6m 2020 EDD Partnership Program Presentation

ITEM NO: 6m supp
DATE OF MEETING: December 10, 2019
2020 Economic Development
Partnership Program
Authorization

Advancing Economic Development Partnerships
Request Commission
authorization for the Executive
Director to execute contract
agreements and implement the
2020 Economic Development
Partnership program with King
County cities in an amount not to
exceed $965,000.
Digital Story Map promoting
company relocation to Redmond

2

Economic Development Partnership Program
King County cities (except Seattle) receive
funding to advance local economic
development projects throughout the
region
Annual grants provided on a $1 per capita
formula:
Large cities capped at $65,000
Smallest cities receive a minimum of
$5,000
Cities contribute a 50% project match
Half of city match can be in-kind              Startup 425 Workshop at King County
resources                                             Library

3

2019 Program Summary
POS funds expended = $778,000
City matching funds = $577,000
23 cities participated
Lower participation due to:
Changes in city leadership, limited
city funds, limited staff capacity,
finishing 2017-2018 cycle projects
Downtown Renton summer event


4

City Economic Development Projects by Type
16
14
12
Number of Projects   10
8
14
6
11               10
4                                                            9
2                                                                             4
0
Business      Business Assistance     Planning &          Tourism          Buy Local &
Recruitment      and Retention    Feasibility Studies                       Marketplace
Development
5


Story Map of City Projects



6

Program Implementation Schedule
December 2019                  Program kick-off meeting, applications
open
January  February                  Engagement with cities to scope
projects, budgets, and timelines
February  March                   City initiatives reviewed, agreements
negotiated and executed
November 2020                  2020 projects final reports due

Quarterly                           Economic roundtable meetings with
special program


7

Appendix Slides
8

Program Refinements
1.  Option for cities to enter into longer
contracting periods to complete
projects
2.  Additional technical assistance
(especially for smaller cities)
3.  Additional outreach and
engagement
Quarterly roundtable meetings
Targeted outreach
Homepage of KentValleyWa.com

9

2019 EDP Program Eligible, Awarded, and Expended Funds
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
Total Funds                      POS Funds                   City Match Funds
Eligible     Awarded     Expended
10

Auburn
Grant Award: $65,284
Buy Local Auburn is connecting citizens to
digital content showing how local spending
contributes to improvements in local
services like roads through local taxes.
The Auburn Innovation Partnership Zone
Business Incubator doubled the number of
participating businesses to 20 members
and graduated 1 women-owned business.
The incubator offers in-person and virtual
business support classes.

11

Bellevue
Grant Award: $49,253
Marketing for Bellwether Arts Festival
generated 1,200 event visitors, 4,600 website
visits, paid advertisements in 4+ regional
publications, and earned media in 3+ regional
publications.
The Grand Connection summer pilot, a
pedestrian street activation along a growing
commercial corridor, saw strong positive
responses in survey data and that pilot
maintenance was "straight forward" resulting
in more "confidence" for future public and
private sector investments.
Participated in the Innovation Triangle using
Port funds and Startup425 using other funds.

12

Bothell
Grant Award: $18,000
Completed a feasibility study and
market analysis of a small piece of the
former Wayne Golf Course
Report showed market demand for a
stand-alone destination, boutique hotel
with meeting space and distillery or
brewery component to complement
outdoor recreation on the Snohomish
River Trail.

13

Burien
Grant Award: $36,575
Hosted Opportunity Zone workshops
connecting 15 property owners and 25
investors. Two properties are under contract
for redevelopment due to the workshops.
20+ businesses attended English and Spanish
language small business workshops.
Hosted 15 area hotel concierges at 6 Burien
restaurants to increase dinning referrals to
hotel guests. Prior to engagement, 50% of
concierges said they had never recommended
dining options in Burien.
Organizing winter events and pop-up retail to
promote shopping and commerce in
downtown Burien.

14

Covington
Grant Award: $7,250
The Green River College Small Business
Development Center advised 10
Covington businesses and hosted 4
workshops on "starting a business" and
"digital marketing fundamentals."



15

Des Moines
Grant Award: $31,140
Developing a request for qualifications
(RFQ) to engage private sector
investment in Des Moines Marina
redevelopment plan.
The RFQ will seek investment to
develop the Des Moines Marina Steps
incorporating mixed-use retail or office
spaces, a maker-space, and a hotel.

16

Duvall
Grant Award: $7,655
As part of Savor Snoqualmie Valley, the
Mountains to Sound Greenway Trust
designed and distributed:
10,000 2019 event guides,
5,000 arts and culture maps,
15,000 local food and farm brochures.
Digital versions of the materials had
90,000 views.

17

Federal Way
Grant Award: $58,564
Created the "Discover Downtown Federal
Way" opportunity report highlighting
redevelopment opportunities.
Marketed the 35th Korean-American National
Sports Festival.
10,000 visitors attended, including about 5,000
athletes from around the nation that utilized Sea-
Tac International Airport.
The estimated economic impact for the region was
$10 million.
Hosted nearly 50 representatives from foreign
countries at the Foreign Consulate Forum Tour
and Lunch in Federal Way exploring
international trade and business development
topics.

