What area of the economy does it address?

REALNEO supports economic development at all levels of the economy.

At the highest organization, government and institution levels, REALNEO
allows people to find important information, contacts and resources and
form clusters, initiatives and project teams and collaborate. This
makes teambuilding and collaboration more efficient and effective. The
benefits include more successful enterprises, better project outcomes,
stronger alliances between organizations and people, and streamlining
of development processes of all types. What good outcomes are realized
at these levels will benefit everyone in the region.

At the business initiative and entrepreneurship levels, REALNEO
allows people undertaking business to find support resources, submit
and develop plans and knowledge, identify strategic partners and
collaborate across boundaries and borders.

At the individual level, REALNEO
allows area people to communicate and be known – to use information
technology in productive ways and gain from the resources and
experience. People may use that to develop a new enterprise or to
develop themselves – they may network within their own physical
neighborhood or reach out around the world. With this knowledge and
experience, area people will become more valuable participants in the
local economy, whether creating jobs or filling them, having a large
positive impact in the community, increasing with future generations.

At the cluster level, REALNEO
advances important information technology understanding in this region,
expanding awareness of the potentials of social networking, knowledge
management, the Internet and open source and other programming –
creating job opportunities in and using knowledge from the IT cluster.