Thursday, November 6, 2008

Warehouse Going High-tech

The City of Owensboro in conjunction with the Greater Owensboro Economic Development Corp. announced plans for a new development adjacent to downtown Owensboro called Carnegie Village. The anchor project in Carnegie Village is the Centre for Business and Research. With additional funding from the Daviess County Fiscal Court, the Centre for Business and Research is a 37,000 square foot business accelerator and research facility to meet the growing demand for lab, research, and high technology company space. It would also allow the growth of university level applied research and further cultivate high technology companies through the Emerging Ventures Center for Innovation.

Centre for Business and Research will provide infrastructure for prospective high tech companies similar to the way the Mid-America Airpark provides the needed infrastructure for industrial development. The current growth of plant biotech companies associated with Kentucky BioProcessing (KBP) has created a demand for biotech lab space. Area colleges and universities can utilize the new lab facilities to promote applied research and business commercialization. Visit the EDC Blog to read more.

Regional Economic Summit November 20-21

Business and government leaders from Illinois, Indiana and Kentucky will convene in Evansville Nov. 20-21, 2008, to study the new economic model of growth. The 2008 Regional Economic Summit will feature nationally-recognized business experts and economists who will discuss the current economic climate and realities facing a 26-county region and our nation, as well as outline the steps necessary for prosperity, wealth creation and economic vitality in the 21st Century. President of the St. Louis Federal Reserve Bank James Bullard will serve as the keynote speaker. Bullard will discuss his view of the current economic environment. The agenda also includes Rich Karlgard, publisher of Forbes.

For registration information about the 2008 Regional Economic Summit log onto http://www.regionaleconomicsummit.com/ or call 812-463-6102.

Owensboro Trade Office

The Greater Owensboro Economic Development Corporation (GO-EDC) and Murray State University announced an agreement to promote international trade among new and existing businesses in Greater Owensboro.

The agreement between the EDC and Murray State University will create the Owensboro International Trade Office. The mission of the Owensboro International Trade Office will be to facilitate international business and stimulate economic development and investment in the Greater Owensboro region. The Owensboro International Trade Office will offer a one-stop-shop for information, education, technical assistance, and networking services that help regional firms succeed in the global market and bring new global business opportunities to the Greater Owensboro region. Services will include market research and investment climate profiles, cultural orientation, consultation with international business planning, risk analysis, and orientation to international trade issues.