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Blog: Economic Development

08-11-17

San Francisco Fed: Workforce development may help boost business formation

ICIC

This article originally appeared on SSTI.org From Main Street businesses to technology startups, research has shown the rate of new business formation in the United States has plummeted since the 1970s. In the past year, the Digest has frequently cited research from the Economic Innovation Group (EIG), the Kauffman Foundation, and the Federal Reserve on the impacts of declining ... Read More


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



07-21-17

As New Orleans Economy Recovers, Focus Shifts to Growing Inclusive Clusters and Entrepreneurship

ICIC

Among its devastating effects, Hurricane Katrina had a destructive impact on regional employment. The storm, and its aftermath, eliminated more than 190,000 jobs in New Orleans alone. In the months following the disaster, employment rolls fell precipitously and remained stubbornly low, even as investment in the city began to increase. Now, over 10 years later, the New Orleans economy is bouncing back, and a focus on clusters and entrepreneurship are some of the major drivers of the city’s post-Katrina growth. Read More



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