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Video Blog
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How REAL Economic Development Happens

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Meeting Dates:
Boone County Commissioners
-December 3 @ 9 a.m.
Boone County Council
-December 11 @ 8:30 a.m.
Boone County APC
-December 5 @ 7 p.m.
Boone County RDC
-December 21 @ 2 p.m.
Advance Town Council
-December 11 @ 7 p.m.
Jamestown Town Council
-December 3 @ 7 p.m.
Lebanon City Council
-December 10 @ 7 p.m.
Thorntown Town Council
-December 17 19 @ 7 p.m.
Whitestown Town
Council
-December 11 @ 6:30 p.m.
Zionsville Town Council
-December 3 @ 7 p.m.
Boone EDC Board of Directors
-December 20 @ 4 p.m.
Boone EDC Executive Committee
-December 13 @ 7:30 a.m.
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Boone EDC Weekly
Greetings!
As an organization, the Boone EDC is constantly researching and benchmarking to learn what our competing communities are doing to attract and retain business. Boone EDC Weekly is a compilation of noteworthy National and Indiana news about economic development trends. We will also post information about upcoming conferences, events and webinars that you may find interesting. |
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How Places Like Columbus, IN, Outrank the Silicon Valley
The Atlantic Cities - Matt Stroud
Area Development covers corporate site selection and relocation; the list is designed to show executives which cities might serve as an ideal spot for new offices or manufacturing facilities. While the annual list has been a mainstay of the publication for years, it weirdly relied on national lists compiled by other outlets, such as Forbes' "Best Cities for Jobs" list, to figure out which cities were "leading." (Austin, Texas, was the No. 1 leading city last year.)
This year, however, the magazine mashed up its own collection of mainly economic indicators to identify cities that "have found a way to thrive in the midst of adversity [and] to prosper while so many places have struggled." That methodology includes numbers about the 18-44 workforce, percentage of workers with a bachelor's degree, average wage earnings and "recession busting" numbers, which look at how five specific indicators have evolved since 2009.
Click here to continue reading.
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State Updates 'Hot' Jobs List
Indiana Inside Business
The Indiana Department of Workforce Development (DWD) recently unveiled the "Hoosier Hot 50" jobs list, a tool which provides Hoosiers an insight into the most in-demand and high paying careers in today's job market and in the future. First introduced in 2006, the Hoosier Hot 50 is published every two years by DWD. The 2012 installment lists the top 50 jobs of out of approximately 300 reviewed for the program to showcase the most high-wage and in-demand jobs of today in Indiana, through 2020. The 2012 Hoosier Hot 50 features a new website with video profiles of Hoosiers currently working in each position. The profiles provide viewers an inside look at a typical day on the job, how they broke into that field and what each person enjoys about their job. Each profile also includes data on the number of projected job openings by 2020, average salary and the education and/or training required for that career. "The Hoosier Hot 50 is a wonderful tool to help Hoosiers of all ages identify the skills they need for the job market of the future as well as today," said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development. "It is also important to note the majority of the jobs profiled require at the very least post secondary vocational training or an associate degree. This definitely highlights the need for us all to be life-long learners and to not stop at a high school diploma or GED." Click here to continue reading. Hoosier Hot 50 Jobs |
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Free Wi-Fi Now Available in Kendallville
News-Sun - Dennis Nartker
Visitors to downtown Kendallville now have easy access to the Internet, their email and downloadable documents via free Wi-Fi access. The city and the Kendallville Redevelopment Commission contracted PMC Computers and Surveillance of Kendallville to install free Wi-Fi access in the downtown business district. Shoppers and business people visiting downtown can access the Internet at any time without searching for an open connection. Commissioners hired PMC to set up the system for $2,400 from downtown Tax Increment Financing revenue. The main coverage area will be outside the buildings on Main Street from the railway crossing south to Rush Street. Coverage will extend to side streets and parking lots behind stores as conditions allow, according to Mike Bodenhafer, PMC owner. The intent of the service is to attract more people to the downtown businesses and to appeal to more businesses to relocate in Kendallville, said Mayor Suzanne Handshoe. The Internet is becoming a necessity to many people for business and social reasons, she said. Click here to continue reading. |
