LITTLE FALLS, MN – Golden Shovel Agency client The New Growth Alliance economic development organization was recognized for its role in attracting Weatherby to Sheridan, WY. The company relocated from California and resettled in Wyoming for its pro-business environment.
On December 9, 2019, Robert Briggs from The New Growth Alliance received the Mid-America Economic Impact Deal of the Year Small Community Award at the annual Mid-America Competitiveness Conference and Site Selector Forum for its efforts to attract the gun manufacturer.
The gun manufacturer announced its plans to relocate in January 2018 and the doors were officially opened at the Sheridan facility on Jun...
CHICAGO, IL – The New Growth Alliance economic development organization was recognized for its role in attracting Weatherby to Sheridan, WY. The company relocated from California and resettled in Wyoming for its pro-business environment.
On December 9, 2019, Robert Briggs from The New Growth Alliance received the Mid-America, Economic Impact Deal of the Year Small Community Award at the annual Mid-America Competitiveness Conference and Site Selector Forum for its efforts to attract the gun manufacturer.
The gun manufacturer announced its plans to relocate in January 2018 and the doors were officially opened at the Sheridan facility on June 13, 2019. The 74-year ol...
BY 24-7 Press Releaase
Economic development occurs when passionate business owners collaborate with partnering agencies and community organizations. Ramsey County Community & Economic Development is demonstrating a commitment to entrepreneurs and existing businesses wishing to expand with the launch of the “Ramsey County Means Business" incentives dashboard and business resource portal.
This online resource consolidates local, state and regional incentives and resources for existing and future businesses. By offering a powerful, easy-to-use online portal, Ramsey County economic developers and partnering agencies are committing to vibrant business growth.
“RamseyCountyMeansBusiness.com is an opportunity for economic development leaders across the region to better engage and equi...
By 24-7 Press Release
York, NE: York County Development Corporation (YCDC) is pleased to announce the availability of a 360-degree virtual reality (VR) tour that provides prospective businesses and site selection consultants with a full-immersion experience of the York region from anywhere in the world. The PlaceVR tour, created by Golden Shovel Agency, highlights a 34-acre site for sale as well as educational opportunities in York and the region’s high quality of life.
“This virtual reality video complements other marketing efforts we’re doing for this industrial site and the County,” said Lisa Hurley, YCDC Executive Director. “Being a rural community, it i...
Article originally posted on cooperatives.com by Victoria Rocha on October 31, 2019
Oregon Trail Electric Cooperative’s economic development website entices users to explore “the spirit of the Western frontier” in its beautiful and rugged service area.
With “mountains, valleys, rivers and lakes, Eastern Oregon is simultaneously breathtaking and accessible,” reads the website. “Every season holds a new adventure.”
Lea Gettle, Oregon Trail EC’smanager of administration and strategic services, hears such praise often from tourists and new residents alike. “People come here, and they don’t want to leave,” she said.
The hard part is getting them to come. But the Baker City-based co-op is betting on virtua...
Autonomous driving cars, artificial intelligence, crowdsourcing and the sharing economy are all examples of how new technology is changing the landscape of our communities. How to anticipate and prepare for these changes was a common theme of the recent Southern Economic Development Council’s Annual Conference in New Orleans, the Texas Economic Development Council's Annual Conference in San Antonio, and the International Economic Development Council’s Annual Conference in Indianapolis . Golden Shovel CEO Aaron Brossoit presented at all three conferences. We interviewed him to explore key takeaways from the conference and his thoughts on the impact new technologies will have o...
Publishing regular content for your community yields the best results to build awareness. So why aren’t you publishing more valuable content?
Content marketing costs 62% less than other marketing and produces 3 times as much traffic. Yet, most organizations ignore content marketing. Every day, workers, site selectors, and entrepreneurs search for communities that have a compelling narrative with potential for growth. Your content strategy should feed their insatiable appetite for information.
Economic developers know the power of content marketing. Stories are posted when businesses expand or new companies come to town. But only posting major events, gives the impression that economic growt...
Through ingenuity, innovation and a steadfast commitment to community, co-ops are spurring economic revitalization and growth in rural areas across the country.
