With historic amounts of federal funds being allocated to support pandemic recovery, state economic development offices and regional Economic Development Districts need to work well together now more than ever. This session will explore strategies and best practices for how states and EDDs can better coordinate their efforts to achieve better outcomes and meet local, regional, and statewide goals. Presenters will share regional and state-level perspectives as well as recent research emerging from a current capacity building project to support better regional-state partnerships.
The cultural assets and heritage of Ohio's Appalachian region are strengths that local leaders should strive to capitalize upon. Successful small town redevelopment is dependent upon integrating the arts and historic rehabilitation. During this session, learn how stakeholders in Ohio are working toward building vibrant communities that attract new businesses, new residents, and more visitors.
Supporting Rural Entrepreneurship Through Collaborationnado-web
Rural areas boast great innovation and creativity, but sometimes lack knowledge about available resources or a robust, well-coordinated ecosystem of support organizations to enable entrepreneurs to build businesses to their potential. During this session, hear about one region’s experience using the Strategic Doing process to pivot economic development strategies during the pandemic to support the digital economy and entrepreneurship. Further, learn how regions can leverage community resources more effectively by building collaboration to support entrepreneurs.
The road to connecting our communities to broadband has been a long and complicated journey. Hear from trailblazers and leaders in the space as they provide a roadmap detailing what has happened, what is to come, and some ways to prepare for the historical investments in broadband in our country. A wide range of topics will be discussed, from best practices to advocacy issues, including the Rural Digital Opportunity Fund, the Broadband provisions of the Infrastructure Investment and Jobs Act, State Broadband Offices, and more.
Overview of U.S. Treasury Final Rule For ARPA Fiscal Recovery Fundnado-web
Eryn Hurley (National Association of Counties) discusses the four major categories of eligible users for American Rescue Plan funds at the NADO-DDAA Washington Conference.
Much like the construction of broadband networks across municipality borders, community development efforts often rely upon collaborations between multiple local governments and other organizations to produce the best outcomes. This session will focus on best practices for regional collaboration around broadband and community development. This session will also highlight a success story about reaching universal broadband coverage in Grayson County, Virginia.
The cultural assets and heritage of Ohio's Appalachian region are strengths that local leaders should strive to capitalize upon. Successful small town redevelopment is dependent upon integrating the arts and historic rehabilitation. During this session, learn how stakeholders in Ohio are working toward building vibrant communities that attract new businesses, new residents, and more visitors.
Supporting Rural Entrepreneurship Through Collaborationnado-web
Rural areas boast great innovation and creativity, but sometimes lack knowledge about available resources or a robust, well-coordinated ecosystem of support organizations to enable entrepreneurs to build businesses to their potential. During this session, hear about one region’s experience using the Strategic Doing process to pivot economic development strategies during the pandemic to support the digital economy and entrepreneurship. Further, learn how regions can leverage community resources more effectively by building collaboration to support entrepreneurs.
The road to connecting our communities to broadband has been a long and complicated journey. Hear from trailblazers and leaders in the space as they provide a roadmap detailing what has happened, what is to come, and some ways to prepare for the historical investments in broadband in our country. A wide range of topics will be discussed, from best practices to advocacy issues, including the Rural Digital Opportunity Fund, the Broadband provisions of the Infrastructure Investment and Jobs Act, State Broadband Offices, and more.
Overview of U.S. Treasury Final Rule For ARPA Fiscal Recovery Fundnado-web
Eryn Hurley (National Association of Counties) discusses the four major categories of eligible users for American Rescue Plan funds at the NADO-DDAA Washington Conference.
Much like the construction of broadband networks across municipality borders, community development efforts often rely upon collaborations between multiple local governments and other organizations to produce the best outcomes. This session will focus on best practices for regional collaboration around broadband and community development. This session will also highlight a success story about reaching universal broadband coverage in Grayson County, Virginia.
