Approaches and resources for economic developers in growing local and regional economies. Presented to the New Hampshire Economic Development Association 6-19-15 - focus on networks, talent, and place
Presented as a kick-off to the 2016 University of New Hampshire Cooperative Extension Economic Development Academy to provide an understanding of what is economic development, the role of the economic developer, factors that drive success in economic development, recent trends impacting economic development, and lessons from the field.
Communities are increasingly adopting smart technology, process, and applications for public safety, public works, infrastructure, and planning. This presentation explores and provides examples of integrating and leveraging digital technologies and start for economic development.
All Things Data - Core Tools for Economic Development PractitionersTom Dworetsky, AICP
This document discusses various data resources that can be used for economic development purposes. It begins by describing Camoin Associates, an economic consulting firm, and the types of services they provide including strategic planning, market analysis, and impact analysis. It then provides descriptions of numerous data resources that can be used for tasks like industry and market analysis, workforce development, and real estate analysis. These include tools from EMSI, ESRI, Costar, IBISWorld, the Bureau of Labor Statistics, and more. It emphasizes choosing reliable, customized, and interactive data sources. Overall, the document aims to educate economic development practitioners on utilizing data resources in their work.
The document discusses using technology to effectively manage communications and engage coworkers, partners, and communities in economic development. It provides tips and solutions for using email, social media, websites, and other tools to share information and tell the stories of local areas. Specific recommendations are given for personal email organization, turning emails into actions, using digital signatures and faxing, social media posting best practices, and tracking website analytics.
Presented as part of FOCUS Greater Syracuse's Citizens Academy
Emerging Trends in Economic Development
What it takes for strategic planning implementation success.
The document discusses the Minnesota Entrepreneurial Gateway (MEG) which is an online and on-the-ground network that connects emerging businesses and community leaders with resources to support entrepreneurship. It aims to transform economic development approaches to better support entrepreneurship through community informatics tools, coordinated systems, and policies that encourage small business development. The MEG pilot sites demonstrate ways to organize local resources, reduce costs for small businesses, and create an entrepreneurial culture.
TCI 2015 Creative Economy: Innovation, Trade and Business Opportunities TCI Network
This document discusses the creative economy and its importance. It covers:
1) How the world is changing due to technological and cultural shifts, requiring more innovation.
2) The creative economy contributes to growth by fostering creativity, clusters, education and knowledge.
3) Trade of creative goods and services is growing, providing business opportunities, especially in areas like media, music, design and cultural activities.
4) Nurturing creative capacities requires investing in intellectual capital, education and lifelong learning to drive innovation.
Intelligent Community Regional WorkshopsAnn Treacy
Session held: Red Wing* Monday, August 12 9:00-10:30 am
Red Wing Ignite 419 Bush Street Red Wing, MN 55066
Brainerd Tuesday, August 13 9:00-10:30 am
Brainerd Lakes Area Development Corp. 224 West Washington Street Brainerd, MN 56401
Bemidji Wednesday, August 14 9:30-11:00 am
Bemidji Launchpad 102 1st Street West Bemidji, MN 56601
Appleton Monday, August 19 1:00-2:30 pm
Upper MN Valley Regional Dev. Commission Appleton Civic Center 323 West Schlieman Avenue Appleton, Minnesota 56208
https://blandinonbroadband.org/2019/07/23/is-your-community-ready-to-join-the-smart21/
Presented as a kick-off to the 2016 University of New Hampshire Cooperative Extension Economic Development Academy to provide an understanding of what is economic development, the role of the economic developer, factors that drive success in economic development, recent trends impacting economic development, and lessons from the field.
Communities are increasingly adopting smart technology, process, and applications for public safety, public works, infrastructure, and planning. This presentation explores and provides examples of integrating and leveraging digital technologies and start for economic development.
All Things Data - Core Tools for Economic Development PractitionersTom Dworetsky, AICP
This document discusses various data resources that can be used for economic development purposes. It begins by describing Camoin Associates, an economic consulting firm, and the types of services they provide including strategic planning, market analysis, and impact analysis. It then provides descriptions of numerous data resources that can be used for tasks like industry and market analysis, workforce development, and real estate analysis. These include tools from EMSI, ESRI, Costar, IBISWorld, the Bureau of Labor Statistics, and more. It emphasizes choosing reliable, customized, and interactive data sources. Overall, the document aims to educate economic development practitioners on utilizing data resources in their work.
The document discusses using technology to effectively manage communications and engage coworkers, partners, and communities in economic development. It provides tips and solutions for using email, social media, websites, and other tools to share information and tell the stories of local areas. Specific recommendations are given for personal email organization, turning emails into actions, using digital signatures and faxing, social media posting best practices, and tracking website analytics.
Presented as part of FOCUS Greater Syracuse's Citizens Academy
Emerging Trends in Economic Development
What it takes for strategic planning implementation success.
