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Grow Your Local Economy With GovTide Technology. By Advanced Internet Technologies, Inc. http://www.AIT.com . AIT, Inc. Overview. Privately-held Fayetteville, North Carolina based firm started in 1995
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Grow Your Local Economy With GovTide Technology By Advanced Internet Technologies, Inc. http://www.AIT.com
AIT, Inc. Overview • Privately-held Fayetteville, North Carolina based firm started in 1995 • Specializes in Internet-based products and services, web hosting, domain registration and IT solutions • Service-disabled veteran-owned business • One of the largest web hosting firms in the world • 200,000 active domain businesses for clients • 137 countries around the globe • Data Center located in Fayetteville, NC • In-house design and development staff, not outsourced to any other location or company
What GovTide IS NOT! No Asset Management No meaningful Reports Data is everywhere Confusing Customer Service • Problems • Unnecessary Duplication • Wasted Resources • Lacks Interoperability • Little Transparency • Confuses Users • Misses Opportunities • Ineffective Reporting Missing Federal and State Contracts Failure to Recruit & Retain Businesses Procurement Waste & Abuse Poor online Payment E-Commerce Systems Missed Revenue Opportunities The Proverbial Puzzle Palace of Government
So What is GovTide? • In short, GovTide is a Government –to-Business-to- Employment-to-Investment Portal (GBEI). 1. E-Procurement transparency, savings, local 2. Asset Management once Assets are Procured 3. Federal and State Contract Feeds & Grants Targeted to Community 9. Option to Create Local Social Network Economic Development Engine 8. Custom Analytics & Intelligence Reports Recruit, Retain & Invest in NC Businesses 7. Provides Superb Customer Service Experience 5. Advertising Module To Self-Fund or Increase Revenue Inflows 6. E-Commerce to Process Transactions A Fully Integrated, Hosted, Economic Development System w/Centralized Data To Facilitate Effective Public Policy & Programs.
Working Together The number of governments in the U.S. in 2012 was89,004. 1 Federal, 50 State, and 88,953 Local governments. Federal government spending was 35% of GDP in 2010. State and local government spending was 20% of the U.S. GDP in 2010. The federal, state and local governments in the U.S. spend approximately 55% of the GDP. So what’s the bottom line? Businesses and Government must do Business Together
First Implementation of GovTide • MatchForce.org • Run by the State of NC via NCMBC • Started in 2004 • State of North Carolina has spent over $4M in enhancements, but yielded $3.5B in Federal contracts • Goal: Keep Federal contract dollars within the state through NC Businesses. • Over 50,000 users
Testimonials • “GovTide has been absolutely essential to engaging nearly 20,000 businesses in the federal market, connecting them daily to federal opportunities and to helping them win over 1,650 contracts – worth at least $3.5 billion. These contracts have generated over $275 million in State tax revenue, generated a 28:1 return on investment in the NCMBC, expanded our tax base statewide and generated better quality of life for all citizens in North Carolina. GovTide is a winner.” • Scott Dorney, Director • North Carolina Military Business Center “I believe so strongly in the GovTide technology that it was a critical component of an economic development bill I sponsored last year. The mission is to help our state’s small and mid-sized businesses compete for and win federal contracts. GovTide is going to prove a tremendous means of creating new jobs and expanding the tax based for communities across North Carolina.” Senator Anthony E. Rand (D) Cumberland, Senate District 24 2001-2009 North Carolina General Assembly “It’s working in North Carolina and it can work in any other state. GovTide is a smart use of technology for economic expansion. What sets GovTide apart is the ability it gives small business, the heart of this nation’s economic structure, to beat faster and stronger. For the unfamiliar, the federal contracting process can be daunting. For small business, it can mean a significant investment of time with little return. Business can’t succeed and grow without a chance. GovTide gives them that chance.” Representative Robin Hayes (R) NC District 8 1999-2009 United States House of Representatives
Overview: Features & Benefits Solicitation Posting (Request for Proposal and Reverse Auction) Benefit: Transparency, Competition, and Savings of 9 to 11%* • Custom Analytics & Intelligence Reports • Benefit: Powerful analytics to make smart economic development decisions Already successful with MatchForce.org for State of NC Benefit: $3.5B* in federal contracting dollars directly to NC businesses 4th Patented PPC Advertising Module Included • Benefit: Help promote local businesses, and potentially self-fund *VentureStats & GovTide installs
Module 1: E-Procurement Purchasing Agent /Contracting Officer • Post RFP Bids • Post Reverse Auction Bids • Search for Businesses • Receive Matches to Bids
Module 1: Growth, Economic Diversity, and SWOT Economically Stagnant Economically Diverse Economic Development: Proactively Recruit & Retain High Value Target Businesses • Benefits: • Increase tax base breadth not raising taxes • Attract & Retain More Businesses Growing a Diverse and Prospering Economy
Module 1: Economic Impact of Local Purchases 52% Advantage for local business NC Senate Bill 232 – Local Preference For every dollar spent on local businesses… The local economy gets $.73 back. For every dollar spent on non-local businesses… The local economy gets only $.38 back. Less than ½ the original investment. Source: Robert Ware, Business Awareness
Module 1: Economic Impact Example Government issues contract for 10 rakes to be purchased… Vendor A Local business Bids $125 for a contract for 10 rakes Vendor B Non-Local business Bids $100 for a contract for 10 rakes Vendor A should win due to being local, and having a 52% advantage for boosting local economy.
