Midland Development Corporation
Local Government - Appointed Boards & Commissions | City/Town/Village
Recent News About Midland Development Corporation
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Empowering Entrepreneurs: The Impact of the Midland Entrepreneurial Challenge
The Midland Entrepreneurial Challenge, an annual competition hosted by the Midland Development Corporation (MDC) and administered by the University of Texas Permian Basin (UTPB), stands as a vital opportunity for small businesses and startups in Midland, Texas. As one participant highlighted, "The Midland Entrepreneurial Challenge is more than just a competition; it's a lifeline for small businesses and startups in Midland city limits."The challenge, which spans from fall to winter and includes seminars and phases for businesses to engage in, aims to cultivate innovation...
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Changing Life Trends Will Affect Future Entrepreneurs. Five Things You Need To Know
Steve Jobs, a visionary in the tech industry, once described the process of analyzing various information sources as "collecting dots." According to Jobs, this method involves delving into historical and future trends simultaneously. He emphasized the importance of synthesizing diverse data points to gain insights into the future, stating, "Well, you gather all this ‘information’ and collate it into dots to see where the dots of information intersect, where they lineup and where they might point into the future."Highlighting the significance of understanding future...
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Site Selection Consultants Redefine Risks that Impact Business Investment Decisions
A primary research study, The State of Site Selection, has identified the top trends impacting facility location decisions globally in its third edition. The report, a joint release by the Site Selectors Guild (the Guild) and Development Counsellors International (DCI), sheds light on crucial factors influencing business investment decisions.According to the report, "The first edition of this report was released in March 2020, just days before the COVID-19 shutdown." This timing underscores the significant shift in global business landscapes brought about by the pandemic....
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Eclipse shines light on airport improvement program
The Federal Aviation Administration has issued a warning regarding the upcoming total solar eclipse, emphasizing the potential busyness in both airspace and airport parking lots. In light of the celestial event set to grace the skies on April 8, the FAA highlights the importance of acknowledging the efforts dedicated to supporting Texas aviation.As the eyes of Texas turn towards the moon in early April, many are anticipated to flock to airports for a prime view of the solar phenomenon. The FAA's message serves as a reminder that the eclipse not only captures attention in...
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63 Small Business Ideas to Start in 2024
Many people dream of starting their own business, seeking to take control over their professional goals, financial targets, and work-life balance. For those who are ready to embark on this journey but are unsure of the type of services to provide, a comprehensive guide has been compiled to offer 63 small business ideas across various sectors. Financial services, physical labor, and creative contracting are just a few of the areas covered to assist aspiring entrepreneurs in charting their path forward.
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Three Steps For Researching A New Business Market
In the classic movie Field of Dreams, the famous line "If you build it, he will come” served as an inspiration to many. However, as pointed out in a recent article, real life is not as simple. The journey from having a business idea to successfully launching a small business requires careful planning and market research.The article emphasizes the importance of understanding the target market before diving into a new business venture. While some may rely on the opinions of family and friends, conducting thorough market research is crucial for success. As the article...
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3 Ways to Make Sure Every Aspect of Your Business Ties Back to Your Purpose
On March 15, 2024, an article highlighted the importance of aligning every aspect of a business with its core purpose. The piece emphasized the significance of maintaining focus on the original vision to foster synergy among staff, clients, and the community being served."In the flow of a workday, it's easy to spend your time putting out fires — we've all been there," acknowledged the article, recognizing the common challenge of getting caught up in day-to-day firefighting.The article underscored the value of staying true to the company's founding vision, stating that,...
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Governor Abbott Announces SBA Assistance For Panhandle Wildfires
Governor Greg Abbott today announced that the U.S. Small Business Administration (SBA) has approved his request for disaster declarations in Texas communities affected by wildfires in the Panhandle. Texas counties included in the declarations are Armstrong, Carson, Donley, Gray, Hansford, Hemphill, Hutchinson, Lipscomb, Moore, Potter, Randall, Roberts, Sherman, and Wheeler."These disaster declarations will help Texans in communities affected by the Smokehouse Creek and Windy Deuce wildfires receive critical financial assistance they need as they continue to recover and...
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Top Three Industries See Major Boost
In a recent report by the Conway Projects Database, it has been revealed that the top industries around the world experienced a significant boost in 2023, with one particular sector maintaining its dominance for the seventh consecutive year.According to the database, "Machinery, equipment & construction snagged the No. 1 top industry spot for the seventh consecutive year." This sector's consistent performance highlights its importance in the global economy and its resilience in the face of various challenges.Moreover, the report states that, "Reflecting a plentiful year...