Join this session to explore how to meet the talent needs of rural companies and communities today and tomorrow. Learn how workforce development models – particularly apprenticeship and other forms of work-based learning – can effectively adapt to a rural context. This session will emphasize strategies to grow talent locally, beginning with youth-focused programming, and will examine workforce development in the context of broader national trends, including the Great Resignation, a shift to remote work, and national investment in infrastructure such as broadband technology. This presentation will also examine how the economic development community can support a stronger and more equitable talent ecosystem.
nvesting in Rural Prosperity: A Vision for the Future of Rural Developmentnado-web
Recent and projected demographic and economic transitions present both challenges and opportunities for rural communities. Whether rural communities and the people who call them home will thrive in the future depends in part on the approach that community leaders take to supporting workers, businesses, and families. An increasing body of evidence indicates that creating a strong sense of place, good quality of life, and inclusive access to opportunity may be deciding factors in whether a community will flourish or struggle over the long-term. Come to this session to hear from national thought leaders and on-the-ground practitioners about what this means for the work of Regional Development Organizations, their stakeholders, and the policies that support their work.
Racial Disparity in the Land of Sky Regionnado-web
Erica Anderson (Land of Sky Regional Council) discusses inclusive hiring practices in Asheville and Buncombe Counties at the NADO-DDAA Washington Conference.
Andrew Coker- Broadband Leads to Economic Growthnado-web
As this past year has shown more than ever, fast, and reliable broadband service is critical resource to support regional economic development, grow and sustain local businesses, and improve overall quality of life in communities. This session will share promising practices from small and rural communities working to develop and assure coverage.
How do you make sure your EDA project is both competitive and technically accurate? What makes a strong project versus a weak one, and what about the ones when the scope just doesn’t tell the story? Staff from the EDA Austin Regional office will discuss how they review project applications and what can make or break a project.
A new administration, new department, and agency leadership, increased federal grant funds available for rural and regional economic development, an economy rebounding from the impact of the COVID-19 pandemic, and continued demand for services at the local and regional level are having a direct and often dramatic effect on the roles of economic development districts and organizations nationwide. Learn about the most recent developments from the Hill and federal agencies that will have a direct bearing on your
programs and services.
Old Prices Fork Elementary Redevelopment Projectnado-web
Kevin Byrd (New River Valley Regional Commission) presents on mixed-income housing and food-based community use at the NADO-DDAA Washington Conference.
Enhancing State-Local Economic Development Planning and Engagementnado-web
During the 2022 NADO Annual Training Conference, the CREC presented on a project to enable state and local leaders to create jobs and achieve economic recovery.
Strengthening Partnerships Between States and Economic Development DistrictsRPO America
This technical assistance hands-on session will focus on state-EDD alignment best practices and how to build a collaborative
relationship with state economic development departments – from planning to program implementation.
Join this session to explore how to meet the talent needs of rural companies and communities today and tomorrow. Learn how workforce development models – particularly apprenticeship and other forms of work-based learning – can effectively adapt to a rural context. This session will emphasize strategies to grow talent locally, beginning with youth-focused programming, and will examine workforce development in the context of broader national trends, including the Great Resignation, a shift to remote work, and national investment in infrastructure such as broadband technology. This presentation will also examine how the economic development community can support a stronger and more equitable talent ecosystem.
nvesting in Rural Prosperity: A Vision for the Future of Rural Developmentnado-web
Recent and projected demographic and economic transitions present both challenges and opportunities for rural communities. Whether rural communities and the people who call them home will thrive in the future depends in part on the approach that community leaders take to supporting workers, businesses, and families. An increasing body of evidence indicates that creating a strong sense of place, good quality of life, and inclusive access to opportunity may be deciding factors in whether a community will flourish or struggle over the long-term. Come to this session to hear from national thought leaders and on-the-ground practitioners about what this means for the work of Regional Development Organizations, their stakeholders, and the policies that support their work.
Racial Disparity in the Land of Sky Regionnado-web
Erica Anderson (Land of Sky Regional Council) discusses inclusive hiring practices in Asheville and Buncombe Counties at the NADO-DDAA Washington Conference.
