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The Process: Strengths, Weaknesses, Opportunities, Threats

SWOT

GTG professionals facilite a focused brainstorming session which lasts 3-4 hours. 

8-12 community, government, business, and workforce participants gather together and identify available workforce, existing buildings, and an suitable industry cluster. The outcome is a specific plan prepared by GTG. 

Micro Economic Development Projects Components

Available Workforce

  • recruit
  • arrange training

Vacant Commercial or Government Property

  • locate space
  • secure funding for renovations, expensive shared equipment, and equipment for individual companies

Industry Cluster

  • select a niche industry
  • skilled, good-paying jobs

GTG Payment

  • no fee for SWOT
  • GTG is generally paid by an economic development entity or a local sponsor to implement the plan and to manage the accelerator