Develop This: Economic and Community Development
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 thought leaders.
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DT #570 The Rise of the Fun Economy & AI's Role in Shaping the Future - Jared Smith and Dr. Bo Bernhard
06/11/2025
DT #570 The Rise of the Fun Economy & AI's Role in Shaping the Future - Jared Smith and Dr. Bo Bernhard
Summary In this episode of the Develop This Podcast, host Dennis engages with and to discuss the concept of the fun economy, its impact on economic development, and the role of artificial intelligence in shaping future trends. They explore how the fun economy, which encompasses tourism, sports, and entertainment, is becoming a significant driver of global economic growth, especially with the rise of the middle class. The conversation also delves into the challenges faced by economic developers in uncertain times and the importance of leveraging unique regional assets. Finally, they reflect on the potential of AI to enhance economic development practices while acknowledging the need for ethical considerations. Takeaways The fun economy includes tourism, sports, and entertainment. 14% of the global economy is driven by the fun economy. The rise of the middle class is reshaping consumer behavior. Experiences contribute more to happiness than material possessions. Economic developers should focus on business certainty. AI can streamline economic development processes. Younger generations are more ethically aware and innovative. Las Vegas serves as a model for leveraging the fun economy. Public-private partnerships are crucial for economic growth. The future of economic development looks promising despite challenges.
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DT #568 Unlocking Funding Potential for EDOs - Brian Abernathy Convergent Non Profit Solutions
06/04/2025
DT #568 Unlocking Funding Potential for EDOs - Brian Abernathy Convergent Non Profit Solutions
Summary In this episode of Develop This Podcast, Dennis Fraise interviews , General Manager of , discussing the importance of revenue benchmarking for Economic Development Organizations (EDOs). They explore how public-private partnerships have become best practices in funding, the methodology behind revenue benchmarking studies, and the significance of analyzing sector representation in funding sources. The conversation emphasizes the need for effective communication and long-term strategies in economic development. Takeaways Convergent specializes in fundraising planning and consulting for nonprofits. Revenue benchmarking helps EDOs understand their funding structure. Public-private partnerships enhance funding opportunities for EDOs. Data analysis reveals unique areas of opportunity for revenue. Diversity in funding sources is crucial for sustainability. Comparative analysis helps EDOs identify gaps in funding. The benchmarking process takes about four to six weeks. Effective communication builds trust with funders over time. Feasibility studies validate funding opportunities for EDOs. Long-term strategies are essential for successful economic development.
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DT #569 Breathing Life into Rural: Inside the IEDC Rural Retreat (with Main Street America)
06/04/2025
DT #569 Breathing Life into Rural: Inside the IEDC Rural Retreat (with Main Street America)
is joined by , Director of Illinois Main Street, and , Program Officer at , for a lively discussion about the upcoming in Great Falls, Montana. This first-of-its-kind event by the International Economic Development Council is designed specifically for professionals working in rural and tribal communities—and the format is anything but typical. The team dives into what makes this retreat unique, including Spark Talks and immersive, on-the-ground experiences that trade PowerPoints for people-powered stories. Together, we explore: What rural really means (spoiler: it’s not just a population number) The challenges and opportunities unique to rural economic development How local Main Street communities are using tools like TIF/BID/SSA, and placemaking to transform downtowns and riverfronts Why entrepreneurial ecosystems, creative space use, and hybrid business models are gaining traction How tools like the BOOMS Tracker help communities separate myth from reality and take control of revitalization We also preview the three immersive tours led by Main Street America staff: Small-Town Startups with Global Spark (Conrad, MT) Breathing Life into Main Street (Downtown Great Falls) Riverfront Revival on the Missouri (West Bank Landing) Finally, we reflect on what participants will take home from this rural retreat, the importance of building relationships across sectors, and why people—not just policies—are the real spark behind rural revitalization.
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DT #567 The Future of Work: Engaging Gen Z - Mark Perna
05/28/2025
DT #567 The Future of Work: Engaging Gen Z - Mark Perna
Summary In this episode, Dennis and delve into the complexities of , exploring the misconceptions surrounding their work ethic, engagement, and aspirations. They discuss the impact of technology, particularly AI, on this generation and the challenges leaders face in connecting with young people. The conversation emphasizes the need for relevance and purpose in education and employment, urging a shift in perspective to better engage and empower the youth. Takeaways Gen Z is often misunderstood and labeled as lazy. Each generation has its unique characteristics and challenges. Technology is reshaping how younger generations think and work. Gen Z values relevance and purpose in their work. A significant percentage of Gen Z does not aspire to leadership roles. AI will play a crucial role in the future workforce. Young people refuse to waste their time on unfulfilling tasks. Leadership styles need to adapt to engage younger generations. There is a disconnect between older generations and Gen Z's expectations. Building a human connection is essential for engaging young people.
