New Businesses Unveiled at Walter E. Washington Convention Center in DC

Mayor Muriel Bowser and other local authorities in the District of Columbia joined Events DC, the convention and sports authority for the District, to announce six new retail and restaurant tenants that will occupy spaces that have been vacant for years at the Walter E. Washington Convention Center.

Walter E. Washington Convention Center, DC

Walter E. Washington Convention Center, DC (photo -APK like a lollipop)

By filling 100 percent of the available space at the Convention Center’s street-facing retail establishments, Events DC is demonstrating its dedication to the Shaw community, while contributing to Washington DC economic development.

Collectively, the new leases with these businesses represent a 10-year revenue of $7 million for the District.

“The realized potential of the convention center’s retail is yet another sign of DC’s economic vibrancy,” said Mayor Bowser said in a release. “I’m excited to see District-based businesses bring new services to residents and tourists in the Shaw neighborhood.”

The new tenants at the convention center are as follows:

Unconventional Diner – A locally owned and operated high-end diner concept founded by two DC residents and business owners.

Union Kitchen Grocery – A locally inspired corner market that will be expanding the brand’s footprint to the Shaw neighborhood.

Union Kitchen Grocery – This new location will add to their existing location in the Capitol Hill neighborhood.

Smoked & Stacked – A fast-casual sandwich shop that will showcase in-house brined and smoked pastrami.

Morris – This will be a craft cocktail bar, featuring notable DC-based chef and restauranteur, Spike Mendelsohn, and will be an expansion from their Sheppard concept which had its original location in Dupont Circle.

Urban Athletic Club and Composition ID – A fitness marketplace and health diagnostic center. This new location will add to Urban Athletic Club’s existing locations in both Georgetown and Glover Park.

A Barbershop Concept – This firm will relocate their existing location in the Shaw neighborhood.

These businesses add to the success of the District in attracting projects, as demonstrated by the recent DC economic development mission to China. Mayor Bowser was joined for the at the Walter E. Washington Convention Center announcement by several key business leaders and organizations, including those that joined the Mayor on the China mission.

Max Brown, chairman of the board of Events DC, added that “On behalf of Events DC, we are thrilled to activate and fill the Walter E. Washington Convention Center’s retail spaces with a blend of tenants that will serve the Shaw neighborhood, the rest of Washington, DC and our visitors from across the country and globe.”

Sun Paper and Arkansas Governor Sign Letter of Intent For $1.3B Pulp Mill Project

Arkansas Governor Asa Hutchinson and Chairman and Founder of Sun Paper Hongxin Li have signed a letter of intent of investment cooperation for a $1.3 billion pulp mill project by China-based paper company Sun Paper in Arkansas.


Arkansas (photo – BFS Man/flickr)

Through this letter, Sun Paper commits to studying the feasibility of building a $1.3 billion pulp mill in south Arkansas, which would be their first facility in North America.

The Governor’s Office and the Arkansas Economic Development Commission will be working closely with the company as they finalize details for the location of this project.

The Letter of Intent was signed during an Arkansas trade mission to Asia led by Gov. Hutchinson. “This is another great example of how important these trade missions are in marketing Arkansas to the rest of the world,” said Gov. Hutchinson in a release. “Our time with Sun Paper in China was invaluable as we learned more specifics of the company’s plans for the next several months. As with all prospective projects, working through site location questions is a thorough process and we look forward to continuing to work with the company’s leadership to provide everything needed to make an informed decision.”

Should Sun Paper decide to go ahead with locating a new $1.3 billion factory in Arkansas, it would be comparable to Big River Steel’s investment currently under construction in Mississippi County, AR.

Also present for the Sun Paper Letter of Intent signing ceremony were Arkansas Economic Development Commission Executive Director Mike Preston, U.S. Secretary of Commerce Penny Pritzker, and U.S. Consulate General Charles Bennett.

The employment projections for the project are still under discussion. Shandong, China-based Sun Paper already employs more than 10,000 people worldwide. The company is one of the most advanced transnational enterprises of paper making and integrator of forest-pulp-paper, and one of the biggest private enterprises in China.