18

Issaquah
Grant Award: $34,992
Marketed the Sports Medicine Combine event
and highlight the Issaquah Sports Medicine
Innovation Partnership Zone.
Hosted and supported
Issaquah Chamber of Commerce Regional Business
Summit (110 attendees) covering topics like
workforce training, cybersecurity, and
transportation
Chamber University (33 attendees)
Hosted "Cultural Conversations" (20 attendees), a
workshop series supporting immigrant workers and
their spouses as they enter the United States
workforce.
Participated in the Startup425 regional
partnership.

19

Kenmore
Grant Award: $22,920
The Kenmore Business Acceleration
trained
16 businesses in 2019
54 businesses total since 2016
Updated professional photos for the
City website and economic
development materials.
Hired a consultant to evaluate potential
incentives and strategies to promote
commercial office development.
20

Kent
Grant Award: $65,000
Conducted a regional employment
analysis as part of the "Rally the Valley"
long-range planning study.
Leading the KentValleyWa.com
marketing and media positioning
project.
Leading the "Interurban Trail
Intermodal Study" that will identify new
Kent-Pacific area trail connections, trail
improvements, and connections to
other transit options.
21

Kirkland
Grant Award: $65,000
Innovation Triangle (Partnership with 3 cities)
Attended Select USA 2019 (met with 35
businesses), D.I.C.E. (19 meetings), New Space (10
new contacts), 4 others
Added a business retention component and worked
with 4 companies
Updated 7 business districts profiles on the website
and showed an increase in user engagement
Startup 425 (Partnership with 5 cities)
Hosted the Business Foundations Series (270
attendees), the 12-hour Small Business Essentials
course (25 attendees), and Women in Business
Conference (150 attendees)
Created a 5-year strategic plan that explores
curriculum development, more events, and
developing a collaborative workplace

22

Maple Valley
Grant Award: $25,280
The Green River Small Business
Development Center advised 20
companies
Added a streamlined business portal
and real-time economic development
data to the city's website.
Hosted a site selection tour of
developable sites with FAIBCI Seattle
Chapter
Advertised tourism and business
opportunities in regional publications.
23

Normandy Park
Grant Award: $5,706
Developed a hotel feasibility study and
market collateral.
The study showed demand for a
"boutique, longer-stay style
accommodation" complemented by
Normandy Park's location.


24

North Bend
Grant Award: $6,000
Created city economic development
marketing materials and parcel-specific
marketing materials
Targeting niche companies that
enhance the livability and outdoor
recreation potential of North Bend.


25

Pacific
Grant Award: $6,875
Participated in the Interurban Trail
Intermodal Opportunity Study
Participated in the Kent Valley
marketing, media positioning, and
website project.



26

Redmond
Grant Award: $64,000
City hosted 5 business community
events (684 attendees) and outreached
to 200+ small businesses impacted by
future Light Rail development.
Created a digital "Change the World
from Redmond" Story Map showing
developable sites in Redmond.
Participated in the Startup425 and the
Innovation Triangle regional
partnerships.
27

Renton
Grant Award: $65,000
Siting 4 commercial businesses from multi-year retail business attraction
Conducted a food incubator and commercial kitchen feasibility study
Downtown events contributing to increased visitation and commerce:
a new concert series,
rooftop dragon art-installation/ scavenger hunt (1,000 attendees),
"Summerfest" summer block party,
Wine Walks (1,236 tickets sold),
Small Business Saturday celebration, and winter downtown shopping events.
Faade grants program supported the creation of a pilot "parklet,"
improved storefront signage and window displays in 3 businesses
Small Business support:
Startup425 "Business Foundations Series" in Renton grew significantly to 54
attended
Hosted a "We're in Business" Spanish language entrepreneurship expo with 65
attendees
Hosted the "Creating Stellar Storefronts" seminar (26 business owners) and
offered ongoing one-on-one merchandising/storefront coaching (6 businesses),
and offered on-going e-commerce and retail trends business coaching.
Launched a regular Downtown Business Forum

28

SeaTac
Grant Award: $29,130
Expanded the "Business Synergy"
supply chain mapping and local buyer-
seller match-making program by visiting
200 new businesses
Expanded stakeholder engagement for
businesses and property owners within
the City's Central Airport Business
Services District

29

Shoreline
Grant Award: $55,000
Marketing of the Shoreline Place Farmer's
Market supported:
Increase of 9,000 visitors in 2019 (24,000 total),
a 15% increase in self-reported vendor sales and
a 9% increase in vendor fees,
and a 4.7% increase in EBT/ SNAP Fresh Bucks
spending.
Northwest Filmmaking Accelerator
positioned area short-film makers in a high-
visibility Hollywood short-film festival.
The city is organizing and inventorying music
industry and night-life assets to grow and
promote a local music and tourism scene.

