Saturday, August 21, 2004
Innovation Works, a state-funded program to accelerate innovation in Southwest Pennsylvania, is launching a new program to assist manufacturers. The initaitve provides financial assistance to manufacturers to improve their production process. Learn more.
The board has been reviewing Innovation Works' mission following complaints that the group has not been effective.
Innovation Works is a publicly funded non-profit that invests in early stage technology companies to help the economic development of southwestern Pennsylvania, and it is one of four Ben Franklin Technology Centers across the state.
Innovation Works says it invested more than $18 million in 57 companies that created more than 400 local jobs and attracted more than $180 million in follow-on financing between January 2000 and December 2003.
But the board has been reviewing Innovation Works' mission following complaints that the group has not been effective.
posted by Ed Morrison |
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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.
New program to help Pittsburgh manufacturers
