SUMMARY OF Central New York Regional Economic Development Council Strategic Plan

1. SUMMARY OF Central New York Regional Economic Development Council Strategic Plan Priority Industry Concentrations

2. 37.7% of jobs in the SMSA are located within three miles of downtown Syracuse; 21.9% of people in Syracuse work 10+ miles from the downtown city center (Brookings, 2009)

3. Workforce Training and Alignment • Misalignment of workforce supply and demand, • Advanced manufacturing • Health care • The region will engage private businesses in the development of training programs and educational curricula to better align skills development with job demand.

4. Maximize Human Capital In order to improve our global competitiveness, the region must: • continue to maximize human capital, • improve alignment between workforce supply and employer demand, • create and support apprenticeship programs, and • attract and retain students and young professionals.

5. Priority Industry Concentrations • Clean Energy and Environmental Systems – Central New York has the 8th highest concentration of private sector “green jobs” of any region in the country and is the home to NYS’s Center of Excellence in Energy and Environmental Systems • Health and Biomedical Sciences – Our region’s hospitals directly employ more than 23,000 people and another 3,500 are employed in private, high-tech biomedical companies with average wages approaching $70,000, nearly double the region’s median wage • Financial Services – This industry employs more than 24,000 people within the existing labor market and has grown as financial services and insurance firms look for lower-cost locations for back-office operations • Agri-business and Food Processing – NYS is the third-largest producer of fluid milk and commodity crops represent more than $1 billion in sales alone. Central New York is a significant contributor and increasingly focused on value-added opportunities for agri-business • Advanced Manufacturing – Manufacturing represents 10% of the region’s total employment and subsectors such as digital electronics, radar and sensor systems serve expanding global markets for security, information technology, and defense • Tourism – Tourism is a $1 billion industry in Central New York, and current global economic conditions, including the weak dollar, create opportunities for our region to draw additional international visitors across our shared boundary with Canada and from entry points downstate

6. Clean Energy and Environmental Systems • Products and services that improve energy efficiency and indoor environmental quality in green buildings • Biomass Thermal Energy Systems: Technologies and services (including supply chains of raw materials from local sources) that utilize woody biomass to produce thermal energy. • Clean and Renewable Energy: Advancements that reduce emissions from fossil fuels, and deployment of solar and wind technologies to produce power from local sources. • Water Resources: Systems that leverage regional strengths in green infrastructure, waste water treatment, drinking water supply, remediation of polluted water bodies, and access to abundant quantities of fresh water. • Controlled Environment Agriculture: Systems that combine regional strengths in building technologies and agriculture to provide food security, locally grown protein and vegetables, reduction in carbon footprint, renewable energy, and carbon sequestration. • Nuclear Energy: CNY is one of only three regions in New York State with nuclear power plants, which have the potential to be an important strategic asset, depending on state and federal energy policies.

7. Health and Biomedical Sciences • Health and Biomedical Services • Large number of acclaimed health care institutions, • High quality academic medical and nursing colleges • Medical technology companies, • Higher education institutions with research capability • Biosciences • University level biotechnology and life sciences research and development, • Biomedical services, • Pharmaceutical manufacturing, • Manufacturing of analytical instruments and medical devices, • Research, testing, and medical laboratories

8. Financial Services • Cybersecurity • Insurance

9. Agriculture and Food Processing 2nd largest producer of corn for silage 3rd largest fluid milk producer in the country 5th largest producer of equine animals 6th largest producer of fruits, tree nuts, berries 7th largest producer of Christmas trees 8th largest producer of vegetables for market All of this must be developed, seeded, tended, fertilized, harvested, transported, processed, marketed, delivered and consumed safely

10. Advanced Manufacturing 10% of regions employment • Digital and Electronic Devices • Metals Production and Manufacturing • Precision Manufacturing

11. Tourism One billion dollar enterprise in Central New York • Conventions • Sporting Events • Leisure Travel • Arts and Culture • Special Events • Hospitality Services

12. Career Cluster Employment Assessment • Handout

13. Prioritize Pre-K-20 Education-Accessibility, Quality, and Attainment • Establish a Regional Institute for Business and Education Integration • Further Expand “work ready” credentials • Provide multidimensional career and academic support to middle, high school, and first-time college students to focus career interests and increase completion rates • Support and scale programs for at risk young adults

14. Establish a Regional Institute for Business and Education Integration • Assess regional workforce gaps and business needs, particularly of small business • Coordinate regional workforce programming to address those needs. • The Institute will work with primary and secondary education institutions to align programming, training programs, and curriculum with regional workforce shortages and skills gaps in our strategic industry clusters.

15. Further Expand “work ready” Credentials • Increase the utilization of certificate and credential programs as an additional graduation outcome • Develop a process to identify the region as “work ready” using certificates. • Build on existing efforts to use the National Career Readiness Certificate and the National Work Readiness Credential in secondary and post-secondary education/training, upon which career specific certifications are “stacked.”

16. Multidimensional Career and Academic Support • Provide multidimensional career and academic support to middle, high school, and first-time college students to focus career interests and increase completion rates

17. Support and scale programs for at risk young adults • Continue to support Say Yes to Education • Expand the On Point for Jobs program as part of the OnPoint for College program • Leverage existing internship programs and opportunities for at risk young adults. • Bring in additional partners to the “BNY Mellon” partnership with Le Moyne College

18. END • Comments and Questions