Category Archives: Economic Development

5 Online Trends Economic Developers Can’t Ignore

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The white paper from the Financial Times’ fDi Intelligence, 5 Online Trends Economic Developers Can’t Ignore, includes the trend “Small is the New Big”. The article points out that there is greater value from economic development organizations focusing on small businesses that already exist in their communities instead of an exclusive focus on business attraction from outside of the area. According to the article, “today innovative economic development organizations are implementing online Business Retention and Expansion using the same ingenuity to bring mass service to their local businesses on their websites. The breakthrough online innovation which is making this happen is SizeUp LBI (Local Business Intelligence) which enables EDOs to empower their small business community with industry-accurate and geographically specific market research and data insights to help entrepreneurs make smarter decisions based on data.”

Read the full article on Linkedin or download the white paper.

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Nerd Wallet Discusses Where Small Businesses Have an Ally that SizeUp Ranked #1

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SizeUp recognized the City of Fremont, California as the top city for tech startups per capita and Nerd Wallet has covered that ranking and the way that the city is focusing its attention on small business success through an official governmental ally. In the article, Where Small-Business Owners Have an Official Ally, Benjamin Pimentel discusses the value of a single point-of-contact, tech companies, and the qualities that make Fremont attractive to live and run a business.

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SizeUp powers new tool for economic development organizations

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Noted blogger Frank J. Kenny, a social media and technology consultant for economic development organizations, conducted a video interview with SizeUp’s cofounder for Frank’s blog “Grow Your Chamber”. In the interview, they discuss the Bowling Green Chamber of Commerce’s adoption of an innovative new service, SizeUp for Local Business Intelligence (SizeUp LBI). SizeUp LBI helps economic development organizations deliver value to their local businesses by showing them how they can grow locally and stay competitive. SizeUp LBI is powered by SizeUp’s groundbreaking and award winning technology, is customized to the local service area of an organization,  and includes advanced demographic capabilities not available on SizeUp.com.

Read the full article and watch the video interview here.

Government Technology On Data Tool Helping Entrepreneurs ‘SizeUp’ the Competition

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In its article, Data Tool Helps Entrepreneurs ‘SizeUp’ the Competition, Government Technology magazine describes that small business intelligence informs decisions that impact a company’s bottom line. The article further explains that SizeUp has “Highly specific data on thousands of industries is available by geographic region.” The article explains how to use SizeUp tools and also includes a quote from SBA Administrator Karen Mills saying, “Market research and analysis is critical for the success of any small business owner or entrepreneur. Tools like SizeUp deliver data right to the fingertips of business owners to help make smart decisions and have the greatest opportunity to start, grow, compete and succeed.”

SizeUp Wins First Place in U.S. Commerce Department’s “Business Apps Challenge”

The U.S. Commerce Department announced today that SizeUp has won first prize in the nationwide Commerce Business Apps Challenge. The prestigious judging panel that selected SizeUp included Sheryl Sandberg, Chief Operating Officer at Facebook; Vint Cerf, Chief Internet Evangelist at Google; Vivek Kundura, VP at Salesforce.com; Tim O’Reilly, CEO of O’Reilly Media; John Bryson, U.S. Secretary of Commerce and Steven Van Roekel, CIO of the United States.  The Department stated in its announcement that SizeUp provides “a comprehensive overview to small- and medium-sized  business about their competitiveness and where to find resources to improve. This will improve the success of small businesses so they can prosper and create new jobs.”

Read the Commerce Department’s full announcement here.

Read the press release here.

Here is the full content of the Department of Commerce announcement:

Commerce Department Declares Winners in the Commerce Business Apps Challenge

July 20, 2012 – 10:30am

An online application that allows businesses to compare themselves to their competitors, locate their competition, customers, and suppliers, and find the best places to advertise and their developer team of four won the Commerce Department’s first prize and $5,000 in the nationwide Commerce Business Apps Challenge sponsored by the U.S. Department of Commerce. The winning apps use at least one Department of Commerce data set that assists businesses and/or improves the service delivery of Business.USA.gov to the business community. BusinessUSA is a centralized, one-stop platform to make it easier than ever for businesses to access services to help them grow and hire. All of these winners equip businesses with tools to be more competitive around the world, while creating jobs here at home.

The First Place winner, SizeUp, is a business intelligence tool that uses data from hundreds of sources including the Census Bureau, U.S. Patent and Trademark Office, the Bureau of Economic Analysis, IRS records, county courthouse filings, Yellow Pages and White Pages, business publications, the U.S. Postal Service, and corporate annual reports to provide a comprehensive overview to small- and medium-sized  business about their competitiveness and where to find resources to improve. This will improve the success of small businesses so they can prosper and create new jobs.

The $10,000 contest challenges app developers to find innovative ways to utilize Commerce and other publicly available data and information to support American businesses. 22 entries were submitted to the high-profile judging panel that included Vint Cerf, Chief Internet Evangelist at Google; Tim O’Reilly, founder and CEO of O’Reilly Media and Sheryl Sandberg, Chief Operating Officer at Facebook among others who selected the three winners.

The Commerce competition awarded a First Place winner ($5,000), a Second Place winner ($3,000) and a Third Place winner ($2,000).

The Second Place winner, ZoomProspector.com, is a website that provides a way for new and expanding businesses to find, compare and deeply analyze communities and available properties nationwide. This tool will be valuable for American companies looking to expand their operations inside the United States or companies choosing to bring jobs back from overseas. ZoomProspector.com’s online map-based search can greatly simplify and speed up the site selection process, freeing companies to be able to quickly and accurately make informed decisions based on numerous data sets including demographic, business, transportation, and property information unavailable in any other single website. They used data from the Census Bureau, U.S. Patent and Trademark Office, and the Bureau of Economic Analysis.

The Third Place winner, MyBusiness Toolbox, is an iOS (iPhone and iPad) app that helps small business owners find helpful information and resources related to growing (or starting) their business. The app helps small business owners find articles, data, events, programs, services, stories, tools, funding sources, license information, and helpful sites related to owning a small business by utilizing the BusinessUSA Resource Access API and the SBA API.

Building upon this successful contest, the Census Bureau has opened up a beta API to ensure that American entrepreneurs and businesses can compete, win, and create jobs here at home.

SizeUp’s French Connection

SizeUp’s headquarters received a visit this week from a group of entrepreneurs hailing from Paris, France, all of whom are enrolled in the Master’s program in Innovation and Entrepreneurship at ESCP Europe, the oldest business school in the world and one of the world’s finest.  The students, each of whom nurtures their own promising business idea that they wish to bring to fruition, were visiting California to meet with startups and established companies to learn more about the American approach to entrepreneurship.  The SizeUp team answered questions from the students about the creation of SizeUp and the challenges that entrepreneurs face.  The group’s meeting with SizeUp came as part of a whirlwind tour that included visits to the headquarters of Google, Electronic Arts, Zynga, and Airbnb.

Economic Developers Learn About SizeUp’s Potential for Business Retention

Hundreds of economic development professionals learned how to use SizeUp as a business retention tool during a presentation given by Anatalio Ubalde, CEO, at the International Economic Development Council’s annual meeting this month in Charlotte, NC.

One economic developer who heard the presentation posted a message to his colleagues saying, “I’ve found the interface to be intuitive so far and seems to be based off a ‘smart wizard’ approach that puts the output together in clear reports that have a dashboard of indicators feel.  Maps and the data engines use GIS Planning approaches and models. The tool seems focused on creating actionable intelligence.  From what I can tell so far, this could grow into something that should be in any economic gardening program toolbox.”

Read the full post here.  Note that you must be signed in with a Google account to read the post.