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EDAAgenda2023October24ECONOMIC DEVELOPMENT AUTHORITY | TUESDAY, OCTOBER 24TH | | 8:00 AM | COUNTY ADMINISTRATION BUILDING @ FIRST FLOOR CONFERENCE ROOM 107 KENT STREET WINCHESTER, VA 1.Call to Order 2.Approval of Minutes – September 7, 2023|| ACTION 3.Treasurer’s Report || ACTION 4.Performance Agreements Virginia Business Ready Site Program || ACTION Review of agreements related $7.23 million award for the Valley Innovation Park for sanitary sewer and electrical upgrades 5.EDA Strategy || DISCUSSION Annual review process of EDA Strategy which will continue by reviewing the main goals’ actions and measurements 6.EDA Partner Showcase || DISCUSSION Concept for regular presentation from key stakeholders to enhance board members understanding on connectivity to the EDA Strategy 7.Worlds of Work || INFORMATION Recap of this year’s regional 8th grade hands-on career exploration 8.Such other business as may come before this Authority MINUTES ECONOMIC DEVELOPMENT AUTHORITY | THURSDAY, SEPTEMBER 7, 2023 | A meeting of the Frederick County Economic Development Authority was held on Thursday, September 7, 2023, at 8:00 a.m. in the County Administration Building, First Floor Conference Room, 107 North Kent Street, Winchester, Virginia. PRESENT: Rick Till, Diane Kearns, Judy McCann-Slaughter, Stan Crockett, and Gary Lofton. STAFF: Patrick Barker and Shayla Rickard, Frederick County Economic Development Authority; Michael Bryan, Attorney; and Jay Tibbs, Deputy County Administrator MEETING CALLED TO ORDER: Chairman Till called the meeting to order at 8:00 a.m. APPROVAL OF MINUTES The minutes from the July 6, 2023, meeting were presented. On motion duly made by Mr. Lofton and seconded by Mr. Crockett, the minutes were approved by the following recorded vote: J. Stanley Crockett Aye Bryan Fairbanks Absent Diane Kearns Aye Gary Lofton Aye Judy McCann-Slaughter Aye Karen Swecker Absent Rick Till Aye TREASURER'S REPORTS Mr. Barker submitted the following reports: Checking Account - Bank of Clarke as of June 30, 2023 - $31,699.56 Savings Account - Scott & Stringfellow as of June 30, 2023 - $588.60 Intrafi Account – Bank of Clarke as of June 30, 2023 - $1,525,535.30 Checking Account - Bank of Clarke as of July 31, 2023 - $24,683.16 Savings Account - Scott & Stringfellow as of July 31, 2023 - $.06 Page 2 of 4 Frederick County EDA Meeting Minutes | September 7, 2023 Intrafi Account – Bank of Clarke as of July 31, 2023 - $1,530,838.74 On motion of Ms. McCann-Slaughter, seconded by Mr. Crockett, the Treasurer’s Reports were approved by the following recorded vote: J. Stanley Crockett Aye Bryan Fairbanks Absent Diane Kearns Aye Gary Lofton Aye Judy McCann-Slaughter Aye Karen Swecker Absent Rick Till Aye LAUREL RIDGE SMALL BUSINESS DEVELOPMENT CENTER Mr. Barker introduced Ms. Christine Kriz, Executive Director of the Laurel Ridge Small Business Development Center, who provided an update on the Center’s activities and expressed appreciation for the EDA’s support. Diana Patterson, also from the Small Business Development Center, gave a presentation on the bilingual services they provide with the financial support they have received from the EDA. She was accompanied by one of their clients who gave a testimonial for this program. BUSINESS RETENTION MANAGER PROJECT UPDATE Shayla Rickard, Business Retention Manager, presented an update on her activities in this position. JOINT MEETING WITH BOARD OF SUPERVISORS Mr. Till asked each Board member their thoughts on the recent joint meeting with the BOS. Ms. McCann-Slaughter stated she felt it went well and Mr. Barker had done a good job reviewing the EDA’s activities and future goals. Ms. Kearns remarked that feels there needs to be more conversation about targeted industry jobs vs. jobs in general---i.e., how do they relate and what do we want to do on the BOS level. Her hope was that the BOS would have dug into the subject more so there could have been some discussion with them. She also stated there seems to be a perception in the community that the EDA is trying to block some development. Mr. McCann-Slaughter stated the BOS has confidence in the EDA Board and she believes diversity in any community is imperative. Page 3 of 4 Frederick County EDA Meeting Minutes | September 7, 2023 Mr. Lofton remarked that the BOS placed their confidence in the EDA when it was transitioned from an IDA to an EDC. When looking at our targeted industries, the biggest is warehousing but the EDA needs to be an advocate for our community to attract all industries. He also stated he struggles with target industries as we move forward and the BOS looks at the EDA Board to give them direction. Mr. Crockett feels the EDA Board’s function is to act as a consultant for the BOS to advise what we are doing and how the EDA is meeting its fiduciary responsibility. Mr. Till stated he feels the BOS is supportive of the EDA and agrees with our direction. PROPOSED EDA COMMENT AT PUBLIC HEARING FOR NORTHEAST LAND USE PLAN UPDATE Board members were provided a copy of the comment that Mr. Till plans to make at the Public Hearing on this topic and were asked for comments/suggestions. Ms. McCann-Slaughter stated she feels there should be comments added about how the County’s tax base would be affected by both plans (one plan vs. another). After discussion, Mr. Barker agreed to explore the existence of more in-depth analytical data to add to the EDA’s comment. OTHER BUSINESS Mr. Till gave a brief report on the meetings he and Mr. Barker held with each EDA Board member individually. There were interesting discussions with varying topics of importance to Board members but everyone believes the EDA is on the right path. Some important issues expressed were: (1) Workforce---support for Laurel Ridge Community College and local schools, job fairs (hold Expo twice a year), Widget Cup, Boot Camp for manufacturing jobs (2) Sites---land acquisition, collaboration between Valley Health and Fisher Scientific, manufacturing roundtable, support of airport, working with other regional EDAs (3) Other ---share informational topics with EDA Board quarterly (utilities, transportation, Federick County departments, Frederick Water, etc.), build on and maximize what we are doing, grocery store attraction, self-promotion of accomplishments Mr. Lofton asked if Wendy May, Marketing Manager, had any data/comments from