Economic and Community Development Committee — Columbia, SC
Date: 2020-12-17
Time: 13:00

COLUMBIA ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE
 MEETING AGENDA
 THURSDAY, DECEMBER 17, 2020


The Columbia Economic and Community Development Committee will conduct a meeting
on Thursday, December 17, 2020 at 12:00 p.m. using Video Conferencing Technology. The
meeting will be streamed online at www.columbiasc.gov.

CALL TO ORDER
COMMITTEE DISCUSSION

1. Columbia Technology Plan - Mr. Ryan Coleman, Economic Development Director

ADJOURNMENT




 Page 1 of 1

COLUMBIA ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE
 MEETING AGENDA
 THURSDAY, DECEMBER 17, 2020


The Columbia Economic and Community Development Committee will conduct a meeting
on Thursday, December 17, 2020 at 12:00 p.m. using Video Conferencing Technology. The
meeting will be streamed online at www.columbiasc.gov.

CALL TO ORDER
COMMITTEE DISCUSSION

1. Columbia Technology Plan - Mr. Ryan Coleman, Economic Development Director

ADJOURNMENT




 Page 1 of 1
 1




MEETING DATE: December 17, 2020

DEPARTMENT: City Clerk

FROM: Erika Hammond, City Clerk

SUBJECT: Columbia Technology Plan - Mr. Ryan Coleman, Economic
 Development Director
FUNDING SOURCE &
ORIGINAL BUDGET:

FOCUS AREAS: Economic Prosperity - Endless Possibilities


ATTACHMENTS:
  FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (PDF)




Updated: 12/16/2020 11:44 AM Page 1
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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :




Columbia’s Economic Development Action Plan
Knowledge Economy Cluster Development Strategy for the Columbia Region
June 25th, 2020
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Table of Contents




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Genesis of Columbia’s Economic Development Action Plan 3

Prioritized Industry and Value Chain Segment Intersections 4

Innovation Pillar – Detailed Opportunities 5

Workforce Pillar – Detailed Opportunities 18

Incentives Pillar – Detailed Opportunities 30

Economic Development Pillar – Detailed Opportunities 38

Consolidated Economic Development Action Plan 45

Governance Framework Considerations 57




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Genesis of Columbia’s Economic Development Action Plan
Metro Columbia stakeholders seek to develop and execute a strategy by which to increase and then maintain




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
higher levels of investment in knowledge-based enterprise operations

Background

The Columbia metro region has achieved consistent success for decades in attracting and growing industrial-based
enterprise activities like Manufacturing and Logistics and Distribution.
There is a growing perception amongst Columbia’s economic development and relevant stakeholder community that the
region is not achieving success commensurate to its capabilities in attracting knowledge-based enterprise activities
like IT, R&D, and specialized business processes in fields like FinTech, Cybersecurity, AI, Data Analytics, etc.

Call to Action

Columbia region stakeholders seek to establish an action-oriented roadmap for increasing investment in knowledge-
based enterprise activities and executing against that plan in order to cultivate the development of knowledge-based
industry clusters in the Columbia region


Action Plan Rollout

Deloitte Consulting has worked with local, county, and state-level stakeholders as well as select private enterprises to
identify and evaluate Columbia’s most urgent needs in terms of targeted investment attraction tools and capabilities.
This document introduces target segments and peer community attributes and capabilities and further presents and
prioritizes capability development initiatives across four key pillars to Columbia’s economic development action plan:
Innovation, Workforce, Incentives, and Economic Development
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Prioritized Industry and Value Chain Segment Intersections
After conducting an initial visioning workshop with stakeholders, Deloitte worked with project team members




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
to establish a priority list of segments to be targeted by the ED action plan



 Healthcare
 Software & IT
 Value Chain Financial Services Information Aerospace Biotechnology Medical Devices
 Services
 Technology


  Design, Development &
 Testing (R&D) ✓ ✓
 Business
 Operations/Service
 Delivery
 ✓ ✓ ✓

 Manufacturing ✓ ✓
 ✓
 Distribution ✓

 Commercial Activities ✓

 Headquarters ✓
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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Research, Innovation, and Partnerships
Pillar




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 Outer band = Less
 control/influence
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  Research, Innovation, and Partnerships Cluster Framework 1




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Demand and Interaction Body of Scientific Policy Framework and
 1
 Close linkage between research
 2 Knowledge 3 Leadership
 objectives and customer Assets of extensive scientific Clear policy framework and effective
 demand knowledge in core areas governance structure and leaders
 Inner band = More
 control/influence

 4 5 6 7
 Guidance Model Market Orientation Access to resources &
 Manifesto Guide innovation initiatives
 Vision and value that define the
 An understanding of funding
 through clear ownership and customer needs through Access to funding via various
 direction of innovations effective collaboration market research channels



 8 9
 Spatial Factors
 ‘Local’ Engine Advantages of the local
 Existing local assets communities (e.g. housing,
 education, employment options)


 10
 Talent and Teams
 Ability to attract, develop and
 retain talented scientists and
 researchers
 11 12
 Collaboration
 Have the governance and Self Direction
 infrastructure in place to Autonomous innovation teams
 promote collaboration across that do not require significant
 organizations supervision




 13
 Intensity
 High performing innovation and
 research teams that bring
 intensity to their work




1. For the sake of clarity we have identified 13 separate components of the Research, Innovation, and Partnership System. In reality these components frequently overlap and reinforce each other
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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations
 ▪ Ranking No. 1 in the University Technology
 Transfer and Commercialization Index by
 UofSC Office of Economic Engagement (OEE) Milken Institute, University of Utah has a
DEMAND AND INTERACTION successful Technology and Venture
 should continue to develop the depth and
1▪ Develop close and interactive linkages breadth of the team dedicated to Research Commercialization (TVC) office that regularly
 between research and customers to Commercialization and Innovation engages with university researchers in
 improve the quality and output of both assessing the commerciality of early-stage
 ▪ Continue to grow and scale their capacity research, applying for patents and developing
 research and product innovation to guide companies and faculty throughout strategies for commercializing IP’s
 Segment Scale Research the process of formal licensing. Continue
 2 ▪ NC State’s Office of Research
 Agnostic Commercialization to develop a deep bench of capabilities with
 Commercialization (ORC) plays a crucial role in
BODY OF SCIENTIFIC KNOWLEDGE additional specialists in licensing, BD, and
 protecting and promoting univ. research
 legal matters
2▪ In its own right an extensive and discoveries and intellectual property. The
 distinctive body of scientific knowledge ▪ IP Management: Continue to grow and office has specialists in licensing, business
 (insights, methodologies, tools, data scale their assistance program in IP creation development and legal matters
 and people) is a distinguishing and licensing process for companies, ▪ More examples include U of Pittsburg’s
 university, faculty and entrepreneurs Innovation Institute; U of Oklahoma’s Office
 characteristic of leading research
 clusters. Retaining world class of Technology Commercialization; Columbia
 knowledge is critical in order to University's Technology Ventures
 identify and attract both talent and Establish a crowdsourcing platform to
 leading edge collaboration partners address critical innovation needs in Columbia’s ▪ US Defense Advanced Research Projects
 priority sectors and value chain segments Agency decided to crowdsource its next-
 generation amphibious fighting vehicle in 2012
 ▪ A new innovation council or similar kind of after shutting down its traditional
POLICY FRAMEWORK & LEADERSHIP organization (potentially led by SCRA), selects procurement, which had already cost
3▪ Clusters are not simply the result of the highest demand industry-generated needs taxpayers $13 billion. The winning design was
 organic activities but grow because of for which to crowdsource solutions and align announced in April 2013, just six months after
 deliberate interventions. This has three capital and funding from a variety of the competition was launched
 Segment Crowdsourcing avenues: crowdfunding, Special Source
 important consequences: 1
 Agnostic Platform Revenue Bonds, Non-profit Philanthropy Orgs., ▪ Allstate sponsors crowdsourcing
 • Need for a clear policy framework Sovereign Funds, etc. competitions, an example of which resulted in
 a liability prediction model that was 271%
 • Development of effective ▪ Crowdsourcing can be realized through more accurate than their original one
 governance structures, and, competitions where researchers/innovators
 submit proposed solutions to the committee ▪ Fresno California crowdsourced solutions to
 • The appointment of strong solve asthma public health issue with a $2
 collaborative leaders ▪ Funding is provided to winning team(s) to million bond. They issued an RFP on their
 come to Columbia and further develop their platform and granted funds to the top 3 ideas
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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 There is a need for incubators and incubator ▪ Columbus, Ohio’s Rev1 Labs functions as a
 outreach/development programs in combination incubator-accelerator solution
  MANIFESTO Cybersecurity (such as SC Cyber), FinTech/ and has specific programs and accelerator
 InsurTech, and Medical Devices segments offerings tailored to the following segments
  4▪ Develop a manifesto to define research (amongst others):
 ▪ Leverage the capabilities of SCRA’s
 clusters purpose, values and behavior • FinTech and InsurTech
 Innovation Centers, UofSC’s Columbia
 and create a collective mind set
 Technology Incubator, SC Business • Digital Health and Healthcare IT
  GUIDANCE’ MANAGEMENT MODEL Incubator Association, Scribble, and • Life Sciences
 local entrepreneurs to develop a
  5▪ The complexity of advanced research distinguished local incubator program that ▪ Rev1 Labs provides a variety of co-working
 requires a thoughtful approach to focuses directly on the needs of Columbia’s space options, including 400 West Rich, a
 influencing and motivating individuals priority target segments manufacturing warehouse turned multi-
 and teams. The overriding emphasis functional arts complex and co-working space
 ▪ UofSC and South Carolina should proceed
 should be on guidance as opposed to
 with existing plans for the new medical ▪ Phoenix entrepreneurial ecosystem produces
 management, particularly in the early Strengthen
 school with an attached Medical successful startups through its incubators,
 stages of discovery Columbia’s
 Segment Technology Innovation Center to provide such as the Center for Entrepreneurial
 Network of Sector 7 Innovation (for emerging tech, bioscience
  MARKET ORIENTATION Agnostic medical innovation connected assets
 focused and renewable energy) and SEED Spot (for
  6▪ Effective innovation requires a detailed Incubators ▪ There appear to be space constraints social entrepreneurs)
 understanding of current, emerging limiting immediate scalability of
 and anticipated customer needs Columbia’s existing incubator resources ▪ Ann Arbor SPARK program provides
 through market research, forums, Entrepreneurial Services to help startups
 • SCRA should keep using renovated
 customer relationships and attract capital, talent, customers and
 warehouses to provide
 infrastructure strategic resources, and Business
 complimentary space for teams and Development Services for established
  ACCESS TO RESOURCES AND FUNDING co-working space/incubator companies, promoting growth/reinvestment
  7▪ Successful clusters are characterized • UofSC could leverage existing or new ▪ The Capital Factory in Austin, an 80K SF
 by the ability to attract funding from facilities to provide space for coworking space wherein 900 tech-focused
 multiple sources (federal, corporate, teams/companies, such as USC
 events are conducted in collaboration with
 Columbia Technology Incubator
 VC, etc.) 150+ tech mentors. Along with support on
 ▪ Funding: Leveraging funding from SCRA, fundraising, recruiting, IP, etc., the center
 ▪ Creating these sources of funds is the helps entrepreneurs/small businesses to
 UofSC, and the Local and State Economic
 central challenge in setting up and Development Offices collaborate with industry and investors
 maintaining a cluster


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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations
 Leveraging existing capabilities of SCRA, SC ▪ Charlotte’s Queen City Fintech’s 12-week
 Launch and UofSC to create specific accelerator program is designed to mature
 Accelerator Programs for the priority fintech startups through mentorship from
  MANIFESTO
 segments that are fixed-term, cohort-based, banking executives, BDs, VCs and attorneys
  4▪ Develop a manifesto to define research which provide seed funding, mentorships, ▪ CyberLaunch invests in a select number of
 clusters purpose, values and behavior industry connections, etc. to selected startups in startups twice a year and brings them to
 and create a collective mind set Columbia area Atlanta for 3 months and provides access to
 capital and mentors to help them launch
  ‘GUIDANCE’ MANAGEMENT MODEL ▪ The existing innovation center at UofSC and
 ▪ Flashpoint Program at Georgia Tech, a
 SCRA could be leveraged to establish
  5▪ The complexity of advanced research startup accelerator, teaches entrepreneurs
 Segment Accelerator specialized incubator-accelerator
 requires a thoughtful approach to 7 what they need to know to get their early-state
 Agnostic Program services for FinTech/InsurTech and
 influencing and motivating individuals business model off the ground
 Healthcare IT startups, focused on rapidly
 and teams. The overriding emphasis developing technologies and business models ▪ Iowa’s Global Insurance Accelerator,
 should be on guidance as opposed to in these areas based in Des Moines, is a mentor-driven
 management, particularly in the early program that supports startups/entrepreneurs
 stages of discovery ▪ Likewise, UofSC and SCRA should also with VC, insurance industry mentorship and
 consider establishing a new accelerator training programs
  MARKET ORIENTATION offering for Biotechnology and Medical ▪ Hartford’s InsurTech Accelerator funded by
  6▪ Effective innovation requires a detailed Devices startups as a part of an initiative to a quasi-public entity, overseeing state's
 build an innovation center at its new medical Innovation Places program, focusing on
 understanding of current, emerging
 school campus InsurTech, matching grants from insurers
 and anticipated customer needs
 through market research, forums,
 customer relationships and
 infrastructure
  ACCESS TO RESOURCES AND FUNDING
  7▪ Successful clusters are characterized
 by the ability to attract funding from
 multiple sources (federal, corporate,
 VC, etc.)
 ▪ Creating these sources of funds is the
 central challenge in setting up and
 maintaining a cluster


