Challenge Bounded by the Cook Inlet and the Chugach Mountains, Anchorage is situated in one of the world’s most beautiful settings. Its scenic parks and trails, upscale ski resort, top-tier restaurants, and unique cultural and arts amenities make the city a popular destination for visitors and adventure seekers from around […]
Challenge Boasting scenic landscapes and vibrant urban and rural communities, Montana had experienced a decade of unprecedented inbound migration and steady economic growth. During this time, the state performed well in several key economic indicators, including innovation funding and overall gross domestic product growth. However, heightened regional competition for private
Challenge Community development financial institutions (CDFIs) play a key role in expanding access to financial products and services in low-income and moderate-income communities. A range of institutions can be designated as CDFIs including banks, credit unions, loan funds, and venture capital funds. An August 2023 analysis by the Federal Reserve
Challenge With more than 5,000 members, the International Economic Development Council (IEDC) is the largest membership organization of its kind. IEDC represents economic development professionals across a range of communities, organizational settings, and practice areas as they work to promote economic well-being and quality of life. Faced with the impending
Challenge While issues related to racism and equity have been present for generations, several pivotal events in 2020 shone a bright light on the scale and pervasive nature of racial disparities. In the first quarter of 2020, the COVID-19 pandemic and the associated economic downturn drew attention to the importance
Challenge Tampa Bay’s strong economic base, high-profile developments, diverse culture, and desirable amenities have made it one of the country’s fastest-growing regions. Guided by its 2017 strategic plan, the Tampa Bay Economic Development Council (TBEDC), formerly the Tampa Hillsborough Economic Development Corporation, has been instrumental in several regional transformations. Despite
Challenge Since adopting its current economic development strategic plan in May 2017, the Greater Green Bay Chamber had made great strides in addressing the challenges the plan set out. Created with assistance from TIP Strategies, the 2017 plan was organized around an ambitious set of 11 initiatives designed to support
Challenge The Greater Green Bay area owes much of its economic success—past and present—to its strong manufacturing base. However, as the sector was becoming increasingly dependent on the development and adoption of new technologies, new challenges emerged related to this transition such as low enrollment and minimal levels of R&D
Challenge For over a decade, the Temple Economic Development Corporation (TEDC) focused its recruitment efforts on several broad sectors, including advanced manufacturing, distribution and logistics, and health and life sciences. In 2012, TIP Strategies was engaged to identify specific niches within each sector and provide recommendations for focusing TEDC’s targeting
Challenge The 2016 Delaware Growth Agenda outlined a transformative strategy for reinvigorating The First State’s economic trajectory and implementing a reset of its economic development approach, most notably through the establishment of the Delaware Prosperity Partnership. In the years since the Growth Agenda’s release, Delaware has experienced significant economic growth—on
