Develop This: Economic and Community Development

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Explore topics related to transformational community leadership including economic development, non-profit engagement, organizational management, and policy development. It's a candid conversation with veterans of the economic development profession along with inspiring interviews of today's though…

Develop This! Podcast


    • Sep 2, 2026 LATEST EPISODE
    • weekdays NEW EPISODES
    • 26m AVG DURATION
    • 483 EPISODES


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    Latest episodes from Develop This: Economic and Community Development

    DT #678 Why Authentic Branding Matters in Economic Development

    Play Episode Listen Later Sep 2, 2026 37:29


    What role does marketing play in shaping a region's economic future? In this episode of Develop This!, Dennis Fraise speaks with Jennifer Wakefield about her unique path into economic development and how her background in communications and marketing has influenced her approach to regional growth and leadership. Jennifer shares how authentic branding, strategic messaging, and stakeholder engagement have become essential tools for attracting investment and strengthening regional identity. She explains why communities that clearly communicate who they are—and what makes them unique—are better positioned to compete in today's economy. A major focus of the conversation is the evolving role of economic development organizations and the importance of aligning long-term strategy with day-to-day execution. Jennifer discusses organizational transformation, leadership, and the challenge of balancing immediate opportunities with future goals. The discussion also explores how emerging trends such as AI, digital transformation, and data center investment are reshaping regional economies and creating new opportunities for growth. Throughout the episode, Jennifer highlights the importance of adaptability, collaboration, and authenticity in both leadership and community branding. Key Takeaways Authentic branding strengthens regional competitiveness Marketing is a core function of modern economic development Strong stakeholder engagement supports long-term success Leaders must balance strategic priorities with daily execution AI and data centers are influencing regional growth strategies Adaptability and communication are essential leadership skills Clear regional identity helps communities stand out in a crowded market Key Topics Covered Jennifer Wakefield's journey into economic development Communications and marketing as economic development tools Regional branding and stakeholder engagement Organizational transformation and leadership AI, data centers, and digital growth trends Balancing short-term opportunities with long-term strategy Sound Bites "Land in economic development like a Monopoly game." "Two days are always different in economic development." "Authenticity is critically important in branding."

    DT #679 Demystifying the Fed: Economics, Financial Literacy, and Community Impact

    Play Episode Listen Later Sep 2, 2026 30:49


    What does the Federal Reserve actually do—and why should local communities care? In this episode of Develop This!, Dennis Fraise speaks with Seema Sheth, Senior Vice President of the Louisville Branch of the Federal Reserve Bank of St. Louis, to demystify the Federal Reserve and explore its role in shaping the U.S. economy. Seema explains how the Federal Reserve System operates, the unique role regional Reserve Banks play in monetary policy, and why local economic insights are essential to national decision-making. She also addresses some of the most common misconceptions about the Fed and its independence from politics. A major focus of the conversation is the Beige Book, a key report that gathers real-world input from businesses and communities across the country to help inform economic policy. Seema discusses how these local perspectives influence the Fed's understanding of economic conditions beyond traditional data. The discussion also highlights the importance of financial literacy. From understanding debt to making informed financial decisions, Seema shares why economic education is valuable for everyone—not just economists or financial professionals. Throughout the episode, Seema reflects on her own career journey and emphasizes the importance of curiosity, communication, and making economics more accessible to the public. A key takeaway? Understanding how the economy works empowers individuals, businesses, and communities to make better decisions for the future. Key Takeaways Regional Federal Reserve Banks provide critical local economic insights The Beige Book helps shape national monetary policy through community feedback Financial literacy is an essential life skill for people of all ages The Federal Reserve operates independently to support long-term economic stability Understanding economics helps individuals and communities make informed decisions Local perspectives play a vital role in national economic policy Key Topics Covered Structure of the Federal Reserve System Common misconceptions about the Fed Regional economic representation and the Beige Book Financial literacy and economic education Fed independence and monetary policy Seema Seth's career journey and leadership Sound Bites "We're on your side—that's what I wish people knew." "The Fed likes to take the punch bowl away as soon as the party gets good." "Economics is for everyone, not just economists."

    DT #680 Inside America's Largest Data Center Project With New York Times Reporter Eli Tan

    Play Episode Listen Later Sep 2, 2026 28:17


    What happens when a massive data center project moves forward at unprecedented speed? In this episode of Develop This!, Dennis Fraise sits down with Eli Tan, New York Times reporter, to explore the scale, speed, and controversy surrounding Meta's massive data center project in Louisiana. Eli discusses how quickly the project moved from site selection to construction, why Louisiana was chosen, and the role of secrecy and NDAs in the development process. The conversation also examines community reactions, economic benefits, environmental concerns, and the growing tension between attracting major investments and maintaining public trust. As data centers continue expanding across the country, Eli explains the key issues communities are weighing and what this project could mean for the future of economic development. Key Takeaways Data centers are being developed at unprecedented scale and speed. Secrecy and NDAs can create challenges for community trust. Major projects bring both economic opportunities and community concerns. Transparency and public engagement are increasingly important. Louisiana's experience offers lessons for communities considering future data center projects. Key Topics Covered Meta's Louisiana data center Site selection and project speed NDAs and economic development secrecy Community reactions and public trust Economic and environmental impacts The future of data center development Sound Bites "It looks like a scene from Star Wars." "Louisiana built this project behind closed doors." "People care about five main issues with data centers."

    DT #676 Why Lifelong Learning Matters in Economic Development

    Play Episode Listen Later Aug 26, 2026 34:35


    What happens when an unconventional career path leads to economic development? In this episode of Develop This!, Dennis Fraise speaks with Brian Fleming about his journey from code enforcement and cybersecurity into the world of economic development—and the unique perspective that transition has given him. Brian shares how collaboration, continuous learning, and a willingness to embrace new challenges helped shape his career. Along the way, he offers practical insights on building confidence, overcoming imposter syndrome, and developing strong professional networks. A major focus of the conversation is neurodiversity in the workplace. Brian discusses how understanding individual strengths, creating effective workarounds, and fostering inclusive environments can help organizations unlock talent and improve performance. The discussion also explores the growing role of AI and technology in economic development. From improving communication to streamlining workflows, Brian highlights how professionals can use emerging tools while continuing to rely on critical thinking and human judgment. A key takeaway? Success in economic development is built on curiosity, adaptability, and a commitment to lifelong learning. Key Takeaways Diverse career experiences can create valuable perspectives in economic development Collaboration and mentorship are essential for professional growth Neurodiversity brings unique strengths and opportunities to the workplace AI can improve efficiency and communication when used strategically Continuous learning helps professionals adapt to change Building confidence often comes from taking on new challenges Key Topics Covered Brian's journey into economic development Collaboration and professional networking Neurodiversity in the workplace AI and emerging technology trends Lifelong learning and personal growth Building confidence and overcoming challenges Sound Bites "I once planned to be a professional mime." "Fear is self-imposed; I chose this career." "Use AI to check for grammatical errors."

    DT #675 How Surprise, Arizona Became a Retail and Growth Success Story

    Play Episode Listen Later Aug 26, 2026 38:32


    What happens when creativity, community engagement, and data-driven strategy come together in economic development? In this episode of Develop This!, Dennis Fraise speaks with Jeanine Jerkovic, Economic Development Director for Surprise, Arizona, about the city's rapid growth and the innovative approaches helping shape its future. Jeanine shares how Surprise has successfully attracted major retail investments, including projects like Costco and The Village at Prasada, while maintaining a strong focus on community needs and quality of life. A major theme throughout the conversation is the importance of listening. Jeanine explains how engaging residents, understanding local priorities, and incorporating community feedback have helped guide development decisions and build public trust. The discussion also highlights the role of creativity in economic development. From unique marketing efforts to unconventional outreach strategies, Jeanine demonstrates how personality and innovation can help communities stand out in a competitive landscape. Entrepreneurship is another key focus, with insights into how business incubation, small business support, and ecosystem development are contributing to long-term economic growth. Key Takeaways Community engagement is essential for sustainable growth Data and analytics help guide better development decisions Creativity can be a powerful economic development tool Retail attraction requires long-term strategy and persistence Entrepreneurship strengthens local economic resilience Balancing growth with community priorities builds trust and support A people-first approach creates stronger outcomes for residents and businesses Key Topics Covered Retail attraction and major development wins Creative marketing and economic development strategies Community engagement and public input Data-driven decision-making Entrepreneurship and business incubation Managing growth while preserving community priorities Leadership and professional development Sound Bites "Surprise, Arizona—the name says it all." "Adding thousands of homes every year." "17 retailers opened over 10 years."

    DT #677 Inside America's Largest Data Center Project With Rob Cleveland

    Play Episode Listen Later Aug 26, 2026 43:51


    What happens when a $50 billion data center investment comes to a rural region? In this episode of Develop This!, Dennis Fraise sits down with Rob Cleveland to explore the economic and community impact of Meta's massive data center project in northeast Louisiana. Rob discusses how the project is creating jobs, expanding infrastructure, supporting local businesses, and creating new opportunities throughout the region. He also explains the site selection process and how communities can prepare to attract transformative investments. The conversation also addresses common concerns and misconceptions surrounding data centers, including their impact on communities and the broader economy. Key Takeaways Data centers can drive significant regional investment and job creation. Infrastructure readiness is critical to attracting major projects. Local businesses can benefit from large-scale development. Community engagement is essential when addressing concerns about data centers. Transformative projects can create economic benefits far beyond the project site. Key Topics Covered Meta's $50 billion investment Data centers and economic development Site selection and infrastructure Job creation and local business opportunities Community impact and public perception Sound Bites "The numbers are staggering." "This is the greatest project I've ever worked on." "Nearly everybody in the region will be making more money."  