Module 2: Asset Management • Efficient Supply Chain Management • Interoperability • Compatibility • Proactive Life Cycle Management (smart budgeting)
Module 2: Asset Management Asset Management • Track asset quantity and location after purchase • Track service contracts for assets and services • Track asset life cycle (i.e. expendable or durable asset) • Prevent unnecessary asset procurement
Module 3: Federal/State Contract and Grant Feeds Business User Dashboard • Find Local, State and Federal Contracts • Team with other Businesses • Post Jobs and Search for Employees • Match to Federal Grants
Module 3: Job Seeker Dashboard Individual / Job Seeker • Post Resume • Search for Jobs • Match to Job Postings
Module 4: Attract, Retain, Invest Smart Economic Development Recognizes… Every Community is Unique • Robust Economy = Sustained Growth, Industry Diversity & Constant Innovation • Local Development = Vertical + Horizontal leveraging existing strengths. Constant evolving, relevant business data • Job Creation = Retention, Attraction & Adaptation through Training & Education Grassroots Economic Development From the Bottom Up
Module 4: Economic Modeling • Phase 1: Describe (Simple Reporting) • Phase 2: Explain (Cause and Effect) • Phase 3: Predict (Policy Making) Economic Development = Concerted Actions of Policymakers & Communities to Promote Economic Growth, Diversity & Health
Centralized Planning & Decentralized Execution • Microeconomic Policy: Analysis & Actions that shape the behavior of economic agents (individuals, households, firms, buyers, sellers, investors, etc.) • Macroeconomic Policy: Analysis & Actions that impact the entire economy (GDP/growth, taxation, unemployment rates, price indices, trade, monetary/fiscal policy, consumption, output, investment, etc.)
Module 4: My Partnership Lead Generation Zip Code Partner Lead Sphere NAICS Your Business
Module 4: My Pipeline Contract identified Contract matched Lead Qualified Rapport building Contract awarded RFP / negotiation process Teaming/Partner Agreement signed Virtual Headhunter
Module 4: My Clusters Geographic (Regional Partnerships) GOAL: Increase Productivity / Synergy Grape Quality, Water Chemistry, Soil Minerals, Growing Season, Temperature The Invisible Hand Wine Making, Vineyard, Beer Making, Breweries, Bee Keeping, Meads Horizontal (Business Sector) Harvesting, Crushing & Fermentation, Pressing, Bottling, Cork Production Vertical (Supply Chain) GAP Analysis Crop / Farm
Module 4: Investment “AlwaysOn is committed to plugging its network of venture capital and private equity firms looking to fund growth opportunities into the GovTide.com network” Tony PerkinsFounder, CEO & Editor, AlwaysOn Founder, Red Herring
Module 4: Investment Dashboard Investor • Available for Investment Bankers, Private Equity, Venture Capital, and Angel funds • Match businesses in desired industries with access to profiles • Match to business preferred investment size • Track competitor companies in the industry
Module 6: Ecommerce Payment Gateway Request Payment Gateway Order over SSL Request for Confirmation GovTide System Bank Funds deposited in Merchant Account
Module 7: CRM and Customer Svc. Phone and Online • Citizens can submit and categorize online tickets • Tickets are routed through skills based routing to proper call centers • Citizens rate customer service interactions • Reporting systems integrated for historical tracking
Module 8: Custom Analytics Local Government Admin User • View Industry Strengths and Weaknesses & other Analytics • Search for opportunities • Create requirements for purchasing • Local Procurement Online • Federal & State Contract Feeds • Federal Grant Feeds • Revenue Share Back to Community
Module 9: Social Media Customized Network • Virtually connect businesses in your community • Advertising venue
Hire, Train, Deploy Veterans & Commerce Personnel as Account Managers Included FREE with GovTide: • 2 hour training for vendors/businesses • 2 hour training for government staff, and management (train the trainer) • 2 hour training for purchasing agents Veterans hired as Trainers/Account Managers • Constant pipeline of skilled workers (MOS to ACE to Employed) • Retool and Retrain top Commerce Employees • Performance Based Compensation
Big Picture G Federal, State and Local Procurement feeds Results B Business Registration with NAICS and Keywords Accurate & Evolving Economic Modeling, Analytics to Support Smart Policy Decisions Economic Development Engine Individual resume and job skills; Employment Security Commission E Investment in the businesses in our state by all members of the investment community I
Next Steps • Suggestions? • People, Process, Policies, Practices? • Mission Statement & goals of NCPP entity? • Meet with Management Team e.g. CEO? • Timeline and major milestones?