2013 EDC BOARD Andy Stevens,

ChairJim McHardy, Vice-ChairRussell Reid, Sec/Treas.

Yvan BesnerLiz Talian-Clarke

David JenningsRobin Maj

John MorrisonMayor NowickiJames Neufeld

Nick Veldt

1. Grow Entrepreneurs and Assist Existing Business• Mine Your Own Business, Workshops, Funding

2. Support Mining and Forestry Sector Growth• Mining Growth Study, 2013 Mining Week

3. Develop and Attract a Skilled Workforce• Career Fair, Regional Labour Task Force

4. Market Wawa and Share Information1. New Marketing, Land Inventory, Media5. Access Available Funding - Partnerships1. Funder’s Forum, Grant Applications

2013 EDC GOALS & ACTIVITIES2013 EDC GOALS & ACTIVITIES

Entrepreneur Support – Assisted 35 business clients with business plans, funding applications, marketing and info. Four businesses received funding support.

ValueValue: : ~ $70,000 & 3-4 jobs supported$70,000 & 3-4 jobs supported

ASSIST ENTREPRENEURS/BUSINESSASSIST ENTREPRENEURS/BUSINESS

Workshops – 10 training seminars including PARO Circle, Finding the Money, Mining & Funder’s Forum, BIA Business Luncheon, Algoma Power and Youth Training Sessions

~90 people attended Est. ValueEst. Value: $20,000: $20,000

• Accessed funding from SSMIC Research Fund - $5,800

• Regional Funders’ Forum - 12 speakers and over 50 people

• PARO – 1st Loan Circle Formed• Information Sharing - Funding Booklet• Wawa Restaurant Guide – distributed to Motels• Assist 3 New Businesses - Locations, Permits , Marketing

ASSIST EXISTING BUSINESSASSIST EXISTING BUSINESS

Provincial Grant of $29,000 $29,000 of $58,000 project – 46 wksYouth 15-29 exposed to businesses that serve mining sectorWebsite, How-To Guides, Workshops on how to start a

business mainly held at High Schools in Sept/FebDreamers and Doers Business Plan Challenge - $2,000 $2,000

Sponsored by Prodigy, Recognized by EDAC AwardTwo youth business plans approved for NOHFC funding!

YOUTH ENTREPRENEUR PROGRAMYOUTH ENTREPRENEUR PROGRAM

7

COMPLETED - April 15 & 16, 2013

Provided youth & teachers with resources and training on Earth Science & Mining Basics – English & French

Informed youth and residents about career opportunities in mining at open house (+50 attended)

Dr. Dodds from Augustine Guest SpeakerCost - $10,000 (half normal price)Funds Raised - $6,500Evaluations Very Positive

MINING MATTERSMINING MATTERS

WAWA MINING WEEKWAWA MINING WEEK

• Increase local economic impact from area mines• Identify service gaps and opportunities• Develop action plan to assist business meet demand

Interviewed Mines & BusinessCompleted Study DecemberOpportunities IdentifiedSet of Recommendations

Cost: $80,000 Funding: $72,000 (90%) Funding: $72,000 (90%)

WAWA & AREA MINING STUDYWAWA & AREA MINING STUDY

MARKET WAWA – LAND INVENTORYMARKET WAWA – LAND INVENTORY

Northwest Immigration Portal Partnership Area Job Postings –Social Media, Website Algoma Workforce Investment Committee Regional Labour Task Force – MTCU Funding

App. $168,000 Skills Inventory MEDT Funding for Youth Training -

$80,000 of $160,000 cost plus ADSAB $15,000, SECFDC $5,000

Skills & labour shortages are among the greatest threats to future mining sector growth. AWIC

WORKFORCE DEVELOPMENTWORKFORCE DEVELOPMENT

13

PROMOTE WAWA – ATTRACT PEOPLEPROMOTE WAWA – ATTRACT PEOPLE

2011-2013 (calls, visits, web) = 48% increase

0

10000

20000

30000

40000

50000

60000

70000

2009 2010 2011 2012 2013

36400

4318345825 47971

67926

TOTAL INQUIRIES 2009 – 2013TOTAL INQUIRIES 2009 – 2013Total of all Incoming calls, Visits and Web visits Total of all Incoming calls, Visits and Web visits

2013 INQUIRIES2013 INQUIRIES Calls and Visits

0 200 400 600 800 1000 1200

Incoming calls

Visits

201320122011

Increase in web traffic – 30% over 2012 (2 websites) 66% increase in calls (more programs)Social Media– Facebook (460 611), Twitter (269 351), Linked-In (235 346) = Total 964 1308 (36%)Entrepreneurial/business support inquiries up Serious investor inquiries low but increase in out-of-town persons looking to relocateE-mail inquiries always increasing!

2013 STATISTICS 2013 STATISTICS

• NOHFC Youth Intern - $29,500 (approved)• Mining Study - $72,000 (approved)• MEDT Youth Entrepreneur YEP - $29,000 (approved)• MTCU – Job Creation Project - $40,000 (approved 2014)• Other 2013 - $10,000 (approved)

Partnership Grants: • Library Trillium Fund Application - $60,000 (approved)• AWIC-SEWDC - $105,000 of $168,000 (approved)• Northwest Immigration Portal - $20,000 (approved)• Entrepreneurs - $50,000+ (approved)• Hawk Junction Trillium Fund - $60,700 (approved 2014)• MEDT Youth Training - $100,000 of $160,000 (approved 2014)• MOE Wawa Energy Plan - $37,500 of $75,000 (approved 2014)

ACCESS FUNDING WITH PARTNERSACCESS FUNDING WITH PARTNERS

2013 Estimated EDC Funding LeveragedDirect $145,000Indirect (Clients) $50,000Other (Supported Projects) $150,000Jobs Supported (4 fte) $120,000Volunteer EDC Board In-Kind $15,000

Total Leveraged $480,000$480,000

Note: Does not include spin-offs/indirect. Each job est . @$30,000/yr.

2013 RETURN ON INVESTMENT2013 RETURN ON INVESTMENT

Council provided $150,000 in 2013, thus the estimated return on the initial investment is;

For every $1 contributed to the EDC more than $4 was leveraged.

Does not include indirect, unknown or spin-offsDifficult to measure the full return on investment

since many services provided difficult to assign monetary value

Not all clients share information

2013 RETURN ON INVESTMENT2013 RETURN ON INVESTMENT

EDC 2014 OBJECTIVES

•Wawa Mining Week - October 20-24, 2014•Wawa Mining Study - Implement Recommendations•Promote Career Opportunities - Career Fair October•Market Businesses - Website, NWIP ,Trade Shows•Workforce Attraction and Development•East-West Tie Transmission Project

• MEDT Youth Fund – Budget $160,000 Funding $80,000• Youth (15-29) Not In School or Working Full-Time• Essential Skills and Basic Employment Training for 40 Youth• Essential Workforce Skills and Ten Certificates• Two 20 Week Intakes – April and September• FREE – Financial Support Provided inc. $500 Graduation• Strong Partnership - ADSAB Ontario Works, MFN, North

Algoma Literacy, REHC, Confederation College, SECFDC

EDC 2014 OBJECTIVES

SPSYouth Employment Skills Training Program

EDC 2014 OBJECTIVES

•Special Events – MTCU JCP Funding of $40,000•Assist Drag Race, High School Reunion & Artisan Tour•Update Community Profile and Website•Support Community Plan – Housing Needs Study•Participate in SEWDC-AWIC Skills Inventory•Assist Municipality - Wawa Energy Plan $37,500 of $75,000

THANK YOU!