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Chamber Partners with Innovation Collective to Drive Economic Innovation

Greater Federal Way Chamber Partners with Innovation Collective to Drive Economic Innovation
 
The Greater Federal Way Chamber of Commerce announces its collaboration with Innovation Collective, a renowned community and economic development firm, to launch the “Innovation Economy and Placemaking” initiative. This transformative project is set to invigorate the economic landscape of the Greater Federal Way area in the South Puget Sound region.
 
In a strategic move, the Greater Federal Way Chamber of Commerce has enlisted the expertise of Innovation Collective to conduct a comprehensive market analysis, focusing on fostering start-up and entrepreneurial economies. The initiative places a strong emphasis on business acceleration within two identified industry segments, with an eye on unlocking campus development opportunities in the region.
 
Innovation Collective’s forward-thinking approach, led by CEO Nick Smoot, aligns seamlessly with the principles of appreciative inquiry and startup cities best practices. The firm brings a positive and inclusive strengths-based strategy to catalyze change among individuals, entrepreneurs, start-ups, and the broader community, creating a vibrant social and economic fabric in the Greater Federal Way area.
 
The scope of work includes a rigorous market research and trends analysis, demographic study along transportation corridors, site identification, space utilization strategies, recommendations for campus activation, and active collaboration and engagement with various stakeholders. The project will deliver comprehensive reports, site-specific recommendations, and engagement documentation.
 
“We are excited about this partnership with Innovation Collective and the positive impact it will bring to our business community,” said Chamber CEO Rebecca Martin. “By leveraging their expertise in innovation economies and placemaking, we aim to build a resilient and collaborative community, driving economic growth and prosperity.”
 
Innovation Collective’s team brings a wealth of experience and a 10-year track record in grass roots community and economic development. With collaborations in 12 states and 3 countries, the firm has demonstrated its commitment to building stronger, inclusive communities.
 
For more information on economic development projects at the Greater Federal Way Chamber of Commerce, visit fedwaychamber.com.


 

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