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Regional Economic Development News


Infographic: Where in the West young people are moving:


Some counties in the region buck the aging trend. Across the West, more young people are moving out of rural communities than in. In every decade since 1980, most rural counties in the 11 Western ...


Due diligence checklist for economic development incentives:


Smart incentive use begins with good upfront due diligence on recipients and proposed investments. This post provides a quick refresher on why it is important to conduct background research on incentive ...


Tapping Rural America: Craft Breweries Pour New Life Into Small Towns:




Mushrooms, shopping and doctor home visits top Colorado's venture-capital deals in third quarter 2017:


Colorado's investment activity was flat compared to second quarter The quarterly update, called the MoneyTree Report, ranked Colorado as the 13th-largest state for money raised -- approximately ...


Where are Millennials moving? The answer may surprise you:


It's no secret that young people are getting married and starting families later in life than their parents did. It is, however, a bit of a secret where they are choosing to settle down. Big cities ...


The Asset-Based Community Development Institute (ABCD):


The Asset-Based Community Development Institute (ABCD) is at the center of a large and growing movement that considers local assets as the primary building blocks of sustainable community development. ...


Where is technology taking the economy?:


We are creating an intelligence that is external to humans and housed in the virtual economy. This is bringing us into a new economic era--a distributive one--where different rules apply. By W. ...


Advocacy Report Shows Rural Entrepreneurship Has Been Declining:


Rural America has historically had a higher rate of entrepreneurship than urban and suburban areas. But the rural lead is shrinking. A new report by the SBA Office of Advocacy tracks these shifts over ...


Huge Swaths Of America's Communities Are Economically Stagnant: How Can We Make Them Grow?:


There's an enormous need to develop and implement policies that support the establishment and growth of businesses in stagnant communities-and redirect some VC dollars away from the coasts. These ...


Strategic use of data: Site selection & the "underemployed":


A recent article in the Wall Street Journal published a fascinating article discussing how site selectors target communities based on an underemployed labor force. With unemployment at record lows, businesses ...


Venture-capital group sues over Trump administration's delay of foreign-entrepreneur rule :


The National Venture Capital Association sued the Trump administration over its delay of the International Entrepreneur Rule, which would have allowed foreigners who had an ownership stake in a startup ...


"Hire. Buy. Live." Is 'Going Local' the Secret to Economic Development?:


An initiative called Hire. Buy. Live. -- could provide other local governments with a playbook, some say, for spurring economic development in a way that prioritizes the welfare of residents. by ...


Yes, It Can Be Done: A Philanthropist on Transforming Rural Communities Through the Arts:




Five Reasons Economic Developers Should Use Video on Their Websites:


Research suggests over 60% of the internet traffic is video. We are captivated by videos and we retain information better when video accompanies content. Additionally, websites using video for promotion ...


This is one of the tools Pixar uses to make blockbusters, so it seems to work for communities as well::


Economic developers love to think that their world is filled with data, numbers, charts and graphs that tell the tale of their community. The numbers are all there: employment figures, unemployment rates, ...


How Professionals Choose Where To Live:


With the growing bifurcation of incomes in America, most regions would prefer, if given a choice, to attract higher-earning professionals to their areas. These people generate more spending in the community ...


Talent: A Two-Part Series - Part I. The Currency of the 21st Century Economic Developer - Part II. Identifying, Implementing, & Funding Organizational Solutions:


Part I. The Currency of the 21st Century Economic Developer For more than 30 years I've had the opportunity to assist communities with their development goals and have witnessed first-hand ...


Talent: A Two-Part Series - Part I. The Currency of the 21st Century Economic Developer - Part II. Identifying, Implementing, & Funding Organizational Solutions:


Part I. The Currency of the 21st Century Economic Developer For more than 30 years I've had the opportunity to assist communities with their development goals and have witnessed first-hand ...


SBA Awards Grants to 21 State and Local Economic Development Entities, SBDCs, and Universities to Support R&D Commercialization and Small Business Innovation:


The U.S. Small Business Administration has granted up to $125,000 awards in FY 2017 to 16 Federal and State Technology (FAST) Partnership Program recipients including state and local economic development ...


The top U.S. states best positioned for data-driven innovation:


Better use of data will be a crucial driver of economic and societal progress in the future. Widespread adoption of data analytics and artificial intelligence is expected to contribute hundreds of billions ...


Smaller American Cities Need to Focus on Private Sector Job Growth Downtown:


America's smaller cities are winning people back with an explosion of new residential and entertainment options. Now they need to get serious about private sector job growth--and tech isn't the silver ...


Building Strong Clusters for Strong Urban Economies: Insights for City Leaders from Four Case Studies in the U.S.:


Every metro area in the U.S. has strong industry clusters that are readily identifiable and reflect the unique compet - itive advantages of the region--Oil and Gas in Houston, Automotive in Detroit, ...


How clusters can catalyze inner city prosperity: report and US case studies:


The importance of clusters to regional competitiveness and economic performance is well established. Research has shown that the co-location of businesses in clusters increases the productivity of companies ...


Redefining Economic Development Performance Indicators:


State economic development leaders have embraced the need to report program outcomes to demonstrate the impact of their efforts but seek better indicators to measure those outcomes. A new paper from ...


How a business improvement district helps:


When you see those nearly ubiquitous business improvement district banners affixed to lightpoles in retail areas throughout the Washington area, you may think the BIDs are merely serving a public relations ...


Bioscience important for state growth:


The bioscience industry has had a positive impact on states' economies and continues to be a driver of economic growth according to a new report from Biotechnology Innovation Organization (BIO). ...


Will The Third Industrial Revolution Create An Economic Boom That Saves The Planet?:


Jeremy Rifkin's thinking about how to build a clean-energy powered, automation-filled future is inspiring major infrastructure plans in Europe and China. Can his new Vice documentary convince American ...


Trump election fuels tech momentum in Midwest - Global venture capitalist Paul Singh meets with Missoula startups on national tour:


The election of Donald Trump laid bare the growing disillusionment of everyday Americans in the nation's heartland who have watched the gains of the economic recovery pass them by while the tech industry, ...


Future Work: What, Where, and Why:


The growth industries and professions of the future will shape our cities in very different ways to the industries and professions that shaped our cities in the past. There are profound implications for ...


The Communities Winning the War for Skilled Talent :


In his book, When the Boomers Bail https://www.amazon.com/When-Boomers-Bail-Community-Economic/dp/0981786936 , Mark Lautman diagnosed what separates Winnerville from Loserville, two hypothetical communities ...

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