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DT #566 The Power of Collaboration in Economic Development - Tiffany Tauscheck President & CEO of Greater Des Moines Partnership
05/21/2025
DT #566 The Power of Collaboration in Economic Development - Tiffany Tauscheck President & CEO of Greater Des Moines Partnership
Summary In this episode of the Develop This Podcast, Dennis Fraise interviews , the president and CEO of the . They discuss the organization's role in economic and community development across 12 counties in Iowa, highlighting the importance of collaboration among diverse stakeholders. Tiffany shares insights into the current economic climate, key industries driving growth, and the challenges and opportunities faced by the partnership. The conversation also touches on the significance of engaging rural communities, the power of regional collaboration, and Tiffany's leadership style. Takeaways The Greater Des Moines Partnership focuses on economic and community development. Collaboration across jurisdictions is key to success. The region has seen significant growth in economic development projects. Key industries include finance, manufacturing, and agriculture. Engaging rural communities is essential for regional cohesion. Listening tours helped identify community needs and foster relationships. The exemplifies successful regional collaboration. Talent recruitment and retention are ongoing priorities. The organization is committed to pro-growth strategies. Strong leadership and team dynamics are crucial for achieving goals.
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DT #565 Building Bridges: Education and Industry - Ron Cole, President of Allegheny College
05/21/2025
DT #565 Building Bridges: Education and Industry - Ron Cole, President of Allegheny College
Summary In this episode of the Develop This Podcast, Dennis Fraise interviews , PhD, the President of . They discuss the unique aspects of Allegheny College's liberal arts education, the importance of adapting to workforce needs, and the college's initiatives to engage with the local community and industry. Ron shares insights on the relevance of education in today's economy, the establishment of micro credentials, and the collaborative efforts with local businesses to enhance economic development in Meadville, Pennsylvania. The conversation highlights the significance of community partnerships and the role of higher education in fostering a thriving local economy. Takeaways Allegheny College offers a distinctive curriculum with major and minor combinations. Liberal arts education equips students with problem-solving and communication skills. Micro credentials are integrated into the curriculum to enhance employability. Industry partnerships are essential for aligning education with workforce needs. Community engagement is a priority for Allegheny College. The supports local economic development. Building relationships with local businesses is crucial for success. The connects students with real-world challenges. The aims to enhance the local downtown area. Listening to community needs is key to effective collaboration.
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DT #563 Exploring Roswell Georgia: A Hidden Gem & How to Effectively Use the Whova App at Conferences
05/14/2025
DT #563 Exploring Roswell Georgia: A Hidden Gem & How to Effectively Use the Whova App at Conferences
In this episode of the Develop This Podcast, Dennis Fraise interviews , the president and CEO of ., about the economic landscape of Roswell, Georgia, and the importance of strategic economic development. Steve shares insights into the city's growth. Steve also explains the role of the in enhancing networking at conferences and offers advice for maximizing conference experiences. The conversation highlights the significance of being present and engaged in both economic development and networking opportunities. Takeaways Roswell is a key economic driver in Fulton County. The city has a significant concentration of car sales. Healthcare is the leading industry in Roswell. Strategic targeting is essential for economic development. The Whova app enhances networking at conferences. Engagement in the app can lead to valuable connections. Being present at conferences is crucial for success. Networking should be purposeful and focused. First-time attendees should have clear objectives. Competition in networking can motivate engagement.
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DT #564 Tourism Is the First Date: Falling in Love With a Place – Reflections from Main Street Now in Philadelphia
05/14/2025
DT #564 Tourism Is the First Date: Falling in Love With a Place – Reflections from Main Street Now in Philadelphia
Episode Summary: In this Develop This! episode, is joined by , Director of , to reflect on the in Philadelphia—and explore how communities can spark connection and belonging with visitors. From bike rides through vibrant neighborhoods to high-energy welcomes from Philadelphia Mayor Cherelle Parker and Pennsylvania Governor Josh Shapiro, this year’s conference was more than just workshops—it was a fully immersive experience. Joi and Erik dive into how the conference format continues to evolve to inspire, connect, and equip economic development leaders. But beyond the conference buzz, the conversation turns to a bigger idea: What does it take for someone to fall in love with a place? Borrowing a tourism favorite—"the first date" analogy—the duo explores how a community’s vibe, downtown experience, and sense of hospitality can move someone from visitor to investor, new resident, or lifelong champion. Key Topics Covered: Highlights from Main Street Now 2025 in Philly Why Philadelphia felt like a “meet-cute” for many attendees How tourism can be the first step toward economic investment and relocation What makes downtowns powerful catalysts for community connection Practical strategies to make visitors feel welcomed and want to come back The role of hospitality, local partnerships, and intentional follow-up Building long-term relationships: from first impression to belonging "Those who visit first are more likely to return, invest, or even call your community home—so roll out the red carpet."
