Econ Dev Show Podcast - Economic Development

In this episode of the Econ Dev Show, Dane Carlson interviews Rob Williams, director of SourceLink, a not-for-profit organization that collaborates with economic development agencies to promote entrepreneurial-led economic growth. Rob details SourceLink's origins in 2003 in Kansas City, Missouri, where it began as an initiative to better connect local entrepreneurs to resources, evolving into a significant player in fostering entrepreneurial ecosystems across the U.S. He discusses the early challenges of advocating for entrepreneurship in economic development, the importance of tailored community strategies, and practical steps communities can take to engage and support local entrepreneurs. Rob emphasizes the evolving understanding and importance of entrepreneurship in economic development, sharing insights from his extensive experience and the impact of SourceLink's work in various communities. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Rob Williams.

In this episode of the Econ Dev Show, host Dane Carlson engages with Ben Lamb, Vice President of Economic Development at 1Berkshire in Massachusetts, to unravel the synergistic blend of economic growth and tourism in the Berkshires. Ben illuminates the unique approach of integrating cultural and economic vibrancy within a rural context, underlining the strategic application of 'wraparound economic development.' This concept not only aims at job creation and business enhancement but also keenly addresses broader community needs, including housing and transit, thus fostering a holistic regional development. The discussion ventures into the evolving demographics and economic shifts in the Berkshires, emphasizing post-pandemic transformations and the region's increasing diversity. Ben underscores the significance of fostering connectivity and collaborative efforts across geographic and sectoral boundaries, positioning the Berkshires as a pivotal hub for innovation and cultural richness in the Northeast. This episode is a treasure trove of insights for economic developers and community strategists alike, offering profound lessons on leveraging adaptability, collaboration, and community-centric approaches to catalyze sustainable regional prosperity. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Ben Lamb.

In today's episode of the Econ Dev Show, Dane dives into the resurgence of labor productivity growth in the US, marking an end to years of standstill. This isn't just economic jargon; it's about how these changes affect our daily lives, enhancing our overall quality of life. There's a compelling narrative unfolding, reminiscent of the productivity leaps we saw in the 1990s. Let's explore what this means for us today and uncover the parallels and lessons from that transformative era. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps!

Hey there! I know it's been a while since you've heard from me — I've been deep in the trenches working on something special. Let me introduce you to Sitehunt: it's my latest creation, designed with a pinch of AI magic to revolutionize how economic developers gather property data. It's more than just a tool; it's your new partner in making well-informed decisions and speeding up the whole site selection process, all to help you nail those RFI responses and get ahead in your projects. I made it with you in mind, hoping it'll make a big difference in your work. Excited to see what you think! Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps!

In this episode of the Econ Dev Show, host Dane Carlson sits down with Adam Berk, co-author of "Startup Program Design," to explore the nuances of creating successful partnerships between startups and corporates. Berk delves into the challenges and opportunities in these collaborations, providing practical advice on how to design effective startup programs. His approach emphasizes the importance of mutual understanding, strategic alignment, and fostering an environment that encourages innovation and growth for both startups and established companies. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Adam Berk.

In this encore episode from 2022, Dane talks with Emily Blaylock, Senior Vice President and Chief Lending Officer for Northwest Bank about Tax Increment Financing (TIF). Northwest Bank & Trust Company is an entrepreneurial bank that has built an Economic Development Division to help developers and municipalities get projects done around the US. They utilize Tax Increment Financing incentives designated from the municipalities to give developers funds upfront. These funds can be used to provide gap equity, expansion of existing sites, investment in other projects, working capital needs, or tenant improvements. Currently, they have completed projects in 8 states and over $400 million in funding. Their team has over 100 years of combined education in economic development and banking to help structure these loans. Update: Since this episode originally aired, Emily is now the CEO of Untamed Equity (https://www.untamedequity.com/), a company dedicated to bridging the gap between development projects and the equity needed to complete them. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Emily Blaylock.

In this episode of the Econ Dev Show, Dane talks with Nate Clayberg CEcD. Nate Clayberg's approach to education is all about getting students ready for a future job market, including careers that might not even exist yet. With his varied experience in fields like broadcasting, sports, and economic development, Clayberg sees the importance of changing the way education is delivered. He suggests moving away from the traditional classroom focus and instead, developing skills that are versatile and crucial for a wide range of future jobs. Clayberg emphasizes starting career exploration early. He believes in exposing students to a variety of job options, especially those in their local areas, to expand their understanding of possible career paths. This is vital in connecting what they learn in school to real-world scenarios. He advocates for an education that involves hands-on, project-based learning, where students work on actual problems faced by businesses. This method makes learning more relevant and interesting. A crucial aspect of Clayberg's idea is to bridge the gap between the education system and the evolving job market. He highlights the role of economic developers in bringing together schools and local businesses. This collaboration aims to create educational models that are in tune with both current and future job market requirements. It's about ensuring that the education system works closely with businesses and industry experts to make learning more dynamic and directly applicable to the workforce needs of tomorrow. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Nate Clayberg.

