Tag Archives: economic development

Stanislaus’ parents struggle with not paying child tax credit

Reveca Acosta, a Modesto resident and mother of two, says she stocked up on necessities while receiving child tax credit advance payments because she worried she couldn’t afford them. buy in the future. Andrea Briseno [email protected] For Reveca Acosta, a Modesto resident, living paycheck to paycheck is the norm. So when she received the child tax credit advance payments from ...

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Oregon Legislature passes plan to offer bigger loans to startups and small businesses

Oregon lawmakers have approved a bill expanding access to capital for businesses that are too new or too risky to qualify for conventional bank loans. Under the bill, Business Oregon would increase the cap on direct loans to startups through its Entrepreneurial Development Lending Fund to $1 million, up from the current temporary limit of $250,000. Business Oregon is the ...

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Democrats take to the road to promote green projects

President Biden recalled yesterday that Ohio Democratic Rep. Marcy Kaptur handed him a note right after his first joint address to Congress last year, extolling the virtues of the Great Lakes as an economic engine in his district. . “The Great Lakes underpin the life, work and play of millions of people, and we must invest in them if we ...

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Bristol Tennessee Announces New Business Grants | Latest titles

BRISTOL, Tenn. – Two grants designed to stimulate business expansion and exterior improvements to commercial buildings are available on a first-come, first-served basis to qualified applicants. Offered by the Bristol Tennessee Industrial Development Board, the grants are available as forgivable loans and will include awards of up to $10,000 for business growth or $5,000 for facade improvements, announced the city ...

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State prepares to deploy $237 million for small businesses through loans and venture fund investments

Nearly $237 million in federal funding coming to the state is planned to support small businesses in Michigan through loan initiatives and equity investments in venture capital funds. the Michigan Economic Development Corporation. (MEDC) aims to deploy federal funding across five programs, including investing $75 million in one or more venture capital funds operating in the state. By partnering with ...

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State awards provide money to Lake County and Chicago-area businesses impacted by 2020 looting

Aftermath of Metro PCS, 1320 North Lewis Avenue in Waukegan, after being damaged overnight May 31-June 1, 2020. | Photo: Edith Newsome, alderman for the 5th district of Waukegan Two Lake County businesses received grants as part of a statewide economic stimulus program to help businesses rebuild after the 2020 riots. The Illinois Department of Commerce and Economic Opportunity (DCEO) ...

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CNY Biotech Accelerator Wins $ 625,000 in Public Funding as Certified Business Incubator

The state has awarded CNY Biotech Accelerator $ 625,000 to renew its status as a New York State Certified Business Incubator. The facility is located at 841 E. Fayette St. in Syracuse. (File photo Eric Reinhardt / CNYBJ) SYRACUSE, NY – New York State has awarded Upstate Medical University’s Central New York Biotech Accelerator (CNYBAC) with a grant of $ ...

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Ulster County Small Business Assistance Program awards $ 543,000 – Daily Freeman

KINGSTON, NY – Eighteen small businesses in Ulster County have received a total of $ 542,983 under the County’s CARES Small Business Assistance Program, according to County Manager Pat Ryan. Funding for each ranged from $ 10,600 to $ 35,000 and was awarded through the Ulster County Economic Development Alliance, Ryan’s office said. A second round of CARES funding announcements ...

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Using New Money: Houghton Company, One of 41 Michigan Companies to Receive Grant | News, Sports, Jobs

Graham Jaehnig / Daily Mining Gazette Carl Rundman, owner of Good Times Music, located on Shelden Ave. in Houghton, stands behind the counter of his music store, the only one between Marquette and Duluth. Good Times Music received a $ 25,000 Match on Main grant on Thursday through MEDC. Rundman has already made major renovations to his store, and the ...

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A grant program helps finance computer apprenticeships in rural areas

Posted November 29, 2021 through Catherine schulte Mark Eschle helped Wize Solutions establish its grant-funded two-person learning program. Photo by Earl Neikirk Jonathon Evans graduated in computer science in May and wants to stay in his hometown of Abingdon. Lucky for him, information technology company Wize Solutions LLC was looking for apprentices as part of a targeted public program that ...

