DT #526 Lessons Learned in 40 Years Of Economic Development and Using EDC Forge CRM Platform - Clark Smith

Develop This: Economic and Community Development

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74 subscribers

Economics

Ditambah seven tahun yang lalu

Kandungan disediakan oleh Dennis Fraise and Develop This! Podcast. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Dennis Fraise and Develop This! Podcast atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Mind The Business: Small Business Success Stories

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Understanding Taxes as a Newly Formed Small Business - Part 2 of the Small Business Starter Kit 28:24

12 days ago28:24

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28:24

In our second installment of the Small Business Starter Kit series - we’re tackling a topic that’s sometimes tricky, sometimes confusing, but ever-present: taxes. Hosts Austin and Jannese have an insightful conversation with entrepreneur Isabella Rosal who started 7th Sky Ventures , an exporter and distributor of craft spirits, beer, and wine. Having lived and worked in two different countries and started a company in a heavily-regulated field, Isabella is no stranger to navigating the paperwork-laden and jargon-infused maze of properly understanding taxes for a newly formed small business. Join us as she shares her story and provides valuable insight into how to tackle your business’ taxes - so they don’t tackle you. Learn more about how QuickBooks can help you grow your business: QuickBooks.com See omnystudio.com/listener for privacy information.…

about a year ago 20:54

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Clark Smith has almost 40 years of experience in economic development. Clark began his economic development career as executive director of the Hampton Area Chamber and Development Corporation. He then joined the Iowa Department of Economic Development, where he worked as a community consultant and manager of existing industry. Most recently, Clark was the economic development director for Aquila, Inc. – Iowa. He has worked with hundreds of companies providing site selection/expansion assistance. Clark has been President of the Professional Developers of Iowa and the Community Development Society of Iowa. Clark also managed and owned a trade association business and started Butler House on Grand Bed and Breakfast, which he sold.

EDC Forge CRM Customer Relationship Management platform

Smart Solutions Group, Inc.

134 episod

#Marketing #Communitydevelopment #Economicdevelopment #Economy #Siteselection #Tourism #Economics #Business #Business Disciplines #Dennis Fraise #Development #Incentive

DT #526 Lessons Learned in 40 Years Of Economic Development and Using EDC Forge CRM Platform - Clark Smith

Develop This: Economic and Community Development

74 subscribers

published about a year ago

Kongsi

MP3•Laman utama episod

EDC Forge CRM Customer Relationship Management platform

Smart Solutions Group, Inc.

134 episod

#Marketing #Communitydevelopment #Economicdevelopment #Economy #Siteselection #Tourism #Economics #Business #Business Disciplines #Dennis Fraise #Development #Incentive

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DT #546 Recap and Review of the 2025 IEDC Leadership Summit 25:03

6 days ago25:03

25:03

Summary In this episode of the Develop This Podcast, host Dennis Fraise is joined by contributing correspondents Joy Austin , Angee Shaker , and Sean Maguire to discuss their experiences at the recent IEDC Leadership Summit held in Washington, DC. They reflect on the conference's location, programming, and the importance of networking and collaboration among economic developers. The group shares insights on various sessions, including data utilization, personal branding, and the impact of plenary speakers. They conclude with thoughts on the overall experience and future conferences. Takeaways The conference location in DC allowed for advocacy opportunities. Networking with colleagues was a highlight of the conference. Sessions focused on collaboration rather than traditional presentations. Data utilization is crucial for effective economic development. Personal branding is important for professional growth. Plenary sessions featured inspiring speakers from various fields. The conference emphasized learning from peers and sharing experiences. The hotel location facilitated easy access to key sites in DC. Future conferences will continue to explore innovative formats. Staying hydrated and comfortable is essential during conferences. Upcoming IEDC conferences Rural Retreat June 23rd - 25th Great Falls Montana Annual Conference - September 14th - 17th Detroit, MI Leadership Summit March 1st - 3rd 2026…

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DT #545 Empowering Rural America: The Golden Shovel Approach 35:14

