Foreign Direct Investment and Exporting Webinar Now Available for Download

On Thursday, March 13, 2014 the NADO Research Foundation and the U.S. Economic Development Administration (EDA) hosted an informative webinar about the Best Practices in Foreign Direct Investment and Exporting Based on Regional Industry Clusters. The webinar walks attendees through the web-based resource that is designed to promote ways to more effectively attract Foreign Direct Investment (FDI) and develop export potential. The project profiles several useful examples for local communities that may want to introduce initiatives to promote exporting and FDI or have already launched such initiatives and want to make them more effective.

 

 

The sixth and final in a series of free webinars about various data tools developed with support from EDA, a nationwide analysis was done to identify case studies of exporting and FDI that were situated in a local community or region, or that could provide guidance for a local community or region. Although state and federal governments are commonly key actors in exporting and FDI, this research provides direction for communities by emphasizing local and regional initiatives. The case studies provide examples from across the United States that collectively create a global network that reaches nearly every corner of the world and includes: Africa, Asia, Canada, Europe, Latin America, and the Middle East. There are a range of industries covered in these case studies including: biosciences, automotive and aerospace, electronics and energy, advanced manufacturing, information technology, financial services, distribution, and food, agriculture, and water.

Partnerships are fundamental to the success of exporting and FDI, and while exact partnerships are unique to each case study there are common themes: industry, universities, foundations, and local, state, and federal government institutions.

The webinar presenters were:
• Alfie Meek, Director of Innovation Strategy and Impact at Georgia Tech’s Enterprise Innovation Institute
• Jan Youtie, Director of Science, Technology, & Innovation Policy at Georgia Tech’s Enterprise Innovation Institute
• Brian Kelsey, NADO’s Director of Economic Development, moderated.

The previous webinars in this series addressed the U.S. Cluster Map and Registry, Triple Bottom Line, Stats America, RIAN, and Working Waterfronts.  Click here to see the recorded webinars.

Sustainable Working Waterfronts Webinar Now Available for Download

On Thursday, March 6, 2014 the NADO Research Foundation and the U.S. Economic Development Administration (EDA) hosted an informative webinar about the Sustainable Working Waterfronts Toolkit. The webinar walks attendees through the website which contains information, data, and tools that individuals, communities, and governments at all levels can use to develop, inform, and enhance their sustainable working waterfront initiatives.

The fifth in a series of free webinars about various data tools developed with support from EDA, the toolkit is a web-based resource that contains a wealth of information about the historical and current use of waterfront space; the economic value of working waterfronts; and legal, policy, and financing tools that can be used to preserve, enhance, and protect these valuable areas. The Toolkit features case studies of successful working waterfront initiatives from communities around the country. Sharing this information with stakeholders – including waterfront businesses and industry, waterfront landowners, economic development districts, users and residents, and planners and governments – is an essential first step towards increasing knowledge, awareness, and implementation of the range of tools and options that are available.

The National Working Waterfront Network increases the capacity of coastal communities and stakeholders to make informed decisions, balance diverse uses, ensure access, and plan for the future of working waterfronts and waterways.  Working waterfronts are waterfront lands, waterfront infrastructure, and waterways that are used for a water-dependent activity, such as ports, small recreational boat harbors, fishing docks, many more locations where people use and access the water.  The Network consists of municipalities, state and federal agencies, nonprofits, universities, Sea Grant programs, businesses, industry associations, and individuals dedicated to supporting and enhancing our nation’s working waterfronts and waterways. Network partners provide access to the historical, economic, financial, and policy information and re­sources they need to address issues at the local, state, regional, and national level.  They also maintain and strengthen a diverse network of part­ners who collaborate internally and act as liaisons to their stakeholders and communities.

The webinar presenters were:

  • Stephanie Showalter Otts, Director of National Sea Grant Law Center at the University of Mississippi School of Law
  • Hugh Cowperthwaite, Fisheries Project Director at Capital for Opportunity and Change
  • Bob Swett, Associate Professor at the University of Florida’s School of Forest and Resource Conservation
  • Brian Kelsey, NADO’s Director of Economic Development, moderated.

The previous webinars in this series addressed the U.S. Cluster Map and Registry, Triple Bottom Line, Stats America, and RIANClick here to see the recorded webinars.

Regional Innovation Acceleration Network (RIAN) Webinar Now Available for Download

On Friday, December 6, 2013 the NADO Research Foundation and the U.S. Economic Development Administration (EDA) hosted an informative webinar about SSTI’s Regional Innovation Acceleration Network (RIAN).  The fourth in a series of free webinars about various data tools developed with support from EDA, this webinar provided an overview of RIAN, an EDA-supported data tool that you can use as part of your project review and decision making process, and that you can share with your grantees for their use in planning and decision making.

Regional Innovation Acceleration Network, Economic Development Tool from NADO on Vimeo.