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How to prepare for vacation expenses; budget, plan, save and spend no more than you can afford

By Danielle DonhamUniversity of Kentucky For many, the holidays are often a time spent with loved ones, your favorite homemade meals and gifts. But, vacations can also be a stressful financial time if left unprepared. So what can you do to save money this holiday season, and how can you easily manage your shopping list? To help vacation buyers prepare, ...

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The subsidy program aims to relieve companies facing the impacts of road construction

SALT LAKE CITY (KUTV) – New Salt Lake City Grants Program May Provide Limited Relief for Business Owners negative impacts of road construction. The construction mitigation program is overseen by the Salt Lake City Department of Economic Development. The department’s business development director, Roberta Reichgelt, said this is a new program and if successful it could expand in the future. ...

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Berks LaunchBox Idea TestLab Final Pitch Winners Announced

The first three winners of the competition are: 1st place ($ 1,000 in seed funding): RISCQ Health (Talonda Rogers and Dina Torrie, Founders) – Their mission is to help women and families feel empowered to stand up for themselves for needed medical treatment by providing evidence-based educational information through an app and a “smart” pregnant plush, which will help decrease ...

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Local businesses receive $ 1 million in government funding – Yukon News

In the interest of transparency, the Government of Yukon’s Department of Economic Development has announced and identified the beneficiaries of its new Economic Development Fund program. “I am happy to see that the program is being used by a variety of local organizations and I hope this is just the start,” Economic Development Minister Ranj Pillai said. This year, 28 ...

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New scholarship fund seeks to help minority students advance in business

A new scholarship fund seeking to help minority students advance in business is the focus of a luncheon at the Bayfront Convention Center. The effort includes the nonprofit partnership, the Erie Community Foundation and the Greater Erie Economic Development Corporation. The goal is to raise three million dollars to fund scholarships of up to $ 150,000. The opening speech was ...

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Students gain entrepreneurial experience through the Harbaugh Assistant program

UNIVERSITY PARK, Pa .– Several undergraduates at Penn State’s College of Agricultural Sciences have the big picture to take research from the lab to the marketplace with a unique opportunity offered by the Entrepreneurship and Innovation Program at middle School. The Harbaugh Undergraduate Research Assistantship, funded by Earl Harbaugh, a 1961 college alumnus, and his wife, Kay, pairs undergraduate students ...

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PNC Foundation Announces $ 16.8 Million Grant to Support and Develop Black-Owned Businesses through New Howard University Center for Entrepreneurship

Stimulates PNC’s commitment to supporting black entrepreneurship and economic empowerment Posted: October 20, 2021 at 9:35 a.m. EDT|Update: 1 hour ago PITTSBURGH, 20 October 2021 / PRNewswire / – The PNC Foundation today announced a five-year term, $ 16.8 million grant to create the Howard University and PNC National Center for Entrepreneurship – aimed at creating resources and support for ...

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Golding Enters Impact Market With € 300 Million Global Private Equity Fund

MUNICH–(COMMERCIAL THREAD) –Golding Capital Partners is leading the strategic expansion of its impact investing division and launching its first institutional impact fund of funds. With “Golding Impact 2021”, the Munich-based asset manager pursues a global private equity impact strategy based on ambitious, quantifiable and integrated environmental and social sustainability goals. The new fund will focus on companies from Europe, North ...

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Operational support funding available for NWT businesses

Today, the Government of the Northwest Territories (GNWT) announced that businesses in the Northwest Territories (NWT) affected by recent public health measures can now apply to the Support Program. GNWT Entrepreneurs and Economic Development (SEED) for assistance with ongoing operational costs. Up to $ 5,000 is available for individual businesses that have been affected by the collection limitations. This short-term ...

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Montana’s flagship universities break research funding records

By Keila Szpaller (Daily Montanan)September 23, 2021 September 23, 2021 Through Missoula current A technician is conducting research at the University of Montana. (Current file Martin Kidston / Missoula) (Daily Montanan) Montana’s two flagship campuses this month announced record research activity for fiscal 2021, with $ 138 million in prize money in Missoula and $ 193 million in Bozeman. “UM ...

