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To support and accelerate this momentum, the National Entrepreneur Center (NEC) and Orange County Government have partnered with SourceLink, tapping into our consulting services, software solutions and national network to strengthen and build upon the rich tradition of collaboration the NEC and Orlando entrepreneurial ecosystem have forged.
A successful entrepreneur, businessman and EO Bahrain member, Suhail Algosaibi had long thought about how he could use his position and his company—FALAK Consulting—to make real, radical and sustainable change in his corner of the world. We hardly invent any new technologies and don’t invest enough in research and development,” Suhail says.
If you’re pursuing professional development or just want to learn about new trends in economicdevelopment, join us on September 17-18, 2020 for another on-line version of the International EconomicDevelopment Council’s Entrepreneurship and Small Business Development Strategies course. EntreWorks Blog.
Practical Metrics and Methods (Academic Edition): Identify and develop better metrics and methods for ecosystem building. Collaborative research focused on developing the field of ecosystem building would allow the field to identify the principles and practices that are most effective for fostering successful entrepreneurship.
Our latest edition of EntreWorks Insights examined the power of place, i.e., how community gathering places can help build social capital and promote economicdevelopment. The latest example comes from Maine where the Maine Coworking Development Fund has just kicked off. Maine’s Coworking Development Fund.
I’ve developed something of a tongue-in-cheek “formula” for what communities should consider doing to help spur recovery after the pandemic: T + I + E + BRE = R. If you want to learn more about the E in this recovery equation, you may be interested in an upcoming training opportunity from the International EconomicDevelopment Council.
If you’re in the market for professional development opportunities, I’ve got some training programs for you to consider. July 30: North Carolina Basic EconomicDevelopment Course (Chapel Hill, NC): I’ll be one of the instructors for the annual introductory training program for economicdevelopers in North Carolina and elsewhere.
As such, these towns are facing both good (how to spend increased tax revenues) and bad (how to manage rapid growth) economicdevelopment challenges. These include zoning reform, affordable housing development, e-bike programs, traffic management and the like. EntreWorks Blog. The State of America’s Zoomtowns.
This excellent edited volume is full of insights that are relevant not only to community college staff and partners, but to community and economicdevelopment leaders as well. EntreWorks Blog. Community Colleges as Incubators of Innovation.
This issue examines the power of place in economicdevelopment, and discusses how we can use work spaces,such as our offices, business incubators, and coworking spaces, to help build social capital, build community, and advance the cause of economicdevelopment. EntreWorks Blog.
In recent years, many states and communities have embraced food systems and ag/food sector development as core economicdevelopment strategies. access to capital, changing consumer demand, agritourism trends) that are relevant to food systems development and support. EntreWorks Blog.
That’s work for academics, not for economicdevelopers! This mindset seems to be changing (thankfully) as more places recognize that good data can lead to better planning for community and economicdevelopment. EntreWorks Blog. With better data comes better informed—and better overall (we hope!)—decision
Local food systems development has been a hot topic in community development circles for some time now. These efforts typically use agriculture and food development as tools to advance community economicdevelopment and to improve community health outcomes. EntreWorks Blog. An excellent new compendium, U.S.
In many ways, this proposal echoes similar efforts such as the EconomicDevelopment Administration’s I6 program or the WIRED program of the 1990s. (As For example, it may place too much emphasis on innovation and technology inputs and not enough attention on talent development. EntreWorks Blog.
9, 2019) — With a focus on startups and innovation, Ben Franklin Technology Partners (BFTP) remains a powerful job creation and high-tech economicdevelopment engine for Pennsylvania, according to the latest independent economic analysis of the organization. STATE COLLEGE, Pa. billion between 2012 and 2016.
This is yet further evidence that these voucher tools work and that they need to be part of the toolbox for economicdevelopers here in the US. EntreWorks Blog. The Power of Innovation Vouchers–Yet More Evidence.
All of this work is devoted to telling the story of how entrepreneurship can be a tool for personal enrichment, economicdevelopment, and community building. I’m also pleased to see several current and former EntreWorks Consulting clients who are using GEW events and activities as part of their regional ecosystem building activities.
