EDA Update
Vol. 3 No. 5 March 2006



In this issue...

  • EDA’s Excellence in Economic Development Awards 2006 Nomination Brochure Available
  • IEDC’s Volunteer Program Helping with Gulf Coast Economic Recovery
  • White House Gulf Coast Update: Hurricane Relief, Recovery, and Rebuilding Continues
  • “Global Gateways” – America’s Strategic Economic Corridors
  • Economic Development Today Telecast on Rural Entrepreneurship and Innovative Leadership to Air March 28 (3:00 - 4:00 EDT)
  • “Rural Entrepreneurship and Innovative Leadership” to Be Featured in Next Edition of Economic Development America
  • U.S. Department of Labor’s WIRED Initiative Invests $195 Million in 13 Regional Economies

How to subscribe: To subscribe yourself or a colleague to EDA Update, send an email with contact information, including email address, to Jason Christian at jchristian@iedconline.org.



EDA’s Excellence in Economic Development Awards 2006 Nomination Brochure Available

EDA is proud to accept nominations for the Excellence in Economic Development Awards 2006. Awards will be presented in the winners’ respective communities, following EDA’s announcement of winners in the following seven categories:

  • Excellence in Urban or Suburban Economic Development
  • Excellence in Rural Economic Development
  • Excellence in Enhancing Regional Competitiveness
  • Excellence in Economic Adjustment Strategies
  • Excellence in Technology-led Economic Development
  • Excellence in Community and Faith-Based Social Entrepreneurship
  • Excellence in Innovation

The competition is open to nonprofit organizations, local, state and regional government entities, universities and colleges. A highly qualified and independent panel of economic development practitioners, academics and government representatives will make the award selections.

The nomination criteria and application information are provided in the 2006 brochure, which is available at www.eda.gov/NewsEvents/ExcellenceAwards.xml.

If you have any questions, please contact EDA’s Legislative and Intergovernmental Affairs Division at 202-482-2900.



IEDC’s Volunteer Program Helping with Gulf Coast Economic Recovery

The International Economic Development Council’s (IEDC) Economic Recovery Volunteer Program, funded by EDA, deploys IEDC members to economic development organizations and Business Assistance Centers located in areas that suffered heavy hurricane damage. The objective is to increase the post-disaster survival rate of small- and medium-size businesses and assist with long-term economic recovery.

The program was launched in early December, and to date has sent 31 volunteers to seven locations in southern Louisiana and Mississippi. IEDC volunteers have served over 120 businesses with one-on-one counsel. Along with assistance to businesses, volunteers provide technical assistance and strategic planning for the economic development organizations and chambers of commerce where they are stationed. For example, volunteer teams at the Hancock County Business Assistance Center in Bay St. Louis, Mississippi, created a report of recommended economic recovery goals and strategies. The Bay St. Louis Chamber of Commerce has since implemented many of these strategies, and volunteers continue to update and build upon the report.

Volunteers at Greater New Orleans Inc., a regional economic development organization, offer crucial technical and organizational assistance. Volunteers have developed grant proposals totaling more than $600 million for reinvestment projects in the New Orleans region. They are also helping to create regional plans that address business retention and expansion, parish long-term recovery and key industry targeting.

Volunteers continue to serve as off-site resources long after their one-to-two week initial service periods. Through blogs, on-line portals and e-mail exchanges set up by IEDC, volunteers provide counsel to businesses, consult with regional economic development organizations and communicate with future volunteers. This ongoing, off-site communication fosters project continuity and lasting impacts.

IEDC continues to schedule volunteers and expand the Economic Recovery Volunteer Program where needs exist. Approximately 20 volunteers are scheduled to go to the region during the months of March and April.

For more information on the Economic Recovery Volunteer Program, please contact Rebecca Moudry at (202) 942-9450 or Rmoudry@iedconline.org, or visit IEDC’s website at www.iedconline.org/?p=Economic_Recovery_Initiatives.



White House Gulf Coast Update: Hurricane Relief, Recovery, and Rebuilding Continues

The devastation of Hurricane Katrina has required an unprecedented response by federal, state, and local governments, as well as the private sector. Relief, recovery, and reconstruction efforts are ongoing – and will continue until this vital region is up and running again.

  • Clearing Debris. Roughly 80 percent of non-demolition debris, totaling more than 80 million cubic yards, has been removed. To ensure debris removal continues and the process of rebuilding can proceed, the federal government is covering 100 percent of the cost of this cleanup through June 30, whether the task is performed by contractors hired by the U.S. Army Corps of Engineers or by local officials, and 90 percent of the cost thereafter.

  • Strengthening Hurricane Defenses. In order for the Crescent City to rebuild, and for citizens and businesses to feel confident in returning, New Orleans needs a modern-day, reliable flood and storm protection system. By June 1, the beginning of the next hurricane season, all 169 miles of damaged levees and floodwalls will have been restored to their design height. This will include correction of any identified design and construction flaws and will account for compaction and subsidence.

  • Restoring Gulf Coast School Libraries. Mrs. Bush is leading the effort to refurbish Gulf Coast school libraries. Through the Laura Bush Foundation’s Gulf Coast School Library Recovery Initiative, grants are available for books for school libraries in the Gulf Coast region affected by Hurricanes Katrina, Rita, or Wilma. For more information, please visit www.LauraBushFoundation.org.

  • The Region's Reconstruction and Economic Recovery Are Top Priorities for the Administration. More than 16,000 federal personnel have been deployed to help state and local officials along the Gulf Coast recover. Some $88 billion in federal aid has been made available for relief, recovery, and rebuilding, with another $20 billion requested to support ongoing recovery efforts of the Department of Housing and Urban Development (HUD), U.S. Army Corps of Engineers, Federal Emergency Management Agency (FEMA), Small Business Administration (SBA), and other Federal government agencies.



