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Activities Objectives and Key Results – EnterpriseKC Will…
• Inventory the enterprises, gazelles, and start-ups in each cluster. • Analyze and inventory the cluster’s unique assets and the supplier eco-system. • Measure the enterprise density and rate of change by cluster • Interview and survey the enterprises, gazelles, and start-ups in each the cluster to understand the key limiting factors to growth. • Calculate and publish the Regional Gross Enterprise Product (RGEP) and the Regional Enterprise Employment Index (REEI) for each cluster. • Work with Cluster Brain Trusts (CBTs) and regional partners to identify and evaluate programs that target enterprise and cluster growth.
7.1.6 Pillar 6: Network Development & Alignment
Strategic Goal: Align policies, programs, and resources to support an ecosystem that ensures graduates remain here, enterprises grow here, the region becomes a magnet for enterprises and talent to relocate here. Strategic questions to answer : How do we ensure a cohesive regional strategy, including public-private-civic collaboration? How do we effectively breakdown the economic development silos? How do we ensure that our efforts and resources are aligned (clarity, alignment, and focus)? How do we move the region’s mindset from a donation model to an investment model? How do we ensure this region becomes a destination?
Activities Objectives and Key Results – EnterpriseKC Will…
• Ensure programs and strategies have clarity, alignment and focus with state and county strategies. • Work with regional partners to align policies in support of enterprise growth, innovation commercialization, and experiential learning. • Analyze the current economic development resource allocation from an investment capital model. • Work with the EDCs to identify federal, state, and local resources for alignment with cluster goals. • Based on the strategies developed by the CBT, develop a business case for each and offer a prospectus with an ROI.
7.1.7 Pillar 7: Infrastructure & Finance (Investing For Strategic Growth)
Strategic Goal: Develop cluster-specific state-of-the-art infrastructure and attract outside capital sources to enhance and advance innovation tied to enterprise development, innovation, and workforce education. Strategic questions to answer : How do we create the necessary cluster-specific infrastructure necessary to establish a vibrant cluster ecosystem? How do we quantify the ROI for additional investment for research that is complementary to existing and future cluster strategies? How do we get more investment to transform the workforce supply chain into a nationally recognized regional asset? Where will startup funds and resources come from? Where will we find later-stage investment capital, so successful gazelles are the acquirer versus the acquired?
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