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DT # 562 Exploring Odessa, Texas: A Hub of Economic Development - Tom Manskey
05/07/2025
DT # 562 Exploring Odessa, Texas: A Hub of Economic Development - Tom Manskey
Summary In this episode of Develop This, Dennis Fraise speaks with , the Director of Economic Development for the . They discuss the unique economic landscape of Odessa, Texas, especially its reliance on the oil and gas industry, the importance of diversifying the economy, and the emerging focus on green energy initiatives. Tom shares insights into the growth of the healthcare and education sectors, the community's quality of life, and the challenges and opportunities presented by the current economic conditions. The conversation highlights Odessa's potential for future growth and development. Takeaways Odessa is a significant player in the oil and gas industry, contributing 40% of the U.S. output. Economic diversification is crucial for Odessa's long-term sustainability. The Permian Basin has a rich history and a promising future in energy production. Green energy initiatives are gaining traction in Texas, complementing traditional energy sources. A major direct air carbon capture facility is being developed in Odessa. The healthcare and education sectors are growing rapidly in the region. Quality of life improvements are essential for attracting new residents and businesses. Workforce development is a priority to meet the needs of local employers. Odessa's community spirit and work ethic are key assets for economic development. The future of Odessa looks bright with ongoing projects and investments.
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DT #561 Economic Development Leadership Insights from Jim Fram
05/07/2025
DT #561 Economic Development Leadership Insights from Jim Fram
Summary In this episode of the Develop This Podcast, host Dennis Fraise interviews , a seasoned economic development professional with over 30 years of experience. They discuss Jim's leadership style, the importance of listening, adapting to different community needs, and the significance of accreditation in economic development organizations. Jim shares insights on the pitfalls young leaders face, the value of volunteering, and his transition into consulting after retirement. The conversation concludes with Jim emphasizing the importance of benchmarking and continuous learning in leadership. Consultant & Economic Development LeaderConsultant & Economic Development Leader Takeaways Jim Fram is a highly accomplished economic development professional. Leadership is often only evident when it is poor. Listening more than talking is crucial for effective leadership. Adapting leadership style to different communities is essential. Young leaders should avoid making sudden moves. Accreditation validates organizational practices and ethics. Personal credentials enhance professional reputation. Volunteering allows experienced leaders to give back. Consulting can be a fulfilling post-retirement career. Benchmarking with other organizations is vital for growth.
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DT #559 Achieving AEDO Accreditation: A Journey of Excellence - Bill Cronin
04/30/2025
DT #559 Achieving AEDO Accreditation: A Journey of Excellence - Bill Cronin
Summary In this episode of the Develop This Podcast, Dennis Fraise interviews , the President and CEO of the . They discuss the Council’s recent achievement of becoming an . Bill shares insights into the motivations for pursuing AEDO accreditation, the rigorous application process, and the team's involvement. He emphasizes the significance of ethics training and explains the preparation required for the site visit, as well as the importance of engaging stakeholders. The conversation also highlights the recognition the organization has received from the community and offers advice for other organizations considering the AEDO process. Takeaways The AEDO accreditation is a significant achievement for economic development organizations. Accreditation provides a quality seal of approval for organizations. The application process requires thorough documentation and team collaboration. Ethics training is an essential component of the accreditation process. Engaging stakeholders is crucial during the site visit preparation. The site visit allows for a comprehensive evaluation of the organization. Receiving the AEDO designation boosts morale and recognition within the community. Feedback from stakeholders can reveal positive aspects of the organization. The accreditation process encourages continuous improvement. Organizations should not hesitate to pursue AEDO accreditation.
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DT #560 Building a Rally Point in Your Community - Mark Perna
04/30/2025
DT #560 Building a Rally Point in Your Community - Mark Perna
Summary In this Develop This! episode, Dennis and discuss the crucial importance of uniting communities around shared goals and achieving genuine consensus. They explore the challenges of building consensus in a polarized world, the significance of understanding younger generations, and the necessity of delivering education with purpose. Mark emphasizes the need to break down silos and create a competitive advantage for communities by connecting education and employment. The conversation outlines actionable steps for transitioning from collaboration to consensus, ultimately fostering a thriving community. Takeaways A is essential for community progress. Understanding young people's perspectives is crucial for economic development. Consensus is necessary for actionable outcomes in communities. Collaboration without consensus leads to stagnation. Education must be relevant and purposeful to engage younger generations. Communities need to connect educational pipelines to workforce needs. Passion is found through resilience and grit, not just interest. Breaking down silos is key to community growth and development. Hope can be cultivated through actionable steps and understanding. Engaging young people can transform community dynamics.
