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NCDS Nsight - Nsight - eNews for Community & Economic Development Leaders
In this issue:
Farm"shoring"
Market Facts
Research Parks
Howard's Nsights
Client News
N-the-Spotlight
Best Lists
Reading List
WIRED
Links
Free iPod
Bests Lists
April, 2006 | Volume 1
U.S. employers boosted payrolls by 211,000 in March in a springtime hiring burst that pushed the unemployment rate down to 4.7 per cent.


The World is Flat – A Brief History of the 21st Centuryby New York Times Columnist, Thomas Friedman

The United States of Europe: The New Superpower and the End of American Supremacyby the Washington Post Rocky Mountain Bureau Chief, T.R. Reid

New science grows in Winston-Salem: at Piedmont Triad Research Park, groundbreaking research is underway- An article from Business North Carolina

The Tipping Point: How Little Things Can Make a Big Differenceby Malcom Gladwell

Dare to Dream... Then Do It: What Successful People Know and Doby John C. Maxwell

The 360 Degree Leader : Developing Your Influence from Anywhere in the Organizationby Doug Hall

Talent Force : A New Manifesto for the Human Side of Businessby Rusty Rueff

A Whole New Mind : Why Right-Brainers Will Rule the Futureby Daniel Pink

A portion of any purchase made by linking to Barnes & Noble from this site will go to the Boys and Girls Club of America

Virginia BioTechnology Research Park –BioTech Center and BioTech OneA University Research, Techonology, Or Bio-Park Can Be A Major Economic Development Catalyst: Can Your Community Reap the Rewards?

Research, technology and bio-parks are proving to be prized economic development catalysts, delivering tangible and marketable benefits to urban, suburban, and rural communities across the nation. Cities, towns and regions with the appetite to innovate, and the ambition to create research parks, are reaping the economic rewards of new, and well-above-average paying jobs; prestigious scientists and tenants from technology start-ups, to Fortune 100 companies; expanded corporate tax bases, and valuable infrastructure and resources.

According to the Association of University Research Parks, whose mission is, “to promote the development and operations of research parks that foster innovation, commercialization and economic competitiveness in a global economy through collaboration among universities, industry and government,” there are over 200 university research parks in 40 states in the U.S. The average park creates new employment of over 3,400 high-paying jobs and houses an average of 41 tenants from business incubators, to companies in all phases of development, plus education and workforce training centers, and even, economic development organizations. Can your community reap the rewards?Click to read the full story.
Monica Doss, President and CEO of the Council of Entrpreneurial Development (CED)
N-the-Spotlight: Entrepreneurs Embraced by Research Triangle Business Community.

"There is no other place in the country where twenty people go to work everyday to make sure that entrepreneurs have what they need to achieve their visions." -

After twenty-two years of guiding the success of CED, the not-for-profit organization's President and CEO, Monica Doss is still inspired by her organization's work. "We put entrepreneurs on a pedestal because we believe that when nurtured and supported, they provide the best jobs, the philanthropy and innovative ideas that make our entire community the best place to be," said Doss. "Whether it's by helping entrepreneurs make a critical connection, to giving a scientist the know-how to transform himself or herself into an entrepreneur, I am blown away by the impact that we have every day. We're here to unleash the power of innovation and entrepreneurship in order to elevate opportunities for the entire Triangle community and I am proud that CED is always pushing the envelope."

The Council for Entrepreneurial Development (CED) was founded in 1984 to identify, enable and promote high growth, high impact entrepreneurial companies and accelerate the entrepreneurial culture of the Research Triangle and North Carolina. CED achieves its mission by providing programs and services in four major areas: education, capital formation, outreach and communications.

Through these efforts, CED provides entrepreneurs with the knowledge and skills that will ensure success and heighten awareness of the contribution that entrepreneurial companies make to their community and their economy.

CED is a hybrid of a membership-based entrepreneurial support/advocacy organization and an economic development organization. CED provides assistance to individual entrepreneurs and companies but also works to develop policies and resources in The Triangle region that will enhance entrepreneurial success.

How Does the Council for Entrepreneurial Development Do It? Click here for the answers and the rest of the story.
Talent Development: Today's Ticket to Opportunity.

Thirteen U.S. regions were each recently awarded $15 million dollar investments by the Department of Labor-led Workforce Innovation in Regional Economic Development (WIRED) program. The goal of the WIRED initiative is to transform regional economies by enlisting the skills of the numerous and varied players in those economies to research and produce long-term strategic plans that prepare workers for high-skill, high-wage opportunities in the coming years and into the next decade.

Art to come
"Ninety percent of the jobs in the fastest growing sectors of our economy require post-secondary training or education," said Secretary of Labor Elaine L. Chao. "The WIRED initiative will focus on the critical role of talent development in attracting economic development and new high-skill, high-wage opportunities for these regions." More on WIRED, and which regions have been awarded the investments... Click to read the full story.
Jobs on farms, not abroad.

High-tech companies are keeping jobs in the US by setting up offices in rural areas to cut costs. By Patrik Jonsson, Staff writer of The Christian Science Monitor.

TECH SAVVY: Students in a computer class in Lebanon, Va.
LEBANON, VA. - In a crook of Clinch Valley in Lebanon, Va., there are no counterculture coffeehouses, no art museums, and the "ginger" salad dressing at the town's only Japanese restaurant is really Thousand Island.

Despite its country couture, Lebanon (pop. 3,300), once betrothed to King Coal, is on the cutting edge of a new business trend. The farmshoring phenomenon, in which high-tech companies choose to open offices in rural America as opposed to India, China, or Mexico, is coming to this mid-Appalachian plateau.Late last year, two major IT firms, CGI-AMS and Northrop-Grumman, announced they were bringing more than 700 technology jobs to Lebanon that pay around $50,000 a year. These positions are in the same class as the 112,000 IT jobs nationwide that were lost to overseas outsourcing in 2003, according to Global Insight in Boston...Click to read the full story.
Nsights from Howard
Photo of Howard Benson, CEO of NCDS

Welcome to the first edition of NCDS Nsight. Our goal for this electronic newsletter is to provide those of you on the front lines of community and economic development with news and "Nsight" from around the country that will advance your professional development, validate the important work you do in your community, and maybe even spark some new ideas and fresh thinking.

In thirty years, we have worked in over 500 communities and have been exposed to a wide range of news, trends, techniques, and community leaders – all with a common objective of advancing community economic growth and prosperity. In the course of our work, we have created many innovative approaches to funding strategic initiatives and projects. It is that spirit of innovation and the immense admiration we have for the work you do that prompted us to develop Nsight, and share interesting and noteworthy items across a broad spectrum of topical issues and trends.

We know as well as anyone that every community is different and has its own unique set of challenges and opportunities, yet every day we witness the ability of sound strategies and techniques to transcend these differences in size, location, political structure, and economic drivers. With appropriate modification and adaptation, what works in a large east coast metro can also be effective in a rural Midwest county – and vice versa. Our hope for the publication of Nsight is to explore many of these strategies and offer encouragement through evidence of their success and outcomes.

I
n future issues, I will use this column to offer my own opinions and insight on topics such as regionalism, public-private partnerships, business incubation, education, foreign investment, and more. I invite you to share your comments and, for that matter, your own insights. If you would prefer not to receive Nsight, please click on the link below to unsubscribe.

Welcome! We hope you'll find Nsight to be informative and enjoyable.


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Current NCDS Clients
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Chattanooga, TN
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Cheyenne, WY
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Bloomington, IL
Forward
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