Econ Dev Show Podcast - Economic Development

In this episode of the Econ Dev Show, host Dane Carlson sits down with Jennifer Olson, Director of Business Development for the city of Marion, Illinois, discussing the impact of her podcast "Small Town, Big Business" and delving into the economic development and revitalization efforts in her town. They discuss the challenges and rewards of running a successful podcast, the importance of small businesses in rural communities, and the significance of tourism in Marion. The episode begins with an insightful discussion about the "Small Town, Big Business" podcast, co-hosted by Jennifer Olson. Exploring the triumphs and tribulations of small businesses in rural areas, the podcast serves as a platform to inspire others towards entrepreneurship. Jennifer talks about the importance of consistency in releasing episodes, the impact of the podcast's storytelling on weaving deeper connections between local businesses and the community, and the often underestimated potency of mentorship in entrepreneurial success. Diving deeper, Dane and Jennifer touch on Marion's strategic position as a hub for industries like manufacturing, distribution, healthcare, and retail. Notwithstanding its relatively small population, Marion sees its size nearly doubled every day due to incoming commuters. With an upcoming jet service connecting the city to Chicago's O'Hare International Airport, they articulate on the fresh wave of opportunities this development would bring. The dialogue then traverses to the extensive tourism potential of Marion, its resilient history symbolically termed "Little Eygpt," and the enduring relevance of attractions like the Shawnee National Forest and a developed wine trail. Like this show? Please leave us a review here — even one sentence helps! Special Guest: Jennifer Olson.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Jennifer Olson | LinkedInMarion, Illinois – LIVE • WORK • PLAY • GROWSmall Town Big Business - YouTubeSmall Town Big Business | a podcast by EThOs at The CitadelMarion IL Chamber of CommerceTourism Guide Marion IL | Tour & Trip Planner, Outdoor Resource Center - VisitSiHome | Southern Illinois Now

In this riveting episode of the Econ Dev Show Podcast, host Dane Carlson chats with Courtney Zaugg, an industry expert in entrepreneurship and economic development. The two kick off their conversation with an exploration into the unique mindset of entrepreneurship, particularly the necessity of adaptability and the acceptance of failure. As they delve further, the discussion uncovers the limitations and inaccessibility of traditional venture capital for the majority of startups. Courtney offers insightful solutions, emphasizing the role of local banks and Community Development Financial Institutions (CDFIs) in helping startups become bankable. The conversation also takes a turn towards economic development, where Courtney expresses optimism about the industry's evolution and advocates for systemic change, particularly in distressed and rural communities. She further discusses potential partnerships between philanthropy, economic development, and entrepreneurship, introducing 'impact funds' as an innovative funding vehicle. Courtney insists on the importance of creating a well-structured entrepreneurial ecosystem and suggests practical steps communities can take to foster this development. The episode concludes with a discussion on the evolving landscape of higher education, and a reflection on Courtney's journey in pushing for systemic change. Like this show? Please leave us a review here — even one sentence helps! Special Guest: Courtney Zaugg.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Courtney Zaugg, CEcD, EDP | LinkedInCourtney Zaugg, Founder to Founder - YouTubeAmbassador Profile: Courtney Zaugg - YouTubeDesigning Your Own Life with Courtney Zaugg - YouTubeBreaking Down Barriers: Courtney Zaugg - Breaking Down BarriersThe Pitchwerks Podcast: Pitchwerks #137 - Courtney Zaugg | PlakaNEXT Studios - We are accelerators of innovation and entrepreneurship.Economic Development and Entrepreneurship | Plaka + Associates | United States

In this episode, Dane Carlson interviews Cameron Law, the executive director of the Carlsen Center for Innovation and Entrepreneurship in Sacramento. Cameron delves into the center's mission to support entrepreneurs and drive economic development in the region. He provides valuable insights into the various industries thriving in Sacramento, including food and agriculture, life sciences, and clean technology. As a regional resource, the Carlsen Center offers programs, workshops, and mentorship opportunities for aspiring entrepreneurs. Cameron discusses his day-to-day activities, which involve one-on-one consulting, partnership building, and running cohort programs. He shares his personal journey and the deep-rooted passion he has for making Sacramento a premier hub for innovation and entrepreneurship. The concept of "Topophilia" or love of place is explored is also explored, emphasizing the intentional building of businesses and creating opportunities within the community. Listeners gain access to valuable resources such as recommended books, organizations, and certifications related to entrepreneurship and ecosystem building. Cameron encourages engagement and offers his support to those interested in connecting and driving entrepreneurship in their own communities. Takeaways: Love of place, or "Topophilia," is a powerful driver for entrepreneurs who choose to build businesses in their communities. Sacramento is experiencing growth in industries such as food and agriculture, life sciences, and clean technology. The Carlsen Center for Innovation and Entrepreneurship serves as a regional resource, supporting entrepreneurs through programs, workshops, and mentorship. Cameron Law emphasizes the importance of intentional community building and creating opportunities within the region. *Like this show? Please leave us a review here — even one sentence helps! *Special Guest: Cameron Law.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Cameron R. Law | LinkedInThe Carlsen Center for Innovation & Entrepreneurship | Sacramento StateStart with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek

