COI are used to build collaboration within a specific geographic region that has unique cultural, demographic or geographic characteristics. A COI framework also can foster collaboration among key organizations that control assets and services, which underpin the entire regional economy. Examples of such services include healthcare, broadband, education, workforce development and local governments.
VE has facilitated numerous COI that resulted in:
Industry Cluster frameworks align private sector leaders in a given industry with public sector interests. These leaders identify and recruit firms along the entire value chain of their industry. The industry clusters develop and implement niche-market strategies that can bring better jobs and economic growth to the region and are a key part of a region’s ability to achieve its measurable, asset-based initiative goals.
VE has helped develop and implement industry cluster strategies in more than 50 different niche markets, including such diverse fields as value-added agriculture, biotechnology, advanced manufacturing, yacht building, pharmaceuticals, data warehousing, Intermodal logistics and transportation, tourism, forest products, alternative energy, mining, software development, healthcare, education & training, recreation, non-profit social enterprise, environmental engineering, marine services, aquaculture and research and development centers of excellence.
Contact us to learn about our development and implementation of successful COI and Industry clusters in remote regional economies.