On Oct. 30, Touchstone Energy launched a series of Co-op Community Initiative webinars to explore the many ways co-ops are breathing new life into their communities and enhancing their members' quality of life. Member co-ops are invited to join us during these discussions, where they will gain practical insights, expertise and ideas for what we can all do to stimulate growth in our rural areas.
In this first webinar of the series, they showcased Oregon Trail Electric Co-op's cutting-edge virtual reality tours. Co-op Administratio...
Opportunity Zone investments have the potential to unshackle billions of investment dollars from Wall Street and create working capital funds for main street USA. This lucrative tax shelter offers a winning combination of smart tax planning and decreased regulations-- a perfect match to maximize capital gains and increase long-term wealth. Additionally, investing in an opportunity zone fund directs capital into distressed communities who benefit the most from economic growth. But to receive the tax write-offs, investors must commit.
Investing in the next 18 months provides the best long-term return, and assets are at the lowest cost they will be for thes...
By 24-7 Press Release
“Driving Dickinson County” is the attraction plan initiated by the Dickinson County Economic Development Corporation to promote the region to prospective businesses and workers. Visit https://www.dkedc.com/ to access the newly launched site.
Executive Director of Dickinson County Economic Development Corp., Chuck Scott, believes the new website will help business attraction and engage site selectors. “Upgrading the website became a priority as we introduced our area to site selectors and new businesses,” said Scott. “This is a main source of exposure to gain awareness.”
Good-paying jobs and low housing provide comfortable and safe communities for families, and residents are prou...
By Ron Kresha, Golden Shovel's COO/CFO
Communities need to amplify their digital content to gain traction on social media. To tell your community story, your workforce attraction or business attraction success stories need to be heard. In the noisy world of social media, being heard requires amplification.
A successful digital strategy requires discipline and consistency. Posting content impulsively or only when you have time, means your audience will be confused. Good messaging is about repetition.
One of my favorite quotes is about motivation from Zig Ziglar:
“People often say that motivation doesn’t last. Well neither does bathing that’s why we recommend it daily.”
By Ron Kresha, Golden Shovel's COO/CFO
The American workforce is on the move and communities should understand the effects of worker migration. Variance exists between studies on exactly what effects urban, suburban and rural communities can expect. One certainty is that communities must confront the changes of growing racial and ethnical diversity, increasing immigration and rising numbers of older adults. These demographic shifts are touching every community differently.
Geographic distribution of start-ups and worker increases are clustered within a few select regions of the US. According to the LinkedIn June Workforce Report, 15 regions account for 80% of high-growth startup employees—40 percen...
By Aaron Brossoit, Golden Shovel's CEO
Relationships are key in economic development. A lot of deals come down to a handshake. But let’s face it: this puts smaller, more remote communities at a disadvantage in business attraction since site selectors don’t often have the time and money to visit smaller towns.
When in-person meetings aren’t possible, the right technology can do an excellent job of bridging the communication gap. Virtual reality has been proven the next best method for showcasing community assets and capturing busy site selectors’ attention.
We pride ourselves as being pioneers in harnessing innovative virtual reality technology for use i...
There's a war on security and cyber security. If you have a WordPress site, you might be at risk (READ HERE about the 50,000 users who have recently been hacked.) But that's only one of the reasons why a WordPress site might not be the best fit, especially in Economic Development. Another key concern is its code quality. An integral issue is the quality of the WordPress code itself, such as old use of versions and contributors who did not follow the strict structural standards.
If that still doesn't have you convinced, remember WordPress is designed for generic use only. WordPress i...
The speculation race is on for the opportunity zone market.
In 2017, a tax-incentivized investment program was launched to create tax benefits for investors who invest in one or more of the 8,764 distressed neighborhoods. The program was created to offset unequal growth in the United States and to revitalize neighborhoods with anemic growth. k
According to Forbes, what started as a federal program has now become a market.
That is exactly what is happening. Once the 8,764 Opportunity Zones were designated and the Treasury Department began issuing regulatory guidance, the market sprang to life. There has been a race to stake ...
We miss a lot of what is going on around us. In one experiment, audience members are asked to count the number of times a basketball is passed between six people. A video is played with people passing a basketball. Afterward, the audience is asked how many times the ball was passed. People shout out numbers.
Then the moderator asks, “Did you see the gorilla?”
