Last month, John Karras attended the International Economic Development Council (IEDC) 2023 Leadership Summit in Tucson, Arizona. In addition to spending time with former clients, new clients, and colleagues from across North America, he took away some observations which he shares in his latest post.
Cluster strategies are top of mind as a way to strengthen the competitive advantages of a region. An examination of the business-led approach used by the Central Indiana Corporate Partnership (CICP) for more than two decades reveals the keys to CICP’s success. A holistic and collaborative approach to ecosystem building can lay the foundation for sustainable long-term economic growth.
Transforming Cluster Strategies: The Central Indiana Corporate Partnership Read More
The comprehensive economic development strategy (CEDS) is a cornerstone of the US Economic Development Administration’s (EDA) grant program. TIP’s four-part series will dive into topics related to creating a successful CEDS, including EDA requirements, community engagement, equity, and resiliency. The first installment examines the CEDS as an important tool for helping communities prioritize economic development opportunities.
TIP managing director, Jon Roberts, recently spoke at the 2022 International Economic Development Council Leadership Summit in Coachella Valley, California. During the invite-only Leadership Roundtable, Jon outlined 10 trends that will affect economic development in 2022.
2022 IEDC Leadership Summit: What's Facing Your EDO? Read More
The sharp downturn in economic activity precipitated by the global COVID-19 pandemic brought the need for recovery and resiliency planning into sharp relief for communities, regions, and states in 2020. The leaders of Idaho’s five economic development districts saw the need for immediate action and formed an innovative, strategic partnership to position their communities for a quicker recovery and long-term resiliency.
Field Notes: Coordinating Economic Disaster Recovery in Idaho Read More
Before the COVID-19 pandemic, only one in four young adults in Dallas earned a living wage. Unfortunately, the pandemic only exacerbated the situation, particularly for minority communities. In response, local leaders came together to launch Dallas Thrives, a community vision focused on doubling living-wage attainment in a single generation.
Field Notes: Investing in Disconnected Young People Read More
As the global pandemic continues to affect communities around the world, recent access to the COVID-19 vaccine has provided a much-needed glimmer of hope for a return to normalcy. While the vaccine rollout overall has had its ups and downs, some communities have had great success administering doses to residents. One such community is Larimer County, Colorado.
When economic developers think about the intersection of workforce development and education, their focus is usually on post-secondary training and higher education. Recently, however, some communities are making an effort to prepare students for the modern workforce much earlier.
Taking the Long View: Workforce Development in K-12 Education Read More
Disconnected young people, often referred to as opportunity youth, are the future of our economies and our workforce. We spoke to Anna Crockett, Community Development Analyst at the Federal Reserve Bank of Dallas, to better understand the challenges facing opportunity youth, their importance to our communities, and potential investment strategies for community leaders.
Field Notes: Investing in Disconnected Young People Read More
We are experiencing simultaneous crises in health, the economy, politics, climate change, and social justice—a combination few of us have experienced in our lifetimes. For some in our communities, survival is a daily challenge. And for others, recovery will be a long and difficult road. But it’s important for those of us in leadership positions to pause and think beyond recovery.
