2017 Accelerate Indy Report _FINAL


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2017 IN REVIEW

indychamber.com/accelerateindy

ACCELERATE INDY PROGRESS REPORT A FOREWORD FROM OUR CO-CHAIRS ED BONACH

RETIRED CHIEF EXECUTIVE OFFICER, CNO FINANCIAL GROUP

DAVID LEWIS

VICE PRESIDENT- GLOBAL TAXES CHIEF TAX EXECUTIVE, ELI LILLY & CO

As the first full year of Accelerate Indy, 2017 brought many successes and verified what we already knew: working together is powerful and our community is dedicated to making the Indy region a vibrant metro area through collaboration, engagement, and action. We are proud to co-chair Accelerate Indy and stand behind the efforts of the Indy Chamber as they work to build a modern, innovative economy through the strategy outlined in Accelerate Indy. It has been said that if you want to go quick, go alone, but if you want to go far, go together, and we share the same sentiment as we grow the Indy region. Regional economic development is happening throughout our country and the world - we have no option but to engage collaboratively and compete! With the active involvement of individuals, businesses, not-for-profits, academic institutions and local governments, it is happening here. Thanks to the support of our investors, we have accelerated the pace. We are thrilled to bring you this update on the 2017 activities of Accelerate Indy, and look forward to working with you in 2018!

OUR GUIDING PRINCIPLES THE ACCELERATE INDY PILLARS EDUCATED & TALENTED WORKERS preparing homegrown talent for the high-tech, high-skill economy, attracting educated workers from beyond the Indy Region and Indiana to build a stronger workforce

INNOVATIVE & ENTERPRISING BUSINESSES generate jobs and investment through new business recruitment, helping existing companies succeed, and encouraging entrepreneurial growth

ATTRACTIVE & CONNECTED PLACES create a quality of life that appeals to people and employers, with pro-growth strategies for transportation and transit, land use, and infrastructure

VIBRANT & INVITING IMAGE build a positive brand with global visibility for the Indy region, welcoming new talent and companies

2017 IN REVIEW

a look at our accomplishments INTERNATIONAL ACTIVITY BUSINESS DEVELOPMENT ACTIVITY PROJECTS

83

52

2017

JOBS ANNOUNCED

15,196 11,089

2016

2017

Q3 2016

INVESTMENT

$1,815,057,778 2017

$1,212,705,486 2016

INTERNATIONAL VISITS to the Indy Region

TRADESHOWS/ CONFERENCES attended by staff

GLOBAL INDY ACTIVITY 22

REGIONAL MARKETING regional dashboard To better tell the Indy Region’s story, we worked with Counterpart (formerly WDD Software) and IUPUI to develop a custom regional dashboard using our regional data.

cities visited for business development

21

8 GoGlobal Grants

delegation visits from

$38,000

countries to discuss international business

awarded totaling

3

globally focused events

18

$220,000

grant from JPMorgan Chase & Co. over two years to grow international activity

ENTREPRENEUR SERVICES explore the regional dashboard at stats.indychamber.com

marketing platform In a collaborative effort by the Indy Chamber, Avalanche Consulting, and Borshoff, 2017 marked the beginning of the development of a marketing platform and tactical strategy for the Indy Region. The project’s goal is to offer research-based messaging that reflects the Indy region’s dynamism and differentiating characteristics, and an action plan that will position the region as a highly desirable destination for businesses and talent.

internal marketing

external marketing

update marketing tools

1,434 business coaching

clients

15

microlending

closed loans

53

one million cups

events

4,482 hours

$444,145 amount distributed

805

attendees

28

startup presentations

MILESTONES • Started One Million Cups - a weekly startup support event • Received second year funding for the ReEntry Development Initiative - a program that teaches entrepreneurship skills to incarcerated and formerly incarcerated individuals • Expanded regional business coaching into Hendricks County

WHAT’S AHEAD a preview of 2018

BUSINESS DEVELOPMENT

REGIONAL MARKETING • Will launch a new website and production tool to respond to the needs of future talent and business prospects • Will begin national and international marketing to position the Indy Region as a modern, global city

• Will create a business development calendar to target specific markets, tradeshows, and conferences nationally and internationally • Will open the Global Indy Business Center, a launch pad for foreign companies interested in our regional market • Will form a robust export strategy

TALENT ATTRACTION

ANCHOR INSTITUTIONS

• Will focus on live, hire, and buy strategies to engage regional institutions to participate in and spur the local economy

• Will hire a team to oversee talent attraction

MAKE AN IMPACT ON OUR REGIONAL ECONOMIC DEVELOPMENT. Contact Maureen Donohue Krauss at [email protected] or 317.464.2234.

LEADERSHIP COUNCIL

THANK YOU

TO OUR ACCELERATE INDY INVESTORS & PUBLIC PARTNERS PRESIDENT’S COUNCIL PUBLIC PARTNERS

CIRCLE OF CHAMPIONS • • • • • • • •

TEAM INVESTOR

REGIONAL PLAYER

Beck’s Hybrids BKD LLP CORE Planning Strategies KeyBank Ivy Tech Community College Sandor Development Co. Schmidt Associates Shelby Materials

• • • • • • • • •

• • • • • • • • • • • • • •

Boone County Economic Development Corporation City of Fishers City of Greenwood City of Noblesville City of Westfield Develop Indy Hamilton County Economic Development Corporation Hancock Economic Development Council Hendricks County Economic Development Partnership Johnson County Development Corporation Madison County Corporation for Economic Development Morgan County Economic Development Corporation Shelby County Development Corporation Town of Plainfield

American Structurepoint Endress + Hauser Huntington Bank National Bank of Indianapolis Ohio Properties Quality Connection Rolls Royce Shiel Sexton Co., Inc. Vectren Corporation

indychamber.com/accelerateindy