2014 Annual Report - LEAP

1 Annual Report2014 LEAP BOARD OF DIRECTORSD ennis SwanPresident & CEO, Sparrow Health SystemDr. Brent KnightPresident, Lansing Community College Jack SchripsemaPresident & CEO,Greater Lansing Convention and Visitors BureauBob SeligPresident & CEO,Capital Region Airport AuthorityDennis FliehmanPresident & CEO,Capital Region Community FoundationMatthew Rush President & CEO,Hayes Green Beach Memorial HospitalSandra DraggooCEO & Executive Director, Capital Area Transportation Authority (CATA)Edythe Hatter-WilliamsCEO, Capital Area Michigan Works!Paula ClarkSupervisor, Bath Charter TownshipRobert Showers County Commissioner Chair, Clinton County DavisSupervisor, Delhi Charter TownshipKen FletcherSupervisor, Delta Charter Township Jim RundborgMayor, City of DeWittRick GalardiSupervisor, DeWitt Charter Township Nathan TriplettMayor, City of East LansingBlake Mulder County Commissioner Chair, Eaton CountyDr. Kalmin Smith Mayor, City of Grand LedgeRebecca Bahar-CookCounty Commissioner,Ingham CountyVirg BerneroMayor, City of Lansing Kathleen Rodgers Supervisor, Lansing Charter TownshipMichael Waltz Mayor,City of MasonAngie WilsonTrustee, Meridian Charter TownshipDana BeamanMayor, City of St.

2 JohnsJohn MaahsTrustee, Watertown Charter TownshipPUBLIC SECTORM anufacturingBill DemmerPresident,Demmer CorporationMitch TomlinsonPresident, Peckham Daryl AdamsPresident & CEO,Spartan Motors, Estate DevelopmentVan MartinChairman & CEO, CBRE | Martin Marsha ZimmermanMarketing Manager,Dart DevelopmentNick UppalPresident, DTN Management RetailTeri Gross Lansing Marketing Director, Meijer DeanPresident & CEO, Dean Transportation & Dean Trailways of MITiffany DowlingPublisher, Greater Lansing Business MonthlyPresident & CEO, M3 Group Brian PriesterPresident & Publisher, Lansing State JournalChris HolmanFounder, Michigan Business NetworkMediaUtilitiesChris ThelenArea Manager, Consumers Energy Richard PeffleyInterim CEO, Lansing Board of Water & LightJeff WesleyCFO, Two Men and A TruckRelocation ServicesINSTITUTIONSDr. Lou Anna K. SimonPresident, Michigan State UniversityPRIVATE SECTORL egal ServicesIris LinderShareholder,Foster, Swift, Collins & Smith, Jack DavisPartner, Loomis, Ewert, Parsley, Davis & Gotting, ArchitectureBill KimbleChairman & CEO, C2 AECreativeSteve CurranPresident & Creative Director, Harvest Creative ServicesEnvironmentalEric HelzerRegional Manager, AKT PeerlessPete BosanicFounder & President, PM EnvironmentalMark QuimbySenior Project Consultant,Soil & Materials Engineers, McNabb CEO & Principal Scientist,TriterraFinancial InstitutionsJason SandersMid Michigan Market President, Fifth Third BankPatrick SpykeExecutive Vice President,LAFCUD avid SnodgrassPresident & CEO, Lake Trust Credit UnionApril ClobesPresident & CEO, MSU Federal Credit Union InsuranceSteve Reynolds VP, Corporate Secretary & Services, Accident Fund Holdings, F.

3 WoodburySVP, Secretary & General Counsel, Auto-Owners Insurance PuchalaSr. Community Liaison, Community Responsibility,Blue Cross Blue Shield of MI James Robinson Executive Vice President,Farm Bureau Insurance CompanyJohn BrownVP, Public Policy & Communications, Jackson National Life Insurance CompanyBioTechnologyAdam HaveyEVP, BioDefense Division, Emergent BioSolutions, HooperPartner, Andrews Hooper & Pavlik, Roznowski President & CEO, The Christman CompanyChuck ClarkCEO, Clark Construction CompanySteve AlexanderEVP & Head of Corporate Banking for MI & NW Ohio, PNC BankFROM THE DESK OF THE PRESIDENTS teve Roznowski (Chairman) President & CEO The Christman Company Steve Curran (Vice-Chair)President & Creative Director, Harvest Creative ServicesJeff Wesley (Treasurer)Chief Financial Officer, Two Men And A Truck John Brown (Secretary)VP, Public Policy & CommunicationsJackson National LifeApril ClobesPresident & CEO, MSU Federal Credit UnionJames Robinson EVP,Farm Bureau Insurance Company Dennis Swan (Past Chair)

