southern vermont economic development zone
TRANSCRIPT
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Southern Vermont Economic Development Zone
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Southern Vermont Timeline
EarlyCollaborations
• Pre-floodcollaboration:MollyStark
• FloodRecoveryEfforts• CDBG-DR• SoVermontMarketing
PlanningTogether
• 2015SouthernVermontZoneestdbylegislature
• 2015ZoneReportissued• 2017USDARCDISouthernVTEconomyProjectFunded
• 2017SouthernVTJointCEDSprocessapproved• 2018CEDSfundedbyEDA
CurrentCollaborations• USDA RCDI funded SVEP – capacity building
including Economic Development Summit
• 2018 USDA RBEG SoVermont
• 2018 DOL Internship
• 2019 CEDS
• 2019 CEDS Project acceptance, review & ranking
• SouthernVermontEconomicSummit
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WHY?
SouthernVermontChallenges• ShrinkingPopulation(FasterthanVermont)
• ACCDProjection-down3.5%by2030(RestofVT-Downby.5%)• AgingPopulation
• ACCDProjection-30%ofPopulation>65by2030(2010Census-17.6%)
• JobsUnfilled,YetPeopleLooking• Dec2013-Dec2014VTJobLink7028positions-3805JobSeekers• However,netemploymentonlyroseby500(+650Windham,-150Bennington)
• TourismRevenuesReboundingMoreSlowlyThanNorthernVT• Rooms&MealsTaxReceipts(NWVT-+35%;SouthernVT-+11%)• RetailSales(NWVT+4%;SouthernVT-11%)
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Southern Vermont Economic Development Zone Formed by VT Legislature
**SouthernVermontEconomicDevelopmentZone***
Sec.F.2.FINDINGSANDPURPOSE(a)TheGeneralAssemblyfinds:(1)theAgencyofCommerceandCommunityDevelopmentprojectsthatthe44VermonttownsservedbythetwomostSouthernregionaldevelopmentcorporationsandregionalplanningcommissionsinVermontwilllose3.5percentoftheirpopulationby2030andthatthetotalpopulationofofageinthiscombinedregionwillincreasefrom17percentin2010to30percentin2030;(2)thenumberofvisitorstotheSouthernVermontvisitorcenterhasdecreased25percentsince2006;(3)since2006,growthintheregion’sroomsandmealstaxis10percent,ascomparedto25percentintheChittendenCountyregion;(4)therateofresidentialconstructionintheregioniscurrentlyhalfoftheprerecessionlevel;(5)thetwoSouthernVermontregionshavecollaboratedonbusinessrecoveryprogrammingafterTropicalStormIrene,includingdevelopmentofindividualizeddowntownandvillagerevitalizationplansanddevelopmentoftheSouthernVermontSustainableMarketingprogram;and(6)thetworegions,havingalsoworkedtogetheronsomeworkforcedevelopmentandinternshipinitiatives,areseekingtoestablishamoreformalstructurefortheirworkforceandrecruitmentefforts.
(b)ThepurposesofSecs.F.3andF.4ofthisactare:(1)toestablishofficiallyaSouthernVermontEconomicDevelopmentZonecomprisingofthegeographicareasservedbytheBrattleboroDevelopmentCreditCorporationandtheBenningtonCountyIndustrialCorporation;and(2)toestablishastudycommitteethatwillassisttheGeneralAssembly,theGovernor,andpartnerswithintheZoneinestablishingareplicableframeworkforregionalcooperationbyandbetweenpublicsectorandprivatesectorpartnersconcerningeconomicdevelopmentinitiatives;workforcetraining,retention,andrecruitment;andsustainablebusinessinvestment.(c)(1)TheGeneralAssemblyacknowledgesthechallengesinSouthernVermontandintendsforthisformaldesignationtoaccelerateeconomicdevelopmentinitiativesthatareunderwayorareneededinthefuture.(2)TheGeneralAssemblydoesnotintendthattheZoneincurrentorfutureyearswillbearecipientofGeneralFundappropriations.Rather,theintentoftheZoneistocoordinatetargetedinvestmentthroughpublic-privatepartnershipsfromotherfundingsourcesifavailableandtofacilitateeconomicgrowththroughregionalcooperation.
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Southern Vermont Economic Development Zone
CommitteeConvenedZoneCommitteemembers●Governor'sappointee:WayneGranquist,Weston(CommitteeChair);●Speaker’sappointees:○fromBenningtonCounty-MichaelKeane,Bennington;○fromWindhamCounty-LisaSullivan,Wilmington;●Senateappointees:○fromBenningtonCounty-Dr.MarikoSilver,BenningtonCollege;○fromWindhamCounty-TomCain,Brattleboro;○fromBrattleboroDevelopmentandCreditCorporation-AdamGrinold;○fromWindhamRegionalPlanningCommission-ChrisCampany;○fromBenningtonRegionalDevelopmentCorporation-PeterOdierna;○fromBenningtonRegionalPlanningCommission-BillColvin.
ReportIssuedDec2015
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SoVermont Collaborations
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Molly Stark Byway
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Tropical Storm Irene Flood Recovery
• TheCreationofBusinessResourceServiceCenters
• AssistancewithDowntownandVillageCenterRevitalizationPlanning
• DevelopmentofaSouthernVermontSustainableMarketingStrategy
• CDBG&EBAC
WindhamRegionalCommission(WRC)andBenningtonCountyRegionalCommission(BCRC),alongthecorrelatingRegionalDevelopmentCorporations,theBrattleboroDevelopmentCreditCorporation(BDCC)andtheBenningtonCountyIndustrialCorporation(BCIC)appliedforandreceivedfundingfromtheU.S.EconomicDevelopmentAdministrationDisasterRecoveryGrantprogram.inDecemberof2012.