30

Snoqualmie
Grant Award: $13,000
Marketed Savor Snoqualmie Valley by:
Converted the digital Historic Snoqualmie
Walking Tour into displays for downtown
kiosks.
Created reusable heritage display boards
highlighting attractions to encourage event
visitors to explore other Snoqualmie Valley
attractions.
Grew and supported the social media channels
and website.
Updated and printed the Snoqualmie Valley
Trail Brochure and the Arts and Culture Map.

31

Tukwila
Grant Award: $19,800
Created an economic conditions
briefing for the City Council with
Robust business outreach and engagement
to disadvantaged businesses and the
community
Research on business and demographic
indicators
Participated in the Kent Valley
marketing, media positioning, and
website project.

32

Woodinville
Grant Award: $11,830
Incubator study was broadened to
explore wine and adult beverage
industry challenges.
The final study explores 2 projects:
A Visitor Hub that will act as "a gateway to
the region" offering programming for
tourists
An exploration of developing an industry
cooperative to lower the cost of beverages
distribution

33

Appendix  Program
Guidelines
34

2019 Program Grant Award Utilized
Algona           $      -         Federal Way     $     58,563     North Bend     $       6,000
Auburn (part)      $     65,000     Hunts Point      $      -
Pacific (part)     $       6,875*
Beaux Arts Village  $       -          Issaquah         $      34,992
Redmond      $     64,000
Bellevue           $     49,252     Kenmore        $     22,920
Renton         $      65,000
Black Diamond    $      -         Kent           $    65,000*
Sammamish    $     -
Bothell (part)       $      18,000      Kirkland          $      65,000
SeaTac         $      29,130
Burien            $    51,850*     Lake Forest Park $      -
Shoreline        $      55,000
Carnation         $       -         Maple Valley     $     25,217
Skykomish      $      -
Clyde Hill           $       -          Medina           $       -
Snoqualmie     $    13,000*
Covington         $      7,250     Mercer Island    $      -
Tukwila         $     19,800*
Des Moines       $     1,140*     Milton (part)    $      -
Woodinville      $      11,830
Duvall             $       7,840     Newcastle       $       -
$       -
Enumclaw (part)   $      -                         $      5,705     Yarrow Point
Normandy Park                  Total POS Funds  $   778,179
Expended
35

2020 Program Grant Award Amounts
Algona           $      5,000      Federal Way     $     65,000      North Bend    $       6,965
Auburn (part)      $     65,000       Hunts Point      $      5,000
Pacific (part)   $        6,875
Beaux Arts Village  $       5,000       Issaquah         $      37,590
Redmond     $     65,000
Bellevue           $     65,000       Kenmore        $     22,320
Renton        $      65,000
Black Diamond    $      5,000      Kent           $     65,000
Sammamish   $     64,410
Bothell (part)       $      28,570       Kirkland          $      65,000
SeaTac        $      29,180
Burien            $     52,000      Lake Forest Park $     13,250
Shoreline      $      56,370
Carnation         $      5,000      Maple Valley     $     26,180
Skykomish    $      5,000
Clyde Hill           $       5,000       Medina           $       5,000
Snoqualmie    $      13,670
Covington         $     20,280      Mercer Island    $     24,470
Tukwila        $      20,930
Des Moines       $     31,580      Milton (part)    $      5,000
Woodinville    $      12,410
Duvall             $       7,840      Newcastle       $     12,450
$       5,000
Enumclaw (part)   $     12,200                      $      6,610      Yarrow Point
Normandy Park                    Total Eligible   $   1,011,150
Funding
36

Eligible Activities
Business recruitment initiatives designed to attract new companies to a
region or city;
Small business development (including incubator/accelerator projects);
Industry retention and expansion assistance Tourism development;
Downtown revitalization;
Commercial or industrial property development; and
Other community or economic development projects that support new
investment and job creation.
Projects Need to Tie to Port Business Interests
37

Program Guidelines
The awards are available to 38 cities in King County, based on a $1 per capita
formula.
Awards are capped at $65,000 with a minimum of $5,000 for small cities.
A 50% local match, with up to 25% in-kind resources, of the total Port grant award is
required.
Funds cannot be used in capital projects.
Cities may contract with local non-profits to deliver projects or manage initiatives.
Cities may collaborate or aggregate regionally to enhance impact or outcomes.

38

Program Guidelines (continued)
Projects should align with city's economic development strategy and support
the Port's Century Agenda or business interests.
Specific deliverables and costs must be identified and documented.
Port funds will be released on a cost reimbursement basis with
documentation.
Cities are strongly encouraged to discuss proposed projects/uses of funds
with Port of Seattle staff early in concept. The Port will accept applications
starting in starting after the December 13, 2018 Kick-off meeting.

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Economic Development Partnership Program

The Port expects this program to drive
Century Agenda goals through
purposeful and powerful economic
development partnerships with local
cities.


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Economic Development Partnership Program
Contacts

Contacts:  Joe Meyer, Economic Development Manager
(206) 787-3347, Meyer.j@portseattle.org
Tammy Ashcraft, Asst. to Managing Director
(206) 787-3209, Ashcraft.t@portseattle.org

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Thank you
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