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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 ▪ Cybersecurity Programs developed in ▪ San Antonio Chamber of Commerce created
 partnership between industry and academia a Cybersecurity cluster, through collaboration
 (UofSC, MTC), including Internships, among local start-ups and forming relationships
  MANIFESTO
 Apprenticeship, Innovation and Consortium to units operating in the San Antonio area.
  4▪ Develop a manifesto to define research Initiatives included:
 ▪ At K12 level, conducting Coding Bootcamp/
 clusters purpose, values and behavior Hackathons, Coding Academics, Competitions • CyberTexas supported middle/high school
 and create a collective mind set ▪ Increase financial support and add additional
 students in their cybersecurity studies and
 helps connect them with industry mentors
  ‘GUIDANCE’ MANAGEMENT MODEL assets/ capability to existing UofSC OEE and
 MTC industry outreach; enhance applied • Higher Education Engagement:
  5▪ The complexity of advanced research research through collaboration with local start- colleges/universities developed courses that
 Cybersecurity fills the gap of skills and talent in cyber
 requires a thoughtful approach to Software & ups and established companies (e.g. IBM)
 Innovation 7
 influencing and motivating individuals IT • Cybersecurity Innovation Center: • Cyber Bootcamp has helped provide
 Ecosystem
 and teams. The overriding emphasis leveraging space at McNair Center to business skills for retiring military personnel
 should be on guidance as opposed to establish an incubator or accelerator and and help them develop commercial ideas
 management, particularly in the early collaborate with applied research partners ▪ Colorado is a major market for emerging
 stages of discovery (e.g. SC Cyber/ UofSC) cybersecurity companies, led by root9B. The
 ▪ Develop connections with the military to sector is supported by large defense
  MARKET ORIENTATION support their cyber projects. Initiatives with operations. The National Cybersecurity
 Fort Gordon Cyber Command and Savannah Center is in partnership with U of Colorado
  6▪ Effective innovation requires a detailed
 understanding of current, emerging River Site should be encouraged (e.g. SC ▪ Phoenix Cyber Center serves as a region-hub
 and anticipated customer needs Cyber/ growth of top-secret research contracts for top-tier cyber education, public and private
 and military contracts) community resources.
 through market research, forums,
 customer relationships and
 infrastructure
  ACCESS TO RESOURCES AND FUNDING
  7▪ Successful clusters are characterized
 by the ability to attract funding from
 multiple sources (federal, corporate,
 VC, etc.)
 ▪ Creating these sources of funds is the
 central challenge in setting up and
 maintaining a cluster


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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 Access additional grants and diversify funding
 sources to increase scalability of support
  MANIFESTO and enablement of Applied Research in
 partnership with priority sectors
  4▪ Develop a manifesto to define research ▪ Increase the existing SCCC, SC Launch and
 clusters purpose, values and behavior UofSC OEE offices’ involvement for grant and
 and create a collective mind set funding for applied research in collaboration
 with start-ups/mid-size companies on ▪ Utah Science Technology and Research
  ‘GUIDANCE’ MANAGEMENT MODEL Initiative (USTAR), the technology-based
 Customized Factory of Future research initiatives and
  5▪ The complexity of medical research Cybersecurity related efforts EDA of Utah – provides the University
 Applied Research Technology Acceleration Grant (UTAG)
 requires a thoughtful approach to Segment
 Solution in 7 ▪ Provide space at the USC/Columbia
 influencing and motivating individuals Agnostic • The program is designed to advance the
 Partnership with Innovation Center or other/new incubators to
 and teams. The overriding emphasis Industry qualified research teams in the targeted areas maturity of technology that has been
 should be on guidance as opposed to – advanced manufacturing, IT/Cybersecurity, developed in the university lab to
 management, particularly in the early Life Sciences catalyze it toward commercialization
 stages of discovery ▪ UofSC’s OEE should be resourced to
  MARKET ORIENTATION maximize their ability to have a more
 significant/proactive role in recruiting
  6▪ Effective innovation requires a detailed industrial partners for applied research
 understanding of current, emerging projects, and continue assisting in negotiating
 and anticipated customer needs contracts and agreements
 through market research, forums,
 customer relationships and
 infrastructure
  ACCESS TO RESOURCES AND FUNDING
  7▪ Successful clusters are characterized
 by the ability to attract funding from
 multiple sources (federal, corporate,
 VC, etc.)
 ▪ Creating these sources of funds is the
 central challenge in setting up and
 maintaining a cluster


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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 Create the business, education and social
 environment to establish a brand as a
  MANIFESTO Technology Corridor to attract hi-tech
 companies. Elements required to scale:
  4▪ Develop a manifesto to define research
 ▪ Develop Community initiatives including
 clusters purpose, values and behavior
 UofSC and MTC faculty programs,
 and create a collective mind set
 networking events, conferences, industry
  ‘GUIDANCE’ MANAGEMENT MODEL mentors, etc. ▪ Jacksonville's Innovation Corridor with
 sizable investments and research in sensory
  5▪ The complexity of medical research ▪ Provide collaboration spaces in the form of data collection, next-generation technology,
 requires a thoughtful approach to co-working shops, incubators, accelerators or automated vehicles, etc.
 influencing and motivating individuals innovation centers
 ▪ Charleston, SC’s Digital Corridor (LINK)
 and teams. The overriding emphasis Financial ▪ Access to capital for companies in the attracts, nurtures and promotes the region's
 should be on guidance as opposed to Services, corridor, supplement with tax incentives,
 Technology tech economy through an array of impactful
 management, particularly in the early 7 training and recruiting incentives, etc.
 Corridors programs, products and events
 stages of discovery Software
 & IT ▪ Companies who locate in an ‘Opportunity ▪ Savannah Logistics Technology Corridor
  MARKET ORIENTATION Zone’ of the Corridor can enjoy reduced in Georgia comprised of business, state,
 property taxes, or benefit from foreign education, and community stakeholders
  6▪ Effective innovation requires a detailed investments through the development of tech corridor that
 understanding of current, emerging
 ▪ Increase the level of collaboration between supports logistics technology development
 and anticipated customer needs
 local governments and universities/technical through innovation and investment
 through market research, forums,
 customer relationships and colleges to identify potential technology
 infrastructure corridors across the Richland and
 Lexington county region. As examples,
  ACCESS TO RESOURCES AND FUNDING MTC’s Enterprise Campus and Lexington
  7▪ Successful clusters are characterized County’s Chapin Business & Technology Park
 by the ability to attract funding from could be identified as potential technology
 multiple sources (federal, corporate, corridors for the future
 VC, etc.)
 ▪ Creating these sources of funds is the
 central challenge in setting up and
 maintaining a cluster


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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 Columbia has an opportunity to reinvent the
 region’s InsurTech Industry Association that
  ‘LOCAL’ ENGINE has very recently not been active

 8▪ Clusters are heavily shaped by local
 ▪ Establish a refined mandate and refreshed
 conditions and it is critical to determine
 value proposition for participating
 which current (or future) factors or ▪ Existing employer interviews revealed that
 organizations
 ‘local’ engines will drive innovation. This there is a genuine desire amongst Columbia’s
 requires ED leadership to: insurance industry/InsurTech players to
 ▪ Predicate success of relaunched association establish a stronger degree of collaboration
 • Determine key distinctive local on extensive, consistent and sustained
 assets with UofSC and re-establish a collaborative
 collaboration with UofSC and continued cluster forum
 • Work with and engage key local involvement of MTC in the space
 InsurTech Industry
 stakeholders
 Association ▪ InsurTech represents a compelling
 • Investment in options based on long Financial ▪ A re-established/revitalized Association
 Revitalization and 8 opportunity to establish an annual national
 term benefits, e.g. multiplier effects Services should develop a talent hub or directory –
 Annual Innovation summit/conference that could enhance the
 or the ability to create sustained Summit a way for many ex-PMSC and InsurTech prominence of Columbia as a leading
 growth, rather than short tern ROI startups spun out of PMSC (such as TCube, innovative cluster in the field
 criteria Duckcreek, EagleEye Analytics, etc.) to
 collaborate socially and professionally
 ▪ FINTECH GENERATIONS: Charlotte’s
 conference attended by fintech
  SPATIAL FACTORS ▪ The refreshed organization can have as one entrepreneurs, professionals and investors
 of its core mandates the creation of a new was held virtually in June 2020
 9▪ The importance of spatial factors like annual InsurTech Innovation Summit in
 alternative employment options, collaboration with the UofSC’s Office of
 housing and education reduce the risks Economic Engagement, the university’s
 associated with start up environments McNair Institute for Entrepreneurism and
 (providing fall back alternatives) while Free Enterprise, and the South Carolina
 creating opportunities for two income Council on Competitiveness
 families
  ▪ Housing and education directly ▪ Increase brand recognition, size and
 determines the attractiveness of a exposure of the annual SCBIO conference,
 region, particularly for families and add Columbia to list of locations for the ▪ NC Biotechnology: established more than
 Biotech, Life Science SCBIO annual conference 35 years ago, has hosted many conferences
 Medical Conferences and 8 in Life Sciences on various topics ranging
 Devices Symposium ▪ Consider applying to host some of the from “Medical, Biomedical & Biodefense” to
 world-renowned conferences in Life “Global Health Leadership Forum”
 Sciences such as “BIO World Congress on
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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 Leverage existing strengths already in place at
 UofSC in manufacturing-focused fields of ▪ Singapore’s Agency for Science,
  ‘LOCAL’ ENGINE engineering and supply chain as a catalyst for Technology and Research (A*STAR)
 collaborative economic development encourages the development of industry-
 8▪ Clusters are heavily shaped by local relevant manufacturing technologies which
 conditions and it is critical to determine can be brought to commercialization in the
 ▪ Strengthen collaboration between
 which current (or future) factors or coming years
 Columbia’s economic development
 ‘local’ engines will drive innovation. This
 community and private enterprise • Focus areas include AI, Industrial
 requires ED leadership to:
 leveraging high-profile assets like the Internet-of-Things (IIoT), additive
 • Determine key distinctive local Develop Strategy McNair Center to strengthen the city’s manufacturing, data analytics for
 assets on Next Gen reputation as a hub for next-gen predictive maintenance and asset
 Aerospace 8
 • Work with and engage key local Manufacturing manufacturing technologies, potentially optimization LINK
 stakeholders Technology prioritizing Aerospace and then
 expanding the model to other priority ▪ Edison Technology Centers, Columbus
 • Investment in options based on long (OH) provide product/process innovation
 term benefits, e.g. multiplier effects segments
 and commercialization services to both
 or the ability to create sustained established and early-stage tech businesses
 growth, rather than short tern ROI ▪ Columbia should leverage its strong
 criteria academia and industry assets available ▪ PolymerOhio: Networking group of
 in AI, IIoT, Cyber Security, Supply polymer companies, leading academic
 Chain and Data Analytics to strengthen agencies and service providers to develop
  SPATIAL FACTORS its manufacturing technology capabilities Ohio’s polymer industry
 and infrastructure
 9▪ The importance of spatial factors like
 alternative employment options, A strengthened and diversified fiber network
 housing and education reduce the risks could enable the outskirts of the metro to be
 associated with start up environments more competitive in attracting new data center
 (providing fall back alternatives) while investments
 creating opportunities for two income Financial ▪ Madison promotes its Open Data city
 ▪ Larger-scale enterprise data centers are
 families Services/ status, providing collaborative fiber-optic
 often deployed in relatively remote areas
 Healthcare network serving education, health,
  ▪ Housing and education directly Fiber Network 9 (suburban/rural outskirts of larger metros),
 IT/ government, and organizations anchor
 determines the attractiveness of a especially when such areas have a robust
 Segment startups and established companies in
 region, particularly for families and diverse network of fiber-based
 Agnostic Madison and its neighboring area
 telecommunications providers
 ▪ The Columbia region’s ease of commuting
 from and into the city further enhances the
 value proposition
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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 Enhance the UofSC OEE’s centralized function
 to create industry and academic collaboration
 by providing more resources to the OEE ▪ Maryland Industrial Partnerships (MIPS)
 COLLABORATION (personnel and funding) promotes the development and
 ▪
10 Create a clear direction, incentives and commercialization of products and
 a ‘boundary less’ environment to enable ▪ Increase the awareness and collaboration processes through industry/university
 effective collaboration across teams and between the OEE and faculties from all research partnerships. MIPS provides
 Enhance
 organizations departments matching funds to help Maryland companies
 collaboration
 10 pay for the university research
 SELF DIRECTION among industries
 ▪ Provide more value-added services to
 and the university
11
 ▪ Self directing teams, which combine industries such as providing real estate / lab ▪ NC State has an Office of Partnerships and
 different skills and talents without space on or near campus, testing service Economic Development that attracts
 significant management supervision, and equipment investment and help facilitate job creation
 are a critical element of high by partnering with companies, faculties and
 performing research environments Segment ▪ Connect with highly qualified students for innovators
 Agnostic internships and co-ops and full-time
 INTENSITY opportunities with companies
 ▪ High performing innovation
12
 Most faculty are evaluated based on academic
 environments are characterized by a
 research, however, it is recommended to add
 clear mission, high levels of
 industry collaboration as additional criteria to
 collaboration, urgency, excitement and
 enhance the research objectives and market
 a sense of progress which results in ▪ Georgia Tech: Faculty performance
 demand
 intense working practices (without for Faculty evaluation includes industry collaboration
 top down pressure or incentive Recruitment and
 13 ▪ Incorporate industry collaboration as a
 systems) Performance ▪ Wichita State: Faculties are rewarded
 priority when recruiting and evaluating
 Evaluation financially with the level of funding they
 TALENT AND TEAMS faculty
 bring to the university
 ▪
13 Talent management includes
 ▪ Incentivize faculty by offering a bonus for
 developing individual skills, behavior
 the magnitude of funding they can get for
 and motivation, and building processes
 research
 to attract, develop, value and retain
 talented scientists across a region




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 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations

