FY2014 timeline
ICAD GROUP FY2014 Timeline of economic development news, events and activity
ICAD Group works to enhance the quality of our communities by serving the business development needs of interstate commerce companies. Through these efforts, we create, collaborate and lead regional economic development initiatives that contribute to the creation and growth of companies, wealth and quality jobs.
#Iowabrag
Changing misperceptions about our region is vital as companies and workforce continue to grow and locate here. To improve this, ICAD Group launched Iowa Brag, a new workforce and regional branding initiative, on New Year’s Eve 2013. This social media campaign uses facts and brags to publicize business growth, opportunities, and quality of life that followers can share on Twitter, Tumblr and Facebook. Every post links back to PickYourPace.com, highlighting videos, employer profiles and job links for our region. Iowa Brag is a collaboration with IC CoLab members Creative Mellen and Sculpt.
july
august
september
october
n July 2
n September 11
n October 21
POLICOM ranks Iowa City MSA in the top quartile of all US metros for economic strength.
n July 18
n September 23
Nerd Wallet’s nationwide study lists Iowa City as a “Best US City for Work/ Life Balance.”
n August 15 n July 23
Working toward creating a more welcoming environment for workforce, ICAD Group hosts “Creating SelfAware and Welcoming Communities” luncheon with Culture Friendly Consulting and Diversity Focus.
Forbes ranks Iowa City #13 on its list of “The Best Small Places for Business and Careers.”
ICAD Group hosts one of its largest Annual Meetings ever, featuring educators, entrepreneurs, and interstate commerce companies discussing the future of workforce in Iowa’s Creative Corridor.
n Community News
n August 30
n Investor Relations
august 29, 2013
Alpla, a bottle supplier to Procter & Gamble completes expansion, and adds 80 jobs.
MediRevv, a healthcare revenue cycle management company, breaks ground for its new $3.2 million, 26,200 square foot building, and announces plans to add 80 jobs.
Coralville-based Cellular Engineering Technologies receives $300,000 from the Iowa Innovation Acceleration Fund.
n October 28
n August 29
n Business Development
n Workforce Development
Shasta QA, a software testing company from California, expands operations into Coralville, adding 40 jobs.
n September 25
ICAD Group renews its partnership with the University of Iowa Alumni Association and offers new career development webinar series, promoting local job opportunities to 20,000 Iowa alumni nationwide.
October 21, 2013
Standing room only crowd attends fall Creative Corridor Welcome Reception and Creative Week Wrap Party at Cedar Ridge.
n October 31
Iowa City receives a top 10 ranking as a “2013 Best Places for Veterans: Jobs” from USAA and Hiring Our Heroes.
november
december
n November 5
n December 9
A local consortium comprised of regional college and university career centers, along with area economic development groups, hosts “Connecting in the Corridor Student & Employer Networking Reception,” helping connect college juniors and seniors with local career opportunities.
ICAD Group receives recognition for its FY2013 investor report and investor relations kit during the annual MidAmerica Economic Development Council conference in Chicago.
n December 20
ConnectFive, a technology company based in Iowa’s Creative Corridor, receives a $75,000 state award and announces plans to add 10 jobs.
n November 21
ICAD Group announces Kate Moreland as organization’s new Director of Collaboration and Community Relations.
n December 31
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Iowa City area startup Cardiostrong receives $75,000 award from the Iowa Economic Development Authority’s Demonstration Fund.
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n November 22
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ICAD Group unveils IowaBrag at the Outback Bowl Hawkeye Huddle. This social media campaign posts weekly brags about business growth, career opportunities and quality of life to address misperceptions about Iowa’s Creative Corridor.
n January 1
The Eastern Iowa Airport announces its highest passenger numbers ever for December and will go on to have eight straight record breaking months.
n February 17
n January 10
ICAD Group and partners help kick off the region’s first “Creative Corridor Day” for leadership programs of the Iowa City Area Chamber of Commerce and the Cedar Rapids Metro Economic Alliance.
Working with the Greater Des Moines Partnership and local partners, ICAD Group establishes a local chapter of Plains Angels in Iowa’s Creative Corridor, helping better connect startups to area investors.
A new study from the United States Conference of Mayors ranks Iowa City first among all Iowa metros for projected gross metropolitan product.
n January 31
ICAD Group forms a new task force to address new efforts to make our area more inclusive for international residents.
n February 18
In partnership with Innovative Software Engineering, ICAD Group opens the doors to its second full-time coworking facility, the Coralville CoLab.
May 9, 2014
march
May 12, 2014
april
may
june
n March 15
n April 1
n May 9
n June 12
Iowa City MSA posts state’s largest percentage population growth from 2010 to 2013 among Iowa’s nine largest metro areas. Johnson County posts second highest percentage population growth during that same time period.