Wilmington,VTduringTropicalStormIrene.Photo–BurlingtonFreePress
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CDBG-DR Helping Small Businesses & Their Employees to Recover
CDBG-DR:AfterTropicalStormIrene,BDCC,withtheSpringfieldRegionalDevelopmentCorporation,administeredtheCDBG-DRBusinessAssistanceProgramtoWindhamandWindsorcountiestoaddressdocumentedunmetrecoveryneeds.Businessownersparticipatedinacompetitiveprocess.Over$2mmwasawardedto63businessesforfacility,equipmentandsiterepair,cleanupandrestorationneededtorestartdamagedbusinesses.Thiscombinedwithleveragedfundingfromcharities,businessowners,andregionalandstatepartnersbroughtover$8mmtoCDBG-DRefforts.Approximately2/3ofrecipientswereLow-to-ModerateIncome.
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SoVermont: A Regional Marketing Campaign to Attract New Visitors & Residents Post-Disaster+
SecuredFundingtoDevelopFundamentals:
• Brandlogo,lookandtagline• Strategybuilding(web,print,billboardmarketing)
• Research–whatis“SoVermont”?!
• “Sustainable”collaborativeapproach(beingusedtoday)
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USDA RCDI: Southern Vermont Economy Project
• CapacityBuildingfortheregion,targetedtothemosteconomicchallengedcommunities:
• Coreactivities:Specialconferences,webinars,trainings
SVEP In 2016 BDCC was awarded $230,000 from the USDA Rural Community Development Initiatives to increase economic development capacity in Windham and Bennington Counties, one of 23 RCDI awards nationally. BDCC provided training, webinars, small conferences and technical assistance, on a variety of topics. Its largest event, the SoVermont Economic Development Summit had over 200 attenders last year and won an international best practices award in 2018 from the International Economic Development Council (IEDC).
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SVEP Southern Vermont Economy Project
• SmallConferences:• FinancingtheWorkingLands• Grantwriting• ConnectivitySummitsI&II
• DozensofWebinarsandtrainingsonline
• TargetedtrainingsforTownOfficials
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SVEP: Annual Economic
Development Summit
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USDA RBEG SoVermont Marketing 2018-2019
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SoVermontSustainableMarketing&RecruitmentProject• Basedonusingsharedbrandandcross
connectionstoincreaseawareness,audienceandimpact.
• OneexampleofanemployerusingthebrandandlinktoSoVermont.cominrecruitmentcommunications.
COLLABORATIVEMARKETINGPARTNERSBenningtonCollegeSouthwesternVermontHealthCare,BenningtonDorsetTheatreFestival,DorsetMSKEngineering&Design,BenningtonDaileyPrecast/PeckhamIndustries,ShaftsburyTPWRealEstate,ManchesterTownofBennington,BenningtonTheBankofBennington,BenningtonMegStreeterRealEstate,WilmingtonGreenRiverSoftware,Brattleboro
MondoMediaworks,BrattleboroNewChapter,BrattleboroMountSnow,DoverBartleby’sBooks,WilmingtonBrattleboroRetreat,BrattleboroWilmingtonWorks,WilmingtonNECCACircusArts,BrattleboroHermitThrushBrewery,BrattleboroCommonwealthDairy,BrattleboroMarlboroCollege
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Vt DOL 2019 SoVermont Paid Internships
• BDCChasamatureprogramwithdozensofparticipatingbusinessesandoutreachtoalmost30campusesandjobfairsannually
• BCRC/BCIC&BDCCarenowworkingtogethertoimplementbestpracticesinBenningtonbasedonBDCC’sprogram,toraiseinternactivityacrossSouthernVermont
94 BDCCInternsdirectlyplacedlastyear25% offered&acceptedemploymentafterinternship
$55,000 earnedbyBDCCInternslastyear
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EDA Joint CEDS (Comprehensive Economic Development Strategies)
• 15PublicMeetingsin
• 5locationsaroundtheZone
• 8SectorFocusGroups
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CEDS Annual Project Submissions & Rankings
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Why Work Together?
• “SouthernVermont”isnotasingleentity,butratherabroadregionalcollaborationofRPC’s,RDC’ssimilartotheNorthernDistrictandtheWindsor/Centralregion.
• Weeachhaveuniqueneedsinourregionsthatneedlocalregionalfocusandtheindividualorgsstillhaverolesandresponsibilities
• TheRDCswillstillusetoolslikeVTPandVEGItoexpandoureconomicimpact
• Butwealsoseeopportunitiesthat,byworkingtogether,wecantakeadvantageofbecauseofourSCALEandCAPACITY.
• TheZONEgivesusmoreTOOLS,andinruralregionaleconomicdevelopmentwehavesofew
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What’s next for Southern Vermont?
NowthatwehaveaCEDSplanwehavemoreabilitytoaccessresources
usingourlargerscaleandcapacity,suchas
forminga
NorthernBordersLocalDevelopmentDistrict,whichcan
serveas
EDA-EDD(EconomicDevelopment
District)oncethat’sapproved