The document discusses the Minnesota Entrepreneurial Gateway (MEG) which is an online and on-the-ground network that connects emerging businesses and community leaders with resources to support entrepreneurship. It aims to transform economic development approaches to better support entrepreneurship through community informatics tools, coordinated systems, and policies that encourage small business development. The MEG pilot sites demonstrate ways to organize local resources, reduce costs for small businesses, and create an entrepreneurial culture.
TCI 2015 Creative Economy: Innovation, Trade and Business Opportunities TCI Network
This document discusses the creative economy and its importance. It covers:
1) How the world is changing due to technological and cultural shifts, requiring more innovation.
2) The creative economy contributes to growth by fostering creativity, clusters, education and knowledge.
3) Trade of creative goods and services is growing, providing business opportunities, especially in areas like media, music, design and cultural activities.
4) Nurturing creative capacities requires investing in intellectual capital, education and lifelong learning to drive innovation.
Intelligent Community Regional WorkshopsAnn Treacy
Session held: Red Wing* Monday, August 12 9:00-10:30 am
Red Wing Ignite 419 Bush Street Red Wing, MN 55066
Brainerd Tuesday, August 13 9:00-10:30 am
Brainerd Lakes Area Development Corp. 224 West Washington Street Brainerd, MN 56401
Bemidji Wednesday, August 14 9:30-11:00 am
Bemidji Launchpad 102 1st Street West Bemidji, MN 56601
Appleton Monday, August 19 1:00-2:30 pm
Upper MN Valley Regional Dev. Commission Appleton Civic Center 323 West Schlieman Avenue Appleton, Minnesota 56208
https://blandinonbroadband.org/2019/07/23/is-your-community-ready-to-join-the-smart21/
The Challenge of Assessing the Creative Economy: Towards Informed Policy MakingMohamad Adriyanto
This document discusses assessing the creative economy and providing informed policymaking. It notes that the creative industries are among the most dynamic emerging sectors in world trade, growing at an average annual rate of 8.7% from 2000-2005. However, most developing countries have yet to harness their creative capacities for development. The report aims to develop a better understanding of the creative economy and how developing countries can leverage it for growth by linking economic, technological, social and cultural objectives.
This document discusses strategies for Washington state to promote innovation-driven economic growth. It argues that Washington needs to broaden its focus on innovation beyond just high-tech industries to all sectors. The document recommends that Washington establish regional innovation clusters and partnership zones to collaborate across industries, universities, and regions. It also suggests policies to improve talent development, increase investment in commercialization, upgrade infrastructure, promote exports, and brand Washington as a leader in innovation. The overall goal is for Washington to have the most attractive environment for innovation in the world by 2020.
TCI 2015 Investing for a Creative RegionTCI Network
This document summarizes an initiative called the Creative Futures Partnership in the Highlands and Islands region of Scotland, which covers half the country but has a sparse population of 500,000 across 90 islands and small towns. The Partnership brings together communities, businesses, and researchers from the Glasgow School of Art to promote design-led innovation and create a more flourishing regional economy. It has established a Design Network to support the local design community through events, skills workshops, internships, and collaborations between designers, businesses, and schools, while also fostering international connections. The goal is to transform traditional and cultural skills into economic opportunities and support a vibrant creative industries sector through collaboration between academia and the region.
This document provides an overview of the services offered by a venture capital firm. They include providing capital and financial support, strategic support for business and sales strategies, corporate structuring support and leveraging industry networks, operational optimization and cost management support, connecting to potential customers and partners, and human capital services like coaching and talent retention. The document also lists several industries they focus on and provides statistics on global and local venture capital activity and the importance of venture capital for economic prosperity, job creation, and developing new industries.
IT-oLogy Summit on Information Technology: Regional Impact and Issues in SC L...IT-oLogy
Lowcountry IT is focused on making the Charleston region more competitive nationally in technology. It promotes incentives like a quality lifestyle that attract developers to start companies. The area has seen strong job and business growth in tech and tourism. Education initiatives across all ages aim to grow local tech talent. Recent public policy changes make it easier for South Carolina businesses to raise capital from within the state. If these policies help more local investment, it could provide hundreds of millions annually to South Carolina tech companies. The local tech industry continues growing through diverse sectors, open source adoption, startup support, and increased funding.
World Congress on Information Technology 2014 - MéxicoWCIT 2014
The World Congress on Information Technology (WCIT), often referred to as the “Olympics” of the ICT Industry, is the biennial flagship event organized, since 1978, by the World Information Technology and Services Alliance (WITSA), the leading consortium of the ICT industry.
This year, Mexico will host the event for the first time in Latin America in alliance with the Federal and State Government of the country and with the IT Industry.
Presentation given during the IFAC Professional Accountants in Business Committee meeting on tech trends and their impact, and disruption, of the finance function and accounting/accountancy. Presented as an overview and collection of resources.
