Just like good company business planning, communities, developers or companies seeking to develop an economic development strategic plan need to embrace the effort through a learn, listen and do approach. Economic development strategic planning begins with a data dive to utilize industry-recognized economic and workforce research sources to capture a region or site’s economic snapshot. […]

There is not one size that fits all economic development plans that addresses a community, developer or companies’ challenges and opportunities.  Different economic development plans are crafted to address a community, developer or company’s specific challenges and opportunities.  As outlined in the graphic below, a range of different economic development studies help address specific challenges

Communities across the U.S. have achieved economic development success through the creation and implementation of economic development plans.  The Montrose Group has completed over 50 economic development studies addressing a range of issues and a couple of successful case studies are below. Athens County, Ohio is an Appalachian County in Southeastern Ohio and is home

What is “Lame Duck”? Traditional the term Lame Duck refers to a person holding political office or a political body and the period between an election and when the successor is sworn in or inaugurated. In this case it is the Ohio General Assembly who is the Lame Duck as the two-year cycle the Ohio

“Let’s make America great again.”  The battle cry of President Donald Trump was not originally his—then former Governor soon to be President Ronald Reagan launched his campaign with those very words. In fact, Donald Trump, who will be the first President to serve non-consecutive terms since the former Mayor of Buffalo and conservative Democrat Grover

Driven by a 12-point win by Republican Donald Trump in Ohio, fellow Republicans achieved continued political success in the Buckeye State in the 2024 General Election.  President Trump gained over 55% of the vote in the once Purple Ohio that now is clearly a solid Red state. Trump won 83 of Ohio’s 88 counties including

Several Midwest regions illustrate success in the life sciences industry. This success is not just about landing a major life sciences employer but in many cases is about building a tech-friendly ecosystem. Indianapolis offers a strong starting point for a successful life sciences region. Life sciences is a big industry in Indiana: $79B economic impact;

Economic development incentives as well as research and development partnerships drive substantial life sciences economic development growth. Success in retaining, attracting and growing the life sciences industry centers on four critical strategies: Build career pathways for future Biosciences talent, Develop a predictable and stable regulatory climate for life science firms, Utilize of technology-based economic development

The life sciences industry is an economic bright spot across the United States. The life sciences industry consists of companies operating in the fields of pharmaceuticals, biotechnology, medical devices, biomedical technologies, nutraceuticals, cosmeceuticals, food processing, and others that dedicate their efforts to creating products to improve the lives of organisms. The life sciences industry encompasses