Posts & articles

๐—ง๐—ต๐—ฒ **๐—›๐—ฎ๐—ฟ๐—ฑ ๐—ฌ๐—ฎ๐—ฟ๐—ฑ๐˜€** ๐—ผ๐—ณ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

๐—ง๐—ต๐—ฒ **๐—›๐—ฎ๐—ฟ๐—ฑ ๐—ฌ๐—ฎ๐—ฟ๐—ฑ๐˜€** ๐—ผ๐—ณ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

Let's cut the fanfare. Economic Development is not a press release, its not a claim of a golden future in a manifesto or strategy. It's a job, on the ground, in a neighbourhood. In the UK, we've perfected the art of the launch eventโ€”the glossy, aspirational strategy,...

๐—ง๐—ต๐—ฒ ๐—ฃ๐—ผ๐—น๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—œ๐—บ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ: ๐—š๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฌ๐—ผ๐˜‚๐—ฟ ‘๐—š๐—ฟ๐—ฒ๐—ฎ๐˜ ๐—œ๐—ฑ๐—ฒ๐—ฎ’ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฃ๐—ฎ๐—ฝ๐—ฒ๐—ฟ ๐˜๐—ผ ๐—ฃ๐—ฎ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜

๐—ง๐—ต๐—ฒ ๐—ฃ๐—ผ๐—น๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—œ๐—บ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ: ๐—š๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฌ๐—ผ๐˜‚๐—ฟ ‘๐—š๐—ฟ๐—ฒ๐—ฎ๐˜ ๐—œ๐—ฑ๐—ฒ๐—ฎ’ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฃ๐—ฎ๐—ฝ๐—ฒ๐—ฟ ๐˜๐—ผ ๐—ฃ๐—ฎ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜

You have a brilliant economic development plan. You present it to the City Council, the Board, or the Regiona/State Committee, and it dies a slow, bureaucratic death. Why? Because getting the green light to proceed in economic development is a game of two halves: 1)...

๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฟ’๐˜€ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฏ๐—ผ๐—ผ๐—ธ: ๐™ข๐™–๐™ฃ๐™š๐™ค๐™ซ๐™š๐™ง๐™ž๐™ฃ๐™œ ๐™–๐™ฌ๐™–๐™ฎ ๐™›๐™ง๐™ค๐™ข ๐™ฌ๐™๐™ž๐™ฉ๐™š ๐™š๐™ก๐™š๐™ฅ๐™๐™–๐™ฃ๐™ฉ ๐™˜๐™–๐™ฅ๐™ž๐™ฉ๐™–๐™ก ๐™ฅ๐™ง๐™ค๐™Ÿ๐™š๐™˜๐™ฉ๐™จ

๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฟ’๐˜€ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฏ๐—ผ๐—ผ๐—ธ: ๐™ข๐™–๐™ฃ๐™š๐™ค๐™ซ๐™š๐™ง๐™ž๐™ฃ๐™œ ๐™–๐™ฌ๐™–๐™ฎ ๐™›๐™ง๐™ค๐™ข ๐™ฌ๐™๐™ž๐™ฉ๐™š ๐™š๐™ก๐™š๐™ฅ๐™๐™–๐™ฃ๐™ฉ ๐™˜๐™–๐™ฅ๐™ž๐™ฉ๐™–๐™ก ๐™ฅ๐™ง๐™ค๐™Ÿ๐™š๐™˜๐™ฉ๐™จ

