by Ellen D. Harpel | Aug 3, 2020 | Incentive programs
We know that small businesses have been severely affected by the COVID-19 economic downturn. The smallest businesses and minority-owned businesses are struggling the most yet have had the greatest difficulty in accessing the major programs intended to assist them. As...
by Ellen D. Harpel | Jul 22, 2020 | Program Evaluation
In June, the South Carolina General Assembly Legislative Audit Council released its Review of Incentive Programs Administered by the S.C. Department of Commerce. News reports suggested the audit was requested by legislators frustrated by the incentive deal offered to...
by Ellen D. Harpel | Jul 9, 2020 | Incentive programs
Amid ongoing high demand for personal protective equipment (PPE), states continue to develop new ways to increase supply and bring buyers and sellers together. Economic development organizations and their partners are offering PPE incentives, technical assistance for...
by Ellen D. Harpel | Jun 30, 2020 | Opportunity Zones
The Urban Institute released a research report suggesting that Opportunity Zones will continue to struggle to achieve equitable economic development goals and will face challenges financing mission-oriented investments. Changing this trajectory will require addressing...
by Ellen D. Harpel | May 26, 2020 | Incentive programs
The COVID-19 economic downturn has created a need for economic development organizations to adjust existing incentive agreements with companies. State economic development leaders strive to offer flexibility to struggling firms in a fair manner while still protecting...
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