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Report
903 East Main Street
Marshalltown, IA 50158
(641) 752-0717
www.region6planning.org
Economic
Development
Planning in
Region 6
Comprehensive Economic
Development Strategy
Progress Report
Board Meeting
December 10, 2012
Comprehensive Economic
Development Strategy:
The Basics

Main purpose is to identify economic
opportunities, goals, projects and an action
plan to complete projects in the region

Strategy development is funded by Economic
Development Administration (EDA)

EDA approved strategy qualifies region to
apply for applicable funding
Goals and Project
Identification with Committee
 SWOT




Analysis
Strengths
Weaknesses
Opportunities
Threats
 Brainstorm
goals and objectives then finalize
 Brainstorm projects to achieve goals then
finalize
SWOT Analysis
SWOT analysis at Regional Development Committee meeting
October 10, 2012
Region 6 SWOT
Strengths
o
o
o
o
o
o
o
o
o
o
o
o
Urban-rural diversity
Major travel routes
Post-secondary education opportunities
Industrial growth
Strong leadership
Sense of community and identity
“Can do!” attitude
Public-private partnerships
Public transit
Workforce that is ready to work
Freight infrastructure
Service learning programs
Weaknesses
o
o
o
o
o
o
o
o
o
o
Opportunities
o
o
o
o
o
o
o
o
o
o
o
o
Industrial growth
Matching job training with job availability
Energy production
Recreation facilities
Childcare
Affordable quality housing
Local food system development
Healthy lifestyle promotion
Overcoming cost of rail infrastructure
projects
Freight
Senior service provision
Recycling
Lack of specific skilled labor
Issues with willingness to work
Lack of youth employment opportunities
Lack of soft skills
Lack of retail options
Broadband issues
Aging water and transportation
infrastructure
Lack of affordable quality housing
Shortage of healthcare providers
Issues with elected officials not
understanding all municipal functions
Threats
o
o
o
o
o
o
o
Brain Drain
Air and water quality issues
Natural disasters
Reduction of federal and state funds
Water availability for industrial use
Healthcare reimbursement
Increased poverty, e.g. increase in free or
reduced cost lunch in schools
CEDS Goals
Goal One
Retain and increase quality jobs in the region
by strengthening existing industries; promoting
targeted industries; and strengthening and
supporting small businesses, locally-owned
businesses, and creative entrepreneurs in the
region.
Targeted industries identified by the Iowa
Economic Development Authority include
advanced manufacturing, renewable energy,
biosciences, information technology, financial
services, and food manufacturing.
CEDS Projects
Goal One

Assist with Customer Workforce Plan recommendations being developed by the Iowa
Workforce Development Region 6 office.

Improve marketing and promotion of the available revolving loan funds in the region
by developing a clearinghouse for all revolving loan fund information, assess current
marketing techniques, and identify improvements.

Compile information about the tax tools and incentives available to cities, counties,
and businesses in the region.

Compile and distribute information about funding opportunities for cities, counties,
and organizations in the region.

Inventory vocational training and employment opportunity programs in the region
and work with businesses to determine what additional programs may be needed.

Pursue transportation system improvement funds

Identify and work with employers that could benefit from an employee carpool or
rideshare-type program.
CEDS Goals
Goal Two
Promote and support healthy lifestyles
in the region.
CEDS Projects
Goal Two

Complete assessment of access to affordable and healthy
food in interested communities.

Complete walkability and bikeability assessment in interested
communities.

Create a team for improving healthy lifestyles on a county
wide basis.

Identify the need for indoor recreation facilities and related
funding opportunities for the region.

Increase marketing of public transit options in the region.

Complete a focus group of young professionals in the region to
identify their quality of life needs and concerns.
CEDS Goals
Goal Three
Enhance housing quality and affordability
while reducing blight in the region.
CEDS Projects
Goal Three

Explore the feasibility of a shared housing inspector for
the region.

Assess current marketing and education methods for
housing programs and identify needed improvements.

Identify methods and potential funding to provide
finance and general home ownership training for
interested residents and participants in housing
programs.

Continue to support the housing programs administered
by the Region 6 Planning Commission, Mid-Iowa
Community Action, and other organizations.
CEDS Goals
Goal Four
Consider environmental quality, natural
disaster resiliency, and overall sustainability
in economic development projects in the
region.
CEDS Projects
Goal Four
 Complete
annual reviews or updates of
hazard mitigation plans for cities and
counties.
 Create
teams to improve sustainability
efforts for the public and private sectors.
 Complete
energy audits of municipal
operations in interested communities.
CEDS Goals
Goal Five
Support and promote the diversity in
culture, community, and attractions in the
region. Also promote and support
cooperation among organizations, cities,
and counties in the region to leverage
existing knowledge, experience, and
resources.
CEDS Projects
Goal Five
 Inventory
regional amenities and create
regional promotion materials.
 Identify
and connect groups and individuals
in the region that may benefit from
information sharing meetings, e.g. city
clerks, public works directors, mayors, etc.
 Collaborate
training opportunities at the
regional level, e.g. zoning, using TIF districts,
local official training, etc.
Finalizing the CEDS

Draft complete for a 30-day public comment
period beginning December 1st and ending
December 31st

Continue to review and enhance draft to meet
standards and requirements

Comments will be incorporated as they are
received

Final CEDS will be submitted to EDA for approval
on December 31st
Questions or Comments
Contact Information
Alicia Presto
[email protected]
(641) 751-0517 (Mobile Line)

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