Milwaukee 7 Council Meeting

February 27, 2014

DRIVING

ECONOMIC

GROWTH

Chair emeritus Chair

Quarles & Brady Greater Milwaukee Committee

JOHN DANIELS – M7 Co-Chair

Jim LadwigCounty Executive

Racine County

Bryan AlbrechtPresident

Gateway Technical College

AGENDAM7

Business Plan

ProgressReport

SkillsGap

M7 Purpose

Globally

competitive

High-value

employment

Sustainable

quality of life

M7 WIN: Bleum Inc.

Global software development and IT services

company HQ’d in Shanghai, China

Opened its newest software development

center in Brookfield

Will provide software development, testing,

systems integration and outcomes-based

managed services for key solutions and

industries

100 jobs

M7 WIN: Toellner Systems

Manufacturer of packaging automation

systems

Relocation of HQ and mfg ops to Glendale

from Wisconsin Rapids

25 employees

Lead from another business that M7 tried to

lure to the region

M7 Illinois Campaign

Door-opener: Letter from Governor

Walker

Target: 800 manufacturers in northeastern

Illinois with 25 or more employees

43 visits since October

11 return visits from target companies

4 active M-7 prospects

M7 WIN: Kenall

Manufacturer of electrical components

Will relocate – HQ, engineering

and production – to new site in SE Wisconsin

400 jobs in 2014; 620 by 2018;

average salary $55,000

Will construct new 350,000 sf facility

Competitive process: WI v. IL

Collaborative recruitment efforts by M-7, Governor Walker, WEDC,

and local elected and economic development officials

Executive VP Operations

Kenall

Randy Hernandez

M7

41 Active Projects

Pipeline of Prospects

M7

6,000Potential Jobs

Pipeline of Prospects

Exporting

Director

Export Services

Bill Burnett

M7 Survey

M7 Export Survey

www.surveymonkey.com/s/M7_Council

M7 Global Water Center

247 W. Freshwater Way | Milwaukee, WI 53204 | 414-988-8750

Photo Credit: Kahler Slater

M7 M-WERC

Successful Transition of M-WERC into an 8 State Regional Entity

M-WERC authorized FY 14 Technology Innovation Grants ~$450k

M-WERC Board Approved Energy Innovation Accelerator

Completed Two Technology Focus Area Proprietary Road Maps

Major Milestones

Mid-West Energy Research Consortium

M7 SCALE UP

PHASE 1 ACCOMPLISHMENTS

• 24.6% Average projected increase in 2014 revenues above and

beyond initial projections by 2013 Scalerator participants

• 15+ Google Hangouts; 19 video interviews; 1700+ user views

• 7 Local, national or international print media stories;

121 online media stories; 7 TV broadcasts; 2 radio interviews

• 2 Mayoral roundtables; 15 participating entrepreneurs

• 10 Regional universities sent 24 professors to Faculty Workshop

• 75+ Attendees at Financial Stakeholder Workshop

• 210 Attendees at Corporate Venture Forum

M7 SCALE UP

PHASE 2 ACTION ITEMS

• Educational programs for growth-oriented entrepreneurs

• Communicating MKE’s entrepreneurship assets nationwide

• Working with municipal, county and state government to support

entrepreneurial growth

• Collaborating with local e.d. groups to create scale up programs

• Helping to unlock existing debt and equity capital

Skills Gap

President

Imperial Consulting

Dr. Ed Gordon

Milwaukee 7 Council Meeting

November 5, 2013

Driving

Economic Growth

NEXT MEETING:

JUNE 19MILWAUKEE COUNTY