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Savannah River Summit: Shaping the Region's Future Economy
Congressman Max Burns, Honorary Chair
September 22, 2003
Augusta, GA

GENERAL

 

What is the most significant roadblock to economic development in the region?

%

Corporate downsizing

6

Skilled workforce

32

Investment in R&D

6

Access to early stage venture capital

11

Community will

15

Current state of the economy

24

Other

6

In your opinion, the most important trend driving the economy in the next 10 years is going to be:

%

Tax policies

9

Aging of the Baby Boom generation

31

Global developments (e.g. terrorism)

23

Technology innovation

34

Other

2

If you were in the U.S. Congress, which of the following would you address first?

%

Pension reform / retirement security

6

Health care reform / affordable health insurance

56

Regulatory reform / modernization

10

Increasing access to capital

5

Tax reform / relief

14

More procurement opportunities for small business

7

Other

1

In your opinion, what is the biggest challenge facing entrepreneurs?

%

Cash flow

15

Current economic conditions

27

Finding and keeping high quality employees

22

Financing

24

Managerial duties

5

Sales

3

Other

3

I don't know

2

What is the largest barrier to starting your own business?

%

Access to financing / capital

61

Access to markets

12

Access to networks

1

Lack of information / support

16

Self esteem issues

1

Time - balancing business with personal life

9

Other

1

Which of these would make the biggest difference in promoting entrepreneurship?

%

Eliminate infrastructure barriers to capital access, social networks, etc

35

Enhance the skills and capacity of support organizations

14

More entrepreneurship classes for colleges

8

Inspire students toward business and entrepreneurship

8

Inspire students toward science, technical majors and entrepreneurship

20

Mentoring program for entrepreneurs

11

Promote strong role models

2

Other

2

VISION

 

How strongly can your community connect with this vision?

%

Not at all

3

-

1

Slightly

16

-

0

Moderately

40

-

3

Very

7

How feasible is this vision for eastern Georgia?

%

Not feasible

0

-

0

Slightly feasible

7

-

4

Moderately feasible

52

-

7

Extremely feasible

29

In your opinion, what is the first step in attracting new businesses to the region?

%

A skilled workforce

46

Advanced telecommunications

1

Efficient transportation

19

Excellent schools

24

Safe neighborhoods

1

Quality health care

2

An appealing civic life

5

Other

2

ENTREPRENEURSHIP

 

Does your community have an active strategy to help local entrepreneurs?

%

Yes

34

No

44

Unsure

22

Entrepreneurs are born, not made

%

Strongly agree

13

Aree

20

Unsure

4

Disagree

41

Strongly disagree

21

Entrepreneurs are gamblers

%

Strongly agree

25

Aree

34

Unsure

3

Disagree

33

Strongly disagree

6

Entrepreneurs are lone rangers

%

Strongly agree

11

Aree

31

Unsure

3

Disagree

40

Strongly disagree

14

Entrepreneurs are money-driven

%

Strongly agree

23

Aree

34

Unsure

0

Disagree

37

Strongly disagree

5

Will you now go back and ensure that your community is encouraging and supporting entrepreneurs?

%

Yes

95

No

5

AGRICULTURE

 

Develop and maintain property tax incentives favorable to producing farmland

6.8

Insist on representation on local Economic Development Committees/Boards, and planning or strategy groups with actual agricultural producers

6.8

Create opportunities to bridge gap between rural and suburban/urban population to gain greater appreciation and awareness of agriculture's economic and social impact

6.6

Educate public on the benefits of the federal farm policy to prevent assumption of 'welfare'

6.5

Support value-added efforts for agriculture processing

7.1

Assisting agriculture export capabilities

6.4

HIGHER EDUCATION & WORKFORCE DEVELOPMENT

 

Encourage partnerships

7.8

Integrate learning systems B-D

7.0

Reassess how we measure academic success

6.9

Incorporate life skills and vocational technical training

7.4

Utilize military retirees

7.1

LIFE SCIENCES

 

Innovative approaches to education for healthcare workers

7.4

New programs to train life sciences technologists

7.4

Preventative healthcare programs with an emphasis of maintaining and improving health

7.7

Life Science business incubators, multi-tenant spaces, and research parks

7.0

Regional investment funds for life science entrepreneurs

7.0

Regional SBIR offices with experienced experts to assist with proposal drafting and matching funds

6.5

Cancer Center of Excellence for Augusta / Athens

8.0

BRAC

 

Create a unified community effort

7.8

Create community awareness: BRAC & BRAC Process, Economic Impact, Support for military/families, Maximize partnerships

7.8

Complete community and installation assessments

7.5

Create sound DC Connection: Political & Department of Defense

7.7

Acquire funding/services-in-kind

7.1

Have a backup plan

7.9

PROTECTING EXISTING INDUSTRIES

 

Local: Identify and promote innovation needs of existing manufacturers

7.5

Regional: Develop opportunities to link manufacturers with common problems and interests

7.2

State: Encourage statewide attention to the need to foster innovation in existing industries

7.1

Federal: Support federal programs to assist manufacturers, include under new assistant secretary for manufacturing

6.5

TRANSPORTATION & AIRPORT EXPANSION

 

More money back from the motor fuel tax.

7.6

Tax incentives for business / industry with necessary monitoring to attract industry and jobs to the region

7.0

Completion of the Regional Interstate system including the Savannah River Parkway and Fall Line Freeway

8.1

Increase public awareness and support for transportation capital improvement projects (e.g. aviation plant/mechannig technical schools)

6.4

Craft a strategic plan with a prioritized timeline and identified financial requirements for aviation expansion and rail-line and highway improvements.

7.4

 

Overview

Agenda

Papers

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Summary Report

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