“Global Gateways” – America’s Strategic Economic Corridors

From left to right, the Global Gateways panelists included Jeffrey Heller, Norfolk Southern Corporation; Gary Gallegos, San Diego Association of Governments; Gayle Rusing, CEcD, Greater Yuma Economic Development Corporation; and moderator Matthew Crow of EDA.
On February 14, the National Association of Regional Councils (NARC) and EDA aired a telecast on “Global Gateways.” The telecast was moderated by Matthew Crow, EDA’s Director of Communications. Panelists included Mr. Gary Gallegos, Executive Director, San Diego Association of Governments; Ms. Gayle Rusing, CEcD, President/CEO, Greater Yuma Economic Development Corporation; and Mr. Jeffrey S. Heller, Assistant Vice President, International Marketing, Norfolk Southern Corporation.

Global gateways are strategic and economic centers that connect businesses, talent, markets, and other resources through critical corridors. The telecast addressed how two regional collaborations and one business are playing roles in planning and developing their regions for global competitiveness.

Gary Gallegos discussed the relationship between the San Diego and Baja California and the region’s bi-national economy. In partnership with Caltrans, SANDAG conducted a study to estimate the economic impact of border delays on the region and found it to be significant. San Diego is now looking at various options for funding the upgrade of its transportation infrastructure.

Gayle Rusing introduced Yuma County as a burgeoning gateway due to its strategic location, plentiful workforce and receptiveness to economic opportunity. Regional partnerships also have been vital in the region’s success. Rusing stated that Greater Yuma EDC is currently working with its partners to expand rail capacity and airport cargo facilities in anticipation of San Luis II commercial port construction. The new port will ease congestion at the crossing and allow expansion of trade activity and investment between the states of Sonora (Mexico) and Arizona.

Of the many important subjects discussed by the panelists, three common themes emerged:

  1. Funding Streams and Infrastructure Investments: Congestion and gridlock can negatively impact regional competitiveness. Funding infrastructure will have to come from a diverse set of stakeholders, due to its high costs.

  2. Partnerships and Collaboration: Involving as many stakeholders as possible and as early as possible in the planning process is critical for creating successful development projects. This enhances funding streams and efficient project implementation, particularly when the public and private sectors work together.

  3. Education and Civic Engagement: Federal and state governments, private industry, local elected officials and the general public must take ownership of a region’s economic development plans. This calls for significant education and outreach.

To view the telecast, visit www.eda.gov/NewsEvents/WebCastsVideos.xml. To learn more about Economic Development Today telecasts, please contact Peggy Tadej at 202-986-1032, ext 224.



Economic Development Today Telecast on Rural Entrepreneurship and Innovative Leadership to Air March 28 (3:00 - 4:00 EDT)

Rural America is home to nearly a quarter of the nation’s people, yet rural America performs differently than the rest of the U.S. economy due to changing technological and global challenges.

The prosperity of rural regions is critical to America’s global competitiveness. As traditional rural economic development strategies have struggled to yield outcomes in an era of increased global competition, increased emphasis has been placed on rural entrepreneurship and innovation. In this context, telecast panelists will address:

  • Research findings on building support systems for rural entrepreneurs;
  • Success stories of how rural communities have developed from within;
  • Examples of entrepreneurs that have benefited from their unique local assets; and
  • Lessons learned for rural communities to strengthen their workforce and tap into a worldwide economy.

The telecast will feature the Kellogg Foundation, which has been at the forefront of developing a framework to implement the best ideas about entrepreneurship in rural places.

Moderator:

  • Matthew E. Crow, Director of Communications, EDA

Panelists:

  • Dr. Richard Foster, Vice President for Programs, Food Systems, Rural Development and Leadership, W.K. Kellogg Foundation
  • Two rural businesses owners will discuss their experiences and progress as innovative leaders in their regions.

To register for this event, please go online to www.narc.org/ed/ecodev-main.html. If you have questions, contact Peggy Tadej at (202) 986-1032, ext. 224 or Tadej@narc.org.

To view Webcasts of previous shows, please visit www.eda.gov/NewsEvents/WebCastsVideos.xml.



“Rural Entrepreneurship and Innovative Leadership” to Be Featured in Next Edition of Economic Development America

Expect the Winter 2006 edition of Economic Development America magazine to appear in your mailbox soon. Other themes for 2006 include:

  • Global Gateways
  • Financial Tools for Economic Development
  • Performance Metrics: What Is Your Economic Development Return on Investment?

Story ideas are welcomed for each of the 2006 editions of the magazine. For more information, contact editor Louise Anderson at landerson@iedconline.org. Past issues of Economic Development America magazine are available at www.eda.gov/NewsEvents/Edevinfocoalition.xml.



U.S. Department of Labor’s WIRED Initiative Invests $195 Million in 13 Regional Economies

Workforce Innovation in Regional Economic Development (WIRED) is a new initiative that focuses on the role of talent development in driving regional economic competitiveness, increased job growth and new opportunities for American workers. Through WIRED, the U.S. Department of Labor will invest $195 million in thirteen regional economies over a three-year period.

The goal of the WIRED initiative is to transform regional economies by enlisting the skills of numerous and varied players to research and produce long-term strategic plans that prepare workers for high-skill, high-wage opportunities in the coming years.

For more information, visit the Employment and Training Administration’s Web site at www.doleta.gov.



EDA Update is brought to you as a benefit of a partnership among the Economic Development Administration (EDA), the International Economic Development Council (IEDC) and the National Association of Regional Councils (NARC), to provide information about economic development practices and programs to economic development practitioners who serve distressed communities throughout the United States. This partnership also provides six telecasts and a quarterly magazine. For more information, visit the EDA Web site.




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