Tuesday, May 08, 2007
Here's a profile of a technology incubator in rural Cohasset, Minnesota in which the US Economic Development Administration has invested. Read more. The story gives you some insights into the type of project that the EDA finds valuable.
The project started in June, 2005 when Cohasset received a grant from the Blandin Foundation for $1.5 million.
You can visit the site of the Itasca Economic Development Corporation here. The corporation is partnering with Cohasset to manage the project.
The Cohasset project is an offshoot of the Itasca Technology Exchange. This partnership represents the type of "hub withd spoke" alliances on which rural counties will increasingly depend.
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.
Rural incubator in Minnesota