    DT #673 Navigating Uncertainty in Site Selection and Facility Investment

    Play Episode Listen Later Aug 19, 2026 29:19


    What does the future hold for facility investment in an increasingly uncertain economy? In this episode of Develop This!, Dennis Fraise speaks with Jerry Szatan, a veteran site selection consultant with more than 35 years of experience, about the challenges and opportunities shaping investment decisions today. Jerry shares why many companies are taking a more cautious approach to expansion, navigating economic uncertainty, shifting market conditions, and evolving business priorities before committing to major projects. A major focus of the conversation is artificial intelligence and its growing role in site selection. While AI is helping companies analyze data faster than ever, Jerry emphasizes that technology is only as effective as the questions being asked—and that experience, judgment, and relationships remain critical components of decision-making. The discussion also explores the importance of community readiness. From infrastructure and site preparedness to workforce capacity and long-term planning, communities must be ready to move quickly when opportunities emerge. Throughout the episode, Jerry offers practical insights on how economic developers can position their communities for success despite an uncertain investment climate. A key takeaway? While technology and market conditions continue to evolve, strong relationships, solid infrastructure, and strategic preparation remain the foundations of successful economic development. Key Takeaways Economic uncertainty is causing companies to delay major investment decisions AI is accelerating analysis but cannot replace experience and judgment Relationships remain a critical factor in site selection decisions Community readiness is essential for attracting new projects Infrastructure and workforce capacity continue to drive competitiveness Strategic preparation helps communities capitalize on future opportunities Key Topics Covered The impact of AI on site selection Market uncertainty and investment delays Community readiness and infrastructure planning Corporate decision-making in uncertain times Workforce and investment competitiveness Future trends in economic development Sound Bites "AI is only as good as the questions you ask." "Relationships will not be replaced by AI." "Pledges are not shovels on the ground."  

    DT #674 From Shipping to Economic Development: Bill Cronin's Leadership Journey

    Play Episode Listen Later Aug 19, 2026 36:03


    What does it take to manage rapid growth while preserving the character of a community? In this episode of Develop This!, Dennis Fraise speaks with Bill Cronin about his unique career journey from international shipping to economic development and the strategies driving growth in Pasco County, Florida. Bill reflects on how economic development has evolved over the years, shifting from traditional business attraction efforts to a more comprehensive focus on workforce development, community engagement, quality of life, and long-term sustainability. A major focus of the conversation is Pasco County's rapid growth and how local leaders are working to balance new opportunities with the needs of long-time residents. Bill emphasizes the importance of smart growth, regional collaboration, and thoughtful planning to ensure communities remain attractive places to live and work. The discussion also explores the county's efforts to diversify its economy through industries such as food processing, life sciences, aerospace, and advanced manufacturing, while preparing for emerging opportunities tied to AI and data centers. Throughout the episode, Bill shares leadership lessons learned from decades of experience, highlighting the importance of civic engagement, community service, and maintaining a clear vision for the future. A key takeaway? Successful economic development requires balancing growth with community values while preparing for the industries and technologies that will shape tomorrow's economy. Key Takeaways Economic development has evolved beyond traditional business attraction Smart growth requires balancing new development with community needs Industry diversification strengthens long-term economic resilience Regional collaboration creates greater opportunities for growth AI and data centers are reshaping future development strategies Community engagement remains essential for sustainable success Strong leadership is rooted in service, vision, and adaptability Key Topics Covered Bill Cronin's career journey into economic development The evolution of economic development strategies Pasco County's rapid growth and regional collaboration Industry diversification and targeted sectors AI, data centers, and emerging opportunities Community engagement and leadership development Future skills for economic development professionals Sound Bites "Very few of us actually did this on purpose." "Balance legacy residents with smart growth." "AI can do in seconds what used to take years."

    DT #671 Why Does Everyone Hate Data Centers? A Balanced Look at the Debate

    Play Episode Listen Later Aug 12, 2026 28:07


    Why are data centers generating so much debate in communities across the country? In this episode of Develop This!, Dennis Fraise sits down with Dan Culhane to kick off a brand-new series exploring one of the most controversial topics in economic development: Why Does Everyone Hate Data Centers? Rather than taking sides, Dan encourages communities to ask better questions before making decisions. He explains why the conversation shouldn't simply be about saying "yes" or "no" to data centers, but about understanding their long-term impacts, evaluating tradeoffs, and ensuring projects create meaningful value for local residents. The discussion explores the economic opportunities data centers can bring, particularly for rural communities, through increased property tax revenue, infrastructure investment, and long-term community partnerships. Dan also addresses many of the concerns surrounding these projects—including electricity demand, water consumption, noise, environmental impacts, and sustainability—and explains how advances in technology and thoughtful planning are helping address many of these challenges. Throughout the conversation, Dan emphasizes the importance of transparency, responsible corporate citizenship, and constructive dialogue between developers, local officials, and community members. Communities that ask informed questions and negotiate from a position of knowledge are better equipped to secure projects that align with their long-term vision. Develop This! is launching a special series titled "Why Does Everyone Hate Data Centers?" featuring perspectives from across the conversation—including developers, community leaders, policymakers, utilities, and economic development professionals. If you'd like to be part of this important discussion as a guest on Develop This!, we'd love to connect with you. A key takeaway? The best community decisions don't come from fear or hype—they come from asking the right questions and focusing on long-term community value. Key Takeaways Communities should evaluate data center projects based on long-term community benefits. Data centers can provide significant tax revenue and investment, especially in rural areas. Modern data centers are becoming more efficient in their use of water and energy. Concerns around noise, infrastructure, and sustainability can often be addressed through thoughtful planning. Strong corporate citizenship and community engagement are essential for successful projects. Better questions lead to better decisions for communities and developers alike. Key Topics Covered Why data centers have become a controversial issue Evaluating community benefits and tradeoffs Economic impacts for rural communities Water, power, noise, and sustainability considerations Infrastructure planning and responsible development Building trust through corporate citizenship and transparency Sound Bites "Ask better questions, not just yes or no." "Data centers can be a huge opportunity for rural America." "Good corporate citizenship is part of community success."

    DT #672 Inside the 2026 IEDC Annual Conference: What to Expect in New Orleans

    Play Episode Listen Later Aug 12, 2026 26:39


    What can attendees expect from the 2026 IEDC Annual Conference in New Orleans? In this episode of Develop This!, Dennis Fraise sits down with Nathan Ohle, President and CEO of the International Economic Development Council (IEDC), for an exclusive preview of the 2026 IEDC Annual Conference in New Orleans. As IEDC celebrates 100 years of economic development, Nathan shares how this milestone event will honor the profession's rich history while focusing on the innovations shaping its future. The conversation explores why New Orleans was selected to host the centennial conference and how the city's resilience, culture, and economic transformation make it the perfect backdrop for this historic gathering. Nathan also provides a behind-the-scenes look at new conference experiences, including town halls, community tours, networking opportunities, and interactive sessions designed to help attendees build lasting connections. A major focus of the conference is preparing economic developers for the future. Nathan discusses emerging topics such as artificial intelligence, system integration, workforce development, housing, and placemaking, explaining how these issues are reshaping communities around the world. He also offers practical advice for first-time attendees on maximizing networking opportunities, navigating the conference, and getting the most value from the experience. Whether you're a seasoned economic developer or attending your first IEDC conference, this episode offers a roadmap for making the most of one of the profession's most significant events. A key takeaway? The best conference experience isn't just about the sessions you attend—it's about the connections you make and the ideas you bring back to your community. Key Takeaways The 2026 IEDC Annual Conference celebrates 100 years of economic development. New Orleans provides a powerful backdrop of resilience, culture, and innovation. AI, placemaking, housing, and workforce development are among the conference's major themes. New interactive formats and community tours will create deeper learning experiences. Networking is one of the most valuable aspects of the conference. Planning ahead and engaging early helps attendees maximize their conference experience. Key Topics Covered Celebrating IEDC's 100th anniversary Why New Orleans was selected as the host city AI, system integration, housing, and workforce trends Placemaking and cultural economy Conference networking strategies Behind-the-scenes tours and special conference experiences Sound Bites "Best networking device is what you put in." "The way we get to the centennial celebration will be unlike anything before." "Show up at the first reception in the exhibit hall."  

    DT #668 AI Literacy: Small Business Capacity and the Return of Human Experience

    Play Episode Listen Later Aug 5, 2026 30:32


    Artificial intelligence is no longer just a big tech conversation. For small businesses, microbusinesses, makers, solopreneurs, and entrepreneurs, AI literacy is quickly becoming a practical economic development issue.  In this episode of Develop This!, Joi Cuartero Austin talks with Tasha Sams, Director of Education at Main Street America, about what AI literacy really means for local businesses and why it matters for Main Street communities. The conversation explores how AI can help entrepreneurs build capacity, save time, strengthen marketing, improve operations, and make more informed decisions, especially for business owners who are often wearing every hat themselves.  But this conversation is not about automating everything. Joi and Tasha also explore the rise of analog and low-tech business concepts, from vinyl cafes and record shops to video rental stores, bookstores, and other experience-based businesses and what that resurgence tells us about the value of human connection, curation, memory, and place.  The episode makes the case that the future of small business may not be AI versus analog. It may be high-tech behind the scenes and deeply human at the counter.

    DT #670 How Communities Create Opportunity Through Leadership and Collaboration

    Play Episode Listen Later Aug 5, 2026 25:33


    How can communities create lasting economic mobility in a rapidly changing world? In this episode of Develop This!, Dennis Fraise speaks with Anne Bovaird Nevins about her remarkable career journey—from the White House and the Olympic movement to leading national initiatives focused on economic and community development. Drawing on decades of experience, Anne shares lessons on leadership, collaboration, and the importance of building authentic relationships around a clear mission. She explains how successful communities create momentum by aligning people, resources, and long-term goals around shared outcomes. A major focus of the conversation is economic mobility and the role local leaders play in expanding opportunity. Anne highlights innovative approaches being used in communities like Charlotte, North Carolina, where investments in transit, infrastructure, and regional collaboration are helping connect residents to jobs and economic opportunity. The discussion also explores emerging trends shaping the future of economic development, including affordability challenges, artificial intelligence, workforce development, and the growing importance of regional alignment. Throughout the episode, Anne emphasizes a simple but powerful principle: great leaders leave places better than they found them. A key takeaway? Economic development is most effective when it combines strong leadership, strategic investment, and a commitment to improving opportunities for people. Key Takeaways Economic mobility requires intentional investment and long-term vision Strong leadership starts with authentic relationships and a clear mission Infrastructure and transit investments can expand economic opportunity Regional collaboration creates stronger and more sustainable outcomes Communities must adapt to trends such as AI and affordability challenges Lasting impact comes from improving opportunities for future generations Key Topics Covered Anne Nevins' career journey and leadership lessons Economic mobility and community impact strategies Regional collaboration and alignment Infrastructure and transit investments Workforce development and future trends AI, affordability, and the evolving economic landscape Sound Bites "Athlete experience is the core of Olympic organizing." "Invest in physical infrastructure to drive mobility." "Always leave a place better than you found it."

