Economic development organizations (EDOs) understand how important it is to measure performance. Yet only two-thirds do so regularly. And even when they do, the vast majority focus on four variables - job creation, capital investment, changes in tax base, and personal income - that are more reflective of the origins of the economic development profession than the myriad activities that EDOs engage in now. While these metrics will continue to be used in the near future, EDOs need to adopt new metrics that are better aligned with their current work. This research project offers a comprehensive, easy-to-use "menu" of economic development metrics that EDOs can choose from based on their mission, functions and resources along with a guidebook on EDO performance measurement.

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There's no doubt about it: Opportunity Zones are the hot topic in economic development these days. How will your community make the most of your zone? From real estate development to supporting small businesses & entrepreneurs, there are many options. And while the program is still in its early years, there are lessons to be learned. Attendees will leave this webinar with ideas, examples, and direction for how best to leverage this opportunity.

Original air date: February 2020
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The manual provides comprehensive guidance for economic development professionals, covering topics essential for managing economic development organizations in today's dynamic and challenging environment. It addresses the shift towards entrepreneurial, innovative, and global economic development practices, emphasizing the need for creative funding, efficient resource management, and increased collaboration within and among organizations.

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Master-planned communities (MPCs) bring convenience, variety, and renewal -- all to one place. In one example, the New Albany International Business Park has encompassed over 3,000 acres in a community that has grown to over 10,000 residents. Its expansion has attracted Fortune 500 companies, R&D facilities, and industry giants. This webinar will discuss examples and case studies of communities that incorporate master plans inclusive of business, recreational, and retail amenities.

Original air date: December 2020
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The number one issue, by leaps and bounds, that economic developers are challenged by is workforce. Workforce development is essential to any successful economic development strategy, and understanding the dynamic workforce needs of your businesses is what separates good strategies from great strategies. Explore case studies and trending practices in matching workforce development with business development using BRE and marketing & attraction activities. Discover your community's path to matching workforce development with business needs, now and in the future.

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Original air date: July 2020Non-Member Price: $90Member Price: $60

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Incentives are among the most important tools available to economic development organizations (EDOs) for business attraction. Although financial incentives are more commonly used, a fast-evolving alternative focuses on business assistance other than a direct subsidy. These alternative incentives are the focus of this paper. It explores more than 40 different types of alternative incentives EDOs use, examines cases where alternative incentives were successfully used for business attraction or expansion, and provides recommendations for effectively utilizing them.

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The manual provides a comprehensive guide to understanding and implementing strategies for community and neighborhood development. The manual covers various aspects of neighborhood development, including community engagement, economic strategies, and planning processes. It emphasizes the critical role of partnerships and collaborations in achieving sustainable neighborhood development and economic growth.

**Please note that orders that are submitted on weekends or holidays will take an additional 1-2 days for processing and shipping. Reach out to Wilson Soares at [email protected] with questions regarding your order status.

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Economic development organizations (EDOs) are operating in a new landscape due to shifts in the 21st century economy and an uncertain recovery from the Great Recession. The new landscape is complex and uncertain, marked by heightened global competition, an urgent need to increase efficiency, more stringent demands for accountability from investors and stakeholders, and pressure to create and retain jobs in a severely impacted labor market. As economic changes and other factors challenge EDOs and communities across the nation, these shifts also have pushed practitioners to become more strategic, creative and nimble, and in some cases have enabled them to enhance their leadership position in the community.

This paper identifies the factors shaping today's economic landscape and how economic development business practices are adapting in response. Funding, performance measurement, organizational structures, strategic partnership management, strategic planning, and leadership development are some the issues explored in this paper. The report also includes examples of how some organizations are addressing these challenges.

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Funding for economic development organizations (EDOs) is changing in response to various global, national and local shifts. Not only are funding mechanisms impacted, but also EDO structures and their business practices. This paper is the second one in a series of research papers, themed Adapting and Thriving: New Realities for Economic Development Organizations. It explores trends in different organizational funding streams for EDOs before and after the Great Recession. The paper covers both public and private funding streams and provides recommendations for economic developers who want to develop and strengthen specific funding streams as part of their organization's budget. Case study examples highlight successful practices from around the world.

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Foreign trade zones (FTZ) are currently located in all fifty states and Puerto Rico. How can your community and organization take advantage of FTZ for production and employment purposes? This webinar will provide an introduction to foreign trade zones and how FTZ can benefit your community. We will consider eligibility, the application process, types of zones, and permitted activities within the zones.

Original air date: October 2020
Non-Member Price: $90
Member Price: $60