Q with Adam Knapp – On the Boomerang Fund

Very important. Not only from a city perspective, but a regional one as well. Many aspects of regional economic growth are linked back to the pool of available talent, as well as the depth of their knowledge, skill and drive.

Possibly. It would definitely be popular, especially considering that this issue was a central theme of the “Occupy” movement. That said, we have seen that talented people are already attracted to the Baton Rouge area when the right position is a match for them. So for this idea, you would need to look at the specific employer need in terms of job openings. As is the case with any economic development incentive, you would also need to look at whether return on investment justifies the commitment.

Small businesses might benefit significantly, as would research-intensive, innovative startups where the level of talent generally may have more debt. Corporate headquarters who view access to talent as a major location factor may find it extremely beneficial.

Our analysis shows that you need a vibrant, attractive, unique place; access to multiple options of jobs in their field of interest; and a diverse, tolerant and safe community. We have many of these pieces in place already.