areadevelopment + regional-economic-development   24

Fujifilm biotech firm teaming with Texas A&M to keep U.S. healthy -
The Texas A&M University System and Fujifilm Diosynth Biotechnologies Texas are nearing the next phase of a partnership with the federal government as a Center for Innovation in Advanced Development and Manufacturing.
texas  regional-economic-development  biotech  public-private-partnerships  research&development  university-economic-development  this-week-395 
august 2017 by areadevelopment
Can California Survive a Tech Bust? -
Historically, California’s great strength was the diversity of its economy, stretching from high-tech and aerospace to finance, entertainment, energy, basic manufacturing and homebuilding. Yet, during the most recent boom, the growth of high-wage job growth largely took place in one region — the Bay Area — while other sectors generally stagnated or shrank.
california  economic-analysis  silicon-valley  regional-reports  regional-economic-development  Around-the-web  this-week-391 
july 2017 by areadevelopment
Fay Servicing Locates Southeast Regional Headquarters In Tampa, Florida - Area Development
Fay Servicing, a diversified mortgage services firm, will locate its new Southeastern regional headquarters in Tampa, Florida. The expansion will create 100 new jobs and invest more than $1 million in the local community.
economic-development  site-selection  area-development-news  Matt  Florida  south-atlantic  tampa  headquarters  regional-economic-development  jobs  mortgage-industry 
september 2016 by areadevelopment
Midwest States Launch Public-Private R&D Centers in Key Manufacturing Industries - SSTI
Over the last few weeks, Indiana and Michigan have announced the launch of manufacturing-focused innovation centers to help transform manufacturing sectors that are long-standing drivers of economic prosperity in their respective state into 21st century global hubs for manufacturing innovation
Around-the-web  this-week-361  midwest  regional-economic-development  Michigan  indiana  research&development  innovation-hubs  advanced-manufacturing  this-week-362 
august 2016 by areadevelopment
MVEDA: NM lacking infrastructure to leverage economic growth - Las Cruces Sun-News
In a challenging budget year, with bipartisan support, critical programs such as the LEDA closing fund and the Job Training Incentive Program were maintained. Along with changes in tax policy over the past few years, I can honestly say that New Mexico is one of the most competitive states for manufacturing.
regional-economic-development  new-mexico  economic-development-news  taxes-incentives  government-policy  Around-the-web  this-week-346 
march 2016 by areadevelopment
Building manufacturing communities for the long haul - Brookings Institution
Extending the notable bipartisan support for federal action on advanced manufacturing, five U.S. senators and six representatives introduced bipartisan, bicameral legislation to make the Manufacturing Communities program permanent.
government-policy  u.s.-manufacturing  economic-development-news  regional-economic-development  rural-economic-development  Around-the-web  this-week-342 
february 2016 by areadevelopment
New Va. economic development program easily advances - The Washington Post
A Virginia House panel on Wednesday advanced bills that would allocate about $40 million for grants that some of the state’s most powerful business, education and government interests are touting as a boon to regional economic growth.

The initiative, called GO Virginia, would set up a state board to establish regional councils that can apply for money for projects, such as job training centers. A second program would give cities and counties that work together up to half of the income tax revenue from new jobs they have a hand in creating.
regional-economic-development  virgina  government-policy  Around-the-web  this-week-340 
february 2016 by areadevelopment
Michigan economic development on track, leaders say - Detroit Free Press
Since the 2009 economic crisis, Michigan’s healthier economy has surged, and its unemployment level plunged. But the state still trails other states in several key areas, including per-capita income and educational attainment.
regional-economic-development  regional-reports  midwest  Michigan  economic-development-news  Around-the-web  this-week-335 
december 2015 by areadevelopment
Rick Haglund: Michigan business tax incentives here to stay..for now -
Instead of tax credits, Michigan mostly offers businesses and communities up-front cash and loans for new investment. The state now spends about $100 million a year in those programs.

Snyder has said that if companies and local governments need more sweeteners to land a deal, they should go to the Legislature and ask for them.

That's exactly what Switch, a Nevada-based company seeking to build a $5 billion data center in Grand Rapids, has done. The center is projected to create 1,000 jobs over 10 years
taxes-incentives  regional-economic-development  Michigan  Around-the-web  this-week-334 
december 2015 by areadevelopment
Three regions win $500 million each in upstate economic development competition - WRVO Public Media
Three of seven regions in upstate New York were awarded $500 million dollars each in economic development money, in a contest by Gov. Andrew Cuomo that critics have called the “hunger games.”
regional-economic-development  regional-reports  economic-development-news  new-york  government-policy  Around-the-web  this-week-334 
december 2015 by areadevelopment
Growing biohealth cluster a high-tech game-changer for Northeast Ohio: Aaron Pitts (Opinion) -
Northeast Ohio residents know their community is home to some great health care centers, but many of them may not realize the extent to which Cleveland is a recognized as a powerful brand in live-saving biotechnology.