    DT #666 The Cincinnati Growth Story: Collaboration, Talent, and Industry Leadership

    Play Episode Listen Later Jul 29, 2026 27:04


    What's driving Cincinnati's rise as one of the Midwest's most dynamic economic engines? In this episode of Develop This!, Dennis Fraise speaks with Kimm Lauterbach, CEO of REDI Cincinnati, about the region's rapid growth and the strategies positioning it as a national leader in innovation, investment, and industry. Kimm shares how Cincinnati has built momentum through a combination of regional collaboration, strong industry clusters, and a commitment to workforce development. The conversation highlights how partnerships across state lines are helping the region compete more effectively for investment and talent. A major focus is Cincinnati's growing strength in life sciences and biopharma, where companies such as Medpace and CTI have helped establish the region as a recognized hub for research, innovation, and commercialization. The discussion also explores the region's leadership in aerospace, advanced manufacturing, and food innovation—industries that continue to drive economic growth while creating opportunities for workforce development and business expansion. Looking ahead, Kimm discusses the role of innovation districts, research partnerships, and international investment in shaping Cincinnati's future and sustaining long-term competitiveness. A key takeaway? Cincinnati's success is built on collaboration, industry specialization, and a clear vision for regional growth. Key Takeaways Cincinnati is experiencing strong economic growth across multiple industries Regional collaboration strengthens competitiveness and investment attraction Life sciences and biopharma have become major economic drivers Aerospace and advanced manufacturing remain key regional strengths Workforce development supports long-term industry growth Innovation districts and research partnerships are fueling future opportunities Foreign direct investment continues to play an important role in expansion Key Topics Covered Cincinnati's economic growth and recognition Foreign direct investment and international companies Regional multi-state collaboration strategies Life sciences and biopharma development Workforce development and training programs Aerospace and advanced manufacturing Food and beverage innovation Innovation districts and research partnerships Sound Bites "Success stories like Medpace and CTI." "Overindexing in aerospace engineering." "Regional collaboration creates greater opportunity."

    DT #667 Mastering Public-Private Partnerships and Business Growth Strategies

    Play Episode Listen Later Jul 29, 2026 29:33


    What can economic developers learn from a career that spans the public sector, entrepreneurship, and consulting? In this episode of Develop This!, Dennis Fraise speaks with Ruth Buchanan, founder of Buchanan Advisors, about her journey through economic development and the lessons that led her to launch her own consulting firm. Drawing on experience across multiple sectors, Ruth shares insights on navigating complex development projects, building trust among stakeholders, and helping communities move ambitious initiatives from concept to reality. A major theme throughout the conversation is continuous learning. Ruth discusses the importance of staying informed, understanding market trends, and adapting to changing economic conditions in order to remain effective in a rapidly evolving profession. The discussion also explores public-private partnerships, highlighting the collaboration, communication, and project management skills required to bring diverse groups together around shared goals. Another key focus is supporting second-stage companies—businesses that have moved beyond startup status and are poised for growth. Ruth explains why helping these firms scale can have a significant impact on local economies and long-term community prosperity. A key takeaway? Successful economic development is built on trust, lifelong learning, and the ability to bring people together around a common vision. Key Takeaways Continuous learning is essential for long-term success in economic development Public-private partnerships require trust, communication, and collaboration Supporting second-stage companies can drive significant economic growth Data and market analysis improve decision-making and project outcomes Strong stakeholder relationships help navigate complex projects Adaptability is critical as technology and business environments evolve Key Topics Covered Career transition from economic development to consulting Lessons learned from diverse leadership roles Public-private partnership project management Supporting second-stage business growth Trust-building and stakeholder engagement Data, market analysis, and emerging technologies Community redevelopment and strategic planning Sound Bites "Continuous learning is essential for growth." "Trust is the foundation of successful projects." "The best solutions come from understanding both people and markets."

    DT #664 30 Years of Site Selection Lessons from Matt Szuhaj

    Play Episode Listen Later Jul 22, 2026 33:12


    How is technology changing the way communities compete for investment and talent? In this episode of Develop This!, Dennis Fraise speaks with Matt Szuhaj, EVP of Strategic Development Group, to explore more than three decades of change in site selection and economic development. Drawing on 30 years of experience, Matt shares how location strategy has evolved from a focus on cost and infrastructure to a more complex evaluation of talent, quality of life, community identity, and long-term competitiveness. A major focus of the conversation is artificial intelligence and its growing influence on economic development. Matt explains how AI is accelerating access to information and reshaping decision-making, while emphasizing that human judgment, experience, and intuition remain essential. The discussion also explores how communities can better position themselves in an AI-driven world through strong branding, accurate data, and proactive storytelling. For rural communities, emerging technologies and remote work trends may create new opportunities to attract residents, businesses, and investment. Throughout the episode, Matt highlights the importance of trust, credibility, and first impressions—factors that continue to play a critical role in site selection despite advances in technology. A key takeaway? Technology may change the tools, but successful economic development still depends on strong communities, clear messaging, and trusted relationships. Key Takeaways AI is transforming how information is gathered and analyzed Human experience and intuition remain critical in decision-making Community branding is increasingly important in the AI era Rural communities have new opportunities through remote work and technology Trust and credibility continue to influence site selection decisions Strong data and storytelling help communities stand out Key Topics Covered Evolution of location strategy over 30 years AI and economic development decision-making Community branding and character of life Rural communities and remote work opportunities Data, marketing, and investment attraction Trust and first impressions in site selection Sound Bites "AI accelerates access to information." "AI doesn't have intuition or experience." "Control your narrative in the AI age."

    DT #665 How Great Leaders Unite a Multi-Generational Workforce

    Play Episode Listen Later Jul 22, 2026 32:38


    How can leaders build stronger teams in a workplace shaped by multiple generations? In this episode of Develop This!, Dennis Fraise speaks with Mark Perna to explore how generational differences, economic realities, and rapid technological change are reshaping today's workforce. Mark shares insights into the strengths and challenges of working across generations—from Baby Boomers to Gen Z—and explains why understanding different perspectives is essential for building collaborative, high-performing teams. A major focus of the conversation is the changing economic landscape facing younger workers. Rising housing costs, student debt, and evolving career expectations are influencing how people view work, leadership, and long-term success. The discussion also examines how technology and AI are transforming the workplace, requiring leaders to balance innovation with human connection, trust, and effective communication. Throughout the episode, Mark emphasizes that successful leadership is built on listening, empowering others, and creating environments where people of all ages can contribute their unique strengths. A key takeaway? Organizations that embrace generational diversity and foster mutual respect will be better equipped to innovate, adapt, and thrive. Key Takeaways Every generation brings unique strengths and perspectives to the workplace Understanding economic realities helps leaders better engage younger employees Multi-generational teams drive innovation and better decision-making Strong leadership requires trust, listening, and decisive action Education, employment, and community must work together to develop talent AI and technology are changing how organizations lead and collaborate Key Topics Covered Generational shifts in the workforce Economic challenges facing younger workers Multi-generational leadership strategies Technology, AI, and the future of work Education and workforce development Building trust and effective communication across generations Sound Bites "Every generation imagines itself to be more intelligent." "The world changes, it shifts, everybody adapts." "Decisive action is critical for leadership."

    DT #662 Why Trust, Talent, and Infrastructure Drive Site Selection Success

    Play Episode Listen Later Jul 15, 2026 36:15


    What separates communities that win major investments from those that get left behind? In this episode of Develop This!, Dennis Fraise speaks with Tess Fay, Vice President of Global Location Strategies, to explore the increasingly complex world of site selection and the factors shaping the future of U.S. manufacturing. Tess shares how companies evaluate locations through the lens of long-term risk, infrastructure capacity, workforce strength, and community readiness. With major investment decisions carrying consequences for decades, preparation and execution have never been more important. A major theme throughout the conversation is trust. Tess explains why communities that communicate clearly, maintain realistic timelines, and consistently deliver on commitments build the credibility needed to compete for large-scale projects. The discussion also dives into growing infrastructure challenges, particularly around energy availability. As demand for manufacturing and industrial development continues to grow, access to reliable power is becoming one of the most critical factors in site selection. Workforce resilience, strategic partnerships, and strong local leadership also emerge as essential ingredients for long-term success, helping communities adapt to changing economic conditions and evolving industry needs. A key takeaway? Winning projects isn't just about having a site available—it's about being prepared, building trust, and demonstrating long-term capability. Key Takeaways Major site selection decisions are shaped by long-term business needs Infrastructure and energy availability are becoming critical competitive factors Trust and credibility play a major role in investment decisions Workforce resilience is essential for sustainable growth Strategic partnerships strengthen community competitiveness Preparation and execution often determine which communities win projects Key Topics Covered Site selection complexity and scarcity management Community preparation and trust-building Infrastructure readiness and energy challenges Workforce resiliency and sustainability Strategic partnerships and political will The future of U.S. manufacturing Sound Bites "Decisions impact the company's future for decades." "Buttoned-up timelines build trust and credibility." "Trust and solutions orientation build confidence."

    DT #663 Data-Driven Economic Development in a Changing World

    Play Episode Listen Later Jul 15, 2026 37:43


    What does it take to build resilient communities in an era of rapid economic change? In this episode of Develop This!, Dennis Fraise speaks with Ryan Silva, Executive Director of the New York State Economic Development Council, about the policies, partnerships, and strategies shaping economic growth across New York. Ryan shares insights on how data-driven decision-making is helping communities plan for the future, attract investment, and navigate increasingly complex economic challenges. From workforce development to infrastructure planning, the conversation highlights the importance of grounding strategy in reliable research and long-term thinking. A major focus is the impact of the CHIPS and semiconductor investments transforming regions across the country. Ryan discusses how large-scale projects create opportunities for growth while also requiring communities to think carefully about readiness, workforce capacity, and supporting infrastructure. The discussion also explores the balance between pursuing major economic wins and ensuring smaller communities have the tools and resources needed to thrive. Throughout the episode, Ryan emphasizes the importance of adaptability, collaboration, and continuous professional development in a rapidly evolving field. A key takeaway? Successful economic development is built on preparation, partnerships, and a willingness to embrace both opportunity and change. Key Takeaways Data and research are essential for effective economic development strategy Semiconductor investments are reshaping regional economies Community readiness is critical for attracting large-scale projects Workforce development and infrastructure remain top priorities Small communities can thrive through resilience and strategic planning Collaboration and adaptability drive long-term success Key Topics Covered Economic development policy and initiatives Data-driven planning and decision-making Impact of the CHIPS Act and semiconductor investments Workforce and infrastructure development Community readiness and regional growth Professional development in economic development Sound Bites "Finding a way to get to yes." "Building the plane while flying it." "Hope in small community resilience."