6 days ago35:14

35:14

Summary In this episode of the Develop This Podcast, Dennis Fraise speaks with Bethany Quinn , president of Golden Shovel Agency , about the importance of economic development in rural America. They discuss the agency's mission, the launch of the Rural America campaign, and key findings from a recent white paper on marketing strategies for rural communities. Bethany emphasizes the need for effective marketing strategies, social media's role, and storytelling's importance in economic development. They also touch on the significance of adequate funding and introduce the new Impact Local website product designed for rural communities. Takeaways Golden Shovel Agency supports economic development in rural areas. The Rural America campaign aims to provide affordable solutions for small communities. Many economic development organizations lack a cohesive marketing strategy. A robust website is essential for effective marketing efforts. Social media consistency is crucial for community engagement. Economic development is evolving to include community development aspects. Measuring marketing success goes beyond website traffic. Adequate funding is vital for long-term marketing strategies. The Impact Local product offers affordable website solutions for rural communities. Storytelling is key to conveying a community's unique value proposition.…

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DT #544 The Tariff Debate: Understanding Its Impact - Ryan Monarch Assistant Professor, Economics Department Syracuse University 43:37

14 days ago43:37

43:37

In this episode of the Develop This Podcast, Dennis Fraise interviews Ryan Monarch Assistant Professor, Economics Department Syracuse University , an expert in international trade and economics, to discuss the complexities of tariffs and their implications on the economy. The conversation covers the definition of tariffs, their historical context, their role in modern trade, and the economic and consumer impacts. Ryan explains how tariffs can affect supply chains, consumer choices, and the overall market dynamics while also addressing the political motivations behind tariff implementation. The discussion highlights the challenges and uncertainties businesses face in a fluctuating tariff environment and the long-term effects of such policies on the economy. Takeaways A tariff is an increase in the price of imported goods. Tariffs have been a source of government revenue since the founding of the US. President McKinley was known for his pro-tariff stance. Tariffs are used to protect domestic industries from foreign competition. The scale of tariffs under President Trump is unprecedented in modern history. Higher tariffs can lead to increased prices for consumers. Tariffs can disrupt established supply chains and consumer choices. The burden of tariffs often falls on US importers, not foreign producers. Economists generally believe that tariffs create more losers than winners. The long-term effects of tariffs on the economy can take years to understand fully. Learn. Explore. Activate in Place. (LEAP) | Cleveland, Ohio | June 9–13, 2025 LEAP into innovative economic strategies on an in-person learning trip! NGIN will select teams, each consisting of 2-4 economic and community leaders from cities with populations between 50,000 and 500,000, to explore Community Wealth Building and Inclusive Capital in Cleveland, OH. In addition, participants will have the opportunity to create their own action plan to bring back to their city. Selected participants will have all travel expenses covered for this immersive learning experience. NGIN will also handle all trip logistics. Ryan Monarch researches buyer-supplier relationships in international trade and how the recent tariff war affected U.S. exports and supply chains. He served as a Principal Economist for the International Finance division of the Board of Governors of the Federal Reserve from 2014-2021. His work has been published in the Review of Economics and Statistics, the Journal of International Economics and other publications. His research has been cited by The Wall Street Journal, The New York Times, Bloomberg, The Economist and Reuters, among others. He received a Ph.D. in economics from the University of Michigan in 2014.…

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DT #543 Leadership Simplified: Enhancing Economic Development Organizations - Doug Van Dyke 32:07

20 days ago32:07

32:07

In this episode of Develop This, Dennis Fraise speaks with Doug Van Dyke , CEO of Leadership Simplified , about the intricacies of economic development organizations (EDCs). They discuss the role of EDCs, the pros and cons of regionalization, the challenges of collaboration, and the relationship between EDCs and chambers of commerce. Doug shares insights on strategic planning, executive coaching, and the importance of having a neutral party in discussions about regionalism. The conversation highlights the need for collaboration and the potential benefits of working together to enhance economic development efforts. Takeaways EDCs often require strategic planning, executive coaching, and team development. Regionalization can enhance collaboration but may also lead to competition among EDCs. Silos and ego can hinder effective regional collaboration. A neutral party can facilitate discussions and help align goals. Mission creep can occur when EDCs and chambers of commerce have differing focuses. Successful regional collaboration can lead to greater economic opportunities. EDCs should consider regionalization when scale can be advantageous. The relationship between EDCs and chambers of commerce can vary based on community needs. Effective communication and collaboration are essential for EDC's success. Leadership Simplified offers training and strategic planning services for EDCs.…