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DT #557 Building Bridges: The St. Louis BRE Initiative
04/23/2025
DT #557 Building Bridges: The St. Louis BRE Initiative
Summary In this episode of the Develop This podcast, Dennis interviews , the Vice President of Business Development for the . They discuss the importance of business retention and expansion (BRE) programs, particularly the innovative regional BRE committee established during the pandemic. Jason shares insights on building trust among economic development partners, the structure of their outreach efforts, and the challenges faced in maintaining collaboration. The conversation highlights the significance of data collection, quantifying success, and practical advice for other organizations looking to implement similar initiatives. Takeaways The St. Louis Partnership focuses on economic development for the city and county. Business retention and expansion (BRE) is a key pillar of economic development. The regional BRE committee was formed during the pandemic to enhance outreach efforts. Trust-building among economic development partners is crucial for collaboration. Companies appreciate streamlined communication from multiple agencies in one meeting. Regular meetings and centralized scheduling improve efficiency in outreach. Data collection is essential for understanding company needs and measuring success. Challenges include managing outreach frequency and overcoming company hesitance. Formalizing processes can help in establishing effective BRE programs. Sharing success metrics fosters accountability and collaboration among partners.
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DT #558 Unlocking Economic Development: The OUEDI Experience - Courtney Dunbar
04/23/2025
DT #558 Unlocking Economic Development: The OUEDI Experience - Courtney Dunbar
Summary In this episode of the Develop This Podcast, Dennis Fraise interviews , the Dean of the They discuss the importance of OUEDI in promoting knowledge in economic development, the program's structure and curriculum, and the unique experiences it offers. Courtney highlights the significance of networking and mentorship in the field, emphasizing that learning from experienced practitioners is invaluable. She also notes the lasting connections that participants form during the program and encourages listeners to consider enrolling in OUEDI for their professional growth. Takeaways OUEDI provides a platform for mid-career economic developers to enhance their skills. Networking is a key benefit of attending OUEDI, fostering lifelong connections. The curriculum includes core areas and electives tailored to individual interests. Instructors at OUEDI are experienced practitioners, not just academics. The program prepares students for certification and real-world application. OUEDI emphasizes mentorship and support for students during and after the program. The experience at OUEDI is designed to be collaborative and engaging. Students leave with practical knowledge applicable to their communities. OUEDI has a close relationship with IEDC, enhancing the curriculum. Graduating from OUEDI is seen as a significant accomplishment in the field.
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DT #555 Understanding Agriculture and Egg Prices in America - Iowa Secretary of Agriculture Mike Naig
04/16/2025
DT #555 Understanding Agriculture and Egg Prices in America - Iowa Secretary of Agriculture Mike Naig
Summary In this episode of Develop This, discusses his journey to his current role, the importance of Iowa's agricultural production, and the challenges faced by farmers today. He emphasizes the balance between increasing agricultural output and sustainable land stewardship, the impact of tariffs on agriculture, and the safety nets in place for farmers. Naig also addresses the challenges in the egg production industry, particularly due to , and the consolidation within the industry. He concludes with a call for greater consumer awareness and appreciation for the work of farmers. Takeaways Mike Naig has served as Iowa's Secretary of Agriculture since 2018. Iowa ranks second in agricultural production in the U.S., only behind California. The Iowa Department of Agriculture focuses on land stewardship, food safety, and consumer protection. Farmers face significant challenges, including weather and market fluctuations. Tariffs can disrupt agricultural markets and impact prices. The farm safety net is crucial for maintaining food security in the U.S. Egg prices have risen due to increased production costs and avian influenza outbreaks. Avian influenza has led to significant losses in poultry production. Consolidation in the egg industry has raised concerns about profit distribution. Consumer awareness of agricultural processes is essential for supporting farmers.
