Mt. Auburn Associates was established in 1985 to help organizations and
municipalities achieve better success in planning and facilitating economic
development projects. Since that time, we have built a strong reputation
as skilled partners in projects that create shared and sustainable economic
well-being in communities across the United States.
Our associates
and collaborators share a commitment to listening carefully to clients and
developing strategies targeted to meet their specific goals. The scope of
our work ranges from broad-based economic development planning to more focused
strategic plans involving workforce development, the creative economy, entrepreneurship
and small business development, development finance, and industry "cluster"
development.
Our broad experience and strong grounding in regional
and local economic development theory help us to focus clients on the factors
most likely to influence their projects’ success. Mt. Auburn’s work at the
state, regional, county, municipal, and neighborhood levels has given us
an in-depth understanding of both the dynamics of regional development and
the way in which sub-regional areas function economically within a larger
regional context.
Key features of our services include:
- Expert use of quantitative and qualitative analysis
- In-depth knowledge of models and best practices throughout the U.S.
- A high level of interaction with the client and key constituent
groups
- Customized strategies built on local conditions, the
client’s aspirations, and capacity
Our approach includes the following:
An integrated development model
Economic development traditionally has focused on business attraction, expansion,
retention, and startup. Mt. Auburn’s model integrates traditional
economic development with community development, an approach that includes
revitalizing defined geographic areas and helping residents acquire the
skills they need for job access. We view this integrated model as
a more powerful framework for improving local and regional economic conditions.
Shared and sustained economic well-being
We believe it is not enough to develop strategies that simply promote job
creation. An important goal of economic development is to raise income
levels, particularly among the economically disadvantaged. This requires
attention to the quality of jobs and concern about who is getting those
jobs. In addition, development activity should be undertaken in a
manner that retains or enhances the quality of life and environment not
only in the present, but also for future generations.
Thoughtful customization
Too often, economic development studies are characterized by standardized
methodologies and over-reliance on quantitative data. Mt. Auburn uses
data and standard analytical tools extensively, but only as a starting point,
augmenting them with in-depth primary research. We then weave quantitative
and qualitative information into a clear, in-depth situation analysis.
Our recommendations are similarly tailored. While Mt. Auburn is highly
knowledgeable about relevant models and best practices, we carefully draw
from successful models to craft homegrown solutions. The results are
fully attuned to local objectives, resources, and capacity.