The Chesapeake Crescent

1
The Chesapeake Crescent

• A Collaborative Initiative to Drive Regional
  Prosperity and Global Competitiveness
• Maryland, Virginia, the District of Columbia and
  the United States Government
• February 2007

2
The Chesapeake Crescent spans Virginia, Maryland
and the Nations Capitoland potentially, Delaware

• A true crescent region that borders and is
  signified by the Chesapeake Bay
• Cultural, historical and environmental identity
  rooted in shared geography
• A single economic and social market that
  encompasses major portions of all Crescent states
• A region housing the headquarters of the Federal
  government, with its three largest employment
  centers--Washington, Baltimore and
  Tidewater--whose operations are dependent on a
  higher performing region

3
Chesapeake Crescent Proposed Organization
Honorary Co-Chairmen
Mayor Fenty
Governor Kaine
Governor OMalley
Chairman of the Board Vice Chairmen
Federal Government Representation
Board of Directors Steering Committee
Managing Director
Program Directors
Energy Environment
Innovation Economy
Secure Sustainable Development
Sustained Regional Collaboration
Staff Assistants
4
Chesapeake Crescent Business Strategy
Regional Objectives ? Compete Globally ?
Comprehensive Economic Development ? Support
Federal Innovation Mission Requirements
Energy Environment
Homeland National Security
Life Sciences
Supported by Housing and Transportation
Infrastructure Public and Private Collaboration
5
Innovation Economy
The Chesapeake Crescent will become a recognized
global leader in the innovation economy by

• Linking federal labs, universities, entrepreneurs
  and investors to build a culture of innovation,
  creativity and entrepreneurship
• Creating linked investment strategies to attract
  small and large businesses to the region in such
  areas as energy, IT, environment, life-sciences,
  and homeland security
• Utilizing the buying power of the regions 10
  million consumers and multiple government and
  private sector buyers to invest in and adopt
  innovative technological products and services

6
Innovation Commercialization Environment
7
Regional Innovation Commercialization Plan
Top Regional SECs
Top Next Gen CEOs
Entrepreneurs
Regional IP Portal
Incubator Technologies
Licensing
Spin out Start-ups
Venture Capital (SECs)
Deepen Angel PINs
Industry
NEW
8
Environment Energy
The Chesapeake Crescent will become a global
leader in clean energy and a sustainable
environment by

• Powering regional efforts in clean energy
  efficiency, such as shared emission standards,
  renewable energy generation and storage
  technology, green building standards and
  green-collar job training
• Harnessing the power of the regional market by
  creating incentives to conserve energy, to move
  toward clean energy, to attract and retain
  innovators in the energy sector to locate here,
  and to encourage adoption of green technologies
  by businesses and consumers
• Integrating regional policies and initiatives to
  drive transit-oriented development, high-speed
  inter-modal transportation networks and a clean
  and secure 21st century infrastructure

9
Secure and Sustainable Development
The Chesapeake Crescent will develop a secure and
resilient 21st century infrastructure that
provides a high quality of life for all residents
by

• Creating competitive region-wide job and housing
  markets, including through incentives for
  workforce housing in high-density nodes linked by
  high speed transit, connecting jobs and housing
  from Aberdeen to Richmond and beyond
• Working with the Federal government to
  accommodate the growth of a high quality Federal
  workforce and insure its security and safety
• Developing a high-speed regional rail
  transportation strategy in the context of the
  2009 Transportation Act

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Regional Interdependency Requires Collaborative
Action

• Today, there is no truly collaborative
  mechanismengaging public and private sector
  leadership to create regional policy and spur
  regional action to meet urgent regional
  challenges caused by global economic and
  environmental developments
• Although global forces, and a single regional
  economic/social market warrant collaborative
  regional thinking, political and sectional
  boundaries foster fragmented decision-making
• The opportunity to act is nowwith aligned
  bi-partisan leadership at the federal and state
  levels, the Crescent can leverage regional
  public-private leadership to drive critical
  decisions and actions needed for the well-being
  of the entire region
• Regional action is needed to drive business and
  job growth, while addressing critical quality of
  life issues such as transportation, housing,
  energy and the environment
• The regional workforce demands of the Federal
  government and major private enterprises require
  immediate action to mitigate a deteriorating
  quality of life caused by congestion,
  accelerating prices and the need to re-staff the
  Federal workforce

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LEADERSHIP, VISION, AND ACTION ARE NEEDED FOR A
21st CENTURY GLOBALLY COMPETITIVE REGION
Roger London Innovation Economy Program
Director 410-340-5335 RLondonMD_at_Gmail.com www.t
hechesapeakecrescent.com