restaurants who participated in the FredCo Eats program as to how successful their participation was---he would be interested in knowing. Page 4 of 4 Frederick County EDA Meeting Minutes | September 7, 2023 ADJOURN There being no further business to come before this Authority, the meeting was adjourned at 9:15 a.m. ________________________________ ____________________________ Richard Till Jay Tibbs Chairman Secretary DATE: October 18, 2023 TO: Board of Directors, Frederick County Economic Development Authority FROM: Patrick Barker, CEcD Executive Director CC: Jay Tibbs Deputy County Administrator RE: EDA Strategy Update The EDA Strategy, as approved by the EDA Board, helps to guide staff as they pursue Frederick County’s economic development activities. Each year the EDA Board reviews and approves the Strategy to reaffirm and/or modify the overall goals and objectives. Last year, the update consisted of EDA Board feedback and minor staff updates. The previous year, the EDA Board performed a deep review of the Strategy. This process included a strategic brainstorming session, a review of the EDA’s mission and main goals and a restructuring of the objectives and measurements by staff. This year, the EDA Chair and EDA Director held informal discussions with most board members, at the time of this memo. These conversations have confirmed the strategy’s organization, format and content. Staff has updated the strategy’s economic statistics to current available data and actions and measurements based on current trends and performance. EDA Board members are requested to review the updated draft Strategy for 23-24, which is enclosed. Any suggested revisions should be sent to staff by Friday, November 10th. Staff will incorporate any Board comments with staff suggestions for review at the next EDA Board meeting. FREDERICK COUNTY, VIRGINIA ECONOMIC DEVELOPMENT STRATEGIC PLAN 2022-20232023 - 2024 Strategy Frederick County EDA Page 2 of 20 DRAFT October 2023 Table of Contents Introduction Background -factors contributing to County success Role of Economic Development Authority -why created, main functions Situational Analysis -strengths, concerns and asset analysis -basic relevant info on local economy with comparison to State and US economies Implementing the Plan -discusses how the plan includes the mission, objectives and long-term guidance for specific activities and measures Mission, Strategic Goals & Objectives 1. Talent Engagement 2. Business Retention  Manufacturing & Business Services  Agriculture  Small Businesses 3. Business Attraction  Business Targets 4. Business Climate Impact Measures -capital investment values, new jobs creation, new jobs wages, relationship developed and other measurements Strategy Frederick County EDA Page 3 of 20 DRAFT October 2023 INTRODUCTION The Frederick County Economic Development Authority (EDA) has developed this strategic plan to clarify the direction and focus of Frederick County’s economic development activities. The plan highlights the importance of maintaining and enhancing the diverse economy of Frederick County. The goals and objectives outlined in the EDA’s strategic plan support and align with the Business Development section of Frederick County’s comprehensive plan. Moreover, this strategic plan will drive the formulation of the EDA’s annual operational plan. BACKGROUND Frederick County, VA has earned a long-standing reputation as a top economy in the State of Virginia and Shenandoah Valley region. Some of the competitive factors that have contributed to Frederick County’s success are listed below.  Central & Essential  Frederick County, VA serves a range of industries – from manufacturers and financial institutions, to IT companies and startups – that benefit from our strategic geographic advantages in the heart of the East Coast. Located just 80 miles from Washington, D.C., Frederick County, VA is a central part of the Winchester, VA-WV metro statistical area (MSA), which includes Frederick County’s City of Winchester, as well as Hampshire County, West Virginia. Our county’s advantageous location places businesses and residents near Washington D.C.’s established business market, both in the public and private sectors. The region’s efficient transportation network – with easy access to major highways, including Interstates 81 and 66, railways, including CSX and Winchester & Western, three international airports and one general aviation airport and the Virginia Inland Port – allows companies to reach customers anywhere in the world. Two-thirds of the U.S. and Canadian population can be reached within a day’s drive.  Dedicated Workforce and Standard of Excellence  Frederick County draws from a skilled workforce that is nurtured at all levels. Labor supply for Frederick County is drawn from a 45-mile radius across 10 counties in Virginia, Maryland and West Virginia. The total labor supply is more than 380,000 professionals, over 90% of which are high school graduates (or higher); 39.7% hold an associate degree or higher. The Frederick County Economic Development Authority’s market-leading Career Pathways program is a fourmulti-tiered workforce development initiative poised to groom next-gen talent and ensure our business outfits can tap into a skilled and motivated talent pool.  Business Diversity – From Local to Global  Widely recognized employers are operating here, including HP Hood, Trex, Kraft-Heinz Foods, Berry M&H PlasticsBerry Global , Navy Federal Credit Union, Rubbermaid and Thermo Fisher Scientific. A mix of manufacturing, retail, professional services, logistics, customer service, technology and entrepreneurial enterprises keep the economy strong. Our region is among the top 10% best performing metros in Virginia for capital investment and new job creation. Our business community has steadily grown over the Strategy Frederick County EDA Page 4 of 20 DRAFT October 2023 years and has been recognized for its range of offerings, proximity to major metros and its long-term appeal to some of today’s leading manufacturers, financial operations and more.  