 Columbia’s Economic Development stakeholders ▪ Start In Wisconsin (LINK): Online platform
 should actively collaborate with robust S.C. for entrepreneurs to find and access resources
 Innovation Hub (LINK), the online tool for the housed across government agencies,
 COLLABORATION state’s innovation community – supplying educational institutions and entrepreneur
 ▪ Create a clear direction, incentives and individuals and businesses within the tech sector support organizations. It includes:
10
 a ‘boundary less’ environment to enable a platform to access resources and connections. • Searchable database of regional/statewide
 effective collaboration across teams and ▪ Priority would be to curate an exhaustive organizations
 organizations Directory of directory of Columbia and its counties startup • Calendar of relevant events and networking
 Regional and and entrepreneurial resources opportunities
 SELF DIRECTION Segment
 Statewide Startup 13
 Agnostic ▪ Enabling the tool to instill confidence in • Telephone hotline for 1-on-1 help and
 & Entrepreneurial
11
 ▪ Self directing teams, which combine entrepreneurs that Columbia is a thriving referrals to nearby entrepreneur support
 Resources
 different skills and talents without and supportive environment to start a organizations
 significant management supervision, business ▪ North Carolina’s Southeast’s website has a
 are a critical element of high ▪ Greater community awareness of the role of list of entrepreneurial resources including
 performing research environments the economic development community in funding access, networks, innovation centers
 INTENSITY supporting startups and growth of small (LINK)
 businesses, along with improved governance ▪ New York also lists a comprehensive list of
 ▪ High performing innovation
12 and coordination resources for entrepreneurs (LINK)
 environments are characterized by a
 clear mission, high levels of ▪ Hive @ Central, Phoenix Public Library:
 collaboration, urgency, excitement and The space is part of the Entrepreneurship
 a sense of progress which results in Outreach Network, bringing together
 intense working practices (without for Enhance the value of Richland Library inventors, problem-solvers, entrepreneurs and
 top down pressure or incentive Coworking Center in Columbia (LINK) as a small businesses
 systems) Technology Collaboration space wherein tech-
 focused events can be hosted ▪ Ohio’s Akron-Summit County Public Library
 TALENT AND TEAMS Technology Microbusiness Center is another example
 ▪ Along with support on fundraising, recruiting,
 Collaboration
 ▪
13 Talent management includes and IP, the centers can help entrepreneurs ▪ Columbus Ohio’s OCLC (Online Computer
 Segment Center and
 developing individual skills, behavior 10 and small businesses to collaborate with Library Center)
 Agnostic coworking spaces
 and motivation, and building processes industry leaders and investors
 in the public • The world’s largest library cooperative, with
 to attract, develop, value and retain ▪ The library-based Technology
 library System a mission to provide further access to the
 talented scientists across a region Collaboration Center could also serve as a world’s information by reducing costs and
 center of excellence for virtual improving services through shared, online
 collaboration with participants and resources cataloging
 located outside Columbia
 • A worldwide organization, OCLC
 Copyright © 2020 Deloitte Development LLC. All rights reserved.
 membership comprises 74,000 libraries, 16
 Columbia Cluster Development Strategy Capability Development
 archives and museums in 170 countries Packet Pg. 18
INNERMOST
  LAYER
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 Research, Innovation, and Partnerships (11/11)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Columbia or Peer Community
 Segment Element Description
 Development Implementations
 ▪ Huntsville became a center for rocketry
 since WWII and has evolved to a center for
 scientific innovation with institutions like
 COLLABORATION ▪ Enhance collaboration between McNair
 Redstone Arsenal, HudsonAlpha (think tank),
 Aerospace Center and Shaw Airforce Base
 ▪
10 Create a clear direction, incentives and NASA (e.g. Marshall Spaceflight Center,
 DOD/DOE and perhaps other military/federal
 a ‘boundary less’ environment to enable Space Camp)
 Aerospace Technology 10 establishments with the overarching
 effective collaboration across teams and Spillover objectives of augmenting local research
 organizations ▪ Huntsville benefits from military technology
 capabilities and strengthening the supply of
 – NASA’s Saturn V rocket and the
 SELF DIRECTION military talent into Columbia’s private sector
 technological advances that helped put
11
 ▪ Self directing teams, which combine Americans on the Moon were created in
 different skills and talents without Huntsville-Madison County
 significant management supervision,
 are a critical element of high
 performing research environments
 INTENSITY
 ▪ High performing innovation
12
 environments are characterized by a
 clear mission, high levels of
 collaboration, urgency, excitement and
 a sense of progress which results in
 intense working practices (without for
 top down pressure or incentive
 systems)
 TALENT AND TEAMS
 ▪
13 Talent management includes
 developing individual skills, behavior
 and motivation, and building processes
 to attract, develop, value and retain
 talented scientists across a region




 Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.1719
 1.a




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Workforce, Education and Training
Pillar




Copyright © 2020 Deloitte Development LLC. All rights reserved.
 Packet Pg.1820
 1.a

Workforce, Education and Training Framework




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Curriculum Based Learning Episodic Training

 • College/University Level • Certification programs for
 employees (could be ongoing)
 ✓ College/University courses
 offering on-demand skillsets • Development of Short-term
 Educational Offerings and
 ✓ Scholarship and Grants CURRICULUM EPISODIC Episodic Training
 BASED LEARNING TRAINING
 ✓ Community College Certification Ongoing educational On-demand talent • Skill and Knowledge
 Programs offerings for enriching development Development for Middle-Skill,
 the talent pipeline capabilities, training Middle-Wage or Higher
 ✓ Apprenticeship Programs being produced by people for a Occupations
 area high schools, Workforce,
 particular company’s
 • High School Level colleges, and Education and
 needs, in a specific • Applied Research with Industry
 universities Training
 skill or industry
 Integrated
 ✓ Apprenticeship Programs
 Framework
 ✓ Coding Academics

 ✓ Coding Bootcamp/Hackathons
 CANDIDATE IDENTIFICATION
Candidate Identification & RECRUITMENT Candidate Recruitment

• Assess industry skill needs and Support mechanisms for • Robust one-stop hiring and
  identify where the talent is available connecting employers seeking to
 recruitment platform for companies
 fill critical roles with talent
 qualified to fill those roles, and job seekers
• Evaluate the effectiveness of local
 enhancing ease and efficiency of
  training supports in addressing • Smart technology (AI, Robotics, Data
 their recruiting efforts
  gaps in talent supply Analytics, etc.) to strengthen job
 postings and identification of right
• Manage and maintain an exhaustive candidates
  database of candidate resume and
  talent information • Military Employment Partnership
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.1921
 1.a

Executive Summary: Workforce, Education and Training




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 CURRICULUM BASED LEARNING EPISODIC TRAINING CANDIDATE IDENTIFICATION & RECRUITMENT


 ▪ USC must institutionalize agility in matching degree ▪ MTC can develop an updated collection of intermediate- Along with recruiting, assessment, training development,
 programs and courses to needs of the priority segments. level training programs (for certification or part of management, and implementation services, ReadySC could




  RECOMMENDATIONS
 Suggested areas of focus: programming, data analytics, associate’s degree program curriculum) that can be invest in opportunities like:
 cybersecurity, AI, automation etc. delivered to new hires/candidates of new or growing ▪ Tech to strengthen postings/candidate identification
 private sector employers in target segments ▪ Robust candidate database
 ▪ Expand on the best-in-class ‘Apprenticeship Carolina’
 and look to add forward-looking initiatives like online ▪ Expand on UofSC’s HIT robust faculty work with ▪ Database of trending on-demand skills required by
 portals, smart technologies, etc. industry on applied research projects, and target for local employers and potential new employers
 increased grants/funding, proactivity for recruiting ▪ And, Transitioning Military Employment Partnership
 ▪ Coding Bootcamps and Hackathons for secondary/high
 partners and developing a collaboration space
 school students in software engineering, web or mob dev


 Industry
 3rd Party
 Partners
 A Trainings, Curriculum

 F D
 B Employment Site

 Workforce

  INSIGHT
 Recruitment C Entry Level Recruiting
 Development E
 Platform
 Agency
 D Job Postings
 B
 A
 C E Gaps & Strategy
 The Kentucky STEM Apprenticeship Project realigns their Since 1967, Georgia Quick Start has been collaborating
 University/
 businesses and education resources and using intermediaries to with companies start up and expand their operations by
 Technical
 F Data and Technology
 Employees
 achieve scale. According to Washington State ED Report, for every customized training programs and providing companies with
 College
 dollar spent on apprenticeship taxpayers save $23 a trained workforce

 ▪ IT-focused Associate’s ▪ Mississippi Coding ▪ Georgia Quick Start and ▪ NC State & BTEC ▪ Louisiana LED FastStart ▪ Alabama AIDT
 Degree and certification Academics the Technical College
  PEERS
 ▪ Indiana Cybersecurity ▪ Seattle Military Family ▪ Tennessee Workforce360°
 programs at Tampa’s ▪ NYC General Assembly System of Georgia’s
 Programs Friendly Employment
 Hillsborough Community Coding Bootcamp Apprenticeship Program ▪ NC Works
 Partnership
 College


  ASSETS
 Tech High Local
 USC ReadySC ReadySC MTC USC SCBIO SC CoC SC DEW ReadySC USC SCCC SCBIO
 Colleges Schools Colleges
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2022
 1.a

Workforce, Education and Training (1/7)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted

 ReadySC, Apprenticeship Carolina and the SC Technical
 ▪ The Oregon Pathways to Apprenticeship performed pilot
 online delivery of curriculum, mentorship, and work-based
 College System should continue targeting: 1) Employer
 learning with rural school districts
 Involvement; 2) On-the-job Training; 3) Technical
 Instructions; 4) Paid Work Experience; and 5) Award of ▪ The Rhode Island Youth Apprenticeship Program
 portable, nationally recognized industry credentials. developed competency based Cyber-Security Analyst
 Areas of future initiative: Apprenticeship and Data Analyst Apprenticeship Programs
 ▪ Online delivery of learnings, mentorship, curriculum, ▪ Technical College System of Georgia (TCSG) has teamed
 etc. for youth and high school students with the US Department of Labor Office of Apprenticeship to
 ▪ Targeted Industry/Segment Apprenticeship offer students the opportunity to work with Georgia’s
 Apprenticeship Programs on areas of priority for Columbia such as manufacturing leaders as registered apprentices. TCSG
 Talent
 Program Cybersecurity, AI, HIT, Biotech, Advanced Apprenticeship offers programs (e.g. Industrial Systems
 Manufacturing etc. This may include programs in coding, Technology) that ties directly to occupations (e.g. Industrial
 software design, data analytics, etc. Maintenance Technician) – LINK
 • Establish Software & IT Apprenticeship Program ▪ Preparing Today’s Students for Tomorrow’s Tennessee
 at local colleges and universities and provide create a pilot competency-based machine operator
 scholarship/grants for select participants apprenticeship LINK
 ▪ Use of smart technologies (such as machine operated
 • Lessons learned from the pilot is being used to develop
 Segment competency data analytics, one-stop online learning
 an apprenticeship curriculum that aligns with existing
 Agnostic platforms, etc.); and, increased promotion across high school STEM programs of study in advanced
 schools, college system, and industry partners manufacturing, computer science, and health care

 Local colleges and universities must institutionalize agility
 in matching offerings to needs of priority segments
 ▪ Suggested areas for program offerings by universities
 long-term view: 1) Programming, Data Analytics,
 Database and Large Data Process; 2) AI; 3) Cyber
 ▪ Based on feedback from company interviews
 Security; 4) Automation, Robotics; 5) Biopharma Quality
 Tailoring Local Assurance and Regulatory Affairs
 College, MTC and ▪ Indiana Cybersecurity Programs: 30+ colleges and
 University ▪ Suggested that the PhD programs at local colleges and Talent universities with cybersecurity/information security
 Program universities adopt industry standard research and
 degrees, certificates programs, or course work; 72 schools
 Offerings development approach that leverages the Agile
 in Indiana producing graduates with competencies related
 Methodology in designing, prototyping and testing
 to becoming a Cyber Security Analyst
 ▪ UofSC OEE to grow and create a University Wide
 capstone class database with descriptions for
Copyright © 2020 Deloitte Development LLC. All rights reserved.connecting industry stakeholders with agile student Columbia Cluster Development Strategy Capability Development
 Packet Pg.2123
 project teams in relevant focus areas, which will lead to
 internships and potential employment
 1.a

Workforce, Education and Training (2/7)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted

 Midlands Tech can enhance its connectivity and
 responsiveness to the critical skill needs of enterprises in
 priority segments through working with industry
 ▪ Georgia QuickStart collaborates with companies to
 sponsors. MTC should develop an updated collection of
 analyze needs, design a training plan, develop modules and
 intermediate-level certification training programs that are
 materials, implement training and evaluate effectiveness for
 tailored to the needs of employers in target segments
 continuous improvement. As part of the training program,
 for prospective and existing employees:
 Certificate QuickStart also offers soft skills and culture trainings for
 • In-demand coding/programming (Software & IT, company employees
 Programs and Talent
 Healthcare IT, and Financial Services)
 Episodic Trainings ▪ North Carolina’s Biomanufacturing Training and
 • Network Security and Cybersecurity
 Education Center (BTEC), was established to attract and
 • Med Device Quality Assurance and Regulatory Affairs expand biomanufacturing in NC by providing educational
 • Biotech Lab Technician and relevant certifications and training opportunities to develop skilled professionals
 • CAD/CNC, High-Temperature Welding (Aerospace) for the biomanufacturing industry
 • IBM Skills Academy, Siemens Advanced Software,
 CATIA, etc.
 ▪ Tampa’s HillBorough Community College: Multiple
 Segment transfer paths from two-year to four-year programs.
 Agnostic 2-year College to • Expand the current offering of programs and courses Comprehensive offerings across IT disciplines (especially
 4-year University to include Software & IT, and Business Data cyber) in Certification and Associate Degrees. A
 Transfer Analytics and include them in the current transfer commitment to Guided Pathways programs that provides a
 Talent clear path from the educational programs to careers
 Programs in IT program (e.g. transferrable to Computer Science and
 and Business Engineering major and business school at a 4-year ▪ Austin Community College: Offers Bachelor of Applied
 Data Analytics university) Science in Software Development, Computer Information
 Technology Program, and transferrable 2-year programs in
 Computer Science, Computer Information System

 Columbia should establish a metro area Military
 Employment Partnership that would serve as primary
 conduit connecting military workforce supply from ▪ The Military Family Friendly Employment Partnership
 Transitioning within and outside the region with private sector has been active in Snohomish county near Seattle, WA
 Military talent demand in the metro and equip them to transition since September 2007. The partnership addresses issues
 into the private workforce Talent
 Employment both on the supply side, helping military family members
 Partnership ▪ Support both the supply side, helping military families find employment, and on the demand side, helping local
 (including partners) to find employment opportunities, employers tap into a well-qualified workforce pool
 and the demand side, helping local employers tap into
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 well-qualified workforce Packet Pg.2224
 1.a

Workforce, Education and Training (3/7)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted

