Challenge The City of Virginia Beach found itself at an economic development crossroads in late 2020 as the COVID-19 pandemic raged. Home to approximately 450,000 residents, the city boasts 38 miles of beachfront, four of the world’s fastest subsea cables, exceptional transportation infrastructure, and access to the third-largest container port […]
Challenge In late 2015, TIP Strategies was commissioned by the Delaware Business Roundtable to prepare a statewide strategy for economic growth and prosperity. The Roundtable engaged state, business, and community leaders in creating an agenda focused on increased capital investment and statewide job creation. Establishing a new public-private partnership (P3)
Challenge “Imagine Lubbock Together” was a visioning process coordinated by the Lubbock Chamber of Commerce to define the values and goals of the community. A central theme that emerged from this process was the need to design an ambitious plan to diversify and grow the Lubbock economy, which had traditionally
Challenge Federal spending on defense procurement had generally maintained a downward trajectory since 2008, the result of effects from the Budget Control Act of 2011 and the Great Recession. With the state of Massachusetts predicting impacts in excess of $20 billion dollars from further spending cuts anticipated to its defense
Challenge Montgomery County is one of the most prosperous and successful communities in the United States. It boasts numerous strengths, including world-class research institutions, globally recognizable brands, a highly educated and diverse populace, and attractive neighborhoods. And yet, Montgomery County (and the entire Washington DC region) faced a profoundly changed
Challenge Northwest Florida’s traditional reliance on tourism and on the presence of US military installations and personnel to drive growth has obscured the essential role overall business vitality plays in successful economies. The region’s vulnerability to external shocks and the need to develop a more diversified economy were illuminated first
Challenge The City of Richmond lacked a prepared workforce and the capacity to build and sustain innovative industries. To better understand their challenges and the opportunities surrounding these issues, the City of Richmond engaged TIP Strategies (TIP) and Hill-Christian Consulting Group (HCCG) to prepare a comprehensive economic development strategy, or
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 Right Place, Inc. (RPI) is an award-winning economic development organization serving the West Michigan region that includes Grand Rapids. The region is in an enviable economic position. The area has consistently led the state in population growth and the city of Grand Rapids was named one of the
Challenge The importance of the military and defense sector to the state of Washington is clear; the sector provides tens of thousands of jobs and contributes billions of dollars to the state economy. What was not clear to state leaders is the extent to which Washington businesses are reliant on