Andrew Coker- Broadband Leads to Economic Growthnado-web
As this past year has shown more than ever, fast, and reliable broadband service is critical resource to support regional economic development, grow and sustain local businesses, and improve overall quality of life in communities. This session will share promising practices from small and rural communities working to develop and assure coverage.
How do you make sure your EDA project is both competitive and technically accurate? What makes a strong project versus a weak one, and what about the ones when the scope just doesn’t tell the story? Staff from the EDA Austin Regional office will discuss how they review project applications and what can make or break a project.
A new administration, new department, and agency leadership, increased federal grant funds available for rural and regional economic development, an economy rebounding from the impact of the COVID-19 pandemic, and continued demand for services at the local and regional level are having a direct and often dramatic effect on the roles of economic development districts and organizations nationwide. Learn about the most recent developments from the Hill and federal agencies that will have a direct bearing on your
programs and services.
Old Prices Fork Elementary Redevelopment Projectnado-web
Kevin Byrd (New River Valley Regional Commission) presents on mixed-income housing and food-based community use at the NADO-DDAA Washington Conference.
Enhancing State-Local Economic Development Planning and Engagementnado-web
During the 2022 NADO Annual Training Conference, the CREC presented on a project to enable state and local leaders to create jobs and achieve economic recovery.
Strengthening Partnerships Between States and Economic Development DistrictsRPO America
This technical assistance hands-on session will focus on state-EDD alignment best practices and how to build a collaborative
relationship with state economic development departments – from planning to program implementation.
Listening Session: Aligning EDDs with State Economic Development Planningnado-web
The Center for Regional Economic Competitiveness
(CREC) is partnering with the NADO Research
Foundation and other organizations to better
coordinate state and regional economic development
planning efforts, including addressing challenges and
opportunities for aligning the Comprehensive Economic
Development Strategy (CEDS) with state economic
development plans. Join this discussion to learn more
and share your experiences and input to help guide
this multi-year project that will support NADO members
and their state partners with training, resources, and
networking.
-Bob Isaacson, Senior VP, Center for Regional Economic
Competitiveness, Arlington, VA
The Comprehensive Economic Development Strategy (CEDS) is a locally-based, regionally-driven economic development planning process and document that creates the space for your region to identify its strengths and weaknesses and
brings together a diverse set of partners to generate good jobs, diversify the economy, and spur economic growth. An effective CEDS allows a region to maximize its economic development potential, as well as engage with the U.S. Economic Development Administration (EDA) and other federal partners. During this 101 training, you’ll learn more about the “what and why” of the CEDS, CEDS planning fundamentals, best practices, and latest trends.
Aligning Transportation and Economic Development Plans and Measuring ProgressRPO America
During the National Regional Transportation Conference, Justin Fazzari shared the Economic Development Administration's approach to aligning economic development plans with transportation or other regional planning efforts to ensure consistency.
International Engagement Ready Communities Initiative: Troppenado-web
This presentation was delivered at NADO's 2018 Annual Training Conference, held in Charlotte, NC on October 13-16. For more information, visit: https://www.nado.org/events/2018-annual-training-conference/
Getting your workforce system involved in a local Comprehensive Economic Deve...Colleen LaRose
This webinar can be seen in its entirety on www.nereta.org ..then click onto the training page.
Did you know that there is money available for workforce planning that does not come from the Department of Labor? IT's TRUE! The Economic Development Administration (EDA) provides workforce planning and implementation funds as part of the comprehensive economic development strategy planning process (CEDS).
The problem with CEDS planning the way it is currently done, is that most CEDS are written by economic development folks who only provide lip service to coordinating with workforce professionals in the plan, (most often providing nothing more than offer labor force statistics with little analysis of gaps, trends).
Unfortunately, most workforce development professionals don't know what CEDS planning is, even though coordination with the workforce system is a required part of CEDS planning. Therefore, workforce development professionals should not only understand the CEDS process, but inject themselves into the process...or even lead the process!
This webinar will teach you everything you need to know about CEDS:
What are the programs of the EDA?
What is an Economic Development District (EDD)
What is a CEDS?
What is a CEDS Supposed to Do?