The company is listed on the Shenzhen Stock Exchange, with core businesses of paper making, chemical industry, foreign trade, power generation, R&D, forest-paper, hotel and investment, among others. The total capital of the company is 26 billion Yuan RMB, and their capacity of pulp and paper production is 4.6 million tons.

The head office of Sun Paper is located in Yanzhou, in Shandong Province. They have 15 branch companies located in China, Southeast Asia and the USA.

Alberta Unveils Climate Leadership Plan With Cap on Oil Sands Emissions

Alberta Premier Rachel Notley has unveiled a Climate Leadership Plan that accelerates the province’s transition from coal to renewable electricity sources, while putting in place emissions limits for the oil sands.

Alberta Climate Leadership Plan

Alberta Climate Leadership Plan (photo –

The carbon pricing scheme is likely to have an impact on Alberta economic development in many different ways.

The energy sector in general and the oil sands in particular are key drivers of the booming economy. On the other hand, the collected revenue is likely to help fund plans for sustainable growth and the transition to renewable electricity sources, in addition to helping those affected by these changes.

Alberta will phase in this pricing in two steps, starting with a $20 per metric ton economy-wide pricing in January 2017, and followed by a $30 per metric ton pricing in January 2018. The overall limit for oil sands emissions has been set at 100 megatonnes.

One hundred percent of the proceeds from carbon pricing will be reinvested in Alberta. A portion of collected revenues will be invested directly into measures to reduce pollution, including clean energy research and technology, green infrastructure such as public transit, and programs to help Albertans reduce their energy use.

Other revenues will be invested in an adjustment fund that will help individuals and families make ends meet, provide transition support to small businesses, First Nations, and people working in affected coal facilities.

The Climate Leadership Plan is based on the recommendations of the Climate Change Advisory Panel led by Dr. Andrew Leach, which heard from thousands of individual Albertans and stakeholder groups this fall.

One of the primary goals of the Plan will be to phase out all pollution created by burning coal and transition to more renewable energy and natural gas generation by 2030. Two-thirds of coal-generated electricity will be replaced by renewable energy, primarily in the form of wind power.

All told, renewable energy sources will comprise up to 30 per cent of Alberta’s electricity production by 2030. Alberta will also implement a methane reduction strategy to reduce emissions by 45 percent by 2025, as compared to a baseline level of 2014.

“We are going to do our part to address one of the world’s greatest problems,” said Premier Rachel Notley, in a release announcing the Climate Leadership Plan. “We are going to put capital to work, investing in new technologies, better efficiency, and job-creating investments in green infrastructure.”

Minnesota Economic Development Dept Awards $11M Grants For Broadband Projects

The Minnesota Department of Employment and Economic Development (DEED) has awarded $11 million in grants for projects to expand broadband access in 15 Greater Minnesota communities.


Broadband (photo – Sean MacEntee/flickr)

The grants will be provided through a Minnesota economic development initiative called the Border-to-Border Broadband Development Grant Program, which was signed into law by Governor Mark Dayton last year in May.

The program’s first round of funding awarded $19.4 million to 17 Greater Minnesota communities. This year, DEED received 44 applications totaling more than $29 million in funding requests. Recipients were selected based on an internal review and scoring process.

This latest round of broadband grants will improve access to high-speed broadband for 3,222 households, 786 businesses and nearly 90 community institutions throughout the state.

Lt. Governor Tina Smith said in a release that “Broadband Internet access isn’t just nice, it’s necessary for Minnesota businesses to grow and our students to thrive. While these grants are a good start, significant need remains.”

The largest grant award this year of $4.95 million was for Federated Telephone Cooperative for a $12.5 million project covering parts of De Graff, Swift Falls and rural parts of eastern Swift County. With nearly $5 million in state funding, the rest of the funding will be provided by a loan from Swift County to Federated.

This project will deliver high-speed Internet service to 600 households, 425 businesses and 75 community institutions. As a result, more than 500 jobs are expected to be created over the next few years related to farming, home-based startups, commercial expansions and more. Nearly half of the county’s 800 farms are in the project area.