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DT #542 Building Your Dreams: A Lifelong Journey - Mark Perna 20:56

20 days ago20:56

20:56

In this episode of Develop This, Dennis Fraise and Mark Perna discuss the importance of building one's dreams at any stage of life. They explore the distinction between interest and passion, emphasizing that while interest can be easily found, passion is cultivated over time through resilience and commitment. The conversation also highlights the significance of engagement and self-motivation in creating a competitive advantage in both personal and professional realms. Mark shares his philosophy of embracing discomfort and daring to dream, encouraging listeners to take actionable steps toward their goals. Competitive Advantage Track Takeaways You're either building your dream or someone else's. Life really begins when you carve out time for yourself. Interest is something you can trip over; passion is built over time. Show up five minutes early, stay five minutes late, and care. Be so good they can't ignore you. Dare to dream and embrace discomfort. You have all the time that there is; it's how you use it that matters. To stand out, do what others won't do. Say yes, and then figure out how. Inspiring young people is critically important for economic development.…

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DT #541 Dealing with the closure of a major employer – Bill Murphy 30:08

27 days ago30:08

30:08

In this episode of Develop This, Dennis Fraise speaks with Bill Murphy , the president and CEO of the Ardmore Development Authority , about the significant impact of Michelin's closure of its tire manufacturing facility in Ardmore, Oklahoma. They discuss the initial shock of the announcement, the community's reaction, and the steps taken to manage the transition for the affected workforce. Bill shares insights on the importance of maintaining strong relationships with local businesses, the need for economic diversification, and the lessons learned from navigating such a challenging situation. Takeaways The Ardmore Development Authority is a public trust responsible for local economic development. Michelin's closure of its facility was a significant blow to the local economy, affecting 1,400 jobs. The announcement of the closure was unexpected and blindsided local leaders. Strong relationships with companies can help in managing crises effectively. The community's reaction to the closure was one of shock and disbelief. A transition task force was created to address the impact of the closure. Diversifying the local economy is crucial to mitigate the effects of losing a major employer. Maintaining open communication with stakeholders is essential during crises. The company provided significant support and incentives to retain employees during the transition.…

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DT #540 These Free Programs are Changing How Cities Learn | Apply Now! 18:25

27 days ago18:25

18:25

In this episode of the Develop This podcast, Dennis Fraise and Betsey Suchanic explore strategies for ensuring that economic development reaches every corner of a community. They discuss the various programs offered by the New Growth Innovation Network (NGIN) , including the LEAP program , which is an all-expense paid professional development experience for economic and community leaders from smaller cities (up to 500,000) to learn from other small and midsized cities that are paving the way through collaboration and innovation. Applications for LEAP are open now and close March 10, 2025. Apply now at newgrowth.org/leap ! They also talk about NGIN’s Economic Inclusion Incubator , which provides technical assistance for project implementation; and the Cityscapes Summit , NGIN’s biennial national gathering for city leaders. The conversation emphasizes the need for cross-sector collaboration and the significance of building relationships in economic development. Takeaways LEAP stands for Learn, Explore, Activate in Place. The LEAP program helps cities learn from each other. Cross-sector collaboration is crucial for economic development. The Economic Inclusion Incubator supports project implementation. Cityscape Summit gathers leaders from small and mid-sized cities. Building relationships is key in economic development. The LEAP program is an entry point for cities. The Economic Inclusion Incubator offers 12 months of support.…

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DT #539 Innovating Economic Development in Small Cities - Betsey Suchanic from the New Growth Innovation Network 26:37