The Regional Innovation Acceleration Network (RIAN) is a project of SSTI funded by the U.S. Economic Development Administration to establish and support a virtual nationwide community of nonprofit Venture Development Organizations (VDOs). A VDO is a business-driven, public or nonprofit organization that promotes regional growth by providing a flexible portfolio of services, including: assisting in the creation of high-growth companies; providing expert business assistance to those companies; facilitating or making direct financial investments; and, speeding the commercialization of technology.

RIAN is built on twelve guiding principles about the appropriate public role to encourage regional growth and the need for VDOs. RIAN draws on the lessons learned from the various approaches in place to support regional innovation.

The RIAN project is working to:

  • define and establish the concept of a VDO as a practical, efficient and successful means of supporting regional innovation and economic development (this includes showcasing the economic impact of successful VDO activities across the country);
  • support the community of existing and emerging VDOs around the country by providing the means for peer-to-peer sharing of information and best/common practices and helping to identify funding opportunities for VDOs; and
  • provide tools to help regions approach the creation of their own VDO.

Mark Skinner, Vice President and Director of RIAN, with SSTI  lead the webinar, along with NADO’s Director of Economic Development, Brian Kelsey.

The previous webinars in this series addressed the U.S. Cluster Map and Registry, Triple Bottom Line, and Stats AmericaClick here to see the recorded webinars.

STATS America Tool Webinar Now Available for Download

On July 25, the NADO Research Foundation and the U.S. Economic Development Administration (EDA)  hosted a webinar highlighting STATS America, one of several data tools available at no-cost to economic development practitioners and others across the nation.

STATS America is a service of the Indiana Business Research Center at Indiana University’s Kelley School of Business.  They have obtained thousands of data items from hundreds of data sets through a variety of federal and state sources, along with some commercial and private source data.  While STATS America adds value to this data through easy access and functionality, the tool acknowledges the direct agency source of the data on every table, profile, or map.

Economic development organizations, practitioners, policy makers, and other stakeholders are encouraged to watch to learn how this tool can be useful in your planning and decision-making processes.

This webinar is part of a series that will occur in 2013, highlighting EDA-funded data tools.  The first two webinars in this series addressed the U.S. Cluster Map and Registry and Triple Bottom Line.  Future webinars will address other EDA-funded data tools, including National Excess Manufacturing Capacity CatalogRegional Innovation Accelerator Network (RIAN), and more.

Please contact NADO Deputy Executive Director Laurie Thompson at lthompson@nado.org if you have any questions about this webinar, or the series in general.

 

The NADO Research Foundation is coordinating the webinars as part of its Know Your Region program which is funded through an agreement with the U.S. Economic Development Administration (#99-06-07548). 

 

Investing in Manufacturing Communities Partnership Webinar Now Available for Download

On May 23, the U.S. Economic Development Administration (EDA) and the National Association of Development Organizations (NADO) hosted an informative webinar about funding opportunities through the new Investing in Manufacturing Communities Partnership (IMCP) program.

This was the first NADO webinar about the new program and was presented by EDA Senior Advisor Kathy Dedrick and Director of Performance and National Programs and Trade Adjustment Assistance Bryan Borlik. The webinar allowed attendees to ask questions about IMCP eligibility and program qualifications. It also provided an overview of the new Regional Export Challenge program.

Click here to view the presentation. Click above to view the presentation video.

Triple Bottom Line Webinar Now Available for Download

The Triple Bottom Line tool is designed to help optimize the impact of economic development investments on economic vitality, natural resource stewardship, and community well-being. It is designed to serve investors, economic development professionals, and decision-makers in the private, public, and non-profit sectors.

It has a number of potential applications:

• As a design tool, you can consider how to optimize your project impact and winnow, compare, or rank projects
• As a communication tool, you can describe how an investment aligns with community priorities
• As an educational tool, the documentation and case illustrations can build understanding about economic development processes and impacts

Economic development organizations, practitioners, policy makers, and other stakeholders are encouraged to watch to learn how this tool can be useful in planning and decision-making processes.

Brian Kelsey of the NADO Research Foundation and Dr. Janet Hammer from Portland State University conducted this webinar, held May 15, 2013.

Click here to download the Powerpoint slides (PDF) 

The webinar was co-hosted by the National Association of Development Organizations (NADO) and the Economic Development Administration (EDA).  It is part of a series that will occur in 2013.  A previous webinar featured the U.S. Cluster Map and Registry. Future webinars will address other EDA-funded data tools, including Stats AmericaRegional Innovation Accelerator Network (RIAN), and more. The NADO Research Foundation is coordinating the webinars as part of its Know Your Region program which is funded through an agreement with the U.S. Economic Development Administration (#99-06-07548).

Please contact NADO Deputy Executive Director Laurie Thompson at lthompson@nado.org if you have any questions about this webinar, or the series in general.

