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08-04-17

Private Bond Market Emerging as a Tool for Inner City Community Development

ICIC

Social impact investing is increasingly being utilized by Community Development Financial Institutions (CDFIs). However, CDFIs are often limited in how they can use the funds. The capital may be restricted to a narrow geography, or constrained to certain programmatic areas. Therefore, even with the expansion of their sources of capital to encompass social impact investing, CDFIs continue to explore new avenues for capital diversification. Read More



06-30-17

Creating opportunity through innovation

ICIC

A better future depends on science, technology, innovation, and entrepreneurship, but it also depends on harnessing these tools as a way to solve society’s shared problems. Growing jobs and wealth in a community is the goal of nearly all economic development programs, but more can be done to ensure that the public good is given an equal priority when developing regional prosperity strategies. Read More


06-22-17

Women in small business are powering the nation’s economy

ICIC

Women in small business are a force to be reckoned with: according to the National Association of Women Business Owners (NAWBO) more than 9.4 million firms are owned by women. These organizations employ nearly 7.9 million people and generated $1.5 annual trillion in revenue as of 2015. Additionally, women-owned firms represent the nation’s diversity in more than just gender: 2.9 million firms are majority-owned by women of color, and they employ 1.4 million people while generating $226 billion annually in revenues. Read More


06-15-17

Small businesses seize opportunities in renewable energy

ICIC

Small businesses have been making major moves in an industry that is anything but small: renewable energy. In the United States, nearly 800,000 jobs have been created because of renewable energy, and the industry is showing no signs of slowing down. Since 2016, solar energy has been creating jobs at 17 times the rate of the national economy, and a new wind turbine gets installed in the United States every 2.4 hours. Participation in this industry puts a company at the vanguard of the energy sector, allowing them to grow with the demand for “green” energy. Read More


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