ICAD Group sponsors the inaugural Tech and Innovation Conference as part of Iowa City’s Mission Creek Festival.
n May 12
n March 26
n April 8
ICAD Group launches new ShovelReadyIowa.com website, newly optimized for all mobile platforms.
n March 31
ICAD Group hosts “Modern Marvels 2.0,” a three hour STEM showcase for local business, junior and senior high students, and UI Engineering graduates.
Thanks to the success of IowaBrag, PickYourPace. com site traffic posts 70% gain, along with higher numbers of customized employer pages.
Fusionfarm, Geonetric, and ICAD Group are among 41 global organizations certified by WorldBlu as Most Democratic Workplaces. Based entirely on employee feedback, this global award shines a spotlight on visionary organizations that practice successful organizational democracy.
Cedar Ridge Vineyards, Winery and Distillery announces $1.1 million dollar expansion plan to add several thousand square feet of production space.
n June 17
n May 16
ICAD Group partners with Diversity Focus, Kirkwood Community College and the City of Cedar Rapids to present Workplace (R)evolution 2014, a full day conference on the future of work and culture in the workplace.
David’s Famous Gourmet Frozen Custard announces $1.2 million dollar expansion project in Tipton, adding 34 jobs.
Area Development magazine ranks the Iowa City MSA tops in the state and #12 nationally in its “Small Cities” category for Leading Locations. Contributing factors include an inward migration of educated workforce, established base of an educated workforce, low unemployment, and wage and salary growth.
June 31 – ICAD Group n April 30
The City of Iowa City retains its Moody’s Aaa bond rating for the 38th consecutive year.
ICAD Group ends its fiscal year cash positive and without debt. Total funding, including cash and in-kind, is $856,528. Programming and organizational expenses are $806,809. At the end of Year 2 of Vision 2030, ICAD Group has helped in the creation of 872 new interstate commerce jobs.
FY2014 Investor update August 2014
INTERSTATE COMMERCE AND STRATEGIC INITIATIVES This update measures the progress and performance of Vision 2030, our five year campaign launched July 1, 2012. Our commitment to investors, clients and partners is full engagement and accountability. These progress bars show our cumulative results in three core areas: expansions of existing companies, new company attraction, and assistance for entrepreneurs and early-stage companies. These are completed projects in the communities served by ICAD Group. Through August 2014, we have provided significant assistance to the achievement of the following results:
July
July
2012
July
2013
July
2014
July
2015
2016
July
2017
2013
9 445
2013
2012
2012
Expansion/Retention Projects number of Expansion/Retention Projects
24
number of high-quality jobs contributed
1,605
2013
2012
targeted companies number of targeted companies
4
number of high-quality jobs created
2013
345
2012
15 860
2013 2013
2012
2012
new companies created/assisted
8 82
number of new companies number of high-quality jobs added
C rridor
C rridor
C rridor
C rridor
C rridor
C rridor
C rridor
C rridor
JobClub
Investor relations: Strategy into Action
JobClub
16 170
JobClub JobClub
JobClub JobClub ICAD Group provides economic, workforce and entrepreneurial development services to more than ninety interstate commerce companies in our service territory. Through these efforts we create, collaborate and lead regional economic development initiatives that contribute to the creation and growth of C rridor C rridor companies, wealth and quality jobs. These initiatives include: JobClub JobClub JobClub
JobClub
Driving the Economy: 2012–2017
FY2014 icad group partners & investors Vision 2030 Cornerstone Investors: $25,000 and above
Meardon, Sueppel & Downer PLC
ACT, Inc.
Riverside Casino & Golf Resort
City of Coralville
Mediacom Neumann Monson
City of Iowa City
Rockwell Collins
City of North Liberty
Shive-Hattery
Johnson County
Shuttleworth & Ingersoll PLC
MidAmerican Energy University of Iowa Hospitals & Clinics
Tipton Economic Development Corporation
Economy Advertising aka Bankers Advertising/ TruArt Color Graphics
Phelan, Tucker, Mullen, Walker, Tucker & Gelman LLP
Vision 2030: Partners and Sponsors
PIP Printing & Marketing Services
Carlson, Hartsock & Guither PLC
Farmers & Merchants Savings Bank
Plumbers Supply Company
Creative Mellen
First Trust & Savings Bank
Prime Ventures/The Watts Group
Foth Infrastructure & Environment
Pugh Hagan PLC
Cook Appraisal, Inc. Corridor Business Journal
GLD Commercial Real Estate
Rohrbach Associates Ryan Companies US, Inc.
