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Monday, September 21
7:30 a.m. - Registration/Breakfast
8:00 a.m. - Economic Development; A Historical Perspective The role of the economic professional has dramatically changed over the years. To better understand this ever-changing role, we will look at where we came from, what do we do, and who we are today. Furthermore, we will focus on areas of improvement that need to be faced, and the new roles economic developers are facing.
9:00 a.m. - Influence of the Global Economy on Economic Development You’ve heard of the “global economy”, but what is it? This session will address the global economy, what it is, how it influences business and how economic developers need to adapt to assist business with the challenges of the global economy.
10:00 a.m. - Case Study Introduction
11:00 a.m. - Strategic Planning
12:00 p.m. - Lunch
1:00 p.m. - Strategic Planning Strategic planning for a community or organization envisions its future and develops necessary procedures and actions to achieve that future. This session will focus on the background understanding of strategic planning and its process, how to design & organize the process, and developing strategies and formulating action plans.
2:00 p.m. - Entrepreneurship; Small Business Development This session will provide an overview of the role of small business in the U.S. economy, creation of jobs, a brief profile of the small business creation process, and an introduction to the new and emerging areas of small business creation.
4:00 p.m. - Case Study Work
5:00 p.m. - Adjourn
5:15 p.m. - Reception This reception is designed to meet instructors, staff and fellow students in an informal relaxed environment.
Tuesday, September 22
7:30 a.m. - Registration/Breakfast
8:00 a.m. - Managing an Economic Development Organization This session will cover the issues specific to economic development organizations such as; working with leaders, developing a vision for the organization and community, delegation of available resources to the right programs and the development of the most appropriate programs for that organization and community.
10:00 a.m. - Attraction & Marketing As an economic developer, it is important that you have basic knowledge of the marketing process and its benefits. This session will focus on the marketing process, geographic and economic considerations, suspects vs. prospects, and advertising & promotion. Also addressed will be market research and targeting.
12:00 p.m. - Lunch
1:00 p.m. - Retention & Expansion Business retention and expansion is critical in today’s economy. The objectives of this session will include how to organize a business retention and expansion program. We will cover how to provide examples of programs and activities that foster the growth of existing business, to recommend strategies helpful in implementing a successful program, and identify valuable local resources.
3:00 p.m. - Case Study Work
5:00 p.m. - Adjourn
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Wednesday, September 23
7:30 a.m. - Registration/Breakfast
8:00 a.m. - Real Estate Development and Reuse In this session, participants will be introduced to the land development process, with an emphasis on the role that the economic developer plays. Participants will learn about the various tools that are available at the local level, including tax increment financing, bonds, land assembly and eminent domain, in addition to the many federal programs available.
10:00 a.m. - Financing This session will focus on several key elements, including: blending of sources, capital availability, source of long-term financing, returns to the lender, and leveraging. Once we have a better understanding of the structure, we will then look at the two sectors in financing: public and private.
12:00 p.m. - Lunch
1:00 p.m. - Case Study Work
4:00 p.m. - Adjourn
Thursday, September 24
7:30 a.m. - Registration/Breakfast
8:00 a.m. - Workforce Development Workforce development is quickly becoming the #1 focus for economic development organizations. A skilled and educated workforce is crucial in today’s economy. This interactive session will focus on the need for the creation of workforce development programs that address both community and business needs.
10:00 a.m. - Community Development This session will provide an understanding of the steps in the community development process, and the challenges of community development in economic development practice.
12:00 p.m. - Lunch
1:00 p.m. - Case Study Work
2:00 p.m. - Cast Study Presentations
4:00 p.m. - Adjourn
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