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Regionalism & Public/Private Partnerships - Not a New Idea, But Still Underutilized

You?d be hard pressed to find someone who doesn?t support the idea of a regional approach to economic development. Most would agree that such an approach moves an area forward better than any one individual effort. Why then do we still have such a proliferation of independent organizations struggling to make an impact at a time when everyone seems to embrace the concept of ?Regionalism? and ?Public / Private Partnerships??

Unfortunately, it still boils down to attitudes of parochialism, selfishness, political agendas, empire building ?and the list goes on. As foolish as it sounds, the trend of going-it-alone in the economic development arena continues. By some estimates, there are more than 35,000 economic development groups in the US alone. Are there 35,000 regions, markets or even communities that truly require their own economic development effort?

When communities begin to think in terms of economic boundaries, rather than political or geographic ones, regions can be substantially more effective in attracting new investment. Let?s look at two Illinois regional economic development partnerships that seem to be working better than most.

In 1997, the Chicago Southland area suffered from a lack of regional thinking. New jobs, retained jobs, capital investment and the tax base all needed a boost. Growth in other Illinois regions was outpacing that of Chicago Southland significantly. Forward thinking area leaders knew things needed to change and fast. Three organizations, not known for working particularly well together, the Chicago Southland Chamber of Commerce, Chicago Southland Development, Inc. and...

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Top 10 Tips For Fundraising Success
Want to make more sales and have a more successful fundraiser? Check out these 10 tips!

Get Your Fundraiser Noticed
The popular saying "if you build it they will come" may be wishful thinking so don't assume that everyone will find out about your fundraiser. Make sure you get the word out ahead of time and make it as visible as possible. Here are four ideas to get you started.

How to Reach Your Fundraising Financial Goals
These simple tips will help you to maximize your profits.

6 Ways to Motivate Your Fundraising Group
Motivate your group members to maximize your profit.

What's The Scoop On Cookie Dough Fundraisers?
Cookie dough fundraising is becoming very popular with many fundraising groups today. It's no surprise, since freshly baked cookes are as easy to sell, as they are to eat!

Event Fundraising Ideas
Have you thought about how much money you can raise doing a special event? Check out these ideas!