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5 on Friday: Fuel for thought

by Steve Dust, CEO, Greater Cedar Valley Alliance & Chamber

Globalization is Evolving

Globalization is still about exports, imports, and investment. The link below leads to a good article from The Boston Consulting Group about bringing global market building thinking forward to include digital influences.

Shaping Your Own Growth in the New Global Era, Arindam Bhattacharya, Dinesh Khanna, Kermit King, and Rajah Augustinraj, BCG Henderson Institute, August 17, 2017

Spoofed: Did it hurt?

I don’t know yet: I’ve had a lot of things done to me over the years. Now, I’ve been spoofed, too. Here’s what to do when it happens to your email address.

What to do when your email address sends spam, Lincoln Spector, PCWorld, June 29, 2015

October Market Insights

I receive a number of commentaries on the financial markets. This one, courtesy of Financial Decisions Group, is a good, recent video commentary on the market, generally, and the retail opportunities at Halloween, specifically.

Monthly Market Insights: October 2017, Financial Decisions Group

Performance Evaluations Are Changing

Thank goodness! Here are more observations from PWC’s strategy+business blog that caught my eye. Good stuff.

Want to Kill Your Performance Rankings? Here’s How to Ensure Success, David Rock, strategy+business, October 9, 2017

Apple Incentives, Again

This is a link to a good advocacy article for the Apple incentives that I’ve mentioned here before. Our Lisa Skubal’s comments are highlighted in this piece by Lee Enterprises’ Des Moines Bureau Chief.

UPDATE: After Apple deal, tax incentives face scrutiny, Erin Murphy, The Courier, October 9, 2017

 

TechWorks Campus Propels High-Speed Business Development with Startup Weekend Event

(Cedar Valley of Iowa) – TechWorks Campus, 360 Westfield Ave., Waterloo, will host Startup Weekend Cedar Valley November 20 -22, 2015. Startup Weekend is a 54-hour weekend event, during which groups of software developers, business managers, startup enthusiasts, marketing gurus, graphic artists and more pitch ideas for new startup companies, form teams around those ideas, and work to create a working prototype, demo, or presentation by Sunday evening.

Launch Party Kick-Off

The event will kick-off with the Startup Weekend Launch Party, Friday evening at 5:00pm. The Launch Party is an opportunity for the participants of Startup Weekend to network with each other and established Cedar Valley business leaders. The Greater Cedar Valley Alliance & Chamber and Far Reach are launch party sponsors. Alliance & Chamber investors and the Cedar Valley business community are invited to attend.

There is no cost for the launch event, but registration is needed. Register by calling the Alliance & Chamber at 319-232-1156 or on-line at www.cedarvalleyalliance.com/calendar-of-events.php.

Following the launch event, entrepreneurs will give a one-minute pitch of their business idea. Attendees will vote to decide which ideas will be developed over the next two days.

Beginning at 7:00am Saturday, teams will form around each idea. Teams will go through the customer discovery process, prototyping and testing their business model. Local mentors will come in throughout the event to coach teams and provide expertise. Meals will be provided throughout the work day and end with an after party at 10:30pm. Teams will return on Sunday morning to finalize plans and prepare presentations. That evening, a panel of judges will award prizes to the most viable business.

Local Organizers

Startup Weekend Cedar Valley is being organized by a core group of young Cedar Valley entrepreneurs: Cody Caraway, Michael Caraway, Patrick Luensmann, Keevin O’Rourke, Valyn Reinig, and Bart Schmitz. Organizers believe the event has the opportunity to bring individuals who normally wouldn’t consider themselves entrepreneurs into the growing Cedar Valley startup ecosystem. Gold Sponsors for the event include the Greater Cedar Valley Alliance & Chamber, Scientific Games Interactive, and Cedar Falls Utilities. Veridian Credit Union and VGM Forbin are Silver Sponsors. The Center for Business, Growth, and Innovation and the Creative Life Research Center of the University of Northern Iowa, Visual Logic, and Martin Brothers are Bronze Sponsors.

“The average attendee will be exposed to what it’s like to be in a startup, the demands it brings, and also the correct way to create a business model,” says Michael Caraway, “This all translates into a more innovative, lean mindset that individuals can take back to their employers. Who knows, some may even take the leap to start their own business.”

