Industry Alignment Separates Contenders From Longshots

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21 Apr 2026


Economic Development, blog

By Andy Coe, Principal at Convergent Nonprofit Solutions

A focused approach is essential for attracting successful businesses. Mid-sized communities that pursue broad recruitment often weaken their competitive position. Aligning assets with targeted industries increases success rates and minimizes wasted effort.

Industry clusters offer measurable advantages. Shared suppliers, skilled labor, and compatible infrastructure lower startup risks for new investments. Communities that identify and communicate these factors provide greater value to site selectors.

Targeting Requires Evidence

Cluster strategy depends on data. Workforce concentration, wage trends, turnover rates, and supply chain access define viability. Location quotients and occupation-level employment data help identify realistic targets.

Infrastructure compatibility matters as much. Advanced manufacturing and data centers require reliable power and connectivity. Communities that assess capacity before outreach avoid pursuing projects they cannot support.

Strategic fit also requires discipline. Not every project belongs in every market. Communities that say no protect credibility and resources.

Storytelling Supports, Not Replaces, Data

Narrative still plays a role. When two locations present similar fundamentals, community context can influence executive decisions. Quality of life, housing availability, and schools often matter for leadership-heavy projects. The narrative must be accurate. Overemphasizing lifestyle without operational support undermines trust. Site selectors consider culture only after confirming labor, infrastructure, and permitting capacity.

Effective messaging balances data with context. It explains how numbers translate into day-to-day operations and long-term stability.

Proactive Engagement Improves Outcomes

Responsive systems matter. Site selectors value speed and accuracy. Communities with organized data platforms and designated points of contact reduce friction.

Off-market opportunities enhance competitiveness. Identifying viable sites before public listing can differentiate a community during early review. State partnerships help smaller teams compete, while shared data resources and validation support accuracy and credibility.

Funding Enables Consistent Execution

Sustained business attraction depends on stable funding. Short-term efforts rarely yield results. Convergent Nonprofit Solutions assists communities in aligning capital campaigns with attraction priorities.

Through readiness assessments and feasibility studies, Convergent ensures organizations have leadership alignment, capacity, and market support before launching campaigns. That approach ties funding directly to outcomes such as site development, workforce programs, and infrastructure planning.

The whitepaper outlines how mid-sized communities can integrate industry alignment, data discipline, and funding strategy into a unified framework.

Download our Site Selection Whitepaper

Align Assets With the Right Industries

Download Convergent’s whitepaper to learn how a focused industry strategy and verified readiness can improve site selection outcomes for mid-sized communities.
 

About The Author

Andy Coe

Andy Coe

Principal

Department: Team

I was fortunate to stumble into my nonprofit fundraising career at 26 years old. My first fundraising effort was to raise $2 million to expand Great Bear Recreation Park in Sioux Falls, SD. The challenge was daunting; however, we were able to finish over goal, under budget, and on time. The feeling of accomplishment was unlike anything I’d ever experienced and became especially poignant after visiting the park years later and seeing the smiling faces of everyone enjoying the park.

Realizing that I had the ability to earn a living doing something I enjoyed while making a difference in people’s live motivated me to continue in fundraising and ultimately become a Principal with Convergent. I couldn’t imagine a more fulfilling and personally rewarding career.


With more than 20 years of for-profit and nonprofit experience, Andy is a highly skilled, well-respected, and exceptionally versatile professional. He is an equity principal of Convergent Nonprofit Solutions, a national consultancy focused on developing sustainable funding strategies and raising capital for organizations looking to improve involvement and investment from their constituencies. Andy’s primary responsibility with Convergent is to create opportunities for the firm to apply its unique philosophy about fundraising – known as “Asking Rights™” – which includes a practical approach to working with executive and volunteer leadership to create short- and long-term goals that are ambitious but obtainable and always outcomes-based.

Having co-owned a multi-site small business and led the sales and marketing efforts for a global, multi-million dollar aerospace corporation, Andy understands that attention to detail, clear communication, tenacity, and resourcefulness are critical components to any successful endeavor. His ability to navigate the nuances of internal and external situational pressures has made him a favorite with clients, which leads them to refer him to others in their network and seek him out again for additional projects.
 

Summary of Experience

  • Personally responsible for thousands of investment requests; more than $60 million raised for organizations that are positively impacting local, regional, national, and international communities.
  • Involved in successful fundraising efforts in eighteen states spanning the country from Florida to Washington.
  • Frequent conference speaker and author on topics related to economic and workforce development fundraising.
  • Alumni, Leadership Cary (NC) Chamber of Commerce (2013).
  • North Carolina Director, Southern Economic Development Council Board of Directors (2015-2017).
  • Board member and membership chair, University of South Florida Alumni Association.
  • Past board member and marketing/fundraising liaison, Virgin Islands Montessori School (St. Thomas).
  • BA in Marketing and MBA from the University of South Florida.