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Indianapolis Executive Airport Supports 2,400 Jobs
Indy Exec Press Release - Sean White
Indianapolis Executive Airport contributes over $430 million in annual economic output and creates and sustains nearly 2,400 jobs with a payroll of nearly $125 million annually in Hamilton and Boone counties. This underscores the vital role airports play in the economic vitality of local communities and the state of Indiana. These data were released earlier this week by the Aviation Association of Indiana (AAI) and Conexus Indiana as part of the 2012 Indiana Airports' Economic Impact Study. Both AAI and Conexus Indiana are statewide industry-focused organizations with a common goal of supporting Indiana's airports and leveraging their impact on Indiana's economy. In total, Indiana's 69 public-use airports, as part of the State's Aviation System Plan, contribute $14.1 billion in economic output and create and sustain more than 69,000 jobs in Indiana. The AAI and Conexus Indiana partnered with the Indiana Department of Transportation (INDOT) to develop the 24-page report that outlines the economic benefits of Indiana's airports to the State of Indiana, with specific details on how each airport, including Indianapolis Executive Airport impacts local municipalities and the state. Click here to continue reading.
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What Concerns Small Businesses about 2013?
Initiative For A Competitive Inner City - Alex Rodriguez
Wondering what the small business climate will look like in 2013? Small business owners, especially, are unsure of what to expect when there are so many unanswered questions concerning both the global and domestic economy such as: - What will the regulatory climate look like with the implementation of the Affordable Care Act?
- What will be the highest marginal tax rate?
- Will there be entitlement reform and how will it be structured?
- Will we see an increase in interest rates?
- How likely is a default in Greece or any other member of the EU?
- Will a continued slowdown in Chinese GDP put a halt to any kind of economic recovery in the US?
At this point, most believe that the answers to these types of questions are largely in limbo. In an effort to get some kind of idea as to where the economy is headed and where entrepreneurs are most concerned, I decided to look for some anecdotal clues from some incredible value and job creators: Inner City 100 winners. Over the course of fourteen years, Inner City 100 winners employ over 103,000 people (40% of which are inner city residents) while creating nearly 73,000 new jobs and growing at an average year-over-year rate of roughly 50%. I figured that asking members of a group that has shown incredible success over a long period of time might give us some clues as to how they are managing these uncertain economic times. Click here to continue reading. |
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10 Trends Business Leaders Need to Watch in 2013
The Economist - Thomas W. Malnight & Tracey S. Keys
The great global redistribution of economic and social power will continue over the next 12 months. Power will flow away from traditional institutions that have failed to deliver progress - especially governments and banks. It will flow towards communities and individuals, and also to businesses whose leaders understand and act on the big trends shaping our future.
This future looks uncertain and unstable. Hurricane Sandy was a deadly reminder of shifting climate patterns, emphasizing the need for new ways to manage the world's resources and environment. There are growing levels of social unrest over rising inequality, austerity, unemployment, political ineptitude, institutional failure and more. And companies will continue to fail because they misread the future - like Kodak, which invented the digital camera but filed for bankruptcy after focusing on its core film business instead.
In our new Global Trends Report for 2013, we highlight 10 trends that business leaders need to focus on today. These are:
1. Social everything: New generations and their digital world stepping forward
2. Redefining value: The consumer is winning the fight to own the new consumer
3. Distributed everything: Mobility in production and consumption
4. The next "industrial" revolution: Robots and smart machines reshaping work
Click here to continue reading.
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Respectfully, Bryan Brackemyre Director of Marketing & Communications Boone County Economic Development Corporation 218 E. Washington St. Lebanon, IN 46052 (765) 482-5761 - Office (317) 903-9721 - Cell Email |
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