Econ Dev Show Podcast - Economic Development

Dane Carlson

Dane Carlson explores the strategies, ideas, and insights that are driving economic development forward into the future. You'll hear new insights from passionate ED's about their successes and struggles, and you'll learn from attraction and retention experts about how to apply actionable strategies inside your EDO. We'll help take your organization, your community, and your career to the next level.

  1. The Economic Development Handbook We All Needed with Glenn Athey

    3 DAYS AGO

    The Economic Development Handbook We All Needed with Glenn Athey

    In this episode of the Econ Dev Show Dane Carlson talks with Dr. Glenn Athey, author of The Local and Regional Economic Development Handbook, about what economic developers actually need to know to move from strategy to delivery. Glenn shares how growing up in northeast England during de-industrialization shaped his interest in regional economic development, why he wrote the book he wishes he had at the start of his career, and how practitioners can use international case studies without simply copying someone else’s playbook. The conversation covers action-oriented strategies, evidence that informs decisions instead of burying teams in data, the importance of local capacity, entrepreneurship support that prioritizes high-growth potential, and how sustainability can run through every part of economic development rather than sit off to the side. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers Keep a working reference shelf. Economic development is too broad to know everything cold. Have reliable resources you can dip into before meetings on unfamiliar topics. Read enough to participate intelligently. You do not have to become an expert overnight, but you should understand the basics well enough to ask good questions and add value. Turn strategy into an action plan. A useful strategy should say what the community will do, what it will keep doing, what happens next, and how success will be measured. Do not confuse data with analysis. Dashboards and tables are not the point. Ask, "So what does this mean, and what should we do differently?" Borrow proven ideas, then localize them. Most communities do not need to invent something brand new. Study what worked elsewhere, then adapt it to your own economy, assets, and constraints. Be more curious. Visit the neighboring community with the strong business center. Ask how their program works. Learn from people who are already doing the thing well. Know your community's real capacity. Big ambitions require people, skills, funding, and institutional ability. A plan that ignores delivery capacity is likely to become shelf art. Prioritize business support where you can add the most value. Lifestyle businesses, high-growth startups, exporters, and innovation-driven firms may all need help, but they do not all produce the same economic impact. Connect the functions. Investment attraction depends on workforce, sites, infrastructure, universities, entrepreneurship, planning, and policy. The best economic developers see how the pieces fit together. Build confidence across the whole field. Economic development touches strategy, business growth, workforce, sites, investment, inclusion, planning, and more. You do not need to know every topic perfectly, but you do need enough range to recognize how the pieces connect. Special Guest: Dr. Glenn Athey.

    30 min
  2. Why Economic Development Fundraising Matters More Than Ever with Brian Abernathy and Clint Nessmith

    4 MAY

    Why Economic Development Fundraising Matters More Than Ever with Brian Abernathy and Clint Nessmith

    In this episode of the Econ Dev Show Podcast, Dane Carlson talks with Brian Abernathy of Convergent and Clint Nessmith of Resource Development Group, now RDG, a Convergent Company, about the merger of two major economic development fundraising firms and what it means for chambers, EDOs, and community organizations. They discuss why economic development fundraising is becoming more critical, how campaigns are evolving beyond traditional jobs and investment metrics, and why organizations must make a clearer case for their value. Brian and Clint also explain how data, disciplined campaign execution, feasibility studies, and strong public-private partnerships can help communities fund the work required to compete. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers Make the value case clearer. Investors need to understand what your organization does, why it matters, and what outcomes their funding supports. Do not rely only on past success. A good track record helps, but each new campaign needs a fresh, specific, forward-looking reason to invest. Use data to strengthen your story. Fundraising works better when your case combines vision with evidence, benchmarks, campaign history, and measurable outcomes. Treat fundraising as strategy, not just revenue. A campaign should clarify priorities, align leadership, and sharpen the organization's role in the community. Run a feasibility study before a major campaign. Confidential investor feedback can reveal whether your campaign is ready, credible, and properly sized. Connect economic development to broader community needs. Workforce, housing, infrastructure, quality of life, and nonprofit capacity all affect competitiveness. Keep trusted relationships front and center. Funders support people and organizations they trust, especially when the work requires multi-year commitments. Show investors where their money goes. Be specific about programs, staff capacity, outcomes, timelines, and the practical work their support makes possible. Position your organization as a convener. EDOs and chambers often create value by bringing public, private, nonprofit, and education partners together around shared priorities. Prepare for more sophisticated funders. Investors are asking better questions. Be ready with a stronger narrative, better data, and a disciplined plan for execution. Special Guests: Brian Abernathy and Clint Nessmith.

    27 min
  3. Economic Development Isn’t What It Used to Be with Teresa Nortillo

    27 APR

    Economic Development Isn’t What It Used to Be with Teresa Nortillo

    In this episode of the Econ Dev Show, Dane Carlson talks with Teresa Nortillo, President of Eco Devo 360, about how economic development has evolved from a deal-focused discipline into a complex, ecosystem-driven practice. They explore how energy constraints, workforce skill gaps, and the need for rapid RFI responses are reshaping site selection, along with the growing importance of childcare, housing, and regional collaboration. Teresa also introduces the concept of ecosystem-based cost modeling, explains why many communities struggle to implement traditional consulting plans, and shares her mission to make high-quality economic development support accessible to under-resourced communities. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers Build a system to respond to RFIs within 48 hours or less Inventory your community's workforce by skills, not just occupations Develop relationships with utilities early, they are now deal drivers Map your full economic ecosystem including housing, childcare, and infrastructure Create or adopt a cost model to understand true location competitiveness Collaborate regionally instead of competing in isolation Identify and fill critical data gaps before prospects ask for them Prioritize implementation capacity, not just strategic planning documents Explore alternative revenue strategies beyond property and sales tax Invest in training and mentorship for newer economic development staff Special Guest: Teresa Nortillo.