Recognized Performance and Efficiency  With an extensive and diverse business portfolio, $326 156.1 million in capital expenditures between 20182020-2022, plus ongoing partnerships between the business community and educational institutions, Frederick County has consistently recruited and retained leading companies. We have also been recognized as one of the most prosperous economies in the state. In fact, Frederick County falls within the top 10% of Virginia localities over the last decade (top 109% in capital investment and top 68% in new job growth). Frederick County is consistently rated a great place to operate a business – registering at No. 9 on Forbes’ “Best Small Places for Business and Careers” in 2019.  Time is Money  Frederick County operates a permitting process which allows for land grading within 2-3 months from the execution of an agreement. This permitting system, combined with our local construction industry, has a proven track record of providing a large-scale design- built office/industrial building for occupancy within 6-8 months. A prompt permitting process can be achieved with properties requiring rezoning. For example, two large industrial buildings were delivered for occupancy in 12 months on a property requiring rezoning.  Business Support at Every Step  With a diversity of companies, consistent performance and signature workforce development programs, Frederick County continues to shine as one of Virginia’s finest regions, leaning on numerous resources to ensure the success of our community. One such resource includes call-team visits to local businesses to communicate training resources and expansion assistance opportunities. The Frederick County EDA has an established track record of working with the County and State partners to identify and secure assistance programs to expanding companies. ROLE OF EDA The EDA is committed to leading Frederick County to continued economic prosperity. The Frederick County Industrial Development Authority (IDA) was created by the Frederick County Board of Supervisors in 1967. The Industrial Development Authority of the County of Frederick, Virginia was created to: 1. Permit it to acquire, own, lease, and dispose of properties to the end that said Authority may be able to promote industry and develop trade by inducing manufacturing, industrial and governmental enterprises to locate or to remain in this Commonwealth; 2. Further the use of its agricultural products and natural resources; 3. Increase of commerce; 4. Promotion of safety, health, welfare, convenience and prosperity. Strategy Frederick County EDA Page 5 of 20 DRAFT October 2023 On January 8, 2014, the Board of Supervisors amended the original ordinance creating the Industrial Development Authority to change the name to the Economic Development Authority of the County of Frederick, Virginia. On July 1, 2014, the Winchester-Frederick County Economic Development Commission staff transitioned to the Frederick County Economic Development Authority. Frederick County’s decision reflects a recommendation by its Business Climate Assessment Citizens’ Committee. The recommendation focused on creating an opportunity to re-establish the economic development vision for the County and provide flexibility to pursue a variety of business attraction and retention options. Also, Frederick County wished to duplicate the success achieved by other EDAs in Virginia. Issuing tax free bonds for qualified users remains a function with a seven member EDA Board setting policy and overseeing the operation of a staff of five. Partnering with the Frederick County Board of Supervisors and Frederick County administration, the EDA is focused on attracting new capital investment and quality jobs to Frederick County through new business location and existing business expansions with a heightened focus on the County’s targeted business sectors. Those sectors are Corporate Services, Information Technology, Finance & Insurance, BioScience, Advanced Manufacturing and Food & Beverage The EDA focuses on four areas: 1. Attracting and retaining workforce talent. 2. Retaining and cultivating existing businesses. 3. Recruiting targeted businesses. 4. Employing policies that keep Frederick County a competitive business location. SITUATIONAL ANALYSIS The following is a brief listing of Frederick County’s strengths, concerns and critical target business assets. Frederick County has many reasons why a business should choose to locate here. Potential businesses should find the following generalized asset(s) and/or offering(s) by Frederick County that will provide a better solution than competing localities. Talent • Largest employment in key employment sectors in the Northern Shenandoah Valley • Strong occupational employment in some core occupational groups • Favorable population dynamics and a large pool of millennials • Area is growing at a faster pace than the rest of Virginia • Virginia is one of the most highly educated populations in the US • Virginia has the largest and most highly educated veteran workforce Workforce Development • Market-leading Career Pathways program is a four-tiered workforce development initiative poised to groom next-gen talent. • Virginia has one of the strongest corporate services talent pipelines in the Mid-Atlantic & Southeast • Relatively strong university and community college system compared with competing areas Strategy Frederick County EDA Page 6 of 20 DRAFT October 2023 Infrastructure and connectivity • Areas with robust broadband speeds with planned improvements to underserved areas • Area served by three major airport hubs and general aviation airport • Strategically placed on Amtrak’s network • Within driving distance of many major cities in the Northeast and Southeast and dense, quality highway system Sites and buildings • A pro-business climate that permits prompt building construction and rezonings for business Cost of doing business • Moderately competitive average industry salaries among competitors • Highly competitive lease costs • Low Unemployment Insurance Tax per Employee • Lowest Workers' Compensation Employer Insurance Costs Per $100 of Payroll • Competitive tax rates compared with competitor states Market and cluster presence • High concentration of many employment sectors in the area • Central position on the East Coast of the United States, with quick and easy access to all major population centers east of the Mississippi • Within one hour of 76% of the US population's regular daily schedule Quality of life • Moderately competitive or in line with cost of living in major population centers • Relatively strong primary and secondary school system • Relatively low level of violent and property crime • Moderately