    DT #660 The Atlanta Beltline Story: Balancing Growth, Equity, and Opportunity

    Play Episode Listen Later Jul 8, 2026 32:44


    What does it take to transform a community while ensuring everyone benefits from the growth? In this episode of Develop This!, Dennis Fraise speaks with Clyde Higgs, President & CEO of Atlanta Beltline, Inc, about one of the most ambitious community redevelopment projects in the United States. Clyde shares his unique journey from healthcare leadership into economic development and explains how large-scale infrastructure projects can serve as catalysts for economic growth, community revitalization, and long-term opportunity. A major focus of the conversation is community-led development. Rather than imposing change from the top down, the Atlanta BeltLine has prioritized public engagement, trust-building, and ensuring that residents have a voice in shaping the future of their neighborhoods. The discussion also explores the challenges of balancing growth with equity, particularly when it comes to housing affordability and ensuring redevelopment benefits both existing and future residents. Throughout the episode, Clyde highlights the importance of mentorship, relationship-building, and lifelong learning as essential leadership skills for economic developers navigating increasingly complex challenges. A key takeaway? Successful redevelopment is not just about infrastructure—it's about creating opportunities, building trust, and putting people at the center of growth. Key Takeaways Community engagement is essential to successful redevelopment projects Infrastructure investments can be powerful catalysts for economic growth Equitable housing must be part of long-term development strategies Public trust is critical in community transformation efforts Mentorship and relationship-building are key leadership skills Economic development is ultimately about improving opportunities for people Key Topics Covered Community-led redevelopment strategies Economic impact of infrastructure investments Equitable housing and neighborhood revitalization Leadership and mentorship in economic development Public trust and community engagement The future of economic development Sound Bites "Everyone knows something you don't know." "You're not as smart as you think you are." "People are the greatest source of optimism."  

    DT #661 How Authentic Community Branding Drives Growth

    Play Episode Listen Later Jul 8, 2026 31:17


    What makes some communities stand out while others struggle to tell their story? In this episode of Develop This!, Dennis Fraise speaks with Sandy Dubay, CEO of PPR Strategies, about the growing importance of communication, branding, and storytelling in economic development. Drawing on her experience in both economic development and public relations, Sandy explains why authentic storytelling has become one of the most powerful tools communities can use to attract investment, build trust, and create lasting connections. The conversation explores common communication mistakes organizations make, the importance of maintaining consistent messaging, and how communities can develop brands that reflect who they truly are rather than who they want to be. A major focus is the challenge of communicating across generations. Sandy shares practical insights on adapting messages to different audiences, leveraging social media effectively, and meeting people where they are without losing authenticity. The discussion also covers crisis communication, media relations, and the leadership skills needed to navigate an increasingly complex communication environment. A key takeaway? Strong communities are built on strong stories—and the most effective stories are authentic, consistent, and centered on people. Key Takeaways Authentic storytelling strengthens community identity and growth Consistent messaging is essential for effective branding Communities should focus on stories that genuinely resonate with audiences Communication strategies must adapt to different generations Strong media relationships help amplify community success stories Crisis communication requires preparation, transparency, and trust Key Topics Covered Evolution of economic development and community branding Authentic storytelling and community messaging Media relations and communication strategy Generational communication differences Social media and audience engagement Leadership and crisis communication Sound Bites "Tell the stories that truly resonate." "Consistency is critical in branding." "Meet your audience where they are."

    DT #658 Building Stronger Communities Through Entrepreneurial Ecosystems

    Play Episode Listen Later Jul 1, 2026 36:40


    What if the next wave of economic growth starts with local entrepreneurs? In this episode of Develop This!, Dennis Fraise speaks with Rob Williams of SourceLink to explore how entrepreneurship-led economic development can help communities build stronger, more resilient economies. Rob shares how communities—especially rural ones—can leverage their unique assets to support entrepreneurs, strengthen local ecosystems, and create long-term growth from within. The conversation highlights SourceLink's ecosystem approach, focusing on how connecting entrepreneurs to the right resources, partners, and support networks can reduce fragmentation and accelerate success. A major theme is measurement. Rob discusses why communities need better ways to track entrepreneurial activity, job creation, and ecosystem health beyond traditional economic development metrics. The discussion also explores the growing role of AI, broadband, and technology in unlocking innovation at scale and expanding access for entrepreneurs in both rural and urban markets. A key takeaway? Strong entrepreneurial ecosystems are built through connection, collaboration, and a clear understanding of what local businesses need to grow. Key Takeaways Entrepreneurship is a powerful driver of local economic growth Young firms play a major role in job creation Rural communities can build innovation around their unique assets Strong ecosystems require clear connections between resources and entrepreneurs AI and broadband are expanding access to innovation Success should be measured through ecosystem health, not just traditional metrics Key Topics Covered Entrepreneurship-led economic development Rural innovation and community assets SourceLink's ecosystem-building approach Metrics for entrepreneurial success AI and technology in entrepreneurship Economic development education and the role of IEDC Sound Bites "Job creation starts with young firms." "AI is unlocking innovation at scale." "Connect, collaborate, and innovate."

    DT #659 How Public-Private Partnerships Are Reshaping Economic Development

    Play Episode Listen Later Jul 1, 2026 37:13


    What role do public-private partnerships play in the future of economic development? In this panel episode of Develop This!, Dennis Fraise explores the evolving PPP landscape with Joachim Arnold, Matt Chambers, and Clint Nessmith, bringing together perspectives from the U.S. and Europe. The conversation dives into how economic development organizations are rethinking funding models, private sector engagement, and long-term sustainability in a changing global environment. A major focus is funding diversification. The panel discusses why stable, flexible funding matters—and how structured campaigns can help formalize private sector participation in economic growth strategies. The discussion also explores global FDI trends, infrastructure investment, geopolitical uncertainty, and the importance of adapting economic development models to local and international realities. A key takeaway? Strong public-private partnerships create the structure, trust, and shared investment needed to drive sustainable economic growth. Key Takeaways Public-private partnerships are evolving across global markets Funding diversification is critical for long-term sustainability Private sector engagement strengthens economic development strategy Geopolitical uncertainty is reshaping investment decisions Community engagement can open new doors for growth Structured campaigns help formalize stakeholder participation Key Topics Covered Public-private partnership models Funding diversification in economic development Global trends in FDI and infrastructure investment U.S. and European economic development strategies Stakeholder and private sector engagement Adapting to geopolitical uncertainty Sound Bites "Funding stability is a key strength of the US model." "Community engagement opens doors for economic growth." "Structured campaigns formalize private sector engagement."

    DT #656 Growth vs Identity: The Real Cost of Austin's Tech Boom

    Play Episode Listen Later Jun 24, 2026 30:13


    What happens when rapid tech growth collides with a city's cultural identity? In this episode of Develop This!, Dennis Fraise is joined by Jon Roberts and Tracy McDaniel of TIP Strategies to explore the evolution of Austin's tech boom—and the social and economic trade-offs that come with it. Once known for its distinct culture and creative energy, Austin has become one of the fastest-growing tech hubs in the U.S. But as investment and innovation accelerate, the conversation turns to a harder question: what gets lost in the process? The discussion unpacks the growing tensions between economic expansion and community impact, including rising disparities, housing pressures, and the challenge of maintaining Austin's identity amid large-scale development. A key theme is the need to rethink how success is measured in economic development—moving beyond pure growth metrics to include equity, inclusion, and long-term community health. The conversation also touches on emerging forces like AI and data infrastructure, and how they may further reshape the city's trajectory in the years ahead. A central takeaway? Growth without inclusion risks reshaping not just economies—but the communities they're meant to serve. Key Takeaways Austin's tech growth is reshaping its cultural and economic identity Rapid development has created increasing social and economic disparities Inclusive growth requires intentional community engagement strategies Traditional economic metrics may overlook equity and livability AI and data infrastructure will continue to influence urban development Balancing innovation with identity is a growing challenge for cities Key Topics Covered Evolution of Austin's tech ecosystem Cultural identity and urban transformation Social and economic impacts of rapid growth Inclusive economic development strategies Gentrification and community displacement AI, data centers, and future urban trends Sound Bites "Are we losing Austin's identity?" "AI will run out of things to mine." "Austin will always be magnetic."

    DT #657 Beyond Small: Winning Strategies for Rural Economic Development

    Play Episode Listen Later Jun 24, 2026 36:44


    What does it take for rural communities to compete and grow in today's economy? In this episode of Develop This!, Dennis Fraise speaks with Jolene Schalper, EVP of the Great Falls Montana Development Alliance, to explore the opportunities and challenges shaping rural economic development. Jolene shares her journey from nonprofit leadership into economic development and explains how collaboration, creativity, and community trust play critical roles in driving regional growth. The conversation highlights how Great Falls is leveraging local strengths to support entrepreneurship, attract investment, and create long-term economic momentum. Workforce and housing challenges are also a major focus, with Jolene emphasizing the importance of data-driven strategies and proactive planning to support sustainable growth. The discussion also explores how rural communities can position themselves competitively for larger opportunities, including foreign direct investment, while still maintaining strong local identity and community connections. A key takeaway? Rural communities have unique advantages—and with the right leadership, partnerships, and vision, they can compete far beyond their size. Key Takeaways Rural communities can compete by leveraging local strengths and partnerships Collaboration and trust-building are essential for long-term growth Entrepreneurship plays a major role in rural economic resilience Housing and workforce challenges require proactive, data-driven solutions Creativity and adaptability are critical in economic development leadership Rural regions can successfully attract major investment opportunities Key Topics Covered Rural economic development strategies Community collaboration and leadership Entrepreneurship and small business support Workforce and housing challenges Foreign direct investment opportunities Professional development in economic development Sound Bites "Data drives decisions in our housing strategy." "We swing for the fences to grow our community." "Second place sucks—no ribbon for losing."  

