Economic Development

VEKA to Locate in Burke County

By Sara Chester  |  Burke Development, Inc.  |  Full Article “VEKA, a global leader in the vinyl extrusion industry, will locate a new facility in Burke County. Over the next four years the company will…

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RCED enters public phase of campaign

By Scott Carpenter  |  The Daily Courier “County leaders gathered Tuesday evening for a celebration and unveiling of Rutherford County Economic Development’s (RCED) new initiative, “Transforming Tomorrow Together, Spurring Economic Development in Rutherford County.” The…

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Fundraising begins for economic development

By Scott Carpenter  |  The Daily Courier  |  Full Article “Zeb Weaver, of Convergent Nonprofit Solutions, who is spearheading the fundraising drive for the Rutherford County Economic Development Advisory Committee (EDC), was introduced at the…

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JCEDC contract amended

By Alexa Zoellner  |  Daily Union  |  Full Article “The Jefferson County Board of Supervisors on Tuesday amended a contract for services for an Economic Development Capital Campaign to switch providers from Power 10 to…

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Tri-county economic partnership’s capital campaign enters public phase

By Zach Vance  |  Johnson City Press  |  Full Article “The Northeast Tennessee Regional Economic Partnership, consisting of public officials and businessmen from Washington, Unicoi and Carter counties, entered into the public phase of its…

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Roanoke Regional Partnership announces plan to bring jobs, investment

By Bethany Teague  |  WSLS 10  |  Full Article “The Roanoke Regional Partnership unveiled its plan to boost the economy across southwest Virginia, after more than a year of research on Tuesday. In initiative, Accelerate…

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Over half fundraising goal pledged for WCEDC regional partnership

By Zach Vance  |  Johnson City Press  |  Full Article “During Thursday’s monthly Council meeting, Chris Marshall, campaign director of the financial effort to form the regional partnership, said investors have already pledged 71 percent…

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Holdrege looks to boost community with Prosperity Project II

By Ashley Bebensee  |  |  Full Article “After exceeding their previous $1 million goal by $300,000, PCDC is aiming to reach $1.1 million with Prosperity Project II. The 2011 Prosperity Project funds were combined…

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Washington County council leaves officers in place; regional partnership to begin fundraising soon

By Nathan Baker | Johnson City Press | Full Article EXCERPT – After unanimously voting to keep the current officers in place, the board heard from Chris Marshall, campaign director with Convergent, the firm hired…

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Kyndle unveils 5-year economic development strategic plan

“Great strides have been made to grow and retain jobs in the region, but Kyndle is aiming for even better returns with its ambitious five-year economic development strategic plan Ignite 2021. Kyndle unveiled its $3…

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Looking back at #IEDCToronto

September 26, 2017

This year’s International Economic Development Council Annual Conference really lived up to its promise to “Connect. Collaborate. Create.” Not only was the conference packed full of great educational sessions, there were countless opportunities for attendees to…

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Best Practices for Funding Economic Development

September 12, 2017

Watch the video below to learn the key steps included in the investment campaign model. This best practices approach is a proven and highly successful way to secure the funding needed to implement a wide…

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Fundraising FAQs from Florida Economic Developers

May 16, 2017

I very much enjoyed yet another Florida Economic Development Council (FEDC) conference this year, and especially having the opportunity to introduce my partner Cheryl Hardy to so many of you. Florida has become our fastest…

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Community Colleges Leading the Entrepreneurial Way

April 17, 2017

“Nimble, inclusive, and entrepreneurial.” Education Secretary Betsy DeVos used these three terms to highlight the unique role community colleges play as a catalyst in workforce development issues. “You’re absolutely essential engines of workforce and economic…

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Community Colleges & Workforce Development: Growing Stronger Together

February 17, 2017

Community Colleges change lives. We all have heard the stories of the financially strapped students whose dreams of a college degree seem unachievable until a scholarship opportunity opens the doors to their future. Philanthropy at…

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Women in Economic Development: It’s Time to Give Yourself Permission

November 02, 2016

When I first decided to write about Women in Economic Development, my initial plan was to share the post immediately after the International Economic Development Council (IEDC) Annual Conference. That conference is well in the…

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University Economic Development Association Annual Summit Recap

October 28, 2016

There were plenty of great sessions at this year’s annual summit, and we’re honored that Principal Andy Coe was included as one of the presenters. His session, “The Power of Community Partnerships in Funding Workforce…

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Promise Initiatives: Investing in a Long-Term Competitive Advantage

October 18, 2016

This article was originally written for and published in the International Economic Development Council’s “ED Now” newsletter. We are excited to make it available to non-IEDC members here for the first time. There were 5.8 million job…

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Western EDOs Seek to Diversify Their Funding Mix

October 06, 2016

A great number of local and regional economic development organizations rely primarily on State and local tax dollars to support their operations.  While talking with fellow economic development professionals last month at the IEDC Annual…

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The Benefits of Hiring Outside Fundraising Counsel

September 12, 2016

Convergent Note: The following is a brief excerpt from the article “Counterpoint: Feasibility Studies and Other Reasons Outside Counsel Can Help Small Nonprofits,” recently published by NonProfit PRO and written by Principal Mark Bergethon. To read…

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Launching a Successful First Capital Campaign: A Rural Economic Development Case Study

March 20, 2015

How does a rural community Economic Development Organization (EDO), which has never run a capital campaign in the past, launch a major fundraising initiative? How does this EDO generate full buy-in from a business community…

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Hiring Fundraising Counsel After Years of Successful, In-house Campaigns: An Economic Development Case Study

January 14, 2015

Why should an Economic Development Organization (EDO) that has run successful capital campaigns for years seek professional fundraising counsel? What is the benefit of conducting a full feasibility study prior to launching a campaign? How…

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Decreasing Dependency on Events for Funding: An Economic Development Case Study

November 24, 2014

How does an Economic Development Organization (EDO) that has depended primarily on an annual fundraising event for years make the leap to launching a multi-year capital campaign? How do they secure buy-in and support from…

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