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Governor, IPEP release findings of 2014 Battelle Report, a new economic development roadmap for Iowa

Governor Terry Branstad joined representatives from the Iowa Partnership for Economic Progress (IPEP) — the state’s CEO-level, industry-led advisory board co-chaired by the Governor and Lt. Governor Kim Reynolds – to release the findings of the 2014 Battelle Report: Iowa’s Re-envisioned Economic Development Roadmap. The Battelle Technology Partnership Practice was commissioned by IPEP and the Iowa Business Council to conduct this comprehensive analysis.

Greater Cedar Valley Alliance & Chamber CEO, Steven Dust, was a member of the task force and Past Board Chair, Tom Penaluna, serves on the IPEP Board of Directors. Randy Pilkington and Drew Conrad of the University of Northern Iowa Business and Community Services provided data support.

“Thanks to the IPEP board and the Iowa Business Council, we now have a roadmap for the future,” said Governor Branstad. “These business leaders – in addition to their day jobs of running Iowa’s top businesses – have given of their time and resources to make sure Iowa has a focused plan to achieve success. We are grateful for their leadership.”

Battelle is the world’s largest nonprofit independent research and development organization. The Technology Partnership Practice (TPP) assists local, state, and regional organizations, universities, nonprofit technology organizations, and others in designing, implementing, and assessing technology-based economic development programs. Over the past 18 months, researchers from Battelle have been working with the Iowa Economic Development Authority (IEDA) and regional economic development organizations around the state to conduct the study. The comprehensive report reviews Iowa’s industry drivers and potential growth opportunities. It also looks at how the state has fared in advancing innovation, job attraction and retention since the last roadmap was developed in 2004-2005.

“IPEP is charged with advising the state on economic trends that will affect Iowa’s economy and to create a long-term strategy to keep Iowa ahead of the pack,” said Bill Fehrman, president and CEO of MidAmerican Energy and IPEP board member. “With a third-party analysis of the state’s resources, assets and existing gaps, IPEP now has both the qualitative and quantitative foundation on which to base our strategy development. Further, the Battelle Report gives us a call-to-action that will help our elected officials, policymakers, economic developers and business leaders know what strategic priorities we must embrace if we are to achieve economic success over the next decade.”

The executive summary and full report can be downloaded at iowaeconomicdevelopment.com/battelle. Some key findings identified in the report are below:

The Battelle Report takes a look at Iowa’s current position, as compared to the nation and benchmarked states. Due in part to the focused work over the past several years, Iowa is faring well. Some identified successes include:

  • Restructuring of IEDA and streamlining of funding programs
  • Creating better private/public partnerships
  • Better collaboration of stakeholders
  • Improved marketing of Iowa and its assets

Iowa has made substantial economic progress over the last decade, resulting in positive trends in Iowa’s top-line measures of success:

  • Productivity is high — As of 2013, Iowa’s economic output, in real, inflation-adjusted terms, was 5.9% higher than the pre-recession levels of 2007, outpacing the national growth of 4.7% during the same period.
  • Job growth and workforce are strong — Iowa outperformed the nation in the growth of both middle and high-skilled jobs. At the same time, the number of low-skill jobs has actually declined as both employers and employees transition to a more skilled workforce.
  • Wages are rising — Iowa substantially outpaced national gains in private sector average wages.  This is consistent with the rising workforce skill levels in Iowa and an increase in the number of higher quality jobs.
  • Per capita income is growing — While record farm incomes have driven a substantial increase in per capita income during the last decade, from 2007 to 2013, Iowa’s nonfarm personal income also grew 20%, eclipsing national growth of 14% over the same period.

The Battelle Report makes recommendations for strategic priorities that Iowa must adopt to competitively position the state in a global economy. Recommendations (Strategic Priorities) include:

  • Build on the competitiveness and growth of Iowa’s industry clusters through innovation, retention and attraction.
  • Generate and attract skilled workforce in demand by Iowa’s businesses.
  • Accelerate the development of Iowa’s emerging entrepreneurial eco-system.
  • Advance Iowa’s physical infrastructure and regional development capacities to realize Iowa’s economic potential.

“This report is such a valuable resource for the IEDA, economic developers and policymakers around our state,” commented Debi Durham, director of the IEDA. “It truly is a data-driven look at where we are at, while at the same time, it gives a clear picture of what we could achieve with the right kind of resources focused on targeted priorities.”

The Battelle study was funded through support from private-sector entities at a cost of approximately $400,000.

