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BRAINERU February 8th,2007 <br /> L A K s 2020 Economic Development Vision <br /> BLADC Current Economic Development Strategies <br /> _ • Create new jobs and diversify the economy <br /> A R E A — Provide consulting/technical services <br /> DEVELOPMENT — Financing options/packages <br /> CORPORATION - Relationships with lending institutions and economic development organizations <br /> — Demographic info <br /> — Building/site selection/options <br /> — Promotion of workforce and infrastructure <br /> — Sponsor meetings and forums for business <br /> • Promote awareness of BLADC's effort to members,media,and key stakeholders <br /> • Promote awareness and networking among members and within the community <br /> • Assist in expanding community capacity <br /> 2020 Background <br /> • Federal Grant-Potlatch Closing/US EDA Grant <br /> • Sponsoring Organizations <br /> — Brainerd Lakes Area Development Corporation <br /> — Brainerd Lakes Area Chamber of Commerce <br /> — Region Five Development Commission <br /> — City of Brainerd <br /> — City of Baxter <br /> — MN Power <br /> — Initiative Foundation <br /> — School District 181 <br /> — Crow Wing County <br /> — Potlatch Paper Company <br /> 2020 Vision and Action Plan Developed <br /> The 2020 plan included recommendations to target specific industries by recruiting local expert participation to develop strategies to grow the industry <br /> in the region through entrepreneurship,business retention and expansion,and attraction strategies.Following additional research it was decided to <br /> initially target manufacturing and healthcare.These decisions came about with the help and consultation of Janna King from-Economic Development <br /> Services and Shelly Bauerly Kopel of Venture Allies LLC. <br /> Manufacturing and Healthcare 5 Year Work Plans Completed <br /> These work plans were completed to enhance BLADC's existing efforts to attract and grow the manufacturing and healthcare industries in the Brainerd <br /> Lakes Area. <br /> Manufacturing-Attraction Healthcare-Attraction <br /> • Research potential audiences-Positively MN • Conduct a Brainerd Lakes Area Market <br /> • Create and maintain effective prospect list Analysis <br /> • Assist in efforts to reuse BRHSC site and other <br /> • Develop collateral materials to communicate <br /> medical sites <br /> with niche audience <br /> • Develop networking opportunities • Create and maintain effective prospect list <br /> • Expand finance programs to entice potential • Develop collateral materials(about BRHSC <br /> businesses site,other medical sites,marketing analysis) <br /> • Create simplified,"tum-key"purchasing • Participate in a"Community Team"to assist <br /> opportunities for potential businesses with medical staff recruitment <br /> Healthcare-Entrepreneurship <br /> Manufacturing-EntreprenEntrepreneurship/Business <br /> Re Retention and Expansion <br /> tention and Expansion <br /> Assist and support workforce/education <br /> • Strengthen the workforce efforts by encouraging and supporting: <br /> • Assess and support overall business • The development of mental health . <br /> education needs in the county programs/classes for the existing workforce <br /> • Recognition of current manufacturers(i.e.: • Expanded health care programs at CLC <br /> Center of Excellence for Industry)for use in 1 <br /> external marketing materials • Introduction of health care career exploration <br /> in K-12 <br />