Ext conference lb 9 24-10

Editor's Notes

• #4: Sometimes discussions about economic dev focus on “tax base”. I see tax base as a bi-product of the creation of jobs, income, and wealth. And….one cannot talk about tax base without some discussion of the cost of public services. And….there are certainly examples where the addition of businesses and employers can in fact have a negative impact on tax base…The adult book store on Main StreetAn industry that has a negative impact on the air, water or land….i.e. the paper industry…Oscar Meyers in Madison- A business that dominates a market, pays low wages and benefits, and crowds out existing businesses that paid livable wages
• #7: Describe what an “asset based strategy” is and how it is different from other strategies. There are a number of asset based economic development strategies that have emerged in recent years – and several that groups and organizations are pursuing on our area- including - “Economic Gardening”- Littleton Colorado, “Enterprise Facilitation”- pioneered by Ernesto Sirolli and “HomeTown Competitiveness” - a model being piloted in the entire state of Nebraska.
• #9: There are a number of asset based economic development strategies that have emerged in recent years – and several that groups and organizations are pursuing on our area- including - “Economic Gardening”- Littleton Colorado, “Enterprise Facilitation”- pioneered by Ernesto Sirolli and “HomeTown Competitiveness” - a model being piloted in the entire state of Nebraska. This is a partnership between the Heartland Center for Leadership Development, the Nebraska Community Foundation and the Center for Rural Entrepreneurship.The Hometown CompetetivenessModel is a partnership between the Heartland Center for Leadership Development, the Nebraska Community Foundation and the Center for Rural Entrepreneurship. We chose to highlight this model in particular because it is a more systematic strategy for rural economic development and focuses on areas that are almost always under developed in rural communities. This approach rejects traditional tunnel vision of “smokestack chasing” for economic development to focus instead on:Leadership development strives to strengthen the capacity of residents to improve and sustain their community. The goal of youth development is to support and enhance the idea of adults and youth working together to create opportunities for youth to stay in or return to the community. The purpose of developing charitable assets is to strengthen and sustain charitable giving at the local level in order to build an endowment that will sustain local civic institutions and create a new source of opportunity capital for community economic development efforts. The efforts of entrepreneurial development work to identify and assess entrepreneurial talent in the community and to devise an economic development strategy to increase entrepreneurial business development.I’d like to touch briefly on some of the programs we are working on in Crawford County to address these four areas- Tourism Development, Inventors and Entrepreneurs Club, and the Crawford County Community FundI’d like to note that while there are project in the works in of these areas in Crawford County these have become our areas of focus not so much because we read about how its working elsewhere but more because we are starting with what we have and these are the areas that are working on the ground.
• #10: NOT SURE WHAT TODO WITH THIS SLIDE??
• #11: The Community Capitals FrameworkCornelia and Jan Flora (2008) developed the Community Capitals Framework as an approach to analyze how communities work. Based on their research to uncover characteristics of entrepreneurial and sustainable communities, they found that the communities most successful in supporting healthy sustainable community and economic development paid attention to all seven types of capital: natural, cultural, human, social, political, financial and built. In addition to identifying the capitals and the role each plays in community economic development, this approach also focuses on the interaction among these seven capitals as well as how investments in one capital can build assets in others. The seven capitals include: Naturalcapital: Those assets that abide in a location, including resources, amenities and natural beauty.Cultural capital: Reflects the way people “know the world” and how to act within it. Cultural capital includes the dynamics of who we know and feel comfortable with, what heritages are valued, collaboration across races, ethnicities, and generations, etc. Cultural capital influences what voices are heard and listened to, which voices have influence in what areas, and how creativity, innovation, and influence emerge and are nurtured. Cultural capital might include ethnic festivals, multi-lingual populations or a strong work ethic.Human capital: The skills and abilities of people, as well as the ability to access outside resources and bodies of knowledge in order to increase understanding and to identify promising practices. Human capital also addresses leadership’s ability to “lead across differences,” to focus on assets, to be inclusive and participatory, and to be proactive in shaping the future of the community or group.  Social capital: Reflects the connections among people and organizations or the social glue to make things happen.Bonding social capital refers to those close ties that build community cohesion. Bridging social capital involves weak ties that create and maintain bridges among organizations and communities. Political capital: The ability to influence standards, rules, regulations and their enforcement. It reflects access to power and power brokers, such as access to a local office of a member of Congress, access to local, county, state, or tribal government officials, or leverage with a regional company.  Financial capital: The financial resources available to invest in community capacity building, to underwrite businesses development, to support civic and social entrepreneurship, and to accumulate wealth for future community development. Built capital: The infrastructure that supports the community, such as telecommunications, industrial parks, mainstreets, water and sewer systems, roads, etc. Built capital is often a focus of community development efforts.
• #14: This section represents the “Decision Making” part of the Schaffer Star
• #22: Unfortunately, this is often how we receive data and too often, how we deliver data.WOW, he/she sure knows a lot about data and data sources. Wish I was that smart.
• #55: This section represents the “WHO” part of the Schaffer Star
• #56: More from ABCD on asset mapping..
• #57: DAN!