Startup Weekend Cedar Valley Powered by Mediacom

Gigabit+ Fiber Solutions from Mediacom Business will provide 5 gigabit broadband to the TechWorks Campus for Startup Weekend Cedar Valley expanding the scope of potential business concepts and allowing teams to develop high bandwidth applications without limitation.

Why the TechWorks Campus

“The Techworks Campus is the historic location for industrial innovation in the Cedar Valley and a hub for Iowa’s latest production and design technologies,” says Steve Dust CEO of the Greater Cedar Valley Alliance & Chamber and President of the TechWorks Campus. “TechWork’s Industrial Technology Center is the perfect place for entrepreneurs to launch the next great Cedar Valley success stories.”

This is the second year for Startup Weekend in the Cedar Valley. To learn more about Startup Weekend Cedar Valley, or to register, go to www.swcv.co or message Michael Caraway by email, mike@monday-creations.com.

For Blog

Startup Weekend Cedar Valley

Startup Weekend Cedar Valley

 

 

 

 

GREATER CEDAR VALLEY ALLIANCE & CHAMBER NOW ACCCEPTING NOMINATIONS FOR ANNUAL AWARDS

 The Greater Cedar Valley Alliance & Chamber announces nominations will be accepted now through  January 8, 2016 for  business awards to be presented during the 2016 Annual Celebration on Thursday, March 31st at the Park Place Event Centre.

Do you know of an individual who should be recognized for their contributions in creating a strong business climate and enhancing the quality of life in the Cedar Valley by continued service and leadership?  Has an Alliance & Chamber business or organization made an outstanding contribution to the Cedar Valley and its citizens on a continued basis or with a specific project?  You are encouraged to nominate Alliance & Chamber investors for recognition of their contributions.

“The strength of the Cedar Valley is a result of visionary, innovative leadership – individuals, businesses and organizations who are investing capital, creating jobs and making things happen in the workplace and the community. It’s important to tell their stories and recognize them for their contributions,” says Alliance & Chamber CEO Steve Dust.

Nominations are being accepted through January 8th for the following awards:

  • Business of the Year Award -(Small companies 1-50 FTE’s,
    Large companies 51+ FTE’s)
  • Harold Brock Innovation Award
  • John Deere Treating Capital Well Award
  • Fulfilling the Vision of One Award
  • Cedar Valley Partner Award

*Full-time Employees (FTE)

Winners from the 2015 event include:

      • Business of the Year (Small companies 1-50 FTE’s) – Far Reach Technologies
      • Business of the Year (Large companies 51 + FTE’s) – United Equipment Accessories, Inc.
      • Harold Brock Innovation Award: OMJC Signal
      • John Deere Treating Capital Well Award:         Farmers State Bank
      • Fulfilling the Vision of One Award – Tom Penaluna
      • Cedar Valley Partner Award: Boy & Girls Club and Hawkeye Community College
      • Legacy Award – Ed Gallagher
      • Inclusion Awards (Small companies 1-50 FTE’s) – Cadillac Lane
      • Inclusion Awards (Large companies 51 +         FTE’s) – Hawkeye Community College

Nominations for Inclusions Awards has passed.

Descriptions of the awards and nomination forms are available at the Alliance & Chamber offices or online at www.cedarvalleyalliance.com/programsandevents . For additional information, please contact Bette Wubbena at bwubbena@cedarvalleyalliance.com or 319-232-1156.

 

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Governor Branstad Recognizes Black Hawk County as Iowa’s Fourth Certified Connected Community

 

Community releases new technology action plan designed to increase technology use, promote economic development

 

CEDAR FALLS –  Today, Governor Terry Branstad and Black Hawk County and Connect Iowa officials recognized Black Hawk County as the fourth community to become a Certified Connected Community in the state and 20th in the nation. More than thirty-five residents and community leaders attended the celebration event at the Cedar Falls Utilities building where results of an assessment and details of the county’s new technology action plan were unveiled.