5 weeks ago26:37

26:37

In this Develop This episode, Dennis Fraise speaks with Betsey Suchanic from New Growth Innovation Network (NGIN) about how Small and Midsized Cities (SMCs) are key players in driving economic growth. They discuss how these cities are uniquely positioned to innovate and implement effective economic strategies, the significance of cross-sector partnerships, the need for new metrics in economic development, and the role of procurement and access to capital in fostering economic opportunity for all. Betsey shares insights on NGIN’s various programs and initiatives, including the LEAP program — an immersive learning trip for economic and community leaders from smaller cities (up to 500,000 residents). Applications are open now until March 10th at newgrowth.org/leap . Takeaways Small and mid-sized cities are often overlooked in economic discussions. These cities can innovate and pivot more easily than larger ones. Cross-sector partnerships are essential for effective economic development. Traditional metrics in economic development need to evolve. Inclusive procurement can significantly impact local economies. Access to capital is crucial for supporting small businesses. Community engagement is vital for successful economic initiatives. Learning from other cities can inspire new ideas and solutions. Breaking down silos can enhance collaboration and effectiveness. Programs like LEAP and the Economic Inclusion Incubator provide valuable support.…

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DT #538 Mastering Site Preparation for Economic Development - Courtney Dunbar 31:00

5 weeks ago31:00

31:00

In this episode of the Develop This Podcast, Dennis Fraise interviews Courtney Dunbar , who leads Burns and McDonnell's site selection consulting practice. They discuss the essential characteristics of a good industrial site, the challenges communities face in site preparation, and the importance of understanding target industries. Courtney emphasizes the need for diligence in site preparation, the value of certified sites, and the role of master planning in optimizing site functionality. The conversation also touches on effective marketing strategies for sites, the significance of building relationships within the site selection community, and the impact of FAM tours. Courtney concludes with advice for economic developers on sharpening their business cases to attract suitable industries. Takeaways A good industrial site must optimize operations. Communities often seek a model of perfection in site preparation. Diligence in understanding site attributes is crucial. Smaller communities can compete with larger ones based on specific advantages. Identifying target industries is essential for effective economic development. Certified sites can streamline the site selection process. Master planning focuses on functional optimization rather than aesthetic layout. Building relationships in the site selection community is vital. FAM tours should prioritize meaningful interactions over packed schedules. Economic developers must create a strong business case for attracting industries.…

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DT # 537 The Case For Liberal Arts In Economic Development - Dennis Pruitt 30:32

6 weeks ago30:32

30:32

Dennis Pruitt Vice President Business Development for the Missouri Partnership joins Dennis and makes the case for liberal arts in economic development. Dennis stresses the importance of reading, history, and culture. In a day and age dominated by STEM don't miss this discussion on the value and power of a liberal arts degree.…

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DT #536 Leadership and Giving Back to the Economic Development Profession - Barry Matherly 29:17

7 weeks ago29:17

29:17

Barry Matherly joins Dennis, and they discuss the skills needed to be a great leader and how to become involved and give back to the economic development profession. Barry has worn a lot of hats in his economic development career. His current role is as the President and CEO of Hickey Global . Prior to joining Hickey Global, Barry was the President and CEO of the Detroit Regional Partnership and the Greater Richmond Partnership . You have led large organizations in very different communities. How were those positions and communities different? How were you able to adapt your skills to lead large teams and provide economic development leadership for the community? Along the way, you were also the Chair of IEDC and the Dean of OUEDI. What made you want to get involved in IEDC? Talk about your journey at IEDC, culminating in becoming the board chair. Why was certification important to you? What advice do you have for IEDC members who want to get more involved? Talk about OUEDI, its impact, and the education it provides. Barry Matherly has helped communities prosper by creating opportunities for new investment and job growth for over 30 years. As a certified economic development professional and trusted international thought leader, he develops growth strategies to create vibrant, inclusive communities. Barry leads Hickey Global, a part of the Hickey Family of advisory companies, utilizing its immense capabilities across a global footprint. With offices throughout the world and a diverse team of economic development, site selection, research, and marketing staff, Hickey handles innovative and complex assignments. Mr. Matherly is a past chair of the International Economic Development Council (IEDC), the largest economic development association in the world, and the dean and an instructor at the University of Oklahoma Economic Development Institute. He is also an instructor at UNC-Chapel Hill’s Basic Economic Development course. Over a long career managing economic development organizations, Barry has leadership experience at the city, county, regional and university levels. He also interned 3 years for the United States Department of Commerce and worked 6 years in management for a Fortune 500 company. Barry has a bachelor’s degree from James Madison University and a master’s degree from Virginia Tech University. He is also a graduate of the Economic Development Institute at the University of Oklahoma and a recipient of the Robert B. Cassell Leadership Award. Barry Matherly was named one of the 40 Leaders Under 40 (2002) by the Charlotte Business Journal, recognized as a North Carolina Main Street Champion, designated as a Fellow Member and Honorary Life Member by IEDC and is a Senior Fellow of the American Leadership Forum. He was also inducted into Virginia Tech’s School of Public and International Affairs Alumni Hall of Fame.…