Presented at Innowave Summit - Varna
We need to create a startup friendly ecosystems for entrepreneurs, so they can concentrate fully on innovative growth without being hindered by infrastructural and administrative challenges.
North American International Technovation Festivalguest386fdd
The North American International Technovattion Festival is a 3-Day Celebration of Cutting Edge Innovation & Technology, Showcasing Visionary Thinkers, Companies, Artists and more,
Through Expositions, Conferences and Performances in a Unique Festive Environment.
The document discusses the digital economy, which refers to economic activities that use digitized information and ICT as a driver of productivity and optimization. It notes key tools of digitalization like the internet, cloud computing, big data, IoT, and AI. These digital technologies are embedded in various sectors like healthcare, banking, communication, e-commerce, and entertainment. The government has taken initiatives to increase FDI, smart phone penetration, implemented Aadhaar and GST, and created UPI for payments. However, challenges remain like slow Wi-Fi rollout, lack of technology adoption among SMEs, limited smart phone capabilities, skills shortage, and lack of user education.
This document discusses policy experiences with collateralizing intangible assets. It provides rationales for policy intervention due to the proliferation of intangibles, market failures in debt financing for SMEs, and potential spillover effects. However, there are constraints to collateralizing intangibles, including asymmetric information and high transaction costs. The document examines policy case studies from China, Japan, and Korea that aim to address these issues through various support schemes. Key lessons highlighted include the need to work at scale, engage the private sector, standardize valuation methods, and broaden the view of intangibles beyond just patents.
Statistical agencies facing digital era, Riitta Piela, Statistics FinlandTilastokeskus
Statistical agencies are facing challenges from digitalization. Digitalization is restructuring social life around digital technologies and changing business models. This pushes statistical agencies to the margins as private sector experiences and network-based information replace centralized statistics. Statistical agencies must understand how digitalization affects individuals' behaviors and disrupts markets. They need to position themselves as a strategic information provider and counter to misinformation. To do so, they must become more customer-focused by understanding experiences, using visualization and storytelling, and ensuring statistics remain relevant. Statistical agencies also need to adopt leading-edge technologies, continuously learn, and improve their organizational flexibility and employees' capabilities to adapt to a changing environment and workforce.
How Technology is Changing Disaster ManagementGisli Olafsson
A presentation given in Taiwan on how technology is affecting the field of disaster management.
Smart use of technology is disrupting the way we prepare for, respond to, and recover from disasters. Ever increasing computing power allows for more complex prediction and forecasting to be done, enabling better early warning systems to be developed. Human and electronic sensors are now able to provide disaster managers with information about the situation on the ground in the immediate aftermath of a disaster. Explosive growth in mobile phone ownership also enables citizens to become active participants in the disaster response process instead of being simply receivers of assistance. Social networks and mobile platforms allow communities to coordinate their own response and recovery effort, often faster and more efficient than the government can. In this session, we will discuss how we disaster managers can harness these changes instead of fearing them.
- The humanitarian response system is outdated and in need of disruption to address current challenges and leverage new technologies.
- Connectivity, mobile phones, social media, and digital volunteers have transformed the information landscape but humanitarian organizations have been slow to adapt.
- New approaches are needed that empower local communities, leverage digital tools, supplement local capacity rather than replace it, and develop sustainable and scalable solutions instead of one-off projects. Silicon Valley models of innovation and funding could be applied to drive disruption in humanitarian response.
ICT Entrepreneurship in Developing Countries: Challenges and BeyondFaheem Hussain
Dr. Faheem Hussain presented on ICT entrepreneurship in developing countries. He discussed how ICT entrepreneurs utilize digital tools to ensure participation, return on investment, and expand access. However, developing countries face many challenges, including outdated policies, lack of intellectual property protection, and inefficient financial systems. Opportunities exist through collaborative approaches between government, private sector, and entrepreneurs to develop infrastructure, inclusive services, and support mechanisms.
This document discusses how the EU can promote innovation-friendly public interventions and institutions. It argues that comprehensive government intervention is needed to achieve smart, sustainable and inclusive growth. It outlines several areas where the EU is taking actions such as: 1) regulating markets in a way that reduces barriers and facilitates innovation while being technology neutral; 2) implementing an "Innovation Principle" to scrutinize new regulations' impact on innovation; and 3) reforming competition policy, taxation, access to finance, and public institutions to better support innovation. National Productivity Boards can also help inform structural reforms that boost productivity in an innovation-friendly way.
This document summarizes a presentation on economic development strategic planning given by Jim Damicis of Camoin Associates. It discusses what strategic planning is, why communities undertake it, and the key benefits. It outlines the strategic planning process, including organizing stakeholders, developing a shared vision and goals, identifying issues and projects, implementation, and evaluation. It emphasizes the importance of leadership, collaboration, and ongoing adaptation. The presentation provides lessons learned and tips for strategic planning best practices.
