supporting vermont's creative economy

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Vermont’s Office of the Creative Economy Supporting Creativity, Innovation and Entrepreneurship in the Green Mountains Vermont Technology Alliance February 25, 2014

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Overview of Vermont's creative legacy, a brief introduction to the Office of the Creative Economy, a description of Vermont's creative economy as presently defined, and opportunities for support. Presented to the Vermont Technology Alliance February 25, 2014

TRANSCRIPT

Page 1: Supporting Vermont's Creative Economy

Vermont’s Office of the Creative EconomySupporting Creativity, Innovation

and Entrepreneurship in the Green Mountains

Vermont Technology Alliance

February 25, 2014

Page 2: Supporting Vermont's Creative Economy

Introduce the OfficeShare key ideas shaping our workStart the conversation - Learn from your experience- Identify bottlenecks, opportunities

Goals

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“The office of the creative economy is created within the agency of commerce and community development in order to build upon the years of work and energy around creative economy initiatives in Vermont, including the work of the Vermont film commission.”

Origins

H.287 passed in 2011 legislative session

Page 6: Supporting Vermont's Creative Economy

SPORTS AND REC

WEB SERVICESBIOSCIENCES

MANUFACTURINGFOOD PRODUCTS

ENERGY AND ENV

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“The Office shall provide business, networking, and technical support to establish, grow, and attract enterprises involved with the creative economy, primarily focused on but not limited to film, new and emerging media, software development, and innovative commercial goods.”

Mission

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* Architecture, Publishing, Music

Film and new mediaSoftware and game developmentAdvertising and new mediaManufacturing artsArts and cultural organizations

Focus

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Industries Occupations

For-profit Companies

Sole proprietorshipsFreelancers

Independents

Non-profitMuseumsLibraries

Education InstsArts Admin

Presenting OrgsProfessional Assocs

CREATIVE

CULTURAL

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CREATIVE

CULTURAL

2,591 creative businessesEmploy 7,854 Vermonters4.78 percent of businessesEmploying 2.16 percent of workforce

Starts to look like...

Source: National Endowment for the Arts 2012

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CREATIVE

CULTURAL

Software, web services, games, etcIndependent workforce, freelancersEducation and training

What’s missing...

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* Policy advisory, policy development

NetworkingMarketing and promotionTechnical assistanceResearch

Key Activities

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Economic GrowthIncentive

Procurement TechnicalAssistance

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* Policy advisory, policy development

Creative economy benchmarkingBest practicesTrends

Research

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Growth support

Startup finance and support

Idea generation and concept development

The ecosystem is the conversation...

Coworking, makerspaces, networking events

Angels, incubators, accelerators, competitions

Growth incentives, venture finance

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How are you involved in advancing Vermont’s creative economy?

What role do you see for State in helping to advance Vermont’s creative economy?

Let’s discuss

Page 25: Supporting Vermont's Creative Economy

@VermontOCE

facebook.com/vermontoce

vermontoce.tumblr.com

instagram.com/vermontoce

youtube.com/vermontoce

Connect