Blog Posts: Spotlight on EDOs

Read guest blog posts from economic developers across the country about how FDI benefits their communities

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Richmond, Virginia: Providing a Soft Landing Since 1607

The Greater Richmond Partnership, Inc. (GRP) is the lead regional economic development organization for the City of Richmond and the counties of Chesterfield, Hanover and Henrico in Virginia.

(October 29, 2019) You could say that the first foreign direct investment occurred in 1607 when English settlers founded the Richmond Region in Virginia. Soon thereafter the nation’s first hospital was built, the first university was chartered, and the first ironworks were established. Today, the Richmond Region is home to more than 220 international firms from 26 countries employing 24,600 residents.

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Building on Success: North Carolina Opens New FDI Office in India

By Christopher Chung, CEO, Economic Development Partnership of North Carolina

(May 22, 2019) The Economic Development Partnership of North Carolina recently opened the state’s first foreign direct investment (FDI) office based in India ― dedicated to increasing FDI into North Carolina from one of the world’s fastest-growing economies. Our newest FDI representative ― Rahul Padmanabha ― is based in Bangalore. You can meet him at our booth, as well as representatives traveling to the SelectUSA Investment Summit from all the state’s other overseas FDI offices located in Europe, China, South Korea and Japan.

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Mentoring International Success: A Mid-Size Midwestern Municipality’s Mission

Kevin D. Malecek, Director of Economic Development and International Trade, City of Mentor, Ohio

(February 27, 2019) Recognizing the unique approach of a smaller municipality to engage in global trade and investment conversation, the City of Mentor has successfully conducted several trade-oriented seminars to inform area companies on the benefits of overseas business opportunities, pursued potential partners interested in FDI through annual trade missions to Germany and the United Kingdom, and marketed incentive programs essential to the success of those that would examine opportunities in Mentor.

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Faribault: The Most Global Small City in Minnesota

By Elise Buchen, Deanna Kuennen, Samantha Markman, and Laurence Reszetar, Minnesota Department of Employment and Economic Development

(December 19, 2018) Faribault is just like New York City… if New York City had a population of 24,000, was located an hour south of Minneapolis, and had a median house price of $182,400. In truth, Faribault might be the most global small city in Minnesota, if not the world. Its motto is Small Town Pride, Big City Opportunity, and it has the data to back both of those up.

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