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Blog: Economic Development

01-29-18

Liquor Licenses: A Budding Catalyst for Inner City Revitalization

ICIC

The use of liquor licenses as an economic development tool is a comparatively recent consideration among practitioners and policymakers, driven by an increased focus on equitable economic growth and growing recognition of antiquated public policies that underlie licenses’ distribution in many cities. In roughly half of US states, liquor license distribution is controlled or capped at the state-level. Read More


01-10-18

Small Business Forward Advances a Data-Driven Approach for Entrepreneurial Support

ICIC

As part of our partnership with JPMorgan Chase's Small Business Forward program, ICIC has been working closely with a group of entrepreneurial support organizations (ESOs) focused on the high-tech sector to better understand their impact on early-stage businesses. As the field of entrepreneurial support continues to mature, our evaluation provides a critical opportunity to better understand what effective support for high-tech, early-stage businesses looks like. Our findings also start to fill a critical data gap for ESOs. Read More



10-06-17

Howard University’s Strategic Anchor Engagement Continues to Benefit D.C.’s LeDroit Park Neighborhood

ICIC

The relationship between universities and their surrounding communities can often prove challenging, with both groups struggling to find a common language for communicating needs and opportunities. In Washington, D.C., Howard University has long had a complex and multilayered relationship with the LeDroit Park neighborhood, located immediately southeast of the university. Read More


09-29-17

New York City Supports Industrial Development through Innovative Financing Solution

ICIC

In many cities across the country, preservation of industrial land has become difficult as strong demand for housing has led to the redevelopment of many formerly industrial sites into mixed-use projects that feature housing, retail, and office space. This loss of industrial land raises important and timely questions about how cities are pursuing balanced and equitable economic development. ICIC’s own research has shown that many industrial jobs allow workers to earn a living wage: on average, workers earn 200 percent over federal minimum wage. In addition, industrial areas—often located in inner cities—can provide accessible employment opportunities for local residents. Read More


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