The full list of broadband grants awarded this year is as follows:

BEVCOMM Cannon Valley Telecom – Rural Freeborn Fiber-to-the-Premises Project, $149,625;

BEVCOMM Blue Earth Valley Telephone – Rural Winnebago Fiber-to-the-Premises Project, $142,690;

Consolidated Telecommunications Co. – Fort Ripley Phase II, $759,525;

Federated Telephone Cooperative – Swift County FTTP 2015, $4.95 million;

Halstad Telephone Co. – Gentilly Township, $424,460;

Hiawatha Broadband Communications – Whitewater area in Winona County, $247,000;

Midcontinent Little Fork Middle Mile – $277,448;

MVTV Wireless Middle Mile – Southwestern Minnesota, $808,080;

New Ulm Telecom – Goodhue Fiber Project, $115,934;

Otter Tail Telcom – Fergus Falls 864, Highway 59, $295,432;

Otter Tail Telcom – Highway 59/94, $164,207;

Paul Bunyan Central Itasca County Fiber – $1.98 million;

Runestone Telephone Association – Holmes City, $189,990;

West Central Telephone Association – Highway 71 Wadena North Expansion Project, $189,525; and

Winona County Hiawatha Broadband Communications – Cedar Valley Area, $314,450.

Minnesota Department of Employment and Economic Development Commissioner Katie Clark Sieben noted that “By gaining access to broadband, these rural communities will increase economic development, improve living standards and enhance education and public services.”

Governor’s Northern Wisconsin Economic Development Summit in Trego, WI

The ninth annual Governor’s Northern Wisconsin Economic Development Summit is scheduled to be held on Dec 1, 2015 in Trego, WI.

The Northwood’s summit brings together key stakeholders, including state agency leaders and staff, representatives from the University of Wisconsin and Wisconsin Technical College Systems, state and local chambers of commerce, government officials, businesses, tribal representatives and others.

Governor Scott Walker will kick off the one-day summit with an opening address. “Our administration has focused on key issues that benefit residents and businesses throughout northern Wisconsin, and we look forward to the Northern Wisconsin Economic Development Summit, where we’ll discuss how we can continue to move Wisconsin and this part of the state forward,” said Gov. Walker in a release announcing that registration for the Northwood’s Summit is now open.

In fact, the Governor’s opening address will be followed by a discussion about the Future Wisconsin Project, which takes a comprehensive look at what Wisconsin will look like in 20 years, and what can be done now to grow the state’s economy and prepare workers for the future.

The Wisconsin Manufacturers and Commerce Foundation, Wisconsin Technical College System, and UW-Green Bay will lead this discussion, and will highlight a number of shared workforce development initiatives, including the new Engineering Technology program at UW-Green Bay.

After this discussion, the Summit participants will be joining one of five breakout sessions. The session topics include Broadband for Businesses and Telecommuters; Access to Capital for Community and Economic Development; Recreational Trail Development and Promotion; Opportunity and Prosperity for All: Special Populations; and one more about, the state’s online public labor exchange.

In the Access to Capital session, key leaders from the Wisconsin Housing and Economic Development Authority (WHEDA), the Wisconsin Economic Development Corporation (WEDC), and the Wisconsin Department of Administration (DOA) will provide an overview of state resources for economic development and housing.

Similarly, two post-lunch sessions will feature leadership from participating state agencies providing a briefing on the key issues within their agency as they pertain to northern Wisconsin. Attendees will also have the opportunity to ask questions of state agency leaders and interact one-on-one with agency leaders and staff.

Also new this year is that members of Governor Walker’s cabinet will be traveling during the week of the summit to visit businesses, local governments, and tribes throughout the Northwoods to highlight success stories and hear from local businesses and residents.

What: Northwood’s Summit

When: Dec 1, 2015

Where: The Heartwood Conference Center and Retreat, Hoinville Rd, Trego, WI 54888

Aerion Jet Assembly Site Selection Criteria Favor Mobile, Alabama

A trio of announcements released in quick succession by Aerion Corporation, which is developing supersonic business jets, provide more details about the company’s site selection process for its proposed jet manufacturing plant project.

Aerion AS2

Aerion AS2 (photo –

The latest news that brings some urgency to the Aerion factory site selection process is that Flexjet has placed a firm order for 20 of Aerion’s AS2 aircraft.