 ReadySC along with being a Southeast leader in recruiting, ▪ Virginia Talent Accelerator is a turnkey solution for
 assessment, training development, management, and customized recruitment, screening, and training
 implementation services, should also look to invest in:
 • Virginia Jobs Investment Program offers
 consultative services and funding to companies that
 ▪ Conduct Workforce Performance Analysis: Work
 create new jobs or experiencing technological change
 with companies to understand the training programs,
 skills required, gaps to resolve, etc. ▪ Georgia QuickStart conducts customized assessment to
 evaluate candidates and has trained more than a million
 ▪ Improve quality of life for employees with effective workers, through programs tailored to the needs of the
 collaboration between companies and workforce regional employer
 partners to remove roadblocks to getting people to
 ▪ Louisiana LED FastStart: Offers no-cost, customized
 work, including transportation issues and childcare issue
 Connecting employee recruitment, screening, training development,
 Talent, Operating
 Employers with and training delivery. The program employs expertise from
 ▪ Use Smart Technology (AI, Robotics, Data Analytics, Environment
 Qualified Workers wide range of businesses
 etc.) to strengthen job postings and identification of
 right candidates ▪ Alabama AIDT: Job-specific services for pre-employment
 and on-the-job training along with recruitment, assessment
 Segment ▪ Manage Database of Candidates’ Resumes and and training services, and offers training facilities
 Agnostic Skillsets, and use technology to identify the gaps in the ▪ Tennessee Workforce360° is a systematic partnership
 skills to be filled
 among state agencies and the higher education system, a
 project-based system targeting workforce gaps
 ▪ Work with UofSC OEE to grow and create a
 University Wide capstone class database with ▪ NCWorks has a range of free services and programs for
 descriptions for connecting industry stakeholders with expanding businesses – including recruiting services, job
 agile student project teams in relevant focus areas, training assistance, apprenticeship programs, and special
 which will lead to internships and potential employment services related to the agricultural workforce LINK



 • SC should consider expanding SC WINS scholarships
 University and to train additional workers in the prioritized segments, ▪ The HOPE program in Georgia that grants students with
 Talent, Operating
 MTC Scholarships such as Software and IT, and a similar scholarship for financial assistance in degree, diploma, and certificate
 Environment
 and Grants Apprenticeship Programs that targeted at program at universities or technical colleges in GA
 Software, IT, Cybersecurity at four-year institutions



Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2325
 1.a

Workforce, Education and Training (4/7)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted
 ▪ Detroit: Phillips does hackathons through the Black Girls
 Code program, which gives African-American girls a three-
 day crash course in app development. But other
 The City of Columbia should create a Coding Bootcamp and programs provide curriculums spread out over the course of
 host regular Hackathons. Through these intensive training a summer or several weeks during the school year
 Segment Coding Bootcamp Talent, Operating
 programs, students can get practical knowledge they need
 Agnostic and Hackathons Environment ▪ Mississippi Coding Academies provide a no-cost 11-
 to land a role in software engineering, web development, or
 mobile development. month training program that transforms young adults into
 full-stack coders and software professionals. Three centers
 across the state are run by their Dev. Authority, Commerce,
 State Univ. and Industry Contribution Fund

 Build close collaboration between ED offices and local
 colleges and universities (through Office of Industry
 Partnerships) in the following areas:
 1) ED offices provide industry connections and help identify
 Enhance ED talent for key leadership roles with business implications ▪ NC State has a dedicated Office of Partnerships and
 Collaboration at colleges and universities Economic Development that has 8 full-time employees. It
 Talent
 with Colleges and helps organizations save time and money by providing
 Universities 2) Connect companies with researchers/faculty at local expert assistance and strategic connections
 colleges and universities
 Biotechnology 3) Faculty and researchers showcase research capabilities
 to potential companies looking to locate and expand in
 Columbia

 ▪ Work with Midlands Tech College and 4-year universities ▪ NC BioWork certificate program offers a 136-hour course
 Certificate
 in developing a certificate program for Quality Assurance that teaches the foundational skills needed to begin a
 Programs for
 and Regulatory Affairs, biological technicians, process Talent career as a process technician for a biotechnology or
 Biological & Lab
 technicians, and lab technicians for a biotechnology, pharmaceutical companies. The program is targeted for
 Technicians
 pharmaceutical, or chemical manufacturing companies high school students or young professionals




Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2426
 1.a

Workforce, Education and Training (5/7)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted
 ▪ Leveraging the UofSC Biotechnology program (existing 4
 Introduction
 courses and faculties in this field), develop an
 Course in Gene ▪ University of Massachusetts Lowell offers a course in
 Biotechnology introduction course in gene therapy that introduces the Talent
 Therapy Viral Vector for Gene Therapy – Manufacturing course - link
 most common application of gene therapy, regulatory
 Manufacturing
 environment, challenges and manufacturing process
 ▪ Working with colleges and universities and high schools
 in Columbia area to cultivate students’ interest in ▪ The Annual Georgia BioGENEius Competition recognizes
 Medical Device sector through: outstanding high school science students in the region,
 MedTech advancing winners to compete in the National and
 Medical Competition and ▪ Hosting annual MedTech Innovation Competition, International BioGENEius Challenges
 Talent
 Devices Immersion tailored to pandemic solutions as an example; 2)
 Programs Summer Immersion Programs where freshman and ▪ Georgia BioEd Program offers Summer Bio Immersion to
 sophomore college students and high school seniors can high school and technical school students and provides
 have job shadowing experiences at the local Medical them with hands-on training in biotechnology
 Device companies
 Update the training programs at Workforce Training
 Centers and Technical Colleges. Examples:

 1) Develop a dual-credit CAD/CNC program with one or ▪ Minnesota State Advanced Manufacturing Center of
 more of the high schools Excellence meets manufacturers’ need for a qualified work
 force by providing a core curriculum through 360 eTECH.
 Aerospace
 2) Incorporate laser beam welding training at Midland Developed by our faculty, 360 eTECH curriculum offers
 Workforce
 Tech, technical high schools or ReadySC programs Talent students the chance to upskill and develop the technical
 Training
 skills needed to build a manufacturing career
 Programs
 Aerospace 3) Aerospace parts supplier manufacturing composite
 related skill training (leveraging McNair Center’s ▪ Huntsville, AL has a high-temperature welding program for
 research focus on composites) aerospace suppliers

 4) Additive (advanced) manufacturing, especially in
 powered-bed laser printing systems

 Update the curriculum of the Aerospace Engineering at
 Long-term
 colleges and universities to include aircraft structure
 University Talent ▪ Based on feedback from stakeholder interviews
 design, advanced manufacturing, and offer hands-on
 Program Offering
 experiences at the McNair Center and partnering companies
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2527
 1.a

Workforce, Education and Training (6/7)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted
 ▪ For their 2010-2020 Workforce Development Plan, the
 ▪ Columbia should build a comprehensive training California Workforce Development Board matched the
 programs in partnership with industry, to develop upper skills and knowledge requirement for Middle-Skill, Middle-
 and middle management trainings. Examples include: Wage or Higher Occupations to develop prioritized
 Management programs at their technical colleges and university (LINK,
 Financial Workshops and ▪ Skills Training: Management of Personnel, Page 301)
 Talent
 Services Soft Skills Operation Monitoring, Quality Control Analysis, Soft
 Trainings Skills, etc. ▪ Heard on interview with a HealthTech company:

 ▪ Knowledge Training: Administration and “Finding junior to senior level coders and developers has been
 Management, Telecommunications, Design, etc. a challenge, along with shortfall on clinicians. There is also a
 lack of HQ upper and mid-level management talent”
 ▪ Indiana Cybersecurity University Programs: 30+
 colleges and universities with cybersecurity/information
 ▪ Local colleges, universities and Midlands Tech should security degrees, certificates programs, or course work; 72
 Long-term
 consider increasing focus on programs on Cybersecurity, schools in Indiana producing graduates with competencies
 Software & University and
 Information Security, Data Analytics, IoT, AI, and Talent related to becoming a Cyber Security Analyst
 IT MTC Program
 advanced manufacturing data analytics, as well as
 Offering
 offering courses in development students’ soft skills ▪ Austin Community College offers Bachelor of Applied
 Sciences in Software Development, Computer Science and
 Computer Information System transfer programs

 Research grants dedicated to areas where the industry ▪ Purdue Research Park gives $49 million in federal
 Software & University
 cluster needs talent. Having local colleges and universities Talent research and development grants for small businesses
 IT Research Grants
 involved would improve participation and collaboration brought to Indiana since 1987 LINK
 ▪ With new areas of HIT becoming popular globally
 leveraging technologies, such as Telehealth, IoMT
 (Internet of Medical Things), 5G, etc.
 ▪ Some of the programs we need to align against:
 ▪ Columbia should establish strong connections between
 Target Training
 enterprises and UofSC programs
 and Workforce A. Columbus State Community College’s health
 Healthcare Talent, Operating
 Programs in • Pharm.D./M.H.I.T. dual degree in medical informatics information management program
 IT Environment
 Future Health (in partnership with UofSC College of Pharmacy)
 Technology B. Ohio State University’s data analytics and biomedical
 • Division of Biostatistics in the Dept. of Epidemiology
 informatics programs
 and Biostatistics at Arnold School of Public Health
 • Prioritizing “Big Data and Bioinfomatics” as one of its
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2628
 primary research areas for UofSC’s College of Nursing
 1.a

Workforce, Education and Training (7/7)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted
 ▪ Expand on UofSC’s Health Information Technology
 robust faculty work with industry on applied research
 projects, similar to the way they work with HP (Value
 added components of EHR equipment), Microsoft ▪ Utah Science Technology and Research Initiative
 (piloting Microsoft tablet applications with doctors), Intel (USTAR), the technology-based EDA of Utah – provides the
 (Testing wireless router technology in a healthcare University Technology Acceleration Grant (UTAG)
 setting)
 • The program is designed to advance the maturity of
 ▪ Seek additional grant and funding for applied
 technology that has been developed in the university lab
 research projects – supporting and collaborating with
 to catalyze it toward commercialization
 start-ups/mid-size companies
  Segment Customized
 • NOTE: HIT faculty received ‘The Fraunhofer USA’ ▪ Mohawk College (Ontario, CA) IDEAWORKS Innovation
  Agnostic/ Applied Research Talent, Operating
 grant, funded through the SC Department of Center “fills the space between research and solutions by
  Healthcare Solution for/with Environment
 Commerce, to work on telehealth applications delivering customized support to organizations” LINK
  IT Industry
 customized to prison systems
 • Faculty, staff and students collaborate with industry
 ▪ Leveraging existing the Innovation Center for
 partners to complete real-world projects, which are
 faculty, students, industry partners, ED parties, third
 often funded by provincial and federal agencies
 parties, etc. targeted in Applied Research projects
 delivering customized support to organizations
 • Areas of their focus include, eHealth/mHealth, Medical
 ▪ UofSC’s OEE should be resourced to maximize their Technologies, Additive Manufacturing, Augmented & VR,
 ability to have a more significant and proactive role in Big Data, Cybersecurity, among others
 recruiting industrial partners for applied research
 projects, and continue providing assistance in negotiating
 contracts and agreements
 ▪ Columbia should consider adopting a Workforce attraction
 and retention program by which to incentivize workers
 possessing a particular skillset or credential to locate in
 the Columbia region and apply that skillset or credential
 Workforce to their career in Columbia; such incentives might include
  Segment Attraction and extra tax credits, student loan forgiveness, or other ▪ Summary of various types of programs being employed
 Talent
  Agnostic Retention forms of support across the US provided as a separate reference
 Program
 ▪ Suggest that the state offers incentives in the form of
 extra tax credit or student loan forgiveness to
 college and university graduates who remain in South
 Carolina to work in IT or Life Sciences industries
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2729
 1.a

Supplement: Workforce Attraction and Retention Measures Overview




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Strategic Considerations
 Program Sponsorship Career Periods Addressed
 State Local
 Sponsored Sponsored
 Pre-Grad Post-Grad Mid-Career
 University Corporate
 Sponsored Sponsored



 Broad Range of specific Program Types
 Infrastructure (e.g. High-Speed Community Enhancement / QoL
 Apprenticeship Student Loan Reimbursement
 Internet) Enhancement
 Guidance / Mentoring / Informational
 Job Promotion / Posting / Fairs Co-Op Programs / Internship Programs Network Development
 Resources
 College / University Outreach Worker Recognition Career Transition Support Business Investment Promotion
 Education Grants / Subsidies Attrition Prevention Family Outreach Start-Up Incubation / Capital Raising Support
 International Talent / Immigration Business Promotion Family Financial Support Talent Allocation Solutions (e.g. Sharing)
 Home-Buying / Home-Building
 Relocation Subsidies Training Subsidies Target Group Applicant Promotion / Support
 Assistance
 Community Marketing / Promotion Termination / Layoff Prevention


 Targeting Programs to Maximize Impact
 Existing Presence Program Outcomes Program Sustainability Program Competitiveness
 Does such a program have a
 Would the program be
 Is such a program already well- proven track-record, and is it Can the program be sustained long
 compelling to the target
 represented within the region? targeted toward the community’s enough to build momentum?
 workforce segments?
 talent needs?
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2830
 1.a

Supplement: Workforce Attraction and Retention Targeted to Local Priorities




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Based on initial perspectives on Columbia’s talent attraction and retention objectives and priorities, and also
on high-level trends observed across geographies, several types of programs emerge as potentially offering
value to Columbia

 Education Student Family
 Family Financial
 Grants / Loan Financial
 Support
 Subsidies Support Support

 Programs targeting students Programs that will reimburse a Programs that offer incentives
 before they enter college with portion of student loans for that are targeted towards
 the goal of promoting local graduates depending on certain workers’ families (e.g. child
 education, apprenticeship, and location / employment care, college savings, etc.)
 employment resources decisions


 Home-Buying
 Home-Buying / Home/
 Relocation
 Home-Building
 Building Assistance
 Subsidies
 Assistance

 Initiatives providing financial Programs that will utilize
 support to people that meet financial support in the
 specific skills requirements if purchase of a home to
 they move to a certain incentivize talent attraction or
 community retention

Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.2931
 1.a




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Incentives Pillar




Copyright © 2020 Deloitte Development LLC. All rights reserved.
 Packet Pg.3032
 1.a

South Carolina Business Taxes Overview
 SOUTH CAROLINA IN COMPARISON TO THE U.S. SOUTH CAROLINA HAS A COMPETITIVE STATE TAX SYSTEM BUT SHOULD IMPROVE PROPERTY TAX