This document provides an overview of municipal impact fees in the City of Westbrook, Maine. It defines impact fees as a method of financing land, capital, and infrastructure through fees on new development to pay for the portion of demand it generates. It discusses how state law enables municipalities to enact impact fees and how fees can be used. It also covers how to calculate impact fees based on understanding current and future infrastructure needs, alternatives to impact fees like taxes and negotiations, tips on use of impact fees, examples of Maine communities that have used them, and resources on impact fees.
The Challenge of Assessing the Creative Economy: Towards Informed Policy MakingMohamad Adriyanto
This document discusses assessing the creative economy and providing informed policymaking. It notes that the creative industries are among the most dynamic emerging sectors in world trade, growing at an average annual rate of 8.7% from 2000-2005. However, most developing countries have yet to harness their creative capacities for development. The report aims to develop a better understanding of the creative economy and how developing countries can leverage it for growth by linking economic, technological, social and cultural objectives.
This document discusses strategies for Washington state to promote innovation-driven economic growth. It argues that Washington needs to broaden its focus on innovation beyond just high-tech industries to all sectors. The document recommends that Washington establish regional innovation clusters and partnership zones to collaborate across industries, universities, and regions. It also suggests policies to improve talent development, increase investment in commercialization, upgrade infrastructure, promote exports, and brand Washington as a leader in innovation. The overall goal is for Washington to have the most attractive environment for innovation in the world by 2020.
TCI 2015 Investing for a Creative RegionTCI Network
This document summarizes an initiative called the Creative Futures Partnership in the Highlands and Islands region of Scotland, which covers half the country but has a sparse population of 500,000 across 90 islands and small towns. The Partnership brings together communities, businesses, and researchers from the Glasgow School of Art to promote design-led innovation and create a more flourishing regional economy. It has established a Design Network to support the local design community through events, skills workshops, internships, and collaborations between designers, businesses, and schools, while also fostering international connections. The goal is to transform traditional and cultural skills into economic opportunities and support a vibrant creative industries sector through collaboration between academia and the region.
This document provides an overview of the services offered by a venture capital firm. They include providing capital and financial support, strategic support for business and sales strategies, corporate structuring support and leveraging industry networks, operational optimization and cost management support, connecting to potential customers and partners, and human capital services like coaching and talent retention. The document also lists several industries they focus on and provides statistics on global and local venture capital activity and the importance of venture capital for economic prosperity, job creation, and developing new industries.
IT-oLogy Summit on Information Technology: Regional Impact and Issues in SC L...IT-oLogy
Lowcountry IT is focused on making the Charleston region more competitive nationally in technology. It promotes incentives like a quality lifestyle that attract developers to start companies. The area has seen strong job and business growth in tech and tourism. Education initiatives across all ages aim to grow local tech talent. Recent public policy changes make it easier for South Carolina businesses to raise capital from within the state. If these policies help more local investment, it could provide hundreds of millions annually to South Carolina tech companies. The local tech industry continues growing through diverse sectors, open source adoption, startup support, and increased funding.
World Congress on Information Technology 2014 - MéxicoWCIT 2014
The World Congress on Information Technology (WCIT), often referred to as the “Olympics” of the ICT Industry, is the biennial flagship event organized, since 1978, by the World Information Technology and Services Alliance (WITSA), the leading consortium of the ICT industry.
This year, Mexico will host the event for the first time in Latin America in alliance with the Federal and State Government of the country and with the IT Industry.
Presentation given during the IFAC Professional Accountants in Business Committee meeting on tech trends and their impact, and disruption, of the finance function and accounting/accountancy. Presented as an overview and collection of resources.
Presented at Innowave Summit - Varna
We need to create a startup friendly ecosystems for entrepreneurs, so they can concentrate fully on innovative growth without being hindered by infrastructural and administrative challenges.
North American International Technovation Festivalguest386fdd
The North American International Technovattion Festival is a 3-Day Celebration of Cutting Edge Innovation & Technology, Showcasing Visionary Thinkers, Companies, Artists and more,
Through Expositions, Conferences and Performances in a Unique Festive Environment.
The document discusses the digital economy, which refers to economic activities that use digitized information and ICT as a driver of productivity and optimization. It notes key tools of digitalization like the internet, cloud computing, big data, IoT, and AI. These digital technologies are embedded in various sectors like healthcare, banking, communication, e-commerce, and entertainment. The government has taken initiatives to increase FDI, smart phone penetration, implemented Aadhaar and GST, and created UPI for payments. However, challenges remain like slow Wi-Fi rollout, lack of technology adoption among SMEs, limited smart phone capabilities, skills shortage, and lack of user education.
This document discusses policy experiences with collateralizing intangible assets. It provides rationales for policy intervention due to the proliferation of intangibles, market failures in debt financing for SMEs, and potential spillover effects. However, there are constraints to collateralizing intangibles, including asymmetric information and high transaction costs. The document examines policy case studies from China, Japan, and Korea that aim to address these issues through various support schemes. Key lessons highlighted include the need to work at scale, engage the private sector, standardize valuation methods, and broaden the view of intangibles beyond just patents.
