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Presentation — 2023 ADO Work Session Program Overview and Year End Report

Summary

This is a 2023 ADO work session presentation with a Program Overview and a 2023 ADO Year End Report. It describes a Connector program in which someone submits a help ticket, the Connector pinpoints specific business needs, and assistance providers coordinate business support. Under Business Retention & Expansion, it reports 180 interactions, serving 53% BIPOC and supporting retention of 10 jobs and creation of 12 new jobs, tracking $220,000 in private investment. It reports that Subregional Impact & Equity served 132 businesses surrounding Seattle, helping to secure $307,970 in grants. Contact information lists Vaughn Taylor, VP of Economic Development, and Rachel Smith, President & CEO.

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“Presentation — 2023 ADO Work Session Program Overview and Year End Report.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-10-06-a31385-d262744-cbc-2023-ado-work-session-presentation-8f35482606/, SHA-256 8c2b9b905ffd57166f873cf7e9451190d216f29c026af657057af659aac1985a.

Full text

                   1




Program Overview
                  Meet the Connectors




From left to right - Samantha Paxton, Lauren Nicolas, Kelly Coughlin, Zenovia
Harris, Jose Vasquez, Cesar Garcia, and Lalita Uppala

                                                                                2
        Organizations Selected
HUB 1   HUB 2    HUB 3     HUB 4   HUB 5




                                           3
                                How Does it Work?




                                                                             Business
 Small Business Owner                      Connector                        Assistance
                                                                            Providers
Someone submits a help ticket    Pinpoint specific business needs   Coordinated business support
                                      • Access to Capital
                                      • Planning & Marketing
                                      • Technology & E-Commerce
                                      • Licenses, Permits, &
                                        Government Forms
                                                                                                   4
Progress & Accomplishments
                  ●   $200,000 Evergreen Manufacturing Growth
     Grants       ●   $511,000 Weather Disaster
                  ●   $450,000 with 92% BIPOC and women-led organizations receiving contracts



                  ●   Over 300 hours of 1:1 small business interactions
    Outreach      ●   $35,000 to CBOs and local chambers
                  ●   2023 Washington Economic Development Association DEI Award



                  ●   Seven (7) business assistance events across King County
  Collaboration   ●   King County Library Welcome Desk
                  ●   King County Racism as a Public Health Crisis grant application assistance

                                                                                                  5
2023 ADO Year End Report
 Business Retention & Expansion
 180 interactions, serving 53% BIPOC and supporting retention of 10 jobs and
 creation of 12 new jobs, tracking $220,000 in private investment.
 Subregional Impact & Equity
 Served 132 (~73%) businesses surrounding Seattle, helping to secure
 $307,970 in grants, 1/3 awarded to BIPOC and women-owned businesses.
 Area Recruitment
 100+ interactions by Greater Seattle Partners, delivering mostly relocation &
 expansion (72%) and site location (28%) services, landing two companies with
 anticipated investment of $3 million.
                                                                                 6
Special Thanks
•   Chamber President & CEO, Rachel Smith

•   Port Executive Director, Stephen Metruck


•   Port Commissioners, Sam Cho, Toshiko
    Hasegawa, and Hamdi Mohamed


•   King County Executive, Dow Constantine


•   REACH King County city and county
    economic development leaders


•   Local chambers, minority and immigrant-
    centered organizations, and business
    assistance providers


                                               7
              Contact Information

       8




Vaughn Taylor                Rachel Smith
VP of Economic Development   President & CEO
206.558.3440                 206.389.7232
vaughnt@seattlechamber.com   rachels@seattlechamber.com


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