HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in Connecticut

HR Forum #2 –

Branding: Impacting Technical Talent in CT and

Beyond

HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in Connecticut

Panel DiscussionModerator – Mike Mueller, Senior Director of Talent Acquisition, Datto; CTC Talent & Workforce Committee Member

Panelists –

Christine Castonguay – Director of Branding, Connecticut State Department of Economic and Community Development

Josh Geballe – CEO, Core Informatics, CTC Talent & Workforce Committee Memember

Lisa Jacobi – Senior Vice President of Human Resources, COCC; CTC Talent & Workforce Committee Member

Grace Peiffer – Director of Employer Relations, Quinnipiac University

Tim Sullivan – Deputy Commissioner, Connecticut State Department of Economic and Community Development

HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in Connecticut

HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in Connecticut

HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in Connecticut

How can we increase student residency in Connecticut?

As told by students themselves.

• Increased awareness of what Connecticut has to offer as a great place to live.

• Offer better incentives to stay – loan forgiveness, tax benefits, etc.

• Showcase fun workplaces, cultures, and communities.

• Highlight the socially conscious aspects of companies.

• Showcase companies with exciting products and visions.

HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in ConnecticutBrand Strategies – As told by students

• Paid Internships with flexible hours• Internships that turn into full-time opportunities• Competitive salaries and attractive benefit packages• Play up the benefits of locations• Continued Alumni involvement• Affordable Housing • Great sign-on bonuses and relocation packages• Highlight opportunities close to students’ home towns• Showcase companies that are actively hiring and growing• A more diverse job market• Accessible and good recreational opportunities

HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in Connecticut

What is the state currently doing to brand itself as a place for innovation and technology?

88

Attracting Talent to Connecticut

9

Leverage the Connecticut Brand-Building Efforts

Just as it has for centuries, Connecticut remains a haven for original ideas and fresh thinking. A magnet for dreamers and doers, the state blends the old and historic with the young and energetic to create an inspiring dynamic — one that motivates people to experience new things, defy convention and blaze their own trails.

10

Capitalize on Our Online/Collateral Marketing Tools

CTforBusiness.com Industry Fact Sheets

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Capitalize on Our Online/Collateral Marketing Tools (cont.)

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Recent Radio Campaign Featuring Business Leaders

Link to Our “Testimonial” Radio Campaign Assets

http://portal.ct.gov/Business/Meet_The_Job_Creators/

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Build on the Impact of our Digital Marketing Campaign

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Share Our Social Media/PR Content

Follow/Share/Retweet from our DECD/CTvisit Social Sites

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Promote Our Quality of Life

Link to CTvisit.com

Share OurDigital Visitors Guide

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How All This is Enhancing Perceptions of Connecticut

Great place

to liv

e

Great place

to w

ork

Great place

to ra

ise a fa

mily

Place w

ith cr

eative people

Place w

ith in

novative

people

Lots

of educa

ted people if hirin

g

Great place

for in

novation

Dynamic,

innova

tive st

ate0%

10%

20%

30%

40%

50%

60%

70%

80%

42%33%

48%35% 32%

52%

27% 24%

57%45%

60% 56% 51%

67%

46% 43%

May '12 Oct '15

17

Let’s Connect…and Work Together to Attract Talent to CT!

TourismFacebook: Visit Connecticut - https://www.facebook.com/VisitConnecticut/

Twitter: @CTvisit - https://twitter.com/CTvisit

Instagram: @CTvisit - https://www.instagram.com/ctvisit/

Pinterest: @VisitConnecticut - https://www.pinterest.com/visitct/

YouTube: @ConnecticutTourism - https://www.youtube.com/user/ConnecticutTourism

Economic DevelopmentFacebook: @CTDECD - https://www.facebook.com/CTDECD/

Twitter: @CTDECD - https://twitter.com/CTDECD

LinkedIn: https://www.linkedin.com/company/connecticut-department-of-economic-and-community-development

YouTube: @BusinessInCT - https://www.youtube.com/user/BusinessinCT

Tim Sullivan, Deputy CommissionerConnecticut Department of Economic and Community Development

Investing in Talent and Growth

September 20, 2016

Diverse Industry Sectors

Insurance/Financial Services

Green Technology Bioscience

Digital Media

Advanced Manufacturi

ngTourism

Massachusetts

Strategic Northeast U.S. LocationTalent Development

Next Generation CT–targeted $137M investment in STEM disciplines at UConn

Wide variety of STEM education programs – Young Manufacturers Academy, 142 students in 2016

2011 Jobs Bills authorized up to $20M to expand existing and develop new manufacturing programs in community colleges

Manufacturing Innovation Fund programs aimed at developing future pipeline of talent serves 300 companies