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DT #556 The “Why” Behind Downtown Revitalization Strategies: Building Community from the Ground Up
04/16/2025
DT #556 The “Why” Behind Downtown Revitalization Strategies: Building Community from the Ground Up
In this episode, sits down with , director of Illinois Main Street, to explore how communities are shaping effective downtown economic development strategies—and more importantly, why these strategies work in their specific context. From humble beginnings rooted in community engagement to long-term sustainability planning, this conversation unpacks the real-world process of revitalizing a downtown district with purpose, people, and partnerships. “You’ve got to bring people alongside—not just for buy-in, but for co-ownership.” 1. Think long-term: strategies should outlast leadership transitions 2. Build programs that allow public and private sectors to partner meaningfully 3. Listen deeply: alignment with people is as important as alignment with funding 4. Track the vibe: excitement, curiosity, and positivity are leading indicators of success Laying the Groundwork 1. The importance of starting with community development 2. Strategies to build momentum and foster ownership 3. Engaging leaders, stakeholders, and residents in authentic ways The Strategy in Action 1. What communities are doing to activate and sustain downtown revitalization 2. The critical role of funding, partnerships, and shared leadership 3. Empowering people through collaboration and participation Understanding the “Why” 1. Why certain strategies are successful in some places and not in others 2. How to align initiatives with local identity, values, and funding tools like TIF 3. The power of ego-free partnerships and sustainability planning Results & Reflections 1. Indicators that show a community is on the right path 2. Stories of energy, enthusiasm, and openness to change 3. Lessons learned from communities that are building trust and momentum
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DT #553 Explosive Growth in Pasco County, Florida: Opportunities and Challenges
04/09/2025
DT #553 Explosive Growth in Pasco County, Florida: Opportunities and Challenges
Summary In this episode, Dennis Fraise speaks with , the President and CEO of the , about the explosive growth in Pasco County, Florida. They discuss the opportunities and challenges that come with rapid development, the evolution of the local economy, and the importance of balancing growth with community needs. Bill shares insights on how the county has transformed from a bedroom community to a hub for new industries, the impact of COVID-19 on migration patterns, and the necessity of strategic planning to ensure sustainable growth. The conversation also touches on the importance of partnerships, workforce development, and the vision for Pasco County's future. Takeaways Pasco County is experiencing rapid growth, being the third fastest growing county in the U.S. The growth has been significantly influenced by the COVID-19 pandemic, with people seeking more space. Pasco has transitioned from a bedroom community to a more diverse economy. The county is focusing on creating jobs locally to reduce commuting and congestion. Balancing density with quality of life is crucial for sustainable development. Gentrification and transportation issues are significant challenges that need addressing. The economic development strategy must evolve to meet the changing needs of the community. Collaboration with various stakeholders is essential for effective economic development. Investing in the younger generation is vital for future growth and sustainability. The future vision for Pasco County includes a focus on life sciences and environmental conservation.
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DT #554 Navigating the Complexities of Tariffs on the North American Auto Industry - Flavio Volpe
04/09/2025
DT #554 Navigating the Complexities of Tariffs on the North American Auto Industry - Flavio Volpe
Summary In this episode of Develop This, Dennis Fraise speaks with , president of the in Canada. They discuss the historical ties between the Canadian and US automotive industries, the integration of the North American auto supply chain, the current state of tariffs and their impact on the industry, and the future of the Canadian auto parts sector. Flavio emphasizes the importance of collaboration and understanding between the two countries to navigate the complexities of trade and tariffs. Takeaways Flavio Volpe is the president of the APMA, representing Canada's automotive sector. The historical relationship between Canada and the US auto industries dates back to 1904. Canada plays a significant role in the North American auto supply chain, with many parts crossing borders multiple times. Tariffs imposed on auto parts can severely impact the industry, threatening jobs and production. The Canadian auto parts industry is intricately tied to US and Mexican operations, employing thousands across North America. Free trade agreements have allowed for significant investment and growth in the Canadian auto sector. The integration of the automotive supply chain means that parts come from various countries, not just the US and Canada. The future of the Canadian auto parts industry depends on maintaining strong trade relations with the US. Trust and collaboration are essential for navigating the current trade environment. The Canadian auto sector has a symbiotic relationship with the US, and both countries benefit from this partnership.
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DT #551 Unlocking the Power of Questions - Mark Perna
04/02/2025
DT #551 Unlocking the Power of Questions - Mark Perna
Summary In this conversation, Dennis and explore the significance of asking better questions in various contexts, particularly in leadership and personal interactions. They discuss how effective questioning can lead to deeper understanding, stronger relationships, and improved communication. The dialogue emphasizes the importance of emotional intelligence, curiosity, and the art of engaging conversations, while also addressing the challenges of navigating difficult discussions. Throughout the conversation, they highlight practical strategies for enhancing questioning skills and building rapport with others. Takeaways Asking better questions starts with understanding. Questions should be enjoyable for both parties. Emotional intelligence is crucial in questioning. The art of questioning involves genuine curiosity. Difficult conversations can lead to valuable insights. Building rapport is essential for effective communication. Effective questioning is a skill that can be honed. Curiosity drives better engagement in conversations. Asking uncomfortable questions is sometimes necessary. Creating connections is key to successful leadership.
