Claudette Konola
 
After the most recent Economic and Revenue Forecast was released, I blogged that anyone running for office in this environment must be certifiably insane. While the task is still daunting, something arrived in my in-box yesterday that has me fired up and filled with hope again. Being part of a team, lead by  Hickenlooper, is an exciting prospect.

Hickenlooper released a white paper titled Economic Development Solutions for Colorado, On the Road to Making Colorado Synonymous with Innovation. Only an economic developer or policy wonk could get excited reading a white paper, but this one is exactly what Colorado needs.

Economic developers insist that entrepreneurs have a good business plan. Campaign managers insist that candidates have a good campaign plan. Hickenlooper’s business background is showing when he delivers the same kind of plan for the state of Colorado.

He talks about “branding.” The brand he wants for Colorado is an attractive place to visit, and a place where entrepreneurs and small businesses find the support they need to be successful competing in a global marketplace.

He talks about building on what we know best. Colorado is already an innovation leader in Aerospace, energy, biosciences, agriculture, information technology communications and tourism. His road-map to success is designed to make these key sectors thrive, by making the government agencies already in place more responsive to their needs.

He talks about making government programs focus on the entire lifecycle of a small business from creation, capital development and counseling to incentive programs and procurement assistance. He talks about consolidating existing programs to make them easier to access and more understandable for entrepreneurs.

Maybe I’m so excited because he is talking about the same things I’ve been blogging and thinking about:

·         Making sure that small businesses have access to credit and capital. (He needs to talk to me about New Markets Tax Credits, and forming a statewide Certified Development Entity!)

·         Streamlining state services so that government is more efficient, thus more effective and less expensive to run.

·         Partnering with non-profit organizations like CDFIs to bolster the Colorado Main Street program.

·         Helping community banks access lending capital through programs like the Colorado Credit Reserve Program.

Homework

Hickenlooper's Road Map For Colorado

Colorado Main Street Program

Colorado Credit Reserve Program

New Markets Tax Credits
 
 
My housemate joked that I was working harder now than I was when I got paid for my work. I think he’s looking at the hours that I’m spending either brushing up on issues, or writing in my blog, or meeting with campaign volunteers, or meeting with voters. Some days I’m up by 3:30 a.m. and not calling it a day until after 9:00 p.m.

But it isn’t just me. And I chose this path.

This morning in the Sentinel there was a story about schools facing more budget cuts because of the continuing recession. Part of the solution was to encourage some teachers to take early retirement. Teachers who are left are going to have to work a lot harder.  Because of oil patch workers moving out of the area, enrollment could be down. But losing experienced teachers will place new burdens on those who are left. They won’t see compensation increases keeping pace with the new duties.

The Delta economic development organization asked their executive director to leave. Now the organization’s secretary is single handedly running the day-to-day operations. She’s working harder, without any commensurate pay increases.

That’s the price we pay for living in a boom and bust economy. During boom times we are flush and giddy with new found wealth. During bust times we all have to tighten our belts and work harder just to stay even. We can do better. We need to create a more diverse economy with sustainable growth and jobs.

Homework:

http://www.gjsentinel.com/news/articles/6_million_could_be_cut_from_sc/