Consider the paper ceiling—when not having a bachelor’s degree prevents skilled workers from accessing jobs in a labor market that needs them. Between 2012 and 2019, 69% of new jobs in the U.S. required a bachelor’s degree, excluding 70 million workers from a significant portion of the job market. This phenomenon reflects the nation’s overreliance on college degrees as an indicator of job readiness. Businesses must shift their emphasis from requiring a bachelor’s degree to possessing key skills, and entrepreneurship education teaches these crucial skills. This shift requires the participation and support of economic developers.
Read MoreIEDC's Accredited Economic Development Organization (AEDO) program recognizes organizational excellence in the areas of internal and external operations, structures, and procedures. This series profiles recently accredited AEDOs, putting some of economic development's highest-performing organizations in the spotlight. In this edition we hear from former IEDC board member John Sternlicht, CEcD, FM, HLM, who heads the Economic Development Alliance of Skagit County, Washington—a North American tulip capital.
Read MoreEach new year brings new leadership to IEDC’s board of directors. Dr. Eloisa Klementich, CEcD, president and CEO of Invest Atlanta, will serve as IEDC’s board chair in 2024.
Read MoreBill Sabo, EDP, CPPM, regional director of the Arkansas Small Business and Technology Development Center at the University of Arkansas at Fort Smith, is part of the third cohort of certified Entrepreneurship Development Professionals. IEDC’s EDP credential is designed to build capacity for those supporting entrepreneurship in their communities, and demonstrates the skills and expertise to lead communities through entrepreneurship-led economic development (ELED). Why did you decide to pursue the EDP credential? Fort Smith used to be a major manufacturing hub with Trane, Whirlpool, and several other large employers. In the past decade most have moved out, taking thousands of jobs with them that aren’t coming back. The EDP ...
Read MoreIEDC's Accredited Economic Development Organization (AEDO) program recognizes organizational excellence in the areas of internal and external operations, structures, and procedures. This series profiles recently accredited AEDOs, putting some of economic development's highest-performing organizations in the spotlight. This edition: Avondale (Ariz.) EDGE.
Read MoreIEDC is now accepting submissions for the 2023 Excellence and Leadership in Economic Development Awards. Take advantage of early-bird pricing and submit your entry by April 14. The Excellence and Leadership in Economic Development Awards recognize the world’s best economic development programs, partnerships, and marketing materials, and the year’s most influential economic development leaders. These prestigious awards honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities. Receiving an award showcases your achievements and impact in the field, and winners are recognized at IEDC's Annual Conference. Please email [email protected] with any questions. Below ...
Read MoreDoes your organization have what it takes to be EDO of the Year? IEDC is now accepting submissions for the 2023 Excellence in Economic Development Awards. The following EDOs received the highest honor in 2022: Greater New Orleans, Inc., Investissement Québec, the Tulsa (Okla.) Regional Chamber, the Economic Development Council of St. Lucie County (Fla.), Invest Newark (N.J.), and the Greater Sacramento (Calif.) Economic Council.
Read MoreEarlier this month, IEDC President and CEO Nathan Ohle hosted U.S. Deputy Secretary of Commerce Don Graves as part of IEDC’s Economic Development Sessions. These sessions serve as fireside chats between Ohle and leading economic development officials, thought leaders, and experts. Ohle and Graves analyzed several issues surrounding current economic challenges as a result of the pandemic, including infrastructure, supply chains, workforce availability, and the system’s capacity to innovate. They also discussed building more resilient economies to combat climate change. Graves pointed out that these problems have demonstrated the system’s lack of capacity to innovate, but reveal a unique opportunity to change those ...
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