The Aerion AS2 business jet will be the first commercially available supersonic business jet, and Flexjet will be the first fleet purchaser of the AS2.  It has a top speed of Mach 1.5, which is 67 percent faster than the top cruise speeds of current or anticipated long-range subsonic jets. Carrying eight to 12 passengers, the $120 million AS2 will take you from New York to London in three hours.

The second announcement was that Aerion and Airbus Group, Inc. have entered into a new agreement that will expand Airbus North American resources available to the AS2 program. This builds on the collaboration the two companies kicked off a year ago to develop the Aerion AS2 Mach 1.5 supersonic jet.

That collaboration agreement has now been expanded to cover support from Airbus Group operations in North America, including in engineering, procurement and supply chain management, logistics planning, program management, and government relations.

The third piece of news was about the details of the Aerion factory site selection process. Aerion CEO Doug Nichols announced in a release that the company has begun a formal search for a U.S. manufacturing location.

“We’re looking for a state-of-the art campus of more than 100 acres on a major airport with a minimum 9,000-foot runway, and other special geophysical requirements,” said Nichols.

One of their requirements is proximity to a deep-water port for shipped structures and equipment, which neatly ties in with their requirement for a location within 200 nautical miles of a supersonic flight test area, most likely one offshore.

Other stated criteria include airport suitability, road and rail infrastructure, local aerospace workforce, state and local regulations, quality of life, and regional educational institutions.

Airbus Group will provide major components for the jet, and Aerion will conduct final assembly. Aerion will draw on expertise from Airbus Group for establishing the new Aerion production facility.

Allan McArtor, Chairman and CEO of Airbus Group, Inc., said in a release that “Under our new agreement, our two companies are working as one to bring Aerion’s supersonic AS2 to the business jet market.”

The project looks like it has been crafted specifically for Mobile, AL. Apart from the advantage of being home to the Airbus manufacturing plant, Mobile also offers a deep-sea port, a skilled local aerospace workforce, and neatly brackets every other criterion the company has specified.

But there are plenty of cities and states as far afield as Kansas and Florida that are vying for the Aerion jet factory, and have their own advantages. Wichita, KS, for example, is where Aerion Co-chairman Brian Barents was based for a large part of his career, and Wichita also has an Airbus engineering center.

An investor group led by billionaire Robert M. Bass formed Aerion in 2002. The company, which is headquartered in Reno, NV, expects to announce the location of the assembly site in the first half of 2016 upon formal launch of the AS2 program, and will break ground in 2018. Aerion projects first flight of the AS2 in 2021, with entry into customer service in 2023.

Durham, NC Economic Development Incentives Secure WillowTree Expansion

Mobile app developer WillowTree, Inc. announced the selection of Durham, NC as the location for an expansion of its operations.

Willow Tree Apps

Willow Tree Apps (photo –

Supported by State of North Carolina grant and City of Durham economic development incentives, the company plans to invest at least $245,000 for the expansion and will be creating 98 new highly skilled and good paying jobs.

While compensation varies by position, the new jobs will average $83,333 per year in pay. By comparison, the prevailing annual average wage in Durham County is $66,599. The new positions will primarily be filled through recruitment from both local universities and IT/software bootcamps/workforce development programs.

WillowTree CEO Tobias Dengel said in a release that after an exhaustive search for a new location that offers a high-tech, design-focused culture and attracts world class talent, it became clear that the city of Durham and the state of North Carolina were a perfect match for our needs.

“We are incredibly excited to partner with the city and the state to continue to rapidly grow the WillowTree mobile design and development team,” added Dengel.

Charlottesville, VA-based WillowTree was founded in 2007, and is now among the largest US mobile application development companies. WillowTree is consistently ranked by Inc. magazine in the 500/5000 list of fastest growing US companies.

Governor Pat McCrory said in the release that one of the nation’s fastest-growing companies has decided to grow in North Carolina. “The sky is the limit for companies like WillowTree as mobile apps become increasingly central to the way businesses communicate with consumers,” added Gov. McCrory.

In order to secure this expansion, North Carolina and Durham have offered the company a package of state and local incentives. For its part, the State is providing a performance-based grant of up to $73,500 from the One North Carolina Fund.