4 President & CEO, Sparrow Health System 2 Since 2012, your economic development agency, the Lansing Economic Area Partnership (LEAP), has worked extensively on projects that have resulted in or soon will result in: 3,348 private jobs and $836 million in private 2014 specifically, the LEAP project numbers were 463 private jobs along with $271 million in private are big and significant numbers for the Lansing region. But there s 2014 , LEAP s New Economy Division held many entrepreneurial events, business pitch events, business startup training sessions, opened the state s first fashion incubator with the city of Lansing and developed and executed a grand bargain for improvements at the Technology Innovation Center (TIC) which LEAP runs, under contract, as part of the Lansing Regional SmartZone (LDFA).LEAP also made major progress with initiatives such as helping secure $1 million from the Michigan Economic Development Corporation (MEDC) to support Michigan State University s critical Food Processing and Innovation Center, creating , distributing three more $10,000 grants for public art, creating the first Annual Lansing Youth Startup Challenge, and creating the nationally recognized Lansing Maker also, under a contract, is the economic development department for the city of Lansing, which is booming with new vibrancy, projects, and opportunities.

5 LEAP, as well, has worked hard in the more rural communities to create agricultural development opportunities. LEAP works weekly with the city of East Lansing, Michigan State University, Lansing Community College, the Capital Region International Airport, the townships and small towns to create more development strategies, and , LEAP does projects, big and small, throughout the region. Some of these projects are the biggest and most complicated in the country, and would not happen without we also work strategically to create a regional product that is globally competitive. Entrepreneurism, placemaking, diversity initiatives, and talent development must add up to create an entirely new mindset, a new culture, a global look, if you will, throughout the Lansing region, one that ultimately moves the dial toward global prosperity for s a new Lansing region. The old Lansing region is course, all of these global achievements are a product of the hard work of LEAP s tireless staff, the support of our Board of Directors (our members/investors) and the many, amazing public and private partners throughout Clinton, Eaton, and Ingham is LEAP s privilege to serve, as one of the top economic development agencies in the state and country, the communities, families, and businesses of the Lansing Region.

6 And it could not happen without each and every one of our LEAP members/investors. In return, as a community, we owe them our exclusive business and support and ask you to check them out at Truly, Stronger Together!Robert L. Trezise, & CEO Lansing Economic Area Partnership | LEAP3 TABLE OF CONTENTSLEAP Board of Directors ..1A Message from the President ..2 Table of Contents ..32014: The Year in Numbers ..4 LEAP Operations ..5-6 Regional Partner Engagement Survey Results ..7 Lansing Region Accolades ..8 Business Development ..9-10 Business Startup ..11 Lansing Maker Week/RING | Lansing s Innovation Network ..12 The Runway ..13-14 Placemaking ..15 Diversity Lansing/Lansing Youth Startup Challenge ..16 Catalyst .. Indicators ..18 Regional Indicators ..19 Notable LEAP Accomplishments ..20 Lansing Regional Headlines ..21-22 4 Jobs Created 2012- 2014 Private Investment 2012- 2014 These aren t just jobs and these aren t just numbers, these are - Bob Trezise500100015002000250030003500201220 132014463 Jobs3,348 Cumulative Jobs Created2,105 Jobs780 Jobs$1B$500M201220132014$99 Million$466 Million$271 Million$271,181,430 Total Private Investment2014: THE YEAR IN NUMBERS463 Jobs CreatedJobs Retained138 Projects by IndustryAdvanced & $836 MillionCumulativeSteven L.

7 Willobee COOKarl Dorshimer Director of Business DevelopmentKeith J. Lambert Manager of Tri-County DevelopmentRobert L. Trezise, Jr. President & CEOTedi R. Parsons Exec. Administrator Diversity & Inclusion Marchelle Smith ControllerDavid OlsonManager of Business AttracrionGail Catron Accounting AssistantSara ParkinsonDirector of Talent & Communications Accounting AssistantGail CatronDiversityTedi ParsonsExecutive AssistantTedi ParsonsBoard of DirectorsExecutive CommitteeSteering CommitteePresident & CEO Bob TreziseCOOS teve WillobeeControllerMarchelle SmithWORKGROUPS Agriculture & Food Processing Development Accelerating Capital Region Attraction Committee LEAP Tri-County Regional PartnersWORKGROUPS RING (Lansing s Innovation Network) Fund Lansing Loan CommitteeWORKGROUPS Placemaking Committee Global Lansing Diversity WorkgroupIncubationQuin StinchfieldLDFAR egional SmartZoneTALENT DEVELOPMENT & PLACEMAKINGSara ParkinsonPlacemakingSara ParkinsonRetention & Recruiting TalentSara ParkinsonBUSINESS DEVELOPMENTKarl Dorshimer*Community DevelopmentMarilyn Crowley*RetentionJeff SandTri-CountyKeith LambertAttractionDavid OlsonBUSINESS STARTUPTony WillisMarketing & Public RelationsSara ParkinsonAccelerator Gate Keeper3D PrototypeFund LansingYouth Startup Total Budget Total Staff2012 $1,222,200 72013 $1,529,675 92014 $1,642,250 112015 $1,857,679 D.