GREATER CEDAR VALLEY ALLIANCE & CHAMBER NOW ACCCEPTING NOMINATIONS FOR ANNUAL AWARDS

The Greater Cedar Valley Alliance & Chamber announces nominations will be accepted now through of January 9, 2015 for a variety of business awards to be presented during the 2015 Annual Celebration on Thursday, March 26th at the Park Place Event Centre.

Do you know of an individual who should be recognized for their contributions in creating a strong business climate and enhancing the quality of life in the Cedar Valley by continued service and leadership?  Has an Alliance & Chamber business or organization made an outstanding contribution to the Cedar Valley and its citizens on a continued basis or with a specific project?  You are encouraged to nominate Alliance & Chamber investors for recognition of their contributions.

“The strength of the Cedar Valley is a result of visionary, innovative leadership – individuals, businesses and organizations who are investing capital, creating jobs and making things happen in the workplace and the community.  It’s important to tell their stories and recognize them for their contributions,” says Alliance & Chamber CEO Steve Dust.

Nominations are being accepted through January 9th for the following awards:

Business of the Year Award (Small companies 1-50 employees, Large companies 51+ employees)
Harold Brock Innovation Award
John Deere Treating Capital Well Award
Fulfilling the Vision of One Award
Cedar Valley Partner Award

Winners from the 2014 event include Bob Koob, Ken Lockard, Barry Schaffter, Tim Hurley, Allen College Unity Point, Hydrite Chemical Co., Kryton Engineered Metals, Inc., Schumacher Elevator and Veridian Credit Union.

Descriptions of the awards and nomination forms are available at the Alliance & Chamber offices or online at www.cedarvalleyalliance.com/programsandevents .  For additional information, please contact Bette Wubbena at bwubbena@cedarvalleyalliance.com or 319-232-1156.

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2015 Cedar Valley Legislative Agenda for Economic Progress

2015 Cedar Valley Legislative Agenda for Economic Progress has been released.  The agenda is substantially the same as last year with modifications to address specific issues of interest to the Cedar Valley, and larger issues that will likely come up of state wide interest, such as:

a)            Support funding for University Avenue reconstruction

b)            Removing prohibition on IRD plan changes after 2018.

c)            Increase funding for the Strategic Infrastructure Fund.

d)            Enable schools to use Local Option Sales Tax for Schools beyond 2029

e)            Support the Board of Regents’ funding plan that emphasizes in-state student enrollments.

f)             Support new or alternative sources of funding highway and bridge repair such as a fuel tax increase or alternative means of levying taxes on fuels.

Download the agenda here.

Greater Cedar Valley Alliance & Chamber Encourages Shoppers to Buy Local with Contest and Annual Home for the Holidays Campaign

Home for the Holidays is a seasonal retail campaign to encourage the local community to support the retail business investor/members of the Greater Cedar Valley Alliance & Chamber.  The Home for the Holidays message emphasizes the power local purchasing has to strengthen and enrich our community.  The campaign reminds shoppers that local spending  returns to the Cedar Valley in the form of critical tax revenue to fund public services, wages and benefits for our neighbors and family members, and local business to business commerce all fueling the Cedar Valley economy. Alliance & Chambers businesses will display the Home for the Holidays logo in their window and on their doors beginning this month.

New to the campaign this year is a Facebook contest. Twelve gift certificates to Alliance & Chamber businesses will be given away between Nov. 23 and Dec. 21. Shoppers are encouraged find Homer, the Home for the Holidays mascot, at participating Alliance & Chamber investor retailers. To win, shopper must look for clues found on the Alliance & Chamber website and Facebook page, then be the first to post a photo or ‘selfie’ on the Alliance & Chamber Facebook page. Posts should include the hashtag #CVHomefortheholidays. The photo must be taken at the business and include the Homer mascot.  If Homer has already been found and winner identified, shoppers can still post a ‘selfie’ with Homer to be entered in a drawing on Dec. 21.

In conjunction with the annual campaign, the Alliance & Chamber coupon & specials page provides  more incentives to shoppers to buy local. These coupons are in printer-friendly format or can be accessed through their mobile app Cedar Valley Connect , available on both iPhone and Android applications.

Shoppers can find a detailed Alliance & Chamber Investor Directory with links to coupons and specials at www.cedarvalleyalliance.com and on the Cedar Valley Connect mobile app.  All promotions are compiled at www.cedarvalleyalliance.com/coupons/php.

The Greater Cedar Valley Alliance & Chamber is a private, non-profit corporation representing and advocating for the interests of business, industry and institutions operating in the Cedar Valley. A top priority of the Alliance & Chamber is to sustain and strengthen the retail and service sector throughout the Cedar Valley.

