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
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