Helping State Economic Development Leaders Thrive
By now, you probably have heard the good news – EDA reauthorization made it through both houses of Congress as part of the Water Resources Development Act! This reauthorization was 20 years in the making and will help transform EDA into a more modern-day economic development. As we look to the future, state leaders, economic […]
Who wouldn’t want to make economic development initiatives better and faster? A.I. has the potential to radically economic development across the board. A.I. understandably raises important questions about the future of work, productivity, and—specifically for the State Economic Development Executives (SEDE) Network—their potential impact on the field of economic development. And for good reason, experts […]
At the completion of the nine-month CREC Policy Academy, teams reflect on lessons learned to align state and local economic development strategies and build sustained economic benefits.
CREC hosted a convening of Statewide Planning Grant grantees to not only share research findings, but to provide an opportunity for state and Economic Development District leaders to discuss project activities, roadblocks, and state-EDD alignment.
From October 15 – 21, 2023, nine representatives of the SEDE network visited Bonn, Cologne, and Stuttgart to learn about Germany’s dual education and training (Dual VET) system, aiming to expand apprenticeship in the US. During the visit, the delegation met with German economic development professionals, government officials, employer associations, unions, vocational schools, training centers, and manufacturers. This visit allowed the delegation to gain firsthand insights into Dual VET system, its policies and funding mechanisms, and which social partners were involved.
Halfway through the CREC Policy Academy, teams from six states are making progress toward aligning state and regional activities and creating long-term sustainability.
In a recent Information Technology & Innovation Foundation (ITIF) webinar, representatives from Arizona, New York, and Texas highlighted the role states play in fostering the growth of the semiconductor industry.
Much like in a building, a strong foundation serves as an important base for structural change. Indeed, a sturdy foundation provides the support necessary to withstand powerful challenges and allow for process transformation and organizational growth.
A new report, The State Small Business Credit Initiative and Rebuilding the U.S. Manufacturing Base, discusses the sector’s revival and the importance of SSBCI in supporting its growth. CREC contributed to this report and this blog highlights some of the report’s key findings.
After more than a year of research, education, and limited technical assistance to support the Economic Development Administration, CREC is excited to announce six state teams that will participate together in the 2023 policy academy, Aligning State and Regional Economic Development Strategies and Actions.