Hiring: Executive Director of the Boulder Economic Council
Boulder Economic Overview
The City of Boulder is home to more than 7,000 businesses – not counting self-employed sole proprietorships – and about 100,000 jobs. Companies in Boulder range from small businesses and startups to large operations of well-established, multinational enterprises. Seventy-eight percent of the companies in the city have fewer than 10 employees; 98% have fewer than 50 employees. The most recent unemployment rate in the Boulder MSA was 2.0%.
One of Boulder’s strongest economic attributes is the broad mix of established industries in the city. At least ten established industry clusters are part of Boulder’s economic diversification, including aerospace, biosciences, clean energy, IT-software, natural products, outdoor recreation, beverages, tourism, photonics, and creative services, among others.
Perhaps the best-known attribute of Boulder’s economy is its dynamic entrepreneurial ecosystem. The region is propelled by innovation and entrepreneurship, resulting in one of the highest concentrations of startup activity in the world. The performance of Boulder’s entrepreneurial ecosystem is often cited as a benchmark for other communities by research organizations and the media.
To learn more about Boulder’s innovation economy, see the BEC’s recently published Boulder Innovation Venture 2.0 report.
The Boulder Economic Council of the Boulder Chamber
The Boulder Economic Council (BEC) is the economic vitality arm of the Boulder Chamber. The BEC is a leadership group of prominent business and community executives dedicated to Boulder’s economic prosperity.
The mission of the BEC is to sustain Boulder’s economic vitality by supporting the success of local businesses and industries, and by advocating for Boulder’s economy. The BEC’s 2020 Plan of Work outlines a number of program priorities to fulfill its mission, but the top priority is supporting existing Boulder businesses with assistance in employee sourcing and recruitment; real estate searches; raising capital; city regulatory and permitting compliance; technical and professional services referrals; and other business development assistance.
Reporting to the CEO of the Boulder Chamber, the Boulder Economic Council Executive Director, in conjunction with the Economic Vitality team and in collaboration with the other Boulder Chamber functions, is responsible for the leadership and management of this investor driven economic development organization, which includes programs that retain, attract and support small and entrepreneurial businesses, and generally maintaining a vibrant economy.
- Strategic Planning: Serve as leader for the Boulder Chamber, in collaboration with its other Department Heads, in developing its Strategic Plan, annual Plan of Work, Annual Budget and serve as a partner with the Boulder Chamber team in sustaining an economically healthy, innovative, and impactful business support, advocacy and economic vitality organization.
- Primary Business Retention and Attraction: Develop and maintain a business retention and support program that aids with business assistance, identifies and helps secure local, state and federal economic incentives, and promotes the message that employers are important assets to the Boulder economy and community. Support primary employer recruitment with a focus on strengthening Boulder’s industry clusters and identifying new industry development opportunities.
- Small Business and Entrepreneurship Support: Develop programs and maintain programs focused on small business and entrepreneur support initiatives and sustain Boulder’s economic vibrancy, business diversity, and position as a leading center for entrepreneurship.
- Economic Research and Data Analysis: Develop and maintain, often in conjunction research partners like the University of Colorado and supported by local government entities and agencies, a suite of economic reports – supported by data collection, surveys and analysis – that monitor the condition of Boulder’s economy and articulate the its strengths and opportunities for improvement, including the Innovation Venture Report, the Boulder Market Profile, the Economic Indicators Report, the Boulder Industry Study and other publications that address new economic vitality interests.
- Economic Development Partnerships: Actively engage with and champion all key industries. In all areas of activity, develop supportive partnerships (including, where appropriate, assuming leadership and board positions) with other economic development agencies and organizations, such as the City of Boulder Community Vitality Division, the Metro Denver EDC, the Boulder County Business Partnership and it member economic development agencies, the Commercial Brokers of Boulder, the University of Colorado, CO-LABS and our federal laboratories, Silicon Flatirons, Naturally Boulder, Colorado Bioscience Association and other organizations / industry associations that can support the Boulder Chamber’s economic vitality goals along with local, regional and state economic vibrancy.