What does a high quality CEDS have?
We are very fortunate to have two amazing speakers for this webinar!
Paul Raetsch is the Retired Regional Director of the Economic Development Administration Philadelphia Regional Office. Paul oversaw the CEDS planning for regions throughout the northeastern US going back as far as 1971! This man has a wealth of knowledge and expertise in regional planning that you will greatly benefit from!
Presenting with Paul is Mike Aube, President of the Eastern Maine Development Corporation, host of the "mobilize Eastern Maine initiative. Mike has also served as Legislative aide to Senator Mitchell, EDD Director, EDA Economic Development Representative, State Director of Rural Development, as well as Mayor of Bangor, Maine.
Economic Development Workshop - EDA Denvernado-web
On June 8, 2012, the Denver Regional Office of the Economic Development Administration held a workshop for economic development districts. This presentation was given as part of EDA's Know Your Region curriculum on economic development planning.
Moving in the Right Direction: The Latest Trends in CEDS Planningnado-web
During the 2019 NADO Annual Training Conference (October 19 - 22 in Reno, NV), Mike Manis shares information on creating and delivering interactive CEDS.
Many of the U.S. federal government's programs are designed to promote economic development and improve prosperity for citizens. Through this SlideShare you will gain information on different government agencies, the services they provide and the areas they impact. Browse now to discover the importance of funding these different programs and agencies.
Even though the mid-term elections are in the rearview and the 2024 elections already in motion, Congress has a full agenda over the coming months. During this session, learn about the latest development impacting the federal agencies that you work with on a daily basis.
Plenary - Stars of the Southwest: Lifting Regional Economiesnado-web
Each year, the SWREDA Board of Directors selects five Star of the Southwest Awardees—one from each state—to showcase their positive impact on a community’s or region’s economic vitality. Learn about the projects, including funding, partnerships, impact, and future plans during this session.
Affordable and Accessible Housing: Imperative for Strong Economies nado-web
Accessible and affordable housing for existing and prospective workforce housing is a challenge nationwide. Lack of housing presents challenges to communities and regions that are hoping to attract new businesses and industries, not to mention meeting the needs of current residents. During this session you will learn about successful approaches to creating housing opportunities from across the Austin region.
West Texas Aerospace and Defense Manufacturing Coalitionnado-web
West Texas Aerospace and Defense Manufacturing Coalition: Susannah Byrd, Director, Economic Development and Workforce Excellence Division, University of Texas at El Paso, El Paso, TX
Tulsa Regional Advanced Mobility (TRAM) Corridor: Jennifer Hankins, Chief of Strategic Partnerships, Tulsa Innovation Labs, Indian Nations Council of Governments, Tulsa, OK
Northern New Mexico Workforce Integration Network (WIN)nado-web
Northern New Mexico Workforce Integration Network (WIN): Monica Abeita, Executive Director, North Central New Mexico Economic Development District, Santa Fe, NM
Maggie Belanger, Assistant Director and Technical Assistance to Brownfields Regional Manager, Kansas State University, KS
Kate Lucas, AICP, Planner, Adaapta and KSU TAB Partner, Denver, CO
Christina Wilson, Acting Branch Manager, US Environmental Protection Agency, Region 8, Denver, CO
Scott Hobson, Acting Director of Planning and Community Development, City of Pueblo, CO
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
This presentation poster infographic delves into the multifaceted impacts of globalization through the lens of Nike, a prominent global brand. It explores how globalization has reshaped Nike's supply chain, marketing strategies, and cultural influence worldwide, examining both the benefits and challenges associated with its global expansion.
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The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
2. Today’s session is co-sponsored by: With funding support from:
“Enhancing State and Local EDD Engagement to Support COVID-19 Recovery and Resiliency” is prepared by the Center for Regional Economic Competitiveness (CREC)
using Federal funds under award ED21HDQ3070060 from the U.S. Economic Development Administration, U.S. Department of Commerce. The statements, findings,
conclusions, and recommendations are those of the speakers and do not necessarily reflect the views of the U.S. Economic Development Administration or the U.S.
