Regional Stewardship Advisory Board Candidates
Other regions have put together advisory boards to properly assist in the stewardship of the community. The following is a matrix of types of organizations that exist and might be helpful to the Board.
Organization type |
Why interested in economic development? |
General Activities |
Economic Contribution |
Contributions they could make |
Alliance for Regional Stewardship |
Maximize the family experience |
Do what it takes |
Planning and Organization |
Get started |
Attorneys |
? |
? | Assistance in mergers and acquisitions of companies and technology. |
Contribute time and money to the ARS |
Banks |
Loans up. Failures down |
Loans and other banking services |
Loans, Loan guarantees |
Contribute time and money to the ARS |
Business consultants |
The need for progress results in more business opportunities |
Misc business consulting | Tuning up company capabilities | Contribute time and money to the ARS |
Business Organizations |
The need for progress results in a need for better business cooperation Economic development drives the commerce engine |
? | ? | Contribute time and money, and endorsement to the ARS |
City government |
More sales tax from retail sales. More property tax through property appreciation. Better and more jobs mean more money to spend resulting in more sales tax and higher property tax. |
More income results in more and better service to the public. Local government may neglect exporting companies because there is not sales tax except as the employees purchase items. |
Police, fire, social services, community maintenance, rules of life. |
Take care not to neglect the cash-producing companies. |
County government |
Tax base improvement |
Catalyst to unite cities and unincorporated areas in a comprehensive Economic Development Strategy and implementation. |
Leads the community into a unified economic development mode. |
Grants Relationship with other levels of government |
Education 13 |
More training opportunities |
Job specific training |
Skilled workforce. Their contribution is funded by the taxpayers |
Get better at matching the skills of the workforce to the needs of the business community. Get better at career guidance |
Education 14-16 |
More training opportunities |
Job specific training |
Skilled workforce. Their contribution is funded by the taxpayers |
Get better at matching the skills of the workforce to the needs of the business community. Get better at career guidance |
Education 9-12 |
More training opportunities |
College prep, citizenship, homemaking and or job preparation |
Skilled workforce. Their contribution is funded by the taxpayers |
Get better at matching the skills of the workforce to the needs of the business community. Get better at career guidance |
Education k-8 |
More training opportunities |
Fulfill the charter to produce educated citizens |
Trained citizens. Their contribution is funded by the taxpayers |
Get better at career guidance |
Exporting companies (Manufacturers) |
Economic development generally results in a more educated employee pool |
Community is a source of skilled workers. Community may have program to promote the products and services of its companies much the same way as it promotes tourist attractions. |
Jobs, operating investment, capital equipment and facilities |
Get better at forecasting their needs up to a decade out. Federal data cannot be trusted |
Federal government |
They must promote to pay the budget deficit |
Redistribute some taxes back to the communities and repay political debts for votes |
Grants |
Promote a new decades long project like going to the moon. A project to become independent from no-renewable fuels could keep us prosperous for a generation and make it easier to plan careers. Provide support systems for more than one career. This becomes more necessary as the speed of innovation accelerates. |
Economic Forecasters |
Their bread and butter |
Analysis and forecasting |
Could help economy if their data and assumptions are valid. |
Not enough focus on the industries that provide positive cash flow |
General Public |
Better and more stable jobs |
Go to school, defend our country, raise kids and contribute to the community |
Their effort to train themselves and their families as well as paying taxes and investing in business. |
Pay more attention to economic development and how government is run. Be willing to pay a little more for locally- made goods. |
Government data providers |
They are directed to report by law |
Acquire data about the economy, business, and jobs. |
They could be economic progress monitors if they collected the proper data |
Develop better precision or warn the country about how the data can be misleading |
Health services |
Fewer charity services |
? | Government payments for Medicare recipients are just as valuable as exporting products. |
Try to get reimbursed for illegal immigrant services. |
Local economic development organizations |
Their livelihood |
Often mainly redistributes of federal money |
Grants and services |
Make sure you are filling the need, not just the government grant requirements. |
Media |
More to crow about. More readers |
Report economic development and job activities. Sometimes biased |
Inches of print dedicated to promoting economic development |
Begin with the benefit of the doubt rather than pessimism or sensationalism |
Non-exporting companies |
Populace has more money to spend |
Continue to employ, sell, and pay taxes. |
Should contribute disproportionately more than cash-producing companies for the opportunity to make money within the community |
Support the cash-producing companies |
Professional Societies |
More and higher paying jobs |
Promote K-100 lifetime education |
Guidance in career changes so skills do not go to waste as technology changes. Promote job stability. |
Forecast and promote careers in their special field. |
Public Utilities |
Results in more use of services |
Investing in economic development programs. |
Investing in economic development programs. |
Could promote more alternate energy research and incentives |
Real Estate Developers |
Need for more housing, factories, and retail stores. Need for more expensive housing, factories, and retail stores. |
So far, they seem to always get richer primarily based on inflation. |
Invest in overall economic planning |
Promote and invest in economic development |
Research organizations |
More companies able to commercialize the results of their research. |
More successful commercialization leads to more research grants |
They provide the technology and tools that allow us to stay globally competitive. |
Amass more innovative people and acquire more research grants. |
Service businesses |
More customers with more money. |
? | ? | Contribute time and money to the ARS |
Service providers to business |
More customers with more money. |
? | ? | Contribute time and money to the ARS |
Shareholders |
Probably not. |
Buy low. Sell High. |
Dividends from out of community investments spent in the community |
Buy local stocks |
State Government |
More taxes |
? | ? | Grants |
Tourism organizations |
More travel |
? | Occupancy taxes |
Alliance to promote both business and tourism |
Transportation |
Exporting and tourism |
Exporting and tourism | Equipment | Contribute time and money to the ARS |
Unions |
More and higher paying jobs. Job stability |
? | ? | Grants. Contribute time and money to the ARS |
Venture Capital (professional) |
Primarily interested in companies doing more than $5 million annual sales |
There is a vital need for other forms of early stage investment money |
? | Contribute time and money to the ARS |
Venture Capital (private) |
Investment opportunities |
? | Source of venture capital | ? |
Venture Capital (corporate) |
Business expansion and diversification |
? | Source of venture capital | ? |