Business Growth and Attraction Initiatives

Active:

  • Implement region’s technology strategy – NorTech
  • Develop targeted industries – NorTech’s Technology Leaders Group
  • Support for high potential start-ups – JumpStart
  • Accelerate bioscience industry growth – BioEnterprise
  • Attract and expand high-growth businesses – TeamNEO
  • Improve manufacturing competitiveness – MAGNET

Planned Initiatives for 2007:

  • Attract more growing companies to the region through the Regional Marketing Alliance to be led by the region’s chambers of commerce, convention and visitors bureaus, and economic development organizations
  • Increase availability of funding for start-up companies through the Early Stage Capital Initiative to be led by NorTech, BioEnterprise and JumpStart

Potential Initiatives Beyond 2007:

  • Develop entrepreneurial support services for small business owners
  • Create a Global Attraction Alliance to establish the region as a gateway for international companies