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HomeMy WebLinkAbout09142020 City Council LAYDOWN - KPEDD Presentation _ Z W ZZa � ' ZO03 • WV j a W W LU a o z � n W war , KENAI PENINSULA ECONOMIC ,y +y DEVELOPMENT DISTRICT . Z x yyy t r 1,F • KPEDD 501(c)4 Regional Economic Development Organization 1 • Independent 14 Seat Diverse Regional Board of Directors • Current Contracts include EDA Denali Commission, State of Alaska, Manufacturing Extension Program & Kenai Peninsula Borough fis General Overview: . R o Strategic Planning o Business Consultation r o Community Assistance o Financial Resource Identification o Grant Assistance o Local, State, and Federal Advocacy o Partnerships `c MEP ° Economic Reporting :,n• .M ` ` � Solutions qAK¢ lik ` o Information Dissemination KPEDD Projects 2020 Census • Workforce Development Resource Site • Alaska Cares Grant • Comprehensive Economic Development Strategy ft Community Infrastructure Projects • Federal Economic Resiliency Plan • Red Mountain Eco-Tourism • Manufacturing Extension Program • Situations and Prospects Report Manufacturing Extension Events Program S21.000 S25.000 240 Economic Development Administration S75,000 Tao I ellai Penilisulla Borough S100.000 1000 Business Incubation Center S140,000 144la Why respond to the Census? , Alaska Counts N4 70'20 Census lei Schools+ Childcare Local Public Safety r Census data10 Minutes affects... Roads, Highway Healthcare Construction +Social Services 10 Questions " Economic Nonprofits 10 Development+Jobs Years Impact Every Alaskan Counts AIaskaCounts r r r e r 202o ceis5us i3( -��•, � w k y k. • Comprehensive Economic Development Strategy • • - - • • - - • • Regional Economic Summary :• - • • - - - - • - - • • - • • Geographic Description � • • • - - - - - . • Organizational Description • Populational Trends & Characteristics • SWOT Analysis • Resiliency Analysis ' • Identification of Economic Sectors • Goals & Action Strategies • Work Plans Goals & Objectives BUSINESS CLIMATE & REGIONAL PARTNERSHIPS ENTREPRENEURSHIP • ties to industry associations • Strengthen existing businesses through . • communities business retention and expansion Coordinate - • • • - economic • Promote responisble development development with communities • Develop entrepreneruial ecosystem QUALITY OF PLACE INFRASTRUCTURE AND • Develop Kenai Peninsula "brand" for TECHN • • GY residents, visitors, and businesses - Industry focused infrastructure • Promote expansion of recreational - Transportation infr• ammenities and public access - Expanded broadband access KNOWLEDGE CREATION AND WORKFORCE AND HUMAN DISSEMINATION CAPITAL • Track and report economic and - Industry partnerships and voc-tech demographic trends Workforce • • retention • Seek new venues to publicize findings Alaska Cares State Update • Commerce- Direct Municipal Relief ($568.6 million) �• • Commerce/AIDEA- Small Business Relief ($290 million) • AHFC Homelessness Assistance ($10.0 million) . w • Health- Non- Profit Support ($50.0 million) • Health-Related COVI D-19 Costs ($331 .4 million) (Additionally 9 Direct Agency Funding Items) Alaska Cares : � Small Businesses on the KPB Ow As of 6 14 September incorporat Unincorporated Othl 2020 Communities Communities Alaska Cares : Small Businesses on the KPB 266 As APPLICATIONS HAVE BEEN THE AVERAGE APPROVED FUNDS September $9.714,273.85 RECEIVED IS I Oth , 2020 has been disbursed $36519.82 throughout the Peninsula. Alaska Cares 480 ADDITIONAL Z APPLICATIONS ARE W o TO BE PROCESSED This means $35,938,925.98 has been requested, but not yet d a p p roved. o r Q � l • 37 Applications Approved • $1 ,283,310.70 Disbursed • $34,684.07 Average , Disbursement d • Accommodation + Food Service • Agriculture + Fishing • Arts, Entertainment & Recreation • Construction • Education Services Alaska • Health Care & Social Services • Professional Services Cares : • Real Estate Rental + Leasing • Transportation + Warehousing • Wholesale Trade of Seward Small Business Relief As of 9/10/2020 4ilo Alaska Cares : a: ot9naizozo The City Of Seward NAICS 5 • Applications $4, 111 , 394. 27 Same as approved To Be + Commercial processed . Requested Fishing and Retail hank You .1 Tim Dillon, Executive Director TimAkpedd.org (907) Z4Z-9709 1E www.kpedd.org « i+iy