Department of Commerce.
Enhancing State and Local EDD Engagement
to Support COVID-19 Recovery and Resiliency
4. Our Panel
Brett Schwartz, Associate Director
NADO Research Foundation (DC)
Ryan Smith, EDA Data Evolution Lead, Policy Advisor for the Office of Regional Affairs
U.S. Economic Development Administration (DC)
Mereb Hagos, Program Manager
Center for Regional Economic Competitiveness (VA)
Mark Goodman, Community Resiliency Specialist
East Arkansas Planning & Development District
Raymond Mondragon, Governmental Specialist Eastern
Plains Council of Governments (NM)
Vincent Soule, Deputy Director
Eastern Plains Council of Governments (NM)
5. Ryan Smith
EDA Data Evolution Lead, Policy Advisor for the Office of
Affairs
U.S. Economic Development Administration
8. What?
• A 24-month project funded by EDA for CREC and
partners to promote alignment across state and
regional economic development organizations
9. Why?
• State and local economic development strategies
and investments are often poorly aligned and not
very well coordinated
• States tend to operate independently of EDA
supported initiatives, including those identified in
regional CEDS
10. How?
• Through applied research, education, and technical
assistance, this project will enable state and local
leaders to create jobs and achieve economic
recovery through better:
Coordination of investments
Alignment of efforts to grow key industry clusters
Leverage common tools
12. Task 1: Research
• Develop matrix of current states’ economic development
strategies and initiatives mapped against CEDS plans
• Prepare best practice guide to inform efforts to increase
alignment, collaboration, and co-investment between states
and local EDDs
• Research and add new content for USACompetes.com
website
13. Task 2: Education
• Engage state leaders through a state-EDA working group to amplify EDA’s priority
tools and resources and create interaction opportunities
• Develop self-paced and instructor-led educational content for priority interests
• Develop self-paced and peer-led virtual curriculum for new state economic
development leaders
• Deliver relevant educational content at least twice per year to key constituencies
from SEDE, NADO/DDAA, SIDO, AMCC, ARC/DRA, etc.
• Deliver 15 webinars on topics targeted to state economic development leaders
14. Task 3: Technical Assistance
• Conduct a hands-on technical assistance engagement with 5-7 states through a
‘Policy Academy cohort’ process aimed at refining state economic recovery and
development strategies and integrating outcomes with local CEDS
• Deliver additional on-site and virtual technical assistance
efforts through partner conferences or peer exchanges
• Conduct outreach and technical assistance to incorporate international
engagement strategies into local CEDS
• Deliver bi-annual meetings of state economic development agency leaders
15. State Economic
Development
Executives (SEDE)
network
NADO (economic
development
district
leaders)
SIDO (state
international
trade
leaders)
AMCC (American
Manufacturing
Communities
Collaborative)
CREC is engaging several
national networks to reach
key stakeholders…
…to participate in organizing the applied research,
developing and deploying educational materials, and
providing technical assistance to states and regions.
16. Deeper Dive on Selected
Tasks/Deliverables:
Update and
upgrade of
USACompetes.com
website
Course for
new state
economic
development
leaders
Alignment
Matrix
Discussion
sessions on
emerging
topics and
Webinars
Policy
Academy
for 6
states
17. Project Update
• Alignment Matrix – states and EDDs
30 states completed
Fuel Best Practices Guide
• Webinars
Strengthening Connections Between States and Economic Development Districts
Identifying Priorities from Treasury Relief Spending
International Trade as a Component of a State’s Economic Strategy
DEI and Manufacturing (March 30)
Remote Worker Attraction (April 5)
Recordings and registration available at: https://www.stateeconomicdevelopment.org
18. Project Update
• Educating Stakeholders and Receiving Feedback
NADO’s Fall Conference
DDAA/NADO Spring Policy Conference
SIDO Forum
AMCC Calls
• State Leader Meeting
Preparing meeting at SelectUSA Summit in June
• Exploring Options for Policy Academy
19. Project Update
USACompetes.com – toolkit for attracting FDI and promoting exports
Updated format and content
New emphasis on state-local collaboration on international engagement
Regional Leadership Discussions
Bringing together EDA and states in each region
State ED Leadership Curriculum
Identified participants and beginning work on topics
20. Preliminary Findings
Research
• CEDS are frequently aligning with states on strategies focused on:
Workforce development
Industry cluster development
Administration and governance
• CEDS are not often aligning with states on technology-based economic
development, transportation infrastructure, and business development and
assistance strategies.