Statistical agencies facing digital era, Riitta Piela, Statistics FinlandTilastokeskus
Statistical agencies are facing challenges from digitalization. Digitalization is restructuring social life around digital technologies and changing business models. This pushes statistical agencies to the margins as private sector experiences and network-based information replace centralized statistics. Statistical agencies must understand how digitalization affects individuals' behaviors and disrupts markets. They need to position themselves as a strategic information provider and counter to misinformation. To do so, they must become more customer-focused by understanding experiences, using visualization and storytelling, and ensuring statistics remain relevant. Statistical agencies also need to adopt leading-edge technologies, continuously learn, and improve their organizational flexibility and employees' capabilities to adapt to a changing environment and workforce.
How Technology is Changing Disaster ManagementGisli Olafsson
A presentation given in Taiwan on how technology is affecting the field of disaster management.
Smart use of technology is disrupting the way we prepare for, respond to, and recover from disasters. Ever increasing computing power allows for more complex prediction and forecasting to be done, enabling better early warning systems to be developed. Human and electronic sensors are now able to provide disaster managers with information about the situation on the ground in the immediate aftermath of a disaster. Explosive growth in mobile phone ownership also enables citizens to become active participants in the disaster response process instead of being simply receivers of assistance. Social networks and mobile platforms allow communities to coordinate their own response and recovery effort, often faster and more efficient than the government can. In this session, we will discuss how we disaster managers can harness these changes instead of fearing them.
- The humanitarian response system is outdated and in need of disruption to address current challenges and leverage new technologies.
- Connectivity, mobile phones, social media, and digital volunteers have transformed the information landscape but humanitarian organizations have been slow to adapt.
- New approaches are needed that empower local communities, leverage digital tools, supplement local capacity rather than replace it, and develop sustainable and scalable solutions instead of one-off projects. Silicon Valley models of innovation and funding could be applied to drive disruption in humanitarian response.
ICT Entrepreneurship in Developing Countries: Challenges and BeyondFaheem Hussain
Dr. Faheem Hussain presented on ICT entrepreneurship in developing countries. He discussed how ICT entrepreneurs utilize digital tools to ensure participation, return on investment, and expand access. However, developing countries face many challenges, including outdated policies, lack of intellectual property protection, and inefficient financial systems. Opportunities exist through collaborative approaches between government, private sector, and entrepreneurs to develop infrastructure, inclusive services, and support mechanisms.
This document discusses how the EU can promote innovation-friendly public interventions and institutions. It argues that comprehensive government intervention is needed to achieve smart, sustainable and inclusive growth. It outlines several areas where the EU is taking actions such as: 1) regulating markets in a way that reduces barriers and facilitates innovation while being technology neutral; 2) implementing an "Innovation Principle" to scrutinize new regulations' impact on innovation; and 3) reforming competition policy, taxation, access to finance, and public institutions to better support innovation. National Productivity Boards can also help inform structural reforms that boost productivity in an innovation-friendly way.
This document summarizes a presentation on economic development strategic planning given by Jim Damicis of Camoin Associates. It discusses what strategic planning is, why communities undertake it, and the key benefits. It outlines the strategic planning process, including organizing stakeholders, developing a shared vision and goals, identifying issues and projects, implementation, and evaluation. It emphasizes the importance of leadership, collaboration, and ongoing adaptation. The presentation provides lessons learned and tips for strategic planning best practices.
This document provides an overview of municipal impact fees in the City of Westbrook, Maine. It defines impact fees as a method of financing land, capital, and infrastructure through fees on new development to pay for the portion of demand it generates. It discusses how state law enables municipalities to enact impact fees and how fees can be used. It also covers how to calculate impact fees based on understanding current and future infrastructure needs, alternatives to impact fees like taxes and negotiations, tips on use of impact fees, examples of Maine communities that have used them, and resources on impact fees.
Tax Increment Financing (TIF) allows future property tax revenues from a development project to be used to finance that project. Municipalities in Connecticut can establish TIF districts and use the incremental tax revenues to support public infrastructure and private development costs within the district. The TIF process involves establishing a master plan with the TIF district boundaries and financial details, holding public hearings, and obtaining legislative approval. Revenues can be used flexibly for costs like infrastructure, land acquisition, and economic development initiatives.
This document outlines the importance of stakeholder engagement in economic development strategic planning. It recommends including a diverse array of individuals and groups with interests in the community's economic success. Leadership teams should drive the process, with advisory teams providing expertise and task forces conducting work. Public relations efforts can build support. The roles of consultants, leadership, and an executive team for implementation are also discussed. Costs depend on factors like scope, size, and use of consultants.
