Chamber Rhythm of Commerce Shoals Shift
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Transcript of Chamber Rhythm of Commerce Shoals Shift
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A Collaborative Partnership Among:
Shoals Entrepreneurial CenterUniversity of North Alabama
Shoals Chamber of CommerceAnd
Mane Capital Fund
Funding Provided through theAppalachian Regional
Commission’s Partnerships and Workforce and Economic Revitalization (POWER)
Initiative
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UNA College of Business 2
Shoals Shift: Building a Digital Technology Cluster in the Shoals
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Strategic Doing is an agile strategy discipline for designing and guiding collaborative networks, moving them toward measurable outcomes, and making adjustments alongthe way Purdue Center for Regional Development
Brainpower & 21st Century Skills
Innovation & Entrepreneurship
Quality, Connected Places
New Narratives
A Vibrant Region Needs a Portfolio of Strategies
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UNA College of Business 4
Establishing a core team to guide the transformation
UNA introduced the Strategic Doing™ process to convene and inspire community partners to be part of transforming the way the region views economic development
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Shoals Shift
• A collaborative project to impact the future of the Shoals by building a digital technology hub – a “Tech Town”
• Using Strategic Doing Process, a new way to think, behave, and do using flexible agile methods
• Launched Jan 2014 with core team who meets every 4-6 weeks to guide the network
• Over 25 initiatives completed, many repeating regularly
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Brainpower• Black Rocket Coding Camp• Strategic Doing Training• Pathways to Innovation Team• MBA Innovative Economic Development• Hour of Code• HCI/UX• Innovation Engineering• UNA Student Consulting
Innovation•Shoals Alabama Launchpad•Strategic Networks Group
•Co.Starters•Innovation Fellows
•3 Day Startup•Mane Capital Fund
•Growth Wheel•Shoals Idea Audition
Quality Connected Place• The Generator• FLPL Collaboratory• Shoals Big Idea• Institute for Innovation and Economic
Development• UX Accelerator Lab
New Narratives•Tech Meetup
•NW AL Software Developers Meetup•Biz Buzz Meetup
• Propel•Shoals Shift website
•Innovation Speaker Series•LeoCon E-Games
Shoals ShiftCollaborations
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August 24, 2016THE WHITE HOUSE
Office of the Press SecretaryAdministration Announced New Economic and Workforce
Development Resources for Coal Communities through POWER Initiative
Shoals Entrepreneurial Center Receives $997,150 POWER Grant for
Shoals Shift Initiative• Shoals Shift project funds
• Wide range of entrepreneurial programming
• Improved access to capital and credit
• Introduce strategies to SME’s to increase their efficient use of broadband technology
• Project Area: A nine-county region covering parts of northwest Alabama, northeast Mississippi, and south central Tennessee.
• The project is expected to help create or retain 110 jobs, start 20 new businesses, and leverage $10 million in private investment.
• Major partners include University of North Alabama and Shoals Chamber of Commerce.
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Accelerating the growth of a Digital Economy with the ARC POWER grant implementing 3 interconnected strategies using
4 NEW and 8 existing initiatives
POWER Funds are designated for each of the following initiatives: Building an
Innovation Discovery Pipeline
• Shoals Idea Audition• CoStarters• Launchpad Proof-of-
Concept Competition
• 3 Day Startup• Shoals Big Idea
Contest• UNA Generator and
SEC Incubator• Mane Capital Fund
Cultivating a Culture of Collaboration and
Entrepreneurship
• Strategic Doing• Shoals Shift Digital
Communication Platform
Strengthening Existing Businesses
• Strategic Networks Group Broadband Initiative
• GrowthWheel Visual Toolbox
• Student Consulting Teams
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Shoals Idea Audition-------------
Shoals Big Idea
Co.Starters Shoals Alabama Launchpad
Alabama Launchpad
Mane Angel Capital Fund
Shoals ShiftInnovation and
Entrepreneurship Pipeline
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UNA Student Innovation Initiatives
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UNA Student Innovation Initiatives
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UNA College of Business 12
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2 area Meetups for like minded IT experts
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First Regional Alabama Launchpad Competition
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7 Entrepreneurs graduated from the first class!Next session starts January 2017
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UNA Shoals Shift project selected as winner for Innovation and Talent category, Represents Leading Economic Development Initiatives Across North America
Shoals Shift project receives National Awardfrom University Economic Development Association
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UNA College of Business 18
Shoals Shift: Building a Digital Technology Cluster in the Shoals