• 18% of CEDS collected had at least one strategy on international trade and
investment
21. Preliminary Findings
Polling and Discussions
• About two-thirds of EDDs surveyed reported fair or poor 1) collaboration with
state or 2) alignment with state ED strategy
• State plans often don’t cover all factors present in CEDS – e.g., housing and
workforce
• Key reported barriers to collaboration included resource constraints, poor
communication, and lack of respect for EDDs.
24. Fostering Economic Development Partnerships
• The evolving nature (and practice) of economic
development
• Existing Economic Development Support
Infrastructure
• Strategies for Building Relationships
25. Fostering Economic Development Partnerships
• The evolving nature (and practice) of economic
development
• Existing Economic Development Support
Infrastructure
• Strategies for Building Relationships
26. Fostering Economic Development Partnerships
• The evolving nature (and
practice) of economic
development
1) Its “Regional”
• Regional Labor and Retail Markets
• Regional Promotion
• Regional Economics
27. Fostering Economic Development Partnerships
• The evolving nature (and
practice) of economic
development
2) Its about “Quality of Living” too...
• Attracting & Retaining Business
• Attracting & Retaining Talent
28. Quality of Living Factors
• Economic environment
• Housing
• Medical / health
• Natural environment
• Political / social environment
• Public services
• Recreation
• Retail goods and services
• Schools
Source: Mercer’s Quality of Living Factors
29. What Matters Most?
Area Development
Corporation’s survey of
corporate executives
(Top 20)
http://www.areadevelopment.com/corpSurveyResults/
Site Selection
Factors
2018
1 Availability of Skilled Labor
2 Labor Costs
3 Highway Accessibility
4 Corporate Tax Rates
5 Tax Exemptions
6 Quality of Life
7 State and Local Incentives
8 Energy Availability and Cost
9 Available Buildings
10 Occupancy/Construction Costs
11 Available Land
12 Low Union Profile
13 Proximity to Suppliers
14 Proximity to Major Markets
15 Right-to-Work State
16 Training Programs/Tech Colleges
16t Environmental Regulations
18 Inbound/Outbound Shipping Costs
19 Expedited Permitting
20 Accessibility to Major Airport
2021: “Labor
Costs,
Taxes/Incentives,
Quality of Life
Taking Priority”
30. Community Response
The focus is shifting from business attraction /
retention to talent attraction / retention
This trend existed pre-pandemic, and has
further taken off
31. Fostering Economic Development Partnerships
• The evolving nature (and practice) of economic
development
• Existing Economic Development Support
Infrastructure
• Strategies for Building Relationships
32. State & Districts
• Institutional “Unawareness”
What, exactly, do you do?
Defining economic
development
Organization alignment
33. Fostering Economic Development Partnerships
• The evolving nature (and practice) of economic
development
• Existing Economic Development Support
Infrastructure
• Strategies for Building Relationships
34. Strategies
1) Engage them where they are...
(ID needs, communicate value proposition)
2) Leverage traditional support structures
3) Create venues to promote our “Value”
35. 1) Engage them where they are...
