Economic Development Committee — Columbia, SC
Date: 2022-11-08
Time: 13:00

COLUMBIA ECONOMIC DEVELOPMENT COMMITTEE MEETING AGENDA
 TUESDAY, NOVEMBER 8, 2022

The Columbia Economic Development Committee will conduct a meeting on Tuesday,
November 8, 2022 at 1:00 p.m. at City Hall (Mayor's Conference Room), 1737 Main Street,
Columbia, South Carolina 29201. Members of the public may view the meeting online at
www.columbiasc.gov. Please contact the City Clerk’s Office at (803)545-3045 or
cityclerk@columbiasc.gov if you have questions regarding the meeting.

 The Honorable Joe E. Taylor, Jr., Chair
 The Honorable William Brennan, District III  The Honorable Tina N. Herbert, District I

Prior to entering the meeting please turn all electronic communication devices to the silent, vibrate or off
 position. All presenters are asked to speak directly into the microphone for recording purposes.

CALL TO ORDER
COMMITTEE DISCUSSION

1. Review of Economic Development Partners

2. Creation of a 5-Year Real Estate Plan

3. Update on Positions for the Economic Development Office

4. Establishing Quarterly Reporting Based on the Measures within the 2022 Economic
 Development Plan

EXECUTIVE SESSION

5. Discussion of matters relating to the proposed location, expansion, or provision of
 services encouraging location or expansion of industries or other businesses in the area
 served by the public body pursuant to §30-4-70(a)(5)

 GSM of North Main/Peak Drift Beverages
 Golden Eagle
 2222 Main View Apartments

6. Discussion of negotiations incident to proposed contractual arrangements pursuant to
 S.C. Code §30-4-70(a)(2)
 1225 Laurel Street

ADJOURNMENT


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COLUMBIA ECONOMIC DEVELOPMENT COMMITTEE MEETING AGENDA
 TUESDAY, NOVEMBER 8, 2022

The Columbia Economic Development Committee will conduct a meeting on Tuesday,
November 8, 2022 at 1:00 p.m. at City Hall (Mayor's Conference Room), 1737 Main Street,
Columbia, South Carolina 29201. Members of the public may view the meeting online at
www.columbiasc.gov. Please contact the City Clerk’s Office at (803)545-3045 or
cityclerk@columbiasc.gov if you have questions regarding the meeting.

 The Honorable Joe E. Taylor, Jr., Chair
 The Honorable William Brennan, District III  The Honorable Tina N. Herbert, District I

Prior to entering the meeting please turn all electronic communication devices to the silent, vibrate or off
 position. All presenters are asked to speak directly into the microphone for recording purposes.

CALL TO ORDER
COMMITTEE DISCUSSION

1. Review of Economic Development Partners

2. Creation of a 5-Year Real Estate Plan

3. Update on Positions for the Economic Development Office

4. Establishing Quarterly Reporting Based on the Measures within the 2022 Economic
 Development Plan

EXECUTIVE SESSION

5. Discussion of matters relating to the proposed location, expansion, or provision of
 services encouraging location or expansion of industries or other businesses in the area
 served by the public body pursuant to §30-4-70(a)(5)

 GSM of North Main/Peak Drift Beverages
 Golden Eagle
 2222 Main View Apartments

6. Discussion of negotiations incident to proposed contractual arrangements pursuant to
 S.C. Code §30-4-70(a)(2)
 1225 Laurel Street

ADJOURNMENT


 Page 1 of 1
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MEETING DATE: November 8, 2022

DEPARTMENT: City Clerk

FROM: Erika Hammond, City Clerk

SUBJECT: Review of Economic Development Partners
FUNDING SOURCE &
ORIGINAL BUDGET:


ATTACHMENTS:
  #a: Deliverable Spreadsheet - ED Committee (PDF)




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 Partner Deliverables - FY 2021/2022
 Partner Deliverables Annual Cost
 Collaborate with Experience Columbia SC on the installation and use of four new digital kiosks on Main Street
 Continue ongoing efforts to strategically recruit and position retail merchants
 Continue ongoing marketing to suburbs within 40 miles of downtown Columbia
 Continue to work to create a welcoming feeling to our downtown, one that is clean, safe and beautiful.
 Continue to include a sense of culture, place and history as a part of all the things to do
 City Center Partnership Continue to encourage implementation of connectivity recommendations for pedestrian, bicycling, vehicular and public
 transportation
 Continue to maintain street lighting in the BID
 Gather data and publish State of Downtown Report to show the impact of the BID over time
 Continue collaborative partnership to address/support the homeless effort in the BID
 Continue to encourage increased collaboration and a shared vision among all stakeholders
City Center Partnership Total (government payment made in lieu of a standard BID allocation on taxed property) $70,000
 Expand mentoring programs for high growth potential (250K+ revenue per year) companies in Columbia, SC
 Assistance with ecosystem development, working to identify, engage and recruit new companies into the GrowCo
 community and Columbia ecosystem. 12 new companies
 GrowCo
 Promotion - Raising visibility and sharing success stories for Columbia’s entrepreneurs
 Access to Capital - Expanding access to capital for promising founders and their companies through pipeline
 development, programming/ education and referrals to qualified and founder-friendly sources of capital.
GrowCo Total $37,500
 Coordinate in-person and virtual recruitment opportunities with the City to seek corporate partners for the park and
 next stage, entrepreneurial partners for the Accelerator
 Midlands Technical College Marketing cost to recruit corporate partners for the park and recruit next stage, entrepreneurial partners for the
 Accelerator
 Escalate entrepreneurship through growth of the MTC Accelerator
Midlands Technical College  Total $10,000




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 On demand research and mapping support, with access to several different data subscriptions including ESRI, JobsPlus,
 ROI Gazelle, and other tools. Assistance with providing informationa nd responses to prospects, mapping for properties
 and amenities, photography, aerial drone footage, cost of doing business comparisons, labor profiles, demographics,
 social data, and business intelligence.