more healthy and active population Frederick County clearly possesses many positive attributes for business yet, conversely, it has some areas for improvement. Given the current and forecasted labor situation, talent is an area needing improvement. In addition, labor availability analysis completed using JobsEQ revealed high to moderate results with many occupational sectors. Sites and buildings need attention as only a few sites match the identified acreage using Conway Analytics’ database on corporate expansion projects for all targeted business sectors. For most targeted businesses, Frederick County possesses the necessary infrastructure and connectivity though projects with large demands of electric and wastewater may strain this point. Frederick County’s economy has consistently ranked near the top of all localities in Virginia, in part, because of the community’s ability to address businesses’ concerns about factors such as highway accessibility, quality of life, occupancy/construction costs, available buildings, and labor costs. Despite Frederick County’s decades of success and securing additional corporate decisions, areas of opportunity have been identified. The EDA will execute a planned and strategic initiative to secure capital investment and quality jobs forfrom existing companies as well as companies new to Frederick County. To achieve these vital goals, the EDA will require an appropriate level of staff and operational and incentive funds. Strategy Frederick County EDA Page 7 of 20 DRAFT October 2023 The following are a sampling of measures illustrating Frederick County’s economy with some comparison to the State and Nation. Employment Trends As of 2023Q12022Q2, total employment for Frederick County, Virginia was 39,889 38,421 (based on a four-quarter moving average). Over the year ending 2023Q12022Q2, employment increased 4.3%2.7% in the region. Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2022Q1 2022Q4 with preliminary estimates updated to 2023Q12022Q2. Unemployment Rate The unemployment rate for Frederick County, Virginia was 2.12.5% as of September 2022June 2023. The regional unemployment rate was lower than the national rate of 3.33.8%. One year earlier, in September 2021June 2022, the unemployment rate in Frederick County, Virginia was 2.5%. Strategy Frederick County EDA Page 8 of 20 DRAFT October 2023 Unemployment rate data are from the Local Area Unemployment Statistics, provided by the Bureau of Labor Statistics and updated through September 2022June 2023. Wage Trends The average worker in Frederick County, Virginia earned annual wages of $54,52956,451 as of 2022Q22023Q1. Average annual wages per worker increased 7.3% in the region over the preceding four quarters. For comparison purposes, annual average wages were $67,77768,501 in the nation as of 2022Q22023Q1. Strategy Frederick County EDA Page 9 of 20 DRAFT October 2023 Annual average wages per worker data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2022Q1 2022Q4 with preliminary estimates updated to 2022Q22023Q1. Industry Snapshot The largest sector in Frederick County, Virginia is Manufacturing, employing 6,5036,393 workers. The next-largest sectors in the region are Transportation and Warehousing (4,8405,201 workers) and Retail Trade (3,8904.189). High location quotients (LQs) indicate sectors in which a region has high concentrations of employment compared to the national average. The sectors with the largest LQs in the region are Transportation and Warehousing (LQ = 2.552.63), Manufacturing (2.091.98), and Finance and Insurance (1.631.67). Sectors in Frederick County, Virginia with the highest average wages per worker are Management of Companies and Enterprises ($102,678), Public Administration ($83,234), and Utilities ($79,661). Regional sectors with the best job growth (or most moderate job losses) over the last 5 years are Transportation and Warehousing (+2,729 jobs), Finance and Insurance (+699), and Retail Trade (+515)Public Administration ($78,977), Finance and Insurance ($75,900), and Utilities ($75,049). Regional sectors with Strategy Frederick County EDA Page 10 of 20 DRAFT October 2023 the best job growth (or most moderate job losses) over the last 5 years are Transportation and Warehousing (+2,474 jobs), Manufacturing (+717), and Finance and Insurance (+714). Over the next 10 years, employment in Frederick County, Virginia is projected to expand by 7,9747.472 jobs. The fastest growing sector in the region is expected to be Information with a +4.63.6% year-over- year rate of growth. The strongest forecast by number of jobs over this period is expected for Transportation and Warehousing (+1,1411,152 jobs), Manufacturing (+9361,065), and Accommodation and Food Services (+886702). Occupation Snapshot The largest major occupation group in Frederick County, Virginia is Transportation and Material Moving Occupations, employing 6,0576,456 workers. The next-largest occupation groups in the region are Office and Administrative Support Occupations (4,5144,725 workers) and Production Occupations (3,8863,809). High location quotients (LQs) indicate occupation groups in which a region has high concentrations of employment compared to the national average. The major groups with the largest LQs in the region are Transportation and Material Moving Occupations (LQ = 1.801.85), Production Occupations (1.791.69), and Installation, Maintenance, and Repair Occupations (1.251.23). Occupation groups in Frederick County, Virginia with the highest average wages per worker are Management Occupations ($110,500121,900), Legal Occupations ($107,100), Computer and Mathematical Occupations ($92,60099,300), and Legal Occupations ($88,300). The unemployment rate in the region varied among the major groups from 0.70.9% among Healthcare Practitioners and Technical Occupations to 4.33.9% among Food Preparation and Serving Related Occupations. Over the next 10 years, the fastest growing occupation group in Frederick County, Virginia is expected to be Personal Care and Service Occupations with a +4.03.1% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Transportation and Material Moving Occupations (+1,3791,405 jobs) and Food Preparation and Serving Related Occupations (+853661). Over the same period, the highest separation demand (occupation demand due to retirements and workers moving from one occupation to another) is expected in Transportation