Join Dane as he dives deep into the intricacies of the Jones Act with guest Colin Grabow, a research fellow at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies. In this episode, we discuss the requirements and implications of the Jones Act, and how it affects the cost and efficiency of shipping within the United States. Colin provides an in-depth analysis of the Act's effects on economic development, with a particular focus on its impacts on the coastal regions of Texas. We also explore potential paths forward and solutions to mitigate the negative effects of the Act on the domestic economy. Like this show? Please leave us a review here — even one sentence helps! Special Guest: Colin Grabow.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Colin Grabow | Cato InstituteColin Grabow (@cpgrabow) / TwitterColin Grabow | LinkedInFed up with High Gas Prices and Slow Amazon Deliveries? Blame These 2 Century-Old Laws That Need to Be Repealed. | Cato Institute — To avoid higher costs, many companies are forced to turn to imports.Against the Jones Act - Truth on the Market Truth on the MarketProtectionism and the Development of the U.S. Maritime Industry | The Regulatory Review — U.S. maritime protectionism fails policy and economic goals. Adam Smith Would Oppose the Jones Act | Cato Institute — U.S maritime policy, both for the country’s economic prosperity and national security, is crying out for a dramatic overhaul. The Jones Act: A Burden America Can No Longer Bear | Cato Institute — How an archaic, burdensome law has been able to withstand scrutiny and persist for almost a century. Rust Buckets: How the Jones Act Undermines U.S. Shipbuilding and National Security | Cato Institute — Policymakers must consider either major reform of the law or outright repeal.Amazon.com: The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability by William W. Lewis

In today's episode of the Econ Dev Show Podcast, Dane unpacks the dynamic puzzle of industrial growth and community development in the charming realm of Franklin, Virginia, known for its beautiful blend of agricultural roots and emerging industries. It's an intriguing tale that unfolds with our esteemed guest, Karl Heck, a man who knows a thing or two about economic development since he's the President and CEO of the Franklin Southampton Economic Development. And surprise - Karl is also quite fond of chess! So, legions of listeners, prepare yourselves for a journey where economic strategies might just be delivered with a side of knight-to-e5 checkmate. Here's a spoiler - it's more fun than getting cornered by your own bishop in a chess game! Like this show? Please leave us a review here — even one sentence helps! Special Guest: Karl Heck.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Karl Heck | LinkedInDepartment of Economic Development for Franklin Southampton County | Franklin Southampton Economic Development, Inc.The Nine Nations of North America: Garreau, Joel: 9780380578856: Amazon.com: Books

In this episode, Dane sparks an engaging conversation with Lina Rugova, the founder, and president of Emerge and Rise, a nonprofit business incubator in San Antonio, Texas. Lina provides an insider's look into the role and importance of business incubators for budding entrepreneurs and the support she provides to startups to not just survive, but thrive. Following a compelling discussion on the incubator's unique approach to promoting entrepreneurship, the episode also explores the challenges that new entrepreneurs face while stepping into the business world, the dire need for partnerships and collaboration within cities, and the heartwarming success stories of Lina's program. Like this show? Please leave us a review here — even one sentence helps! Special Guest: Lina Rugova.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Lina G. Rugova, M.M. | LinkedInEmerge and Rise - Business Incubator of San AntonioUndercover Billionaire | DiscoveryThe 15 Invaluable Laws of Growth: Live Them and Reach Your Potential eBook : Maxwell, John C.: Kindle StoreSmall Business AdministrationSCOREThe DEC Network

In this episode of the Econ Dev Show, Dane Carlson discusses the book "From Relevant to Essential: Five Key Insights for Chambers of Commerce" by Casey Steinbach. It addresses the tension between serving individual businesses (the "me" members) and focusing on supporting the community as a whole (the "we" members). Carlson appreciates how the author recognizes that there are different types of members in a chamber of commerce: those who join for direct benefits and those who support the community's overall development. He appreciates Steinbach's call for a more community-oriented focus among chambers, as well as her insight into the conflicts that arise from trying to provide services to both types of members. He highly recommends the book for individuals who work within chambers of commerce or who seek to understand their evolving roles and challenges. Like this show? Please leave us a review here — even one sentence helps!Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Amazon.com: From Relevant to Essential: Five Key Insights for Chambers of Commerce eBook : Steinbacher, Casey: Kindle StoreCasey Steinbacher | LinkedInFinding Next