“Last fall, we announced our initiative to Connect Every Iowan, with the goal of making Iowa the ‘Most Connected State in the Midwest.’ The communities that will thrive in this new economy are those which take every opportunity to organize and plan to continually improve their technological capabilities. We’re here today because that is precisely what Black Hawk County has done,” said Governor Branstad.

Connect Iowa’s Connected Community Engagement Program provides a framework that communities can use to work toward Governor Branstad’s goal to Connect Every Iowan. In October 2013, he announced that the Connect Every Iowan initiative would leverage the Connected Community Engagement Program to support local broadband planning efforts in communities across the state.

“This accomplishment would not have been possible without everyone’s involvement, and I must commend the hard work and effort that this group has put towards the project over the past couple of years. This being said, Connected certification does not mark the end of a project, but rather the first step towards our community’s future,” said Kevin Blanshan, executive director of INRCOG and community champion for the technology planning team.

The Black Hawk County Technology Team has been working the past two years with Connect Iowa to assess the local broadband landscape, identify gaps, and establish actionable goals and objectives to increase broadband access, adoption, and use for families, organizations, and businesses throughout the county. The Technology Action Plan includes actionable projects and objectives for Black Hawk County to increase digital literacy, promote and expand broadband service within the community, and increase utilization of technology resources in the community.  Residents and businesses are encouraged to visit the community technology profile on the website and help project leaders populate a directory of technology assets in the county.

The program is a national model designed by Connect Iowa’s parent organization, Connected Nation, to establish a framework for broadband expansion planning at the community level. The Connect Iowa initiative is funded by the U.S. Department of Commerce NTIA State Broadband Initiative program. Connect Iowa is working to facilitate the access, adoption, and use of technology throughout the state to create a better business environment, more effective community and economic development, improved healthcare, more efficient government, enhanced education, and improved quality of life.

 

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About Connect Iowa: Connect Iowa is a subsidiary of Connected Nation and operates as a nonprofit in the state of Iowa to promote broadband access, adoption, and use. The Iowa Economic Development Authority (IEDA) is leading the initiative to increase broadband Internet access throughout rural Iowa. Connect Iowa was commissioned by the state to work with all broadband providers in Iowa to create detailed maps of broadband coverage and develop a statewide plan for the deployment and adoption of broadband. For more information visit: www.connectiowa.org.

Greater Cedar Valley Alliance & Chamber Elects Leadership

The CEO of one of the largest locally owned firms was elected to lead the Greater Cedar Valley Alliance & Chamber during its annual meeting held July 16 at the Park Place Event Center.

Tom Penaluna, CEO of The CBE Companies will chair the regional economic and community development organization through its 2014 fiscal year. Penaluna has been a board member of the Alliance & Chamber since 2008, and also was a board member of its predecessor organizations. He completed a term as chair of the affiliated Waterloo Industrial Development Association, and most recently served as vice chair of the Alliance & Chamber. Tom has asserted his leadership in the critical business – education transformation discussion by championing the Leader Valley and Leader in Me initiatives of the Alliance & Chamber. Penaluna also serves on the board of the Iowa Partnership for Economic Progress.

Other officers elected to leading the organization with Penaluna are: Vice Chair -Steve Tscherter, CEO, Lincoln Savings Bank; Treasurer-David Braton, Publisher, The Courier; and Past Chair, Kris Hansen, CEO, Western Home Communities. Steve Dust is president & CEO of the Alliance & Chamber.

The officers are joined by Rich Czarnecki, John Deere Global Director – Large Tractors; TechWorks Campus chair and former mayor Tim Hurley; and Chamber Council Chair Stacy Bentley, President – Community National Bank to form the Alliance & Chamber’s Executive Committee.

Kate Washut, partner, Far Reach, and Steen Hansen, CEO, Bossard North America were elected to the group which represents a broad spectrum of region-wide business, institutional, and local government interests. Sue Armbrecht, President – MidWestOne Bank Cedar Valley, and Chris Fereday, President – PDCM Insurance were re-elected to the board.

Washut and Hansen take the seats formerly occupied by retiring board members Dee Vandeventer, ME&V, and local attorney Hugh Field, partner in the Beecher Law Firm. “Dee and Hugh have been a part of the Alliance &Chamber leadership since its creation. The progress we’ve made in creating and delivering on the vision of a more vital, Cedar Valley economy is due in large part to the persistence and vision of business and civic leaders like Dee and Hugh,” said Dust.