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DT #535 The State of Workforce in 2025 - Mark Perna 23:10

8 weeks ago23:10

23:10

Mark Perna joined Dennis, and they discussed the state of workforce in 2025. What prompted you to write Answering Why? How would you compare the state of our workforce in 2018 versus today? We are at the start of 2025. Where do we stand today with job openings and the skills gap? How can economic development professionals and organizations be more proactive in dealing with workforce issues? Do you see more collaboration between education, economic development and others? Who is leading workforce development in most communities? If you woke up in a community tomorrow as an economic development professional, what would you do regarding workforce development? What resources do you have available to help economic development professionals better understand the workforce issues we are facing.…

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DT #534 Behind the scenes of state level economic Development - Debi Durham, the Director of the Iowa Economic Development Authority (IEDA) and the Iowa Finance Authority (IFA). 42:39

8 weeks ago42:39

42:39

Debi Durham , the Director of the Iowa Economic Development Authority (IEDA) and the Iowa Finance Authority (IFA) joins Dennis to discuss the role of a state economic development director. Fifteen years ago, what was the state of economic development? Fast forward 15 years, and how has economic development changed? Through two main divisions – business development and community development the IEDA administers almost 50 state and federal programs to assist individuals, communities, and businesses. That is a lot of plates to spin at one time. How big is the IEDA team? As a state, does Iowa target specific sectors for projects? Every state has advantages and disadvantages. How do you work to sell the sizzle for Iowa? How competitive are projects between the states? At the local level, we are used to projects from the state, utility, or rail partners. How do projects flow to the IEDA? Let's talk about the changes in the economic development landscape for projects, starting with the rise of certified sites. Incentives are always a controversial topic. How have incentives changed during your tenure, and what are your views on incentives? What advice for frontline economic development professionals do you have when competing for projects or existing industry expansions? What do you wish every economic development professional knew about when responding to RFIs? Debi, look into your crystal ball. What do you think economic development will look like in 10 years? Debi Durham Debi Durham is a longtime economic and community development professional who serves as Director of the Iowa Economic Development Authority (IEDA) and the Iowa Finance Authority (IFA). Durham was named to the positions by Iowa Governor Kim Reynolds in January 2019. Durham was first appointed to lead IEDA in 2011, and during her eight-year tenure, has turned the agency into a successful public-private partnership, landed billion-dollar economic development projects for Iowa and worked tirelessly on expanding trade and investment opportunities for the state. She prides herself on building coalitions, supporting new ventures and strengthening the state's industries and communities. Prior to joining IEDA, Durham served as president of the Siouxland Chamber of Commerce. Her several accolades include being recognized as one of the "Most Influential Business Leaders" in the 2019 Des Moines Business Record Book of Lists and receiving the Technology Association of Iowa's "Legislative Advocacy Leader" award in 2017. Durham also was recognized by the Business Record as a "Woman of Influence" in 2016. Durham holds a Bachelor of Science in Business Administration, Marketing and Management from Missouri Southern State University. The Iowa Economic Development Authority's (IEDA) mission is to strengthen economic and community vitality by building partnerships and leveraging resources to make Iowa the choice for people and business. Through two main divisions – business development and community development – IEDA administers several state and federal programs to meet its goals of assisting individuals, communities and businesses. Expand Your Business Accelerated Career Education (260G) Angel Investor Tax Credit Business Expansion & Strategic Trends (BEST) Business License Information Center Butchery Innovation and Revitalization Program Community College Consortium Demonstration Fund Economic Development Set-Aside (EDSA) Employee Stock Ownership Plan (ESOP) Entrepreneurial Investment Awards (EIA) Program High Quality Jobs (HQJ) IASourceLink Industrial New Jobs Training (260E) Innovation Acceleration Fund Innovation Fund Tax Credit International Trade Office Iowa Apprenticeship Programs Iowa Jobs Training (260F) Iowa Student Internship Program New Jobs Tax Credit Proof of Commercial Relevance Renewable Chemical Production Tax Credit Research Activities Tax Credit SBIR & STTR Outreach Programs Stem Internship Program Targeted Jobs Withholding Tax Credit Targeted Small Business Program Wage Requirements Grow Your Community Annexation, Discontinuance and Land Planning Clean Cities Program Community Catalyst Building Remediation Community Development Block Grant (CDBG) Programs Community Facilities & Services Destination Iowa Disaster Recovery Disaster Workforce Housing Tax Credits Downtown Resource Center Downtown Revitalization Fund Employment Transportation Empower Rural Iowa Endow Iowa Energy Infrastructure Revolving Loan Program Enhance Iowa Historic Preservation Tax Credit Program Housing Rehabilitation Iowa Energy Center Grant Program Iowa Energy Office Iowa Green Streets Iowa Reinvestment Districts Main Street Iowa Nuisance Property and Abandoned Building Remediation Opportunities and Threats Fund Opportunity Zones Redevelopment Tax Credits Rural Housing Assessment Grant Program Rural Innovation Grant Program Shop Iowa Sustainable Land Use Planning Water & Sewer Fund Workforce Housing Tax Credit…

