Regional Economic Development

How to meet this challenge is yet to be discovered. But it is the transition our biotech industry must make if we expect a similar impact to our region’s economy.

The report objectively analyzes 40 statewide and 12 regional measures and groups them into six core indicators: innovation, competitiveness, growth, financial capacity, workforce potential and quality of life.

"This is not an award for past performance but an identification, by their peers, of those likely to succeed in the near future," Warnock said. "We just wanted to be aware of who they are and do everything we can to empower their efforts. We believe a rising tide lifts all ships."

Arizona’s economy cannot thrive without a skilled and secure workforce. Businesses need to meet the demands of changing demographics, industries and job structures; increased outsourcing; the ever-growing global economy; and new production processes. Training efforts…

The entire development is being planned with "quality growth" principles in mind, McMahon said, which means Daybreak’s residents will be within walking distance of shopping and business. They will also have access to large swaths of open space — 30 percent of the total development — including a network of trails and a planned lake.

The dual mission of workforce development and transfer education strategically positions community colleges to be a cost-effective, responsive, accessible and proactive partner in providing a trained labor pool.

The Benedum Foundation recently awarded a grant to Advantage Valley, an economic development organization, to implement the Entrepreneurial League System in a multi-county, multi-state region. “The Entrepreneurial League System will focus on helping communities develop entrepreneurial talent and build successful companies effectively, efficiently and equitably on a large-scale and sustainable basis.”

"It’s a tough one," Florida said in an interview. "It’s going to be very hard for rural towns to rebuild their towns if they just look inward. They’ve got to connect with a major metro."

Empire’s new digs will keep its 40 corporate jobs in the Coeur d’Alene area and bring at least 40 high-paying maintenance jobs to the airport with potential for future job growth.

Mission: To improve the competitiveness of industries and localities in the Asia Pacific region – by enhancing cluster-based development initiatives. We connect the dots!