A. State economic development agencies
B. Other State entities
C. Local EDOs, chambers, utilities
D. State planning conferences
E. State economic development conferences
Be Active vs. Passive
36. 2) Leverage traditional support structures
A. University centers
B. Federal partners
C. Local elected leaders and their associations
Be Active vs. Passive
37. 3) Seek venues to promote our “Value”
A. State conferences
B. State association boards / committees
C. Local civic network engagements
Be Active vs. Passive
40. Mark S Goodman, CEcD
Economic Development & Resilience Specialist
East Arkansas Planning & Development District
mgoodman@eapdd.com
501-205-9192
41. Eastern Plains Council of Governments
NADO Washington Policy Conference
PARTNERSHIPS & ALLIANCES
Presented by
Raymond Mondragon- Governmental Specialist
Vincent Soule- Deputy Director
www.epcog.org
42. An initiative of the New Mexico
Economic Development Department,
FUNDIT is an alliance of 20+ agencies
and public/private organizations
working to increase funding and
leverage finance opportunities for
communities across the state. Our
mission is to catalyze economic
development to benefit New Mexico’s
communities. Council of Governments
are a vital piece of this partnership.
46. PARTNERSHIPS
Future Interstate Highway:
As a result of the Interstate Feasibility Study conducted by the Texas Department of
Transportation (TxDOT), in the 117th Congress, H.R. 1608 was filed in the U.S. House of
Representatives and S. 705 in the U.S. Senate to designate the future interstate in
Texas, New Mexico, Oklahoma and Colorado. Efforts continue to include this
designation in the transportation reauthorization being considered by Congress.
Economic Development:
An estimated $96 billion is being exported between Corridor states, but with a robust
transportation system the Freight Analysis Framework (FAF) projects that number could go up
to $195 billion by 2040. Additionally, Corridor communities are able to attract new primary
industries by providing a highway system that allows for the successful and timely transport of
those products to other markets. the Corridor helps fuel $280 billion in trade with Canada and
Mexico, which is more than 25% of all U.S. trade with those countries.
Develop matrix of current states’ ED strategies and initiatives mapped against CEDS plans to highlights gaps in collaboration
Prepared best practices guide to inform efforts aimed at increasing alignment, collaboration and co-investment between states and locals EDDs
Develop guidelines for integrating int’l engagement content into the CEDS process and add to the USACompetes.com website to increase the emphasis on global connections in the state and regional CEDS
NADO:
Support project team with the creation of the state/EDD matrix
Support project team with the development of the Best Practices Guides
Engage state-leaders in state-EDA working group to amplify EDA’s priority tools and resources and create interaction opportunities
Develop education content to inform priority issues – workforce talent development, supply chain, grant writing for persistent underserved communities
Develop peer-led online curriculum to guide new state ED leaders as they align state efforts with the broader EDO ecosystem and enhance working relationship with EDDs and CEDS - onboarding
Deliver educational content in person and virtually to improve understanding of the importance of collaboration and to expand adoption of best practices among key constituencies – SEDE, NADO, CSG, etc.
Deliver 12 webinars on topics targeted to state ED leaders to leverage state resources to support EDA priorities
NADO:
Contribute content and identify/recruit potential speakers on priority issues
Deliver up to 3 training modules as part of peer-led online curriculum
Provide space at NADO conferences for trainings/networking
Deliver up to 3 webinars on relevant topics
Deliver onsite and virtual TA efforts via partner conferences or peer exchanges to increase adoption of collaborative initiatives
Conducts hands-on TA engagement with 6 states through Policy Academy cohort process to refine state economic recovery and development strategies to better integrate outcomes with those in CEDS and promote equity
Conduct outreach and TA to incorporate int’l engagement strategies into local CEDS
Convene bi-annual meetings of state economic development agency leaders to advance effective practice and better align with EDA goals
NADO:
Support project team with delivery of Policy Academy
Support project team by providing space at NADO conferences for training/networking
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EDDs are often used as a resource not a partner
Political environment can make collaborating challenging
EDDs want institutional relationships that go beyond current players
40% reported collaborating with their state on an EDA grant application in 2021
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WE TALK ABOUT FACTORS OF LOCATION... AND MOST HAVE CHANGED OVER THE YEARS...
HERE’S WHAT COMPANIES ARE SAYING ABOUT
Availability of Labor
Labor Costs
6. QOL
Taxes and Incentives – 4,5,7
SHOWS HOW IMPORTANT QOL IS BECOMING WITH WHAT’S BECOMING TODAY’S WORKFORCE
RE-CREATE CHART HERE