For more information on the Greater Cedar Valley Alliance & Chamber and the Home for the Holidays campaign go to www.cedarvalleyalliance.com/homefortheholidays , www.facebook.com/cedarvalleyalliance, or contact Steve Dust at 319-232-1156 or by email at sdust@cedarvalleyalliance.com.

 

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Cedar Valley 1 Million Cups Program to Launch

Waterloo – 1 Million Cups, a weekly event to engage, educate, and connect entrepreneurs, is set to launch during Global Entrepreneurship Week. The public is invited to attend at nine the morning of Wednesday, November 19th at the UNI Innovation Incubator (8120 Jennings Drive in Cedar Falls).

Cedar Valley 1 Million Cups is a regional initiative where two area entrepreneurs are given six minutes to deliver a prepared presentation about a new idea or business startup. This is then followed by 20 minutes of dialog with the audience in attendance. Organizers hope the audience will be successful existing area business owners, peer startup entrepreneurs, public sector service providers, lenders, and potential investors. The location of 1 Million Cups will rotate throughout the Cedar Valley, but will start on the campus of the University of Northern Iowa.

According to Randy Pilkington, director of UNI Business and Community Services, “UNI Business and Community Services has a rich tradition of supporting entrepreneurs, both statewide and here at home in the Cedar Valley.  We know that the Cedar Valley 1 Million Cups program will connect innovators in the Cedar Valley to each other and to other entrepreneurship networking events to make the region a leader in entrepreneurship support and development.”

The Greater Cedar Valley Alliance & Chamber supports the effort.  Steve Dust, CEO Alliance & Chamber, believes that “the prosperity of the Cedar Valley still depends on fostering, growing, and attracting entrepreneurship in all types of businesses. We want to encourage more people to build on our history of successful entrepreneurship, and the Alliance & Chamber is excited to work with the 1 Million Cups team to enhance the strong, growing startup scene throughout the Cedar Valley economic area.”

“1 Million Cups is a program for entrepreneurs, driven by entrepreneurs,” said Alyssa Nolte, Director of Marketing for iTracking Research.  “It’s a true collaborative effort of a committee comprised of 23 varied public and private sector organizations coming together to make this a reality in the Cedar Valley.”  Other entrepreneurially-minded firms on the planning committee include Visual Logic Group, Monday Creations, iGus Marketing, Spinutech, Pixel Labs Creative, Sidecar Coffee Roasters, Far Reach, and Luann Alemao & Associates.

The Cedar Valley joins dozens of other communities across the US where 1 Million Cups is already in operation, including Des Moines, Cedar Rapids, and Iowa City.  The public is invited to sign up to present startup business ideas, RSVP to attend (not required), or to learn more about the initiative via the website at www.cedarvalley1mc.com. To find other local Global Entrepreneurship Week events coming up visit www.iasourcelink.com/gew.

GREATER CEDAR VALLEY ALLIANCE & CHAMBER NOW ACCCEPTING NOMINATIONS FOR ANNUAL DIVERSITY & INCLUSION AWARDS

The Greater Cedar Valley Alliance & Chamber announces nominations will be accepted now through the end of Oct. 31, 2014 for Diversity & Inclusion Business Awards to be presented during the 2015 Annual Celebration on Thursday, March 26th at the Park Place Event Centre.

This recognition is given for outstanding contribution by a business or organization for leadership in creating and strengthening an environment of diversity and inclusion in the workplace culture, business practices and in the community.

Nominations can be made through the nomination form on the Alliance & Chamber website, www.cedarvalleyalliance.com/diversity through the end of October. Nominees will be invited to complete an application and interview process to determine winners.

Past award winners from the 2014 event include Allen College Unity Point and Veridian Credit Union. Past award winners from the 2013 event include Em’s Coffee of Independence, Wheaton Franciscan Healthcare, Iowa, Inc., and Wartburg College.

The Cedar Valley Diversity and Inclusion initiative is designed to strengthen the Cedar Valley through promoting diversity, full inclusion, and cultural competencies in business, and to focus on the importance, impact and benefits to business of effective diversity and inclusion practices. The partnership also hosts an annual educational summit in the fall and two multicultural receptions throughout the year.  The next reception will be Oct. 28th at Hawkeye Community College from 4:30-6:30pm.

Descriptions of the awards, nomination forms, and application form are available at the Alliance & Chamber offices or online at www. cedarvalleyalliance.com/diversity .  For additional information, please contact Alliance & Chamber Vice President of Community Development, Cary Darrah  at cdarrah@cedarvalleyalliance.com or 232-1156.

