Regional Labor Market Strategies NJ s Three WIRED Regions

1. Regional Labor Market Strategies NJ’s Three WIRED Regions December 2, 2008

2. Regional Labor Market Strategies Learn how Workforce Innovation in Regional Economic Development (WIRED) has led to a paradigm shift from a local to a labor market focus. Workforce development is economic development and leads to new collaborations and partnerships in regions across New Jersey. Moderator: David Finegold, Dean, Rutgers School of Management & Labor Relations Panelists:  Mary Ellen Clark, Executive Director of the Central New Jersey WIRED Bio-1 InitiativeHelen Groft, Project Director of Delaware Valley Innovation NetworkKathy Weaver, Vice President Programs, Newark Alliance

3. Overview What is WIRED and the Impact on NJ WIRED Region Profiles North Jersey Partners Central Jersey Bio-1 Delaware Valley Innovation Network (DVIN) Panel Discussion Highlighting Success Stories Facing Challenges Adapting to new times Open Question & Answer Moving Forward – Talent Network Concept and REDI

4. What is ? Workforce Innovations for Regional Economic Development Federal Program from US Department of Labor, Education and Training Funded from H1B Visas 39 WIRED regions throughout the US NJ “The Most WIRED State”

5. Impact on New Jersey WIRED funds $15.3 million Leveraged funds $218+ million Reaching 4 million+ people Developing a talented workforce Resulting in regional economic transformation

6. WIRED Ultimate Goal: Create Leading High-Skill Ecosystems Catalyst Research to fuel innovation Nourishment Flows of human and financial capital Supportive environment Culture and regulations supporting innovation and specialized infrastructure Connectivity Foster local networks, social capital

7. North Jersey: Our Region North Jersey Partners Eight county region Seven workforce investment boards Eight community colleges Four-year universities including New Jersey Institute of Technology, Kean University, William Paterson University, Fairleigh Dickinson University Numerous faith-based and community development agencies Many globally recognized businesses Port Authority of NY & NJ, Prudential Financial, Continental Airlines, Conrail, Integrated Device Technology Inc., UPS, Schering Plough, UBS Financial Services, Minolta, Maher Terminals, Distribution Solutions Advanced research institutions NJIT, University of Medicine & Dentistry of NJ, Rutgers University, Stevens Institute of Technology Target industries Life sciences – health services, Transportation, Logistics & Distribution, & Entertainment, Arts and Retail

8. North Jersey: Our Strategies North Jersey Partners Leverage physical, intellectual, and human capital assets 1889 educated and trained 1511 completed job training 1209 placed in jobs 1209 received increased wages Create a continuous knowledge sharing system that identifies opportunities and gaps 24 events convened 1500 industry leaders engaged 1 million individuals reached Align programs to link unemployed and underemployed through regional coalition of economic development, education, workforce systems and industry 1325 enrolled in degree or certificate programs 1060 attained degree or certificate Accelerate Entrepreneurs and Innovators for Job & Wealth Creation 1250 businesses served 10 new business starts and expansions Fund programs that have been identified as gaps within the implementation plan $740K available through RFP process

9. Bio-1: Our Region Central New Jersey Bio-1 Five county region including four workforce investment boards Consortium of leading Educational Institutions Brookdale, Mercer, Middlesex, Raritan Valley Community Colleges, Princeton, Rutgers, UMDNJ, Rider, Monmouth, TCNJ, career high schools Many Bioscience Employers Major pharmaceutical and 180+ biotechnology companies employing 37,600 individuals Advanced Research Institutions Cancer Institute, many others State Agencies Labor and Workforce Development, Economic Development Authority, Education Target Industry Biosciences

10. Bio-1: Our Strategies Central New Jersey Bio-1 Excite Young People about the Biosciences, focusing on underrepresented groups Lay Smooth Education and Career Pathways Transform Graduate Education Increase Bioscience Workforce Development Enhance Linkages between Education and Industry Facilitate Global Competitiveness

11. DVIN : Our Region Delaware Valley Innovation Network Tri-state, 14-county Region New Jersey, Pennsylvania, Delaware New Jersey Counties Mercer, Burlington, Camden, Gloucester, Salem, Cumberland Life Science Industry Biotechnology, Pharmaceuticals, Medical Devices and Equipment, Research and Development, and supporting industry

12. DVIN : Our Strategies Delaware Valley Innovation Network Identify Regional Talent Landscape Build Talent Pipeline Invest in Talent Innovation Create Regional Collaboration

15. Insert DVIN Success Slide from Nashville here

16. Overview: Creation of Talent Networks Partnership of WIRED regions, WIB’s, One Stop Career Centers, community colleges, four year colleges and universities, industry associations and employers working together to create sector-focused workforce initiatives. Initially funded by WIRED regions, the Commission on Higher Education, the Department of Labor and Workforce Development and other sources. Talent Networks will: 1. Identify workforce needs through extensive employer engagement 2. Develop new curricula and refine existing curricula to meet industry needs. 3. Disseminate improved information about the workforce needs of the sector to students, job seekers, job / career counselors and job developers. 4. Assist individuals to obtain employment in the industry and strengthen career ladders in the sector 5. Improve incumbent worker training that assists employers to adjust to new technologies and assist employees to obtain new skills.

17. Talent Network Model

18. Contact Information Kathy Weaver kweaver@Newark-Alliance.org www.doleta.gov/wired/regions/2g_Northern_New_Jersey.cfm Mary Ellen Clark mclark@smlr.rutgers.edu www.bio-one.org Helen Groft hgroft@innovationphiladelphia.com www.delawarevalleyinnovationnetwork.com