Summary

In this episode of the Develop This Podcast, host Sean Maguire welcomes Allison Carter, the Director of Economic Development for Lowell, Massachusetts. They discuss the city's unique economic landscape, including its history, the Downtown Lowell Vacant Storefront Program, and the innovative Project Pop-Up retail incubator. Allison shares success stories from these initiatives, highlighting the community's vibrant culture, driven by a diverse population and a commitment to fostering entrepreneurship. The conversation concludes with a look at future aspirations for Lowell's economic development and the importance of maintaining a dynamic downtown environment.

Takeaways

• Lowell has a rich history that influences its current economic landscape.
• Manufacturing is allowed by right in downtown Lowell, fostering creativity.
• The city is relatively affordable compared to nearby areas such as Cambridge.
• Lowell has a significant Cambodian community that enriches its culture.
• The Downtown Lowell Vacant Storefront Program combines tax credits and forgivable loans.
• The program has successfully revitalized the downtown area post-COVID.
• Project Pop-Up allows entrepreneurs to test their business ideas with low risk.
• The incubator program has led to the opening of new businesses in Lowell.
• Community engagement is crucial for economic development success.
• Allison emphasizes the importance of turning challenges into opportunities.

Summary

In this episode of the Develop This Podcast, host Dennis engages with Jared Smith and Dr. Bo Bernhard to discuss the concept of the fun economy, its impact on economic development, and the role of artificial intelligence in shaping future trends. They explore how the fun economy, which encompasses tourism, sports, and entertainment, is becoming a significant driver of global economic growth, especially with the rise of the middle class. The conversation also delves into the challenges faced by economic developers in uncertain times and the importance of leveraging unique regional assets. Finally, they reflect on the potential of AI to enhance economic development practices while acknowledging the need for ethical considerations.

Takeaways

• The fun economy includes tourism, sports, and entertainment.
• 14% of the global economy is driven by the fun economy.
• The rise of the middle class is reshaping consumer behavior.
• Experiences contribute more to happiness than material possessions.
• Economic developers should focus on business certainty.
• AI can streamline economic development processes.
• Younger generations are more ethically aware and innovative.
• Las Vegas serves as a model for leveraging the fun economy.
• Public-private partnerships are crucial for economic growth.
• The future of economic development looks promising despite challenges.

Summary

In this episode of Develop This Podcast, Dennis Fraise interviews Brian Abernathy, General Manager of Convergent Nonprofit Solutions, discussing the importance of revenue benchmarking for Economic Development Organizations (EDOs). They explore how public-private partnerships have become best practices in funding, the methodology behind revenue benchmarking studies, and the significance of analyzing sector representation in funding sources. The conversation emphasizes the need for effective communication and long-term strategies in economic development.

Takeaways

• Convergent specializes in fundraising planning and consulting for nonprofits.
• Revenue benchmarking helps EDOs understand their funding structure.
• Public-private partnerships enhance funding opportunities for EDOs.
• Data analysis reveals unique areas of opportunity for revenue.
• Diversity in funding sources is crucial for sustainability.
• Comparative analysis helps EDOs identify gaps in funding.
• The benchmarking process takes about four to six weeks.
• Effective communication builds trust with funders over time.
• Feasibility studies validate funding opportunities for EDOs.
• Long-term strategies are essential for successful economic development.

Joi Cuartero Austin is joined by Erik Reader, Director of Illinois Main Street, and Jonathan Stone, Program Officer at Main Street America, for a lively discussion about the upcoming IEDC Rural Retreat in Great Falls, Montana.

This first-of-its-kind event by the International Economic Development Council is designed specifically for professionals working in rural and tribal communities—and the format is anything but typical. The team dives into what makes this retreat unique, including Spark Talks and immersive, on-the-ground experiences that trade PowerPoints for people-powered stories.

Together, we explore:

• What rural really means (spoiler: it’s not just a population number)
• The challenges and opportunities unique to rural economic development
• How local Main Street communities are using tools like TIF/BID/SSA, and placemaking to transform downtowns and riverfronts
• Why entrepreneurial ecosystems, creative space use, and hybrid business models are gaining traction
• How tools like the BOOMS Tracker help communities separate myth from reality and take control of revitalization

We also preview the three immersive tours led by Main Street America staff:

• Small-Town Startups with Global Spark (Conrad, MT)
• Breathing Life into Main Street (Downtown Great Falls)
• Riverfront Revival on the Missouri (West Bank Landing)

Finally, we reflect on what participants will take home from this rural retreat, the importance of building relationships across sectors, and why people—not just policies—are the real spark behind rural revitalization.

Summary

In this episode, Dennis and Mark Perna delve into the complexities of Generation Z, exploring the misconceptions surrounding their work ethic, engagement, and aspirations. They discuss the impact of technology, particularly AI, on this generation and the challenges leaders face in connecting with young people. The conversation emphasizes the need for relevance and purpose in education and employment, urging a shift in perspective to better engage and empower the youth.

Takeaways

• Gen Z is often misunderstood and labeled as lazy.
• Each generation has its unique characteristics and challenges.
• Technology is reshaping how younger generations think and work.
• Gen Z values relevance and purpose in their work.
• A significant percentage of Gen Z does not aspire to leadership roles.
• AI will play a crucial role in the future workforce.
• Young people refuse to waste their time on unfulfilling tasks.
• Leadership styles need to adapt to engage younger generations.
• There is a disconnect between older generations and Gen Z's expectations.
• Building a human connection is essential for engaging young people.

