Monday, May 05, 2003
Here's a good summary of economic development legislation passed by the Indiana legislature.
Indiana has created the Venture Capital Fellowship Program to help match the Indiana Future Fund with people having graduate degrees and an interest in venture capital. Fellows would help look for investments in technology companies.
Another piece of legislation encourages the Indiana Public Employee Fund and the Teachers Retirement Fund to invest a small portion of their portfolios in Indiana technology companies. At a practical level, the measure could funnel more than $20 million to the companies.
Today in our history of innovation...
In 1809, the first U.S. patent granted to a woman was issued to Mary Kies for "a new and useful improvement in weaving straw with silk or thread."
Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.