We’ve heard the Richard Florida argument for a culture centered around the “Creative Class” as a driver of economic prosperity. Yet, the “creative class” is somewhat a matter of opinion- and it’s something that any community could have a shot at.
The Dayton Development Coalition talks about their four key focuses as drivers of economic development.
Advanced Materials and Manufacturing
The unique and compelling nature of our industry allows us to quickly transform innovations into processes and products.
The advances achieved by our Aerospace R&D community gives ample evidence that the Air Force Research Laboratory and their hundreds of industry and university partners in our region have formed the preeminent aeronautical research and development center in the world.
Healthcare and Human Sciences
Aeromedical research, training, and acquisition elements are being consolidated into a Center of Excellence for Human Performance at Wright-Patt, accompanied by 21 existing regional hospitals, medical schools, training facilities and human science-focused businesses.
IT / Data Management
The Dayton Region is a global leader in understanding how the innovative use of information can transform people’s lives.
These are all business focuses- and leave out the most critical part: social capital. How do we really get these things done if the people who do these things have a really good reason to operate here instead of elsewhere. Sure, there is the base- with its huge R&D budget, but in a virtual world, that money could be spent here or in San Jose without much difference to the contracting officer.
Having a major military installation nearby is a good economic engine to rely on, but with the wars in Afghanistan and Iraq winding down, and our economy in shambles, it would be foolhardy not to expect cutbacks in the military budget.
However, there is one thing the wars have created a bountiful supply of: veterans, and more specifically, service disabled veterans. Besides being a logistics center, WPAFB has a medical center that is serving a multi-state area for transitioning seriously injured vets. We also have the Dayton VA Medical Center- another large treatment facility- toss in the Wright State University with one of the nation’s most accessible campuses with extensive experience in handling students with disabilities and all of a sudden, you start to realize that we may have a strong positioning potential to become a community of choice for disabled veterans to put down roots.
When I was in the Army and traveling from post to post- I could tell which communities embraced their soldiers and which didn’t. Fayettville NC, Augusta GA both seemed to loathe the kids in uniform- while the people of Columbus GA welcomed us and treated us with respect. Dayton has always seemed to be somewhat apathetic- but leaning toward respect. Of course, I also often marveled at the star power on base- when first arriving here I saw more stars on shoulders in one trip to the BX than I’d seen in 2+ years of active duty on an Army post.
With this idea of starting to market Dayton as a great place for disabled veterans to retire and reside- will require additional support of local businesses in their commitment to hire these brave young men and women who have sacrificed so much for our country- but also a strong support network to assist them in starting and running their own businesses. The Federal Government passed a law in 2003 requiring all Federal contracts to have 3% Service Disabled Veteran Owned Businesses (SDVOB) participation- a goal that’s not even remotely close to being met. Quite a few States have also given SDVOB and even Veteran Owned Businesses (VOB) preference in bidding. Ohio has not shown an interest- although they did vote to make military retirement pay not eligible for State income taxes.
For the last four plus years, a small group of which I’m a founding member has worked to support and grow VOBs in the region. We’re the representatives of NaVOBA here in SW Ohio and just received our 501C6 designation as a non-profit.
This Oct 14th, from 11 to 2 we’ll be hosting our first event, Vet Biz Now, bringing in a nationally recognized expert in the field:
Scott Denniston, former Director of Small Business Programs and the Center for Veterans Enterprise at the Department of Veterans Affairs (VA) will present a status update on Vet Biz opportunities.
Seating is limited for this lunch event at the Hope Hotel at WPAFB in Dayton. Please make reservations at www.vob108.org/vetbiznow $20 includes lunch.
Besides Scott discussing the state of Veteran Business opportunities and a status update, VOB108 will be making some presentations of success stories- and highlighting some area VOB that are making a difference.
We welcome you to attend, and ask that if you know any Veterans who own their own business to inform them of this event.
Small business has been one of the saving graces through this economic crisis, with all the programs available and becoming made available to help assist these wounded warriors transition back to civilian life- this could be an effort that is both good for our country and our community and our souls.