Summary

In this episode of the Develop This Podcast, Dennis Fraise interviews Tiffany Tauscheck, the president and CEO of the Greater Des Moines Partnership. They discuss the organization's role in economic and community development across 12 counties in Iowa, highlighting the importance of collaboration among diverse stakeholders. Tiffany shares insights into the current economic climate, key industries driving growth, and the challenges and opportunities faced by the partnership. The conversation also touches on the significance of engaging rural communities, the power of regional collaboration, and Tiffany's leadership style.

Takeaways

• The Greater Des Moines Partnership focuses on economic and community development.
• Collaboration across jurisdictions is key to success.
• The region has seen significant growth in economic development projects.
• Key industries include finance, manufacturing, and agriculture.
• Engaging rural communities is essential for regional cohesion.
• Listening tours helped identify community needs and foster relationships.
• The ICON Water Trails Project exemplifies successful regional collaboration.
• Talent recruitment and retention are ongoing priorities.
• The organization is committed to pro-growth strategies.
• Strong leadership and team dynamics are crucial for achieving goals.

Summary

In this episode of the Develop This Podcast, Dennis Fraise interviews Ron Cole, PhD, the President of Allegheny College. They discuss the unique aspects of Allegheny College's liberal arts education, the importance of adapting to workforce needs, and the college's initiatives to engage with the local community and industry. Ron shares insights on the relevance of education in today's economy, the establishment of micro credentials, and the collaborative efforts with local businesses to enhance economic development in Meadville, Pennsylvania. The conversation highlights the significance of community partnerships and the role of higher education in fostering a thriving local economy.

Takeaways

• Allegheny College offers a distinctive curriculum with major and minor combinations.
• Liberal arts education equips students with problem-solving and communication skills.
• Micro credentials are integrated into the curriculum to enhance employability.
• Industry partnerships are essential for aligning education with workforce needs.
• Community engagement is a priority for Allegheny College.
• The Allegheny Lab for Innovation and Creativity supports local economic development.
• Building relationships with local businesses is crucial for success.
• The Community Impact Hub connects students with real-world challenges.
• The Meadville Community Revitalization Corporation aims to enhance the local downtown area.
• Listening to community needs is key to effective collaboration.

In this episode of the Develop This Podcast, Dennis Fraise interviews Steve Stroud, the president and CEO of Roswell Inc., about the economic landscape of Roswell, Georgia, and the importance of strategic economic development. Steve shares insights into the city's growth. Steve also explains the role of the Whova app in enhancing networking at conferences and offers advice for maximizing conference experiences. The conversation highlights the significance of being present and engaged in both economic development and networking opportunities.

Takeaways

• Roswell is a key economic driver in Fulton County.
• The city has a significant concentration of car sales.
• Healthcare is the leading industry in Roswell.
• Strategic targeting is essential for economic development.
• The Whova app enhances networking at conferences.
• Engagement in the app can lead to valuable connections.
• Being present at conferences is crucial for success.
• Networking should be purposeful and focused.
• First-time attendees should have clear objectives.
• Competition in networking can motivate engagement.

https://us02web.zoom.us/webinar/register/WN_SJIh_j5kRgqpj7DUfwZMjw   

Episode Summary: In this Develop This! episode, Joi Cuartero Austin is joined by Erik Reader, Director of Illinois Main Street, to reflect on the 2025 Main Street Now Conference in Philadelphia—and explore how communities can spark connection and belonging with visitors.

From bike rides through vibrant neighborhoods to high-energy welcomes from Philadelphia Mayor Cherelle Parker and Pennsylvania Governor Josh Shapiro, this year’s conference was more than just workshops—it was a fully immersive experience. Joi and Erik dive into how the conference format continues to evolve to inspire, connect, and equip economic development leaders.

But beyond the conference buzz, the conversation turns to a bigger idea: What does it take for someone to fall in love with a place? Borrowing a tourism favorite—"the first date" analogy—the duo explores how a community’s vibe, downtown experience, and sense of hospitality can move someone from visitor to investor, new resident, or lifelong champion.

Key Topics Covered:

• Highlights from Main Street Now 2025 in Philly
• Why Philadelphia felt like a “meet-cute” for many attendees
• How tourism can be the first step toward economic investment and relocation
• What makes downtowns powerful catalysts for community connection
• Practical strategies to make visitors feel welcomed and want to come back
• The role of hospitality, local partnerships, and intentional follow-up
• Building long-term relationships: from first impression to belonging

"Those who visit first are more likely to return, invest, or even call your community home—so roll out the red carpet."

 https://us02web.zoom.us/webinar/register/WN_SJIh_j5kRgqpj7DUfwZMjw

Summary

In this episode of Develop This, Dennis Fraise speaks with Tom Manskey, the Director of Economic Development for the Odessa Development Corporation. They discuss the unique economic landscape of Odessa, Texas, especially its reliance on the oil and gas industry, the importance of diversifying the economy, and the emerging focus on green energy initiatives. Tom shares insights into the growth of the healthcare and education sectors, the community's quality of life, and the challenges and opportunities presented by the current economic conditions. The conversation highlights Odessa's potential for future growth and development.

Takeaways

• Odessa is a significant player in the oil and gas industry, contributing 40% of the U.S. output.
• Economic diversification is crucial for Odessa's long-term sustainability.
• The Permian Basin has a rich history and a promising future in energy production.
• Green energy initiatives are gaining traction in Texas, complementing traditional energy sources.
• A major direct air carbon capture facility is being developed in Odessa.
• The healthcare and education sectors are growing rapidly in the region.
• Quality of life improvements are essential for attracting new residents and businesses.
• Workforce development is a priority to meet the needs of local employers.
• Odessa's community spirit and work ethic are key assets for economic development.
• The future of Odessa looks bright with ongoing projects and investments.