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 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
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 Oakland County has been an economic leader in Michigan, often outpacing state and national averages in educational attainment, median household income, and labor force participation. Thanks in large part to its concentration of jobs in the professional services and healthcare sectors, the county managed to rebound from the job
Challenge The COVID-19 pandemic and associated economic upheaval had a negative impact on business supply chains, workers, and communities in Texas and around the globe. This upheaval exacerbated existing business challenges, particularly for small- and minority-owned businesses. Along with its challenges, the downturn presented opportunities to build on trends that
Challenge The Delta Regional Authority (DRA) is a federal-state partnership serving a 252-county/parish area encompassing portions of Alabama, Arkansas, Kentucky, Illinois, Louisiana, Mississippi, Missouri, and Tennessee. Led by a Federal Co-Chairman and the governors of each participating state, the DRA is charged with improving the standard of living for the
Challenge The Central Upper Peninsula of Michigan boasts remarkable assets. Despite its distance from major urban centers, its natural beauty, higher education institutions, and emerging technology assets stand out both within Michigan and nationally. Facilities such as the Innovate Marquette SmartZone, Sawyer International Airport, and Northern Michigan University’s indoor agriculture
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 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