    DT #654 Rebuilding Better: How New Orleans Turned Disaster Into Long-Term Economic Growth

    Play Episode Listen Later Jun 17, 2026 31:38


    What does it take to rebuild an economy after a disaster—and turn it into a model for long-term growth? In this episode of Develop This!, Dennis Fraise speaks with Michael Hecht, CEO of Greater New Orleans, Inc., to explore lessons learned from leading economic recovery efforts after Hurricane Katrina and 9/11. Michael shares how New Orleans approached rebuilding not just infrastructure, but its entire economic foundation—balancing urgency with long-term strategy, and recovery with reinvention. A major theme is the importance of community involvement in shaping recovery efforts. He emphasizes that post-disaster planning cannot be top-down, and that successful rebuilding requires both structure and local autonomy to respond effectively to evolving needs. The conversation also highlights how New Orleans has leveraged innovation, incentives, and workforce development to reposition itself for future growth—particularly in emerging sectors like tech and innovation. A key takeaway? Economic recovery is not just about rebuilding what was lost—it's about designing something stronger, more inclusive, and more resilient. Key Takeaways Post-disaster recovery requires both structure and local autonomy Community involvement is essential in rebuilding efforts Incentives must balance short-term recovery with long-term value Workforce development is critical to economic resilience Innovation is playing a growing role in New Orleans' economic shift Strong leadership is key to navigating complex recovery environments Key Topics Covered Post-disaster economic recovery strategies Lessons from Hurricane Katrina and 9/11 recovery efforts Community involvement in economic planning Workforce development and skills alignment Incentive design for sustainable growth Leadership approaches in crisis and recovery Sound Bites "You can't plan top down post disaster." "Create structure but give autonomy." "Stay proactive and avoid complacency."

    DT #655 Building Thriving Communities: Leadership, Trust, and the Power of Regional

    Play Episode Listen Later Jun 17, 2026 34:46


    What does it take to build thriving communities across an entire region? In this episode of Develop This!, Dennis Fraise speaks with Barb Lamue to explore her unique journey from law enforcement to economic development—and the leadership lessons she's learned along the way. Drawing from decades of experience in regional collaboration and workforce strategy, Barb shares how trust, authenticity, and long-term relationship building have helped shape successful community development efforts across Wisconsin. A major focus of the conversation is workforce development, particularly the growing importance of digital upskilling, adaptability, and preparing communities for the future of work. Barb also discusses the role mentorship and continuous learning play in developing effective leaders and resilient organizations. The discussion highlights the power of regional partnerships and public-private collaboration, showing how aligned communities can create stronger economic outcomes than isolated efforts. A key takeaway? Sustainable economic development starts with people—building trust, investing in talent, and leading with authenticity. Key Takeaways Regional collaboration is built on trust and long-term relationships Workforce development and digital skills are critical for future growth Authentic leadership strengthens community impact Mentorship and lifelong learning are essential in economic development Public-private partnerships drive stronger regional outcomes Community prosperity requires intentional collaboration and service Key Topics Covered Transition from law enforcement to economic development Regional collaboration and trust-building Workforce development and digital upskilling Leadership lessons and mentorship Community impact and innovative programs Future trends in economic development and AI Sound Bites "Act with integrity and be the best version of yourself" "Our mission is always to build prosperity for communities" "Be authentic and true to yourself in community support"  

    DT #652 Small Country, Big Strategy: Costa Rica's Rise in High-Value Global Investment

    Play Episode Listen Later Jun 10, 2026 27:30


    What does it take for a small country to compete for high-value global investment in today's economy? In this episode of Develop This!, Dennis Fraise speaks with Pilar Madrigal of the Costa Rican Investment Promotion Agency to explore how Costa Rica is evolving into a strategic hub for advanced industries and foreign direct investment. From its geographic position connecting North and South America to its growing reputation in high-tech sectors, Costa Rica is positioning itself as more than a nearshoring destination—it's becoming a knowledge-driven economy focused on long-term value creation. Pilar explains how the country has successfully diversified beyond tourism into industries such as life sciences, digital health, medical technology, AI, and advanced manufacturing. This transformation is powered by a strong emphasis on talent development and education, which she describes as the foundation of Costa Rica's competitiveness. A key theme throughout the conversation is that investment decisions are shifting. Companies are no longer just prioritizing cost or proximity—they are evaluating talent availability, risk mitigation, ecosystem stability, and total operating value. The discussion also highlights the importance of trust and strategic advisory relationships in attracting and retaining global investors, as well as Costa Rica's intentional focus on building long-term partnerships rather than transactional wins. A central takeaway? Costa Rica's competitive edge lies not in scale, but in stability, talent, and a deliberate strategy to move up the value chain. Key Takeaways Costa Rica serves as a strategic bridge between North and South America The economy is shifting from tourism to high-value knowledge industries Talent development is the core driver of long-term competitiveness Nearshoring now prioritizes resilience and value over proximity alone Trust and long-term partnerships are key to investor attraction Stability and ecosystem maturity offset size limitations Investment decisions increasingly focus on total operating value Key Topics Covered Costa Rica's geographic and strategic advantages Economic diversification into high-tech and life sciences Workforce development and talent pipeline strategies Challenges of scale and cost competitiveness Role of investment promotion and advisory strategy Nearshoring and global investment trends Trust-building with international investors Sound Bites "The main hurdle is the size of the talent pool." "The future of FDI is about transformation." "A common mistake is competing only on cost."

    DT #653 Leading with Vision: Why Communities Need Big, Audacious Goals

    Play Episode Listen Later Jun 10, 2026 27:30


    What role do big, bold visions play in shaping stronger communities and more effective leaders? In this episode of Develop This!, Dennis Fraise is joined by Mark Perna to explore how optimism, storytelling, and ambitious goals can inspire innovation, community engagement, and long-term growth. Drawing inspiration from the Apollo 11 Moon Landing, the conversation examines how major rallying points can unite people around a shared purpose and create momentum for transformational change. Mark and Dennis discuss the importance of balancing realism with aspiration in leadership, emphasizing that communities need both practical strategies and compelling visions for the future. They also highlight how storytelling helps leaders connect emotionally with people and build trust around bold ideas. A major theme throughout the episode is courage—the willingness to make decisive moves, embrace uncertainty, and think beyond short-term challenges in pursuit of meaningful progress. A key takeaway? People are drawn to hope, purpose, and leaders who are willing to think bigger than the moment in front of them. Key Takeaways Optimism and vision are essential drivers of community growth Shared rallying points can unite and energize communities Storytelling strengthens leadership and public engagement Effective leaders balance realism with aspiration Courage and decisiveness are critical in driving change Long-term thinking is necessary for lasting impact Key Topics Covered Vision and optimism in leadership Apollo and transformational thinking Community engagement through storytelling Leadership habits that fuel innovation Balancing aspiration with practical action Purpose-driven leadership for future generations Sound Bites "People want hope more than anything" "What's in it for me?" "Fear of loss drives big, audacious goals"

    DT #669 Smaller Business Week: Why Microbusinesses Matter

    Play Episode Listen Later Jun 10, 2026 29:27


    In celebration of Small Business Week, this episode of Develop This! takes a closer look at the businesses that are often small in size but powerful in impact: microbusinesses.  Friend of the show, Erik Reader brings Marci Goodwin, co-founder of SmartStart to speak with Joi Cuartero Austin for a conversation about why communities should pay closer attention to solopreneurs, makers, freelancers, consultants, pop-up vendors, home-based businesses, side hustlers, and gig workers. Together, they explore how these "smaller" businesses contribute to local economies, build community identity, create flexible income opportunities, and represent a growing part of the future workforce.  The conversation reframes Small Business Week as "Smaller Business Week", a celebration of the people who are creating their own opportunities, testing ideas, building income streams, and thinking entrepreneurially, whether or not they ever plan to open a storefront or hire a team.  This episode also challenges economic developers, Main Street leaders, chambers, and community partners to think differently about business support. As work continues to change, communities may need to better recognize that entrepreneurship is not only about business ownership, it is also about skills, adaptability, creativity, and economic self-determination.  Small Business Week is a time to celebrate local businesses, but this episode widens the lens to include the smallest businesses in our communities, the ones that may not always be visible, but are increasingly important to local economies and the future of work.

    DT #650 Building Inclusive Economies: How Private Sector Lessons Drive Community Transformation

    Play Episode Listen Later Jun 3, 2026 21:06


    What does it take to build economies that are truly inclusive—and built for long-term impact? In this episode of Develop This!, Dennis Fraise speaks with Philip Gaskin to explore his diverse career spanning the private sector, entrepreneurship, and community development—and how those experiences shape his approach to economic transformation today. Philip shares how lessons from the private sector can directly inform economic development strategy, especially when it comes to innovation, ecosystem building, and driving measurable community impact. The conversation also highlights the importance of addressing systemic barriers that limit access to capital and opportunity in underserved communities. A key focus is the role of economic developers as connectors—bridging policy, private sector insight, and community needs to build stronger, more resilient local economies.   The discussion also touches on Kansas City's evolving economic landscape and how regional ecosystems can serve as powerful models for inclusive growth and entrepreneurial support. Key Takeaways Private sector experience can strengthen economic development strategy Inclusive growth requires addressing access to capital and opportunity gaps Economic developers play a key role in policy and collaboration Strong ecosystems drive innovation and community transformation Kansas City offers a model for regional economic growth Continuous transformation is essential for long-term impact Key Topics Covered Private sector lessons for economic development Community and economic transformation Inclusive entrepreneurship and access to capital Role of economic developers in policy and collaboration Kansas City's ecosystem and growth model Sound Bites "Crazy times call for crazy organizations" "Communities need to embrace their potential" "Continual work on transforming communities"  

    DT #651 Lithuania Rising: How a Small Nation Became a Global Hub for FinTech and Innovation

    Play Episode Listen Later Jun 3, 2026 29:50


    How did Lithuania transform itself into one of Europe's fastest-rising investment and innovation hubs? In this episode of Develop This!, Dennis Fraise speaks with Rūta Kriščiūnaitė from Invest Lithuania to explore the country's remarkable economic evolution and growing global influence. From FinTech and global business services to defense and data centers, Lithuania has positioned itself as a competitive destination for high-value investment. Ruta explains how the country's strategic location, modern infrastructure, and business-friendly environment continue to attract international companies and talent. A major focus of the conversation is workforce development. Lithuania's emphasis on upskilling, talent attraction, and strong collaboration between government, education, and industry has helped fuel growth across emerging sectors. The discussion also dives into Lithuania's rise as a FinTech powerhouse, supported by forward-thinking regulation and licensing frameworks that helped the country become one of the EU's leading FinTech ecosystems. Energy independence and renewable energy investments are also reshaping the country's long-term strategy, while defense manufacturing and innovation are emerging as major priorities in response to shifting geopolitical realities. A key takeaway? Lithuania's success comes from its willingness to evolve, test new industries, and invest strategically in future growth sectors. Key Takeaways Lithuania has become a major hub for FinTech, business services, and innovation Workforce upskilling and talent attraction are central to growth strategy Strategic regulation helped accelerate FinTech development Renewable energy and energy independence are key priorities Defense is becoming an increasingly important strategic industry Long-term growth depends on continuously testing and developing new sectors Key Topics Covered Lithuania's geographic and infrastructure advantages The role of Invest Lithuania in economic development Workforce development and talent strategies FinTech growth and regulatory innovation Renewable energy and energy independence Defense industry investments and future sectors Sound Bites "Defense is the new strategic industry for Lithuania." "Lithuania signed a deal to purchase 44 Leopard tanks." "Testing new industries is crucial for future growth."

