
Board & Executive Committee
Elected Delegation
2012 sponsors Fund distribution places ESP in the top quartile compared to its national peers 5 portfolio exits $13:1 leverage ratio ("A" Metrics: Investment & Services) 454 initial jobs BACKGROUND IMAGE BY ROBIN FELD 2012 UAS Conference by the numbers
476 attendees representing:
3 continents
22 states
13 colleges
130 companies
Leaders from the Departments of Defense and Homeland Security, FAA, USAF, and NASA Register now for the 2013 conference:
April 23-25, 2013 http://www.ohiouasconference.com/index.html The Coalition has established a Federal Retention Program for Ohio to prepare for potential Department of Defense budget cuts and future Base Realignment and Closure (BRAC) actions. The State of Ohio has announced that it is creating the Ohio Unmanned Aircraft Systems (UAS) Center and Test Complex to serve as a single-point resource for government, industry, and universities seeking to conduct research, train personnel, and develop the technologies and procedures to safely integrate UAS into the National Air Space (NAS.)

Ohio Governor John R. Kasich and Indiana Governor Mitch Daniels have agreed to jointly seek designation by the FAA as one of six test range sites under a five-year program created by Congress to accelerate the safe integration of unmanned aircraft systems in the NAS. The National Composite Center (NCC) and Airbus signed an agreement on October 24th, 2012 to collaborate with NCC and the Dayton Development Coalition in support of Ohio aerospace businesses by creating a centralized “Hub” in Dayton. This Hub will help advance Ohio materials manufacturing technology. In 2013 the first two phases of a Dayton Region Capital Continuum will be firmly in place. The continuum will continue to expand in 2014 and beyond to Seed Investments and Growth and Expansion funding. ESP Company Job Growth $194 million in outside market validation ("A" Metrics) initial jobs = created or retained by ESP companies
direct jobs = created to directly support the ESP companies
indirect = created to support the ESP company supply chain
induced = created as a result of increased consumer spending " " " " " " " " " " " " For the details on the lists below click here: http://www.daytonregion.com/2012-annual-meeting-overview/ The background image of this presentation could take ~20 seconds to load. If your next click leads to a black screen, allow time for the image to load.
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