NEWS » WEEKLY UPDATE

Weekly Update July 24, 2020

Forward Together: Ponca City Development Authority

GENERAL ECONOMIC TRENDS …In June, we talked a lot about what PCDA would do in response to the COVID-19 pandemic, see updated here GoPonca.com . You have probably also read about the “end of July” in national publications since the extra unemployment runs out. That means that, unless the feds do something, the impacts of being unemployed will be felt not just by the unemployed, who will lose $600 per week, but also by the rest of the economy in which that extra money was being spent. We’ll try not to repeat that too much and focus on what PCDA is seeing in the local economy.

In general, companies are trying to get back to normal. That means different things to different businesses and the results are also different. For the most part, the “primary” employers (think industry) are still feeling the impacts of the pandemic but are finding ways to get by. Several are looking at growth opportunities while others wonder if they can hang on until things really do start to look "normal" again. With the word “surge” on everyone’s minds, there has been a surge in new project interests flirting with Ponca City. This is likely pent up demand that couldn’t do anything during the pandemic and simply can’t wait any longer. PCDA toured a new company through buildings this week and sent out two different proposals to other companies who asked specifically about our community.

Workforce is starting to rear its head as an issue again and housing is a topic that is coming back as an identified need. In addition, the child-care issue we have discussed in the past grows in importance, not just here but everywhere. A few of the primary employers have had an employee test positive and they have found ways to manage that to contain the spread. This may be what the “next normal” looks like. The pandemic is certainly not over, but the economy wants it to be. PCDA’s advice? Wear a mask, wash your hands and GoPonca.



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CONGRATULATIONS
PCDA does love a good workforce story, so congrats to Caroline Sheets on her Career Signing Day from the Pioneer Technology Center Program.

We are guessing it is the Fire Fighter/EMT program since she is starting her career with the Tonkawa Fire Dept. Thank you to Pioneer Technology Center for the pictures and the info.
UNTIL WE MEET AGAIN
This week was hard on us at PCDA. Our good friend Paul Schatte passed away last weekend. Paul was a great friend, leader and coworker to many of us; He was always our Chief BBQ Guy and will be remembered as a legendary cook, educator and businessman. Paul's Food Products participated in the Business Plan Pitch-off in June and PCDA was excited to be part of his new plans.

A Memorial Service will be held at First Lutheran Church at 10:00 am today, Friday August 25 at 1101 N. 4th. Let's send Paul off in style. Read his story here.
UPCOMING EVENTS

July 23-25 // Crazy Days Weekend // Ponca City Main Street
This is strictly a shopping event due to COVID-19. Please shop safe and
wear masks if the area is too crowded to safely physically distance.

Friday & Saturday, July 24 & 25 // "Treasure Island" // 7:00 pm
Sign up to purchase your tickets now at MySchoolBucks.com . Preferred and Second Tier seating will go fast. $5 general admission tickets
will be available at the stairs entrance. Arghhhh! Me Mateys

Wed, Sept 2// 1 Million Cups// Pioneer Technology Center 8:30 am
We have the coffee and the business story.
You get to come and network with your business community.
Bring a friend. There is plenty of coffee and small business.

Monday, Sept 7 // Labor Day // PCDA Office Closed

Party at the Palace has been canceled for this year due to COVID-19.

RESOURCES
THANK YOU.....
Your friendly neighborhood economic development office (ahem, yes us) has put out these handy-dandy flip cards of information for your company. All the information in one handy, well, you get the idea.

It is on our website as well here , just in case you want that portable copy to share with your coworkers, employees, banker, business partner, etc... We especially recommend looking at the New Revenues and if you are so inclined, Starting a Business. Valuable contacts for all the areas.
You're Welcome!
PCDA community project Central Fare, an outdoor eating space to the west of City Central, is still on track to be open by August 7th. However, due to the surge mentioned above, PCDA is pulling the official ribbon cutting back a couple of weeks. Please make time to check out the space after August 7th and give Lori or Tristen a call at 580-765-7070 to book it for your next get together of 50 or less people. 50 is the largest head count we are currently taking reservations for at City Central.

And of course, there are several smaller meeting spaces available for your work or organization meetings. 3C on the left, seats up to 22 people at tables, COVID-19 spacing; And Leverage (on the right) will seat eight around the big table. Both spaces have smart boards and camera for webinars and zoom meetings.
OPPORTUNITY
More Information