#economicdevelopment

Why Childcare Should be an Economic Development Priority

When companies take a look at potential sites for expansions or when entrepreneurs explore potential for starting a business, one of the top considerations is the labor market. In today’s current market the available workforce is limited, thanks in part to a strong economy and an historically low unemployment rate of 3.6%. However, there’s a …

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Offshore Wind: A New Source for Economic Growth in VA, NC, and SC 

An innovative, new and growing industry sector is set to impact North Carolina, South Carolina and Virginia in the coming years presenting increased opportunities for new manufacturing establishments, new careers and employment growth and diversification of the economic base with increased scientific and energy activities. The global market for offshore wind has been growing 24% …

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Developing the Ag Cluster in Southwest Virginia

Emory & Henry College engaged Creative EDC to study how their new School of Business can drive growth in the agriculture sector in Southwest Virginia and become a hub of innovation. The college has long been a strategic partner of economic development organizations, local governments, nonprofits, and businesses. They want to leverage Emory & Henry’s …

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NCEDA 2022 Local Incentives Survey

The North Carolina Economic Development Association and Creative Economic Development Consulting surveyed local economic development agencies across North Carolina to gauge the usage and terms for incentives for economic development. The findings were compared to a 2011 study to see how incentive policy has changed in the state. The results of this study can be …

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Labor Force Participation Pre-and Post-COVID

There is no topic more discussed these days than the current difficulties companies have filling jobs. This labor shortage is usually associated with the pandemic and is being analyzed in small businesses and corporate boardrooms, and especially at economic development organizations! We wanted to dig deeper into this topic, so we invited Dr. Laura Ullrich, …

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Top 10 Skills Economic Developers Should be Honing Right Now

“What skills should I be learning right now?” is a question we have been asked by several economic developers. We have all been thrown into a new work environment that requires a new set of skills. We believe virtual meetings, collaboration, and site visits are here to stay to some degree. Companies and organizations have …

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Using Supply Chain Analysis to Attract and Retain Businesses

By Leigh Howe, Applied Marketing One of the best ways for communities to grow the regional economy, increase wages, and create new jobs is to support supply chain development. There are three legs to the cluster development stool – talent, innovation, and supply chain. Manufacturers rely on raw materials, components, and parts, as well as …

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