Innovation Corridors Have Economic Assets Driving Business Growth
23 Mar 2022
It’s no secret that the recipe for economic success usually includes generous portions of innovation and technology. That has been part of the economic development story for many years in such places as Boston, Seattle, the Research Triangle, and Silicon Valley.
But just as you can find more and more cutting-edge restaurants and exceptional craft breweries in sometimes surprising places beyond the most obvious locales, the innovation-based recipe for success is being served up in smaller communities, too, far beyond the places that may first come to mind. When it comes to building an innovation corridor or innovation district, the traditional addresses don’t have a monopoly on brains and forward-thinking.
The Labor Challenges of Site SelectionMar 22 2022
You’re evaluating a new site. It checks all the boxes when it comes to the property, local infrastructure, and business climate. You have one more box to check — labor supply. You’re presented with a hodge-podge of numbers. How can you make sense of it all? And what’s the bottom...
Driving Into An Electric Vehicle FutureMar 21 2022
It seems like the ultimate good-news story. The shift toward electric vehicles will greatly improve the long-term climate health of the planet. It’ll improve human health, too, by reducing pollution. It’ll create thousands of jobs in new industries, with new manufacturing operations lifting local economies. What’s not to like?...
An Evolving Incentives EnvironmentMar 18 2022
For nearly two years, the predominant COVID-19 driven incentive compliance issue looming over companies has been the difficulty to achieve and report on headcount performance as part of economic development incentive agreements. The evolving workplace landscape precipitated by the COVID-19 pandemic adds another wrinkle to this process. With the...