Economic/Workforce Session November 4, 2009
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Transcript of Economic/Workforce Session November 4, 2009
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Economic/Workforce SessionNovember 4, 2009
• When is last time you met with MOBD/Economic Development partner?
• MOBD meets with WIB & Career center on regular basis (toured, become familiar with services)
• Knowledgeable about all of the players and what they do/services provided, etc.
• Sample Presentation to employers
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MOBD Mission
Assist companies who wish to relocate, expand, grow, or stay in Massachusetts
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BRT & MOBD - Measuring Success
• Jobs Created
• Jobs Retained
• Private Investment
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Massachusetts Alliance for Economic
Development
Massachusetts Business Resource Team
MOBD
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BRT Partners & Roles
BRT Partner RoleMA Office of Business Development (MOBD)MA Alliance for Economic Development (MAED)MA Office of International Trade & Investment (MOITI)Massachusetts Development Finance AgencyMassachusetts Community Development Finance CorporationMass Technology Development Corp. (MTDC)Economic Stabilization Trust (EST)Workforce Training Fund (WTF)Small Business Development Centers (SBDC)Massachusetts Technology Collaborative (MTC)Massachusetts Renewable Energy TrustMassPortMA Manufacturing Extension Partnership (MassMEP)
EDIP, DIF, BRT CoordinationSite finder servicesForeign direct investment, Export counselingFinancing – real estate and equipmentFinancing – early stage venture capital Financing – working capitalWorkforce training grantsSmall business counseling and consultingGrants, loans, convening, researchGrants, loans, research in renewable energy industryAirport, Ports OversightLean manufacturing training & consulting
Regional PartnersRegional Employment BoardRegional Career Centers Regional Planning Commissions
Workforce related programs, services, research, grantsTraining, career services, Rapid ResponseOverall planning for transit, environment, etc.
Public Post Secondary InstitutionsUniversity of MassachusettsBoard of Higher Education
Research PartnershipsWorkforce Pipeline Partnerships (Internships and Recruiting)
Workforce Training
Trade/Industry AssociationsMassachusetts Biotechnology CouncilMassMEDICMassachusetts Technology Leadership Council (MTLC)
Industry AdvocacyNetwork and Relationships with Companies, Universities, HospitalsPurchasing Consortium (MBC)
Regional Economic Development CouncilsBoston Redevelopment Authority (BRA)Merrimack Valley EDCSouthCoast Development PartnershipWestern Massachusetts EDCBerkshire EDCArc of Innovation: 495/MetroWest Corridor Partnership
Regional expertiseNetwork with businesses, municipalities, and economic developmentLocal site selection expertise
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BRT Incentives/ResourcesFinancing• Mass Development - Real Estate, Equipment• Massachusetts Technology Development
Corp.- Early Stage Venture Capital
• District Improvement Financing (DIF) - Municipal Financing - Infrastructure• Economic Stabilization Trust (EST) - Working Capital Loans
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BRT Incentives/Resources
Workforce Training• Workforce Training Grants• Express Grants• UMass Intern/Co-op Partnerships• Board of Higher Education • Career Centers• Regional Employment Boards
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BRT Incentives/Resources
Technology Collaboration
• Mass Biotech Council• University of Massachusetts• Mass Technology Collaborative• Mass Life Sciences Center• Mass Clean Energy Center
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Workforce Investment Boards and Career Centers
A Network of 32 Career Centers and 5 SatellitesDesigned to meet the workforce needs of our communities
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What WIBs/Career Centers bring to the table
• Labor Market Information (trends in employment, critical/emerging industries, etc.)
• Workforce System Supply & Demand (career center services, ABE/ESL, DTA, MRC, etc.) both demand (employer) and supply (worker)
• Training Resources (WCTF, WTF, federal, state, local grants, foundation funding, etc)
• Youth Opportunities (CA, Reconnect Center, WIA programs, summer programs, etc.)
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Labor Market Information
• Workforce Blueprint • Critical Industries• Emerging Industries• Job Vacancies• Needs Assessments• Needs of companies• Skills of workers• Skills of job seekers
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Preparing Tomorrow’s Workforce Today (Training)
• Workforce Training Fund• Hiring Incentive Training
Grant• On-the-Job Training• Apprenticeships • Local, State and Federal
Resources to upgrade skills of current workforce
• Specialized programs for training
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Connecting People to JobsConnecting Companies with Workers
• Career Centers, Adult Basic Education, Rapid Response
Employer Services• Access to qualified job seekers
(lay-offs, graduates of training programs, youth, veterans, disabilities, etc.)
• Post your openings (confidential if requested)
• On-site recruitments• Job Fairs
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Helping Youth Succeed
• Summer programs• Internships• Career Fairs/Days• Guest Speakers• Field Trips• Career Majors• Drop Out Prevention• Youth Works
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Why is this important?
• Keeps you on your toes• Keeps everyone informed• Maximizes efforts• Minimizes the number of
people to contact before you have an answer
• Saves time, energy & resources
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Our successes - Communicate
• Relationship building• Keep informed• Trust• Confidence
• Key players in regions direct all workforce inquiries to BCREB
• Direct all tax incentives, permitting, etc. to MOBD
• Compact, BEDC, Chambers, SBA, Planning, CAP, higher ed, labor, etc.
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Our successes – Information Sharing
• Important to know who is doing what
• Reduce duplication• Maximize efforts
• MOBD on WTF review committee
• Practitioner meetings (top of mind issues in safe environment. i.e. importance of census)
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Our successes – Employer outreach
• We are all meeting with companies – HR, CEO, managers, etc
• Important to be on the same page
• Rapid response example – turned negative into a positive (promoted career center services)
• Joint presentations• One-page overviews