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In Practice (Allegheny River Towns Enterprise Zone)
The Evaluation Process A Business-Based Process The Location Process allows companies to define their business needs and then narrow the list of candidates based upon best-fit. A business-based methodology matches companies to locations that will meet their needs for the long-term.
Reverse Engineering Understand the link between site attributes and business needs Investment Strategy Assessment Market Analysis Final Investment Attraction Plan Industry Targeting
Collect published and proprietary data on key criteria
Construct weighting and ranking model to test development candidates under prime and alternative scenarios
Combine screening results with CWS Consulting Group experience to understand market dynamics
Green Job Strategies for ARTEZ The Key Questions Where is the market opportunity What is the business base What is the employment base What other infrastructure (physical or organizational) is in place? Fort Pitt Brewery and Eco-clean Burners
Green Job Strategies for ARTEZ 10 Existing Area Businesses Base ARTEZ:
Green Job Strategies for ARTEZ Working with Core Strengths Intensify Business Retention/Capture Green Tech Growth from the Current Business Mix: Business Retention Interviews: Enroll in the State Business Expansion and Retention Outreach Program. Work with growing businesses on sites and facilities. Manufacturing Assistance: connect growing businesses to Catalyst Connection and to state financing sources. Tech Transfer: connect start-ups and small green businesses (Eco-Clean Burners) to Innovation Works. Coordination with the Regional Industrial Development Corporation (RIDC) Industrial Park
12 Building for Sustainable Success Elements of Recommended strategy
Expand from within through business retention, concentrating on sustainable manufacturing
Marketing for relocations from outside the region
Supporting start-ups and small business growth