Article

Kalamazoo’s lesson — Educate and they will come

Posted  by Ed Morrison.

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This comes from Chris Gibbons in Littleton, CO. He points to a good story in the Wall Street Journal on the Kalamazoo Promise. The story highlights how the dynamics of economic development are shifting toward brainpower.

(In a conference a couple of weeks ago in Milwaukee, an executive told our table. "Location decisions are based on two factors. Who will we be close to? Who can we partner with? In other words, the innovation climate. The second factor is brainpower.")

The article points out that education becomes a major driver in location decisions:

Other companies besides Kaiser have unveiled plans to create jobs in Kalamazoo, with some saying the Promise played a role in their decision. Among them is MPI Research, a privately held preclinical drug-testing company in Mattawan, Mich., which in April announced plans to create 3,300 jobs in southwestern Michigan -- including 400 in downtown Kalamazoo -- over the next five years as it moves into laboratory and office space once housing Pfizer.

Read more.

Here's a story from El Dorado, AR on how they have adapted the program. This podcast  is from Wall Street Journal.


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