We work with other regional groups that help inform, support and enhance our mission and priorities. Read on for more information on two of those organizations, the Northeast Indiana Regional Partnership and Greater Fort Wayne, Inc.
NORTHEAST INDIANA REGIONAL PARTNERSHIP
In 2010, the Regional Partnership launched the Vision 2020 initiative to bring the region together around five key areas (pillars for economic growth: 21st Century Talent, Competitive Business Climate, Entrepreneurship, Infrastructure, and Quality of Life.
Vision 2020 is a key strategy as we work to build a globally competitive region and to support our mission to increase business investment.
All of this is accomplished through the work of the Regional Partnership staff, Vision 2020 funders, the Regional Opportunities Council (ROC), the investor board for the Regional Partnership, and other community partners who support the top priorities of the region.
The Five Pillars
After benchmarking successful regions, we found there's a need for a diverse and comprehensive approach in our economic and community development. We know that no one focus area-or pillar, if you will-can effectively transform the economy of Northeast Indiana. It's all about balance. By recognizing the importance of each individual pillar and seeing how the pillars work together, real progressive changes can occur.
Each Vision 2020 pillar is supported by regional priorities. These priorities are actionable strategies to support our five pillars and our mission to increase business investment in Northeast Indiana. The five pillars and their respective regional priorities listed below were identified as key focus areas that could produce the most significant economic impact on the region.
21st Century Talent: This pillar focuses on workforce skills for a knowledge-based economy, an excellent education system, workforce retraining, a strong regional work ethic, and collaboration among businesses and educational institutions.
The Big Goal
Competitive Business Climate: This pillar encompasses globally competitive industry clusters, a diversified economy with a strong manufacturing base, a business-friendly tax and regulatory climate, and a strong regional brand.
Entrepreneurship: Our third pillar's focus is on access to venture capital; a strong regional innovation center; formalized entrepreneurship training opportunities, and support services, including research, product development, and marketing.
An ecosystem that fosters entrepreneurial-ism
Infrastructure: The infrastructure pillar zeroes in on regional planning that connects land use, transportation, and infrastructure investments. It also includes affordable energy, enhanced
Quality of Life: Our final pillar embraces vibrant downtowns, the unique character of communities in the region, the stewardship of natural resources, enhanced arts and culture, and development.
The Road to One Million
Turning Pillars into Priorities for Action
Vision 2020's regional priorities are actionable strategies to support our five pillars. Each priority focuses on long-term, progressive, and innovative opportunities for positive economic and community growth. This not only supports a thriving economy, but it also supports your business.
As we move the region forward, these are our top priorities:
GREATER FORT WAYNE, INC
Mission: Together, we're growing a more prosperous, vibrant community in Greater Fort Wayne.
Vision: Greater Fort Wayne will be recognized among the top metro centers in the country, home to innovative business, collaborative leaders, spirited entrepreneurs and a culturally rich, prosperous community.
Opportunity on the Edge of Greatness
Over the next ten years, these five projects will help increase the average wage, increase the population growth rate to 2.1 percent, and increase GDP from $30 billion to $60 billion over the next 15 years.
To date, more than 1,800 community members have signed in support of the community's efforts to get the projects completed, and move Fort Wayne and Allen County forward to become a nationally-recognized economy.
The five key projects identified include ideas that have been circulating in the community for years, and aligns them, adding an estimated price tag and timeline to each.
$85 million downtown arena, 2016-2018
$30 million redevelopment of The Landing on Columbia Street 2016-2018
$100 million Riverfront Promenade, 2017-2021
$250 million Redevelopment of the GE Campus, 2018 to 2020
$180 million STEAM Park, 2021 to 2025
This plan is expected to generate $3.5 billion in private investment over the next 15 to 20 years.