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Building
the Local Economy
Developing
Advanced Manufacturing Opportunities in Rural Communities
On November
29th at Hearth and Home in Colville, Brian Kraft from the WSU Research
Foundation will be presenting information on "Advanced Manufacturing
Opportunities for Rural Communities." He will be joined by
Joe Harris, Business Development Specialist, from the WSU College
of Business and Economics for this 1:30 meeting. Anyone interested
in the economic vitality in this region is encouraged to attend,
both those who have developed businesses here as well as those who
may be looking for an opportunity to develop. Advanced manufacturing
holds great promise for rural regions. The U.S. is a global leader
din developing and adopting technology, creating opportunity for
rural manufacturers.
The economic
vitality of rural communities depends on the presence of a manufacturing
sector that is locally owned and enjoys a national or international
market. Companies without close ties to a community have little
incentive to continue operation when their costs go up. The stories
of rural manufacturing leaving town have become very familiar in
the past decade. This community is fortunate to have the presence
of several companies that match these well-researched requirements.
How is it that these companies are here and what can we do to encourage
the development of new manufacturing firms?
Colmac Coil
and Colmac Manufacturing, Hearth and Home, and Hewescraft were all
conceived, created and developed by local "entrepreneurs."
An entrepreneur is someone who sees an opportunity to develop a
product and then has the ability and support to bring it to market.
The roots of opportunity are unexpected events, changes in the market
or industry, changing demographics, changing values and interests,
and new knowledge. A good example of changing values and interests
is the recent surge in the organic food market. We are sure that
the baby boom wave will create many new opportunities as they move
towards retirement. According to a recent study funded by the Kellogg
Foundation, many observers see entrepreneurship as being a critical,
if not the major piece for rural economic development.
Our task is
to make sure that a supportive environment is in place so entrepreneurs
can flourish and grow. The same Kellogg study emphasized a "new
framework" for entrepreneurship development in rural America.
(1) This effort must be community driven. Local communities need
to build on their assets, to learn from the experiences of others
and to be open to innovation. (2) These efforts must be regionally
focused. Regional cooperation across multiple jurisdictions and
institutions needs to be of sufficient scale to garner resources
and engage expertise that allow individual communities to play their
full role. (3) These efforts must be entrepreneur-focused. Necessary
training, technical assistance, and financing programs must be available
to meet the needs of a variety of entrepreneurs. (4) This effort
must be based in continues learning. As markets change and new ideas
emerge, there is a pressing need for networking and learning.
Almost all successful
economic development in rural America has involved a connection
with a university. Colville was on the map for Washington Dental
Service because of its long association with WSU. One of the most
well-known of these connections is the immensely successful Research
Triangle Park in North Carolina. This event at 1:30 on November
29 follows this pattern. Brian Kraft from will be here to explore
some ways to take previously designed and tested products from Washington
State University into a viable manufacturing business. Brian and
Joe will also be address the Colville Chamber of Commerce on November
29 at their noon meeting. If you have any questions please call
Al Kowitz at 684-2588 or email him at akowitz@wsu.edu.
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