Challenge Even before the COVID-19 pandemic, employers across the country were experiencing severe labor market challenges, including low labor force participation rates and the aging out of the baby boom generation. With the onset of the pandemic, many of these challenges were accelerated. Workers across the country scrambled to figure […]
Challenge Tampa Bay’s strong economic base, high-profile developments, diverse culture, and desirable amenities have made it one of the country’s fastest-growing regions. Guided by its 2017 strategic plan, the Tampa Bay Economic Development Council (TBEDC), formerly the Tampa Hillsborough Economic Development Corporation, has been instrumental in several regional transformations. Despite
Challenge Located in the Tampa Bay region, Pinellas County, Florida, is home to beautiful beaches, vibrant communities, excellent colleges and universities, and diverse and forward-looking companies, assets that have served it well through tumultuous times. In the aftermath of the COVID-19 pandemic, the county has been effective in working with
Challenge The City of Richmond lacked a prepared workforce and the capacity to build and sustain innovative industries. To better understand their challenges and the opportunities surrounding these issues, the City of Richmond engaged TIP Strategies (TIP) and Hill-Christian Consulting Group (HCCG) to prepare a comprehensive economic development strategy, or
Challenge Northwest Florida’s traditional reliance on tourism and on the presence of US military installations and personnel to drive growth has obscured the essential role overall business vitality plays in successful economies. The region’s vulnerability to external shocks and the need to develop a more diversified economy were illuminated first
Challenge Interstate 68 (I-68) is a 113-mile, east-west highway that travels through mountainous and rural areas to connect I-70 in Hancock, Maryland, to I-79 in Morgantown, West Virginia. In 2016, the counties and cities that share I-68 as a common asset formed the I-68 Regional Economic Partnership (REP). While the
Challenge The 2016 Delaware Growth Agenda outlined a transformative strategy for reinvigorating The First State’s economic trajectory and implementing a reset of its economic development approach, most notably through the establishment of the Delaware Prosperity Partnership. In the years since the Growth Agenda’s release, Delaware has experienced significant economic growth—on
Challenge Faced with the closure of the Charleston Naval Complex in the early 1990s and the loss of some 22,000 jobs, Charleston County leaders responded decisively, establishing an economic development function with broad deal-making authority and dedicated funding. The decision proved to be a game-changer when Charleston was selected as
Challenge Northeast Florida offers residents a high quality of life with a wide range of amenities, including access to ocean beaches, inland waterways, and other outdoor recreational opportunities as well as options for rural and urban living. Over the past decade, population has increased significantly across the region as skilled
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