In this episode of the Econ Dev Show, host Dane Carlson shares his experiences using the AI tool ChatGPT for economic development tasks. Built for interacting with OpenAI's models, the chatbot's capacity to understand and generate human-like text has made it a radically transformative tool. Dane talks about various applications for AI technology in economic development and compares it to other automation tools often used in economic development offices. Dane discusses how ChatGPT can be harnessed for a range of tasks, including blog post generation, social media marketing, writing emails, summarizing texts in different styles, and analysis tasks, all without requiring any programming skills. Additionally, Dane has created numerous videos on AI-based workflows designed to support professionals in economic development. To access them, join Econ Dev Pro. Like this show? Please leave us a review here — even one sentence helps! Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:OpenAIChatGPTHow to Write a Blog Post with ChatGPTHow to Analyze Legalese with Chat GPTAI in Economic Development - Econ Dev ShowADVANCED - Clone of ChatGPT, uses official model, Bing, PaLM 2, reverse-engineered UI, with AI model switching, message search, ChatGPT Plugins, Multi-User System, & Prompt Templates (WIP) — The tool that Dane uses to access ChatGPT

In this episode, Dane has an in-depth conversation with Jose Alfaro, CEO of CO.STARTERS, a dynamic entrepreneurial accelerator program designed to equip creative entrepreneurs with the necessary skills and support to turn their passion into a profitable business. Jose shared the inspiring journey of CO.STARTERS, from its beginnings in Chattanooga, Tennessee, inspired by a desire to revitalize the city and attract major corporations like Volkswagen, to its current global reach spanning over 210 cities across 24 states and multiple countries. The program, which started under a non-profit initiative, went private in 2016, broadening its horizons and allowing it to have a significant impact on a global scale. Throughout the episode, Jose emphasized the unique approach of the CO.STARTERS program. Instead of adopting a traditional teaching methodology, CO.STARTERS is built around facilitation, with the program directors guiding participants towards their customers to validate their business ideas. This innovative approach has resulted in not only robust business formation but also organic collaborations and mergers among the participants. Key to the CO.STARTERS model is their focus on building community. Participants are grouped into cohorts of 10 to 16 people, fostering an environment of peer-to-peer learning, collaboration, and cooperation. Jose shared fascinating anecdotes of how this peer interaction has led to the formation of successful businesses and collaborations. The conversation also delved into the curriculum of the program, which has been designed to simplify complex business concepts and make them accessible to creative entrepreneurs who might not have a traditional business background. Beyond the curriculum, the program also serves as a front door to the entrepreneurial ecosystem, connecting graduates to a variety of resources, from the SBA to different accelerators and pitch competitions. Jose Alfaro's passion for supporting creative entrepreneurs was evident throughout the conversation. If you're interested in the intersection of creativity and entrepreneurship, or if you're a part of a community that could benefit from a program like CO.STARTERS, this episode is not to be missed. Like this show? Please leave us a review here — even one sentence helps! Special Guest: Jose Alfaro.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Jose Alfaro | LinkedInCO.STARTERS | Help Entrepreneurs Build Thriving BusinessesWhy Main Street Businesses Fail—and How to Save Them | CO.STARTERSThe CO.STARTERS® StoryCO.STARTERS WebinarCO.STARTERS VideosCulture Making: Recovering Our Creative Calling by Andy Crouch

In this Econ Dev Show podcast episode, Dane Carlson interviews Alia Abbas, former Economic Development Officer for the City of Toronto, who shares her insights on business continuity, the importance of small businesses in community development, and the concept of "employment lands" in Canada. Alia emphasizes the crucial role of small and family-owned businesses as advocates and champions for their communities, and the growing trend towards sustainability and greener economies in economic development. Like this show? Please leave us a review here — even one sentence helps! Special Guest: Alia Abbas.Sponsored By:KathodeRay Media, Inc.:  [KathodeRay](https://kathoderay.com) is a full-service marketing agency that connects government organizations to their community. This small (but mighty) woman owned and operated marketing agency can help your community thrive. They use tried and true methods that will connect your organization to your residents using social, digital and traditional media. [https://kathoderay.com](https://kathoderay.com)Links:Alia Abbas, MA, BREC | LinkedInAlia ConsultingPreparing for Megaprojects in Economic Development: FDI Alliance International MagazineBIDs Can Be Opportunities for Foreign Trade and FDI | ED Now FeatureA Manual for Developing an Economic Recovery Plan & Task Force for Investment Attraction: Rural EDOs (R-EDO) EditionAlia Consulting - Economic Development Firm | LinkedIn — Alia ConsultingWho's Your City?: How the Creative Economy Is Making Where to Live the Most Important Decision of Your Life by Richard Florida