Sunday, April 16, 2006
The Triad region of North Carolina is focused on building a new cluster of businesses around creativity. Now, the US Department of Labor has stepped in to help implement the plan. The Triad region received one of a handful of $15 million grants issued by the Labor Department. Here is an overview of how the region will use their WIRED grant. Read more.
Northeastern Pennsylvania is also one of the region selected by the Department of Labor. For one of its WIRED grants. The focus of this grant will be to create Wall Street West within the region.
The strategy focuses on building backup facilities for Wall Street firms, banks and financial intermediaries. Federal disaster recovery regulations now require major financial institutions to maintain backup systems at least 125 miles outside of major cities. Read more.
I have been asked to serve as the economic adviser for the WIRED grant that was awarded to Purdue University. So, I will be able to keep fairly close tabs on what the 13 regions are doing and what lessons we might be able to transfer to other regions of the country. I will keep you updated through the EDPro Weblog.
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.
If you are using a news reader, here is the link to syndicate this site:
Here's the link if you are a bloglines subscriber:
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.
Two region's and their WIRED grants
