Category: Capital Campaign

Economic Development Insights: A 2024 Mid-Year Roundup and a Look at What’s Next

image of pages of charts and graphics on a table with reading glasses and a pen

We’ve compiled a recap of the topics we’ve explored in our blog thus far in 2024, offering insights and strategies for economic development professionals navigating an ever-changing landscape. Convergent Nonprofit Solutions dove deep into the heart of issues shaping the economic development landscape, exploring how infrastructure acts as the unsung hero of thriving cities, how […]

Impact of Public Health Crises on Economic Development

Illustration of a coronavirus particle. The spherical virus is depicted with a blue core and covered in spike proteins, shown in red and white, protruding from its surface. This image represents the microscopic appearance of the virus responsible for the COVID-19 pandemic. The background is a gradient of dark to light blue. The image is used in an article titled "Impact of Public Health Crises on Economic Development," highlighting the significant influence of health emergencies on global economies.

Economic developers are often tasked with addressing limiting circumstances within their communities that extend well beyond economic factors. Public health crises, ranging from global pandemics to more personal yet equally weighty issues like mental health crises, create scenarios with severe implications for their organizations and communities. The unexpected upheaval caused by the COVID-19 pandemic underscored […]

Navigating Change: Effective Strategies for Economic Development Organizations

A close-up of a road sign

Perhaps somewhat ironically, change is often the only constant in business. We live in a VUCA world – Volatile, Uncertain, Complex and Ambiguous. This phenomenon touches everything today, leading to head-spinning and rapid change on both a global and local scale. Economic Development Organizations (EDO) face a unique set of challenges to address. What does […]

Childcare and Workforce Development: The Critical Link for Fundraising Now

A man and a child sitting at a desk with a computer, engaged in a focused conversation.

Childcare is getting a lot of press these days.  Beyond the mountain of evidence that it pays huge dividends in reading skills, graduation rates, secondary education attainment, and lifetime earnings, the link to economic development is becoming increasingly important.  Many of our clients now consider it an integral part of their economic development program of […]

Tom’s Takeaways in 2023: A Year of New OVP’s

Graphic illustrating that large investments are both an emotional and rational act

It’s been quite a year for Convergent and we are rolling into 2024 with a full head of steam.  As some of you know, for all of our more traditional campaigns, we develop what we call an Organizational Value Proposition®, or OVP.  For clients engaged in economic development activities, we move to a more straight […]

Address Housing Shortage through Economic Development Strategies

Image of small model of a home on top of blueprints

Putting plans in place requires the actual fundraising itself. Chambers of Commerce and Economic Development Organizations (EDO) can pursue numerous avenues to meet fundraising goals. Most economic developers can utilize the Community Development Block Grant (CDBG) Program to access grants to develop viable communities by providing decent housing and a suitable living environment and expanding […]