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    <title>Econ Dev Show Podcast - Economic Development - Episodes Tagged with “Business Growth”</title>
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    <pubDate>Fri, 06 Sep 2024 00:15:00 -0500</pubDate>
    <description>Dane Carlson explores the strategies, ideas, and insights that are driving economic development forward into the future.  You'll hear new insights from passionate ED's about their successes and struggles, and you'll learn from attraction and retention experts about how to apply actionable strategies inside your EDO.  We'll help take your organization, your community, and your career to the next level.
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    <itunes:subtitle>Actionable economic development strategies and stories</itunes:subtitle>
    <itunes:author>Dane Carlson</itunes:author>
    <itunes:summary>Dane Carlson explores the strategies, ideas, and insights that are driving economic development forward into the future.  You'll hear new insights from passionate ED's about their successes and struggles, and you'll learn from attraction and retention experts about how to apply actionable strategies inside your EDO.  We'll help take your organization, your community, and your career to the next level.
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    <itunes:keywords>econ dev, economic development, ed</itunes:keywords>
    <itunes:owner>
      <itunes:name>Dane Carlson</itunes:name>
      <itunes:email>show@econdevshow.com</itunes:email>
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  <title>138: Blending Non-Profit Values with For-Profit Agility: Bo Kemp’s Approach to Economic Development</title>
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  <pubDate>Fri, 06 Sep 2024 00:15:00 -0500</pubDate>
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  <itunes:episode>138</itunes:episode>
  <itunes:title>Blending Non-Profit Values with For-Profit Agility: Bo Kemp’s Approach to Economic Development</itunes:title>
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  <itunes:author>Dane Carlson</itunes:author>
  <itunes:subtitle>Bo Kemp, CEO of the Southland Development Authority shares how his not-for-profit organization drives municipal economic development by adopting for-profit agility, taking calculated risks, and monetizing their services to create sustainable, community-centered growth.​⬤</itunes:subtitle>
  <itunes:duration>32:11</itunes:duration>
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  <description>In this episode, Bo Kemp, CEO of the Southland Development Authority discusses his unique approach to economic development through a not-for-profit organization that operates with the agility and risk-taking mindset of a for-profit business. Kemp emphasizes the importance of failing fast and pivoting quickly to optimize programs and services. He explains how his organization is structured to evaluate and stop initiatives that aren’t delivering the expected impact, which contrasts with traditional non-profits that often have difficulty abandoning projects due to the lengthy fundraising and validation process. His goal is to take on the risks that for-profit businesses avoid, using innovative techniques like measuring social impact and partnering with businesses to drive wealth-building at the municipal level.
Kemp also shares how his team is working to monetize their services by offering their proven models to other municipalities. For example, their business growth services could be replicated in cities like Tucson, Arizona, allowing other communities to benefit from their expertise and infrastructure without having to start from scratch. Kemp’s team uses tools like Salesforce and data science to manage relationships and measure success, which they are willing to share with other cities to support broader economic growth. The conversation highlights Kemp’s vision of blending for-profit efficiency with non-profit values to foster sustainable, community-centered development.
Like this show? Please leave us a review here (https://econdevshow.com/rate-this-podcast/) — even one sentence helps!  Special Guest: Bo Kemp.
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  <itunes:keywords>econdev, economic development, eco devo, Bo Kemp, economic development, fail fast, municipal growth, non-profit organization, for-profit mindset, wealth building, social impact, business services, monetization, community development, innovation, agility, risk-taking, economic sustainability</itunes:keywords>
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    <![CDATA[<p>In this episode, Bo Kemp, CEO of the Southland Development Authority discusses his unique approach to economic development through a not-for-profit organization that operates with the agility and risk-taking mindset of a for-profit business. Kemp emphasizes the importance of failing fast and pivoting quickly to optimize programs and services. He explains how his organization is structured to evaluate and stop initiatives that aren’t delivering the expected impact, which contrasts with traditional non-profits that often have difficulty abandoning projects due to the lengthy fundraising and validation process. His goal is to take on the risks that for-profit businesses avoid, using innovative techniques like measuring social impact and partnering with businesses to drive wealth-building at the municipal level.</p>

<p>Kemp also shares how his team is working to monetize their services by offering their proven models to other municipalities. For example, their business growth services could be replicated in cities like Tucson, Arizona, allowing other communities to benefit from their expertise and infrastructure without having to start from scratch. Kemp’s team uses tools like Salesforce and data science to manage relationships and measure success, which they are willing to share with other cities to support broader economic growth. The conversation highlights Kemp’s vision of blending for-profit efficiency with non-profit values to foster sustainable, community-centered development.</p>

<p><a href="https://econdevshow.com/rate-this-podcast/" rel="nofollow">Like this show? Please leave us a review here</a> — even one sentence helps! </p><p>Special Guest: Bo Kemp.</p><p>Sponsored By:</p><ul><li><a rel="nofollow" href="https://sitehunt.io">Sitehunt</a>: <a rel="nofollow" href="https://sitehunt.io">If your property data is scattered or out of date, you're losing projects.

