10 06-03 veb annual spring bod meeting
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VirginiaEconomic
Bridge
A Resourcefor the
CommonwealthAnnual Spring BOD MeetingLockheed MartinManassas, VAJune 4, 2010
Virginia Economic Bridge
Agenda• Welcome and Introductions
• Remarks from Special Guest – Ms. Ibbie Hedrick, Director of Communications & Business Community Liaison, Lt. Governor Bill Bolling
• Remarks from Special Guest – Ms. Gwen Sigda, Northern Virginia Regional Representative for Northern Virginia for Senator Jim Webb
• Remarks from Special Guest – Mr. Scott Price, Director of Constituent Services for Northern Virginia for Senator Mark Warner
• Remarks from Ex-Officio Board Member – Mr. Jim Duffey, Commonwealth of VA’s Secretary of Technology
Virginia Economic Bridge
Agenda• Reading and Approval of the September
15, 2009 Board Meeting Minutes• Treasurer’s Report• Chairman’s Report• Old Business
– President’s Semi–Annual Report with Program/Project Information Updates
Virginia Economic Bridge
…a non profit organization that promotes the economic vitality of
the Commonwealth through business, economic and workforce development
initiatives.
Virginia Economic Bridge
Mission & VisionOur MissionVirginia Economic Bridge, Inc., promotes the economic vitality and external
competitiveness of the Commonwealth through business, industry and educational partnerships between Southwestern Virginia, Northern Virginia and other regions of the Commonwealth.
Our VisionVirginia Economic Bridge, Inc,. will become the advocate of and provide leadership
for: • A Shared Vision for Economic Development in SWVA, NOVA and Other
Locations• A Productive Coalition among SWVA, NOVA and Other Local, State, and
Federal Officers and Business Leaders • A Marketing Campaign which Promotes Needs and Benefits in Bridge
Regions • An Improved Infrastructure for Technology, Transportation and Education
Since 1989, Virginia Economic Bridge, Inc., has been working towards strategic goals that continue to bring together Virginia’s business leaders to build a sense of “common wealth”. Our goal is to ensure that Virginia is prepared to meet the business, economic and workforce challenges of this century and beyond.
Virginia Economic Bridge
Virginia Economic Bridge
Virginia Economic Bridge
What do we do well…?
Tackle the Big Issues!
Virginia Economic Bridge
What do we do well…?• Research
• Recruitment
• Retention
that leads to
Job Creation & Economic Development
VirginiaEconomic
Bridge
A Resourcefor the
Commonwealth
Virginia Economic Bridge
Southwest Virginia’s Shared Heritage with Ireland and Western EuropePromoting the
Economy of Our Region Through Collaborations in
Technology, Commerce,
Education and Tourism
Unleashing the Celtic Tiger
Virginia Economic Bridge
www.VirginiaBusiness.org
Virginia Economic Bridge
Virginia Economic Bridge
Virginia Economic Bridge
Virginia Economic Bridge
Used for training and assessing individuals to become teleworkers
Used as mediator between companies looking to hire independent contractors
Will aggregate efforts of multiple sites and organizations to attract and retain individuals able to telework in the region
Site for regional resources, efforts and a functional site for posting telework jobs and teleworkers’ resumes
Linked TeleWorkforce Connections
Virginia Economic Bridge
One Care of SWVA
Virginia Economic Bridge
Strategic Planning Process
• Mission: One Care of Southwest Virginia is committed to decreasing substance abuse and misuse, and related social, economic and health factors through planning, policy, data, and advocacy.
Virginia Economic Bridge
Strategic Planning Process
• VisionOne Care’s vision is to be a model for achieving significant reductions in substance abuse and related social, economic and health factors by building and supporting community partnerships.
Virginia Economic Bridge
The Web Portal for Southwest Virginia
Virginia Economic Bridge
Virginia Economic Bridge
Return to Roots
www.ReturntoRoots.org & www.RTRSoVA.orgThe information portals and networks for Career
Seekers, Employers and Communities inSouthwest & Southern Virginia
Virginia Economic BridgeA Web Portal for Communities! Post your Resume, Find a Job!