Add Manufacturin

g Talent

Increase STEM

Education

Strategy Goal Selected Outcomes

Massachusetts

Strategic Northeast U.S. LocationTalent Development

CI’s Technology Talent Bridge, Entrepreneurs-in-Residence program, accelerators and co-working spaces have served 500+ entrepreneurs

CTNext entrepreneur support system provides access to talent, space, expertise, services, and capital. Recent projects:

− A 100 Coder Training Academy working in New Haven, Stamford

− STEM Skills Challenge – tests student developers, connects the best with top tech firms

− iTalent Initiative connects universities and tech companies

Entrepreneurial Support

Strategy Goal Outcomes

Massachusetts

Strategic Northeast U.S. LocationInnovation

Strategy Goal Selected Outcomes CT has moved from 32nd to 12th in academic R&D

spending Increased # of engineers/engineering faculty at UConn;

# of grads up 70% $1.5B construction investment in Next Generation CT at

UConn to build new classrooms/labs and buy new equipment

Connecticut Innovations’ investments have grown from $9.4M to $20.2M in last 4 fiscal years (115% growth)

Connecticut Bioscience Innovation Fund provides funds to early stage companies, and nonprofits building commercialization infrastructure ($200 million fund)

More R&D Capacity at UConn

Expand CI’s Investment Capacity

Massachusetts

Strategic Northeast U.S. LocationQuality of Life

Workforce housing has increased by thousands of units, with a focus on key urban, TOD areas. Being absorbed rapidly

Have supported cities and towns along MetroNorth and new light rail from New Haven-Springfield to develop retail, housing and other TOD

Improve Transit

Oriented Developme

nt

Comprehensive Energy Strategy (strategy for all residential, commercial, and industrial energy issues)

CT Green Bank provides low-cost financing to support renewable energy and efficiency, including C-PACE and Energy on the Line

Comprehensive Energy

Policy

Strategy Goal Selected Outcomes

Strategic Northeast U.S. LocationCreating Livable, Vibrant Communities

Since 2012, CT invested $173M in 100+ remediation, redevelopment projects across state

For every $1 invested, $4.99 has been invested by of non-state partners

− That figure jumps to $8.37 for FY2016

$36M in new funding authorized for FY 2016-17, up from $30M in previous years

Brownfield Areawide Revitalization (BAR) grants: a new, comprehensive cluster-based planning program

− $1M awarded to 6 communities

Strategic Northeast U.S. LocationDECD Toolbox

Tax Incentives

•Credits•Abatements

Technical Assistance•Expertise•Research

•Work with partners

Financing•Loans

•Forgivable Loans•Grants

Strategic Northeast U.S. LocationFinancing Tools for Growth

Each financial assistance package is tailor-made

Eligible uses of DECD funding include:− Job expansion

− Acquisition of real property or machinery and equipment

− Construction/renovation/demolition

− Site and infrastructure improvements

− Relocation costs and working capital in conjunction with a business development project

− Training

Strategic Northeast U.S. LocationNew Initiative: Technology Talent Fund

2016 legislation establishing a Technology Talent Advisory Committee within DECD, with the ultimate goals of:

Identifying greatest gaps in Connecticut’s tech talent

Developing and/or implementing programs that help fill those gaps

Advisory Committee

Currently composed of 11 members, including representatives from UConn, the Board of Regents for Higher Education, and private industries

First meeting will be held October 4

Potential programs might include:

Partnerships with public and private colleges and universities to build business-oriented IT curricula to support technology and tech skills

Develop training programs for high school students to introduce computer programming, web design, animation, etc.

Develop summer and after-school coding boot camps to teach coding to elementary and middle school students

Strategic Northeast U.S. LocationNew Initiative: Innovation Places

Public Act 16-3 established CTNext as a subsidiary of CI

11-member Board of Directors

Key initiative: Innovation Places

Higher education initiatives, existing program expansion

Innovation Places Vision:

Entrepreneurship and innovation stakeholders throughout each community collaborate to develop and implement strategy such that Connecticut develops top-tier destinations for entrepreneurs and technology talent

Value Proposition:

Incentive funding for collaborative visioning & planning (initial applications being reviewed now)

Direct funding for implementation projects

Indirect funding through other state economic development entities for compelling plans and collaborative communities

Strategic Northeast U.S. LocationOpening Soon: DistriCT NHV

Former CT DOT Bus Garage (470 James Street in New Haven) being converted into a “Google-style” tech campus (100K SF, opening early 2017, leasing now)

HR Forum Series – Better Together, Building a Robust Tech Talent Pipeline in Connecticut

Questions?