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Building a Regional Economic Development Blueprint :

Building a Regional Economic Development Blueprint :. Challenges, Strategies and Impacts of the SET Program. Bo Beaulieu -- Purdue Center for Regional Development 2013 Annual Meeting of the CDS – Charleston, SC. Rural America - - A Challenging Environment. An Important Decision.

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Building a Regional Economic Development Blueprint :

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  1. Building a Regional Economic Development Blueprint: Challenges, Strategies and Impacts of the SET Program Bo Beaulieu -- Purdue Center for Regional Development 2013 Annual Meeting of the CDS – Charleston, SC

  2. Rural America - - A Challenging Environment

  3. An Important Decision “Let’s work together to make things better.” “Get out of my sandbox. I’m not playing with you.”

  4. SET: Working to Add Value toLocal Economic Development Activities

  5. What is SET Trying to Do? Help rural communities/counties work together as a regional team in developing and implementing A High Quality Regional Economic Development Plan that builds on the current and emerging economic strengths of their region.

  6. The SET Support System • USDA Rural Development • Federal • State • Southern Rural Development Center & its sister Regional RD Centers • Purdue Center for Regional Development • Extension Service – State Land-Grant Universities

  7. Several Components to SET Vision & Goals The Team Assets Data A Regional Plan

  8. Building a Regional Team:A Focus on Inclusion

  9. SET . . . Expanding Engagement 464 Initial Participants (Phases I & II) 1,679 Participants (+362%) 1,7 Beginning of SET By the End of SET

  10. Carefully Studying Pertinent Data

  11. Demographic & Economic Information

  12. Exploring Regional Industry Clusters Groups of similar and related firms in a defined geographic area that share common markets, technologies, worker skill needs, and that are often linked by buyer-seller relationships

  13. State-Level Clusters: 2001-2012An Example

  14. Finding Ways to Plug the Leaks

  15. Looking at Regional Expenditures

  16. C.A.R.E for the Cluster Source: Barta, et al (2010) CARE Model

  17. What We Do Next? Help Teams . . . • Develop vision and goal statements • Examine their assets • Coach them on building a regional plan • Help them select measures to track progress and determine success or impacts

  18. The Ultimate GOAL of SET:Develop and Implement a High Quality Plan • Evidence-Based • Practical Team’s Regional Plan • Broadly Supported Aligned with Vision & Goals • Focused on Regional Economic Development

  19. Some of the Good Things Happening • 28 state are now part of the SET program • About 60 regions being reached • Approximately $6.2 million captured by SET regions to date (3:1 ratio) • New and lasting relationships being built

  20. States Currently Part of SET

  21. The Challenges • Getting traditional players to let more people in • Getting leaders to embrace regional strategies • Having both RD and Extension at the table • Finding people with the right skills to do the training & coaching • Getting people engaged and committed • Producing a solid regional econ development plan • Securing the data to document impacts

  22. For More Information Introductory Overview of SET: http://srdc.msstate.edu/set/files/overview_p3_11_2012.pdf

  23. Contact Information Bo Beaulieu, PhD Director Purdue Center for Regional Development ljb@purdue.edu 765-494-7273

  24. The Response by Local Leaders? Big Auto Company: PLEASE come to our city/county !! Don’t go to the next county. They won’t take care of you as well as we will. We have the best football team in the area. We want jobs. . . Any job will do.

  25. A Recent SET Meeting in Colorado “It was interesting to list the places where we have commonalities and the places we have vast differences. I think coming together on things that benefit not just communities but the entire region is going to be a great part of the process.” Christina Oxley, Executive Director Craig, CO Chamber of Commerce Comment about May 1, 2013 SET meeting

  26. The Raton Range Newspaper “Each of those groups was formed under the Stronger Economies Together program funded by the U.S. Department of Agriculture. The federal government has been encouraging regional economic development in hopes that federal dollars awarded for economic development efforts will be used more efficiently.”

  27. What SET Provides Regional Teams Data & Analysis Technical Assistance Peer-to-Peer Networking Coaching

  28. Why ?

  29. Helps Determine Whose Voices Need to be at the Table

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