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GREATER CEDAR VALLEY ALLIANCE & CHAMBER and the CEDAR VALLEY REGIONAL PARTNERSHIP ANNOUNCE DREAM BIG GROW HERE CEDAR VALLEY $5,000 WINNER

Cedar Valley of Iowa -The 2nd Annual Dream Big Grow Here Cedar Valley contest concluded on the evening of October 18th, 2012 with a “pitch-off” by five finalist of the online popular vote portion of the $5,000 grant contest.

The winner of the pitch-off, Lizzy Mae’s Cupcakes & Sweets – pitched by Dawn Pursell of Waverly, was chosen by a panel of business entrepreneurs and experts from the fields of law, technology, finance and entertainment. Twenty-one start-ups and small businesses participated in the popular online voting generating over 9,300 votes, from 44 states and 16 countries.

The Dream Big Grow Here Cedar Valley competition provides early stage and emerging small business an additional financial boost to accelerate the growth of their business.  The contest was open to start-up and small businesses in the Cedar Valley Economic Area comprised of Butler, Bremer, Buchanan, Black Hawk, Chickasaw, Grundy, and Tama counties.

“This year we saw more businesses competing in the contest take advantage of the free business services available through the University of Northern Iowa, MyEntrenet and the Small Business Development Center” commented Steve Dust, CEO, Greater Cedar Valley Alliance and Chamber.

“This is the whole point of the contest…helping these individuals take their business idea to the next level.” added Nate Clayberg, Chair, Cedar Valley Marketing Partnership.

Both the Greater Cedar Valley Alliance and Chamber and the Cedar Valley Regional Partnership were regional sponsors of the statewide contest.  Lizzy Mae’s Cupcakes & Sweets will compete March 7, 2013 for a chance to win $10,000 at the statewide pitch off sponsored by MyEntre.net during their annual conference. Pursell plans to use the prize money to expand her baking operation and open a store front in Waverly.

Other event sponsors for the Dream Big Grow Here Cedar Valley Pitch-Off event included, MyEntre.net, UNI’s Business Incubator, Point Builders and PDCM Insurance.

Other finalist included:

Computer Troubleshooters Computer Service and Sales(Cory Vieth) – Waterloo, Eat Cakes Cakery (Elizabeth Wilson)– Hudson , Watapri (Jane Zehr)– Waverly, and Recycle Rite Inc. (Brian Hoyer)- Cedar Falls.

Kate Washut of Far Reach Technologies moderated the Pitch-off. The judges panel included; Wade Arnold CEO of Banno; Darin Beck CEO of Barmuda MMC; Eric Johnson of Beecher, Field, Walker, Morris, Hoffman & Johnson, P.C.; Mark Stewart of Prime Logic Partners and Nick Evens of  The Veridian Group.

 

Returning to the Dream Big Grow Here Cedar Valley Pitch-Off event and delivering the keynote was author Sarah Miller Caldicott, great grand niece of Thomas Edison. Caldicott’s presentation How Collaboration Drives Innovation: A Midnight Lunch with Thomas Edison, was based on a soon to be released book. Co – author of the book Innovate Like Edison, Caldicott has recently released an e-book titled Inventing the Future: What Would Thomas Edison be Doing Today.

 

Dust added, “Cedar Valley Innovation Day is one way to celebrate the strength and vitality of the individual entrepreneurial drive in the Cedar Valley economic area, and the improvements it brings our businesses and lives.

 

The contestants of Dream Big Grow Here-Cedar Valley have taken the first steps to growing the next dominant business with whatever product or service improvement they have put into the marketplace. These aren’t hobbies, or businesses that plan to remain garage-based operations. DBGH-Cedar Valley contestants are in the mold of many, many other Cedar Valley dreamers who started with a vision to help businesses and consumers to do something better – innovating. Their success at innovation has earned them a place among the best in the nation in their industries. Remember, the innovation of John Froelich and his partners in the Waterloo Gasoline Traction Engine Co. – introducing gasoline powered traction – changed agriculture around the globe. It’s that commitment to find new, better ways to produce and provide in America’s Free Enterprise system – innovation – from the Cedar Valley – that is celebrated in this event.

