Wedc all staff ppt bid v 6 0 dj 6 6-12

Division of Business & Industry Development

As the State of Wisconsin’s lead economic development

organization, the Wisconsin Economic Development

Corporation (WEDC) nurtures business growth and job

creation in Wisconsin by providing resources, technical

support, and financial assistance to companies, partners and

the communities they serve.

WEDC Mission Statement

Board of Directors

CEO & Secretary’s Office

Finance & Administration

Entrepreneurship & Innovation

Business & Industry

Development

Economic & Community

Development

International Development Marketing

WEDC Organization

• R&D & investment capital

• Effective entrepreneurship support network

• Advance targeted, high-growth business consortia and industry sectors

• Enable high performing economic development network

• Invests in high quality job creation and attraction opportunities

• Increase Wisconsin exports

• Increase foreign investment

• Expand export capacity

• Promote Wisconsin as a business-friendly location

• Advance business-growth-supporting policies

• Provide WEDC with the tools, technology, and support to meet strategic goals and operational advantage

Business & Industry DevelopmentMission Statement

Leveraging industry leadership to

accelerate growth and high quality jobs

by advancing targeted, high impact

initiatives in Wisconsin.

Goals

Engage: 25 High-value opportunities

Advance: 7 Priority Investments

Assist: 200 Unique WI businesses via targeted industry support

Achieve: 3:1 minimum overall investment leverage ratio

Promote: Workforce development and alignment

Low Managed Risk

Sustainable

High ReturnHigh Job Creation

High Economic Impact

Industry-Led

General Qualifying Criteria for Investment

Engagement Criteria

Aggregate Impact (State, Region, Local)

Percent of State Employment

Geographic Distribution and Density (Location Quotient)

Sector Growth Momentum

Percent of State GDP

Driver Industry/Connectivity to other sectors

Confers Unique Competitive Advantage / Competitive Urgency

Specific Investment Criteria

Discrete organization, single identity

Core leadership: specific roles, titles, and responsibilities

Formal charter

Strategic plan

Operating plan for at least the current fiscal/calendar year Key priorities

Currently available funding

Future or pending funding, what and when

Formal partnerships

Account Management

Opportunity Management

Project Management

Opportunity 1

• RFP• Contract/MOU

Project 1• Reporting

Opportunity 2

• RFP• Contract/MOU

Project 2• Reporting

Project 1• Reporting

Account

• RFI

Lead

Sector Manager Assignments

Sector Manager

Sectors Contact Information

Shelly Harkins

Manufacturing Defense

shelly.harkins@wedc.org

Sector Manager Assignments

Sector Manager

Sectors Contact Information

Kathy Heady

TransportationEnergy

kathy.heady@wedc.org

Sector Manager Assignments

Sector Manager

Sectors Contact Information

Luke Fuszard

Financial Services luke.fuszard@wedc.org

Sector Manager Assignments

Sector Manager

Sectors Contact Information

Gail MacAskill

HealthcareLeisure/HospitalityRecreation ArtsAerospace

gail.macaskill@wedc.org

Sector Manager Assignments

Sector Manager

Sectors Contact Information

Seyoum Mengesha

Minority Business Development

seyoum.mengesha@wedc.org

Sector Manager Assignments

Sector Manager

Sectors Contact Information

Cate Rahmlow

Water TechnologiesDairy & Food ManufacturingAgricultureForest Products & Paper

cate.rahmlow@wedc.org

Business & Industry Contact Information

Lee Swindall Vice President lee.swindall@wedc.org608.210.6700

Dani Jones Project Coordinator danielle.jones@wedc.org

Bob Pope Research Analyst bob.pope@wedc.org

Q&A