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LVGEA Releases its Strategic Plan, Announces Investment Campaign
Last week, the LVGEA released its Strategic Plan and announced the creation of the Engage Southern Nevada, a three year effort to raise $7.5M for regional economic development.
The LVGEA Strategic Plan was developed primarily to achieve the goals and objectives set out in the LVGEA’s three guiding documents: the Southern Nevada Comprehensive Economic Development Strategy, the LVGEA Marketing Strategy, and the LVGEA Investment Strategy. The plan also informs the funded priorities in the LVGEA budget. The LVGEA Strategic Plan was approved in September of 2013 by the LVGEA Executive Committee.
In order ot meet the goals of the Strategic Plan, the LVGEA needs to raise more money. The Engage Southern Nevada campaign aims to do just that. In the coming weeks, the LVGEA will announce new investor levels and new ways to engage with the organization. For more information email Terrrence Thornton, Director of Investor Services and Development at engagesouthernnevada@lvgea.org.
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TEAM MEMBER SPOTLIGHT
Jonas Peterson
Hired in July, Jonas Peterson is the newest member of the LVGEA team. Prior to joining LVGEA, Peterson served as President/CEO of the Santa Clarita Valley Economic Development Corporation (SCVEDC). During his tenure, SCVEDC quickly emerged as one of the most productive economic development organizations in California.
Peterson has conducted considerable research on comparative advantage and quantitative marketing. Previous publications include “Minding Our Own Businesses: a Practitioner’s Guide to Regional Business Retention and Expansion,” and “Recruiting California: Why Business in the Golden State Responds to Quantitative Marketing.”
Jonas received a M.S. in Community and Economic Development from Pennsylvania State University and a M.B.A. from North Dakota State University. He is a Certified Economic Developer (CEcD), graduate of Oklahoma University’s Economic Development Institute (OUEDI), graduate of Stanford University’s Executive Program and a Certified Business Retention and Expansion Consultant.
In 2010, Jonas was recognized as Arizona’s “Economic Developer of the Year” by the Arizona Association for Economic Development and as the “New Economic Developer of the Year” by the International Economic Development Council. As Chief Operating Officer, Jonas will lead Southern Nevada’s Regional economic development team.
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LVGEA Partners with Business and Labor to Support Regional Infrastructure Development
A strong economy begins with high quality transportation infrastructure. That’s why, in February, the LVGEA Executive Committee took a bold step and voted to endorse AB413, legislation that would authorize the Clark County Commission to index the local fuel tax to inflation. The LVGEA has never been in the habit of endorsing legislation, much less endorsing a tax increase, but this legislation was different.
Through indexing, our community will invest in connections to the region and ensure its long-term economic health.
On September 3rd, the Clark County Commission voted 6-1 to index the Clark County Fuel Tax to inflation. The extra revenue raised from this ordinance will be used on more than 180 transportation projects and create thousands of jobs. By voting for indexing, our County Commission made it possible to finish Nevada’s portion of I-11 and plan for the Global Business District. Their vote makes it possible to raise the Beltway to freeway standards, complete the Airport Connector, improve transit in the urban core, and build a new freeway exit in Mesquite to better facilitate truck traffic.
Please take a moment to thank the Clark County Commission for their good work on this measure, and thank you for your support on this important issue.
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Want to be featured in our newsletter or on our website? If so, please drop us a line at info@lvgea.org.
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A Message from Tom Skancke, President & CEO of the LVGEA
 Over the past 9 months, the LVGEA has experienced a great deal of change. We’ve changed our name, doubled the size of our staff, launched a new website, and worked with our community partners to draft an all new Comprehensive Economic Development Strategy (CEDS).
In February, we moved from our old offices at the Marnell Corporate Center to our new location at the Rob Roy inNEVation Center. Through a very generous contribution from Switch, we are receiving this space free of charge; unfortunately, we are still on the hook for our old office space.
For those not familiar with the Marnell Corporate Center, it is Class-A office space in a great location, just off Sunset Road near the I-215 Airport Connector and I-15. Our old 3,500 square foot office would be perfect for many different types of business, and we would be happy to work with anyone who is interested in the space. Should you know of any individual or company interested in our old office space, please have them contact Carol Cooper at 702.791.0000.
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Upcoming Events
The LVGEA Annual Dinner featuring Governor Brian Sandoval and many more. Friday, November 15, 2013 at Aria Resort & Casino. For sponsorship information, click here.
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About the Las Vegas Global Economic Alliance: The Las Vegas Global Economic Alliance is a 501(c)6 membership organization dedicated to growing the economy in Southern Nevada through connectivity, community development, and strong business recruitment, retention and outreach. LVGEA’s vision is to help Southern Nevada residents thrive in a global economy by fostering a more prosperous, diverse and connected regional economy. For more information, call 702.791.0000 or visit www.www.lvgea.org. The LVGEA is located in The Rob Roy inNEVation Center powered by Switch.
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Breanna Bensoua