IU, Purdue receive national award for study on rural economic development

Indiana and Purdue universities have received national recognition for a study that looks at how rural areas can stimulate economic growth. The report, “Unlocking Rural Competitiveness: The Role of Regional Clusters” was done by IU’s Business Research Center, Purdue’s Center for Regional Development and the Strategic Development Group Inc., a Bloomington consulting firm.

The award came from the Arlington, Va.-based Council for Community and Economic Research. It was one of five projects recognized for efforts to support business-development activity.

Researchers created tools, including a national database and analytical procedures that economic development leaders can use to assess their community’s strengths.

Read more about the study in IBJ’s Indiana 100.

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