Tag: clusters
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Innovating legacy sectors: Mass timber poses new opportunities for construction & forestry
Portland, Oregon may offer the best demonstrations of mass timber. Visitors are welcomed with the beauty of the new PDX atrium. The Julia West House, a 12-story senior transition house featuring wood ceilings and constructed by a local specialty firm, Carpentry Plus Inc., is just one of the impressive examples downtown. These use cases, however…
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Excel produces rigorous Cluster Identification course
Excel Regional Solutions has published a course on Cluster Identification for the Center for Cluster Development, a nonprofit project funded by a national philanthropy (and under fiscal sponsorship by the Federation of American Scientists) to produce cluster resources that benefit regions of all sizes and capacities. Why a course on cluster identification? Cluster identification is…
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Lansing, Minneapolis top metros for health device deal concentration
A new analysis by Excel Regional Solutions studies venture capital investment into companies working in healthcare device and supply, a sector that has seen nearly $42 billion in investment over the past five years. From 2021-2025, the metros with the greatest relative concentration contain a mix of regions known for life sciences research, the U.S.…
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Clusters feature prominently in local strategies
More than six in seven local economic development districts are pursuing at least one industry cluster goal, according to an analysis of recent Comprehensive Economic Development Strategies (CEDS). These strategies cover sectors ranging from advanced manufacturing to tourism and leverage tactics as diverse as business recruitment, technology development, and workforce training. The prevalence of sector-specific…