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SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS
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SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Dec 27, 2015

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Page 1: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

SUMMARY OF CENTRAL NEW YORKREGIONAL ECONOMIC DEVELOPMENT COUNCIL

STRATEGIC PLANPRIORITY INDUSTRY CONCENTRATIONS

Page 2: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

37.7% of jobs in the SMSA are located within three miles of downtown Syracuse; 21.9% of people in Syracuse work 10+ miles from the downtown city center (Brookings, 2009)

Page 3: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Workforce Training and Alignment

Misalignment of workforce supply and demand, Advanced manufacturing Health care

The region will engage private businesses in the development of training programs and educational curricula to better align skills development with job demand.

Page 4: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Maximize Human Capital

In order to improve our global competitiveness, the region must: continue to maximize human capital, improve alignment between workforce supply and

employer demand, create and support apprenticeship programs, and attract and retain students and young professionals.

Page 5: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Priority Industry Concentrations

Clean Energy and Environmental Systems – Central New York has the 8th highest concentration of private sector “green jobs” of any region in the country and is the home to NYS’s Center of Excellence in Energy and Environmental Systems

Health and Biomedical Sciences – Our region’s hospitals directly employ more than 23,000 people and another 3,500 are employed in private, high-tech biomedical companies with average wages approaching $70,000, nearly double the region’s median wage

Financial Services – This industry employs more than 24,000 people within the existing labor market and has grown as financial services and insurance firms look for lower-cost locations for back-office operations

Agri-business and Food Processing – NYS is the third-largest producer of fluid milk and commodity crops represent more than $1 billion in sales alone. Central New York is a significant contributor and increasingly focused on value-added opportunities for agri-business

Advanced Manufacturing – Manufacturing represents 10% of the region’s total employment and subsectors such as digital electronics, radar and sensor systems serve expanding global markets for security, information technology, and defense

Tourism – Tourism is a $1 billion industry in Central New York, and current global economic conditions, including the weak dollar, create opportunities for our region to draw additional international visitors across our shared boundary with Canada and from entry points downstate

Page 6: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Clean Energy and Environmental Systems

Products and services that improve energy efficiency and indoor environmental quality in green buildings Biomass Thermal Energy Systems: Technologies and services

(including supply chains of raw materials from local sources) that utilize woody biomass to produce thermal energy.

Clean and Renewable Energy: Advancements that reduce emissions from fossil fuels, and deployment of solar and wind technologies to produce power from local sources.

Water Resources: Systems that leverage regional strengths in green infrastructure, waste water treatment, drinking water supply, remediation of polluted water bodies, and access to abundant quantities of fresh water.

Controlled Environment Agriculture: Systems that combine regional strengths in building technologies and agriculture to provide food security, locally grown protein and vegetables, reduction in carbon footprint, renewable energy, and carbon sequestration.

Nuclear Energy: CNY is one of only three regions in New York State with nuclear power plants, which have the potential to be an important strategic asset, depending on state and federal energy policies.

Page 7: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Health and Biomedical Sciences

Health and Biomedical Services

Large number of acclaimed health care institutions, High quality academic medical and nursing colleges Medical technology companies, Higher education institutions with research capability

Biosciences

University level biotechnology and life sciences research and development,

Biomedical services, Pharmaceutical manufacturing, Manufacturing of analytical instruments and medical devices, Research, testing, and medical laboratories

Page 8: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Financial Services

CybersecurityInsurance

Page 9: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Agriculture and Food Processing

2nd largest producer of corn for silage3rd largest fluid milk producer in the country5th largest producer of equine animals6th largest producer of fruits, tree nuts, berries7th largest producer of Christmas trees8th largest producer of vegetables for market

All of this must be developed, seeded, tended, fertilized, harvested, transported, processed, marketed, delivered and consumed safely

Page 10: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Advanced Manufacturing

10% of regions employmentDigital and Electronic DevicesMetals Production and ManufacturingPrecision Manufacturing

Page 11: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Tourism

One billion dollar enterprise in Central New York

ConventionsSporting EventsLeisure TravelArts and CultureSpecial EventsHospitality Services

Page 12: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Career Cluster Employment Assessment

Handout

Page 13: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Prioritize Pre-K-20 Education-Accessibility, Quality, and Attainment

Establish a Regional Institute for Business and Education Integration

Further Expand “work ready” credentialsProvide multidimensional career and academic

support to middle, high school, and first-time college students to focus career interests and increase completion rates

Support and scale programs for at risk young adults

Page 14: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Establish a Regional Institute for Business and Education Integration

Assess regional workforce gaps and business needs, particularly of small business

Coordinate regional workforce programming to address those needs.

The Institute will work with primary and secondary education institutions to align programming, training programs, and curriculum with regional workforce shortages and skills gaps in our strategic industry clusters.

Page 15: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Further Expand “work ready” Credentials

Increase the utilization of certificate and credential programs as an additional graduation outcome

Develop a process to identify the region as “work ready” using certificates.

Build on existing efforts to use the National Career Readiness Certificate and the National Work Readiness Credential in secondary and post-secondary education/training, upon which career specific certifications are “stacked.”

Page 16: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Multidimensional Career and Academic Support

Provide multidimensional career and academic support to middle, high school, and first-time college students to focus career interests and increase completion rates

Page 17: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

Support and scale programs for at risk young adults

Continue to support Say Yes to EducationExpand the On Point for Jobs program as part

of the OnPoint for College program Leverage existing internship programs and

opportunities for at risk young adults.Bring in additional partners to the “BNY

Mellon” partnership with Le Moyne College

Page 18: SUMMARY OF CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL STRATEGIC PLAN PRIORITY INDUSTRY CONCENTRATIONS.

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