Funding and Sustainability Workshop EcO 15 Southeast Indiana

1. Funding and Sustainability WorkshopEcO15 Southeast Indiana

2. Agenda • The Strategy • Benefits of Collaboration • Fundraising Process • Panel Presentation of Community Fundraising Initiatives • North Vernon Education and Training Center • Community Learning System • Sustainability Check List • EcO15 Proposal Outcomes (2008-2010) • EcO15 Sustainability Assumptions • Discussion

3. Franklin Decatur Bartholomew Ripley Dearborn Jennings Jackson Ohio Jefferson Switzerland The Strategy“Connect the Dots” State and National Government Local Elected Officials Workforce Development Economic Development Education Community Foundations Community Learning Centers Business Community Organizations Adult Basic Education Foundations Associations Chamber of Commerce Training Providers Other Regions Community Leaders Funding Organizations Total network of 400-450 relationships

4. Benefits of Collaboration • Increase knowledge and amount of regional assets • Develop common goals and interest • Identify potential partners for specific initiatives • Optimize funding streams and opportunities • Increase regional support • Foster additional innovation • Build additional capacity • Develop stronger economic clusters • Integrate regional workforce development, economic development and education strategies • Build infrastructure • Create regional competitive advantage • Improve regional economy

5. Fundraising Process • Create a Compelling Vision • Develop a Network • Maintain an Ongoing List of Funding Options and Relationships • Utilize Leverage • Do the Work

6. Community Learning System Example

7. Create a compelling vision • Conducted comprehensive economic growth study (Hudson Institute hired) • Formed community stakeholder team (large team) • Used data to develop vision, mission, strategy • Focused on “Community Learning System” • Bringing together education, business, government, and community leadership • Focusing on learners of all ages and those who teach them (ages 0 to 99 and beyond) • Learning and education as a major economic growth strategy • Hired full-time people to implement the strategy • Implemented plan (PDCA: Plan do check act)

8. Develop a network • Ten year network development: consider a “matrix” approach • Local: • Education, Industry, Government, Economic Development, Workforce Development, Community Foundation, Community Leadership • State: • Government, Education, Workforce Development, Industry, Philanthropic, “NGO’s” • Federal (similar to state list)

9. Maintain an Ongoing List of Funding Options and Relationships • Invest time in learning how the “system” works • Know the key focus areas where system can be improved (based on vision and strategic plans) • Current and future budget opportunities of key partners • Grants • Build fee for service models where possible

10. Economic Growth Investments MAJOR PROJECTS ALREADY ACCOMPLISHED UNFUNDED PROJECTS FUNDED PROJECTS Columbus Enterprise Development Center ECONOMIC GROWTH:ENTREPRENEURSHIP($5M) $1M $4M New Incubator REGIONAL LEARNING SYSTEM DEVELOPMENT($122M) Economic Opportunities 2015(EcO15) Columbus Learning Center (plus 20 years of operating funding) $38M $25M STEM Physical Science Labs Public/Private Investments $3M $16M Signature Academy $5M $4M Dream It Do It Secondary Curricula Infrastructure $30M 4-Yr. Degree Programs(ongoing) $2M VISION 20/20:DOWNTOWN DEVELOPMENT($100M) Hotel Indigo $10M Candlewood Suites $10M Indoor SportsComplex $8M 4th St. Parking Garage $12M $12M Cummins Office Bldg. ManagementDevelopment Hub Education and Conference Center $2M $6M $3M Commons (public) $15M Commons (public) Outdoor Sports Complex $15M $8M $8M 3rd St. Parking Garage

11. Utilize Leverage • Build your plan based on what you want to accomplish and always have the “what’s next list ready” • Know strengths of people and your networks • Do cost / benefits analysis (don’t stretch too thin) • Collaboration will take you much further than going solo (and most funders expect collaboration) • Local • Regional

12. Do the Work • Live up to the plan laid-out • Be prepared to be flexible; make strategic shifts where necessary • Believe in the vision and mission (and keep the vision and mission at the forefront) • Consider using project management approach to do the work • Tell the story often and well (hard to do but worth the effort) • Plan, Do, Check, Act (Refine)

13. Definition of Sustainability Sustainability is the continuation of benefits from a development intervention after major developmental assistance has been completed. It is also the probability of continued long-term benefits and the resilience to risk of the net benefit flows over time. Source: IEG (Independent Evaluation Group of World Bank) Guidelines for Global and Regional Program Reviews-p.87

14. EcO15 Outcomes (2008-2010) • Increase per capita income as a % compared to state and national averages. • Increase the number of student enrollments in manufacturing related programs. • Increase the number of student graduates in manufacturing related programs. • Increase number of Manufacturing Skills Standards Certifications earned. • Increase number of Associate of Science Nursing Degrees by 15% per year. • Increase the number of Bachelor of Science Nursing Degrees from 15 to 40 per year by 2010. • Increase in critical thinking skills of healthcare professionals as measured by the Assessment Technologies Institute certification assessment. • Define career pathways in Advanced Manufacturing, Healthcare, and Hospitality and Tourism industry sectors.

15. EcO15 Sustainability Assumptions • Advanced Center of Manufacturing Excellence • Below market lease payments by education providers. • Regional manufacturer financial support. • Some market rate rental fees from industry • Advanced Manufacturing Labs • Host organization is responsible for ongoing maintenance through annual budget process. • Increased student enrollments. Dream It Do It Staff • Regional manufacturer financial support. • Healthcare • Education funding through increased enrollment. • Healthcare providers. • Private and community funding contributions. • Grants • Hospitality and Tourism • Employers, increased student enrollments, private and community funding contributions, grants (same as healthcare).

16. Discussion • Examples • Questions and Answers • Common Themes • Next Steps