DRIVING ECONOMIC GROWTH Milwaukee 7 Council Meeting February 27, 2014
JOHN DANIELS – M7 Co-Chair Chair emeritus Chair Quarles & Brady Greater Milwaukee Committee
Jim Ladwig Bryan Albrecht County Executive President Gateway Technical College Racine County
Business Progress Skills Plan Report Gap AGENDA M7
Globally High-value Sustainable competitive employment quality of life Purpose M7
Global software development and IT services company HQ’d in Shanghai, China Opened its newest software development center in Brookfield Will provide software development, testing, systems integration and outcomes-based managed services for key solutions and industries 100 jobs WIN: Bleum Inc. M7
Manufacturer of packaging automation systems Relocation of HQ and mfg ops to Glendale from Wisconsin Rapids 25 employees Lead from another business that M7 tried to lure to the region WIN: Toellner Systems M7
Door-opener: Letter from Governor Walker Target: 800 manufacturers in northeastern Illinois with 25 or more employees 43 visits since October 11 return visits from target companies 4 active M-7 prospects Illinois Campaign M7
Manufacturer of electrical components Will relocate – HQ, engineering and production – to new site in SE Wisconsin 400 jobs in 2014; 620 by 2018; average salary $55,000 Will construct new 350,000 sf facility Competitive process: WI v. IL Collaborative recruitment efforts by M-7, Governor Walker, WEDC, and local elected and economic development officials WIN: Kenall M7
Randy Hernandez Executive VP Operations Kenall
41 Active Projects Pipeline of Prospects M7
6,000 Potential Jobs Pipeline of Prospects M7
Exporting
Bill Burnett Director Export Services
M7 Export Survey www.surveymonkey.com/s/M7_Council Survey M7
Photo Credit: Kahler Slater 247 W. Freshwater Way | Milwaukee, WI 53204 | 414-988-8750 Global Water Center M7
Mid-West Energy Research Consortium Major Milestones Successful Transition of M-WERC into an 8 State Regional Entity M-WERC authorized FY 14 Technology Innovation Grants ~$450k M-WERC Board Approved Energy Innovation Accelerator Completed Two Technology Focus Area Proprietary Road Maps M-WERC M7
PHASE 1 ACCOMPLISHMENTS • 24.6% Average projected increase in 2014 revenues above and beyond initial projections by 2013 Scalerator participants • 15+ Google Hangouts; 19 video interviews; 1700+ user views • 7 Local, national or international print media stories; 121 online media stories; 7 TV broadcasts; 2 radio interviews • 2 Mayoral roundtables; 15 participating entrepreneurs • 10 Regional universities sent 24 professors to Faculty Workshop • 75+ Attendees at Financial Stakeholder Workshop • 210 Attendees at Corporate Venture Forum SCALE UP M7
PHASE 2 ACTION ITEMS • Educational programs for growth-oriented entrepreneurs • Communicating MKE’s entrepreneurship assets nationwide • Working with municipal, county and state government to support entrepreneurial growth • Collaborating with local e.d. groups to create scale up programs • Helping to unlock existing debt and equity capital SCALE UP M7
Skills Gap
Dr. Ed Gordon President Imperial Consulting
NEXT MEETING: Driving JUNE 19 Economic Growth MILWAUKEE COUNTY Milwaukee 7 Council Meeting November 5, 2013
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