and Material Moving Occupations (8,4139,755 jobs) and Office and Administrative Support Occupations (5,1015,900). Industry Clusters A cluster is a geographic concentration of interrelated industries or occupations. The industry cluster in Frederick County, Virginia with the highest relative concentration is Chemical with a location quotient of 7.206.62. This cluster employs 2,5602,427 workers in the region with an average wage of $80,64676,036. Employment in the Chemical cluster is projected to expand in the region about 1.01.7% per year over the next ten years. Strategy Frederick County EDA Page 11 of 20 DRAFT October 2023 Location quotient and average wage data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics, imputed where necessary, and updated through 2022Q1 2022Q4 with preliminary estimates updated to 2022Q22023Q1. Forecast employment growth uses national projections from the Bureau of Labor Statistics adapted for regional growth patterns. Strategy Frederick County EDA Page 12 of 20 DRAFT October 2023 IMPLEMENTING THE PLAN This strategic plan defines the role of the EDA and proposes the EDA’s long-term economic development strategic goals and objectives. The plan also includes several strategic measures to monitor the progress of the EDA’s program goals. The plan will provide long-term guidance and direction for the EDA’s work. In addition, it will be a basis for developing an annual plan comprising specific marketing and operational strategies, tactics and measures. The EDA will adjust the strategic plan to reflect economic climate shifts. The EDA Board will review the strategic plan annually to ensure that it accurately represents the appropriate overall direction and goals for Frederick County’s long-term economic development program. MISSION, STRATEGIC GOALS & OBJECTIVES Mission The EDA’s mission is to facilitate economic development efforts for Frederick County through the retention, expansion, and attraction of businesses that create high quality jobs and new capital investment resulting in Frederick County as a premier business location and enhancing the quality of life for its citizens. This strategic plan focuses on four goals: 1. Address current and projected workforce needs by engaging the talent in Frederick County and greater community encouraging their retention and attraction 2. Enhance Frederick County’s business environment to encourage the expansion and retention of existing business 3. Conduct strategic and measured business attraction efforts to expand the commercial and industrial base and create quality jobs for all citizens 4. Foster and maintain a pro-business climate by enhancing critical assets and employing business friendly policies and procedures Talent Engagement Goal  Address current and projected workforce needs by engaging the talent in Frederick County and greater community encouraging their retention and attraction Objectives/strategies  Maintain awareness of current and projected workforce needs Action Measurement Acquire bi-annually from JobsEQ County workforce 10 years projections Identify top occupational needs Disseminate top occupational needs to partners Open rate of emails Distribute bi- annually Strategy Frederick County EDA Page 13 of 20 DRAFT October 2023 Participate in seminars/presentations/meetings on top occupational needs Attendance at the Winchester Area Society for Human Resource Management meetings Attendance at the Frederick County Public School’s CTE Advisory Committee Organize an annual meeting feedback with business and education partners to discusson workforce needs and solutions Number of participants Number of potential solutions  Partner with appropriate local and regional partners to create and execute short-term workforce solutions, those that have strong potential to produce talent in 12 month or less) Action Measurement Facilitate work groups, as necessary and appropriate, on short term projects resulting from the Business and Education Summit annual feedback on workforce needs and solutions Attendance at work groups Action plan for projects Perform internet review for best-in-class workforce solutions Number of discovered solutions with applicability Showcase talent from area public school’s career and technical programs (i.e. Widget Cup) Number of participants Competitor survey results Number of internships/hires Create and promote marketing tools and programs that help employers sell location to candidates and existing employees. Website analytics of regional talent website Social media analytics Amplify existing efforts to host career fairs/regional hiring events (i.e. Employer Expo) Number of participants Number of hires Survey of participants Build perceptions of community as a great place for careers with local young talent (i.e. Regional Internship Fair) Number of participants Number of internships resulting Conversion of internships to careers Create a regional tour resource for employers and their candidates Number of participants Number of tours Implement a burst transitional program for advanced manufacturing Number of participants Conversion of participants to hire Strategy Frederick County EDA Page 14 of 20 DRAFT October 2023  Partner with appropriate local and regional partners to create and execute long term workforce solutions, those that have strong potential to produce talent in 12 month or more) Action Measurement Facilitate work groups, as necessary and appropriate, on short term projects resulting from the annual feedback on workforce needs and solutionsBusiness and Education Summit Attendance at work groups Action plan for projects Provide an in-person career exploration event for middle school students (i.e. Worlds of Work) Number of participants Survey of participants Enhance awareness of students, educators and school staff to the many rewarding local careers available (i.e. student and teacher tours) Number of participants Survey of participants Build pathways from post-secondary and K-12 schools, allowing entry into these industries Number of Workforce Models built Number of participants Number of hires TBD Conduct regular messaging on all career pathways (post high school to college) Social media analytics Website analytic of relevant page Strategy Frederick County EDA Page 15 of 20 DRAFT October 2023 Business Retention Goal  Enhance Frederick County’s business environment to encourage the expansion and