Jim Damicis gave a presentation on organizational strategic planning for economic development. He discussed the role of economic development organizations in leading strategic planning efforts and assessing their institutional capacity. Damicis also covered identifying lead and secondary responsibilities for implementing initiatives, developing action plans, monitoring implementation, and establishing a monitoring body to provide oversight. The presentation provided guidance on the strategic planning process and implementing, overseeing, and updating economic development plans.
Organizing for Strategic Planning April 28-April 29 2016Alexandra Tranmer
This document outlines best practices for strategic planning engagement and implementation. It recommends taking an inclusive approach to stakeholder involvement by erring on the side of being all-inclusive. Key groups to engage include businesses, organizations, citizens, and elected officials. The engagement process should build capacity for implementation through developing trust, skills, and shared understanding. Implementation begins during the planning process. Leadership is important and should include well-respected individuals able to recruit others and be fair and ethical. Advisory teams provide expertise while task forces conduct specific work. A consulting team can help with facilitation and analysis but community involvement is still needed. Public relations ensures communication with stakeholders throughout.
Organizational Strategic Planning April 28-April 29 2016 Alexandra Tranmer
The document discusses organizational strategic planning for economic development. It outlines assessing an organization's institutional capacity, identifying lead and secondary entities to implement economic development initiatives, and establishing a monitoring body to oversee implementation and obtain status reports. The presentation also notes the role of economic developers in being adaptable and relying on information, transparency, and metrics to guide their work.
This document provides an overview of strategic planning presented by Jim Damicis of Camoin Associates. It discusses what strategic planning is, why organizations do it, and the key benefits. The presentation covers the common strategic planning process which includes organizing stakeholders, developing a shared vision, assessing the situation, identifying goals and strategies, implementing plans, and ongoing evaluation. It emphasizes the importance of widespread participation, a clear vision, champions, and a willingness to collaborate. The presentation also discusses common barriers and lessons learned from applying strategic planning in the field.
Strategic Project/Initiative Identification and Implementation April 28-April...Alexandra Tranmer
The document outlines the principal stages of a strategic economic development project cycle: project identification, assessment or appraisal, and implementation. It discusses gathering ideas, evaluating projects based on strategic goals and objectives, conducting feasibility studies, and prioritizing projects using criteria like impact, feasibility, and cost-benefit analysis. Action plans are created to define tasks, timelines, impacts, funding, and benchmarks for implementation. The process requires flexibility and annual revisiting to update plans based on new opportunities or threats.
This document outlines the principal stages of an economic development project cycle including project identification, assessment, and implementation. It discusses ways to gather initial project ideas from existing plans and stakeholder input. Key aspects of project assessment include evaluating projects based on strategic goals, feasibility analysis considering factors like market demand, costs, community support, and available resources and skills. The document provides templates for organizing project information and comparing alternatives to establish priorities. Implementation involves developing action plans with timelines, responsibilities, and expected outcomes to carry projects forward. Ongoing monitoring and amendment of the economic development plan is also recommended.
The document discusses a presentation on strategic planning for economic development. It introduces the speaker, Jim Damicis, and his experience. It then outlines the services provided by Camoin Associates, including comprehensive economic development strategies, stakeholder engagement, and workforce development. The presentation covers what strategic planning is, why organizations do it, and the benefits. It discusses assessing an area's situation and vision, identifying issues and goals, implementing plans, and ongoing monitoring and adjustment. Key factors for successful strategic planning include participation, commitment to progress, and an understanding of what success looks like.
The Top Skills That Can Get You Hired in 2017LinkedIn
We analyzed all the recruiting activity on LinkedIn this year and identified the Top Skills employers seek. Starting Oct 24, learn these skills and much more for free during the Week of Learning.
#AlwaysBeLearning https://learning.linkedin.com/week-of-learning
The Economics of Kindness: The Birth of a New Cooperative Economy.
Here is the link for Part 2: https://www.slideshare.net/GuyDauncey/the-economics-of-kindness-part-2
Today’s economy has become for many a kindness-free zone, in which most of the benefits go to the rich, while others suffer, and nature is assaulted.
Capitalism is based on the competitive pursuit of self- interest, but a new economy is emerging to replace it, based on cooperation and kindness. It is being built in cities and on farms, in new kinds of business and banking, and in new approaches to work.
Guy Dauncey is a futurist who works to develop a positive vision of a sustainable future, and to translate that vision into action. His work has been enthusiastically received by environmental activists, politicians, scientists and community planners, including prominent Canadians such as David Suzuki and Elizabeth May. He is the author of Journey to the Future and The Climate Challenge: 101 Solutions to Global Warming.
The document discusses trends in the region including rising costs of living, growing income inequality, and environmental crises. It then outlines the role of community economic development (CED) in generating solutions to issues like poverty and building community sustainability through local economic opportunities and leadership. CED approaches address social, economic, and environmental challenges through community-led and holistic solutions like rebuilding local economies, small businesses, cooperatives, youth entrepreneurship, and community investment funds.
