MomentumChippewaVall eyPowerpoint

Momentum Chippewa Valley : 

Momentum Chippewa Valley Regional Economic Development Cooperation – Lessons Learned Wisconsin Economic Summit IV October 27, 2003 Milwaukee, WI

Wisconsin’s B.E.S.T. Working Together: 

Wisconsin’s B.E.S.T. Working Together Business Development Education Service Technology Tourism

What is Momentum Chippewa Valley? : 

What is Momentum Chippewa Valley? Momentum Chippewa Valley is a regional economic development organization serving Chippewa, Dunn, Eau Claire and Pepin counties. Momentum Chippewa Valley (MCV) focuses efforts in five areas.

MCV Counties: 

MCV Counties

Five Areas of Focus: 

Five Areas of Focus Economic Development Legislative Affairs/Relations International Trade Development Workforce and Educational Development Tourism

MCV Mission: 

MCV Mission The mission of Momentum Chippewa Valley is to develop cooperative public and private partnerships among the communities in the Chippewa Valley that will sustain and expand upon regional economic development efforts. Momentum Chippewa Valley brings together industry, professionals, retailers, services, educators, cities and counties to grow and enhance the Chippewa Valley. It is the only organization that unites all these entities within the four counties – Chippewa, Dunn, Eau Claire, Pepin – that comprise the Chippewa Valley.

MCV Organizational Structure: 

MCV Organizational Structure 40-Member Executive Committee -- designated representatives from the following categories: City, IDC, County, Chamber of Commerce, Educational Institution, Business. President position rotates among three counties. Board of Directors - consists of entire membership

Main Funding Sources: 

Main Funding Sources Eau Claire, Chippewa, Pepin and Dunn County governments Economic Development Corporations in three counties Chambers of Commerce in three counties Private Business Partners–120 members City assessment of 43 cents per residence for Cities of Eau Claire, Durand, Menominee, Chippewa Falls, Augusta, Altoona, Stanley

MCV – Turning Adversity into Opportunity: 

MCV – Turning Adversity into Opportunity MCV grew out of adversity. Amid rumors in the late 1980s that the Uniroyal Plant in Eau Claire was closing, the Eau Claire Chamber of Commerce assembled business, government and educational leaders from around the Chippewa Valley.

MCV – Turning Adversity into Opportunity: 

MCV – Turning Adversity into Opportunity Leaders from the three counties met regularly to discuss regional economic development issues. Momentum 21 was born. When the Uniroyal plant eventually closed in 1991, 1,300 jobs were lost. Momentum 21 stepped in with a regional approach to rebuild the economy impacted by the closure.

MCV Standing Committees: 

MCV Standing Committees Legislative Committee Business Development Committee Education & Workforce Committee

Legislative Committee: 

Legislative Committee Chippewa Valley Rally Chippewa Valley Inter-City Passenger Rail Committee

Chippewa Valley Rally: 

Chippewa Valley Rally 10th Annual Rally – January 28-29, 2004 More than 100 constituents from the Chippewa Valley spend two days in Madison with State Legislators They promote and discuss issues important to the Chippewa Valley (2003 issues: health care and inter-city passenger rail service)

Chippewa Valley Inter-City Passenger Rail Service: 

Chippewa Valley Inter-City Passenger Rail Service The Rail Committee seeks the development and implementation of passenger rail service through the CV by linking the metro Twin Cities and Madison/Milwaukee/Chicago route as defined by the Wisconsin State Rail Plan, Alternative 3

Education & Workforce Committee: 

Education & Workforce Committee Career Valley – promotes employment opportunities in CV among more than 3,500 students in grades 8-12 Partnering to 2005 Initiatives – promote workforce recruitment, training and other initiatives

Business Development Committee : 

Business Development Committee I-94 Corridor Technology Development Zone Chippewa Valley Technology Network Branding/Marketing Initiative for Chippewa Valley

Business Development Committee : 

Business Development Committee 2003 Chippewa Valley Manufacturer’s Directory Chippewa Valley Technology Calendar International Business Workshops CoreNet Global Twin Cities Chapter Annual Event

Marketing Lessons: 

Marketing Lessons Tell the story well and often – improved web page, First Monday, Manufacturer’s Directory, Technology map – we provide many information sources to our constituents to use in their work. Keep people engaged – reason for increasing size of Executive Committee

Marketing Lessons: 

Marketing Lessons Be Where Your Constituents Are – rotate meetings to various counties, regular presence at public events in the member counties. Communicate All the Time – you can’t tell the story often enough

Measuring Success: 

Measuring Success Projects occur as planned – Rally for the Valley, Angel Investor Network, I-94 Technology Development Zone Increased number of sponsorships, memberships, and participants Pepin County asked to join us

Recent Regional Projects: 

Recent Regional Projects Angel Investor Network Manufacturer’s Directory and Technology Map Seminars on International Business and Intellectual Property Rally for the Valley

Contacting MCV: 

Contacting MCV Darcy Way – Director 620 West Clairemont Ave./CVTC Eau Claire, WI 54701 715-833-6276 dway@cvtc.edu www.chippewavalley.org