Tag Archives: jobs

Regional Collaboration Beyond the Press Release: The TechBelt Model

Download a PDF of this Article: Regional Collaboration Beyond the Press Release – The TechBelt Model Collaboration is a contact sport. “Regional collaboration” has long been a somewhat idyllic phrase within technology-based economic development circles. Beyond the websites and trade show …

For Richer or Poorer

With all of the negative economic news you may not realize that the American economy continues to generate wealth and profits.  The following slideshow takes a look at why this surplus is not being invested to stimulate demand or create …

EB-5 Visas: A New Tool for Community Development Financing?

  An old program has been getting a lot of new attention these days. The EB-5 visa program hands out 10,000 unconditional visas per year to immigrants willing to invest $500,000 – $1,000,000 to create U.S. jobs. Since it’s inception …

Irrational Exuberance and the Need for a Balanced Portfolio

I am deeply concerned that state and local governments are being flooded by irrational exuberance of a different industry, the Shale play. Let me be clear, I think that having a U.S. sourced energy supply can prove to be a great catalyst for supporting our pursuit of energy independence. The concerns however come from the lack of honest planning and conversation about how the economic opportunity of Shale fits into any coordinated economic and business growth strategy for the state.

Cloud-Based Business Impact – Are you Ready?

In the economic development system, agencies live and die by economic impact and it is about to get a lot tougher to measure this impact. We were talking with a young entreprenuer recently (let’s call her Katie) living and working outside …

Pittsburgh: The Entrepreneurial City (Part 2)

Rob May recently moved his startup, Backupify, to Boston. We’ve heard this story in Pittsburgh before, only this time the startup left Louisville, not Pittsburgh. We often get caught up in the “one that got away” — the idea of big city investors poaching our startups because they don’t like to travel, or small town entrepreneurs lured to the bright lights of big city opportunity.

This is not just another story of the small town losing a hard-earned startup to the big City. Actually, that is the story, but the lesson of Backupify and the insights from May are more important for the future of entrepreneurship in so-called second- and third- tier cities.