Challenge Despite its long history of collaboration, the 11-county Northeast Indiana region faces significant challenges. These include limited population growth outside of Allen County (Fort Wayne), postsecondary education and credential attainment that lags state and national benchmarks, and per capita personal income levels that have fallen substantially below the US […]
Challenge With a thriving petrochemical industry, strong educational assets, and a vibrant local culture, Pasadena, Texas, is a significant contributor to the Houston metro area economy. The city’s central role in this dynamic region is reinforced by its geographic location (just 15 minutes from downtown Houston) and its status as
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 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 Chester County emerged from the Great Recession with unparalleled growth opportunities. These opportunities included a dynamic agriculture sector that dominates the entire Philadelphia region, one of the world’s leading financial companies, and a potentially game-changing internet startup. Recognizing the need to build on these assets and support the area’s
Challenge East Kern County’s economy is driven primarily by two military installations (Naval Air Weapons Station-China Lake and Edwards Air Force Base), the Mojave Air and Space Port, and Rio Tinto Minerals. Spanning more than 8,000 square miles and encompassing a diverse group of communities—including incorporated cities (California City, Ridgecrest,
Challenge Following the BP Deepwater Horizon oil spill in 2010—the largest maritime oil spill in US history—the state of Mississippi was awarded $750 million to help offset economic damages in coastal communities. In 2018, the Mississippi legislature passed a law (Senate Bill 2002) committing 75 percent of the remaining BP
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 Fragmentation of services is a common challenge among state-level workforce development systems, often resulting in inconsistencies in service delivery and a lack of clarity in priorities and vision. Delaware’s publicly funded workforce system encompasses more than a dozen organizations including county- and state-level entities. While its three counties function
Challenge Employers in the El Paso area encountered difficulty finding talent to fill mission-critical positions in several of the region’s leading industries. As part of a business-led effort dedicated to driving economic growth, the Borderplex Alliance—in partnership with Workforce Solutions Borderplex, the Medical Center of the Americas Foundation, JP Morgan
