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
Challenge Faced with the closure of the Charleston Naval Complex in the early 1990s and the loss of some 22,000 jobs, Charleston County leaders responded decisively, establishing an economic development function with broad deal-making authority and dedicated funding. The decision proved to be a game-changer when Charleston was selected as
Challenge Since it was created by the General Assembly in 2017, the Delaware Prosperity Partnership (DPP) has established itself as a first-rate statewide economic development organization. The public-private partnership (P3) has generated an impressive return—helping to locate 56 projects totaling $1.52 billion in capital investment—and has built trust and credibility
Challenge Following three decades of strong population growth, Kittitas County, Washington, experienced even higher levels of in-migration in the years leading up to the 2020 Census. Anecdotal evidence suggested this trend was accelerated by the COVID-19 pandemic, as those who had flexible work arrangements, or who could afford to move
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 “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 Home to Fort Campbell, the nation’s third largest military installation, and a desirable mix of private-sector employment, the Clarksville-Montgomery County region has remained a magnet for population and employment growth, even during the national economic downturn. Maintaining the region’s quality of place and the employment opportunities that attracted this
Challenge The Wichita Falls’ regional economy has historically been driven by its government and energy sectors, and over the past 50 years the manufacturing sector has developed as the region’s third economic engine. Recent events, however, underscore the region’s need for further economic diversification. The 2005 round of the Base
Challenge Located in South Carolina’s Upstate region, Greenville County is home to one of the nation’s most vibrant economies. Its long track record of attracting large-scale domestic and international investment has garnered media attention, including the front page of the Wall Street Journal and a segment on CBS’s 60 Minutes.