The Durham City Council has likewise approved an economic development incentive agreement with “Project Cavalier” that authorizes the City Manager to negotiate a total incentive payment amount not to exceed $73,500, at $750 per job.

In addition to the City of Durham, North Carolina Commerce Dept. and the Economic Development Partnership of NC, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, and the Greater Durham Chamber of Commerce.

N.C. Commerce Secretary John E. Skvarla, III noted in the release that skilled IT workers are a key driver for mobile app development businesses. “The choice by WillowTree to grow its Durham workforce is clear evidence that the company is impressed with the talent it found in North Carolina,” said Secretary Skvarla. “

London Trip Nets Another Jacksonville, Florida Economic Development Project

International recruiting services firm Resource Solutions has announced plans to open its next Global Service Center in Jacksonville, FL.


Florida (photo- DonkeyHotey/flickr)

The project, which is subject to approval of State of Florida and Jacksonville economic development incentives, will bring 75 new skilled jobs to the city.

Resource Solutions has filed plans with the Jacksonville City Council for the project, which was finalized last month during a City of Jacksonville economic development mission to London.

Jacksonville Mayor Lenny Curry said in a release that during their recent visit to London, they were afforded the opportunity to present Jacksonville as a city committed to increased economic development opportunities, improved quality of life for citizens, and a skilled and talented workforce.

“Their selection of our city as the newest addition to their global footprint strengthens Jacksonville’s position as a global destination for international business expansion,” added Mayor Curry.

As part of the Robert Walters Group, Resource Solutions has considerable resources at its disposal and operates from a network of 24 countries globally, managing a recruitment budget of over $3.5 billion on behalf of clients and hiring more than 20,000 employees for them each year.

The Global Service Center in Jacksonville will serve the U.S. market and, as the market share in the U.S. grows, so will the Jacksonville operations. The new Jacksonville GSC will be their fourth one, joining existing GSCs in Johannesburg, South Africa; Manchester, U.K.; and Hyderabad, India.

Janine Chidlow, Managing Director, EMEA and Americas at Resource Solutions, said in the release that “We have been impressed by the proactive approach taken by the Mayor and the JAX Chamber to bring new businesses into Jacksonville, and we are confident we will find the skilled and dedicated recruitment professionals we need to make our North American GSC a success and maintain our focus on quality.”

The Jacksonville delegation, which included Mayor Curry, City Council President Greg Anderson and leaders from the business community, traveled to London last month to be there in time for their third trip in conjunction with a Jacksonville Jaguars home game in London.

While there, the delegation met with several companies including Resource Solutions, and finalized the deal there itself.

JAX Chamber Chair-Elect Audrey Moran said in the release that these are the types of projects they can attract to Jacksonville when they make a concerted effort to call on international companies and talk to them about the wide open opportunities and global economy in Jacksonville.

“This is an important announcement for Jacksonville and I look forward to more announcements from our London trip in the coming months,” added Moran.

Macomb Innovation Fund Fuels Detroit Area Economic Development

The Macomb Innovation Fund announced that it has awarded $300,000 in funding for five early-stage companies from Macomb, Oakland, Washtenaw and Wayne counties in Michigan.

Macomb Innovation Fund

Macomb Innovation Fund (photo

The Innovation Fund is a $2.7 million effort to stimulate regional Detroit economic development and job growth among promising entrepreneurs and next-stage companies in the area with high-growth potential.

Funding for this Fund is provided by Macomb Community College’s Strategic Fund and JPMorgan Chase, as part of the company’s $100 million commitment to Detroit’s economic recovery and development initiatives.

Companies funded by the Innovation Fund are required to provide internships or learning experiences for Macomb Community College students. So students not only have the opportunity to develop valuable workplace skills, but will also gain first-hand exposure to entrepreneurship.

The five latest companies awarded funding through the Innovation Fund are:

Banza – Detroit-based Banza produces pasta from chickpeas that provides 25 grams of protein and 13 grams of fiber per serving with half of the net carbohydrates found in regular pasta. The company has been awarded $100,000 through the Innovation Fund.

Lighthouse Molding – Sterling Heights-based Lighthouse Molding has developed a low-pressure overmolding technology that encapsulates and protects electronic assemblies from water, humidity, shock, vibration, thermal variation, dust and dirt. The company has been awarded $100,000 through the Innovation Fund.