15 weeks ago20:54

20:54

Develop This: Economic and Community Development

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DT #525 AI For Economic Developers With Aaron Brossoit CEO – Golden Shovel Agency 27:32

17 weeks ago27:32

27:32

Dennis is joined by Aaron Brossoit , CEO of the Golden Shovel Agency , to talk about AI for economic developers. Aaron and Golden Shovel Agency are at the leading edge of implementing AI. Aaron helps AI neophyte Dennis better understand AI and how economic development professionals can use it. Be sure to check out Aaron's avatar below, which speaks multiple languages. AI tools and resources: Grammarly Chat GPT Otter.ai Hey Gen See Arron's multi-language avatar created in Hey Gen Golden Shovel Agency…

Develop This: Economic and Community Development

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DT #524 Leading Ladies of Economic Development Podcast - Kaycee Bunch 39:28

18 weeks ago39:28

39:28

Dennis is joined by Kaycee Bunch , an economic developer and podcast host. Dennis and Kaycee discuss the unique challenges faced by female economic development professionals. The Leading Ladies of Economic Development is a great podcast for all economic development professionals. Give it a listen; you won't be disappointed! The Leading Ladies of Economic Development podcast is a safe place for female economic development professionals to share stories, insights, and challenges of the economic development industry. We hear from women leaders across the country about their careers in ED and how you can apply their experiences to your own economic development career goals.…

Develop This: Economic and Community Development

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DT #523 IEDC Rural Entrepreneurship 101 Online Class - Mo Collins 30:23

18 weeks ago30:23

30:23

Dennis is joined by Mo Collins , Director of Entrepreneurship - International Economic Development Council , and they discuss the upcoming Rural Entrepreneurship 101 online class. Courtney Zaugg is the other instructor of the Rural Entrepreneurship class. Rural Entrepreneurship 101 - online November 20, 2024 11:00 am - 6:00 pm EST The rise of bandwidth, remote work, and local, place-based assets go hand in hand with emerging rural entrepreneurship and ecosystem building. Join this 101 Class to explore innovative strategies to overcome rural entrepreneurship's unique challenges and learn best practices to transform your rural community into a hub of growth and sustainability.…

Develop This: Economic and Community Development

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DT #522 Moving From Burnout to Renewal Dennis Pruitt, Missouri Partnership 36:51

19 weeks ago36:51

36:51

Moving from burnout to renewal - Dennis Pruitt, Missouri Partnership In this episode, Dennis and Dennis discuss the reality of burnout and practical next steps to help deal with the effects of burnout. Outline I. Definitions II. Causes III. Significance IV. Caveats V. Fundamentals of building personal energy VI. Practical Next Steps…

Develop This: Economic and Community Development

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DT# 521 Redefining West Virginia’s Region 1's Economy; Life After Coal – With Economic Recovery Corps (ERC) Fellow Shaun Donovan 26:59

