The economic potential of Fort Worth, Texas—soon to be the nation’s 12th largest city—is tremendous. In December 2017, the City unveiled its first economic development strategic plan. The TIP-lead initiative provides a comprehensive roadmap to guide the community’s growth over the next five years.
Just a few short months after the Greater Green Bay Chamber unveiled its new Economic Development Strategic Plan, the community announced a major stride toward meeting one of its goals: building a robust ecosystem for innovation and entrepreneurship. In October 2017, the Green Bay Packers and Microsoft announced the launch of TitletownTech, a one-of-a-kind partnership aimed at spurring entrepreneurship and economic development in the Greater Green Bay region.
Since 2006, TIP has been working in communities, regions, and states that are home to military installations and defense contractors. TIP is partnering with management consulting firm Kepner-Tregoe for our current defense industry adjustment project, which builds on the success of three previous OEA-funded pilot projects in Washington State.
What does it mean to be a global city? TIP has been pondering this question since we were engaged to lead a team of consultants charged with preparing a new strategy for the City of Fort Worth. While there are volumes of research around this question—and no lack of opinions—we place emphasis on three areas: trade, talent, and tradition.
To help capitalize on its unique advantages, Kern County engaged TIP to lead the preparation of an economic diversification plan for East Kern County. Over the course of a 12-month planning process, TIP worked with Kern County and key partner organizations including the Kern Economic Development Corporation (EDC) and the East Kern Economic Alliance (EKEA) to create a bold and comprehensive set of strategies to accelerate economic development in East Kern.
Last fall, TIP was engaged by the Delaware Business Roundtable (DBRT), a group of more than 50 Delaware CEOs, to craft a strategic framework for pursuing a new long-term approach to economic development in the state. The final product, the Delaware Growth Agenda, was released by the DBRT in July.
TIP recently completed an engagement for MassDevelopment, the Commonwealth of Massachusetts’s economic development and finance agency, to develop a Defense Industry Economic Diversification Study and Strategic Blueprint.
In 2015, TIP Strategies was selected by the Washington Department of Commerce as the lead contractor for multiple phases of the state’s $4.3 million US Department of Defense, Office of Economic Adjustment (OEA) grant. The statewide strategy and sustainability plan will provide a comprehensive blueprint for military and defense contractors and related support organizations to anticipate and mitigate potential losses through effective planning and strategic decision-making.
On April 1, 2016, TIP senior consultant Alex Cooke attended a luncheon hosted by the Waxahachie Chamber of Commerce Economic Development Council to celebrate the community’s successful implementation of its economic development strategic plan.
In 2015, EMCOG tasked TIP with exploring potential areas of focus for a CoE with the goal of identifying a concept that could serve as a catalyst for job growth and investment while supporting the success of existing companies.