    28 min
  4. How Oklahoma City Turned Voter Investment Into Real Growth with Christy Gillenwater

    13 APR

    How Oklahoma City Turned Voter Investment Into Real Growth with Christy Gillenwater

    In this episode of the Econ Dev Show, Dane Carlson talks with Christy Gillenwater, President and CEO of the Greater Oklahoma City Chamber, about how Oklahoma City has built sustained economic momentum through its unique MAPS program, a voter-approved, pay-as-you-go funding model for transformational community investments. Christy explains how decades of strategic spending on quality of place, infrastructure, and people have reshaped the city’s trajectory, enabled major wins like hosting Olympic events, and strengthened key industries such as aerospace, energy, and life sciences. The conversation also explores the power of business leadership engagement, the growing role of data and AI in economic development, and practical advice for communities looking to unlock their own growth. Like this show? Please leave us a review here. 10 Actionable Takeaways for Economic Developers Bundle major projects into a single, clear vision and take it to voters as one package. Avoid debt when possible and tie project execution directly to collected revenue. Invest consistently in quality of place, not just incentives or recruitment. Engage top CEOs as active partners, not just passive supporters. Build long-term strategies that evolve with community needs over decades. Use data continuously to reassess competitive positioning and refine strategy. Align economic development, tourism, and community development under one structure when possible. Focus on expanding existing industries and assets, not just chasing new ones. Leverage anchor institutions to guide sector strategy and investment. Treat community engagement as part of both planning and execution, not just a checkbox. Special Guest: Christy Gillenwater.

    31 min
  5. The Bermuda Triangle of Economic Development with David Parker

    6 APR

    The Bermuda Triangle of Economic Development with David Parker

    In this episode of the Econ Dev Show, Dane Carlson talks with David Parker of the Bermuda Business Development Agency about how a small island became a global powerhouse in reinsurance and is now strategically diversifying its economy. David explains Bermuda’s unique “triangle” of government, regulator, and private sector alignment, the role of regulatory innovation like sandboxes, and how the agency targets the right companies using data and intelligence. The conversation explores investment attraction, high-net-worth migration programs, and why Bermuda focuses less on competing broadly and more on being the obvious choice for specific industries and business models. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers Focus on becoming the best location for a specific niche instead of competing broadly. Align government, regulators, and private sector around a shared vision to create a unified value proposition. Use data and intelligence to target companies that are a strong fit rather than marketing to everyone. Build strong aftercare programs so existing companies become your best ambassadors. Develop regulatory flexibility (like sandboxes) to attract innovative industries. Think of your community as a launchpad into larger markets, not just a standalone market. Prioritize certainty and stability, especially when targeting global investors and firms. Engage high-net-worth individuals as network multipliers, not just direct investors. Invest in research capacity internally to guide strategy and outreach. Continuously advocate for policy and regulatory improvements to stay competitive. Special Guest: David Parker.

    27 min
  6. How a Town of 30,000 Competes (and Wins) in Economic Development with Tim Hanigan

    23 MAR

    How a Town of 30,000 Competes (and Wins) in Economic Development with Tim Hanigan

    In this episode of the Econ Dev Show, Dane Carlson talks with Tim Hanigan, CEO of the Aberdeen Development Corporation in Aberdeen, South Dakota, about how a rural community of 30,000 punches above its weight in economic development. Tim explains how Aberdeen leverages entrepreneurship, regional workforce draw, and value-added agriculture to build one of the most diverse micropolitan economies in the U.S. The conversation dives into practical tools like revolving loan funds, shovel-ready site development, and tight-knit community coordination, along with lessons learned from winning and losing projects. Tim also shares how rural economic developers must wear many hats, from childcare advocacy to housing and workforce development, and why knowing your limits and leaning into your strengths is key to long-term success. 10 Actionable Takeaways for Economic Developers Build your own toolbox early - Start small with tools like a revolving loan fund. Even modest contributions compound into real leverage over time. Have product ready before the prospect shows up - Shovel-ready sites win deals. If you're waiting until an RFI arrives, you're already behind. Sell your labor shed, not just your city limits - Expand your workforce story to include the full commuting region, not just population within city boundaries. Be honest about fit upfront - Disqualify bad-fit projects early. It saves time, builds credibility, and focuses your effort on winnable deals. Use speed as a competitive advantage - Quick answers, quick coordination, and quick decisions often beat larger incentive packages. Coordinate like one team, not multiple agencies - Eliminate friction between city, county, utilities, and partners so companies feel like there's "no wrong door." Invest in local companies, not just recruitment - Expansions from existing businesses can absorb sites faster and more reliably than outside recruitment. Treat workforce, housing, and childcare as core infrastructure - These are not side issues. They directly determine whether companies can hire and grow. Lean into what you actually do well - Don't try to win every project. Focus on industries and company sizes that match your real strengths. Own the outcome, even when you lose - Some deals fall apart for reasons outside your control. Learn what you can, adjust where possible, and keep moving. Like this show? Please leave us a review here — even one sentence helps! Special Guest: Tim Hanigan.

    24 min

About

Dane Carlson explores the strategies, ideas, and insights that are driving economic development forward into the future. You'll hear new insights from passionate ED's about their successes and struggles, and you'll learn from attraction and retention experts about how to apply actionable strategies inside your EDO. We'll help take your organization, your community, and your career to the next level.

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