TIP Strategies, Inc.

TIP STRATEGIES, INC. (TIP) is a privately held Austin-based economic development consulting firm committed to providing quality solutions for public and private-sector clients. Established in 1995, the firm’s primary focus is strategic economic development planning. In addition, TIP has experience with industry cluster analysis, impact analysis workforce, entrepreneurship, and defense communities.

TIP stands for Theory Into Practice. Our Theory Into Practice planning model includes three phases: Discovery, Opportunity, and Implementation. Our methods establish a clear vision for economic growth. Community leaders across the country have embraced the TIP model of Talent, Innovation, and Place to achieve successful and sustainable economies. TIP UNDERSTANDS that it is no longer feasible to conduct business as usual. We offer a fresh approach that integrates community development principles with an understanding of more traditional economic development practice to help communities maximize their potential.

WE BELIEVE a community approach is necessary to accomplish sustainable and publicly supported economic development, achieve technology growth, and create an entrepreneurial climate. Through this method we have helped our clients establish a clear vision for economic growth, one based on a “nuts and bolts” approach that community leaders and program administrators can work with to achieve tactical as well as strategic success.

A HALLMARK of our completed projects is our inclusion of all stakeholders in the process. The development of publicly supported economic development strategies must involve people from diverse sectors and interests. Many people are affected by the outcomes of the public planning process, and their input is essential to the success of any plan. TIP has worked with communities throughout the country to develop innovative, publicly supported economic development strategies. We have worked for chambers, economic development corporations, cities, counties, regional organizations, states, and countries. Our team members have produced numerous strategic economic assessments, economic base analyses, workforce analyses, and target sector analyses, all with extensive input from the client and from stakeholders, community leaders, business owners and residents. TIP strives to provide its clients with the tools they need to better understand their economy and the alternatives available to them. TIP has a long track record of successful client relationships. In fact, over 50 percent of our business is repeat or direct-referral business.