Cluster Mapping Webinar Now Available for Download

The first in a series about various Data Tools developed with support from the Economic Development Administration, this webinar provided an overview of the U.S. Cluster Map and Registry  which contains data on the regional clusters that are driving the national economy. Through this website practitioners can access key information on industries by location and type, in both data and chart format, which can be useful for developing a regional economic development strategy. The registry provides a forum for organizations to identify other entities by geographic area that are directly or indirectly working to advance regional cluster initiatives. It is a useful tool for identifying potential organizations to partner with to advance regional cluster initiatives. Economic development organizations, practitioners, policy makers, and other stakeholders are encouraged to watch to learn how this tool can be useful in your planning and decision-making processes.

The webinar was co-hosted by the National Association of Development Organizations (NADO) and the Economic Development Administration (EDA).  It is part of a series that will occur in 2013. Future webinars will address other EDA-funded data tools, including Stats America, Triple Bottom Line, Regional Innovation Accelerator Network (RIAN), and more. The NADO Research Foundation is coordinating the webinars as part of its Know Your Region program which is funded through an agreement with the U.S. Economic Development Administration (#99-06-07548).

Please contact NADO Deputy Executive Director Laurie Thompson at lthompson@nado.org if you have any questions about this webinar, or the series in general.

 

Click here to download the Powerpoint slides from the webinar 

 

Revving the Economic Engine: South Carolina’s Auto Cluster

The NADO Research Foundation has released the new report Revving the Economic Engine: South Carolina’s Auto Cluster (PDF).  Over the last 30 years, South Carolina has developed a flourishing, globally competitive automotive and ground transportation cluster which is a major engine of economic growth in the state.  While the impact of the auto and ground transportation industries on the South Carolina economy may seem obvious with the large presence of BMW and Michelin alone, the full breadth and depth of the auto cluster was not realized until 2011, when the University of South Carolina (USC) Moore School of Business published the first comprehensive analysis of this economic engine.  The analysis estimated an economic impact of $27.1 billion using 2008 data and supports over five percent of the state’s total employment.  For every one job created in auto manufacturing, more than three jobs are created elsewhere in the economy.

Report cover with female employee manufacturing carSouth Carolina has a reputation for being a competitive state among economic development circles, and the state also has significant transportation facilities such as the deepwater Port of Charleston, inland port in Greer that will open later in 2013, and rail and interstate corridors providing connections within the state and to nearby cities such as Atlanta and Charlotte.  The state’s workforce development system and the collaborative research campus at Clemson University International Center for Automotive Research are also assets that make South Carolina and the 10-county Upstate region competitive.

This report was produced through the NADO Research Foundation’s Center for Transportation Advancement and Regional Development under a cooperative agreement with the Federal Highway Administration.  View the report at http://www.nado.org/wp-content/uploads/2013/04/SCAutoCluster.pdf.

Other reports related to transportation released by the NADO Research Foundation in recent months include:

For more resources on rural transportation, visit NADO’s online clearinghouse at www.RuralTransportation.org.  To view other NADO reports, including recent releases on economic development, visit www.NADO.org.

To view PDF files, install Adobe Reader.

Asset-Based Economic Development and Building Sustainable Rural Communities

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ICMA, in conjunction with the NADO Research Foundation, has released a three-part series focusing on asset-based economic development and sustainable rural development.  Asset-based economic development is a bottom-up approach to economic development that builds on existing local resources to strengthen local and regional economies. Asset-based economic development focuses on a community’s natural environmental, socio-cultural, and economic advantages and how these can be leveraged into sustained economic growth and productivity. It focuses on building capacity in communities and strengthening connections within regions.

Click the links below to download the individual reports:

 

Alabama Statewide Consolidated Comprehensive Economic Development Strategies: Planning for the Future

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The NADO Research Foundation’s report “Alabama Statewide Consolidated Comprehensive Economic Development Strategies:  Planning for the Future” addresses the role that Regional Development Organizations (RDOs) – in this case, Regional Councils – played in the Alabama statewide Comprehensive Economic Development Strategy (CEDS) process and explores lessons learned that can be applied to future RDO attempts at creating statewide CEDS.

The Regional Councils in Alabama strive to improve the quality of life for their residents by obtaining funding for local government assistance, coordinating local governments’ responses to regional issues, and providing a wide range of services to the region’s governments and  residents.  Regional Councils have differing structures and program priorities, but each focus on areas of economic development and planning.

Collectively, Alabama’s 12 Regional Councils work across the State of Alabama by planning and implementing strategies that create opportunities for development and prosperity. The Comprehensive Economic Development Strategy (CEDS) of each of the Regional Councils reflects the goals, objectives, and priorities specific to their region or constituency.  The Alabama Consolidated CEDS was developed by the Planning Task Force of the Alabama Association of Regional Councils (AARC) to reflect the common vision, values, and goals contained in each regional CEDS and to serve as a comprehensive and representative statewide economic development strategy for the State of Alabama.

Click here to download the report (PDF)