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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. Suhail Ghazi Algosaibi is the founder of Falak Consulting , a strategy and innovation consultancy.
Some of her projects include: (With Norris Krueger) 2020: AOM 2020 PDW “Entrepreneur-Led EconomicDevelopment: Entrepreneurial Communities through New Eyes… the Right Eyes!” My needs-to-be-updated blog is at www.bit.ly/NKblog2a Need a keynote speaker, a consultant, or a friendly chat? ESHIPprojects. (2)
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.
They include: June 18-19: National CEDS Forum (Columbus, OH): I’ll be leading a session on economic diversification and resilience, discussing how the regional Comprehensive EconomicDevelopment Strategy (CEDS) process can help regions make smart decisions about their economic futures. EntreWorks Blog.
As such, these towns are facing both good (how to spend increased tax revenues) and bad (how to manage rapid growth) economicdevelopment challenges. EntreWorks Blog. These places were attracting many newcomers prior to the COVID-19 pandemic and the pace of in-migration seems to be accelerating even faster now.
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.
Communities that invest in T alent, I nfrastructure, E ntrepreneurship, and enhanced B usiness R etention & E xpansion programs will likely have the best potential for economic R ecovery. On June 18 and 19, I’ll be co-teaching an on-line version of IEDC’s Entrepreneurship and Small Business Development course on-line.
In recent years, many states and communities have embraced food systems and ag/food sector development as core economicdevelopment strategies. This is a great place to not only learn about Vermont’s model efforts, but also about the opportunities and challenges of supporting food systems development in your region as well.
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.
In many ways, this proposal echoes similar efforts such as the EconomicDevelopment Administration’s I6 program or the WIRED program of the 1990s. (As Not surprisingly, I like this basic concept as I strongly believe that we have been underfunding place-based economicdevelopment for decades. EntreWorks Blog.
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. Maine’s Coworking Development Fund. EntreWorks Blog.
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.
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.
ROI), a regional economicdevelopment partnership covering 11 counties. EntreWorks Blog. I’ve been working this region over the past year (although not on housing), and have been very impressed with the work of county leaders and Regional Opportunities Initiative, Inc. The Rural Housing Crisis: Lessons from Indiana.
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].
The experience of these counties suggests some basic economicdevelopment directions for rural places. Effective strategies should include economic diversification, expanded efforts to spawn new locally-owned small businesses, and investments to improve local housing stock. EntreWorks Blog. A Tale of Two Rural Places.
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.
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.
You can also learn more about positions on all sides of the debate from the American Bankers Association to the Opportunity Finance Network to the National Alliance of Community EconomicDevelopment Associations. CRA has been, and will continue to be an important tool in our community development toolbox. EntreWorks Blog.
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.
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.
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.
Rural development hubs are a new concept meant to describe new types of organizations and networks focused on rural community building in a holistic way that embraces traditional economicdevelopment, local institution building, and a focus on enhancing all forms of local wealth (cultural, social, natural, etc.).
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.
They hail from differing locales, but they all share a commitment to doing economicdevelopment right, i.e. in a manner that builds local wealth (across all kinds of capital ) while preserving the natural assets that make their places unique. EntreWorks Blog. This will be a fun and inspiring event.
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. Economicdevelopers all focus on building some kind of wealth, normally in the form of money or jobs.
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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