The document defines an entrepreneur as an innovator who brings economic development through new combinations of factors of production. It provides definitions from various sources that describe an entrepreneur as someone who organizes, manages, and assumes the risk of a business venture. The document also outlines the key steps in the entrepreneurial process - discovery of opportunities, development of a business concept and plan, acquisition of necessary resources, actual business operations, and eventually harvesting the business results.
During the 2016 NADO Annual Training Conference, Melissa Levy of Community Roots led the workshop "Creating Wealth in Regional Economies," training attendees on building multiple forms of wealth and strengthening planning processes.
Why housing matters and what local officials can do to foster quality housing in their communities - presented by Christa Ouderkirk Franzi to the NYCOM Spring 2019
The document discusses efforts to promote regional entrepreneurship in Western North Carolina. It describes the creation of a Certified Entrepreneurial Community program to help communities support local entrepreneurship. The program involves 5 steps that communities can take to assess and improve their capacity for fostering entrepreneurship. An example is provided of Mitchell County, NC going through the program and developing goals, objectives and future plans to strengthen local small businesses.
The document discusses Gandhi's vision of development and the challenges in implementing it. It outlines Gandhi's critique of industrial development as exploitative and unequal. Gandhi's model advocated for rural industrialization and self-sufficient village republics producing basic necessities. However, challenges remain in the technical and social feasibility of this decentralized model. Values education is needed for sustainable development focused on equity over just economic growth. Overall the document argues for reconsidering development strategies in line with Gandhi's holistic and non-exploitative vision.
This document summarizes the key findings and recommendations from a planning process for Lee County, Florida. The planning process assessed the feasibility of developing an "Innovation Diamond" concept to diversify the local economy through research and sustainable industries. Key recommendations included:
- Physically reshaping the city to attract innovators by fostering dense, walkable, mixed-use development near transit and creating activity centers.
- Adopting new development formats like walkable workplace districts, innovation clusters near universities, and revitalizing industrial areas to attract knowledge workers and small/medium firms.
- Focusing economic development efforts on target industries like aerospace, clean technology, life sciences and healthcare through investment, business encouragement,
The document outlines the objectives and scope of a project initiation meeting for the Hoosick Rising economic development initiative. The objectives are to inform leadership about economic trends impacting Hoosick, begin the capacity building and recruitment process, and discuss existing project ideas. The scope involves community engagement, an economic profile analysis, identifying strengths/weaknesses/opportunities/threats, and developing an action plan and implementation strategy. The meeting aims to recruit volunteers to brand the initiative as "Hoosick Rising" and disseminate the message to build excitement and involvement.
UNH Cooperative Extension launched its inaugural Economic Development Academy (EDA) in 2014 at UNH Manchester. Last year's participants included economic development practitioners, county managers, and economic development organization/agency staff. This presentation was given by Jim Damicis of Camoin Associates on trends in economic development.
Role of entrepreneurs in socio economic development demo pptDivyaRastogiRHPGDII
Entrepreneurs play an important role in socio-economic development by increasing production, providing career opportunities, and decentralizing economic power. They introduce innovation, create jobs, and harness youth potential. Balanced regional development through entrepreneurship can help reduce income disparities between regions and provide equitable employment while optimizing resource use.
This document discusses social entrepreneurship and provides definitions and examples. It defines social entrepreneurship as recognizing a social problem and using business principles to create an organization to enact social change. It notes debates around definitions and discusses characteristics of social entrepreneurs like self-efficacy and resilience. It also highlights that social enterprises account for 10% of EU businesses and have created 10% of new jobs, showing their potential for inclusive growth. The document advocates for increased support of social enterprises in Europe through funding and priority investment.
Innovative Models and e-Marketing for Social Enterprisesin the age of Digita...Syed Mohsin Raja
is from the second lecture session that Syed delivered during the Social Entrepreneurship Development Programme for Youth in Assam Rajiv Gandhi University of Cooperative Management, Sibsagar, Assam.
Oxfam mentions Sote Hub in Challenges for Rural Enterprises & Rural Hubs Sote ICT
Oxfam mentions Sote Hub as one of the inspirational approaches to rural startup hubs for their new program "Empower Youth for Work” they just launched in four countries - Pakistan, Bangladesh, Indonesia and Ethiopia. They mentioned our ideas:
1. Increase sustainability through selling services;
2. Cooperate with local government and donors through Memorandums of Understanding;
3. Help teams of young entrepreneurs to gain skills and prepare them for bigger investors;
4. Let students solve local problems or test new products;
5. Organize annual trade fairs and pitching competitions where young people can pitch to businessmen, local government and investors but don't have just NGO people in the jury;
6.Organize flexible peer-to-peer learning groups and tailor-made services for young people and girl groups;
7. Organize skype calls with outsiders and students abroad to open up minds and share expertise.
This document discusses social entrepreneurship over 32 pages. It defines social entrepreneurship as pursuing opportunities to create social value rather than maximizing profits. Social entrepreneurs are driven by their mission to create social impact, which can be difficult to measure. They continuously innovate and adapt to serve their social mission. While businesses may create social impacts unintentionally, social entrepreneurs design their organizations and solutions specifically to create sustained positive social change. The document also notes that while MBAs can help social sector organizations with skills like leveraging resources and improving efficiency, it is important for those with business backgrounds to respect the work already being done and understand the limits of market-based solutions for social problems.