 

Cedar Valley Innovation Day is a way to inform and demonstrate why it’s critical to create a welcoming place for people to innovate. We need that brainpower – continually striving to find the next better way to do something – create – make – or deliver something – to expand our economy. Encouraging, welcoming and celebrating innovation is still another way to Be Part of Something Greater – the Cedar Valley of Iowa.”

 

More information about Lizzy Mae’s Cupcakes & Sweets can be found at www.facebook.com/LizzyMaes Cupcakes Sweets.

 

Plans are already underway for the 2013 Dream Big Grow Here Cedar Valley & Cedar Valley Innovation Day.  Businesses and individuals interested in participating or sponsorships should contact the Greater Cedar Valley Alliance and Chamber at 319-232-1156.

 

Technology and Innovation based ED through Ecomomic Gardening

I’ve attached a whitepaper on the economic development strategy which encompasses what is usually known as economic gardening. The paper is somewhat broader, addressing the overall system of support and action that should be led by the economic development/chamber entity.

The point made by the author is that smaller, younger businesses have always been a very large source of net new jobs on a national level, and that is certainly the case in most regional economies, too. You’ll recall the David Birch work in the 80’s on the importance of gazelle firms. The concept of economic gardening implements a strategy that recognizes that ED delivery systems, and chamber support for the targeted, growth oriented smaller businesses in the basic and service sectors are different than the location and major expansion process focused generally on capital investment, and the systems of communications and networking we’ve become accustomed should by adjusted, too.

The relationship between ED/chamber and the target firms must also be different today than in the past, as is pointed out early in the whitepaper. This is a shift that your GCVAC team has been and is continuously working on.

This approach is entirely consistent with GCVAC’s strategic goal of Implementing Technology and Innovation Based Economic Development. You will see our version of economic gardening implementation starting about January 1. It will be the topic of a board meeting this fall.

Finally, the publisher of the whitepaper –EvisThrive – is a firm that delivers a service that organizations like GCVAC can use to create the systems and connections to implement an entreprenuerial growth strategy. Very good thinking has gone into it and it’s worth study.

Steven J. Dust CEcD
CEO
Greater Cedar Valley Alliance & Chamber

Download whitepaper – “How Entrepreneurs Will Power the Economy”

Call for Entries Dream Big Grow Here

Cedar Valley Dream Big Grow Here Contest Call for Entries September 4-18

The Dream Big, Grow Here business grant contest is an opportunity for Iowans to win one regional $5,000 small business grant and then go on to pitch their business for a shot at a $10,000 grand prize.

For-profit start-up and small businesses providing value-added production or services in Black Hawk, Bremer, Buchanan, Butler, Chickasaw, Grundy and Tama counties are eligible to apply. Qualifying applicants will receive confirmation within 2 business days. See contest rules.

The top 5 businesses by popular online voting will face off in the Cedar Valley DBGH Pitch-Off for a chance to win $5,000 to start or grow their small business on October 18, 2012 at the Cedar Valley Innovation Day. The Cedar Valley Pitch-Off winner will advance to the statewide Pitch-Off for an additional $10,000 the Spring 2013.

Top 15 businesses by popular online voting are invited to set up a table at the Cedar Valley Innovation Day on October 18, 2012 to showcase their product or service to regional business leaders and other entrepreneurs.

Learn more from this excellent KWWL video news story.

Find out more at http://www.dreambiggrowhere.com/HowItWorks.aspx?contest=17

Cedar Valley Innovation Day

Cedar Valley’s Innovation Day celebrates the best in innovative information technology, value-added production and related business services from start-ups and small businesses in the Cedar Valley Region.

GCVAC has teamed up with Technology Association of Iowa (TAI) to bring TAI’s Pitch & Grow event to the Cedar Valley Region.

In addition, the Cedar Valley Region will be celebrating the top 15 popular vote winners from the Dream Big Grow Here Cedar Valley contest while the top 5 popular vote winners will Pitch-Off for the grand prize of $5,000.