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 AND SOUTHEAST STATES POLICIES TO BE MORE BUSINESS FRIENDLY 1

 Business
 Current Condition in South Carolina Observation
 Tax

 ▪ SC has a low tax rate compared to an
 ▪ Corporations are subject to a 5% corporate
 average of around 6.5% nationwide
 Corporate income tax on net taxable income
 Income ▪ Adoption of single sales factor
 ▪ Offers single-factor sales formula for apportioning
 Tax apportionment and a strong tax credits
 income, which is advantageous for companies
 ecosystem, have substantially improved
 with a majority of sales occurring outside of SC
 SC’s competitive position

 ▪ The annual license fee is imposed at the rate of
 ▪ SC is one of only 14 states that will still
 Franchise $15 plus $1 for each $1,000 (or fraction thereof)
 have this ‘tax/fee’ in place – once New
 Tax of capital stock and paid-in capital surplus of the
 York and Mississippi finish phasing it out
 corporation


 ▪ TN and FL have no income tax on wages
 Individual ▪ NC has an income tax rate of 5.25% and
 ▪ South Carolina has a marginal income tax rate of
 Income an effective income tax rate of 4.23%1;
Tax Foundation 2020 State Business Tax Climate Index Ranking, LINK 7% and an effective tax rate of 2.99%1
 Tax GA has an income tax rate of 5.75% and
 Year SC AL GA KY NC TN
 an effective income tax rate of 4.62%1

 Overall Rank 2020 30 40 32 24 15 18
 ▪ 6% on gross receipts from retail sales or leases of
 2014 27 39 30 35 34 13 ▪ SC’s sales tax rates are higher compared
 tangible personal property. Some counties assess
 to neighboring states (NC has a 4.75%
 Corporate 2020 4 23 6 17 3 24 Sales and an additional 1- 2.5% local option sales tax
 and Kentucky has a 5% sales tax)
  Income Tax Use Tax
 2014 12 24 9 25 27 14
 • The state provides a number of sales tax
 Rank ▪ While exemptions do exist, non-
 exemption on manufacturing equipment,
 Individual manufacturers often do not qualify
 2020 34 30 36 18 16 8 property, R&D, etc.
  Income Tax
 Rank 2014 30 25 35 34 38 8
 ▪ At the state level, SC has one of the highest
 property tax burdens on businesses in the ▪ Richland County has the third highest
 Sales Tax 2020 31 50 29 14 21 47
 Southeast, and its rank has fallen over past 5 average property tax rate in South
 Rank 2014 32 50 29 11 26 47 Carolina, as its effective rate stands at
 years
 Property 0.79%
 2020 30 15 28 36 34 31 • For manufacturers, real and personal property
 Property Tax Tax
 are both assessed at 10.5% ▪ This comprises an important challenge to
 Rank 2014 20 13 30 34 29 38 • The assessment ratio for all other businesses address in terms of overall tax
 is 6% for real property and 10.5% for competitiveness
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 personal property Packet Pg.3133
 High/Increasing Rank Low/Decreasing Rank
 1 Source: Smartasset.com
 1.a

Overview of Statutory Incentives Offered by SC vs. Competing States
 SC NC GA TN OH FL MD




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
  Relevant Tax Credit
 Job Tax Credit ✔ ✔1 ✔ ✔ ✔ ✔ ✔
 5
 Investment Tax Credit ✔ ✔ ✔ ✔

 Corporate HQ Tax Credit ✔ ✔ ✔ ✔

 Research and Development Tax Credit ✔ ✔ ✔ ✔ ✔ ✔

 Tax Credit for Mega Projects ✔ ✔4 ✔

 Investor Tax Credit ✔ ✔

  Relevant Exemptions

 Property or Personal Property Tax Exemptions

 Sales and Use Tax Exemption ✔1 ✔ ✔ ✔3 ✔ ✔

 Inventory Tax Exemption ✔ ✔ ✔

  Business Environment

 Single Sales Factor Apportionment ✔ ✔ ✔

 Foreign Trade Zone / Enterprise Zone Incentives ✔ ✔ ✔ ✔ ✔
 0y for State, 5y
 NOL Carry Forward Period 20y* Carryback only Indefinitely 15y
 for municipal
 Indefinitely Carryback only

  Grants and Loans

 Discretionary or ED Grant ✔ ✔1 ✔2 ✔ ✔

 Entrepreneur and Small Business Loan / Financing ✔

 Financing Incentives for Military Personnel and Veterans ✔ ✔

  Industry Specific

 Life Sciences specific incentives ✔ ✔ ✔ ✔ ✔ ✔

 Aerospace Industry specific incentives ✔ ✔

 Cybersecurity or IT specific incentives ✔ ✔ ✔ ✔ ✔

 Advanced Manufacturing specific incentives ✔
Copyright © 2020 Deloitte Development LLC. of
 All the
 rights reserved. Columbia Cluster Development Strategy Capability Development
* Corporations must add back the amount federal  NOL deduction to their state income in SC. Packet Pg.3234
1) NC: Job Tax Credit refers to Job Development Investment Grant; no sales and use tax in manufacturing, fulfillment facilities, data centers; discretionary grant refers to One North Carolina Fund; 2) Fast Track ED Fund; 3) Ohio allows partial or full sales
tax exemption for data center equipment; 4) High Impact Performance Incentive; 5) MD does not have direct Investment Tax Credit, but MD offers RISE Zone incentives that are tied to investment
 1.a

Incentives Recommendations (1/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted
 ▪ Broaden the definition of qualified businesses in ways that
 would maximize coverage of various types of
 companies/activities in prioritized segments and leave
 more discretion to the local authorities in applying the
 definition of a qualified business to an investing company
 (e.g., 3M does not fit into any specific NAICS code) ▪ Economic Development best practice used in a targeted
 Broaden
 fashion
 Definitions of ▪ Broaden the definition of FTE (e.g. full time equivalent) to Operating
 Concepts in the incentivize companies that incur outsourced labor Environment
 ▪ Virginia has broadened the definitions of key concepts in its
 Incentive Policy expenses or, in the pandemic context, employees who
 incentive policies
 may work remotely from a different geography in the
 state
 ▪ Broaden definition of "development“ as part of Research
 and Development incentives - can be applied to Life
 Sciences, IT and Software R&D, InsurTech, and FinTech
 South Carolina should reduce or phase out the License Fee
 Reduce Franchise Operating ▪ New York and Mississippi are both well into the process of
 (often also referred to as Franchise Tax) as it impacts
 Tax Environment phasing out their Franchise Taxes
 majority of businesses in SC
 Segment
 Enable companies to more effectively monetize awarded Tax
 Agnostic Many states allow Corporate Income Tax Credits of various
 Credit incentives, particularly in light of the fact that SC has
 adopted Single Sales Factor Apportionment: kinds to be refundable or transferred (bought and sold) between
 companies:
 a) Make tax credit refundable
 Revise Tax Credit ▪ Capital Investment-driven tax credits: Florida, Missouri,
 b) Lengthen credit carry-forward periods for all tax credit Operating Idaho, and New Jersey
 Incentive
 programs to 20 years Environment
 Programs ▪ Job creation-driven tax credits: Florida, Arkansas,
 c) Allow transferability of tax credits and create a market on Missouri, New Jersey, and New Mexico
 which tax credits can be bought and sold
 ▪ R&D-driven tax credits: Arkansas, Pennsylvania, New
 d) Applies to SC’s Investment Tax Credit, Corporate HQ Jersey, and North Dakota
 Credit, and R&D Tax Credit programs
 ▪ State of Florida (includes Jacksonville and Tampa) provides
 High-Impact Performance Incentive and Capital
 ▪ The city or state could enhance or supplement the current Investment Tax Credit for ‘high impact’ portions of key
 Incentivize High- Job Tax Credit by adding a performance condition to Operating sectors (including Financial Services)
 paying Jobs reward the number of high-paying jobs created in order to Environment
 incentivize high-quality job creation ▪ Utah’s Industrial Assistant Fund gives grant to companies
 that create high-paying jobs – at least 110% of county
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 average Packet Pg.3335
 1.a

Incentives Recommendations (2/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted

 South Carolina could expand the allowable uses of Tax
 Increment Financing (TIF districts) to include development
 activities beyond community redevelopment, specifically
 Broaden the
 allowing TIF to be utilized for development of commercial
 allowable ▪ Wisconsin is an example of a peer community state where
 and industrial areas to which enterprise investments in Operating
 applications of TIF is used very effectively to stimulate industrial
 priority segment activities would be guided Environment
 Tax Increment development of designated geographies
 Financing (TIF)
 ▪ Columbia could strategically position TIF districts in
 locations where economic development is encouraged
 for new enterprise investments

 To incentivize companies to locate or expand in Columbia,
 the city can offer local product purchase reimbursement
 and sales tax rebates:
 Local Product
 Operating ▪ Dothan, AL city has provided reimbursement for locally
 Purchase
 ▪ Companies can present receipts for purchases that have Environment purchased goods to companies
 Reimbursement
 been made locally for reimbursed
 Segment
 Agnostic ▪ Funding source: incremental sales tax

 ▪ The NC Biotechnology Center ED Award grants are
 made in amounts of up to $100K per project based on
 ▪ Economic Development Award providing performance-
 project job-creation estimates
 Grants and based grants linked to job creation for researchers and
 Operating
 Awards for scientists, and retention milestones for companies that
 Environment ▪ The Technology Management Council of Jacksonville
 Research engage in Research & Development activities in
 promotes multiple incentive, grants and programs for
 Columbia
 growth of medical technology professionals and new health
 & wellness technology development
 ▪ Maryland has Hire Our Veterans Tax Credit that offers tax
 ▪ Provides a State income tax credit to small businesses credit to businesses that hire qualified veterans
 Hire Ex-Military for hiring qualified veterans based on wages paid to Talent
 Talent Tax Credit those veteran employees ▪ Florida offers grants to helps businesses meet workforce
 and Training Operating demands in a competitive environment by facilitating
 Grants ▪ Offers matching grants to businesses seeking to train Environment access to training and education in high-demand fields for
 and hire military veterans veterans through matching training grants up to $8,000 per
 veteran employee trained.
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.3436
 1.a

Incentives Recommendations (3/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted
 ▪ Maryland: More Jobs for Marylanders Incentive Program
 provide refundable tax credits for job creation, equipment
 ▪ Suggest that the city set aside a discretionary grant to investment for new and existing businesses in Maryland
 Discretionary incentivize companies to bring new technologies, Operating
 Grants create high-paying jobs, and make capital Environment ▪ North Carolina: One North Carolina Fund is a discretionary
 investment in the prioritized segments cash-grant program that awards businesses based on
 number of jobs created, investment level, project location
 and economic impact of the project
 ▪ Raleigh is one of four Foreign Trade Zones (FTZ) in North
 Carolina offering several economic advantages for
 Operating companies with HQs involved in international trade
 Attracting companies that do businesses globally through Environment,
 Promote Foreign
 FTZs – providing tax benefits related to management of raw ▪ Georgia is home to multiple FTZ sites. Importing and
 Trade Zone Status
 materials and finished products Regulatory exporting are central to many businesses’ success. The FTZ
 Environment program allows qualified companies to defer, decrease, or
 Segment eliminate duties on materials imported from overseas that
 Agnostic are used in products assembled in Georgia.

 City/State purchases equipment and leases the equipment
 to companies at a low rate:
 RE &
 Low-rate 1) Incentivize companies invest in talent and explore the Infrastructure,
 ▪ Georgia and North Carolina offer low-rate equipment
 Equipment frontier of technologies
 leasing to qualified businesses
 Leasing Operating
 2) Direct control and access to equipment for educational
 Environment
 purpose. The company-owned equipment could be
 sensitive trade information
 ▪ Florida incentivized Scripps Research to train local talent
 For new entrants to the market or significant expansion pool by putting the trainees on the state’s payroll until they
 Paid Training projects, the area can consider incentivizing companies to are trained and hired by Scripps even though not obligated
 Period for New train the local labor force by sponsoring compensation for Talent to hire the trainees
 Recruits the local labor for the training period. Companies are not
 obligated to hire these “trainees” ▪ Georgia’s QuickStart Program also trains local talent and
 provide employment opportunities



Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.3537
 1.a

Incentives Recommendations (4/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted

 Software & IT Operating ▪ Massachusetts exempts all personal property taxes for
 Biotechnology, Lower personal Environment properties used in manufacturing
 ▪ If SC cannot remove the personal property tax, SC
 Medical property tax
 should consider an accelerated depreciation schedule.
 Devices, burden Regulatory ▪ Minnesota exempts property taxes for all personal
 Aerospace Environment properties. Only real properties are taxable


 Operating
 Biotechnology, Delay Property
 ▪ Life Science manufacturing facilities should not be put Environment ▪ Georgia, North Carolina and Rhode Island offer to
 Taxation for Life
 Medical on property tax rolls until licensure due to the lengthy initiate property tax for life sciences companies after
 Sciences
 Devices regulatory approval process Regulatory licensure
 Companies
 Environment


 ▪ Designation as a Indiana Certified Tech Park company
 allows for the local recapture of certain state and local tax
 Financial revenue which can be invested in the park’s development
 Services, ▪ Special Economic Zone (Tech Park or Hub) with
 companies designated as Certified Tech Park tenants
 ▪ NY’s START-UP program allows universities to designate
 Biotechnology, Tax benefits for eligible for state and local tax breaks (including property Operating
 space (building/land) for new and expanding businesses
 companies that tax breaks) Environment,
 locate in targeted Regulatory
 Medical • Companies that locate in a START-UP area receive tax
 zones ▪ South Carolina can evaluate granting incentives, ranging Environment
 Devices, benefits, including income tax abatements for employees
 from tax relief to financing assistance, to companies that
 locate in targeted zones LINK
 Aerospace
 ▪ Virginia’s Defense Production Zone: Eligible companies
 receive real property abatements as well as abatement of
 business, professional, and occupational license taxes




Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.3638
 1.a

Incentives Recommendations (5/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Capability Relevant CLF
 Segment Description Columbia or Peer Community Implementations
 Development Impacted

 ▪ Extend the net operating loss carry-forward period from Operating
 NOL Carry- 20 years to 25 years specifically for newly Environment
 Forward Period commercialized pharma companies to fully realize the ▪ Deloitte Experience
 Extension benefit as it is customary to have net operating for Regulatory
 decades Environment


