Archive for the ‘Entrepreneurship’ Category

Clean water and cheap power–two for one

Wednesday, February 22nd, 2006

Dean Kamen, one of the most innovative inventors in recent times, has designed breakthrough wheelchairs that can go up and down stairs and is the man behind the two wheeled Segway electric scooter.

Kamen's newest venture is two small washing machine-size units for use in small rural communities in developing countries. One unit takes any kind of dirty water and turns it into clean water. Communities with an affordable source of clean water can avoid a whole host of debilitating diseases.

The other machine burns cow dung (very common in most areas of the world) and generates a kilowatt of electricity--continuously. It does not sound like much power, but if you also give that community some LED lightbulbs, you change the way the community lives. A kilowatt of power will also charge cellphones, Ethernet networks, and laptops.

The problem with conventional approaches to power and telecom is the grid. You need an expensive electric and telecom grid to get power and communications into rural areas. By moving the power (and clean water) closer to users, the grid is eliminated. Kamen's approach turns fifty years of largely failed development strategies on its head. And its likely to work if given a chance.

Big, expensive regional and countrywide projects like dams make millions for the companies that get the contracts to build them, but they have rarely had the expected benefits. Just the way the Internet levels the playing field and gives everyone a more equal opportunity, so do Kamen's machines.

USDA’s Dorr says quality of life a key factor for rural communities

Monday, February 13th, 2006

Tom Dorr is one of the most knowledgeable people in the Federal government when it comes to rural issues. At a seminar in Iowa, Dorr discussed a key advantage that he thinks rural communities have when attracting entrepreneurs--quality of life (hat tip to EDPro).

Dorr is under secretary of rural development at the USDA, and he cited several factors that are becoming a major influence for relocating entrepreneurs, including peace and quiet, short commutes to work, good schools, and lower taxes. The "good schools" is an issue rural communities need to study carefully. As family needs drive business relocation, local schools need to have high graduation rates, low drop out rates, and good college prep and advanced placement classes.

Yes, that's right. Schools are an economic development issue. So does your ED strategy include goals and objectives for local schools? If not, why not?

Maryland tech councils merge

Monday, February 13th, 2006

Two statewide tech councils in Maryland have merged so that they can provide a clearer voice for technology businesses in the state.

Tech councils are an interesting response to the declining influence of Chambers of Commerce, which for the most part, have failed to re-think their mission and goals as the economy of local communities has changed. One problem with tech councils is that it further exacerbates the Chamber problem--forward thinking tech companies are more likely to belong to the local tech council than the local Chamber, but the two groups have overlapping goals. So the voice of both is somewhat diluted.

In some states, there are regional tech councils (e.g. Virginia), which has had mixed success. It's better from a local company perspective, perhaps, since a regional tech council is going to be more focused on local business needs. But if there are multiple councils, it is hard to get the entire tech center to speak with one voice. In Virginia, tech discussions at the state level are dominated by northern Virginia tech interests.

Maryland businesses are the right track by merging.