- Economic Development Policy Advocacy: In collaboration with the Boulder Chamber’s Advocacy Team and, where appropriate, in collaboration with other aligned partners, track and advocate on public policy issues that impact Boulder’s economic vitality interests, including local, state and national policy considerations.
- Public Communications: In collaboration with the Boulder Chamber’s communications team, serve as a spokesperson on behalf of Boulder’s economic interests with the media and at local, state and national forums.
- Educational Events and Forums: Develop and partner with the Boulder Chamber events and communications team in production of BEC-led events, such as the annual Boulder Economic Forecast and Economic Summit, while always considering what additional programs and events to produce that will help inform the Boulder community regarding economic development issues, drive further action in support of Boulder’s economic vitality and sustain a solid base of revenue in support of the Boulder Chamber’s economic vitality goals.
- BEC Investor Relations: Direct the activities of the Boulder Economic Council, which includes the implementation of compelling investor programming, relationship-building with current BEC investors and the recruitment of new BEC investors, and administration of the BEC Executive Committee in support of the above responsibilities, the BEC Work Plan and the Boulder Chamber’s economic vitality goals.
- Workforce Development: Supervise the Boulder Chamber’s workforce development programming that includes such initiatives as skills-based training, partner collaboration efforts, industry sector partnerships and programming, apprenticeship program management, and direct workforce recruitment / training programs.
- Government Partnerships: Propose and negotiate annual service contracts with the Boulder Chamber’s economic development support partners, including the City of Boulder and Boulder County, and deliver quality services and reports in fulfillment of those contracts.
- Financial Management and Revenue Development: Consistent with the annual Plan of Work and the Boulder Chamber’s Annual Budget, develop and manage the annual economic vitality budget for the Boulder Chamber and support the Member Relations team in meeting its membership development and revenue generation goals.
- Staff Team Management: Manage the Economic Vitality staff team, which includes the Economic Development Director.
Skills and Abilities
- Economic Development – Expertise and a track-record of experience in managing economic development programming and deep knowledge of factors impacting economic vitality.
- Fundraising, Budgeting and Financial Monitoring – Recruit, retain and support appropriate mix of investors, sponsors and work contracts to meet budget goals. Work cross departmentally to foster opportunities for complementary revenue in areas such as Boulder Chamber Membership and Advocacy.
- Strategic Planning – Participate in annual three-year strategic planning process across the organization, as well as development and management of annual plan of work.
- Team Management – Oversight of work, intra and inter team dynamics and communication, and career development for Boulder Economic Council team, including volunteers, interns, contractors and virtual team members.
- Project Management – Manage priorities, processes, contracts, timelines and task deliverables across a variety of overlapping projects.
- Public Speaking and Presentation – Excellent written, phone and verbal communication abilities that command audience respect as a content authority.
- Knowledge of local and regional environment – Understanding of the City of Boulder and Boulder County business market and political landscape, as well as the key regional partners and global economic factors that impact Boulder’s economy.
- Customer Service – Maintain a high level of engagement, empathy, problem-solving and communication with internal and external constituents to ensure an excellent experience with the Boulder Chamber and promote a collaborative work environment.
- Applicants must support Boulder Chamber’s priorities related to diversity and inclusivity. Bilingual/bicultural applicants are encouraged to apply.
- This position requires professionalism in appearance and actions, and flexibility to work occasional early morning and evening hours for meetings and events.
- Applicants must be proficient operating normal business office equipment and must be able to travel efficiently to off-site meeting locations throughout the Boulder area.
Competitive compensation based on experience, plus bonus opportunity.
Strong employer benefits including subsidized Medical, Dental and Vision insurance, LTD, STD, generous paid vacation, 401k matching, and subsidized access to eGo Carshare.