At Economic Development World, we like to think "what if" and how we'd respond professionally to a challenge. Here's our thoughts on this one - what would you do? ๐˜ ๐˜ฐ๐˜ถโ€™๐˜ท๐˜ฆ ๐˜ณ๐˜ถ๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฏ๐˜ถ๐˜ฎ๐˜ฃ๐˜ฆ๐˜ณ๐˜ด. ๐˜›๐˜ฉ๐˜ข๐˜ต ยฃ๐Ÿค๐Ÿข๐Ÿข ๐˜ฎ๐˜ช๐˜ญ๐˜ญ๐˜ช๐˜ฐ๐˜ฏ ๐˜ด๐˜ช๐˜จ๐˜ฏ๐˜ข๐˜ต๐˜ถ๐˜ณ๐˜ฆ ๐˜ค๐˜ฐ๐˜ฏ๐˜ด๐˜ต๐˜ณ๐˜ถ๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ซ๐˜ฆ๐˜ค๐˜ตโ€”๐˜ต๐˜ฉ๐˜ฆ ๐˜ฐ๐˜ฏ๐˜ฆ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฎ๐˜ข๐˜บ๐˜ฐ๐˜ณโ€™๐˜ด ๐˜ฏ๐˜ข๐˜ฎ๐˜ฆ...

๐—ง๐—ต๐—ฒ ๐—”๐—ฟ๐˜ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฃ๐—ผ๐˜€๐˜€๐—ถ๐—ฏ๐—น๐—ฒ: ๐——๐—ฟ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—Ÿ๐—ผ๐—ฐ๐—ฎ๐—น ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐—ง๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—–๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—ฅ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฆ๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†

๐—ง๐—ต๐—ฒ ๐—”๐—ฟ๐˜ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฃ๐—ผ๐˜€๐˜€๐—ถ๐—ฏ๐—น๐—ฒ: ๐——๐—ฟ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—Ÿ๐—ผ๐—ฐ๐—ฎ๐—น ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐—ง๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—–๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—ฅ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฆ๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†

The transition to a low-carbon, sustainable economy isn't just a necessityโ€”it's the biggest growth opportunity of the 21st century! Across local and regional economic development, we're seeing "the art of the possible" come to life as communities embrace innovative...

Get your offer out in a language that business understands

Get your offer out in a language that business understands

๐——๐—ผ๐—ฒ๐˜€ "๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป" ๐—ฟ๐—ฒ๐—ฎ๐—น๐—น๐˜† ๐—บ๐—ฒ๐—ฎ๐—ป ๐—บ๐˜‚๐—ฐ๐—ต ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€? ๐—ถ๐˜€ ๐—น๐—ฎ๐—ป๐—ด๐˜‚๐—ฎ๐—ด๐—ฒ ๐—ต๐—ผ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐—ฝ๐—ฟ๐—ผ๐—ด๐—ฟ๐—ฒ๐˜€๐˜€ ๐—ถ๐—ป ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฎ๐—ฟ๐—ฒ๐—ฎ? ๐Ÿš€ The word "innovation" can sometimes feel vague or lead to a narrow focus on R&D without a clear path to commercial success. What if we reframed the...

International Lessons From City Deals

International Lessons From City Deals

๐—ฅ๐—ฒ๐—ณ๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐˜๐—ต๐—ฒ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐—–๐—ถ๐˜๐˜† ๐——๐—ฒ๐—ฎ๐—น๐˜€ I was lucky to participate in a ๐—ฝ๐—ฎ๐—ป๐—ฒ๐—น ๐—ฑ๐—ถ๐˜€๐—ฐ๐˜‚๐˜€๐˜€๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐—ฐ๐—ถ๐˜๐˜† ๐—ฑ๐—ฒ๐—ฎ๐—น๐˜€ last week. Here are the key lessons from the UK and Australia on City Deals. It was a chance to reflect on the great report I wrote with Professor...

