Friday, July 11, 2003
A Hudson Valley partnership of eight counties launched their regional marketing program this week. This effort is no small potatoes: Central Hudson Gas & Electric Corp. will fund the initiative with $7.5 million from its customer benefit fund. With a five year program, operating costs would be $1.5 million per year.
These regional efforts can break down if operating procedures are not clearly outlined about how leads will be handled once they are generated. In this case, the partnership appears to be focusing on a limited list of properties that meet clear criteria.
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.
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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.
Hudson Valley launches new marketing effort