    DT #648 Why Hungary Wins: Inside Europe's Fastest-Evolving Investment Destination

    Play Episode Listen Later May 27, 2026 31:09


    What makes a country stand out in the global race for investment? In this episode of Develop This!, Dennis Fraise speaks with Fadi Shadeh of the Hungarian Investment Promotion Agency to explore why Hungary has become one of Central Europe's most dynamic investment destinations. From its strategic location at the heart of Europe to its deep integration into the EU single market, Hungary offers companies access to major markets, efficient logistics, and strong infrastructure. Fadi explains how the country's positioning enables fast access across Europe while supporting complex global supply chains. The conversation dives into Hungary's economic transformation, particularly its shift toward higher-value industries like electromobility, battery manufacturing, business services, and R&D. While manufacturing remains a strong base, the country is rapidly expanding its role in advanced services and innovation-driven sectors. A major focus is workforce development. With a strong university network and a dual education system that connects students directly with industry, Hungary is building a talent pipeline designed to meet modern business needs—often producing job-ready graduates aligned with employer demand. Fadi also breaks down how the Hungarian Investment Promotion Agency operates as a "one-stop shop" for investors—helping companies navigate location decisions, incentives, site visits, and long-term expansion strategies. Key Takeaways Hungary's central location provides strong access to European and global markets The economy is shifting toward electromobility, batteries, and business services Talent development is supported through a strong university system and dual education model The Investment Promotion Agency acts as a one-stop shop for investors Regional cities are becoming key drivers of future growth Investment success depends on talent, infrastructure, and long-term trust Key Topics Covered Hungary's geographic and strategic advantages Economic transformation and industry mix  

    DT #649 The New Rules of Site Selection: Power, Risk, and the Future of Industrial Location Strategy

    Play Episode Listen Later May 27, 2026 30:56


    What are the new rules shaping where major industrial projects choose to land? In this episode of Develop This!, Dennis Fraise speaks with Courtney Dunbar, Director of Site Selection at Burns & McDonnell, to unpack how technology, geopolitics, and infrastructure demands are reshaping modern site selection. Courtney breaks down how today's location decisions are being influenced far beyond traditional cost factors. From energy availability to geopolitical stability, companies are weighing risks and long-term resilience more heavily than ever before. A major focus of the conversation is infrastructure—especially power. As industries like battery manufacturing and advanced manufacturing expand, access to reliable, scalable energy has become a critical deal-maker (or deal-breaker). The discussion also explores the evolution of "site readiness," highlighting why master planning and strategic preparation of industrial sites delivers high returns for communities competing for investment. Courtney emphasizes that success in site selection today comes down to one thing: building a strong, defensible business case that aligns with industry needs, infrastructure realities, and long-term growth potential. Key Takeaways Site selection is increasingly shaped by technology, geopolitics, and infrastructure Power availability is a critical driver of industrial investment decisions Battery manufacturing is growing beyond EV applications Master-planned, shovel-ready sites offer a strong competitive advantage Communities must understand and clearly communicate site limitations Strong business cases are essential to winning projects Key Topics Covered Technological change in site selection Geopolitical impacts on location decisions Energy infrastructure and industrial demand Battery manufacturing trends Site readiness and community strategy Sound Bites "Battery manufacturing is growing, but not primarily for EVs." "Master planning sites is a high ROI investment." "Success depends on building a strong business case."  

    DT #646 Dress the Part: How Personal Style Shapes Confidence and Career Success

    Play Episode Listen Later May 20, 2026 29:05


    How much does what you wear actually shape how you're perceived—and how you perform? In this episode of Develop This!, Dennis Fraise is joined by Dan Trepanier, founder of Articles of Style, to explore his journey from a farm in Canada to becoming a leading voice in men's fashion and personal styling. Dan breaks down the fundamentals of building a professional wardrobe, emphasizing why fit, quality, and intention matter more than trends. He also shares how personalized style can directly influence confidence, presence, and career success. The conversation explores the shift toward more casual dress codes, and why understanding how to adapt your style across different professional environments is still a critical skill. A core takeaway? Your wardrobe is a form of communication—and when done right, it sends the message you actually want the world to receive. Key Takeaways Fit and quality matter more than trends in wardrobe building Custom clothing can significantly improve confidence and presentation Personal style influences perception and professional success Casual fashion has changed expectations—but not the need for intention A cohesive wardrobe starts with clarity and purpose Key Topics Covered Dan Trepanier's journey from farm to fashion expert Building a wardrobe from scratch The value of custom clothing and fit Dressing well and its impact on confidence Adapting style to professional environments Sound Bites "Creating my own personal brand early on" "Your wardrobe should send the right message" "Start with custom clothing for the best fit"  

    DT #647 From Legacy City to Regional Powerhouse: How Birmingham Is Rewriting Its Economic Future

    Play Episode Listen Later May 20, 2026 28:23


    What does it take for a legacy industrial city to reinvent itself into a modern growth hub? In this episode of Develop This!, Dennis Fraise is joined by Trevor Sutton to explore Birmingham's ongoing economic transformation and the strategies shaping its future. From major wins like the Fannie Mae project to the continued rise of life sciences and metals industries, Birmingham is positioning itself as a diversified and competitive regional economy. Trevor breaks down how strategic investment, infrastructure, and workforce alignment are driving that shift. A major focus of the conversation is workforce development—specifically how the region is working to align education, training, and industry needs to retain talent and support long-term growth. The discussion also highlights a broader truth in economic development: strong economies don't exist in isolation. Regional collaboration, quality of life, and coordinated planning are all essential to attracting and keeping major employers. A key takeaway? Birmingham's growth story is less about reinvention and more about intentional alignment across industry, talent, and region. Key Takeaways Birmingham is evolving into a diversified, modern regional economy Major projects like Fannie Mae are reshaping regional momentum Workforce development is central to talent retention and growth Regional collaboration is critical to long-term competitiveness Industry diversity and quality of life must be balanced strategically Key Topics Covered Birmingham's economic transformation The Fannie Mae project and regional impact Workforce development and talent retention Industry diversification and quality of life Regional collaboration and infrastructure Sound Bites "Strong economies are regional economies" "Coffee shops and breweries are overhyped" "Birmingham is a true life sciences hub"  

    DT #644 Beyond Cost: What's Really Driving Global Site Selection Today

    Play Episode Listen Later May 13, 2026 35:06


    What's really driving global location decisions today? In this episode of Develop This!, Dennis Fraise sits down with Johan Beukema of BCI Global to unpack the shifting landscape of site selection and investment strategy. From AI and data centers to supply chain resilience, Johan explains how companies are rethinking where they invest—and why. As decentralization accelerates, talent and strong ecosystems are becoming just as important as cost. The conversation also highlights a key shift: "soft factors" like workforce quality, innovation networks, and livability are now critical differentiators in competitive markets. A core takeaway? Communities need to clearly define their strengths and align with the right opportunities to stay competitive. Key Takeaways Lower-cost locations are gaining ground Talent and ecosystems now rival cost in decision-making AI and data centers are reshaping site selection Supply chain resilience remains a top priority Clear positioning is critical for competitiveness Key Topics Covered Global location strategy shifts AI and data centers in site selection Decentralization and regional trends Talent and ecosystem importance Supply chain resilience Sound Bites "Lower cost locations have climbed up the ladder." "Focus on soft factors, not just real estate." "Define project profiles to benchmark your location."

    DT #645 The Future of Economic Development: AI, Talent, and Regional Strategy in a Changing World

    Play Episode Listen Later May 13, 2026 25:11


    How is economic development evolving in a world shaped by rapid technological change? In this episode of Develop This!, Dennis Fraise sits down with Alejandra Y. Castillo to explore how regional strategies, emerging technologies, and workforce development are redefining the field. From AI to quantum computing, Alejandra breaks down how innovation is influencing where and how communities grow. She emphasizes the importance of infrastructure, regional collaboration, and staying grounded in a global context that continues to shape local decisions. Workforce development is a central theme, with a focus on building skills across all levels—from technical expertise to entrepreneurship and AI literacy. A key message? Communities that align technology, talent, and strategy will be best positioned for long-term success. Key Takeaways Global context is shaping local economic decisions Emerging technologies like AI and quantum computing are driving change Regional strategies and infrastructure are critical Workforce development must span all skill levels Innovation and talent alignment are key to competitiveness Key Topics Covered Evolution of economic development practices Impact of emerging technologies Regional strategies and infrastructure Workforce development and future skills Global and national considerations Sound Bites "Global context impacts our decisions today" "We need skills across the spectrum" "AI literacy and entrepreneurship are key"  

    DT #642 Big Ideas, Bold Leadership with Mark C. Perna

    Play Episode Listen Later May 6, 2026 27:47


    In this inspiring episode of Develop This!, host Dennis Fraise sits down with Mark C. Perna to explore the power of bold thinking, visionary leadership, and rallying people around big ideas. Drawing on their shared fascination with the Apollo program, they unpack how the audacity of aiming for the moon transformed not just science—but an entire generation's mindset. From the iconic leadership behind the Apollo 11 Moon Landing to the forward-looking ambitions of the Artemis Program, this conversation connects the dots between space exploration and the work economic developers do every day: building momentum, inspiring communities, and executing bold visions. Mark and Dennis reflect on cultural touchpoints, childhood wonder, and even the small details—yes, including Tang—that made space exploration feel personal and powerful. If you're working to energize your community, align stakeholders, or inspire the next generation, this episode offers a compelling reminder: big progress starts with big ideas. Takeaway The moon landing wasn't just a technological achievement—it was a masterclass in leadership, collaboration, and belief. For today's economic and community developers, the lesson is clear: when you set bold goals and invite others into the vision, you create momentum that can move mountains… or even reach the moon.

