6 New Tasks for Cross-Sector Collaboration

Chris Thompson

Fund for Our Economic Future

Cross-sector, regional collaboration is an unnatural act.

Among non-consenting adults.

-- Council on Competitiveness“Collaborate”

First StepEstablish New Rules

Old Rules New Rules

I win, you lose

Silos

Turf

We win, we lose

Silo busting

Collaboration

Old Rules New Rules

Local

State

National

First StepEstablish New Rules

Neighborhood

Regional

Global

Northeast Ohio

• Together we have the assets to compete – but only if acting regionally– $170 billion economy– 4.1 million people, 4 MSAs– Global assets, including:

• NASA Glenn• Cleveland Clinic• OARDC

Step #2 Who is Sitting at the Table

Fund for Our Economic Future:

Unite philanthropy to strengthen the region’s economic competitiveness

– Region-wide membership, >60 voting members

– More than $60 million raised/deployed– Aligns, scales and leverages members’

collective efforts on regional level

The Fund at Work

• Uses grantmaking, civic engagement and research to achieve three goals:

– Accelerate job and income growth– Reduce long-term impediments to economic

growth– Build the region’s capacity to sustain economic

revitalization over the long term

• Committed to Advance Northeast Ohio, the region’s economic competitiveness agenda.

Advance Northeast Ohio• Developed through:

– Engaging the public • Voices & Choices

– Learning what matters• Dashboard of

Economic Indicators– Collaboration with

> 80 public, private andcivic stakeholders

Advance Northeast Ohio

• Aligning assets and investments to address strategic economic priorities:– Business growth– Talent development– Racial and economic inclusion– Efficient, effective government

Step #3 Build an Effective System

Innovation

Entrepreneurship

Emerging Industries

Economic Growth

Step #3 Build an Effective System

InnovationEmerging Industries

Economic Growth

Entrepreneurship

Step #3 Build Effective System

InnovationEmerging Industries

Talent Government

Economic Growth

Entrepreneurship

Step #4 Produce ValueCUMULATIVE VENTURE CAPITAL INVESTMENT(in millions)

CUMULATIVE BUSINESS ATTRACTION NEW PAYROLL(in millions)

$1.2 BILLION

$104.9 MILLION

Step #4 Produce Value

Step #5 Establish Metrics

Dashboard of Economic Indicators

Step #6 Tell Your Story

Next Steps

• Federal Sustainable Communities Regional Planning Grant program– Deadline Aug. 23

• HUD, DOT and EPA making up to $5 million for planning

Sustainable Communities Regional Planning Grant

Goal: Multi-jurisdictional plan to meet regional priorities

• Strong urban cores• Strengthen regional framework• Ensure basic services, infrastructure and

opportunities are equitably distributed among population

Who will Apply?

Old Rules New Rules

Cleveland

Akron

Youngstown

Northeast Ohio

Sustainable Communities Regional Planning Grant

• 4 Municipal Planning Organizations• 13 other partners

– City and county governments– Educational institutions– Philanthropy

• Geography includes 11 counties• > 50% of region’s population

Region’s Application

• Natural act• Consenting adults• Lead to vibrant economic future

Six Steps

1. Rules

2. Table

3. System

4. Value

5. Metrics

6. Story

Chris Thompson

Fund for Our Economic Future

cthompson@futurefundneo.org

• FutureFundNEO.org• AdvanceNortheastOhio.org