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Economic Development Journal - Summer 2015

When Three Equals One: Triple Bottom Line Economic Development

by Janet Hammer, PhD
Economic development succeeds at the interface of people, place, and prosperity. Sometimes referred to as the triple bottom line, this concept recognizes the interconnections between economic, environmental, and social factors and provides an important framework for engaging in economic development.

Economies of Scale: Managing Today's Workforce Challenges in Micropolitan and Rural Communities

by David Myers, CEcD, MA
Ponca City, OK, is enhancing the population of this micropolitan city through aggressive workforce strategies, innovative housing incentives, and the addition of unique community amenities designed to help grow the population and fill available jobs.

Northern New Mexico's Venture Acceleration Fund: A Scalable Model for Communities

by Kathy Keith
In northern New Mexico, investments in high-growth companies - the region's job creators - are being made through the Venture Acceleration Fund (VAF). The VAF program won the 2014 IEDC Gold Entrepreneurship Award, and has recently been awarded a Cluster Grant for Seed Capital Funds by the U.S. Department of Commerce Economic Development Administration to expand the VAF and develop an equity investment fund.

Making (and Measuring) an Entrepreneurial Ecosystem: The Right Metrics for the Right Stage of Development

by Maria Meyers
Communities that truly invest in entrepreneurial ecosystems are looking to build something sustainable, something with economic stickiness and continuity - and typical impact measures, like jobs, alone can't tell that story.

Extending Foreign Trade Zone Status to a Single Manufacturer: The Economic Developer's Role in the Subzone Designation Process

by Troy Post, CEcD
Subzone designation, a Foreign Trade Zone classification existing under the auspices of the U.S. International Trade Administration, can be a critical tool in maintaining the viability of American manufacturers that import components for a finished good.

Tightening Truck Capacity Looms Over Shippers: Increased Freight Demands and New Regulations Are Impacting Manufacturing and Distribution Investment Decisions Across the U.S.

by Michelle Comerford
In order to best support and attract the manufacturing industry, it is important for communities to understand how truck capacity constraints are impacting the distribution of products and look for ways to help companies alleviate these issues.

» Entire Summer 2015 issue