by Janet Ady | Oct 19, 2020 | Economic Development
Business retention and expansion (BRE) has never been more critical. One of the first things economic development organizations (EDO) did when COVID-19 hit was reach out to their existing businesses. This was the most direct and efficient way to understand the...
by Janet Ady | Aug 17, 2020 | Economic Development
Over the past several months, Ady Advantage has been tracking and interpreting reams of data that provide clues as to what’s next for economic development. We recently developed a white paper summarizing the top impacts from COVID-19 and the implications for Economic...
by Janet Ady | Apr 22, 2020 | Economic Development
As economic developers start to pivot from the triage work of reaching out to existing businesses and connecting them with business resources, the big question is, “What should we focus on now to most favorably position our community for the future?” None of us...
by Janet Ady | Mar 24, 2020 | Economic Development
I’ve never been in a tsunami, but that is what this coronavirus situation feels like: the initial event has happened, and the ripple effects are just beginning to play out. Many of our clients and colleagues have been asking us what we think the impact of this...
by Janet Ady | Mar 16, 2020 | Economic Development, Site Selection
Over the course of the past year, more than one economic developer has pulled me aside to make a confession: they’re no longer actively recruiting businesses. Instead, they are placing their bets on business retention and expansion (BRE). The main reason is that...