This document discusses social entrepreneurship and its key aspects in 3 paragraphs:
Social entrepreneurship combines business skills with a social mission to create sustainable solutions to social problems. Social entrepreneurs measure success by their social impact rather than profits. They pursue opportunities to create social value through innovation and are not constrained by a lack of resources.
Unlike businesses, social entrepreneurs design their organizations and solutions to directly create measurable social benefits. However, using business skills and a market-based approach can help social organizations increase their impact, efficiency, and sustainability compared to relying solely on donations or government support.
While business skills and market discipline can help scale social solutions, social entrepreneurs must respect the social sector context and be sensitive to its limitations.
The role of co ops in local economic renewalEd Mayo
Can you turn around neighbourhoods and foster sustainable renewal? Drawing on work I have been involved in over time, with hopeful examples and practical health warnings, this deck explores the role of co-operatives and community economic development.
The Impact of Generative AI and 4th Industrial RevolutionPaolo Maresca
This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
1. Trends in Growing Local Economies
Prepared for New Hampshire Economic Development Association
June 19 2015
Presentation By:
Jim Damicis
Senior Vice President
jim@camoinassociates.com
www.camoinassociates.com
Twitter: @jdamicis
Linkedin: www.linkedin.com/in/jdamicis
Blog: www.camoinassociates.com/blog/
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2. Growing Local Economies – Why Grow Local?
• Greater local impact – churn $ in local economy
• Builds diversity, resiliency, sustainability, networks
• Taking care of your own destiny – building and leveraging
local assets and not dwelling on what you don’t have
• Supports business, workforce, and investment attraction –
people and businesses want to be where good things are
happening locally and this drives investment
• Leverages emerging economic trends: independent,
telecommuter, gig, and freelance workers, small-niche
businesses
2
3. Growing Local Economies – Tools and Approaches
• Economic Gardening – Asset Based Economic Development
• Buy Local, Grow Local
• Place Making
• Makers, Maker Spaces, Design Labs
• Entrepreneurship, Start-Up, Incubation, Acceleration, Co-
working
• Innovative Communities - Smart-Gig-Connected
Communities
• Resiliency, Sustainability, Economic diversity
• Networks – Building the “Rainforest”
• Workforce and People Attraction
• Creative Economy
3
4. Growing Local Economies –Tools and Approaches:
Economic Gardening
“Economic gardening takes an entrepreneurial
approach to regional prosperity.”
“a grow from within” strategy, it helps existing
companies within a community grow larger.”
http://edwardlowe.org/tools-programs/economic-gardening/
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5. Growing Local Economies –Tools and Approaches:
Place Making, Workforce and People Attraction
•Once you understand that workforce, skills, and
talent drive growth (hence people) then place
making, workforce, and people development must
be part of economic development
•Including consideration of:
• Housing
• Transportation
• Education
• Recreation, Arts, Culture, Amenities
• Community Health
• Design
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6. Growing Local Economies –Tools and Approaches:
Networks
• Creative Molecular Economy “an economy based on
integration of emerging technologies, creative individuals,
small groups and companies working in self-organized
interlocking networks, connecting and disconnecting
constantly in processes of continuous innovation.” Searching
for a New Dynamic: Rethinking Economic Development, Jim
Damicis and Rick Smyre
• “The vibrancy of the rainforest (new economic model)
correlates to the number of people in the network and their
ability to connect” Victor W. Huwang and Greg Horowitt, The
Rainforest
Networked Economy = biological economy
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7. Growing Local Economies - Measurement
•Will require new measures beyond job and tax
revenues
•Capture concepts that include:
• Livability
• Sustainability
• Business Competiveness
• Sustainability
• Economic Diversity
• Creative Economy
• Network Presence and Strength
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8. Growing Local Economies - Resources
• Communities of the Future – Creative Molecular Economy -
www.youtube.com/watch?v=p8dYCvQ-_r0
• The Rainforest Network - http://innovationrainforest.com
• BALLE - https://bealocalist.org/
• Strong Towns - www.strongtowns.org
• US Source Link - www.ussourcelink.com
• Kaufman Foundation - www.kauffman.org
• Knight Foundation - www.knightfoundation.org
• Lowe Foundation - http://edwardlowe.org/
• Community, Peter Block - www.peterblock.com/community
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