Dust continues, ”Steen and Kate join others on our board who represent yet the next generation of leadership in our economy – businesses that located or started – but intending to grow – in the Cedar Valley of Iowa. They are the voices who need to chart the path for our economy moving forward,” concludes Dust.

The Greater Cedar Valley Alliance & Chamber Launches New Data Tool Resource

As part of its portfolio of business services, the Greater Cedar Valley Alliance & Chamber, in partnership with Far Reach of Cedar Falls, introduces the Cedar Valley Data Portal.

Through the Cedar Valley Data Portal website, statistics and data about the Cedar Valley, from a multitude of sources, is collected and routinely updated in one convenient location. Data available on the site includes general demographic, economic, social, and housing statistics along with a variety of additional information regarding Cedar Valley cities, seven county economic area and the state of Iowa. The site offers data comparisons through easy to create, customizable reports.

As an economic development organization, the Alliance & Chamber is the primary agent for the demographic information on the entire Cedar Valley region. It is a priority of the Alliance & Chamber to distribute this information and business intelligence in the most efficient and effective way possible. The information provided in the data portal presents the Cedar Valley as one economic region, positioning the region competitively for new jobs and investment. Site selectors from outside the region will especially appreciate the comprehensive economic and talent information available through the data portal.

“ Most companies and site selection influencers are conducting community data and property searches 24/7 and look to organizations like the Alliance & Chamber as a source.   If this information isn’t readily available on our web site, we risk a lost opportunity,”notes Alliance & Chamber Economic Development Marketing Director, Lisa Rivera Skubal. “Companies and site selection influencers don’t call economic developers until they have already made a short list of potential sites.  This interactive data portal complements our available property data base, further setting us apart.”

The data portal is also an avenue to support retail and service business with access to current information for planning.

Project History

A survey to Alliance & Chamber partner organizations such as utility partners, the Iowa Economic Development Authority, and the Cedar Valley Regional Partners showed need for such a system. From there, Far Reach developed the system for the Alliance & Chamber.

The Greater Cedar Valley Alliance & Chamber is responsible for updating the information provided on the data portal. Alliance & Chamber staff  use national reporting sources, such as the Bureau of Labor Statistics, US Census Bureau, Council for Community and Economic Research and Iowa Workforce Development to aggregate data. Far Reach Technologies will continue to providing reporting and analytics to guide the growth and enhancement of the site.

“The Alliance & Chamber works with these stats every day. The ability to collect, update, and distribute this kind of comprehensive business intelligence is bedrock to what our organization does. This is not only a value added benefit to our investors, the Cedar Valley Data Portal is a critical resource for attracting new business and talent to the Cedar Valley,” comments Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber.

The Cedar Valley Data Portal can be found by going to www.cedarvalleyalliance.com,  http://data.cedarvalleyalliance.com/DataPortal.aspx. For more information on the Cedar Valley Data Portal and other information services provided by the Alliance & Chamber, contact Taylor King at tking@cedarvalleyalliance.com or 319-232-1156. Far Reach can be found on the web at www.farreachinc.com.

 

Far Reach was awarded a 2013 Gold ADDY Award from the American Advertising Federation – Cedar Valley on February 21 in the category of Digital Advertising, Websites, Business to Business. The award was given for a website completed in partnership with the Greater Cedar Valley Alliance and Chamber. CedarValleyLife.com is a site developed to market the Cedar Valley region to businesses considering a move to the area. Over 250 entries competed for the awards this year. The Cedar Valley Life website is one of fifteen entries to move on to the district ADDY competition.

Visit cedarvalleylife.com here.

Creating The Place to Start A Business.

By: Steve Dust 

The Cedar Valley economic area thrives on successful businesses that began one day when its owner said, “I can do that – better.” Some of these former startups are still identified with the owner – while others have grown into international business powers.

