10 Tips for Starting an Economic Gardening Project
It has been a while since we've blogged news about Mile High Biz. Not to worry; we're so busy over here preparing for Buy Local Week and the expansion of our Colorado Local First campaign.
But MHBA member The Business Catapult sent over a couple of awesome white papers written by Christine Hamilton-Pennell, Founder of Growing Local Economies. I'm so excited to uncover even more expertise in our community! Take a look at her white paper on 10 Tips for Implementing an Economic Gardening Project.
What is "economic gardening," you say? In the paper, Christine states: "Economic gardening is an entrepreneurial approach to economic development that seeks to grow the local economy by creating a nurturing environment for local entrepreneurs to flourish. It is different from “job hunting,” the business recruitment approach, which often depends on providing incentives to bring in an outside company. Yet, economic gardening is not the antithesis of business recruiting; it simply recognizes that more than 90% of new jobs will come from either the expansion of existing firms or the creation of new enterprises."
These are the kinds of ideas that we seek to test, nurture and expand to create a more connected, more stable, more healthy local economy.
But MHBA member The Business Catapult sent over a couple of awesome white papers written by Christine Hamilton-Pennell, Founder of Growing Local Economies. I'm so excited to uncover even more expertise in our community! Take a look at her white paper on 10 Tips for Implementing an Economic Gardening Project.
What is "economic gardening," you say? In the paper, Christine states: "Economic gardening is an entrepreneurial approach to economic development that seeks to grow the local economy by creating a nurturing environment for local entrepreneurs to flourish. It is different from “job hunting,” the business recruitment approach, which often depends on providing incentives to bring in an outside company. Yet, economic gardening is not the antithesis of business recruiting; it simply recognizes that more than 90% of new jobs will come from either the expansion of existing firms or the creation of new enterprises."
These are the kinds of ideas that we seek to test, nurture and expand to create a more connected, more stable, more healthy local economy.
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