PHASIQ – Ann Arbor-based PHASIQ has designed a method of diagnostic testing for a variety of proteins in a single patient sample, providing advantages over the current process of testing for proteins one at a time. The company has been awarded $50,000 through the Innovation Fund.

Pro:Up – Detroit-based Pro:Up is an online marketplace that matches students to extracurricular opportunities related to their educational and career objectives. The company has been awarded $25,000 through the Innovation Fund.

Sterilogy – Bloomfield Hills-based Sterilogy has developed a hand sanitizer system with an electronic compliance system for health care workers. It not only records compliance with hygiene protocols, but also prompts compliance if the healthcare worker does not follow the protocols. The company has been awarded $25,000 through the Innovation Fund.

These five companies were selected from a field of 27 qualified applicants. Each went through a two-stage process, pitching first to a screening committee. Final award recommendations out of the companies that made it through the screening round were then made by a selection committee comprised of area professionals.

This is the second round of funding awarded by the Innovation Fund, following an earlier $275,000 round in July.

Dr. James Jacobs, president, Macomb Community College, said in a release that “The Innovation Fund is an important new way in which the college can directly support economic development while providing a different type of learning experience for our students.”

Chauncy Lennon, Head of Workforce Initiatives, JPMorgan Chase, noted that stronger small businesses drive job creation and economic growth. “We are proud to be a part of the Detroit-area’s resurgence by supporting the entrepreneurs who are fueling its recovery,” added Lennon.

Vermont Approves $46.5M For Economic Development Projects

The Vermont Economic Development Authority announced approval of $46.5 million in loan and bond financing for a number of commercial, agricultural, energy and small business projects across the state.


Vermont (photo – Amy the Nurse/flickr)

The projects that received financing include two manufacturing operations. One of them is an expansion of beer-brewing facilities in Middlebury by Otter Creek Brewing Company.

As part of the $5.2 million multi-phase project, the beer-brewing company will purchase a new 120-barrel brewing system to increase production capacity, and also make improvements to increase seating capacity at the company’s restaurant.

VEDA has approved $230,000 in financing to help facilitate the project, with People’s United Bank providing additional financing. The expansion will enable the company to grow its workforce from 85 to 93.

The other manufacturing project is by Global Values, Inc., a distributor of high-quality, color granite monuments. GVI will now begin manufacturing in Barre, VT, where it has purchased the real estate and the equipment of Houle Brothers Granite Co., Inc.. GVI will upgrade the equipment and manufacturing facility by purchasing more machines, including a new CNC machine.

VEDA has approved $544,000 in financing as part of a $1.5 million project to help Global Values, Inc. Employment at the newly-integrated plant is expected to grow from 31 to 55 positions within three years.

Other projects approved by VEDA are as follows:

Atomic Professional Audio, Inc., North Clarendon – Financing of $920,000 as part of a $2.3 million project to purchase and make leasehold improvements to a new facility for its growing company. TD Bank and Rutland Economic Development Corporation are also providing financing for the project. Employment is expected to grow from the current 20 positions to 28 within three years of the expansion project.

Casella Waste Systems, Inc., Rutland – Approval of $35 million tax-exempt facility bond to fund Casella’s ongoing capital expenditures in Vermont over the next three years. Casella employs approximately 1,950 people across six states, and approximately 545 of these positions are located in Vermont. Employment in the state is expected to grow to 575 within three years of the project.

Circus Smirkus, Greensboro – Approval to a $2.3 million tax-exempt revenue bond that enabled Circus Smirkus, a world-renowned youth circus, to greatly expand its operations and meet increasing demand for its programs. Circus Smirkus currently employs 11 year-round employees, and its Camp employs 44 persons. This number is expected to increase to 47 within three years of the project.

Apart from these projects, VEDA also approved financing for several qualifying renewable energy generation and energy efficiency improvement projects through the Commercial Energy Loan Program, in addition to over $3.2 million in agricultural loans and over $1 million in loans through its Small Business Loan Program which assists growing Vermont small businesses that are unable to access adequate sources of conventional financing.

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