 

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Waterloo/Cedar Falls Metropolitan Area produces second highest percentage increase GDP gain in Iowa

CEDAR VALLEY OF IOWA (Sept. 2014) The Waterloo/Cedar Falls Metropolitan Statistical Area gross domestic product (GDP) of $8.7 billion from 2012-2013. This is up 5.6% from the previous year, according to data released last week from the U.S. Bureau of Economic Analysis.  Collectively, real GDP for U.S. metropolitan areas increased 1.7% during the same period.

The Metro Area had the second highest percentage increase compared to other Iowa metros.  The largest percentage GDP increases by industry were: Information (7.5%); Real Estate, Rental, Leasing (11.9%); and Finance, Insurance (10.3%).  Manufacturing and Retail grew 3.3% and 3.7% respectively.

“These numbers support what our businesses have been saying all along: the Cedar Valley is strong and growing,” comments Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber. “These gains reflect the confidence of Cedar Valley businesses across the valley who are making investments in their companies, increasing exports, and hiring talented, productive people.”

Other IA metros GDP growth from 2012-2013:

Ames: 5.4%

Cedar Rapids: 3.1%

Des Moines: 4.5%

Dubuque: 1.3%

Iowa City: 4.4%

Quad Cities: 2.8%

Sioux City: 7.3% (25.2% construction led growth by industry sector)

Omaha/Council Bluffs: 3.9%

The complete data can be found here.

The mission of the Greater Cedar Valley Alliance & Chamber is to increase economic vitality and wealth by leading collaborative economic and community development. Details about the many programs and initiatives of the Alliance & Chamber can be found at www.cedarvalleyalliance.com or by calling Steve Dust, CEO at (319) 232-1156.

 

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Alliance & Chamber Supports Cedar Falls Facilities Plan Bond Proposal

The Greater Cedar Valley Alliance & Chamber supports the comprehensive facilities plan proposed by the Cedar Falls Community School District, and encourages patrons of the district to support this important program at the polls on Tuesday September 9.

Businesses and institutions of all types and sizes rely on modern infrastructure to encourage and accommodate economic growth and job creation. Perhaps as in no time in the past, the quality of educational content and experience delivered in advanced school facilities is critical to the continuing strength of our economy. Our Cedar Valley regional school facilities must lead in design, features and amenities to help our students become leaders in educational preparation and attainment.

This is true throughout the Cedar Valley economic area.  We have all seen tangible and intangible benefits from the building program financed by the Local Option Sales Tax over the last decade. Now, it is essential that our educational facilities at all levels prepare students for the emerging jobs and challenges of community citizenship of tomorrow.

We point out that this is precisely the kind of investment that must be made now to ensure that our students can take advantage of the opportunities of the future economy. Our businesses are particularly sensitive to increases in property taxes given the disproportionate burden placed directly on commercial and industrial property owners and indirectly on their tenants. For us to see the advantages to these investments in school facilities, we also recognize a huge return on these investments – a return that comes in the form of more successful teacher recruitment and retention, and student preparation and achievement.  We must see the plan helping to “fill the pipeline” with graduates well-prepared to assume highly productive roles in the future economy. We currently have a skills mismatch, and a shortage of talented people for new jobs that rely on “brainpower” and soft skills. Students with rounded educational experiences highlighted by hands-on experience, and achievement in sciences, technologies, mathematics, as well as the arts and the interpersonal skills are and will be needed. We must make these key investments to provide the best environments in which knowledge and skills are learned and attract the highest quality educators.

But schools facilities construction programs cannot be executed outside the parameters we expect of any public investment in infrastructure or service. Further, with many school districts and institutions within the Cedar Valley examining capital and facilities programs and financings, we must insist on consistency in evaluation of the proposals and value delivered to the taxpayers, as well as the students of our regional districts and institutions.

  • We believe that the plans must take into account the most modern design and service delivery models feasible.
  • The plans must be comprehensive and consider new partnerships with other educational institutions and districts, fulfilling its obligations to the patrons of the specific school district or constituency while maximizing collaboration, coordination and minimization of duplication among neighboring school districts and higher educational institutions in programs, human resources, curriculum, and services.
  • The plans must have been vetted by the patrons in a manner to elicit and consider the spectrum of views on feasibility, financing mechanisms, and impact on their community, in order to establish credibility for the amounts needed to implement modern, and indeed, futuristic facilities expansion, repurposing, and replacement programs.

The Cedar Falls proposal meets these criteria and the expectations of our economy.

