Lakewood As A Small Business Incubator
Posted: Thu Dec 25, 2008 8:14 am
In turbulent economic times (aka, at all times), a City is better off with 100 businesses with 10 employees each than one business with 1,000 employees. Most communites devote a lot of effort to get the one big employer. It's not always the best development strategy.
Lakewood is not going to win a competition for a company with 300 or 400 hundred employees. The City has no vacant land, little available office space and no white knight in Columbus or Washington to hand out free money. (The feds just spent $16 million per mile to build the Crocker extension. What are the chances the feds will spend $16 million per mile in Lakewood?)
But Lakewood can win a competition for new and existing small business. What needs to be done to make the CITY a small business incubator?:
http://pods.dasnr.okstate.edu/docushare ... 905web.pdf
Lakewood is not going to win a competition for a company with 300 or 400 hundred employees. The City has no vacant land, little available office space and no white knight in Columbus or Washington to hand out free money. (The feds just spent $16 million per mile to build the Crocker extension. What are the chances the feds will spend $16 million per mile in Lakewood?)
But Lakewood can win a competition for new and existing small business. What needs to be done to make the CITY a small business incubator?:
http://pods.dasnr.okstate.edu/docushare ... 905web.pdf