8 Stinchfield Manager of Business IncubationTony Willis Director ofBusiness Innovation 6 LEAP Board of Directors Makeup36916 LEAP Budget Makeup$795,000$270,000$168,000$387,568$6 78,565 Private SectorPublic SectorInstitutionsGrantsContracts/AdminL EAP is the economic development organization proudly representing the tri-county region of Clinton, Eaton, and Ingham counties in partnership with the Michigan Economic Development Corporation. Through this partnership, LEAP utilizes the services of the MEDC in economic development programming. *Jeff SandMEDC Business Development Manager*Marilyn CrowleyMEDC Community Development ManagerLANSING ECONOMIC AREA PARTNERSHIP Since moving my business to Lansing, the LEAP team has been nothing but supportive of my efforts to bring great coffee to Lansing. - Jared Field, Bloom Coffee RoastersCity of Lansing(LEDC, TIFA, LBRA)Corridor Improvement Authority(MI Ave, Saginaw, Cedar)LEDC LoanCommitteeRunwayFashionIncubatorEB-57 7 Thank you so much for putting the time and effort into planning and executing the RING tour!

9 I am so glad I went, not just because it was a BLAST and I had a chance to meet some amazing people, but also because now I know about these places and can help better serve this community by spreading the good word of what s available in this region! Going on that tour made me even more proud to be living in Lansing and I m just excited for what s in store for our region. -Jennifer Wagemann, Manager of Business Development, Lansing Regional Chamber of Commerce LANSING REGIONAL ECONOMIC PARTNERS ENGAGEMENT SURVEY Strongly AgreeAgreeDisagreeNo OpinionNeutralSomewhat DisagreeSomewhat AgreeMy organization has experiences increased opportunities because of LEAP s efforts. The regional partnership has grown my organization s opportunities. I feel positive about the direction LEAP is pursuing in defining our regional mission. The LEAP team is available for me when needs arise. 2014201354%8%8%23%7%41%23%24%6%6%15%39%8 %15%23%29%6%12%47%6%31%8%61%53%6%41%31%8 %61%41%6%12%41%2014201320142013201420138 Lansing region will lead all regions in Michigan in Population Growth; 77,000 through 2030, Urban InstituteLansing region named one of 10 best affordable places to live, region has the 2nd highest multi-family occupancy rate in region 13th Best Place in US for IT Job Growth, Trade and Industry Development MagazineMichigan State University named #1 in Nuclear Physics ahead of MIT by News & World Report for the fifth consecutive yearNEW GLOBAL ACCOLADES FOR 2014 /2015 The Lansing region is one of only two communities in the state to show population growth in the 2010 CensusLansing named the 16th Brainiest City by The Atlantic Cities place publicationAustin, Chicago, Boston.

10 And Lansing was named the Nation s Top 10 Best Cities for Young Adults by KiplingerLansing is the midwest hub for Fortune 500 insurance companies national headquartersLansing is home to GM & the world s two newest and most technologically advanced assembly plantsMSU s Video Game Design Undergraduate program ranked #10 in the Nation by The Princeton ReviewGDP Growth in the State of Michigan 2001-2011; 1) Kalamazoo 2) Lansing-East Lansing 3) Ann Arbor 4) Grand Rapids; growth in 2013 MSU named 39th-most recruited university in the world by global business leaders, New York TimesMSU s Broad College of Business MBA program ranked the best in the for placement success by Financial TimesCONTINUED POINTS OF Fifth SpiritsCameron Tool CorporationCapitol City BooksGeneral Motors - Lansing Grand River PlantGeneral Motors - Delta Township PlantHigh Grade MaterialsKIRCHOFF Van-RobCooley Law School Stadium OutfieldNeogen - Shiawassee Street ExpansionNeogen - Vector Building SAET North Grand River SATIZ Industries, Place1510-65-2175152501025104415----3817 03--0-080-$400,000$1,700,000$1,541,844$1 62,000,000$38,000,000$1,000,000$24,820,6 59$12,500,000$1,600,000$188,000-$7,000,0 00-$4,430,927$16,000,000 CompanyJobs CreatedJobs RetainedPrivate Investment411138$271,181,430 BUSINESS ATTRACTION, RETENTION & EXPANSIONNote: This Annual Report represents only value-add projects completed by LEAP.