Sitehunt gives economic developers an AI-powered property database and instant RFI responses.

Schedule a demo today!</a></li></ul><p>Links:</p><ul><li><a title="Bo Kemp | LinkedIn" rel="nofollow" href="https://www.linkedin.com/in/bo-kemp-0072b8/">Bo Kemp | LinkedIn</a></li><li><a title="Southland Development Authority" rel="nofollow" href="https://southlanddevelopment.org/">Southland Development Authority</a> &mdash; The SDA is a non-profit business organization designed to grow the economy of the South Suburbs.</li><li><a title="Video - Southland Development Authority 2024 - YouTube" rel="nofollow" href="https://www.youtube.com/watch?v=WNbBrBEHNxI">Video - Southland Development Authority 2024 - YouTube</a></li><li><a title="Southland Development Authority | LinkedIn" rel="nofollow" href="https://www.linkedin.com/company/southland-development-authority/">Southland Development Authority | LinkedIn</a></li><li><a title="Southland Development Authority (@BuildSouthland) / X" rel="nofollow" href="https://x.com/BuildSouthland/">Southland Development Authority (@BuildSouthland) / X</a></li><li><a title="Southland Development Authority | Facebook" rel="nofollow" href="https://www.facebook.com/SouthlandDevelopmentAuthority/">Southland Development Authority | Facebook</a></li><li><a title="Southland Development Authority (@buildsouthland) • Instagram photos and videos" rel="nofollow" href="https://www.instagram.com/buildsouthland/">Southland Development Authority (@buildsouthland) • Instagram photos and videos</a></li><li><a title="Southland Development Authority - YouTube" rel="nofollow" href="https://www.youtube.com/@SouthlandDevelopmentAuthority">Southland Development Authority - YouTube</a></li></ul>]]>
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    <![CDATA[<p>In this episode, Bo Kemp, CEO of the Southland Development Authority discusses his unique approach to economic development through a not-for-profit organization that operates with the agility and risk-taking mindset of a for-profit business. Kemp emphasizes the importance of failing fast and pivoting quickly to optimize programs and services. He explains how his organization is structured to evaluate and stop initiatives that aren’t delivering the expected impact, which contrasts with traditional non-profits that often have difficulty abandoning projects due to the lengthy fundraising and validation process. His goal is to take on the risks that for-profit businesses avoid, using innovative techniques like measuring social impact and partnering with businesses to drive wealth-building at the municipal level.</p>

<p>Kemp also shares how his team is working to monetize their services by offering their proven models to other municipalities. For example, their business growth services could be replicated in cities like Tucson, Arizona, allowing other communities to benefit from their expertise and infrastructure without having to start from scratch. Kemp’s team uses tools like Salesforce and data science to manage relationships and measure success, which they are willing to share with other cities to support broader economic growth. The conversation highlights Kemp’s vision of blending for-profit efficiency with non-profit values to foster sustainable, community-centered development.</p>

<p><a href="https://econdevshow.com/rate-this-podcast/" rel="nofollow">Like this show? Please leave us a review here</a> — even one sentence helps! </p><p>Special Guest: Bo Kemp.</p><p>Sponsored By:</p><ul><li><a rel="nofollow" href="https://sitehunt.io">Sitehunt</a>: <a rel="nofollow" href="https://sitehunt.io">If your property data is scattered or out of date, you're losing projects.

Sitehunt gives economic developers an AI-powered property database and instant RFI responses.

Schedule a demo today!</a></li></ul><p>Links:</p><ul><li><a title="Bo Kemp | LinkedIn" rel="nofollow" href="https://www.linkedin.com/in/bo-kemp-0072b8/">Bo Kemp | LinkedIn</a></li><li><a title="Southland Development Authority" rel="nofollow" href="https://southlanddevelopment.org/">Southland Development Authority</a> &mdash; The SDA is a non-profit business organization designed to grow the economy of the South Suburbs.</li><li><a title="Video - Southland Development Authority 2024 - YouTube" rel="nofollow" href="https://www.youtube.com/watch?v=WNbBrBEHNxI">Video - Southland Development Authority 2024 - YouTube</a></li><li><a title="Southland Development Authority | LinkedIn" rel="nofollow" href="https://www.linkedin.com/company/southland-development-authority/">Southland Development Authority | LinkedIn</a></li><li><a title="Southland Development Authority (@BuildSouthland) / X" rel="nofollow" href="https://x.com/BuildSouthland/">Southland Development Authority (@BuildSouthland) / X</a></li><li><a title="Southland Development Authority | Facebook" rel="nofollow" href="https://www.facebook.com/SouthlandDevelopmentAuthority/">Southland Development Authority | Facebook</a></li><li><a title="Southland Development Authority (@buildsouthland) • Instagram photos and videos" rel="nofollow" href="https://www.instagram.com/buildsouthland/">Southland Development Authority (@buildsouthland) • Instagram photos and videos</a></li><li><a title="Southland Development Authority - YouTube" rel="nofollow" href="https://www.youtube.com/@SouthlandDevelopmentAuthority">Southland Development Authority - YouTube</a></li></ul>]]>
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