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 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 With Oregon’s employment base growing faster than its labor force, the state’s talent shortage has become more acute. Rising vacancies and increases in the length of time required to fill positions cost Oregon employers billions each year (not to mention the subsequent loss of state revenues from income taxes).
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 The OEDC found itself in a unique position in early 2017. The Washington State Senate’s proposed budget called for unprecedented reductions to Commerce’s economic development programs amid various budget deficits. In an effort to prepare for and formulate a proactive response to these budget reductions, Commerce engaged TIP Strategies
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 Economic growth in the United States Virgin Islands (“USVI” and “Territory”) suffered due to the 2012 closure of the HOVENSA oil refinery, US Treasury regulations contained in the 2004 Jobs Act, and the ongoing sluggishness in the global economy following the Great Recession. In addition, the Territory faced ongoing
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 In addition to producing the talent the economy relies on, innovation born out of Texas higher education institutions plays an essential role in the state’s global economic competitiveness. State leaders have made significant investments in this area, nearly tripling the number of top tier research universities in the past
Challenge Idaho has become one of the fastest growing states in the nation, with a steady flow of workers moving to the Gem State from states like California, Washington, and Oregon. Rural Idaho has seen net population gains from this migration as well as from the movement of Idahoans from