20 weeks ago26:59

26:59

Dennis is joined by Shawn Donovan , an Economic Recovery Corps (ERC) Fellow working in West Virginia. They discuss the Economic Recovery Corp, what it is like to be an ERC Fellow and Shaun's work in West Virginia. New River Gorge National Park ERC Project Project Title: Redefining West Virginia’s Region 1's Economy; Life After Coal Host Community or Region: West Virginia Host Organization: Region I Planning & Development Council , in collaboration with the Town of Fayetteville, WV A New Partnership for Economic Transformation - 65 Fellows, 65 Catalytic Projects, 42 States, 2 Territories The Economic Recovery Corps (ERC) program launched in 2023 through a $30 million cooperative agreement with the U.S. Department of Commerce’s Economic Development Administration (EDA). Funded through the CARES Act, ERC aims to address long-standing economic disparities in America that surfaced during the COVID-19 pandemic, build capacity in -hard-hit communities, and cultivate the next generation of economic development leaders. The ERC program is led by the International Economic Development Council (IEDC) in partnership with six leading national organizations from across the economic development landscape. Over a 30-month Fellowship, 65 Fellows are working alongside Host Organizations in under-resourced communities, building a nationwide corps of diverse, cross-sector talent with the skills and expertise to activate regional strategies and promote innovation. The Fellowship promotes connectivity and knowledge-sharing among urban, rural, and tribal areas to elevate new practices and transform the field of economic development.…

Develop This: Economic and Community Development

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DT #520 Why We All Need a Personal Competitive Advantage - Mark Perna 17:23

20 weeks ago17:23

17:23

Dennis and Mark Perna discuss the importance of and the three critical elements of a personal competitive advantage. Robust academic knowledge Technical competencies Professional skills Even though the Competitive Advantage Track is designed to talk to Gen Zers about their careers, there are lessons for all of us to learn and ponder. Competitive Advantage Track is a free, easy-to-use tool that will drive the dialogue to help young people think constructively about their future, develop crucial career and life skills, and ultimately thrive in a fast-changing world. In each module (or “Slice”), generational expert and Career Tree creator Mark C. Perna delivers a short, heartfelt talk about a particular skill, why it matters, and how it connects to their personal competitive advantage for whatever they want to achieve in life.…

Develop This: Economic and Community Development

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Dt #519 Springfield Ohio, When the National Spotlight Shines You – Horton Hobbs 20:41

21 weeks ago20:41

20:41

Springfield, Ohio, has recently been in the national spotlight after the community was mentioned in several political debates. What happens when you go from being one of 67 communities named Springfield to the one everyone is talking about? Is all publicity good publicity? How does an organization respond to the glare of the national media? Horton Hobbs , Vice President of Economic Development for The Greater Springfield Partnership , joins Dennis, and they go behind the scenes of working and living in Springfield, OH. Mid-America EDC Competitiveness Conference Columbus, Ohio December 4–6, 2024…

Develop This: Economic and Community Development

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DT #518 Why Communities Get Eliminated from Projects with Chris Lloyd 34:28

22 weeks ago34:28

34:28

In this episode, Dennis is joined by Chris Lloyd from the McGuireWoods Consulting infrastructure and economic development team. Dennis and Chris discuss best practices for responding to RFPs and the intangibles that can prevent a community from being considered for a project. Chris Lloyd leads the McGuireWoods Consulting infrastructure and economic development team, where he specializes in site selection and negotiations for economic development incentives. Since 1998, Chris has worked on dozens of high-profile corporate expansions and relocations across the country. Prior to joining McGuireWoods Consulting, Chris served for nearly five years in the Office of the Secretary of Commerce and Trade under Virginia Governors Allen and Wilder. Chris is also a past chair of the Site Selectors Guild . Chris has also worked closely with clients on numerous public-private partnership projects for transportation and other infrastructure, and played a leading role in the development and passage of Virginia’s public-private partnership laws, which have since become model legislation for use in other states.…

Develop This: Economic and Community Development

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DT #517 Dealing With Things Beyond Your Control 9:06

23 weeks ago9:06

9:06

In this episode, Dennis talks about the frustrations of dealing with issues and projects that are beyond your direct control. What do you do when quiet diplomacy fails, and entities are determined to engage in behavior detrimental to the area you live and work in?

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