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Indian River County Community Development <br /> Voltedg�QM Positioning Analysis, e <br /> May 13. 2014 <br /> PHASE 1 <br /> Task Items To Include Product Due Date <br /> 4. Brief Assessment of Briefly review and assess the County's current <br /> County's Target Target Industry list, and recruitment and retention <br /> industries efforts by Indian River County, its municipalities Report#3; <br /> and the Indian River County Chamber of Summary report <br /> (What Companies the Commerce, with November 14, <br /> County is or should be 2014* <br /> pursuing) Identify industry clusters that have developed/ recommended (Approx. 3 to 4 <br /> expanded in Indian River County over the past changes to months after <br /> ten years. Identify industry clusters developing in Target Industry contract <br /> adjacent counties. List execution <br /> Identify new target industries that the County Report due: <br /> may want to consider pursuing more November 14th <br /> aggressively. Provide the associated business <br /> case for each recommended change. <br /> Ady Voltedge Proposed Solution Investment <br /> Consultant will review your current target industries and look at the research <br /> completed to date (e.g., on-site visit, business and community interviews, <br /> asset mapping, positioning, etc.)along with recent expansions and <br /> relocations in the county to determine if the current industries still make sense $4,000 <br /> and if there might be additional industries that would be a good fit, Report <br /> item resulting from this step will be a written assessment of the County's <br /> target industries, which will be completed and provided to the County by <br /> November 141h, 2014 <br /> optional Items—NOT PART of CONTRACT Unless Approved by BCC Investment <br /> as part of a future addendum <br /> New Target Industry/Cluster Analysis: Starting from scratch (no bias on <br /> specific target industries)consultant reviews all of the research conducted to <br /> date (quantitative and qualitative) and also perform an economic base <br /> analysis to understand which industries are most prevalent in the county.This <br /> analysis takes the 2-digit NAICS code level and looks at the size and growth $16,000(in <br /> of the industries over a 5-year period and compares specific criteria with that addition to <br /> of the region, state and U.S. proposed <br /> solution) <br /> From there, consultant dives deeper into key industries and also look at <br /> industry trends and assets of the county to determine the best fit. This also <br /> includes specific target industry asset maps for the county and industry <br /> specific positioning statements for the county. <br /> 92 <br />