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CEDA: The Keys to Creating a Strong Business Loan Application | Business

Experts from the Cayuga Economic Development Agency helped Theresa Mendez, owner of Moonflower Macarons, obtain a loan from the Auburn City Small Business Assistance Program. Mendez is pictured near center holding scissors during Moonflower’s ribbon cutting on September 4, 2020. Provided Taylor Symes special for the citizen Whether you are a brand new business or an existing business looking for ...

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New financing program available for smaller businesses in the state

Smaller businesses in California now have access to an additional $ 56.5 million through the California Rebuilding Fund, which offers flexible, low-cost loans to support long-term recovery from the COVID-19 pandemic. First announced by Governor Gavin Newsom in November 2020, the California Rebuilding Fund is a public-private partnership that combines capital from private, philanthropic and public organizations to support new ...

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Courting startups: Singapore raises funds to boost IPOs

SINGAPORE, Sept. 17 (Reuters) – The Singapore government on Friday unveiled a S $ 1.5 billion ($ 1.1 billion) fund as part of a scheme to attract stock market listings from the city-state, with the aim of strengthening its exposure to the region’s booming technology sector. . The government and public investor Temasek co-investment fund will provide late-stage private finance ...

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$ 10.5 million grant program approved for recovery from tropical storms Henri and Ida

Provide grants of up to $ 5,000 to storm-affected businesses / nonprofits with up to 50 full-time equivalent employees September 8, 2021 The New Jersey Economic Development Authority (NJEDA) announced the approval of the Henri / Ida Business Assistance Grant program at a special meeting of its board of directors. The $ 10.5 million program will provide grants of $ ...

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Bills to Promote Hardin Co. Economic Development Site Advance in Kentucky Legislature | In depth

LOUISVILLE, Ky. (WDRB) – Kentucky is reportedly setting aside about $ 410 million for major economic development projects, including one in Hardin County, under bills introduced in a special legislative session. The largest portion – $ 350 million – is said to pay loans to companies that invest at least $ 2 billion in the state. These loans would be ...

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CME seniors gain hands-on experience in the Gulf Coast industry

Twenty students from the Haley Barbour Center for Manufacturing Excellence spent a week solving real world problems at Keith Huber Corp. at Gulfport. The event was part of an experiential course for seniors. Photo courtesy of Tyler Biggs / CME OXFORD, Mississippi – Twenty accounting, business and engineering students from the University of Mississippi had a rare opportunity to solve ...

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Building the future: how China and America differ in their industrial strategy

Western efforts to change the industrial policy of the People’s Republic of China (PRC) by targeting specific industries including biotechnology, lithium batteries, semiconductors, and solar panels, with numerous tax incentives and procurement and direct financial subsidies were in vain. They were doomed to failure, as the ruling Chinese Communist Party has never shared its political power with its “private sector”, ...

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Business and Healthcare Executives Join Latino Equity Fund Committee

The Latino Equity Fund, the Commonwealth’s premier philanthropic fund focused on the Latino community, announced the addition of two Boston area leaders to the fund committee, Joseph R. Betancourt, senior vice president of equity and Massachusetts General Hospital Community Health; and Ruben F. Salinas, serial medical technology entrepreneur, philanthropist, investor, government advisor and activist. They join a committee of 16 ...

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The Yampa River is the harbinger of the dry future of the West

The first public warning sign that the Yampa River in northwest Colorado was running low on water came during a scorching summer three years ago. Cross Mountain Ranch, a sprawling cattle, guest, and hunting farm near Maybell and the Yampa’s confluence with the Little Snake River, needed water to flood the grasslands for sheep and other livestock. But there was ...

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Small businesses making payments on city guaranteed loans

Small businesses in Columbus that received low-interest loans from a city-funded program designed to help keep businesses afloat during the pandemic have started repaying what they borrowed. The program, called Columbus INvigorate, loaned approximately $ 874,000 to 48 small businesses within Columbus city limits last year. The three-year loans ranged from $ 5,000 to $ 25,000 with a six-month interest ...

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