retention of existing business  Objectives 1. Understand the overall health of existing industry sectors, recognize changing industry trends, and ensure consistent, personal contact with businesses. Action Measurement Perform business call teams visits Number of business call team visits Number of follow-up business call team visits Number of business expansion considerations Number of business expansions Value of capital investment from expansions Number of retained and new jobs from expansions Analyze business call team visit for industry trends Results from aggregate analysis of call team visits using E-Synchronistbusiness retention CRM system Bludot Number of action oriented responses Visit, as appropriate, in conjunction with VEDP to headquarters of businesses Number of visits Number of expansion considerations Organize topic specific forums, as appropriate Number of business participants Percentage of business participants to invited participants Participate in meetings/workshops with relevant business/industry groups Number of actionable intelligence gained Strategy Frederick County EDA Page 16 of 20 DRAFT October 2023 2. Showcase the operations, careers, and economic contributions of Frederick County businesses. Action Measurement Highlight business sectors and employersemployers and industry sectors employers and industry sectors Industry Features (quarterly) Website Views: Facebook Reach: LinkedIn Impressions: Employer Features (bi-monthly) Website Views: Facebook Reach: LinkedIn Impressions: Cultivate and elevate the full scope of Frederick County’s food economy (i.e., FredCo Eats) Number of participating businessesrestaurants Survey of participants (satisfaction rates, would participate again) Social media analytics Website views 3. Offer existing businesses key operational and loan assistance Action Measurement Provide financial management, marketing and operational analysis for existing businesses through the Laurel Ridge Small Business Development Center Number of Frederick County business clients consulted Number of jobs created or retained Value of capital investmentinvestments/loans 4. Provide awareness of local conditions, resources and assistance opportunities Action Measurement Provide real time job posting information Open rate of emails Report created and posted to website Distribute targeted information on assistance programs and other pertinent business conditions Open rate of emails Website analytic of relevant pageExisting Business Update distributed Strategy Frederick County EDA Page 17 of 20 DRAFT October 2023 Business Attraction Goal  Conduct strategic and measured business attraction efforts to expand the commercial and industrial base and create quality jobs for all citizens. Objectives 1. Identify targeted business sectors for attraction purposes Action Measurement Review regularly project announcements in targeted geographic areas Report to EDA Board Discover business sectors through employment data for sectors with positive long-term growth and wages that match or exceed the County’s average wage Identification of target business sectors EDA Board acceptance of target business sectors Develop, as appropriate, an enhancement plan for targeted business sectors Report to EDA Board Execution of plan 2. Collect and leverage market intelligence related to targeted business sectors Action Measurement Participate in meetings/workshops with relevant business/industry groups Number of actionable intelligence gained Acquire and review relevant industry reports Number of actionable intelligence gained 3. Maintain and grow relationships with new business lead generators. Action Measurement Engage with site consultants and corporate real estate brokers at appropriate meetings, office visits and client activity Number of new relationships Number of refresh relationships Number of project considerations Number of best practices examples acquired Number of new business locations Number of new jobs Value of capital investment Interact with business attraction managers at VEDP at appropriate meetings, office visits and client activity Number of new relationships Number of refresh relationships Number of project considerations Number of new business locations Number of new jobs Value of capital investment Strategy Frederick County EDA Page 18 of 20 DRAFT October 2023 4. Recruit additional grocery stores to Frederick County Action Measurement Conduct an outreach effort to strategic grocery stores Interest level of grocery stores Number of grocery store locations 5. Offer new businesses with key operational and loan assistance Action Measurement Provide financial management, marketing and operational analysis for new businesses through the Laurel Ridge Small Business Development Center Number of new business clients consulted Number of jobs created Value of capital investmentinvestments/loans 6. Educate the community on the benefit of a proactive business development presence and the need for its consistency and commitment. Action Measurement Speak to appropriate community groups Number of speaking engagements Conduct regular messaging on benefit of economic development Social media analytics Website analytic of relevant pageIncorporate post in social media content calendar focusing on EDA strategy areas Business Climate Goal  Foster and maintain a pro-business climate by enhancing critical assets and employing business friendly policies and procedures. Objectives 1. Encourage development of “ready to go” business properties. Action Measurement Manage online property database and survey regularly real estate listing services for new/revised properties Monthly update on online database Total SF available and vacancy rates for office and industrial Tier sites, as appropriate, according to the Virginia Business Ready Sites Program Number of Tiered sites Acreage of Tiered sites Collaborate with property owners to secure at least Tier 4 of the Virginia Business Ready Sites Program Number of Tier 4 or above sites Acreage of Tier 4 or above sites Strategy Frederick County EDA Page 18 of 19 DRAFT October 2023 4. Recruit additional grocery stores to Frederick County Action Measurement Conduct an outreach effort to strategic grocery stores Interest level of grocery stores Number of grocery store locations 5. Offer new businesses with key operational and loan assistance Action Measurement Provide financial