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DT #552 The National Rural Economic Developers Association (NREDA)
04/02/2025
DT #552 The National Rural Economic Developers Association (NREDA)
Summary In this episode of the Develop This Podcast, host Dennis Fraise speaks with , the president of the (NREDA). They discuss the unique challenges and opportunities faced by rural economic developers, the importance of community relationships, and the benefits of NREDA membership. Lisa shares insights about York County, Nebraska, and the organization's efforts to support economic development across rural America. The conversation also touches on the upcoming and the significance of networking and professional development. Takeaways Rural communities often face unique economic development challenges. NREDA serves over 330 members across 35 states. Funding is a significant issue for small communities. Diversity in projects keeps economic developers engaged. Small-town politics can be challenging but manageable. NREDA provides valuable training and networking opportunities. The annual conference is a key event for members. Mobile classrooms offer hands-on learning experiences. Building relationships is crucial in small communities. Economic development impacts families and communities directly.
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DT #549 Understanding the Impact of Tariffs on the Can Manufacturing Industry
03/26/2025
DT #549 Understanding the Impact of Tariffs on the Can Manufacturing Industry
Summary This Develop This! episode delves into the complexities of tariffs and their impact on the can manufacturing industry in the United States. Dennis Fraise hosts R, CEO and Chairman of the Board of the , and , President of the , to discuss the historical context of tariffs, the current state of the industry, and the challenges faced by manufacturers. The discussion highlights the importance of understanding how tariffs affect not only businesses but also consumers and the potential for reshoring manufacturing in the U.S. amidst ongoing economic challenges. Takeaways Tariffs significantly impact the cost structure of can manufacturing. The can industry is a vital yet often overlooked part of the food supply chain. Economic developers play a crucial role in advocating for the can manufacturing sector. The current tariff regime is complex and constantly changing. Manufacturers are facing unprecedented challenges due to tariffs and material sourcing issues. Sustainability and recycling are key advantages for the can industry. The consumer will ultimately bear the cost of increased tariffs. Investment in domestic manufacturing capacity is essential for future stability. Collaboration between manufacturers and policymakers is necessary to address tariff impacts.
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DT #550 Preview of the 2025 IEDC Rural Retreat in Great Falls, Montana
03/26/2025
DT #550 Preview of the 2025 IEDC Rural Retreat in Great Falls, Montana
Summary In this episode of the Develop This! Podcast, Dennis Fraise interviews and from the about the upcoming 2025 IEDC Rural Retreat. They discuss the unique features of the retreat, which focuses on rural economic development and offers immersive experiences. Attendees will have the chance to engage with local entrepreneurs and communities. The conversation emphasizes the importance of addressing the specific needs of rural areas and outlines various planned activities for the retreat, including tours, networking opportunities, and visits to local attractions. Takeaways The Great Falls Development Authority focuses on diversifying the regional economy. The 2025 IDC Rural Retreat aims to address the unique needs of rural communities. Immersive experiences will allow attendees to engage with local entrepreneurs. The retreat will feature both plenary sessions and community tours. Participants will have the opportunity to learn from successful rural initiatives. Networking opportunities will be abundant, fostering collaboration among attendees. The retreat will include various tracks focusing on different aspects of economic development. Great Falls is home to significant agricultural and manufacturing sectors. Local attractions include stunning natural landscapes and historical sites. The retreat encourages attendees to bring back valuable tools for their communities.
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DT #547 Leadership Lessons from a Lifetime in Economic Development - Michael Langley
03/19/2025
DT #547 Leadership Lessons from a Lifetime in Economic Development - Michael Langley
Summary In this episode of the Develop This Podcast, host interviews , a distinguished figure in economic development and recipient of the 2025 Lifetime Achievement Award from the . The conversation explores Michael's journey from military service as a naval aviator to a successful career in corporate America and, ultimately, to his impactful role in economic development. Michael shares valuable insights on leadership, the importance of community engagement, and the evolving landscape of economic development, particularly in light of technological advancements and current political challenges. He emphasizes the need for patience among young leaders and the significance of collaboration across various sectors to achieve economic success. Takeaways Michael Langley's military background provided essential leadership skills. Transitioning from military to corporate to economic development is a unique journey. Engaging community champions is crucial for economic development success. Understanding regional strengths and weaknesses is key to effective leadership. Collaboration among public, private, and nonprofit sectors is foundational for economic development. Listening and delegation are vital skills for effective leadership. Young leaders should practice patience and gain experience before advancing. Technology and AI are transforming the economic development landscape. Economic developers must guide elected officials through political challenges. Building bridges within the community fosters support for economic initiatives.