    DT #643 Leadership Traits of High-Performing Economic Developers – Barry Broome

    Play Episode Listen Later May 6, 2026 37:36


    What separates good economic development organizations from great ones? According to Barry Broome, it comes down to leadership, data, and the courage to adapt. In this episode of Develop This!, host Dennis Fraise sits down with Barry Broome, President and CEO of the Greater Sacramento Economic Council and recipient of the 2025 Chairwoman's Award from the International Economic Development Council. Barry shares hard-earned insights from decades in the field, offering a candid look at the evolving economic development landscape. From the acceleration of reshoring and the rise of secondary markets to the growing influence of AI and automation, this conversation dives deep into the forces shaping regional economies today. A major theme? Communities must be prepared—or risk being left behind. Barry emphasizes that credible data, reliable power infrastructure, and workforce readiness are no longer optional—they are prerequisites for competing in today's investment environment. As demand for data centers and AI-driven industries surges, the conversation highlights a critical reality: power availability may be the single biggest constraint on growth. The discussion also explores a shift toward smaller, more strategic projects and why chasing megadeals without fundamentals in place can backfire. Barry offers practical, real-world advice for economic developers looking to position their communities for long-term success. Whether you're working in a large metro or a second-tier market, this episode is packed with actionable insights to help you lead with clarity, compete effectively, and build a more resilient regional economy. Key Topics Leadership traits of high-performing economic development organizations The impact of AI and automation on jobs and regional competitiveness Strategies for attracting, retaining, and growing investment The critical role of power infrastructure in data centers and AI projects Workforce challenges and opportunities in a shifting economy Lessons learned from a distinguished career in economic development Sound Bites "Moving away from meritocracy to comfort levels." "Not having good data is a red flag for communities." "Power availability is critical for data centers."

    DT #641 The War for Talent Is Over—Now What? A Global Perspective with Patsy Van Hove

    Play Episode Listen Later Apr 29, 2026 32:04


    In this episode of Develop This!, we go global with Patsy Van Hove of IBM Consulting and Plant Location International to unpack the evolving world of site selection and economic development. From shifting workforce dynamics to the growing importance of international collaboration, Patsy shares why talent—not geography—is now the driving force behind location decisions. You'll hear how communities can stay competitive in a world where companies are chasing skills, not just sites—and why building strong talent ecosystems is no longer optional. Whether you're working in a rural community or a global metro, this conversation will challenge how you think about workforce, incentives, and your role in the global economy. Key Takeaways The "war for talent" has fundamentally shifted power toward workers Talent availability now outweighs traditional site selection factors International collaboration is essential for long-term competitiveness Hybrid and remote work are reshaping location strategies Talent-focused incentives are becoming a key differentiator Economic developers must act as ecosystem builders, not just dealmakers Key Topics Covered Global talent trends and the race for skills The evolving role of site selection professionals Building talent ecosystems through government, industry, and academia The impact of remote and hybrid work on corporate decisions Immigration policy and workforce mobility Designing incentives that prioritize talent development Memorable Sound Bites "The war for talent is over—and talent has won." "We're in a race for skills." "Talent, talent, talent—it's the first, second, and third factor."

    DT #642 From Empty to Energized: Rethinking Community Revitalization

    Play Episode Listen Later Apr 29, 2026 27:48


    Vacant buildings are often treated as the problem—but what if they're just the symptom? In this episode of Develop This!, contributing correspondent Joi Cuartero Austin sits down with economic development expert Eric Reader to unpack the deeper forces behind community vacancy challenges. From market realities and ownership dynamics to infrastructure and policy barriers, Eric shares why quick fixes often fall short—and what to do instead. This conversation dives into the importance of asking better questions, taking a block-by-block approach, and building sustainable momentum that leads to long-term investment and revitalization. If your community is struggling with empty spaces, this episode offers a smarter, more strategic path forward. Key Takeaways Vacancy is often a signal, not the root issue—diagnosis matters. Understanding property ownership and local market dynamics is critical before action. Infrastructure and regulatory environments can either accelerate or stall revitalization. A block-by-block strategy can create visible wins and build momentum. Sustainable change comes from long-term thinking, not quick occupancy fixes. Key Topics Covered Diagnosing vacancy as a symptom of broader economic challenges Strategic questions to evaluate properties, owners, and markets The impact of infrastructure and regulation on redevelopment Prioritizing and mapping vacancies for targeted action Building momentum through incremental, place-based strategies Memorable Sound Bites "Vacancy is often a symptom of bigger problems." "Quick fixes may not be the long-term solution." "Start small, build momentum, and iterate."

    DT #639 - How Sports, Small Business, and Strategy Are Reshaping Clark County

    Play Episode Listen Later Apr 22, 2026 30:09


    Episode Summary Clark County, long known as the global epicenter of tourism and gaming, is rewriting its economic story. In this episode, Dennis Fraise sits down with Shani Coleman, Director of Community and Economic Development, and she shares how Southern Nevada is transforming into a diversified, innovation-driven economy. From attracting new industries to leveraging the explosive growth of professional sports, Shani breaks down the strategies reshaping the region. She also highlights the critical roles of small businesses, workforce development, and bold initiatives like the Micro Business Park in building a more inclusive and resilient economy. If you're an economic developer looking to reposition your region, this episode offers a real-world blueprint for diversification, collaboration, and long-term growth. Key Takeaways Clark County is actively shifting from a tourism-dependent economy to a diversified economic hub Professional sports have become a powerful catalyst for investment, identity, and regional growth Small and minority-owned businesses are central—not secondary—to economic strategy Infrastructure, workforce, and quality of place are critical in competing for new industries Innovative tools like micro business parks are helping remove barriers to entrepreneurship Regional collaboration is driving scalable, sustainable development Key Topics Covered Economic diversification strategies in a legacy tourism market The rise and impact of major league sports in Southern Nevada Supporting small and minority-owned businesses through policy and programs The Micro Business Park initiative and inclusive development models Workforce, infrastructure, and competitiveness in site selection Regional collaboration and long-term economic positioning

    DT #640 Winning Together: How Regional Collaboration Is Powering Chicagoland's Economic Growth

    Play Episode Listen Later Apr 22, 2026 32:34


    What happens when competing communities decide to collaborate instead? In this episode, Dennis Fraise sits down with Kevin Considine, Board Chair of the Greater Chicagoland Economic Partnership and CEO of Lake County Partners, and shares how a coalition of counties around Chicago is redefining economic development through regional alignment. Kevin unpacks the origins and evolution of the Greater Chicagoland Economic Partnership (GCEP), offering a behind-the-scenes look at how trust was built across jurisdictions, how funding models are shifting, and why collaboration is delivering better outcomes for business attraction and growth. From leveraging global assets like O'Hare International Airport to positioning Chicagoland as a powerhouse in logistics and B2B industries, this episode is a must-listen for professionals looking to move from competition to coordination. Key Takeaways Regional collaboration creates a stronger, more compelling value proposition for site selectors and investors The Greater Chicagoland Economic Partnership is a model for aligning multiple jurisdictions under one strategy Trust—not structure—is the foundation of successful regional initiatives Global assets like O'Hare International Airport serve as economic anchors for the entire region Transitioning from public to private funding can strengthen long-term sustainability Maintaining local identity while promoting a unified regional brand is critical Key Topics Covered The formation and early success of the Greater Chicagoland Economic Partnership Why collaboration is outperforming traditional inter-community competition Leveraging regional assets, including logistics infrastructure and innovation ecosystems Funding evolution: from public sector support to private investment Building trust across counties, municipalities, and leadership teams International engagement and positioning Chicagoland globally Lessons learned from launching and scaling a regional initiative Memorable Sound Bites "It just makes sense from a customer perspective." "Chicago is the B2B capital of logistics in the US." "O'Hare is a huge economic engine for the region."

    DT #637 Ken Biberaj – Defense, AI, and Infrastructure: The New Battleground for Economic Growth

    Play Episode Listen Later Apr 15, 2026 43:00


    Episode Summary In this episode of Develop This!, host Dennis Fraise sits down with Ken Biberaj, Executive Managing Director at Savills and host of Coffee With Ken, to explore how national defense policy, artificial intelligence, and real estate strategy are converging to reshape economic development across the United States. Ken shares insights from the front lines of site selection and federal policy, unpacking the rise of a new defense-driven innovation ecosystem, the growing importance of AI and data centers, and why communities must rethink their approach to site readiness, infrastructure, and talent. This conversation is a must-listen for economic developers navigating rapid technological change, reindustrialization, and the increasing influence of national security priorities on local growth strategies. Key Themes & Takeaways The convergence of defense policy and real estate strategy is accelerating site selection decisions A new defense ecosystem—powered by AI, autonomy, and advanced manufacturing—is expanding beyond traditional hubs Speed-to-market and site readiness are now critical differentiators Data centers and digital infrastructure are reshaping industrial real estate demand Communities must adopt a more proactive, ecosystem-based approach to economic development Understanding federal policy is now essential for local competitiveness Standout Sound Bites "Disruption is live and happening now." "Communities must do an inventory of their assets." "You can't reindustrialize without real estate." "Quality of life is crucial for site selection."

    DT #638 Alejandra Y. Castillo – From Bronx Bodega to National Leadership

    Play Episode Listen Later Apr 15, 2026 21:12


    In this inspiring episode of Develop This!, Dennis Fraise sits down with Alejandra Y. Castillo to explore her remarkable journey from helping her family run a Bronx bodega to leading economic development efforts at the highest levels of the federal government. Alejandra shares how her immigrant experience, early responsibilities, and global perspective shaped her leadership philosophy and commitment to public service. From navigating systems as a young translator to guiding national economic policy, her story offers powerful lessons on resilience, education, and building stronger, more inclusive communities. This episode blends personal storytelling with practical insight—highlighting how community resilience, public-private partnerships, and adaptive leadership are essential in today's rapidly changing economic landscape. Key Themes & Takeaways Early life experiences shape leadership and long-term impact The immigrant experience builds resilience, adaptability, and problem-solving skills Education is a foundational driver of opportunity and economic mobility Public service and policy play a critical role in shaping community outcomes Climate resilience and disaster recovery are essential components of modern economic development Strong communities are built through collaboration and ecosystem thinking Standout Sound Bites "Not only relay the news but also problem solve." "Education is something no one can take away." "Government can build a better ecosystem for all."