 Operating
 Personal Property ▪ Massachusetts exempts all personal property taxes for Life
 Biotechnology, ▪ It is recommended that the state and city increase the Environment
 Tax Exemptions Sciences businesses
 personal property tax exemption on manufacturing and
 on Biotech
 Medical Device R&D equipment in biotechnology operations Regulatory
 Equipment ▪ Minnesota does not tax personal property
 Environment


 Operating
 ▪ For Life Science manufacturing companies, the trigger
 Environment
 Property Taxation for property taxation can be FDA approval of the
 ▪ Deloitte Experience
 Trigger Event production operation rather than the full completion of
 Regulatory
 a facility due to the often lengthy approval process
 Environment




Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.3739
 1.a




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Economic Development Pillar




Copyright © 2020 Deloitte Development LLC. All rights reserved.
 Packet Pg.3840
 1.a

Columbia Action Plan Economic Development Framework




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 ▪ Columbia-resident and Out-of-State Talent
 ▪ Identify brand
 ambassadors that focus ▪ Entrepreneurs and Start-Ups
 on advancing and
 ▪ Researchers & Developers
 promoting specific
 elements of the ▪ Companies and Industry Partners
 community’s brand ▪ Site Selectors
 Identify the
 identity (could be a locally Audience
 based institution, tech
 hub, executive, company,
 industry, academia Data
 Ambassadors
 program, etc.) Analytics

 ▪ Coordinate Social Media ▪ Website visits and content
 campaigns of Economic access tracking
 Ambassadors Dev. ▪ Analysis of local economic
 Framework activity, trends and
 ▪ Tight-knit collaboration of all participating forecasts
 Offering and
 organizations across jurisdictions and capability Community and
 Collaboration
 Value ▪ Tracking and analysis of
 areas, with strong coordination Proposition announcements
 Build Branding
 and
 Communication
 Channel
 Strategy ▪ Target industries and relevant
 supporting assets, capabilities
 ▪ Establishing a recognizable
 identity and “brand” for the
 ▪ Develop a cohesive external-facing image community (business and
 ▪ Strategically engage professional character of life)
 marketing consultants ▪ Investments made proactively
 ▪ Print and Digital Media strategy in support of target clusters
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 ▪ Tradeshow, Conferences and Symposiums Packet Pg.3941
 1.a

Economic Development Recommendations (1/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Framework Capability
 Segment Description Columbia or Peer Community Implementations
 Element Development

 Increasingly engage Experience Columbia in elements of
 brand-building that are impactful to economic development
 initiatives
 ▪ Increase interface opportunities with Columbia’s
 economic development community, especially on
 topics such as industry conferences, business symposia,
 talent attraction to the region, etc.
 ▪ Increase traffic to Columbia through targeted
 Deepen ED business tourism by hosting conferences and ▪ This requires a change of image to showcase diversity and
 Offering and collaboration symposia focused on priority segments character of the city – prime examples are Atlanta, Austin,
 Value Proposition with Experience and Charleston. These cities have their own identities that
 SC ▪ Oversee the process of creating an enhanced new are distinct from anywhere else
 identity that reflects Columbia’s character of life and
 can be articulated in refreshed branding initiatives
 ▪ Design and plan for signature events that draw global
 attention to Columbia
 Segment
 Agnostic ▪ Exert sustained influence on ongoing revitalization
 of downtown and key areas of Columbia, upgrading
 of city infrastructure, and introduction of art and
 cultural element to the city
 ▪ Determine if there currently exists (or should be a new)
 national-level signature event to draw tourists to
 Columbia, combining elements in business, ▪ Austin’s South by Southwest Festival (since the 1980s)
 Develop a
 Offering and entrepreneurship and culture. The goal is to establish a brought national attention to Austin and changed the
 Signature
 Value Proposition new identity and brand for Columbia perception of Austin from a city in Texas to a hip, diverse
 National Event
 and techy city in the south
 ▪ Restarting the Three River Festival in Columbia
 (discontinued since mid-2000s) can be explored

 Communities are able to influence their image portrayed in
 Build Branding ▪ Initiate a public relations effort with the goal to relevant media by proactively shaping and publishing
 and Earned Media – establish and maintain a steady stream of positive storylines that articulate the community’s progress
 Communication Public Relations coverage in top-tier national trade, industry, site
 Channel Strategy selection news media ▪ Columbus, Ohio’s ED email and newsletter campaign is a
 strong example of successful proactive storytelling
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.4042
 1.a

Economic Development Recommendations (2/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Framework Capability
 Segment Description Columbia or Peer Community Implementations
 Element Development

 ▪ Host conferences to attract industry experts and build
 brand recognition in prioritized segments (Cybersecurity
 Build Branding Conference, Genomics Conference, Digital Health & ▪ NC Biotechnology: established more than 35 years ago,
 Targeted Informatics, etc.)
 and has hosted many conferences in Life Sciences on various
 Conferences and
 Communication ▪ Collaboration within A) Counties (provide/book topics ranging from “Medical, Biomedical & Biodefense” to
 Symposiums
 Channel Strategy convention centers), B) Experience SC (marketing “Global Health Leadership Forum”
 and planning) and, C) ED community (speakers,
 connections) required for future success
 Through an RFP process, select a marketing agency to
 develop an economic development marketing plan specific
 to Columbia to help attract businesses and residents to the Vermont ED Marketing Plan (2016-19) ideas LINK:
 city. The marketing plan should outline:
 ▪ Targeting national, trade and niche media outlets with
 Build Branding ▪ Tactics to reach growing businesses and entrepreneurs finely honed pitches about Vermont businesses
 Effective in the priority segments of focus
 and
 Marketing
 Communication ▪ Website providing a hub for content that inspires people ▪ Digital outreach campaigns to tout their quality of life, incl.
 Campaign
 Segment Channel Strategy to live, work and start or grow a business in Columbia great schools and outdoor recreation opportunities
 Agnostic
 ▪ Additional tools to consider: Digital Media Strategy, Paid ▪ Expanded partnerships with colleges and universities to
 Media Advertising, Virtual Tour, Trade Shows & Events, help connect employers and employees
 Higher Education Outreach and Alumni Marketing,
 Social Responsibility and Sustainability Policy, etc.

 Enhancing the insights that can be derived from Economic
 Development tools such as websites, marketing campaigns
 and ED conferences
 Enhanced content ▪ Enriching the depth and quality of content accessible on
 for core ED the city’s economic development website and through
 messaging and other channels of interaction (e.g., detailed information • Madison, Wisconsin’s ED website [Link] presents highly
 Data Analytics
 analytics on about announcements, segment-focused workforce valuable content with numerous layers of drill-down
 tool/platform stats and up-to-date real estate availability
 performance ▪ Consider voluntary registration for deeper-dive content
 as a way to know who is accessing Columbia’s ED
 website and what they are looking for (name,
 organization, email etc.)

Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.4143
 1.a

Economic Development Recommendations (3/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Framework Capability
 Segment Description Columbia or Peer Community Implementations
 Element Development

 ▪ Identify influential executives and entrepreneurs in
 the Columbia area and invite them to be informal
 ▪ Vermont had a digital ambassador campaign as part of its
 Digital Ambassadors for Columbia in sharing articles
 3-year marketing plan. The campaign uses business and
 or posts about the advantages such as business friendly
 community leaders, entrepreneurs, and other local
 Digital environment, high quality of life, and latest business-
 influencers to share business announcements, national
 Ambassador Ambassador related policy changes in Columbia and South Carolina
 media placements, and other information that reflects well
 Campaign that either impact or benefit the existing businesses and
 on Vermont as a great place to live, work, start and grow a
 prospective companies
 business and raise a family. The content has more
 credibility than if it came directly from the state.
 ▪ Existing assets: SCBIO has been actively publishing
 posts on LinkedIn
 ▪ Align the Economic Development Offices’ strategies in
 investment recruiting and retention with the research
 and innovation priorities of UofSC and other relevant
 local players in areas such as Gene Therapy, Cell and
 Enhance
 Tissue, and Regenerative Medicine
 collaboration
 Community and
 Segment among university, ▪ Based on interviews with various stakeholders
 Collaboration ▪ ED offices, UofSC, SCBio, and other relevant local
 Agnostic ED offices, and
 players (e.g., the Greenwood Genetics Center) must
 SCBIO
 work together to ensure the most relevant subject
 matter experts are involved in discussions with
 perspective investors (in areas such as FDA
 Navigation, Reimbursement Strategies, etc.)
 ▪ As a long term plan, Columbia can consider setting
 aside a budget to improve Columbia Metropolitan
 Airport infrastructure (e.g. runway expansion,
 aircraft maintenance stops) and attract more airlines to ▪ One of Atlanta’s advantage is in its air connectivity thanks
 land planes in Columbia or set up more direct or to being Delta’s HQ and major hub
 Community and indirect flights to or via Columbia
 Airline Hub
 Collaboration ▪ William B. Hartsfield, previous mayor of Atlanta in 1937,
 ▪ The benefit of increased air connectivity can potentially made improvement to the airport including an extensive
 establish Columbia as a transportation hub in the runway expansion and building a new control tower
 Southeast, which will attract more businesses to
 relocate and/or expand in the Columbia area, especially
 logistics and distribution-related businesses
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.4244
 1.a

Economic Development Recommendations (4/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Framework Capability
 Segment Description Columbia or Peer Community Implementations
 Element Development

 Build a Medical ▪ Leveraging a Medical Device crowdsourcing competition
 ▪ Salt Lake City’s investment plan includes building a
 Medical Offering and Device to attract small to medium size firms and entrepreneurs
 corridor from Research Park (early stage) to the Northwest
 Devices Value Proposition Technology to Columbia area meanwhile establishing an awareness
 Quadrant (manufacturing stage)
 Corridor and association of Medical Device with Columbia

 ▪ Increase the brand recognition, size and exposure of the
 annual SCBIO conference
 Build Branding ▪ Consider applying to host some of the world renowned ▪ NC Biotechnology: established more than 35 years ago,
 Life Science
 and conferences in Life Sciences such as “BIO World Congress has hosted many conferences in Life Sciences on various
 Conferences and
 Communication on Industrial Biotechnology and Ag Tech” topics ranging from “Medical, Biomedical & Biodefense” to
 Symposium
 Biotechnology Channel Strategy “Global Health Leadership Forum”
 ▪ Encourage SCBIO to add Columbia into its rotation of
 ,
 locations for the annual conference (increasing its
 Medical rotation from Greenville and Charleston)
 Devices
 ▪ The City and Counties should collaboratively invest in the
 Sponsor creation of new wet lab spaces inside or very nearby ▪ Interviews with Columbia region existing businesses and
 Offering and establishment of incubators, innovation centers, etc. from discussion during Economic Development Working
 Value Proposition wet lab and cold
 ▪ Additionally investment on increasing the number of Cold Group meetings
 storage spaces
 Storage Facilities and Logistics should be targeted

 ▪ Tampa is focusing on Shared Services Operations;
 Columbia on Call Center & BPO; Phoenix on services
 Focus on In-
 ▪ A collaborative effort across the ED Community should related to Insurance
 Financial House Captive
 look to increase their focus on prioritizing the In-House
 Services – Identify the Operations or
 Captive Operations or BPO providers, by marketing ▪ Arizona became the first state to create Regulatory
 Service Audience BPO Services in
 its low real estate cost/house value/cost of living and Sandbox Program (RSP) where companies can test
 Delivery FinTech and
 university talent pipeline innovative products and technology in market for up to 24
 InsurTech
 months without obtaining a license or other authorizations
 that might otherwise be required

 ▪ Target for global FS companies to start their second
 Targeting Small offices, or specialized tech offices (including shared
 Financial to Medium Size services, BPOs, Call Centers, R&D Offices)
 Identify the ▪ Deloitte experience – Columbia’s cost advantages offer an
 Services - Corporate ▪ Startups with offices in Columbia could be members of
 Audience especially attractive value proposition for such investments
 HQ Offices/R&D incubator/accelerator programs at USC and MTC; large
 Offices
Copyright © 2020 Deloitte Development LLC. All rights reserved. organizations can be incentivized with HQ tax breaks and Columbia Cluster Development Strategy Capability Development
 Packet Pg.4345
 applied research with relevant collaborators in the region
 1.a

Economic Development Recommendations (5/5)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Framework Capability
 Segment Description Columbia or Peer Community Implementations
 Element Development

 Areas of focus for service delivery in the Healthcare
 Information Technology, would include: ▪ Jacksonville Healthcare IT innovation companies focused in
 areas of photonics/optics and ‘modeling, simulation &
 ▪ Managed services for health informatics and training’, nanotechnology and material science
 storage/access of secured personal medical
 Focus on records on behalf of doctors/ physicians in the ▪ Indianapolis is focusing on “Digital Health”, prioritizing
 Healthcare Identify the Managed Tech Columbia and South Carolina region niche areas like mHealth, Wireless, Big Data, Wearables,
 IT Audience Services for Health IoT, etc. Targeted growth areas is on “Managing I.T.
 Healthcare ▪ Managed Services for the collection of public health Services for Healthcare”
 information for research
 ▪ Madison (WI) focusses on health management software,
 ▪ Platform for individuals to share their EHRs medical informatics, health insurance and medical data
 (adoption patterns at peer counties to be analyzed) and processing
 access/share information on cloud




Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.4446
 1.a




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Consolidated Economic Development
Action Plan




Copyright © 2020 Deloitte Development LLC. All rights reserved.
 Packet Pg.4547
 1.a

Initiative Prioritization Framework




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 High Impact


 “Transformational” “Quick Wins”

 Activities that may provide strong returns on
 Activities that provide long term returns but may be
 relatively lighter investments (a.k.a., the low-
 more complex to execute
 hanging fruit). They are valuable and fundamental to
 your success
 Plan For It / Begin Preparing
 Go For It

  High Effort Low Effort

 “Nice-to-haves” “Momentum Builders”

 These activities require consideration in order to Tasks that are relatively easy to complete but may
 clearly understand what specific outcomes are have a more limited impact on developing the
 desired before resources are dedicated desired knowledge-based cluster environment

 Ensure very clear objectives before investing Bandwidth-permitting
 resources


 Low Impact

 Effort: time and resources it takes to implement the initiative
 Impact: level of impact on developing the desired knowledge-based cluster environment
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.4648
 1.a

Innovation Initiatives Prioritization




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 High Impact
 Cybersecurity Customized Applied
 Research Solution
 Innovation
 for/with Industry Target Zone
 Ecosystem Scale Research
 Strengthen Columbia’s
 Commercialization
 Network of Enhance collaboration among
 sector/capability focused Accelerators industries and the university
 Incubators