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DT #548 The Impact of increased U.S. Tariffs on International Trade and the U.S. economy - David Gantz
03/19/2025
DT #548 The Impact of increased U.S. Tariffs on International Trade and the U.S. economy - David Gantz
Summary In this episode of Develop This Podcast, interviews , a trade law expert, to discuss the current state of tariffs and international trade. They explore the chaotic nature of recent tariff threats and implementations, the historical context of trade agreements like and , and the implications of new tariffs on trade relationships with Canada, Mexico, and China. The conversation delves into the impact on consumers, manufacturing, and the long-term effects on US relations with Canada, Mexico, and China, as well as the greatly diminished role of the in global trade. Takeaways The current tariff situation is chaotic and rapidly changing. Historical tariffs like the 1930s Hawley-Smoot tariff are comparable to today's tariff levels on goods from Mexico, Canada, and China. NAFTA and USMCA have significantly shaped and improved trade relationships in North America for more than 30 years. New tariffs undermine and conflict with existing trade agreements such as the USMCA. Manufacturing shifts are influenced, inter alia, by tariff policies, both economic and political pressures, and the costs of altering supply chains. Consumers may face immediate price increases on their purchases due to tariffs imposed on Mexico and China generally, and imports of steel and aluminum from all foreign sources. Retaliatory tariffs from trading partners will escalate tensions and further disrupt trade. Long-term damage to US-Canada relations may take decades to repair. China is actively seeking new trade partnerships to mitigate US tariffs. The WTO's influence is waning as the U.S. and other countries pursue unilateral trade policies that conflict with basic WTO obligations.
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DT #545 Empowering Rural America: The Golden Shovel Approach
03/12/2025
DT #545 Empowering Rural America: The Golden Shovel Approach
Summary In this episode of the Develop This Podcast, Dennis Fraise speaks with , president of , about the importance of economic development in rural America. They discuss the agency's mission, the launch of the Rural America campaign, and key findings from a recent white paper on marketing strategies for rural communities. Bethany emphasizes the need for effective marketing strategies, social media's role, and storytelling's importance in economic development. They also touch on the significance of adequate funding and introduce the new website product designed for rural communities. Takeaways Golden Shovel Agency supports economic development in rural areas. The Rural America campaign aims to provide affordable solutions for small communities. Many economic development organizations lack a cohesive marketing strategy. A robust website is essential for effective marketing efforts. Social media consistency is crucial for community engagement. Economic development is evolving to include community development aspects. Measuring marketing success goes beyond website traffic. Adequate funding is vital for long-term marketing strategies. The Impact Local product offers affordable website solutions for rural communities. Storytelling is key to conveying a community's unique value proposition.
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DT #546 Recap and Review of the 2025 IEDC Leadership Summit
03/12/2025
DT #546 Recap and Review of the 2025 IEDC Leadership Summit
Summary In this episode of the Develop This Podcast, host Dennis Fraise is joined by contributing correspondents , , and to discuss their experiences at the recent held in Washington, DC. They reflect on the conference's location, programming, and the importance of networking and collaboration among economic developers. The group shares insights on various sessions, including data utilization, personal branding, and the impact of plenary speakers. They conclude with thoughts on the overall experience and future conferences. Takeaways The conference location in DC allowed for advocacy opportunities. Networking with colleagues was a highlight of the conference. Sessions focused on collaboration rather than traditional presentations. Data utilization is crucial for effective economic development. Personal branding is important for professional growth. Plenary sessions featured inspiring speakers from various fields. The conference emphasized learning from peers and sharing experiences. The hotel location facilitated easy access to key sites in DC. Future conferences will continue to explore innovative formats. Staying hydrated and comfortable is essential during conferences. Upcoming IEDC conferences
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DT #544 The Tariff Debate: Understanding Its Impact - Ryan Monarch Assistant Professor, Economics Department Syracuse University
03/03/2025
DT #544 The Tariff Debate: Understanding Its Impact - Ryan Monarch Assistant Professor, Economics Department Syracuse University
In this episode of the Develop This Podcast, Dennis Fraise interviews Assistant Professor, Economics Department , an expert in international trade and economics, to discuss the complexities of tariffs and their implications on the economy. The conversation covers the definition of tariffs, their historical context, their role in modern trade, and the economic and consumer impacts. Ryan explains how tariffs can affect supply chains, consumer choices, and the overall market dynamics while also addressing the political motivations behind tariff implementation. The discussion highlights the challenges and uncertainties businesses face in a fluctuating tariff environment and the long-term effects of such policies on the economy. Takeaways A tariff is an increase in the price of imported goods. Tariffs have been a source of government revenue since the founding of the US. President McKinley was known for his pro-tariff stance. Tariffs are used to protect domestic industries from foreign competition. The scale of tariffs under President Trump is unprecedented in modern history. Higher tariffs can lead to increased prices for consumers. Tariffs can disrupt established supply chains and consumer choices. The burden of tariffs often falls on US importers, not foreign producers. Economists generally believe that tariffs create more losers than winners. The long-term effects of tariffs on the economy can take years to understand fully. | Cleveland, Ohio | June 9–13, 2025 LEAP into innovative economic strategies on an in-person learning trip! will select teams, each consisting of 2-4 economic and community leaders from cities with populations between 50,000 and 500,000, to explore Community Wealth Building and Inclusive Capital in Cleveland, OH. In addition, participants will have the opportunity to create their own action plan to bring back to their city. Selected participants will have all travel expenses covered for this immersive learning experience. NGIN will also handle all trip logistics. Ryan Monarch researches buyer-supplier relationships in international trade and how the recent tariff war affected U.S. exports and supply chains. He served as a Principal Economist for the International Finance division of the Board of Governors of the Federal Reserve from 2014-2021. His work has been published in the Review of Economics and Statistics, the Journal of International Economics and other publications. His research has been cited by The Wall Street Journal, The New York Times, Bloomberg, The Economist and Reuters, among others. He received a Ph.D. in economics from the University of Michigan in 2014.