  • The district has been very good stewards of the patrons’ funds, maintaining a very low tax rate as compared to similar sized districts
  • The district has not asked their patrons to approve a bond issue for facilities in nearly 40 years.
  • The plan replaces facilities for rational reasons: the new facilities replace obsolete designs that can no longer be modified and upgraded to meet modern standards; landlocked facilities are moved to larger sites where future needs can be anticipated and addressed; and facilities are located where population growth is occurring and anticipated in the district.
  • The plan was vetted by District leadership internally and with significant community involvement, review and comment.

We encourage businesses, parents and all patrons of the Cedar Falls Community School district to support the bond referendum on Tuesday September 9.

Adopted by the Board of Directors

Greater Cedar Valley Alliance & Chamber

 

 

Steve Tscherter

Chair

 

Steve Dust, CEcD

CEO

 

 

 

Hoover Middle School Students Showcase Leadership Knowledge and Skills to Business Professionals at CUNA Mutual

Hoover Middle School students will be showcasing their knowledge of the 7 Habits to CUNA Mutual employees at a 7 Habits Lunch & Learn, Thursday, June 5 in Waverly. The student led presentation will complete a seven part series of luncheons based on the leadership principles outlined in Steven Covey’s bestseller, The 7 Habits of Highly Effective People.

In January 2014, a group of CUNA Mutual employees attended a 7 Habits workshop hosted by the Greater Cedar Valley Alliance & Chamber. Impressed by the 7 Habits experience, those employees returned to the office to share their knowledge with other CUNA employees. The result was a series of lunch and learns based on the 7 Habits.

“We talk about a habit, then challenge participants to live the habit, and do a simple activity relating to that habit during the week.  We start the next week by discussing how last week went,” says

Mary Driscoll, Team Leader, Consumer Service Contact Center at CUNA Mutual Group.

The CUNA organizers inquired of Leader Valley Program Director, Melissa Reade, about having students from a Leader in Me school share their insights and expertise about the 7 Habits and Leader in Me in the final session of the series. Leader in Me is a K-12 initiative to infuse the 7 Habits into school culture in order to better equip students with soft skill for life long success. Leader in Me has been adopted in schools across the Cedar Valley.

 

“We are so pleased to have this unique opportunity for a few of our many talented students to share in a business setting what they have gained from being part of a leadership focused school. We know Hoover students are our future neighbors, friends, employees, leaders, and community members who will shape the Cedar Valley.  At Hoover, we strive to create a leadership culture that instills the necessary essential skills that prepare student for what life has to offer, both professionally and personally,” says Mike Fisher, Principal at Hoover Middle School, “We couldn’t be happier to be presenting and sharing with our CUNA friends.”

CUNA Mutual staff will have the opportunity to interact directly with students as they showcase their leadership displays. The students will then give a presentation on the 7 Habits and lead hands on activities for the CUNA Mutual staff, followed by Q&A and a luncheon.

About the Leader Valley and Leader in Me

The Leader Valley Talent Initiative of the Greater Cedar Valley Alliance & Chamber is an effort to make the Cedar Valley a better place for students to excel and become well prepared for citizenship and their future careers. This is achieved through high levels of community collaboration.  Through Leader Valley, strong partnerships among Cedar Valley businesses, school district administrators and school boards, parents, and the community are being built. Leader in Me is offered to Cedar Valley K-12 schools through Leader Valley, which incorporates leadership into all facets of the school culture.

Hoover Middle School is wrapping up their first year of Leader in Me implementation. The Hoover team has spent a year embedding leadership into all facets of their school culture- from curriculum and instruction to their environment, operational systems, and traditions.

Student leaders at Hoover have ample opportunities to learn about and apply the 7 Habits of Highly Effective People, as well as use and refine their gifts and talents in authentic leadership opportunities ranging from classroom and school-wide leadership roles, leadership committees, clubs, and event planning.

Two highlights for Hoover this year include their Leader in Me Ribbon Cutting, a ceremony commemorating the shift to a leadership culture, as well as their Leadership Day, which allowed community leaders that chance to see Hoover student leaders in action.

CUNA Mutual has been a long-time champion of Leader Valley. In 2013, CUNA Mutual Foundation sponsored Leader in Me implementation at George Washington Carver Academy by providing a $75,000 gift over three years. The foundation plans to make similar gifts for implementing the Leader in Me in additional schools the near future.

For more information contact Program Director, Melissa Reade, at Greater Cedar Valley Alliance & Chamber by calling (319)232-1156 or by email mreade@cedarvalleyalliance.com.

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