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Vice President of Economic Development and Innovation

Company: Broken Arrow Economic Development Corporation
Location: Broken Arrow
Posted on: November 25, 2022

Job Description:

The Vice President of the Broken Arrow Economic Development Corporation leads the economic development initiatives of the Broken Arrow Economic Development Corporation to drive job creation and business investment in the region, providing leadership and convening resources for regional advocacy and program support at the local, state and federal levels. Additionally, this position will oversee on the development of the Innovation District and other assets to attract new business and industry in Broken Arrow. The VP will plan, organize, manage, coordinate, and implement programs and projects that support the attraction, relocation, expansion of domestic and international businesses to Broken Arrow. This person will be the point of contact for all attraction and investment related to leads and projects, from prospecting to project completion.This position reports to the President and CEO and has responsibility for the daily operation of the BAEDC, to include planning, budgeting, staff oversight, operations, board reporting and program creation and support. This position is responsible for the strategic deployment of staff and other resources in both direct and indirect support of advocacy, business attraction/expansion/retention and regional marketing and promotion activities. This is accomplished through the creation and leveraging of both private and public sector funding, leadership skills and relationships.
About the Innovation District: The 90-acre District will be a mixed-use innovation development which addresses employment, talent retention, and density opportunities in South Broken Arrow. The development will converge around a center of innovative learning through partnerships between education and private sector businesses for greater industry and talent development. The district will be home to technology-based companies and startups taking advantage of the workforce pipeline the center affords. The district will house class-A office and retail amenities which will provide greater work-based opportunities. Additionally, the district will provide collaborative green space and entertainment options for employers seeking a greater work/life balance for their employees.
Job Responsibilities

  • Directs and coordinates all activities related to business development in the city of Broken Arrow, directed by the parameters of the ED contract with the City of Broken Arrow
  • Develop and tracks annual budget
  • Manages staff through planning, delegation, evaluation, training and development.
  • Fosters and supports the creation of programming to provide educational and growth support to existing manufacturing and high-tech companies
  • Works with President & CEO to drive the development of Broken Arrow's Innovation District including land acquisition, development, program creation, and partner attainment
  • Oversees all workforce development and talent recruitment efforts to ensure that Broken Arrow companies can compete and thrive in today's economy
  • Develop an entrepreneurial ecosystem for Broken Arrow, including programs and resources
  • Develop and direct various business attraction programs which focus the city's economic development efforts on the creation of new primary jobs and new investments in various industry clusters.
  • Remain current on economic conditions, economic development programs, and other key industrial/business trends.
  • Builds and maintains a broad-based network of resource partners to provide support, direction, and growth opportunities for companies
  • Establishes and maintains relationships with federal, state, and regional leaders, business leaders, and other organizations throughout the region.
  • Identifies critical issues that may impact the growth and sustainability of existing companies, and creates and executes strategic measures to address all challenges for business retention
  • Works effectively with President & CEO and lobbyist to identify and address issues that are roadblocks to growth and attraction of target sector companies
  • Works closely with the City of Broken Arrow Economic Development staff ensuring collaboration and effective utilization of economic development resources
  • Manages staff through effective planning, delegation, evaluation, training, and development
  • Ensures compliance with all city economic development contracts and provides invoicing and reporting in a timely manner
  • Prepares and disseminates information on economic development and growth appropriately to the board
  • Participates in formulating and administering programming and policies, as well as the development of long-range goals, related to the EDC and Chamber of Commerce
  • Works with state and regional partners in efforts to attract related industry cluster companies, responding to RFPs and RFIs in a timely, efficient manner
  • Participates in Select Oklahoma and FDI teams at the state level
  • Participates and maintains board membership in economic development-based organizations
  • Works cooperatively with the Broken Arrow Chamber of Commerce to promote, host, and facilitate programming and events related to business development
  • Performs other job duties and participates in other special projects, as assigned

    Skills Required
    • Ability to make effective and persuasive presentations on complex topics to senior management, the Board of Directors, government officials, business executives, and outside funders
    • Strategic thinker with a track record of executing and implementing initiatives
    • Highly motivated self-starter that possesses strong organizational, analytical, and time management skills to be able to handle multiple projects and priorities, anticipate the needs of prospects and exhibit good follow-through skills.
    • Deadline-oriented, highly disciplined, and can self-manage
    • Strong analytical and product management skills are required, including a thorough understanding of how to work with local government and media officials
    • Excellent verbal and written communication skills, the ability to interact professionally with a diverse groups of executives, managers, subject matter experts, operations, and technical staff.
      Experience Level
      • Five to seven years of progressively more responsible experience in economic development
      • Proven track record leading economic development initiatives at the local and/or county level
      • Proven track record of retaining and attracting businesses to a location, preferably primary jobs
      • 8-10 years demonstrated previous management experience, non-profit leadership
      • Management experience in the development and coaching of staff.
      • Proven experience in developing and maintaining strategic relationships with elected and appointed officials, state and federal resource partners, and regional development groups.
      • Experience in resource planning, including budgeting, fundraising, and program development
      • Proven ability to create growth opportunities and create business and job growth strategies through influence and resources
      • Thorough knowledge and understanding of economic development practices and principles
      • Expertise in the use of data to analyze demographics and industry-related information to understand local economic conditions and forecasting
      • Strong understanding of public policy process and how government operates on a local, state, and federal level
      • Knowledge of Northeast Oklahoma preferred, including Oklahoma state incentives.
        Education Requirement
        • Bachelor's Degree in economic development, political science, public policy, urban studies, real estate, government administration, land development or master planning, or similar field. Master's degree preferred but not necessary. An equivalent combination of education, training and experience may be considered when competency is demonstrated.
        • Certification in the field of Economic Development, Planning or Chamber Management is also preferred.
          Physical/Mental Requirements
          • The BA Chamber is committed to continuous personal development including tactical skills as well as transformational soft skills. The position will require proficiency at the following EI (emotional intelligence) skills:
          • Teamwork and collaboration, self-awareness, organizational awareness, self-control, adaptability, transparency, initiative
          • Demonstrated ability to work effectively under pressure while meeting deadlines.
          • Employee is regularly required to verbally communicate
          • Specific visions abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, ability to adjust focus
          • Must be able to stand and move intermittently throughout the work day
          • Must possess sight/hearing senses to adequately perform the functions of the job
          • May be required to sit or stand for long periods of time
          • May be required to lift up to twenty-five (25) pounds
            Working Conditions/Environmental Exposures
            • Work is normally performed in a climate-controlled office or other human factors-friendly environment
            • Noise level is moderate and includes sounds of the normal office environment
            • No environmental hazards are encountered in the performance of normal job duties
            • Position requires some travel outside the state of Oklahoma via car and/or airplane
            • Ability to sit for extended periods may be required
              This job description is not intended to be an employment contract, nor does it dissolve the "at will" employment relationship.
              Base Salary and Benefits
              • The position is full-time salaried position, salary depending on experience
              • The Chamber pays for employee's basic health, dental and vision insurance
              • 401(k) plan, with % matching
              • Basic Life and AD&D insurance
              • PTO
              • Cell Phone Allowance and Transportation Allowance

Keywords: Broken Arrow Economic Development Corporation, Broken Arrow , Vice President of Economic Development and Innovation, Executive , Broken Arrow, Oklahoma

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