All over the Cedar Valley there are examples of people who are passionate about something, determined that no one can do it any better than they, and opened a business to prove it – people like the Bertch family, the Far Reach Technologies partners, or Van Miller’s growing-every-day-into-something-different VGM, or the CBE Group, or Mudd Advertising, or….

As their business grew, each of them discovered the value of our government relations, information, education, and networking resources, the market growth spurred by ongoing promotion,  and all the other things your professional team does to make the Cedar Valley a vibrant place for business startup and growth.

An observer of business startup and growth trends in the US, Brad Feld, recently wrote, Startup Communities – Building an Entrepreneurial Ecosystem in Your City. Based on his decades of starting businesses, becoming an early stage venture capitalist, and now known for his highly (some would say outrageously) successful Foundry Group in Boulder, CO, Brad eloquently writes about the role of organizations like the Alliance & Chamber in creating and sustaining that Entrepreneurial Ecosystem mentioned in the title.

The very best role the Alliance & Chamber can play to foster a robust Startup Community – that encourages a faster rate of business startups and attracts more people with the desire to take the entrepreneurial plunge is: Cheerleader and Feeder. In other words, Support.

  • Work on economic vitality – grow the market! Create a place where startups have the best chance of success: work on infrastructure like broadband, and amenities to create a vibrant,  economic base
  • Make connections – directly, to new sales or service opportunities, or indirectly with exposure to customers and vendors and service providers through networking events, and to other feeder organizations – like UNI’s Center for Business Services and SCORE.
  • Inform them – with inexpensive access to high quality service providers in educational sessions on topics of interest to new businesses – like healthcare reform, social media tools, or the like – delivering info those new business owners will use to increase business results and avoid pitfalls.
  • Work with local and state government to keep them out of the way of business startup and success. Though almost always well intentioned, government gets in the way of startups and growing business with the increased cost of complying with or being constrained by this rule or that

policy/ordinance/statute.

  • Be the gathering place for startup community leaders. The leaders of our start up community must be people who have recently started their own businesses. As busy as they are, other owners of startup businesses are the best to relate to and offer actionable advice on the startup experience. The Alliance & Chamber is the platform – the roost – for emerging entrepreneurs to gather, and share their own experiences. It’s also great feedback for the Alliance & Chamber to build its Cedar Valley Start Up action agenda.

Believe me: there’s a lot of competition among places for business startup activity.  We, and they, understand the economic power of startups, and the culture it engenders for addressing social as well as economic issues. Your Alliance & Chamber is motivated and equipped and working to ensure that the Cedar Valley economic area is an attractive place to take that giant step – the one taken by every person when they’ve uttered the words, “I’m starting a business.”

 

 

 

 

 

GCVAC Investor Company Far Reach Partner Kate Washut Wins Women of Innovation Award

Cedar Falls–Kate Washut, Partner at Cedar Falls-based Far Reach received a Dupont Pioneer Iowa Women of Innovation Award.  Washut won the award in the category of “Entrepreneurial Innovation & Leadership.”   The Iowa Women of Innovation Awards are presented annually by the Technology Association of Iowa and recognize women who are leaders in science, technology, engineering, or math.

 

Winners and finalists were honored at a dinner and ceremony in Des Moines on November 15.   Washut was recognized for her accomplishments in technology, including starting her company Far Reach with four other partners in 2007.  Far Reach is based in downtown Cedar Falls and offers web design and development services, custom software development, mobile technology solutions, and technology and marketing consulting.  Washut was also instrumental in the development of two additional companies, Hired Hand Software and Nu Squared Software.   Washut worked with other technology leaders in the Cedar Valley to establish the Cedar Valley TechBrew.  This event attracts around 100 attendees each month for idea sharing, networking, and start-up promotion.

 

The Technology Association of Iowa (TAI) is a professional service organization that strives to strengthen Iowa’s technology ecosystem and enhance the state’s reputation as a technically advanced place where world-class technology firms and organizations thrive. TAI’s Women of Innovation Awards is in its fifth year of honoring Iowa women.

 

For more information contact Sue Munnik at 319.273.8060, ext. 112, or sue@farreachinc.com.

 

More info:

http://farreachinc.com

http://www.technologyiowa.org/en/events_services/iowa_women_of_innovation/2012_women_of_innovation/

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