 Technology Corridors

 Crowdsourcing Platform
 Develop Strategy on
 Next Gen
 Manufacturing
 Technology
 InsurTech Industry
 DOD/DOE Life Science
 Association
 Technology Conferences and
 Revitalization and
 Spillover Symposium
 Annual Innovation
 Summit
 Directory of Regional and
 Technology Statewide Startup &
 Collaboration Entrepreneurial Resources
 Center and
 coworking spaces
 in the public library
 System

 High Effort Low Effort
 Fiber Network
 Faculty Recruitment
 and Performance
 Evaluation




 Low Impact

 Effort: time and resources it takes to implement the initiative
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Impact: level of impact on developing a knowledge-based economy Packet Pg.4749
 1.a

Workforce Initiatives Prioritization




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 High Impact Tailoring University
 Program Offerings
 Certificate Programs and
 Tailoring University Episodic Trainings Target Zone Long-term University and
 Program Offerings MTC Program Offerings in
 Connecting Employers Software & IT
 Workforce Attraction with Qualified Workers Apprenticeship Program
 and Retention Program Enhance ED Long-term University
 Transitioning Collaboration with Program Offering in
 Military Colleges and Aerospace
 Employment Universities
 Customized Applied University and MTC
 Partnership
 Research Solution Program Offerings in
 Future Health Technology
 2-year College to 4-year
 University Research University Transfer
 Grants Introduction Course in
 Programs Gene Therapy
  High Effort Low Effort Manufacturing

 Management Workshops
 and Soft Skills Trainings
 University and MTC
 Scholarships and Grants
 Certificate Programs
 and Episodic Trainings
 Coding Bootcamp and
 Hackathons
 Aerospace Workforce
 Training Programs
 MedTech Competition and
 Immersion Programs
 Certificate Programs for
 Biological & Lab
 Technicians



 Low Impact

 Effort: time and resources it takes to implement the initiative
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Impact: level of impact on developing a knowledge-based economy Packet Pg.4850
 1.a

Incentives Initiatives Prioritization




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 High Impact

 Reduce Franchise Tax
 Revise Tax Credit Incentivize High- Target Zone Lower personal property
 Incentive Programs paying Jobs
 tax burden
 Lower personal property
 tax burden
 Delay Property Taxation
 Discretionary Grants for Life Sciences
 Hire Ex-Military Tax Credit Companies
 and Training Grants
 Personal Property Tax
 Broaden Definitions of Exemptions on Biotech
 Broaden the allowable Grants and Awards for Paid Training Period Concepts in the incentive Equipment
 applications of Tax Research for New Recruits policy
 Increment Financing (TIF) Property Taxation Trigger
 Promote Foreign Trade
 Event
 Zone Status
  High Effort Low Effort
 Low-rate Equipment NOL Carry-Forward Period
 Leasing Tax benefits for Extension
 companies that locate in
 targeted zones




 Local Product Purchase
 Reimbursement




 Low Impact

 Effort: time and resources it takes to implement the initiative
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Impact: level of impact on developing a knowledge-based economy Packet Pg.4951
 1.a

Economic Development Initiatives Prioritization




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 High Impact Effective Marketing
 Campaign
 Airline Hub Deepen ED collaboration Targeted
 with Experience SC Conferences and Target Zone
 Earned Media – Public
 Symposiums
 Relations
 Enhance collaboration
 Establishment of wet lab
 among university, ED
 and cold storage spaces
 offices, and SCBIO
 Digital Ambassador
 Develop a Signature Campaign
 Build a Medical Device National Event
 Effective Marketing
 Technology Corridor
 Campaign Digital Ambassador
 Campaign
 Enhanced content for
 core ED messaging and Earned Media – Public
 analytics on tool/platform Relations Life Science Conferences Targeted Conferences
 performance and Symposium and Symposiums
  High Effort Low Effort
 Focus on Managed
 Tech Services for Life Science Conferences
 Healthcare and Symposium
 Targeting Small to
 In-House Captive Medium Size
 Operations or BPO Corporate Offices/
 Services R&D Offices


 Columbia Tourism Board



 Develop a Signature
 National Event



 Low Impact

 Effort: time and resources it takes to implement the initiative
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Impact: level of impact on developing a knowledge-based economy Packet Pg.5052
 1.a

 Implementation Prioritization Methodology




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Implementation Prioritization Method

 • Priority is determined by impact and effort, ownership, existing assets etc.
 • Highest priorities are a blend of quick wins and major projects (impact
 carries more weight than effort)
 • Most initiatives are on-going activities and competencies to sustain and High
 refine over time Text Priority
 High Impact (Level 1)

 Text



 “Transformational” “Quick Wins” Medium Priority
 (Level 2)



High Effort Low Effort




 “Momentum
 “Nice-to-Haves” Lower Priority
 Builders”
 (Level 3)



 Low Impact
 Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.5153
 1.a

Implementation Stakeholders and the Critical Importance of Collaboration




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Local ED
 SC Chamber Offices
 of Commerce
 SC DOC

 Collaboration Imperative
 Execution of Columbia’s Economic Development
 I-77 SC Technical
 College Action Plan requires deep cross-organizational
 Alliance System engagement and collaboration between local,
 county, regional, and state stakeholders




 EngenuitySC Columbia ED
 Action Plan SCCC


 Key Collaborative Issues
 • Agreement on roles and responsibilities for
 Columbia stakeholders in both governance and
 SCBio
 CentralSC detailed execution

 • Identify project budget, partners, and
 organizational structure for implementation by
 pillar: Economic Development, Incentives,
 ReadySC USC Innovation and Workforce

 SCRA



Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.5254
 1.a

Capability Development Initiatives Responsibility and Timeline (1/4)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Q3 Q4 Q1 Q2 Q3 Q4 2022
  # Capability Development Initiative Pillar Provisional Responsible Parties 2020 2020 2021 2021 2021 2021 onwards

  1 Scale Research Commercialization Innovation UofSC OEE, SCRA, SCBIO ▲
 Strengthen Columbia’s Network of sector/capability focused Local and County ED Offices, UofSC, SCRA, Midlands
  2 Innovation ▲
 Incubators Tech
  3 Accelerator Program Innovation SCRA, UofSC, SCCC, Midlands Tech ▲
 SCCC, SCDOC, SCRA, OEE, McNair Institute for
  4 Customized Applied Research Solution for/with Industry Innovation ▲
 Entrepreneurism and Free Enterprise
 UofSC, Local and County ED Offices, Central SC
  5 Enhance collaboration among industries and the university Innovation ▲
 Alliance, I-77 Alliance, SCRA
  6 Certificate Programs and Episodic Trainings Workforce Midlands Tech, SCCC, ReadySC ▲

  7 Aerospace Workforce Training Programs Workforce Midlands Tech, SCCC, SCCC, ReadySC, UofSC ▲

  8 Certificate Programs for Biological & Lab Technicians Workforce Midlands Tech, SCCC, UofSC, SCBIO ▲
 Local and County ED Offices, Central SC Alliance, I-
  9 ED Collaboration with Colleges and Universities Workforce ▲
 77 Alliance, Midlands Tech, UofSC, Local Colleges
 SCBIO, SCRA, SCDOC, SCDOR, SC Economic
 10 Broaden Definitions of Concepts in the incentive policy Incentives ▲
 Developers Association, SC Chamber of Commerce
 SCBIO, SCRA, SCDOC, SCDOR, SC Economic
 11 Reduce Franchise Tax Incentives ▲
 Developers Association, SC Chamber of Commerce
 12 Lower personal property tax burden Incentives County Economic Development Organizations ▲

 13 Delay Property Taxation for Life Sciences Companies Incentives County Economic Development Organizations ▲

 14 Personal Property Tax Exemptions on Biotech Equipment Incentives County Economic Development Organizations ▲

 15 Property Taxation Trigger Event Incentives County Economic Development Organizations ▲
 Local and County ED Offices, Experience SC, Central
 16 Deepen ED collaboration with Experience SC Econ Dev ▲
 SC Alliance, I-77 Alliance
 Enhance collaboration among university, ED offices, and Local and County ED Offices, Central SC Alliance,
 17 Econ Dev ▲
 SCBIO SCBIO, UofSC
 Local and County ED Offices, Central SC Alliance, I-
 18 Effective Marketing Campaign Econ Dev ▲
 77 Alliance
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.5355
 1.a

Capability Development Initiatives Responsibility and Timeline (2/4)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Q3 Q4 Q1 Q2 Q3 Q4 2022
  # Capability Development Initiative Pillar Provisional Responsible Parties 2020 2020 2021 2021 2021 2021 onwards

 Local and County ED Offices, Central SC Alliance,
 19 Earned Media – Public Relations Econ Dev ▲
 SCBIO, I-77 Alliance, UofSC
 20 Digital Ambassador Campaign Econ Dev City of Columbia ED Office, County ED Offices ▲
 Directory of Regional and Statewide Startup & Entrepreneurial
 21 Innovation SCRA, S.C. Innovation Hub, SCDOC ▲
 Resources
 Apprenticeship Carolina (primary), ReadySC, SCCC,
 22 Apprenticeship Program Workforce ▲
 Midlands Technical College
 23 Tailoring University Program Offerings Workforce UofSC, Clemson University ▲
 ReadySC, Central SC Alliance, I-77 Alliance, SC
 24 Workforce Attraction & Retention Program Workforce Coordinating Council for Workforce Development, ▲
 SCCC
 Long-term University and MTC Program Offerings in Software
 25
 & IT
 Workforce UofSC, Midlands Tech, local colleges ▲
 26 2-year College to 4-year University Transfer Programs Workforce SCCC, Midlands Tech, local colleges, UofSC ▲
 27 Connecting Employers with Qualified Workers Workforce ReadySC ▲
 SCDOC (primary), SCRA, Local and County ED
 28 Revise Tax Credit Incentive Programs Incentives Offices, SCDOR, SC Economic Developers ▲
 Association, SC Chamber of Commerce
 SCDOC (primary), SCRA, Local and County ED
 29 Incentivize High-paying Jobs Incentives Offices, SCDOR, SC Economic Developers ▲
 Association, SC Chamber of Commerce
 Local and County ED Offices, Central SC Alliance, I-
 20 Targeted Conferences and Symposiums Econ Dev
 77 Alliance, SCBIO, UofSC
 ▲
 UofSC, SC Launch, SCCC, Local and County ED
 31 Cybersecurity Innovation Ecosystem Innovation ▲
 Offices, SC Cyber
 iT|SC Cluster Organization, UofSC, Midlands Tech,
 InsurTech Industry Association Revitalization and Annual
 32 Innovation SCCC, McNair Institute for Entrepreneurism and Free ▲
 Innovation Summit
 Enterprise, ED Offices, Central SC Alliance
 33 Life Science Conferences and Symposium Innovation SCBio, UofSC ▲

 34 Faculty Recruitment and Performance Evaluation Innovation UofSC, SCCC ▲
 Technology Collaboration Center and coworking spaces in the
 35
Copyright © 2020 Deloitte System
 Development LLC. All rights reserved. Innovation Richland Library Coworking Center ▲ Strategy Capability Development
 Columbia Cluster Development
 public  library Packet Pg.5456
 1.a

Capability Development Initiatives Responsibility and Timeline (3/4)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Q3 Q4 Q1 Q2 Q3 Q4 2022
  # Capability Development Initiative Pillar Provisional Responsible Parties 2020 2020 2021 2021 2021 2021 onwards

 36 DOD/DOE Technology Spillover Innovation McNair Aerospace Center, SCCC ▲
 SC Coordinating Council for Workforce Development,
 37 Transitioning Military Employment Partnership Workforce SCCC, SC Department of Veterans Affairs, SCCC, ▲
 Ready SC
 UofSC, SCRA, SCDOC, SC Economic Developers
 38 Grants and Awards for Research Incentives ▲
 Association
 Local and County ED Offices, SCDOC, SC Economic
 39 Discretionary Grants Incentives ▲
 Developers Association
 SCDOC, Local and County ED Offices, Central SC
 40 Promote Foreign Trade Zone Status Incentives ▲
 Alliance, SC Economic Developers Association
 Local and County ED Offices, Experience SC, Central
 41 Develop a Signature National Event Econ Dev ▲
 SC Alliance, I-77 Alliance

 42 Life Science Conferences and Symposium Econ Dev SCBIO, ED Offices, Central SC Alliance ▲

 43 Build a Medical Device Technology Corridor Econ Dev SCBIO, ED Offices, UofSC, Midlands Tech, SCRA ▲

 44 Sponsor establishment of wet lab and cold storage spaces Econ Dev SCBIO, ED Offices, SCRA, UofSC ▲
 UofSC Aerospace Engineering Department
 45 Long-term University Program Offering in Aerospace Workforce ▲
 UofSC Office of Economic Engagement

 46 Introduction Course in Gene Therapy Manufacturing Workforce UofSC Medical School or Biotechnology Program ▲
 University and MTC Program Offerings in Future Health
 47 Workforce UofSC, Midlands Tech ▲
 Technology

 48 Management Workshops and Soft Skills Trainings Workforce ReadySC, Midlands Tech ▲
 Local and County ED Offices, SCDOC, SCDOR, SCRA,
 49 Tax benefits for companies that locate in targeted zones Incentives SC Economic Developers Association, SC Chamber of ▲
 Commerce
 Local and County ED Offices, Central SC Alliance, I-
 50 Targeting Small to Medium Size Corporate Offices/R&D Offices Econ Dev ▲
 77 Alliance
 Local and County ED Offices, SCDOC, SCDOR, SC
 51 Hire Ex-Military Tax Credit and Training Grants Incentives Department of Veterans Affairs, SC Economic ▲
 Developers Association
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.5557
 1.a

Capability Development Initiatives Responsibility and Timeline (4/4)




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Q3 Q4 Q1 Q2 Q3 Q4 2022
  # Capability Development Initiative Pillar Provisional Responsible Parties 2020 2020 2021 2021 2021 2021 onwards

 52 Crowdsourcing Platform Innovation SCRA ▲

 53 Technology Corridors Innovation UofSC, Midlands Tech, SCRA, SCCC ▲

 54 Develop Strategy on Next Gen Manufacturing Technology Innovation UofSC, SCCC, SCRA, Midlands Tech ▲
 Midlands Tech, UofSC, local ED Offices, Central SC
 55 University and MTC Scholarships and Grants Workforce ▲
 Alliance