Post your Job, Find an employeeAccess Business Resources
Seek Higher Education OpportunitiesView Community Attractions
Read News & Find InformationFind High School Reunions
www.ReturntoRoots.org & www.RTRSoVA.org
Virginia Economic Bridge
Agenda• New Business – Strategic Discussion
2011 Goals– Finance
• Approval of VEB, Inc.’s FY11 Budget
– Bylaws Change• 2nd Reading of Proposed language related to
Section 4 Annual Meeting
– Board Membership• Approval of BOD members
Virginia Economic Bridge
Agenda
• New Business – Strategic Discussion 2011 Goals
• Public Relations & Policy Development– VEB 2020 – Re-Branding Committee
Report
Virginia Economic Bridge
Re-branding Committee Preliminary Report
Gordon MillerMike Feeley
Virginia Economic Bridge
Redesign of the VEB Website
Gordon Miller
Virginia Economic Bridge
Re-branding Committee Preliminary Report
Mike Feeley
Virginia Economic Bridge
Recommendations
1. Retain Current Mission Statement
2. Focus on “bridging” wealth from NOVA to SWVA through
1. Economic Development
2. Business Development
3. Workforce Development
3. Develop hard hitting Customer Value Propositions
4. Retain and Recast current initiatives in this context
Virginia Economic BridgeLogic Flow
• Billions in federal Contracting $$$$ enter the Commonwealth via contractors in NOVA
• All have requirement to outsource ~ 20% to Small Business
• MOST of that leaves the Commonwealth
• Challenge: Incentivize an increasing percentage of those billions to remain in the Commonwealth
• Focus: SWVA
• Issue: Current workforce to support step change in outsourcing to SWVA not yet in place
• Approach: Incremental and focused– Economic Development– Business Development– Workforce Development
Virginia Economic Bridge
• Advocate for Economic Stimulus
• Provide a virtual clearing house for companies seeking a bridge to the economic powerhouse of NOVA
• Implement proven methods and metrics foundational to making the deal
• Preparation of Workforce for competitive bids
• DoD Security clearances
• Testing• Workshops
• Community and Company benchmarking
• Conduct of effective B-to-B forums that focus on the “CommonWealth
Virginia Economic Bridge• Advocate for Economic Stimulus
• Provide a virtual clearing house for companies seeking a bridge to the economic powerhouse of NOVA
• Implement proven methods and metrics foundational to making the deal
• Conduct of effective B-to-B forums that focus on the “CommonWealth
Virginia Economic Bridge
• Conduct of effective B-to-B forums that focus on the “CommonWealth
Virginia Economic Bridge
Virginia Economic Bridge
$8B
$120M
$40B
Virginia Economic Bridge
$40B$40B
$8B
$120M
$40B
Virginia Economic Bridge
A VEB-centric Model
Gordon Miller
Virginia Economic Bridge
Gordon Miller
Virginia Economic Bridge
Gordon Miller
Virginia Economic Bridge
Agenda• New Business – Strategic Discussion
2011 GoalsPublic Relations & Policy DevelopmentLegislative Discussion – The Honorable “Chap” Petersen* The Economic Development and Job Creation Commission* The Local Composite Index* The Importance of Job Creation and Retaining Jobs thru Existing
Business Development Services* The "Green" Jobs Bill* The Electric Rate Issue* The Impact of the 2011 Redistricting and
* The Impact of the Loss of Federal Funds in FY12
Virginia Economic Bridge
Future VEB Meeting DatesAt Large “Meet & Greet” Luncheon – July 2010 (TBD)
SWVA “Meet & Greet” Luncheon – August 2010 (TBD)
2010 Annual Fall BOD meeting – September 14, 2010 Lynchburg, VA
NOVA “Meet & Greet” Luncheon – October 2010 (TBD)
At Large “Meet & Greet” Luncheon – November 2010 (TBD)
SWVA “Meet & Greet” Luncheon – December 2010 (TBD)
NOVA “Meet & Greet” Luncheon – January 2011 (TBD)
At Large “Meet & Greet” Luncheon – February 2011 (TBD)
2011 Annual Spring BOD meeting – March 2011 (SWVA TBD)
NOVA “Meet & Greet” Luncheon – April 2011 (TBD)
At Large “Meet & Greet” Luncheon – May 2011 (TBD)
SWVA “Meet & Greet” Luncheon – June 2011 (TBD)
Virginia Economic Bridge
THANK YOU! for listening…
Please feel free to contact me…
Carl E. Mitchell, MSPhone 540.731.6800
Email: cmitchell@vebinc.org
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