The day will conclude with keynote speaker Sarah Miller Caldicott, great grandniece of Thomas Edison, discussing her book Inventing the Future a look at how Edison would innovate today using new technology and how individuals can adapt his proven innovation methods to their advantage.

All events will occur at the University of Northern Iowa Campus – Business & Community Services and Center for Energy & Environment Education Buildings.

Find out more about all three components of Innovation Day at: http://cedarvalleyalliance.com/cms/238/Cedar_Valley_Innovation_Day

Or contact Lisa Skubal at the Greater Cedar Valley Alliance & Chamber, 319-232-1156,
or lskubal@cedarvalleyalliance.com.

 

Opportunities Left by PFG

The well documented but still emerging bankruptcy of PFGBEST placed the Cedar Valley of Iowa in the national headlines.  In the wake, nearly 200 people were left out of work, financial obligations to global investors, suppliers, and a variety of other interests, including the GCVAC remain unmet. Though this event and its fallout present challenges, it also opens doors of opportunity for Cedar Valley businesses and GCVAC to respond with practical and creative solutions.

 

A state of the art building filled with advanced information technology infrastructure is now available for growth of a Cedar Valley business, or a new corporate citizen. Further, the availability of former PFG and MyVerona employees provides an opportunity for local companies to hire well trained and highly skilled talent in a wide range of jobs.

 

To facilitate this, the Greater Cedar Valley Alliance & Chamber established Cedar Valley Talent Connect.  In cooperation with our local economic development partners, workforce agencies and the GCVAC investor base, Talent Connect facilitates the match of PFG’s displaced job seekers with businesses looking to hire through job fairs, and web-based tools for sharing resumes and job postings.  Beyond the immediate circumstances, Cedar Valley Talent Connect will be further developed and deployed to respond to ongoing demand for skilled, talented people in the Cedar Valley.

 

The national and regional media attention is providing opportunities to accentuate our talented people and expanding businesses.  By concentrating on helping you, our investors, to match your open job opportunities with available PFG talent, and seeking future uses for the extraordinary, available headquarters building, we’re working to keep the demise of PFG from overshadowing the great things that are happening all over the Cedar Valley economic area.  We will continue to use the attention drawn by this unfortunate event to present the stories of success of our businesses and talented people of the Cedar Valley. Our – your – resilience and determination to succeed is the correct, lasting storyline.

 

GREATER CEDAR VALLEY ALLIANCE & CHAMBER LAUNCHES

Tuesday, July 17th, The Greater Cedar Valley Alliance & Chamber hosted a Campaign Kick-off event to launch their Fulfilling the Vision2 campaign and to unveil their five-year Plan for Regional Growth .  The event, held at the Waterloo Center for the Arts, was hosted by Campaign Chairman Thad Nevitt of Deere & Company.  A broad-based program celebrated recent accomplishments and Alliance economic development activities presented by Alliance & Chamber CEO, Steve Dust.  A presentation of The Plan for Regional Economic Growth was given by Alliance & Chamber Board Chair -elect Kris Hansen.  Outgoing Alliance & Chamber Board Chair Hugh Field also made comments.

Among those in attendance were regional businesses and institutions who have already made commitments to the current campaign, those who have participated in the past as well as potential investors in the campaign. The Fulfilling the Vision 2 campaign funds the ongoing efforts of the Alliance & Chamber to support existing local business, attract new business, and aid in the retention, development and attraction of talent to the greater Cedar Valley Region of Iowa.

 

FtV2 is the follow-up campaign to the successful Fulfilling the Vision initiative of the Greater Cedar Valley Alliance & Chamber. With this new campaign, the Alliance & Chamber will be raising the Cedar Valley to a greater power.

Goals of the campaign are as follows; to develop and strengthen a technology and innovation based regional economy, to act as a catalyst and focal point of effective regional action on economic issues of importance to businesses and institutions throughout the Cedar Valley economic area, and to increase the effectiveness of Alliance organizations.