ROI), a regional economicdevelopment partnership covering 11 counties. It includes recommendations for each county as well as for a region-wide strategy that upgrades existing housing stock, develops funds to finance new construction, and reviews current rules and regulations that may be impeding new construction.
In my last blog, I talked about the definition and evaluation of two key elements of an entrepreneurial ecosystem – entrepreneurs and entrepreneur support organizations (ESOs). Identify and develop better metrics and methods for ecosystem building. EconomicDevelopment Quarterly, 32(2), 119-134. 2019) [link].
is Get out of Town,” takes a deep dive look into the development of two counties in rural New England. The report offers an interesting take on the dynamic relationship between population trends and economic opportunities in rural places. EntreWorks Blog. It profiles two counties, whose identities are made anonymous.
Big changes in CRA rules could have especially strong impacts on sectors like the Community Development Financial Institutions (CDFI) industry, which relies heavily on CRA-related investments. CRA has been, and will continue to be an important tool in our community development toolbox. EntreWorks Blog.
Economicdevelopers will be intrigued by survey results that show 7 out of 10 surveyed at-home workers would consider moving to a new location and are looking for locations outside of major cities. EntreWorks Blog. Fort Leonard Wood, MO has the highest share among US regions). Recruiting At-Home Workers.
Starved for funds, grantees can’t invest in retaining talent, training people, developing new skills, and maintaining an experience base about what works in the field. We constantly claim that leadership matters in economicdevelopment, yet we often fail to invest in the building blocks for effective leadership.
Some interesting pilot projects are underway, thanks to the new AML Reclamation EconomicDevelopment Pilot program and other initiatives, such as the POWER program for coal-reliant regions. (See EntreWorks Blog. We will need additional funds to support reclamation and to build capacity in impact communities.
I’ve always appreciated these protected lands for their natural beauty, but they’re also an important contributor to new job creation and economicdevelopment. Protect Land, Create Jobs: EconomicDevelopment and Land Conservation. EntreWorks Blog.
I spent this morning over at the Aspen Institute for a great panel on Rural Development Hubs. The Rise of Rural Development Hubs. EntreWorks Blog. Look for this work in Summer 2019.
The International EconomicDevelopment Council’s (IEDC) annual conference is going virtual next week. I’ll be leading a panel on Economic Diversification strategies on Wednesday October 14 from 2-3 PM Eastern Time. IEDC Panel on Economic Diversification, October 14. EntreWorks Blog. Hope to see you next week.
Much of the most important work we do in economicdevelopment is about what government agencies call economic adjustment, i.e. helping workers, businesses, and communities affected by an economic shock, such as a plant closing or a wider economic downturn. The State of Federal Economic Adjustment Assistance.
Self-employment ventures have typically been under-represented in the research literature, and in economicdevelopment circles, where it’s often argued that they have little impact on local economies. EntreWorks Blog. These 22 million establishments have only one employee—the owner or sole proprietor.
Check out our takes on new and interesting books for those with wonky interest in community building, economicdevelopment, and what’s next in our profession. EntreWorks Blog. You can access other newsletter issues and subscribe here. EntreWorks Insights–New Books Issue.
Next week, I’ll be up in Shepherdstown, WV, as one of the speakers on an excellent Conservation Fund program, “Balancing Nature and Commerce in Rural Communities and Landscapes.” Shepherdstown is a good location for this event, as it is a beautiful spot that faces its own development pressures thanks to the booming nearby DC metro area.
In recent years, we’ve seen a number of interesting new community development models being used out in the field. To briefly summarize, WealthWorks is an asset-based community development strategy that helps region to understand their assets (forms of community wealth) and to help grow and retain assets that remain anchored in the community.
Tax incentives for investors serve as one of our primary tools to incentivize investment in startups and in other types of desirable economicdevelopment activities. EntreWorks Blog. We need a more robust innovation policy in this country, but let’s do our best to do it right! Rethinking Investor Incentives.
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