• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Smoke-stack chasing now longer in vogue

Smoke-stack chasing now longer in vogue

June 6, 2005 By admin

The director of the University of Northern Iowa’s regional business center says development strategies are changing. Maureen Collins-Williams says few economic development professionals are focusing much on attracting big new companies to their towns. Instead, they’re focusing on helping existing businesses expand or entrepreneurs start a small business. In the past decade, three out of four new jobs in the U-S have been in small businesses. “Entrepreneurship in other parts of the country has been a very strong strategy for diversifying local economies, creating new economic change and keeping companies that we launch or provide services to in our local communities,” Collins-Williams says. She acknowledges that nationally 65 percent of all new businesses fail in the first three years, but she says there’s only a five percent failure rate among businesses that get help from a business development center like the one at UNI.

Share this:

  • Facebook
  • Twitter

Filed Under: Business

Featured Stories

Bill would limit placement of solar arrays on farm ground

Marquette casino moving to land, leaving only 2 casino boats in Iowa

Reynolds signs her ‘school choice’ bill into law

Governor Reynolds touts 2024 Iowa Caucuses in Inaugural Address

University of Iowa grad presiding over U.S. House Speaker vote

TwitterFacebook
Tweets by RadioIowa

No coaching changes coming for Iowa football

Iowa State names new receivers coach

No. 2 Iowa visits No. 1 Penn State in wrestling dual Friday night

Iowa’s Clark brings increased exposure to women’s basketball

No. 18 Iowa State women visit TCU

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC