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APPENDIX A <br />During first quarter 2018, a sub-committee of the Ellensburg Business Development <br />Authority (EBDA) convened to perform a review of the competitive position of the <br />EBDA, and set strategic actions for delivery during 2018. <br />ELLENSBURG'S ECONOMIC STRENGTHS <br />• Innoyatjon. Ellensburg is home to one of Washington State's premier <br />comprehensive universities, Central Washington University. Toe AACSB <br />accredited College of Business Is the home of the Institute of Innovation and <br />Entrepreneurship (I4IE). Established seven years ago with a grant from the <br />Herbert Jones Foundation, the 14IE is the intellectual hub for entrepreneurship <br />and youth generated start-up businesses. The EBDA manages the Ellensburg <br />Business Incubator, where business start-ups take root and grow, graduating in <br />3-5 years to a new Ellensburg location. <br />Posture Recommendation <br />One of Washington state's Public Fully understand and utilize the <br />Development Authority's with bonding capabilities of a PDA. Seek out Public- <br />capacity, build ... to-sult options, and Private partnerships (P3) to increase <br />experience with Public-Private opportunities for livable wage job <br />Partnerships. creation. Target individuals who are <br />I good for our community not just <br />business sectors. Educate EBDA, City <br />Council about change and 'disruptors' <br />happening in the economic <br />development profession (e.Q. H02). <br />• Well educated workforce. Ellensburg residents have a level of education higher <br />than average In Washington state. Over half of the community has a direct <br />affiliation with Central Washington University either as a student or employee. <br />Posture Recommendation - <br />' . - <br />Over 3,000 degrees are conferred by Customize degree/certification <br />CWU in Ellensburg each year In programs to meet new/existing <br />Ellensburg. Graduates infrequentty business needs. Build a path for <br />st.ay because the job market is graduates to follow and stay in <br />limited. Ellensburg. Identify opportunities to <br />connect intellectual power of faculty <br />. and students to economic