management, marketing and operational analysis for new businesses through the Laurel Ridge Small Business Development Center Number of new business clients consulted Number of jobs created Value of capital investmentinvestments/loans 6. Educate the community on the benefit of a proactive business development presence and the need for its consistency and commitment. Action Measurement Speak to appropriate community groups Number of speaking engagements Conduct regular messaging on benefit of economic development Social media analytics Website analytic of relevant pageIncorporate post in social media content calendar focusing on EDA strategy areas Business Climate Goal  Foster and maintain a pro-business climate by enhancing critical assets and employing business friendly policies and procedures. Objectives 1. Encourage development of “ready to go” business properties. Action Measurement Manage online property database and survey regularly real estate listing services for new/revised properties Monthly update on online database Total SF available and vacancy rates for office and industrial Tier sites, as appropriate, according to the Virginia Business Ready Sites Program Number of Tiered sites Acreage of Tiered sites Collaborate with property owners to secure at least Tier 4 of the Virginia Business Ready Sites Program Number of Tier 4 or above sites Acreage of Tier 4 or above sites Strategy Frederick County EDA Page 19 of 19 DRAFT October 2023 Number of Business Ready Sites Loan Program Agreements Applications to the Virginia Site Development Grant Program 2. Encourage processes and policies that are attractive to businesses Action Measurement Suggest new/revised local policies, as appropriate, (i.e., data center tax rate) Number of EDA-introduced policy suggestions Respond, as appropriate, to Federal and State legislative actions impacting County businesses (i.e., OMB’s MSA decrease, Ozone Early Action Plan) Number of responses to proposed legislative actions 3. Assist the Winchester Regional Airport implementing their strategic plan, as appropriate. 4. Support the implementation of transportation projects with an economic development nexus Action Measurement Provide letters of support as requested Number of letters submitted Participate in the MPO’s technical review committee Attendance at meetings CONCLUSION This strategic plan serves to provide guidance to Frederick County’s economic development efforts. To ensure the plan’s implementation, the EDA should conduct regular checks of the impact measures and perform an annual review of the entire document. This plan should serve as the foundation for the EDA’s annual budgeting process. Frederick County has achieved much success. The challenge now is to build on the momentum of this past success. This plan serves a platform to accomplish this need. Action Measurement Conduct an outreach campaign to companies with large government portfolio and direct government users Assist with improving the site readiness of Airport’s northern acreage Partner with efforts to enhance business opportunities with advanced air mobility Number of companies reached Number of meetings secured Number of visits to airport Number of locations Tier status improvement Number of activities Support relevant initiatives Varies dependent on activity DATE: October 2, 2023 TO: Board of Directors, Frederick County Economic Development Authority FROM: Patrick Barker, CEcD Executive Director CC: Jay Tibbs Deputy County Administrator RE: EDA Partner Showcase As part of this year’s Strategy update, the EDA Chair and EDA Director have held informal discussions with all board members One outcome from those discussions was to provide an opportunity for EDA partners to present to the Board at a regular interval. The presentations would include an overview of their operations and activities and how they interact with the EDA. These 10–15-minute presentations would give EDA Board members a better understanding of the partner’s role in implementing the EDA Strategy. Staff suggests the following partners to start.  Virginia Economic Development Partnership  Frederick Water  Virginia Department of Transportation  Electric Cooperatives  Winchester Regional Airport  Frederick County Public Schools Staff is seeking EDA Board direction regarding this concept and other partners of interest. DATE: October 18, 2023 TO: Board of Directors, Frederick County Economic Development Authority FROM: Patrick Barker, CEcD Executive Director CC: Jay Tibbs Deputy County Administrator RE: Worlds of Work 2023 Each year, businesses, educators, and economic development partners in Clarke County, Frederick County, Page County, Rappahannock County, Shenandoah County, Warren County, and Winchester, Virginia, come together to host Worlds of Work. Nearly 3,000 eighth grade students from the region experience WoW! More than 70 businesses showcase equipment, vehicles, and machinery that students climb into, fix, and manipulate. There are animals that students can touch and care for as well as life-like mannequins they might splint and stitch. The event is designed to be a hands-on exploration of possible careers. During the event, students move through 10 different industry sectors, or “Work Worlds,” and participate in brief, hands-on activities. More than 70 businesses participate each year providing students with a look into each of these 10 business sectors:  Agriculture  Communications  Finance  Hospitality  Construction  Health Science  Information Technology  Manufacturing  Public Service  Transportation & Logistics Staff will provide a brief recap of this year’s event which took place on September 14, 2023. 10/18/23, 2:39 PM Eighth graders explore the wonders of work at career expo | Winchester Star | winchesterstar.com https://www.winchesterstar.com/winchester_star/eighth-graders-explore-the-wonders-of-work-at-career-expo/article_8da46202-320c-5f3d-94b7-932fa…1/4 https://www.winchesterstar.com/winchester_star/eighth-graders-explore-the-wonders-of-work-at-career- expo/article_8da46202-320c-5f3d-94b7-932fa50f34b0.html HOT Eighth graders explore the wonders of work at career expo By MOLLY WILLIAMS The Winchester Star Sep 15, 2023 Eighth-grade students from the region check out a company's display at Worlds of Work on Thursday at Shenandoah University's James R. Wilkins Jr. Athletics and Events Center. Provided photo WINCHESTER — Fire trucks, military vehicles and semi-trucks filled the parking lot outside Shenandoah University's James R. Wilkins Jr. Athletics and Events Center Thursday morning. School buses full of eighth-grade students from middle schools in Clarke, Frederick, Page, Rappahannock, Shenandoah and Warren counties and the city of Winchester arrived in shifts for the annual Worlds of Work. Nearly 3,000 students were given the opportunity to speak with representatives from more than 70 companies and employers about future career options. 