Vt aviation brief29 feb2012

Vermont Aviation Center

IDENTIFY PRESENTER WITH MOST RELEVANT AVIATION QUAL OR TITLEDATE OF BRIEF

IDENTIFY COMPANY/ORGANIZATION RECEIVING BRIEFhttp://vermontaviationcenter.org

PROJECT UPDATE 2011-2012

AGENDA

• CURRENT VERMONT AVIATION SNAPSHOT• CURRENT SUPPORTERS AND PARTNERSHIPS• COMMUNITY ACADEMIC PARTNERSHIP• VT AVIATION CENTER PROJECT • FUNDRAISING EFFORTS • QUESTIONS• IMPORTANT LINKS / CONTACT INFORMATION

CURRENT AVIATION INDUSTRY SHAPSHOT

• Within the next 5 years over 500 jobs and $110 million in investments will be created at BTV. (NEED CITATION)

• Vermont’s aviation industry employs 9,400 people, and is valued at $1 billion (VT Chamber of Commerce)

• Nationally, 10-12K additional technicians will be needed every year to replace retirees and support current growth projections – Currently only 8,000 new technicians certified each year– Vermont’s aviation business leaders have repeatedly cited

the lack of well-trained Vermonters as an impediment to business growth, specifically in the STEM disciplines.

• VAC is poised to ensure Vermont’s finest fill these gaps

CURRENT SUPPORTERS AND PARTNERSHIPS

• Government– Sen Patrick Leahy – VT Legislature

• Municipality– City of South Burlington– Vermont Chamber– Burlington Community

and Econ Dev Office– Burlington School

District

• VT Aviation Community– Burlington Airport– VT Flight Academy– Corporate/Private

sponsors

• Academic Involvement– Burlington School

District– VT Tech

COMMUNITY ACADEMIC PARTNERSHIP

• Vermont Tech (Professional Pilot Technology)– “New” 4 year bachelor degree program– Developed to enable Vermont students to meet

the future needs of the aviation industry.– Will operate out of Vermont Aviation Center – http://www.vtc.edu/professional-pilot

• Burlington Aviation Technology

http://burlingtonaviationtech.org/main.php

VT AVIATION CENTER PROJECT

• Total Cost $8.3 million• Project Team Active

– Design/funding requirements will meet recognized L/T, S/T goals and requirements.

– Approval of all required permits by Spring 2012

– All funded actions are moving forward with cooperation and support of all key players

$1,280,000

$7,020,000

Funded (15%) Un-Funded (85%)

CURRENT STATUS

FUNDRAISING EFFORTS

• Fundraising consultant hired with donors currently being approached

• Emil Buehler Perpetual Trust

• Nonprofit fiscal agent is in creation.

• Developing a core constituency of supporters.

• Operating Pro Formas have been prepared

• Advisory committee formed to ensure proper oversight and budget compliance

QUESTIONS

"To most people, the sky is the limit. To those who love aviation, the sky is home.”

Anonymous

THANK YOU FOR YOUR SUPPORT

IMPORTANT LINKS

• I.M. THEBRIEFER– My current title

My phone numberMy email addressMy website

• vermontaviationcenter.org/

• http://www.btv.aero/

• www.vtc.edu/professional-pilot

• Burlingtonaviationtech.org/main.php