Economic Development
30 articles

Florida's Top Business Incubator Driving Economic Growth
In 2025, client companies of the UCF Business Incubation Program collectively employed over 600 professionals and secured more than $78 million in contracts.

Black-owned businesses thrive at Orion Amphitheater's Bold Market
Businesses participating in The Bold Market at Orion Amphitheater are reporting significant growth in sales and acquiring recurring customers.

Local Business Boosts May Cost $8,000 Per Job, Leaving Equity Behind.
In a surprising 4-3 vote, a county commission recently suspended a local business incentive program, halting a strategy that prioritized corporate tax breaks over community equity.

What Are Business Improvement Districts and How Do They Impact Cities?
Shawn Rutter of the campaign Against Bid states that over 2,000 businesses have sought their help to challenge Business Improvement District (BID) creation, according to theguardian .

How Do Community Excellence Awards Boost Local Business Reputation?
Priority Signs & Graphics, a local business, has already secured the 2026 Southlake Chamber Small Business of the Year Award.

NYC Mayor announces over $8 million in new small-business grants
New York City Mayor Zohran Mamdani announced $8.4 million in small-business grants this week.

Fresno: A Hub for Entrepreneurs
Fresno, California, a city often overlooked, secured the sixth spot nationally for entrepreneurship, according to GoDaddy's Small Business Research Lab .

Local Businesses Boost Community Growth
In San Marcos, Texas, city officials are advising local businesses to increase supplies, offer game-day specials, and update online presences.

Local Governments Face 2026 Challenge to Boost Transparency
The Allen Parish Police Jury voted to prohibit police jurors or anyone acting on behalf of the parish from signing non-disclosure agreements (NDAs) related to economic development projects, according

How Local Businesses Engage Their Communities
Rentec Direct, a local business, reinvests a staggering 100% of its revenue directly back into its community.

Catalyst Fund Invests $9.8M in 271 Businesses
Korea Taqueria, a Korean and Mexican fusion restaurant, expanded from a single food cart to three full restaurant locations with support from a local grant, demonstrating the significant impact of tar

Local Business Collaboration Boosts Inclusive Employment
On a $380 million project at Los Angeles International Airport, construction giant Skanska quadrupled its goals for local small business participation.

Community Art Events Drive Economic Growth and Engagement
In Midtown, Detroit, the Art and Belonging Martkt opened in September, hosting a variety of events from a sneaker competition with Reebok to Black History Month exhibitions, demonstrating how communit

Small Business Growth: The Disparity in Economic Funding
Eli Lilly's expansion in one state secured $100 million in tax credits, the largest in that state's history.

Why Shop Local Campaigns Offer Untapped Economic Potential
Aberdeen's new 'Aberdeen Summer...' initiative signals a growing understanding that 'shop local' campaigns offer economic benefits far beyond immediate sales.

8 Best Downtown Areas in Great Lakes Towns
In Traverse City, Michigan, a former cannery district now boasts a 98% occupancy rate for its mixed-use developments, drawing over 2 million tourists annually to its vibrant waterfront and culinary sc

What is the role of local chambers of commerce in supporting small businesses?
Simply joining a local chamber of commerce can increase consumer favorability towards a business by 44% and boost the likelihood of purchase by 63%, according to Allenchamber .

How to Establish and Maintain a Local Business Improvement District
Establishing and maintaining a Business Improvement District (BID) is a strategic approach to revitalize urban commercial corridors and boost local businesses.

What Are Historic Preservation Districts and Why Do They Matter for Tourism?
In Florida, historic preservation generates an estimated $4.

Philadelphia Small Business Fund's Capacity Shrinks to $5M
Philadelphia Small Business Catalyst Fund's investment capacity shrinks to $5 million this year.

Local events are key to community cohesion and economic vitality.
A small town's annual pancake breakfast, costing just $500 to organize, generated an estimated $20,000 in local spending last year.

Local Businesses Are The True Economic Engine For Community Growth
In the past year, 90% of small business owners didn't just run their companies; they donated money to local groups, charities, and schools.

Innovative Local Startups Reshaping Our City's Economy
Calgary's tech workforce surged by over 61% between 2021 and 2024, while in New York City, a garment manufacturer pivoted to produce essential PPE, securing critical contracts.

Local Entrepreneurship: Job Growth Concentrated, Not Widespread
In one Midwestern city, 85% of all new jobs created by startups last year came from just three software companies.

Local Businesses Embrace Sustainable Practices for Future Impact
At necessary & sufficient coffee®, customers bringing their own cup get a discount, but the real story is how this local cafe has woven zero-waste, living wages, and local partnerships into its very f

Historic Preservation Districts: Economic Value & How They Work
Properties located within Baltimore's designated local historic districts currently hold an average value more than twice that of properties situated in other parts of the city.

June 2026 retail report shows Emeryville's surprising experience-driven growth
Despite a major national chain department store closing its doors in May, Emeryville's overall retail sales surged by 7.

Kenosha Area Business Alliance receives $240,000 grant for talent recruitment
The Kenosha Area Business Alliance (KABA) offers a $5,000 bonus to workers in high-demand fields relocating to Kenosha County, an aggressive move to attract talent, according to The Business...

Springfield: Ohio's Rising Value City for 2026
A single data center investment in Springfield, Ohio, is bringing $1.

Los Angeles sees major business growth, new opportunities emerge
Seventy entrepreneurs in Los Angeles recently received $2,000 each from a $140,000 grant program, according to LA County Awards $140000 in Entrepreneurship Academy Grants to .