Biohealth is a global economic game-changer, representing a growing industry with good salaries for talented, creative people who are dedicated to making a difference.
regional-reports  regional-economic-development  northeast-ohio  ohio  opinion  industry-clusters  biotech  Around-the-web  this-week-332 
november 2015 by areadevelopment
MA, RI Govs Announce Strategies for State Innovation Economies - SSTI
Governors in Massachusetts and Rhode Island have released details about their plans to boost innovative businesses in their respective states. Massachusetts Gov. Charlie Baker offered a strategic plan to guide his administration’s economic development efforts, with an emphasis placed on fostering a culture of innovation and entrepreneurship. Rhode Island Gov. Gina Raimondo announced the launch of three new incentive programs aimed at research-driven companies.
regional-economic-development  regional-reports  Massachusetts  rhode-island  new-england  Around-the-web  this-week-331  government-policy 
november 2015 by areadevelopment
Aerospace Manufacturer Reshores A Factory After Nine Years South Of The Border - Hartford Courant
Horst opened the factory after closing its 9-year-old plant in Sonora, Mexico, joining the rarified ranks of manufacturers that have "reshored" work to New England.

In Mexico, Horst had 50 employees doing a variety of work, not just screw machining, and it was looking to expand further.
reshoring  backshoring  Aerospace  connecticut  regional-economic-development  industry-clusters  Around-the-web  this-week-329 
november 2015 by areadevelopment
Greenville, SC looks to lure corporate headquarters with license tax change - GSA Busines
In an effort to attract more business, specifically corporate headquarters, the city of Greenville is changing its business license tax structure.

The change includes moving those businesses classified as “corporate headquarters” to a different tax code and capping the amount of gross revenue sales subject to the business tax at $20 million.
government-policy  economic-development-news  south-carolina  taxes-incentives  corporate-headquarters  regional-economic-development 
october 2015 by areadevelopment
Google Government Innovation Lab Reveals First Prototypes - Government Technology
In California’s Central Valley, Kern County has announced two prototypes envisioned as remedies for a number of civic challenges. The first prototype is what officials call a Virtual Resource Library (VRL), an online hub that once finished, will act as a crowdsourced resource for county services and collaboration. The second prototype is an enterprise app designed to pluck data from departments for countywide analytics.
innovation-centers  Google  kern-county-ca  california  regional-economic-development  ICT  regional-reports  high-tech  infrastructure  Around-the-web  this-week-320 
august 2015 by areadevelopment
Keystone Opportunity tax abatements spur business growth in Indiana County - TribLIVE
Tax incentive programs have become a significant tool for communities and development organizations as they look for ways to entice businesses to move in or expand, bolstering the local economy.
regional-economic-development  Pennsylvania  taxes-incentives  around-the-web 
march 2015 by areadevelopment
BEAM report outlines infrastructure deficiencies - Louisville - Business First
BEAM was unveiled in 2011 by Louisville Mayor Greg Fischer and Lexington Mayor Jim Gray as a mechanism to develop a strategic economic development approach regionally, capitalizing on the two metropolitan areas’ advantages in advanced manufacturing to make it a world-class manufacturing center.
louisville  lexington  kentucky  regional-economic-development  economic-development-news  infrastructure  around-the-web 
august 2014 by areadevelopment
Long Island Needs Regionalism -
Regionalism at its worst is characterized by monolithic bureaucrats making decisions without any local input. This is why a balance must be struck between both approaches that blend our local sensibilities with a comprehensive regional approach.
regional-economic-development  new-york  long-island  this-week-272  around-the-web 
august 2014 by areadevelopment
Why State Economic Development Strategies Should Be Metro-Centric -
Globalization, technology, productivity improvements, and the resulting restructuring of the world economy have led to fundamental changes that have destroyed the old paradigms of doing business. Whether these changes are on the whole good or bad, or who or what is responsible for bringing them into being, they simply are. Most cities, regions, and US states have extremely limited leverage in this marketplace and thus to a great extent are market takers more than market makers. They have to adapt to new realities, but a lack of willingness to face up to the truth, combined with geo-political conditions, mean this has seldom been done.
metros  economic-development-news  economic-development  regional-economic-development  this-week-246  around-the-web 
january 2014 by areadevelopment
Top Trends in State Economic Development - NGA
Six important trends have emerged as governors have updated economic development strategies and introduced new initiatives in the past two years..
economic-development-news  government-policy  regional-economic-development  regional-reports  around-the-web  this-week-227  university-economic-development 
august 2013 by areadevelopment
MI joins NY, TN in Taking a Regional Approach to Economic Development - SSTI Weekly Digest
Michigan joins New York and Tennessee as states that have shifted their economic development efforts to focus on regional zones.
michigan  regional-economic-development  regional-reports  around-the-web  new-york  tennessee  this-week-227 
august 2013 by areadevelopment
Brookings: Regional Networks Are The New Heroes - Forbes
Power is shifting from Washington to cities and metropolitan areas; local leaders are taking on major economic and social challenges a deadlocked Congress can’t solve for them; and regional networks are emerging across the country to create jobs and prosperity.
economic-development-news  regional-economic-development  around-the-web  metros  this-week-222 
july 2013 by areadevelopment

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