Tuesday, November 15, 2005
Here's another example of how economic development incentives are shifting to people.
EDPro reader Elissa McGauley from Ft. Wayne passed along this press release on a new initiative in Kokomo to attract and retain a high quality workforce to the city. Under the program, qualified people can apply for a loan of up to $10,000 or ten percent of the purchase price of a home from the City. The loan will be forgiven if they live in Kokomo for five years.
Elissa comments that this initiative is "a variation on Fort Wayne's brain gain project". Recently, Ft. Wayne Education Foundation announced the first three recipients of its Brain Gain awards. Learn more.
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.
Kokomo's version of a brain gain initiative
