Since the Regional Partnership started in 2006, a lot has changed. Our region’s Vision 2020 initiative focused on reversing the downward trend of per capita income in our region. For the first time in 15 years, we have reversed that trend. The increase in per capita income from 2009 to 2014 means an additional $5 billion in personal income circulating in Northeast Indiana’s economy.
That’s the impact of working together with a united voice and a common goal. That’s the power of collaboration.
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.
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.
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 entrepreneurialism
The infrastructure pillar zeroes in on regional planning that connects land use, transportation, and infrastructure investments. It also includes affordable energy, enhanced freight, public transit, increased shovel-ready development sites, and expanded broadband service.
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.
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:
With collaboration and alignment, we can succeed together. Are you ready to join forces? Give us a call today, and let’s talk about the benefits of working together.Call Us