Best Practice Economic Development Organisations Don’t Just Implement Programs

Best Practice Economic Development Organisations Don’t Just Implement Programs

๐—•๐—ฒ๐˜€๐˜ ๐—ฃ๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐—ฐ๐—ฒ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ Organisations ๐™™๐™ค๐™ฃ'๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™ž๐™ข๐™ฅ๐™ก๐™š๐™ข๐™š๐™ฃ๐™ฉ ๐™ฅ๐™ง๐™ค๐™œ๐™ง๐™–๐™ข๐™จ. ๐˜›๐˜ฉ๐˜ฆ๐˜บ ๐˜ณ๐˜ฆ๐˜ฅ๐˜ฆ๐˜ง๐˜ช๐˜ฏ๐˜ฆ ๐˜ธ๐˜ฉ๐˜ข๐˜ต ๐˜ฐ๐˜ณ๐˜จ๐˜ข๐˜ฏ๐˜ช๐˜ด๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ฆ๐˜ง๐˜ง๐˜ฆ๐˜ค๐˜ต๐˜ช๐˜ท๐˜ฆ๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ญ๐˜ฐ๐˜ฐ๐˜ฌ๐˜ด ๐˜ญ๐˜ช๐˜ฌ๐˜ฆ. Hereโ€™s the behaviours I've seen from ๐˜ฃ๐˜ฆ๐˜ด๐˜ต ๐˜ฑ๐˜ณ๐˜ข๐˜ค๐˜ต๐˜ช๐˜ค๐˜ฆ economic development organisations: ๐—–๐—น๐—ฒ๐—ฎ๐—ฟ ๐—ผ๐—ฏ๐—ท๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐—ผ๐—ณ ๐—บ๐—ถ๐˜€๐˜€๐—ถ๐—ผ๐—ป:...

The Hidden Cost of Vague Objectives

The Hidden Cost of Vague Objectives

๐—ง๐—ต๐—ฒ๐—ฟ๐—ฒโ€™๐˜€ ๐—ฎ ๐—›๐—ถ๐—ฑ๐—ฑ๐—ฒ๐—ป ๐—–๐—ผ๐˜€๐˜ ๐—ผ๐—ณ ๐—ฉ๐—ฎ๐—ด๐˜‚๐—ฒ ๐—ข๐—ฏ๐—ท๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐˜€.โฃ (and it will make or break your economic development initiatives)โฃ ๐˜ž๐˜ฉ๐˜ฆ๐˜ฏ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ซ๐˜ฆ๐˜ค๐˜ต๐˜ด ๐˜ง๐˜ข๐˜ช๐˜ญ ๐˜ต๐˜ฐ ๐˜ฅ๐˜ฆ๐˜ญ๐˜ช๐˜ท๐˜ฆ๐˜ณ ๐˜ฆ๐˜น๐˜ฑ๐˜ฆ๐˜ค๐˜ต๐˜ฆ๐˜ฅ ๐˜ช๐˜ฎ๐˜ฑ๐˜ข๐˜ค๐˜ต, ๐˜ช๐˜ตโ€™๐˜ด ๐˜ข๐˜ฏ ๐˜ช๐˜ฏ๐˜ฅ๐˜ช๐˜ค๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ฐ๐˜ง ๐˜ข ๐˜ญ๐˜ข๐˜ค๐˜ฌ ๐˜ฐ๐˜ง ๐˜ค๐˜ญ๐˜ฆ๐˜ข๐˜ณ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ณ๐˜ฆ๐˜ญ๐˜ฆ๐˜ท๐˜ข๐˜ฏ๐˜ต ๐˜ฐ๐˜ฃ๐˜ซ๐˜ฆ๐˜ค๐˜ต๐˜ช๐˜ท๐˜ฆ๐˜ด.โฃ โ†’ Simply having a "mission statement" doesn't...

How to Get Your Public Funding Approved for Local Economic development

How to Get Your Public Funding Approved for Local Economic development

Getting Your Local Economic Development Funding Approved can be a Challenge if You have no or Little Experience in This! Based on our ๐˜Œ๐˜น๐˜ฆ๐˜ค๐˜ถ๐˜ต๐˜ช๐˜ท๐˜ฆ ๐˜›๐˜ฐ๐˜ฐ๐˜ญ๐˜ฌ๐˜ช๐˜ต ๐˜ง๐˜ฐ๐˜ณ ๐˜Œ๐˜ค๐˜ฐ๐˜ฏ๐˜ฐ๐˜ฎ๐˜ช๐˜ค ๐˜‹๐˜ฆ๐˜ท๐˜ฆ๐˜ญ๐˜ฐ๐˜ฑ๐˜ฆ๐˜ณ๐˜ด, here are key tips for success: 1๏ธโƒฃ ๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€: Know your organization's...