 56 University Research Grants Workforce UofSC ▲
 Broaden the allowable applications of Tax Increment Financing Local and County ED Offices, SCDOC, SCDOR, SC
 57 Incentives ▲
 (TIF) Economic Developers Association

 58 Local Product Purchase Reimbursement Incentives Local and County ED Offices, SCDOC ▲
 Enhanced content for core ED messaging and analytics on Local and County ED Offices, Central SC Alliance, I-
 59 Econ Dev ▲
 tool/platform performance 77 Alliance
 SCDOC (primary), SCRA, Richland County ED Office,
 60 Paid Training Period for New Recruits Incentives ▲
 SCDOC, SCDOR

 61 NOL Carry-Forward Period Extension Incentives SCDOC, SCDOR, SC Economic Developers Association ▲
 UofSC, Midlands Tech, or ED office to incentivize to
 62 Coding Bootcamp and Hackathons Workforce ▲
 create a new business

 63 MedTech Competition and Immersion Programs Workforce SCRA, SCBIO, UofSC ▲
 Midlands Tech, UofSC, Local and County ED Offices,
 64 Low-rate Equipment Leasing Incentives ▲
 SCDOC, SCRA, SC Economic Developers
 In-House Captive Operations or BPO Services in FinTech and Local and County ED Offices, Central SC Alliance, I-
 65 Econ Dev ▲
 InsurTech 77 Alliance, SCDOC
 Local and County ED Offices, Central SC Alliance, I-
 66 Focus on Managed Tech Services for Healthcare Econ Dev ▲
 77 Alliance, SCDOC

 67 Fiber Network Innovation Local and County ED Offices, Central SC Alliance ▲



Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.5658
 1.a




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
Governance Framework Considerations




Copyright © 2020 Deloitte Development LLC. All rights reserved.
 Packet Pg.5759
 1.a

Governance Principles




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Definitions Key Considerations


 • Responsible for executing task(s) • Too many “Rs” slow the coordination of
  R – Responsible
 • Responsible implies you are also consulted the work


 • Accountable for ensuring a decision is made • Having a single Accountable / Approver
  A – Accountable • Approval and veto rights for the recommended decision leads to more effective and efficient
 • In some cases, the Accountable party is also Responsible decision-making


 • Consulted by the stakeholders to provide input to the
 • Too many “Cs” slow down the decision-
  C – Consulted process, but not directly involved in the decision-making
 making process
 activity


 • Informed about the decision after the decision has been • Growing organizations should shift to
  I – Informed made, these stakeholders are not involved in the decision- informing parties rather than
 making process unnecessarily consulting them




 RACI is a tool used to outline roles and required activities for the various parties involved in an organization’s decision-
 making process



Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.5860
 1.a

Illustrative RACI Matrix: Innovations




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 # Capability Development Initiative Start Schedule RESPONSIBLE ACCOUNTABLE CONSULTED INFORMED

 1 Scale Research Commercialization Q3 2020 UofSC OOE Office UofSC OOE Office Local and County ED Offices SCRA

 2 Crowdsourcing Platform Q3 2021 SCRA UofSC
 Strengthen Columbia’s Network of sector/capability
 3 Q3 2020 UofSC SC Launch, SCCC
 focused Incubators
 4 Accelerator Program Q3 2020 SCRA SC Launch, SCCC
 UofSC, SC Launch Innovation
 5 Cybersecurity Innovation Ecosystem Q1 2021 SCCC Local and County ED Offices
 Center
 McNair’s Institute for
 6 Customized Applied Research Solution for/with Industry Q3 2020 SCRA SCCC, SCDOC, OOE Entrepreneurism and Free
 Enterprise
 7 Columbia Technology Corridor Q3 2021 UofSC, SCRA SCCC
 InsurTech Industry Association Revitalization and Annual
 8 Q1 2021 SC Insurance Association
 Innovation Summit
 9 Life Science Conferences and Symposium Q1 2021 SCBIO SCBIO Local and County ED Offices

 10 Develop Strategy on Next Gen Manufacturing Technology Q3 2021 UofSC UofSC

 11 Fiber Network 2022 onwards Local and County ED Offices
 Enhance collaboration among industries and the
 12 Q3 2020 Local and County ED Offices
 university
 13 Faculty Recruitment and Performance Evaluation Q1 2021 SCDOE UofSC, SCCC
 Directory of Regional and Statewide Startup &
 14 Q4 2020 EngenuitySC SCDOC
 Entrepreneurial Resources
 Technology Collaboration Center and coworking spaces in Richland Library Coworking
 15 Q1 2021 SCRA
 the public library System Center
 16 DOD/DOE Technology Spillover Q1 2021 McNair Aerospace Center Shaw Airforce Base



 Legend
 R = Responsible for completing (can be multiple groups for one activity)
 Initiative is lacking and needs to be implemented
 A = Accountable for the results and holds ultimate decision / approval authority (only one group per task / step)
 Initiative is occurring but with opportunities to improve
 C = Consulted for critical inputs and/or decisions
 Initiative can be de-prioritized for the future
 I = Informed of the results / decisions
Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.5961
 1.a
 Management Council should
Potential Governance Structure for Columbia ED Action Plan consist of executive
 representatives from the key
 stakeholder organizations




 Attachment: FINAL - Columbia SC Economic Development Action Plan_7-1-2020 (6399 :
 Management Council
 Project Management Office
 should be the executive-
 minus-one role, ideally
 Project Management Office rotating among organizations


 Marketing Oversight
 Committee* Marketing is a collaborative
 competency involving many
 stakeholders and roles that
 Pillars all report to the Marketing
 Oversight Committee
 Economic
 Innovation Steering Incentives Steering Workforce Steering
 Development (ED)
 Committee Committee Committee
 Steering Committee
 Pillar-focused Steering
 Committees consist of
 Innovation Incentives Workforce decision-makers in
 ED PMO stakeholder organizations
 PMO PMO PMO



 Initiative Initiative Initiative Initiative Each pillar has a PMO that
 Owners Owners Owners Owners oversees the progress of all
 the initiatives and it could be
 overlapping with or different
 from the initiative owners


Copyright © 2020 Deloitte Development LLC. All rights reserved. Columbia Cluster Development Strategy Capability Development
 Packet Pg.6062
• One of the Marketing Oversight Committee’s roles is to ensure that the most relevant local sources of subject matter expertise on topics known to challenge growing enterprises in a particular segment
 are engaged and effectively called upon to contribute to Business Attraction and Retention activities

COLUMBIA ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE
 MEETING MINUTES
 THURSDAY, DECEMBER 17, 2020
CALL TO ORDER

The meeting was called to order at 12:05 PM by Chairman Sam Davis.

 Attendee Name Present Absent Late Arrived
 Sam Davis   
 Will Brennan   
 Tameika Isaac Devine   

COMMITTEE DISCUSSION

1. Columbia Technology Plan - Mr. Ryan Coleman, Economic Development Director

Ryan Coleman, City of Columbia Economic Development Office Director said the Columbia
Technology Plan has been underway for over a year. Richland County has been the umbrella
organization and has convened an extensive list of partners. South Carolina continues to fare
well in the areas of manufacturing. In the Columbia, Richland, and Lexington area, we have the
capability and assets to compete for more of the knowledge economy and high wage paying jobs.
We need to realign our assets to create an environment that’s conducive to entrepreneurship and
start-up activity. Deloitte was brought in as the lead consultant. We pulled this plan together in
August and it focuses on our innovative capacity, workforce and education, incentives, and
marketing.

Jeff Ruble, Richland County Economic Development Director provided background information
on the creation of Central SC Alliance and the City’s Economic Development Office along with
the need for the Columbia Economic Development Action Plan. Deloitte Consulting is the
preeminent site selection consulting firm in the country.

Garry Powers, Richland County Economic Development Office Project Manager said there were
68 recommendations within the report. Deloitte said we were under achieving because we were
not known for attracting and retaining knowledge-based talent; lack of identity or a brand; and a
limited base of homegrown knowledge-based firms and a weak entrepreneurial system. The issue
of elevated property taxes and lack of direct air service also came up. The target industries are in
information technology and certain high growth areas of manufacturing. As it relates to
education, training, and talent, we are working to attract transitioning military IT workers. We
are working with the SC Council on Competitiveness on in-depth IT workforce and talent
strategies and next gen manufacturing/logistics workforce and talent strategy. MTC is working


 Page 1 of 4
 COLUMBIA ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE
 MEETING MINUTES
 THURSDAY, DECEMBER 17, 2020
with SCBIO on biomed education/training strategy. As it relates to innovation, we need to
develop technology corridor strategies and sector-specific technology/incubator strategies. We
are working with the City of Columbia on an Insurtech Summit and with UofSC to align their
research priorities with the region’s economic development activities.

Ryan Coleman, City of Columbia Economic Development Office Director noted that Benedict
College and Allen University have also been involved in these discussions.

Garry Powers, Richland County Economic Development Office Project Manager reported that
for incentives and taxation, legislation to reduce our state franchise tax has been pre-filed.
Legislation has been drafted for major revisions to the Life Sciences Act. There will be future
legislation for state and local incentives for white collar firms. The sector-specific local
incentives will be requested to help build technology corridors, sector-specific incubators, and
talent acquisition and retention. The Central SC Alliance will lead the effort in economic
development marketing by creating a Columbia branding and marketing strategy.

Jeff Ruble, Richland County Economic Development Director said there are different efforts
underway. We will do more place marketing to raise visibility for Richland County, Lexington
County and the City of Columbia.

Ryan Coleman, City of Columbia Economic Development Director said we’ve had many
conversations about regional marketing, and we are unifying our branding to better align with
each other.

Garry Powers, Richland County Economic Development Office Project Manager said there will
be targeted marketing efforts. There are 40 Insurtech companies in Columbia. Most of them are
in the City and up to 12 of them have expansion potential. We will talk with them specifically
about expansion opportunities. We will develop biopharmaceutical market prospect
identification and other sector-specific marketing strategies. The Central SC Alliance is
developing talent attraction marketing initiatives. When we come back, we will drill down into
the specific recommendations, outcomes, value proposition for the City of Columbia, and
investing into some of these initiatives going forward.

Councilor Devine asked what knowledge base are we lacking according to Deloitte.

Garry Powers, Richland County Economic Development Office Project Manager said we have a
strong base in software but it is not growing. There is a tremendous amount of poaching between
our IT companies in the Columbia market. There are not enough experienced workers.


 Page 2 of 4
 COLUMBIA ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE
 MEETING MINUTES
 THURSDAY, DECEMBER 17, 2020
Jeff Ruble, Richland County Economic Development Director said according to Deloitte, Prisma
chose Greenville for its headquarters because it was a better place to recruit and retain talent.
We’ve had major exoduses of some of our best talent and technology companies.

Councilor Devine said if we are experiencing gaps in knowledge and talent, we need to address
both of those. I want to make sure we are including K-12 in the conversation. They are charged
with providing us with the raw material. I want to make sure higher education is aligning with
our priorities, as well. As we talk about taxes and incentives, what other recommendations can be
put forward to address the challenges we have in the Midlands regarding taxes.

Garry Powers, Richland County Economic Development Office Project Manager recalled that
Deloitte says that property taxes are an issue but the overall tax structure in Columbia is not out
of whack. The data analytics in the tax study that was done with the City were very good, but
some of the conclusions were simplistic; especially the one that said we were losing 25-54 year
olds because of the tax issue. We are losing them because of the structure of jobs in the
Columbia area has changed. We are losing manufacturing and distribution jobs and replacing
them with hospitality jobs. If more higher paying jobs were available to a broader range of
people, that would address a lot of the economic development issues.

Jeff Ruble, Richland County Economic Development Director added that this is not a program
for white people. The expectation has to be raised amongst our K-12. They have to understand
that these are the jobs regardless of where you to go school. Ben Rex’s program indicates that
there is talent spread across the population and we need to educate folks so they can take
advantage of these opportunities. The low end jobs of the past are being replaced by skill sets
that require digital understanding and coding.

Councilor Brennan said we need to create the jobs for the people who create the robots.

Ryan Coleman, City of Columbia Economic Development Director said an educated and trained
workforce has become the center point of these discussions. This is a comprehensive report and
there are a lot of levers we can push on. If we make small to mid-sized changes in a variety of
these areas, we can create a large bandwidth on the backend of that pipeline. A lot of things need
to be better aligned.

Councilor Brennan asked what do you envision happening in the near-term for us to start the
relationship building with a common goal of the big takeaways from this action plan?




 Page 3 of 4
 COLUMBIA ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE
 MEETING MINUTES
 THURSDAY, DECEMBER 17, 2020
Garry Powers, Richland County Economic Development Office Project Manager said in the next
6-months we will make the greatest impact on education, training, and talent side. One primary
goal for 2021 is to make sure city and county governments and industry leadership are on board
on a sector by sector basis. We need to show you specific outcomes and we need to be held
accountable for meeting these outcomes.

Jeff Ruble, Richland County Economic Development Director said this plan helps us to
accomplish the goals of economic development and we need the elected officials of the City of
Columbia, Richland County, and Lexington County to get behind this plan.

Councilor Davis said I was pleased to see that Midlands Technical College is viewed as a major
player in all of this. They have a unique setup being that they are located in an industrial park
and across from a high school. I observed Kennan’s robotics program and I see that as a natural
relationship transition and a resource for Midlands Tech. I don’t know if there is a real
relationship between the two.

Councilor Brennan asked what role will our delegation play in helping to build the foundation
for the action plan. What is the Life Sciences Act?

Garry Powers, Richland County Economic Development Office Project Manager said the
legislature doesn’t typically work on legislation for economic development. We will be telling
them about the projects we are losing. Over 10 years ago, the Department of Commerce helped
to develop incentives for biopharmaceuticals and other life science medical devices, but the
incentives were difficult for companies to use. Recommendations from the report were included
in a draft bill for the Life Sciences Act. We will be coming back to you with specific things we
want to partner with you on along with the value proposition, the path forward, and outcomes.

Councilor Davis said I see the City progressing as a result of the kind of work you all are doing.
It is important for the members of Council to be briefed periodically.

ADJOURNMENT

The meeting was closed at 1:10 PM.

Respectfully submitted by:

Erika D. Moore Hammond, CMC
City Clerk


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