lokol Solves 21 Community Economic Development Challenges

1. A single common place for all economic development stakeholders to promote and support.  A collaborative and non-competitive oasis that reduces duplication of effort, dilution of budgets, and public confusion.  Does not eliminate the need for multiple agencies, but instead allows them to focus on their specific strengths.
2. Everyone, local and global, will have a central place to go to find everything related to your community.   A starting place for collaboration and research, and a pathway to other topic/organization-specific websites (municipality, tourism, chambers of commerce, development agencies, etc).
3. Budding entrepreneurs will have a single place in which to discover the various assistance that may be available to them, and an easy way to connect with the key people that can help guide and motivate them to take the next step.  The result:  more startups.
4. Entrepreneurs will have a place where they can establish meaningful business relationships and tap into your community’s global network.  This is especially critical for achieving export success.
5. Businesspeople will have a place where they can establish mentorships.
6. Branch plant location scouts will have a single online destination through which to discover the community and see a cohesive, well-organized, and modern initiative designed to build a sense of community and rally community support for business attraction.
7. Business owners seeking to retire or sell their businesses will be able to connect with buyers – locally and globally.  Businesses will remain open and grow instead of being shut down.  Sellers will have more wealth to spend and reinvest locally.
8. Local people interested in furthering their skills or employment opportunities will have a single online destination in which to discover the options available to them.
9. Students and underemployed individuals will have a way to connect with businesses interested in offering experience-building internships. Similarly, businesses will have an easy way to promote internship opportunities.
10. Local businesses interested in hiring new employees and connecting with new partners will have a way to find the right people.
11. Expatriates wishing to return, and immigrants wishing to settle locally, will have basic housing, living, community information, and support networks readily accessible to encourage them to take the next step.
12. Expatriates interested in returning home will have an avenue through which to communicate their desire to do so.  Expatriates waiting years for the right time and opportunity to come along will be able to increase the likelihood of both coming together.
13. Local businesses interested in hiring new employees and connecting with new partners will have a channel to connect with expatriates interested in returning.
14. Local businesses seeking investment financing will have a way to connect with local or expatriate investors.  Expatriate investors will have a way to find local companies in which they may be interested.
15. Locals and expatriates interested in staying abreast of local economic and community news will have a new online news source available.  A source that may even be better than fee-based subscriptions, which are often limited in their relevant news coverage.
16. Promoting good news stories will be a cohesive process, with archival capability and a single place to showcase the overall breadth and depth of the activity that is happening in a community.
17. Nonprofits and community organizations will have an easy way to connect with volunteers, and volunteers will have a way to express their interests in helping.
18. Governments can enhance civic engagement, combat voter apathy, crowdsource community asset mapping, conduct polls, and more.
19. A living and vibrant community that is always current.  Minimizes the stale information that is common with community websites.
20. A way to facilitate, monitor, and measure community activity that leads to economic success.
21. lokol not only solves your primary challenges, but it can serve as a revenue generator rather than a cost center.

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