HJR Financial Group
FullStack
Selzer Werderitsch Associates
Iowa City Area Chamber of Commerce
Sheraton Iowa City/ hotelVetro
Iowa City Downtown District
Shoemaker & Haaland Engineers Skogman Realty
Iowa City/Coralville Convention & Visitors Bureau
SouthGate Companies
Leepfrog Technologies
South Slope Cooperative Communications Company
Merit Construction
Great Western Bank
Vision 2030 Lead Investors: $10,000 and above
Unity Point Health (formerly St. Luke’s Healthcare)
Hawkeye Ready Mix
The Gazette Company
West Bank
McComas-Lacina Construction
Jeff Edberg (LepicKroeger REALTORS)
Freedom Security Bank
Transamerica Life Insurance Company
Hills Bank & Trust Company
The Eastern Iowa Airport
Hall & Hall Engineers Hayek, Brown Moreland & Smith LLP Hodge Construction Holiday Inn Express Hotel & Suites
Vision 2030 Investors: $1,000 and above
Holiday Inn Hotel & Conference Center
Acme Electric Company Amana Society, Inc.
Hospers & Brother Printers
American Trust & Savings Bank
Innovative Software Engineering
United Natural Foods, Inc.
Amperage (formerly Henry Russell Bruce)
Integrated DNA Technologies
Unzeitig Construction Van Meter, Inc.
A W Welt Ambrisco Insurance
Iowa Book LLC
Veridian Credit Union
Iowa City Press-Citizen
US Bank
Bachmeier Interiors
KCJJ Radio
Vetter’s Inc (Culligan Water Technologies)
Wells Fargo Bank, NA
Benson & Hepker Design
Keystone IT
West Music Company
Whirlpool Corporation
Blank & McCune
King’s Material
Brandt Heating & Air Conditioning
Knutson Construction Services
Winkel, Parker & Foster, CPA PC
Business & Financial Strategies
Liberty Communications
Mercy Iowa City MidWestOne Bank Pearson Procter & Gamble P&G Oral-B Laboratories University of Iowa Community Credit Union
Vision 2030 Investors: $5,000 and above Acciona Windpower NA Bradley & Riley PC Build to Suit, Inc. City of West Liberty Conlon Construction CRANDIC Railway HR Green Inc. Iowa Network Services Kirkwood Community College Linn County REC
Central Iowa Power Cooperative (CIPCO) Centro Inc. City Carton Recycling City of Kalona City of Solon City of Tiffin City of West Branch Clear Channel Media & Entertainment Collins Community Credit Union
TrueNorth Companies Two Rivers Bank & Trust
Rock Technology Rummells Farms, Inc. University of Iowa
Wolf Construction
KZIA/KGYM Liberty Growth L L Pelling McCrossen Consulting McGladrey LLP MediRevv Mercer Administration Myriad Developers New Ventures Cooperative Office Elements
(319) 354-3939 www.iowacityareadevelopment.com twitter.com/icadgroup facebook.com/icadgroup youtube.com/icadg
FY2014 icad group Board of Directors Tom Goedken ACT, Inc. ICAD Group Chair Elect Paul Burns* Michael J. Pugh Bradley & Riley PC
Rod Sullivan Johnson County Board of Supervisors Jerry Melick Liberty Communications Kim Becicka Kirkwood Community College
Kelly Hayworth City of Coralville
Mike Hahn McComas-Lacina Construction
Terry Dickens City of Iowa City
Scott Fisher McCrossen Consulting LLC ICAD Group Past Chair
Tom Markus City of Iowa City Ryan Heiar City of North Liberty Tim Bradshaw The Eastern Iowa Airport Josh Cramer FullStack Chuck Peters The Gazette Company ICAD Group Chair Brad Langguth Hills Bank & Trust Company Joe Barry Innovative Software Engineering Trey Martin* Aaron Warner Integrated DNA Technologies Nancy Quellhorst Iowa City Area Chamber of Commerce
Mike Heinrich Mercy Iowa City Kathryn Kunert MidAmerican Energy Kent Jehle MidWestOne Bank Michal Eynon-Lynch Pear Deck Mike McCleary* Anita Falkofske Eaton Procter & Gamble/Oral-B Laboratories Madeline Windauer RSM McGladrey Phil Larson Shive-Hattery Steve Quigley University of Iowa Community Credit Union Kenneth Kates University of Iowa Hospitals & Clinics Curt Heideman US Bank P. Barry Butler University of Iowa David Hensley University of Iowa
(319) 354-3939 www.iowacityareadevelopment.com
Daniel Reed University of Iowa * Filled vacated term April 25, 2014
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