In October 2023, Tom Stellman and Alexis Angelo were part of a panel on the intersection of economic development and philanthropy at Philanthropy Southwest’s 75th Annual Conference, held in the Lost Pines region outside of Austin. In her latest post, Alexis summarizes the panel, which featured our work for the City of Muskogee Foundation, and shares her takeaways from the event.
Entrepreneurship & innovation
Aimed at making the US more globally competitive and strengthening national security, the Tech Hubs program represents a significant investment of federal funds to catalyze technological advances and drive job creation in high-potential regions. Read more about the October 2023 announcement of the Phase 1 winners in Luke Shuffield’s latest post.
While generative AI may not be a singular historical moment, it is a significant one in the longer arc of technological change. TIP managing partner Jon Roberts considers the implications of generative AI and offers actions that economic developers can take to both mitigate the challenges and leverage the opportunities facing their local economies and workforces.
Earlier this year, the Texas Higher Education Foundation engaged TIP and Research Bridge Partners to bring a cross-section of stakeholders together and create a statewide plan focused on technology transfer, commercialization, and innovation. We invited the Texas Higher Education Coordinating Board’s Senior Director for Strategic Initiatives and Engagement, Jaclyn Le, to talk about the strategic planning process underway.
Greater Green Bay’s innovation ecosystem has undergone a remarkable transformation since 2015. TIP’s multiple strategic planning projects in the region have allowed the team to witness this phenomenon firsthand. In this piece, VP of business development, John Karras, shares his thoughts on the characteristics that support the region’s dynamic startup and entrepreneurial environment.
In February 2020, TIP was engaged by Greater Fort Wayne, Inc., to create Allen County Together (ACT), a 10-year economic development strategic plan for Fort Wayne-Allen County, Indiana. We recently followed up with Ellen Cutter, the organization’s Chief Economic Development Officer, to check on progress to date on ACT and learn more about the region’s innovation initiatives.
Projected to generate $3 trillion over the next decade, the global blue economy presents vast economic potential. Sustainable practices are crucial to ensuring the long-term health of the ocean ecosystems, coastal communities, and water-related sectors. This blog post explores three innovative North American regions that successfully balance resilience and economic growth.
Communities across the US stand to benefit from monitoring the progress of the recently announced Regional Technology and Innovation Hubs program and formulating applications as the program moves forward. Administered by the EDA, this federal funding initiative focuses on expanding innovation beyond the current handful of successful high-tech centers.
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.
Recognizing the need to more rapidly modernize its forces, the US Army established the Army Futures Command (AFC) in July 2018. AFC represents the most significant reorganization within the Army in almost 50 years. The Army knew that in order to maintain military superiority, it had to transform the way it develops and adopts new technology.