Replaying the video reveals an obvious gorilla walking through the group of basketball players. Christopher Chabis and Daniel Simons, in their book, The Invisible Gorilla, highlight how our intuition prevents us from missing the obvious.
There is ...
Minnesota is making Opportunity Zones work for their communities!
DULUTH, Minn., Sept. 17, 2019 /PRNewswire-PRWeb/ -- The Minnesota Opportunity Collaborative, which launched in spring 2019, continues to expand its efforts to inspire investment in opportunity zone projects across Minnesota. MNOppCo is committed to bottom-up collaboration to put the opportunity zone incentive to work for communities that have historically suffered from a lack of investment. MNOppCo's grassroots effort is unique among statewide opportunity zone programs and has helped ensure that it directly serves the communities that can most benefit from the legislation.
MNOppCo has its roots in the efforts of The Northspan Group, Inc. and Community Exchange, two nonprofits devote...
Corianna Payton Scally and Amanda Gold raise the issue of housing and argue that the problem is equally challenging for rural communities.
Unequal economic recovery continues to favor select regions of the United States leaving behind large rural areas. In these areas, the shortage of housing is amplified.
It is estimated that over 75% of rural homes are owner-occupied leaving a shortage of rental homes. And, rural communities face a labor shortage in the construction industry and have a lower population density. Therefore, people and capital are not readily available to construct or remodel rental housing to meet the need.
Federal Programs ar...
This summer, at the 2019 Breakthrough Solutions conference in Little Rock Arkansas, Matt Dunne shared his message for economic growth in rural America. His presentation, "Stemming the Tide: Creating Digital Ecosystems in Rural Areas” focused on revitalizing rural areas.
He highlighted five areas that community leaders need to pay attention to:
Provide education and training for the digital economy
Develop a distributed work community
Improve entrepreneurship programs
Invest in downtown housing
Promote arts, culture and recreational amenities
Try these '30 PROVEN MARKETING TIPS FOR ECONOMIC DEVELOPERS'.
He called out the need for connectivity in rural communities, "It is the electricity of our time."
Rural communities are familiar with the struggles o...
The 2017 Tax Cuts and Jobs Act is designed to bring investment to distressed neighborhoods. By creating Qualified Opportunity Zones (QOZ) communities can offer investment vehicles for people seeing tax incentives.
Investors who invest in an opportunity zone can defer capital gains on sold assets until December 31, 2026 or until they decide to sell the asset. Additionally, any gains from the investment may be realized tax-free. This can be a powerful incentive to drive investment into distressed areas.
Opportunity zones have gained widespread attention and communities are starting to create marketing materials and strategies to attract investors and developers.
According to "Investin...
The physical vastness and cultural diversity of the United States can make the country seem more inherently different than it is similar.
But what’s broadly true of America in rural and urban areas alike is the persistent shortage of affordable housing. A new analysis by Stateline paints a stark picture of the renewed rental burdens chipping away at the incomes of working- and middle-class Americans in rural communities.
“The housing system isn’t working on behalf of a lot of rural residents,” says David Lipsetz, CEO of the Housing Assistance Council (HAC), a nationwide nonprofit dedicated to helping build affordable rural housing.
Read the full article here.
Ramsey, Minnesota– A comprehensive new online portal to highlight the Minnesota Technology Corridor was just launched. The website showcases premier project sites that are ready for technology business development.
Minneapolis/Saint Paul is one of the largest and fastest growing tech regions in the country. The MN Tech Corridor includes Northeast suburbs of Minneapolis less than 30 minutes from the Twin Cities and Minneapolis-St. Paul International Airport with convenient access to Interstate I-35.
The goal of the new site is to promote the MN Tech Corridor to a national/international audience in order to attract new businesses and jobs to the region and spu...
Gallup, NM – The Greater Gallup Economic Development Corporation (GGEDC) just launched a redesigned website to strengthen its online presence and highlight business advantages in this rapidly growing region of New Mexico.
“The redesign of the GGEDC website continues a commitment to the City of Gallup and McKinley County to provide a state of the art economic development website to promote the local business climate and opportunities,” said GGEDC Executive Director Patty Lundstrom.
The comprehensive website is easy to navigate and includes customized reporting features. It will be a valuable tool for site selectors and businesses as it includes a host o...