STARTedUP Foundation, founded by former teacher Don Wettrick, is reshaping the educational experience in Indiana by introducing students to entrepreneurship. This initiative provides a unique platform where students engage in real-world problem-solving, develop business ideas, and receive mentorship from industry experts. The foundation hosts annual competitions where students pitch their ideas, fostering a new generation of innovators who are equipped to tackle real-world challenges through creative solutions. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Don Wettrick.

In this episode, Dane and Jeff Siegler, author of "Your City is Sick" and a seasoned consultant in civic pride, delves into strategies for reviving struggling communities. Drawing from his extensive experience in urban planning and Main Street revitalization, he underscores the necessity of long-term, community-driven efforts, highlighting the pitfalls of apathy and external quick fixes. Siegler advocates for small, consistent actions rooted in higher standards, analogous to personal health practices, to foster community trust, connection, and pride. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Jeff Siegler.

In this episode of the Econ Dev Show, host Dane Carlson converses with LeeAnn Nixon, President of Wilkes Economic Development, about the diverse economic landscape of Wilkesboro, North Carolina. Nixon discusses the area's key industries, including building and food and beverage, its rich agricultural heritage producing country ham and apple cider, and the growing emphasis on technology and cybersecurity. The episode offers a comprehensive view of Wilkesboro's efforts to adapt to changing economic trends and the importance of community collaboration for sustainable development. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: LeeAnn Nixon.

David Ponraj, founder and CEO of Economic Impact Catalyst shares insights on the difficulties of starting a business, highlighting the need for a variety of skills such as finance, sales, and team management. He reflects on his journey in creating a venture that evolved from a simple platform to a sophisticated service blending technology and strategic consulting, akin to Salesforce and McKinsey & Company. Ponraj emphasizes the potential of leveraging artificial intelligence and machine learning in economic development, offering services to a diverse range of clients from large states to small communities. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: David Ponraj.

In this episode of the Econ Dev Show, Dane delves into Thomas Cox's inspiring story, tracing his roots from England to his pivotal role as the Executive Director of the Sauk County Development Corporation in Wisconsin. Thomas details his strategic vision for the county, emphasizing the importance of trusted partnerships, education, upskilling, and community-responsible development. He sheds light on tackling the county's critical needs such as housing, childcare, and workforce development, and discusses his philosophy on achieving excellence in economic development. Through his commitment to enhancing economic vibrancy and his approach to transitioning the organization to private funding for greater community engagement, Thomas Cox is not just leading development initiatives but is passionately working to improve the lives of individuals across communities. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Thomas Cox.

In this episode of the Econ Dev Show podcast Deb Brown, co-founder of SaveYour.Town, talks about her work in rural community and economic development. She explains how inclusive community engagement through activities like vacant building tours and seeking input from all community members, including youth, can generate excitement and ideas. Deb also emphasizes the power of testing small ideas, gathering community involvement, and taking small steps to build momentum. Her approach focuses on positivity, storytelling, and empowering community members to create grassroots change. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Deb Brown.

Chris Gibbons, creator of the economic gardening concept, explains how he pioneered the idea in Littleton, Colorado in the 1980s to help local companies create jobs after major layoffs. Economic gardening focuses on providing research and insights to growing stage two companies, not basic business assistance. Gibbons discusses the sales window concept they use to efficiently find the best prospects, and their move into leveraging AI like ChatGPT. He also shares his passion for helping communities and people prosper through economic development. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Chris Gibbons.

In this episode, host Dane Carlson interviews Don Erwin, author of the economic development thriller novel "Buffalo Hunting in Alabama." Erwin wrote the novel to make economic development more relatable and exciting to the general public, who often have negative perceptions of the industry. The book follows a protagonist who reluctantly returns to Alabama to work in economic development, getting involved in high-stakes mega projects and talent recruitment. Erwin incorporates real economic data about Alabama to ground the fictional story in reality. He also includes insider knowledge and "secrets" of proactive economic development strategy like identifying growing companies before they have an expansion project. Erwin and Carlson have an in-depth discussion about the writing process, promoting the unique novel, and the benefits of producing an audiobook version. Carlson compliments Erwin for innovating within a little-known genre and exposing more people to the positive impacts of economic development. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Don Erwin.

What's your downtown like? As a county economic developer, I can look out over several different cities, all with a diverse array of downtowns: Some are vibrant, beautiful tourist destinations. Others are transitioning and improving with city dollars and commercial reinvestment into new stores, new facades, new lighting, new life. Some suburban cities, to their shame, don't even really have downtowns. Unfortunately, I live in a town like that. But still, others are shells of their former selves; Empty storefronts with faded signs and broken sidewalks -- places that you don't go after dark -- not because they're dangerous per se, but because there's no reason to. Our guest today, hopes to change that. Ilana Preuss (https://www.recastcity.com/about) and her book Recast Your City: How to Save Your Downtown with Small-Scale Manufacturing (http://www.amazon.com/exec/obidos/ASIN/1642831921/econdevshow-20) offer an excellent primer on how to rebuild your downtown without relying on outsiders to bring their businesses to your community. Ilana's an expert. She led the technical assistance program at the U.S. EPA Smart Growth Program and was the Vice President & Chief of Staff at Smart Growth America. Her firm Recast City (https://www.recastcity.com/), works with local leaders to help create great places. Enjoy the show, and the book. Recast Your City https://files.fireside.fm/file/fireside-uploads/images/f/f078f684-f72f-4a43-957d-de3aff69810b/2rD6QgD3.png (http://www.amazon.com/exec/obidos/ASIN/1642831921/econdevshow-20) (Originally aired June 2021) --- Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Ilana Preuss.