 Custom marketing support to include website promotion via a dedicated page to City of Columbia, and a wide variety of
 marketing collateral with prominently highlights the City. Available property promotions on the Central SC website, with
 ability to promote City properties of interest, share flyers, and pull labor reports on the fly. Site photos and some video
 are available for download as well. Central news page features updates, key City employers, and quality of life
 information. A $5000 marketing grant is available to local developers to assist with collateral development of their
 choosing.
 Hosting of startcentralsc.org, a new talent recruitment and job hosting site focused on connecting prospective
 employees with job and internship opportunities and promoting quality of life in the Midlands
 Marketing support to quality of life and workforce related videos, access to Richland County videos and assets, aerial
 Central SC videos of City properties (MTC Enterprise Campus and BullStreet), access to Central SC photo libraries for use in City
 collateral, testimonial videos from local business leaders. Development of custom marketing materials for ads, travel
 missions, sales publications (executive summary, brochures, etc...). Industry specific marketing materials, and translation
 assistance for presentations and brochures as needed.

 Digital marketing assistance including eblasts to site consultants and companies highlighting available properties, and
 social media promotion including highlights, new rankings, positive media and PR, cross posting, and news features.
 Local lead generation support to engage with businesses and industry sectors of interest for local developers, with the
 City prominently displayed on virtual calls.
 Support with business recruitment trips and events, including mission planning and execution custom City/County
 generated trips, funding support when traveling on behalf of Central SC Alliance (all trip costs covered with exception of
 flights).
 Prospect visit support including property and community tours, lunches, dinners, etc… Support and sponsorship for local
 events (i.e. Growth Summit sponsorship), assistance with connections to local suppliers/vendors, and help with local
 company and labor interviews. - Event assistance and monetary support, Incentive negotiation assistance, connections
 to potential suppliers and vendors, company and labor interviews
CentralSC Total Membership $72,000




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 Build international network of cities around universities focusing on Education, Landing Pad, IT, AI, Digital Economy &
 and Biotech/Life Sciences
 Explore UK partnership for Economic Development (Liverpool and Essex)
 Identify 8 business leads for Columbia
 Coordinate actual or virtual spring mission trip specific to landing pad opportunities, IT and Innovation Cluster
 Columbia World Affairs
 Development
 Council
 Underwrite intern for CED to coordinate CWAC activities
 Execute Global Vision Awards Gala
 Cover City’s payment in Sister City International
 Schedule and host at least one call or video conference per month with Columbia’s sister city partners and/or related
 business prospects
Columbia World Affairs
 Total $30,000
Council
 Summit on Diversity in IT – 1 Day Conference
 Lunch and Learns: Provide quarterly lunch and learn interactive workshops designed to attract under-represented
 IT-ology populations to the IT Field.
 Diverse IT Speaker Series: Produce 2 Podcasts
 Diverse IT Career Fair – Spring 2022
IT-ology Total $10,000
 USC Incubator Management of 43 incubator companies with an earned total of $21 million in revenue
USC Incubator Total $25,000
 Columbia Chamber of
 Commerce Local military support and support with regards to BRAC discussions
Columbia Chamber of
Commerce Total (not funded directly out of Economic Development budget) $53,500
Total $308,000




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MEETING DATE: November 8, 2022

DEPARTMENT: City Clerk

FROM: Erika Hammond, City Clerk

SUBJECT: Creation of a 5-Year Real Estate Plan
FUNDING SOURCE &
ORIGINAL BUDGET:




Updated: 11/4/2022 3:04 PM Page 1
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MEETING DATE: November 8, 2022

DEPARTMENT: City Clerk

FROM: Erika Hammond, City Clerk

SUBJECT: Update on Positions for the Economic Development Office
FUNDING SOURCE &
ORIGINAL BUDGET:




Updated: 11/4/2022 3:33 PM Page 1
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MEETING DATE: November 8, 2022

DEPARTMENT: City Clerk

FROM: Erika Hammond, City Clerk

SUBJECT: Establishing Quarterly Reporting Based on the Measures
 within the 2022 Economic Development Plan
FUNDING SOURCE &
ORIGINAL BUDGET:




Updated: 11/4/2022 3:36 PM Page 1
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MEETING DATE: November 8, 2022

DEPARTMENT: City Clerk

FROM: Erika Hammond, City Clerk

SUBJECT: Discussion of matters relating to the proposed location,
 expansion, or provision of services encouraging location or
 expansion of industries or other businesses in the area served
 by the public body pursuant to §30-4-70(a)(5)
FUNDING SOURCE &
ORIGINAL BUDGET:

PURPOSE:
GSM of North Main/Peak Drift Beverages
Golden Eagle
2222 Main View Apartments




Updated: 11/4/2022 2:59 PM Page 1
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 6




MEETING DATE: November 8, 2022

DEPARTMENT: City Clerk

FROM: Erika Hammond, City Clerk

SUBJECT: Discussion of negotiations incident to proposed contractual
 arrangements pursuant to S.C. Code §30-4-70(a)(2)
FUNDING SOURCE &
ORIGINAL BUDGET:

PURPOSE:
1225 Laurel Street




Updated: 11/4/2022 3:00 PM Page 1
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