10/18/23, 2:39 PM Eighth graders explore the wonders of work at career expo | Winchester Star | winchesterstar.com https://www.winchesterstar.com/winchester_star/eighth-graders-explore-the-wonders-of-work-at-career-expo/article_8da46202-320c-5f3d-94b7-932fa…2/4 "Eighth grade is a time where kids are transitioning into high school," said Shayla Rickard, business retention manager for the Frederick County Economic Development Authority, who led the team which works to put on the event each year. "So they're learning what they want to do with their lives. And at 14, I don't think any of us know what we want to do with our lives, but this is a good time for them to transition into, like, what classes they want to take." Rickard said that when these students head to high school next year, they'll get to make their class schedules, and being exposed to the workforce gives them the opportunity to include job-related or Career and Technical Education (CTE) classes. Students spoke to people working in agriculture, medical care, power companies, fire departments, police departments, the military and more. For many employers, the event provided an opportunity not only to plant the seed of interest in young people, but to scope out local students who might be interested in one day joining their workforce. "It's a very good public relations event. And it shows that there are companies that you can enjoy doing your job and have a wonderful career," said Cathy Hoopengardner, a community paramedic for Valley Health. Valley Health attends Worlds of Work every year. Hoopengardner said students asked a lot of questions about the different types of transport options at Valley Health, and they were very interested in doing CPR on the mannequin and seeing the inside of the ambulance. "It's very important because as they get ready to go into their high school years, they can take advanced courses, which also now counts in a lot of schools as continuing education," she said. "And it helps them to jump-start their career of their choice." Alexandra Hassler, a transportation security inspector for the federal Transportation Security Administration (TSA), said it was exciting to meet kids who are interested in discovering possible careers. "Because they're young kids, most of them just want the stickers or the swag, and they run off, they don't care. But when you get the kids that really engage and are interested, they ask questions and are possibly thinking about a future career with us. That's where, like, that's what I'm looking for," she said. "... I think with certain kids, one is going to stand out, and one is going to possibly shape their future. ... you never know what you're, we're influencing and what kind of influence you have. So I think it's good. It's fun." 10/18/23, 2:39 PM Eighth graders explore the wonders of work at career expo | Winchester Star | winchesterstar.com https://www.winchesterstar.com/winchester_star/eighth-graders-explore-the-wonders-of-work-at-career-expo/article_8da46202-320c-5f3d-94b7-932fa…3/4 Jackson Korn, an eighth-grader at James Wood Middle School in Frederick County, said he explored a number of career options during his time at Worlds of Work, from technology to military to law enforcement. "I mean, I'm definitely interested in, like, the military services," Jackson said. "It's good for finding job careers to see what you might be able to get into when you're older." He also said he was enjoying being around kids from different schools and hanging out with his friends. Olivia Fisher, an eighth-grader at Signal Knob Middle School in Shenandoah County, said she was excited about exploring jobs in both agriculture and health care. "I actually show livestock, so agriculture is a big part of what I want to do. And then health care, my mom does, so that's also something that would be, like, a backup plan for me," she said. "... I only have about, like, four or five more years till I have to decide what I want to do, so it's good for me to see and start thinking about what I want to do now." Tara Woolever, James Wood Middle's principal, said the event offered opportunities for students to think about their future, and for the community to maintain and strengthen its connection with young people. "I think it's amazing if we can keep the kids that we have in our community and help them give back and create a stronger community," she said. "So the better connections we can create to jobs, the more likely we are to get them to stay here in their community." This connection between the community and the students is a big part of the event's mission. Rickard said that supplying students with the resources and knowledge to pursue careers in and around their hometown is a big reason for hosting this event. "The hope is that they see the importance of businesses here in our county, and that they can get it right here," she said. "And we have a lot of people, as you know, in the area that drive over the mountain, but there are so many opportunities right here. They're good-paying jobs. They're jobs that have benefits, they have tuition reimbursement, some of them do, and they have on-the-job training, and they can learn so much from those. And so this event shows them that maybe they might want to go to a four-year university that is farther away, but they come back and they want to do things here in their area." 10/18/23, 2:39 PM Eighth graders explore the wonders of work at career expo | Winchester Star | winchesterstar.com https://www.winchesterstar.com/winchester_star/eighth-graders-explore-the-wonders-of-work-at-career-expo/article_8da46202-320c-5f3d-94b7-932fa…4/4 Molly Williams — Contact Molly Williams at mwilliams@winchesterstar.com Places To Go "It's good for finding job careers to see what you might be able to get into when you're older." James Wood Middle School eighth-grader Jackson Korn about Worlds of Work