In the this episode of the Econ Dev Show podcast, host Dane Carlson shares an insightful conversation with Noah Wilson of Mountain BizWorks and Bradley Spiegel from the Made By Mountains Partnership, delving into the outdoor recreation economy in Western North Carolina. Together, they explore the diverse elements of the outdoor economy supply chain encompassing manufacturing, guiding services, retail, and infrastructure planning, elucidating how each component significantly contributes to the region's vibrant outdoor recreation ecosystem. Noah unfolds the narrative of how the Western North Carolina's Outdoor Economy Conference came to fruition, under the theme "Connecting the Ecosystem." This annual convergence is highlighted as a crucial nexus for stakeholders across the outdoor recreation industry, fostering networking and the exchange of best practices. Noah delineates the four thematic tracks for this year’s conference, aimed at cultivating vibrant communities, bolstering outdoor businesses, spearheading inclusive coalitions, and envisioning the future of the outdoor industry. The discussion also touches on Thomas Salley's podcast, where both the Outdoor Economy Conference and the Building Outdoor Communities program were mentioned, making a cool connection between these initiatives. Shifting focus, Bradley sheds light on the Building Outdoor Communities program, a 7-month capacity-building initiative powered by an ARC grant. This program, as Bradley articulates, is aiding communities in meticulously assessing their outdoor recreation assets and devising sustainable development plans. They delve into strategies to adeptly manage the escalation in tourism and amenity migration alongside the growth of outdoor recreation. The conversation underscores investing in the outdoor economy as a potent strategy to attain triple bottom line goals — economic development, social equity, and environmental stewardship. The nuanced discussion offers a comprehensive outlook on the opportunities and challenges entailed, providing invaluable insights for communities and stakeholders invested in this dynamic sector. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guests: Bradley Spiegel and Noah Wilson.

Jon Maynard has worked in economic development for over 15 years. In that time, he's come to believe that the traditional model of recruiting big employers doesn't work well for most small towns. Instead, he advocates for what he calls "tropical fish" economic development - building a vibrant community "reef" that will naturally attract residents, entrepreneurs and small businesses. The foundation of Maynard's approach is caring deeply about the town and its people. A declining "give a damn factor," seen in things like crumbling infrastructure, leads to a downward spiral. The data tells the story - population loss, falling labor force, decreasing retail sales all stem from neglecting quality of place and opportunity. Maynard helps towns turn the tide by focusing economic development inward. This means supporting local entrepreneurs, partnering with schools, and collaborating with arts groups. Ultimately, Maynard wants to spread the word that people-centered development is possible everywhere. He launched a consulting firm, Infinite Sequence Economics, to provide affordable expertise to communities trying to take a new path. His goal is to share ideas, find gaps, and hold towns accountable for real change. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Jon Maynard.

Anthony Michelic, President and CEO of The Pace Group executive recruiting firm, joins Dane on the the show in this, the first in-person episode the Econ Dev Show, joins the show to discuss how his firm works, trends in the economic development and chamber executive job market, advice for job seekers and career developers in the industry, changes he has seen since the pandemic, and the importance of properly aligning incentives between candidates, hiring organizations, and recruiters. Topics covered include: building relationships in the industry, personality and culture fit versus credentials, being open and specific with recruiters about ideal opportunities, developing broad knowledge as a generalist, adopting a global perspective, the evolving role of economic developers, increased workplace flexibility trends, and focusing on fit and seizing the right opportunities. Anthony provides an insightful recruiter's perspective on the economic development job market and practical tips for career success. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Anthony Michelic.

In this episode of the Econ Dev Show, Dane welcome Beth Zimmer, Program Manager with the Entrepreneurship Ecosystem Building Leadership Project. Beth takes us on a journey through her five-year endeavor to cultivate a thriving entrepreneurial ecosystem in Pennsylvania. From deep-diving into cultural assessments to executing awareness campaigns, her comprehensive approach sought to uplift the state's entrepreneurial spirit. Beth delves into the intricate components that make up an entrepreneurial ecosystem, such as mentorship programs, networking events, and targeted funding initiatives. She underscores the importance of these elements in supporting both nascent and established entrepreneurs. However, it's not all smooth sailing; Beth shares candid insights into how shifting political landscapes led to an abrupt halt to the program, offering lessons on the fragility of such initiatives in the face of political headwinds. The episode wraps up with a thoughtful discussion on the imperative for economic developers to champion inclusive entrepreneurship. According to Beth, this is as crucial as traditional business retention efforts and requires conscientious planning and action. Tune in for a comprehensive look at the highs and lows of ecosystem building, and walk away with actionable insights on how to foster entrepreneurial spirit in your community. Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps! Special Guest: Beth Zimmer.