    DT #635 The Space Coast's New Golden Age: How Florida Leads the Space Industry

    Play Episode Listen Later Apr 8, 2026 35:43


    The space economy is no longer a distant frontier—it's a powerful engine of economic growth, innovation, and talent development right here on Earth. In this episode of Develop This!, Dennis sits down with Edgar Campa-Palafox  Vice President, Business Development, Economic Development Commission of Florida's Space Coast, a community coalition, is the official economic development organization for Brevard County, to explore the rapid rise of Florida's Space Coast and how it's becoming a global hub for next-generation aerospace activity. Fresh off the momentum of the Artemis II mission's successful launch, excitement is building across the industry and within communities tied to space exploration. Edgar breaks down what this milestone means not just for returning humans to the Moon, but for regional economies, workforce pipelines, and long-term global competitiveness. We dive into how the Space Coast is leveraging major initiatives like Artemis Program to attract investment, foster innovation, and create high-quality jobs. From satellite technology and Earth monitoring systems to commercial launches led by companies like SpaceX and Blue Origin, the region is experiencing a modern-day space renaissance. Edgar shares insights into the critical role of public-private partnerships, highlighting collaboration with organizations like the Florida Space Coast Economic Development Commission and the impact of assets such as the Kennedy Space Center. Together, these stakeholders are building a sustainable ecosystem that supports both legacy aerospace giants and emerging startups. Workforce development takes center stage as well, with a focus on engaging the next generation of talent. As Edgar notes, "the space industry appeals to young people," creating a unique opportunity for communities to align education, training, and career pathways with one of the fastest-growing sectors in the world. Whether it's infrastructure expansion, housing demand, or the broader economic ripple effects of launch activity, this episode highlights how space is reshaping local economies—and what economic developers can learn from Florida's bold approach. Key Topics Growth of the space industry and its economic impact The Artemis program and lunar exploration Workforce development and talent pipelines Infrastructure and community growth Public-private partnerships in space    

    DT #636 Jennifer Storm, IEDC 2025 Economic Developer of the Year

    Play Episode Listen Later Apr 8, 2026 38:39


    What does it take to transform a fast-growing community into a regional economic powerhouse? In this episode of Develop This!, Dennis sits down with Jennifer Storm, Chief Executive Officer of the Buda Economic Development Corporation and the IEDC 2025 Economic Developer of the Year, to unpack her remarkable journey from community volunteer to a driving force behind the growth of Buda,TX. Jennifer shares how curiosity, persistence, and a willingness to "say yes to every opportunity to learn" helped shape her leadership style and career path. Her story is a powerful reminder that impactful economic development starts with community connection and trust. We explore how Buda has evolved from a bedroom community into a strategic destination for business investment—leveraging its proximity to Austin while carving out its own unique identity. Jennifer discusses the importance of regional collaboration, noting, "we work together really well in our region," and explains how that cooperation drives lead generation, shared success, and long-term sustainability. A standout moment in the conversation is the case study of Perseus Defense Technologies, a cutting-edge project that reflects Buda's ability to attract innovative, high-impact industries. Jennifer walks through the strategy behind landing the Perseus project, from relationship-building to aligning incentives and community vision. Beyond business attraction, Jennifer emphasizes the importance of nurturing local entrepreneurs. Initiatives like the Buda Hive Incubator and youth-focused programs such as the B Market are creating a vibrant ecosystem that supports startups, small businesses, and future innovators. We also highlight key wins like the expansion of US Foods, ongoing downtown revitalization efforts, and the creative reuse of historic assets like the train depot—demonstrating how economic development can enhance both quality of life and economic opportunity. From leadership lessons to actionable strategies, this episode is packed with insights for economic development professionals looking to build stronger, more resilient communities. Key Topics Transition from community volunteer to economic developer Strategies for community growth and business attraction Supporting local entrepreneurs and small businesses Case study: Perseus defense tech project Building regional collaboration and trust

    DT #633 From Capital to Community: How CDFIs Drive Inclusive Growth

    Play Episode Listen Later Apr 1, 2026 35:10


    In this episode of Develop This!, Dennis Fraise sits down with Amber Banks, President and CEO of the African American Alliance of CDFI CEOs, to explore the transformative role of Community Development Financial Institutions (CDFIs) in advancing equitable economic development. Amber shares how black-led CDFIs are uniquely positioned to build trust, expand capital access, and drive meaningful impact in underserved communities—while also addressing the persistent challenges these institutions face in scaling and sustainability. From the importance of certification and capital access to the power of culturally competent leadership, this conversation highlights why investing in black-led CDFIs isn't just equitable—it's essential for stronger, more resilient local economies. If you're an economic developer looking to deepen community impact, strengthen partnerships, or better understand the future of inclusive finance, this episode delivers actionable insights you can apply today. Key Takeaways CDFIs are critical infrastructure for underserved communities, filling financing gaps traditional institutions often overlook Black-led CDFIs face systemic capital barriers, limiting their ability to scale impact Trust and cultural competency are core to successful community finance strategies Certification matters—it signals credibility and unlocks funding opportunities Investing in black-led institutions strengthens entire regional economies Episode Highlights The evolving role of CDFIs in modern economic development Understanding the capital asset gap and its implications Navigating tools like New Market Tax Credits Building institutional capacity for long-term sustainability The role of philanthropy and partnerships in scaling impact Leadership lessons from growing a national alliance Memorable Sound Bites "Without capital, impact is limited." "Certification signals investability." "Empathy shapes effective leadership."

    DT #634 Keep What You Grow: Smarter Business Retention Strategies

    Play Episode Listen Later Apr 1, 2026 37:33


    In this episode of Develop This!, Joi Cuartero Austin sits down with Eric Reader to explore one of the most overlooked—but most impactful—strategies in economic development: business retention. While recruitment often grabs headlines, Eric makes the case that real, sustainable community growth happens by supporting the businesses you already have. Through proactive relationship-building, early intervention, and consistent communication, local leaders can help small businesses not just survive—but thrive. This episode dives into practical, easy-to-implement strategies, from using simple tracking tools and AI to identifying early warning signs of distress. Eric also emphasizes the importance of celebrating small wins to build momentum and strengthen trust within the local business community. If you're looking to maximize your impact with limited time and resources, this conversation provides a clear roadmap for building a stronger, more resilient local economy—one relationship at a time. Key Takeaways Retention drives long-term growth more effectively than constant recruitment Proactive relationship-building is essential to understanding business needs Early intervention prevents closures and strengthens local economies Simple tools (like spreadsheets and AI) can dramatically improve tracking and insights Celebrating small wins builds trust and momentum within the business community Episode Highlights Why retention should be the foundation of any economic development strategy How to structure meaningful, ongoing conversations with business owners Recognizing early warning signs before businesses reach crisis point Practical ways to track business engagement and identify trends Leveraging technology to streamline retention efforts Busting common myths about business retention Strategies for maximizing impact with limited staff and time Memorable Sound Bites "Retention is where the real work is." "Ask about what's getting in the way." "Track your conversations and trends."

    Develop This! #631 Promise Programs: A Game-Changer for Workforce Development

    Play Episode Listen Later Mar 25, 2026 38:12


    Episode Summary In this episode of Develop This!, Dennis Fraise is joined by Katie Davenport and Rick Kiernan from Convergent Nonprofit Solutions to explore how Promise programs are reshaping workforce development and community growth. From nationally recognized models like the Kalamazoo Promise to emerging initiatives like the Greenwood Promise, these programs are creating long-term talent pipelines, expanding access to education, and driving economic competitiveness. If your community is looking for a proven strategy to attract talent, support students, and grow your economy, this episode delivers both inspiration and a roadmap. What You'll Learn Promise Programs as an Economic Development Strategy Why investing in students is investing in your workforce How Promise programs help attract and retain talent The connection between education access and economic growth Real-World Impact How the Kalamazoo Promise transformed a community The emotional and economic impact of the Greenwood Promise Why do these programs create multi-generational change How Promise Programs Work Scholarship structures and eligibility models Public-private funding strategies The role of philanthropy and community leadership Key insight: "Impact is proven and benefits are clear." The Role of Economic Development Organizations Convening partners across sectors Aligning education with workforce needs Leading long-term, sustainable initiatives Building a Successful Program Key ingredients: Strong community buy-in Clear, simple messaging Cross-sector partnerships Long-term funding strategy "There's no sense in recreating the wheel." Beyond Tuition: What Students Really Need Promise programs succeed when they go beyond funding: Transportation Social skills Mentorship and support systems "Transportation and social skills are critical." Getting Started in Your Community Learn from existing models like Kalamazoo Promise Engage key stakeholders early Build a coalition of funders and champions Focus on sustainability from day one

    DT #632 Rally Your Region: A New Playbook for Economic Development

    Play Episode Listen Later Mar 25, 2026 28:12


    In this episode of Develop This!, Dennis Fraise sits down with Mark Perna to explore "Rally Your Region," a powerful new initiative developed in partnership with the International Economic Development Council. Designed to help communities break through silos, build consensus, and take real action, Rally Your Region provides a structured, customizable framework to align stakeholders around a shared vision for economic and workforce success. If your region struggles to align education, employers, and community leaders, this episode offers a clear path forward. What You'll Learn The Concept Behind Rally Your Region Why regions need a central rally point to move forward How alignment drives measurable economic outcomes What makes this initiative different from traditional planning efforts Why Regional Collaboration Is So Hard Competing priorities across organizations Lack of shared goals and accountability The challenge of moving from discussion to action Building True Consensus How to create buy-in across sectors The importance of a shared "why" Turning agreement into execution Connecting Education and Workforce Why the education-to-employment pipeline is often broken How to better align: K-12 systems Higher education Employers Why mindset matters: "Young people are not a problem to be solved." The Power of a Rally Point At the core of the initiative is a simple but powerful idea: Create a rally point where everyone buys in A shared vision A common language A coordinated strategy Without it, regions remain fragmented. With it, they can move forward together. Actionable Steps for Your Community Identify key regional stakeholders Establish a neutral, trusted convening space Define shared priorities and goals Customize the Rally Your Region framework to fit your community Focus on implementation—not just planning Key Insights ✔ The world of work has fundamentally changed✔ Alignment is now more important than ever✔ Collaboration must lead to clear action steps✔ Workforce development is a regional challenge✔ Flexibility and customization are critical for success Memorable Sound Bites "Creating a rally point where everyone buys in." "The world has completely changed." "Young people are not a problem to be solved."  

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