These goals will be reached through focused efforts in six areas: Workforce and Talent, Business Growth, Advocacy for the Cedar Valley, Increasing Cedar Valley Regional Collaboration, Cedar Valley Business Intelligence and Economic Performance Data, and Reporting Our Success.

The FtV2 Campaign Goal

The goal to raise $4.25 million through the FtV2 campaign will be invested over the next five years in our work to attain the business development goals.

FtV2 ROI Estimates

Most importantly, The Greater Cedar Valley Alliance & Chamber estimates that their efforts will generate 100 opportunities for business expansion, retention and recruitment, at an average of $5 million in value.  They are also projecting new jobs with a target floor rate of $19 an hour. These jobs should  influence produce $66,975,00 in annual total earnings adding $37,021,302 in annual area consumer expenditures and up to $5,787,220 in annual deposits for area banks.

A website and video have been produced for the campaign and can be viewed at www.FtV2.org.

 

The Greater Cedar Valley Alliance & Chamber (GCVA&C) is a private, not-for-profit corporation whose investors and members include businesses, institutions, governments and professionals dedicated to continuously improving the economic environment and quality of life in the Cedar Valley.

The Cedar Valley-generally encompassing a 30-mile radius around the Waterloo/Cedar Falls metro-is one economy comprised of thriving corporations, enterprise-level institutions and locally owned businesses, as well as talented, skilled people pursuing careers and enjoying life.

Greater Cedar Valley Alliance & Chamber Launches New Online Resource

(06/14/2012, Waterloo, IA) – The Greater Cedar Valley Alliance & Chamber announced today the debut of their new business-focused website. The Alliance & Chamber brought the features and related information from multiple economic development and chamber of commerce sites, into one integrated web presence (www.cedarvalleyalliance.com).

The Alliance & Chamber’s website serves as a resource for new and growing businesses, important economic and community data including economic profiles, demographics, major employers, cost of living and more. In addition, it will highlight tools and resources for members including legislative advocacy efforts, quality of life amenities, education and workforce resources, as well as business education and networking events and promotional opportunities for member/ investors.

To increase traffic, this media-rich website has maximized search engine optimization, social media integration, and value-added features such as a events calendar and enhanced membership directory. The directory now includes links to investor websites, video, introduction, and social media. These features, along with tools to promote events and products will provide greater exposure and drive more traffic to member/investor websites and locations.

Fresh content, relevant to the business community will be posted frequently including the latest press releases, community and economic news, TechWorks and legislative advocacy updates, and timely postings from the CEO. The new media center allows visitors to access links to online versions of print publications and newsletters with Courier Communications and other Cedar Valley media partners. The video and photo galleries give viewers a more complete picture of the Cedar Valley communities and resources.

The flexibility of the new site allows information about the entire Cedar Valley economic area to be added.

To further enhance the sites value proposition to investors and users, a mobile application will be launched later this summer. The application, will allow smart phone users to access the fully searchable investor business directory, find businesses closest to them, access information about current promotions, provide single click mapping and dialing to businesses, plus news and event reminders.

“The new website is an advanced tool for providing resources and information to our investors, the Cedar Valley and businesses considering locating to our region,” explains Steven J. Dust Greater Cedar Valley Alliance and Chamber CEO, “It helps us achieve our primary goal; to provide information instantly that accommodates both today’s product selection and buying decisions as well as business location decisions.”

The Greater Cedar Valley Alliance & Chamber brings together nearly 900 businesses, local governments, healthcare and educational institutions to make the Cedar Valley of Iowa one of the nation’s best places to do business and enjoy life. With the support and efforts of the investors and member volunteers, the Alliance & Chamber serves as a conduit for information about the region, its businesses and the issues that affect them and provides opportunities for significant professional networking, business education and promotion. The Alliance & Chamber supports workforce & talent development, and aggressively works to improve our positive climate for business expansion and growth.

The Greater Cedar Valley Alliance & Chamber encourages interested parties to Be Part of Something Greater by visiting www.cedarvalleyalliance.com.

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