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DT #542 Building Your Dreams: A Lifelong Journey - Mark Perna
02/26/2025
DT #542 Building Your Dreams: A Lifelong Journey - Mark Perna
In this episode of Develop This, Dennis Fraise and discuss the importance of building one's dreams at any stage of life. They explore the distinction between interest and passion, emphasizing that while interest can be easily found, passion is cultivated over time through resilience and commitment. The conversation also highlights the significance of engagement and self-motivation in creating a competitive advantage in both personal and professional realms. Mark shares his philosophy of embracing discomfort and daring to dream, encouraging listeners to take actionable steps toward their goals. Takeaways You're either building your dream or someone else's. Life really begins when you carve out time for yourself. Interest is something you can trip over; passion is built over time. Show up five minutes early, stay five minutes late, and care. Be so good they can't ignore you. Dare to dream and embrace discomfort. You have all the time that there is; it's how you use it that matters. To stand out, do what others won't do. Say yes, and then figure out how. Inspiring young people is critically important for economic development.
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DT #543 Leadership Simplified: Enhancing Economic Development Organizations - Doug Van Dyke
02/26/2025
DT #543 Leadership Simplified: Enhancing Economic Development Organizations - Doug Van Dyke
In this episode of Develop This, Dennis Fraise speaks with , CEO of , about the intricacies of economic development organizations (EDCs). They discuss the role of EDCs, the pros and cons of regionalization, the challenges of collaboration, and the relationship between EDCs and chambers of commerce. Doug shares insights on strategic planning, executive coaching, and the importance of having a neutral party in discussions about regionalism. The conversation highlights the need for collaboration and the potential benefits of working together to enhance economic development efforts. Takeaways EDCs often require strategic planning, executive coaching, and team development. Regionalization can enhance collaboration but may also lead to competition among EDCs. Silos and ego can hinder effective regional collaboration. A neutral party can facilitate discussions and help align goals. Mission creep can occur when EDCs and chambers of commerce have differing focuses. Successful regional collaboration can lead to greater economic opportunities. EDCs should consider regionalization when scale can be advantageous. The relationship between EDCs and chambers of commerce can vary based on community needs. Effective communication and collaboration are essential for EDC's success. Leadership Simplified offers training and strategic planning services for EDCs.
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DT #540 These Free Programs are Changing How Cities Learn | Apply Now!
02/19/2025
DT #540 These Free Programs are Changing How Cities Learn | Apply Now!
In this episode of the Develop This podcast, Dennis Fraise and explore strategies for ensuring that economic development reaches every corner of a community. They discuss the various programs offered by the , including the , which is an all-expense paid professional development experience for economic and community leaders from smaller cities (up to 500,000) to learn from other small and midsized cities that are paving the way through collaboration and innovation. Applications for LEAP are open now and close March 10, 2025. Apply now at ! They also talk about , which provides technical assistance for project implementation; and the , NGIN’s biennial national gathering for city leaders. The conversation emphasizes the need for cross-sector collaboration and the significance of building relationships in economic development. Takeaways LEAP stands for Learn, Explore, Activate in Place. The LEAP program helps cities learn from each other. Cross-sector collaboration is crucial for economic development. The Economic Inclusion Incubator supports project implementation. Cityscape Summit gathers leaders from small and mid-sized cities. Building relationships is key in economic development. The LEAP program is an entry point for cities. The Economic Inclusion Incubator offers 12 months of support.
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