ED-Central
Delivering practical resources for economic growth and prosperity.
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In This Issue
- Community Events Attract Visitors, Enhance Quality of Life
- Recognition Programs Build Community Pride
ED-Central welcomes article contributions from economic development practioners, researchers and consultants seeking to share practical ideas, tips, tools, methods, best practices and case studies for economic and tourism development practitioners, particularly those operating in small, rural and/or underserved communities.
Athens, Texas was doing well. They had a fairly diversified manufacturing base that was generating good quality, higher paying jobs. Not bad for a historically agricultural community of just over 11,000 in the rolling hills of Northeast Texas. Then a key business was bought out and moved away, setting in motion a domino effect of lost business among Athens' medical manufacturing base. Athens Economic Development Corporation owned a building that was vacated after a tenet invested more than a million dollars in the facility. Athens had a unique facility, a well educated workforce and a strong desire to regain and keep control of its economic destiny. Out of adversity Athens found inspiration and with the help of good friends at the local, state and national level, Athens EDC has brought about a wave of change that today has Athens sitting atop a quiet powerhouse for medical device development that is creating jobs and businesses alike.
Community Events Attract Visitors, Enhance Quality of Life
Whether it’s a community theater, open mic night or youth rodeo, community events add significantly to the quality of life in any place and they can also be a great draw to attract visitors. Promote your community events broadly and invite visitors to join in the local festivities. An online events calendar on your CVB web site and posters displayed in local hotels and restaurants are both effective tools for getting the word out and the people in.
Recognition Programs Build Community Pride
Beautification is key to establishing and maintaining a consistent, quality experience for residents and visitors alike. Establishing recognition programs that reward individuals and businesses for efforts to clean up and/or beautify landscapes, buildings, parks, homes and business establishments help to establish a sense of pride in community. Individuals might be rewarded with a small grant to offset costs and businesses might benefit from free publicity in the local paper. Yard signs mark the spot and provide a public example of the type of effort worthy of recognition.
Authors are encouraged to review the contents of www.ED-Central.com and the articles in the resource library to gain a sense of the level of technical detail and tone desired.
ED-Central gladly accepts previously published works from authors who own rights to publish such works. Copyright will be noted on individual articles as directly by the author.
Topics
Articles should present practical ideas, tips, tools, methods, best practices and case studies for economic and tourism development practitioners, particularly those operating in small, rural and/or underserved communities.
Length
While no word limit is strictly enforced, authors are encouraged to limit articles to 1500 to 2000 words. Abstracts or executive summaries are encouraged. Articles may be as brief as 500 to 750 words, particularly if presenting ideas or tips.
Articles selected as feature articles in the ED-Central Monthly e-newsletter may be edited for length and/or an executive summary may be requested.
ED-Central editorial staff will work with authors to review and edit all articles as needed prior to publishing in the Economic Development Resource Library or distributing in the monthly newsletter.
File Format
Upon review and acceptance, articles should be presented in Microsoft Word or plain text format with supporting images included as jpeg or gif files.
Author Recognition
Author's name, title, affiliation and contact information will appear as an editorial note at the end of each article.
Author's brief biography and photograph will be included in the contributors section of the site.
Authors will have the opportunity be added to the upcoming ED-Central Speakers Bureau as a subject matter expert.
Authors may be invited to serve as faculty at TEEX and/or AdventGX affiliated educational and training seminars.
Athens, Texas was doing well. They had a fairly diversified manufacturing base that was generating good quality, higher paying jobs. Not bad for a historically agricultural community of just over 11,000 in the rolling hills of Northeast Texas. Then a key business was bought out and moved away, setting in motion a domino effect of lost business among Athens' medical manufacturing base. Athens Economic Development Corporation owned a building that was vacated after a tenet invested more than a million dollars in the facility. Athens had a unique facility, a well educated workforce and a strong desire to regain and keep control of its economic destiny. Out of adversity Athens found inspiration and with the help of good friends at the local, state and national level, Athens EDC has brought about a wave of change that today has Athens sitting atop a quiet powerhouse for medical device development that is creating jobs and businesses alike.
From Idea to Reality
Having endured the loss of a string of businesses, Athens was eager to establish a means of better controlling its own destiny. Community leaders took the time to stop and ponder their situation - think about what they had and allowed themselves to dream about the possibilities. A vision for a business that would nurture other businesses emerged and the concept for the Biotech Manufacturing Center (BMC) of Texas was born. The BMC would be a unique kind of business incubator, providing facilities and technology development programs. The BMC provides a business model for new medical devices from the first stages of ideas, to prototype to product. The company – a locally owned non-profit - would take advantage of the local community college and train its workforce. It would attract new businesses to Athens and foster their growth with facilities, services and a workforce ready made serve a highly specialized industry. Ultimately, the companies benefiting from incubation would be offered incentives to remain in Athens when they were ready to stand on their own - further enhancing the power of the economic engine.
Athens made it happen. Local cooperation was key. Athens EDC worked with Trinity Valley Community College and their Small Business Development Center. Henderson County Medical Society, the Chamber of Commerce and the Athens Industrial Foundation all joined in to support the project. Greg Roach, now the executive director of the BMC, was working for the Small Business Development Center at the time and took a leadership role, lending to the effort his considerable experience in the healthcare arena. Working together with Athens EDC director Herb Gatlin, the team looked outside the community for guidance and support. They established an advisory board made up of local advocates as well as individuals from Texas A&M, the Texas Engineering Extension Service (TEEX) Technology and Economic Development Division and the University of Texas at Arlington. The advisory boards provided valuable insights and helped Athens EDC and the BMC acquire funding to move forward.
The BMC used grant funds to purchase more than $1 million worth of equipment at a very favorable cost. The Athens EDC provided grants and loans, investing in a company it believed to have the potential to create high paying jobs and even generate new businesses in the long run. This got BMC started. Another $800,000 grant from the Dept of Commerce, Economic development Administration provided for a new 5,000 square foot building.
Return on Investment
In less than three years since BMC got started, better than 30 companies have taken advantage of the incubator's multi-million dollar equipment, clean rooms and business planning, marketing and manufacturing support. BMC is developing things like neonatal heart pumps and self injection syringes. The BMC holds confidential much of the ongoing work at the center but suffice it to say this is important, life saving technology.
BMC receives calls from other incubators all across the country seeking their support with specialized projects because there is no one else in the country doing what BMC does. It's the only medical Manufacturing incubator in the nation and the business model is working. BMC is now at 36 employees working in its facility, up from 10 last year. They are looking at 6 new market research projects right now. BMC is growing, jobs are being created and economic growth is happening. And the recognition is following. This spring the Small Business Administration in Washington received a phone call from Entrepreneur magazine asking for one of their biggest success stories. They pointed to BMC.
To learn more about BMC and how Athens, Texas is leveraging unique assets for economic growth, contact Bob O'Neil Marketing Manager, at 903-675-6036 x 105, or visit BMC online at www.bmc-texas.org
About the author: Joan Tatge, Communications Director, AdventGX Inc. AdventGX is a tourism and economic development consulting company based out of the Texas A&M University Research Park on main campus in College Station, TX. Joan can be reached at joantatge@adventgx.com.
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