News & Analysis as of

Economic Development Small Business

Dunlap Bennett & Ludwig PLLC

SBA May Limit Its Mentor-Protégé Joint Venture Program

On July 22, 2024, the U.S. Small Business Administration (SBA) published a Notice of Tribal Consultations seeking public comments on potential changes to its mentor-protégé joint venture program, citing a “perception that...more

Cozen O'Connor

NYC Mayor Adams Launches Extensive Zoning Initiative to Promote Residential Development

Cozen O'Connor on

On September 21, 2023, the Adams administration revealed details for the third of three City of Yes zoning initiatives, City of Yes for Housing Opportunity. In line with Mayor Adams’ moonshot goal of providing 500,000 new...more

Cozen O'Connor

Adams Administration Unveils the “City of Yes for Economic Opportunity Zoning Proposal”

Cozen O'Connor on

On June 13, 2023, the Adams administration announced the “City of Yes for Economic Opportunity” proposal. This proposal is intended to support small business growth and job creation through changes to the Zoning Resolution....more

Burr & Forman

Alabama Enacts “The Game Plan”: Legislation to Enhance the State’s Economic Growth

Burr & Forman on

On April 20, 2023, Alabama Governor Kay Ivey signed a legislative package aimed to spur economic development. Building off a record-breaking year for new capital investments, state leaders aim to expand and fortify Alabama's...more

Womble Bond Dickinson

Highlighting Key Economic Development Actions from Across the U.S.

Womble Bond Dickinson on

California - In the Golden State, a bill to expand the state’s approach to workforce development programs passed the Senate floor on a 31-6 vote on May 24th, and is set to be considered by the Assembly’s Labor and...more

Cozen O'Connor

Mayor Adams Outlines Vision for "City of Yes"

Cozen O'Connor on

On June 1, New York City Mayor Eric Adams announced his “City of Yes” plan to amend the city’s zoning tools to support small businesses, create affordable housing, and promote sustainability. His plan includes three major...more

Brownstein Hyatt Farber Schreck

Promoting Competition in the American Economy: Analysis

On Friday, July 9, President Joe Biden signed an Executive Order (“Order”) entitled “Promoting Competition in the American Economy.” The Order outlines 72 actions by 12 federal agencies aimed at promoting competition...more

Husch Blackwell LLP

SBA Extends The HUBZone Map Freeze To June 30, 2023

Husch Blackwell LLP on

The Small Business Administration’s HUBZone program provides federal contracting assistance for qualified small business concerns located in historically underutilized business zones in an effort to increase employment...more

Ruder Ware

Applications for Wisconsin’s “We’re All In” Small Business Grant to Open June 15

Ruder Ware on

The Wisconsin Economic Development Corporation (WEDC) will begin accepting online applications on June 15 for its We’re All In grant, which will provide $2,500 in relief to an estimated 30,000 small businesses throughout the...more

Lathrop GPM

Local Kansas City Funding for Small Businesses and Nonprofit Organizations

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In response to the global COVID-19 pandemic, Kansas City area economic development organizations, corporations, foundations and municipalities are offering financial assistance in the form of loans and grants to small...more

Genova Burns LLC

COVID-19 : A Synopsis of New Economic Development Authority Guidelines

Genova Burns LLC on

The COVID-19 global health pandemic is proving to have long-reaching economic effects. The New Jersey Economic Development Authority has introduced a multitude of programs to provide aid to New Jersey businesses....more

Miller Canfield

COVID-19: Act Quickly to Apply for Michigan Small Business Loans and Grants (Update)

Miller Canfield on

Michigan small businesses affected by COVID-19 may now apply for loans and grants through the Michigan Economic Development (MEDC) website. Earlier this month, we published an alert detailing the $20 million State of...more

Roetzel & Andress

Cleveland Approves Loan Payment Relief For Small Businesses

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The Cleveland City Council has approved legislation that will provide loan payment relief for local small businesses. The emergency legislation, which was introduced and approved on Monday night, will allow Cleveland’s...more

Bricker Graydon LLP

H.B. 166 FY20-21 Biennium Budget Overview

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On July 17, 2019, after a 17-day delay, Governor Mike DeWine and the 133rd General Assembly completed work on House Bill (H.B.) 166, the state’s general operating budget for the biennium. It concludes several months of...more

White and Williams LLP

Delaware Seeks to Incentivize Start-Up Technology Companies to Headquarter in the First State

White and Williams LLP on

The State of Delaware has long been an attractive home for businesses. A stable political system, accomplished judiciary and tested business laws combine for a business-friendly environment. Intending to build on this...more

Stinson - Corporate & Securities Law Blog

House Acts to Place Additional Limitations on SEC Rulemaking

With its passage of the SEC Regulatory Accountability Act last week, the U.S. House of Representatives has taken action to place additional constraints on future rulemaking by the Securities and Exchange Commission; however,...more

Bennett Jones LLP

Proposed Investment Tax Credit for Small Tech/Tourism Businesses in Alberta

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On September 29, 2016, Alberta’s Minister for Economic Development and Trade was in Calgary to announce a plan to introduce a 30-percent tax credit program for investments in small businesses during the fall sitting of the...more

McGuireWoods LLP

NC Politics in the News

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TRIANGLE BUSINESS JOURNAL: Forbes: North Carolina No. 2 best state for business, careers - North Carolina rises on Forbes’ list of best states for business and careers this year, with the state taking over the No. 2...more

Shumaker, Loop & Kendrick, LLP

Insights Newsletter - Spring 2015

In This Issue: - The Importance of Accredited Investors for Small Business Capital Formation - “All Appropriate Inquiries”: Update on the Environmental Due Diligence Standard - A Hunt for Justice Erodes...more

Sheppard Mullin Richter & Hampton LLP

10 Things You Didn’t Know You Could Import From Cuba

One aspect of the dramatic shift in U.S. policy toward Cuba that has not been widely reported is a relaxation of the old rule prohibiting imports of most Cuban goods and services. Under the new rules, if your Cuban supplier...more

Baker Donelson

The Next Hot Trend in Economic Development: Craft Beer

Baker Donelson on

The Brewers Association, a trade association representing small and independent American craft brewers, recently released the 2014 data on the United States craft beer industry. For the first-time ever, the craft segment...more

Polsinelli

Can You Satisfy CRA Requirements and Still Make Money? Try SBICs

Polsinelli on

Have you considered an investment in or creating a Small Business Investment Company? Doing so may provide financial institutions with a number of benefits, including credit toward annual investment requirements under the...more

Nexsen Pruet, PLLC

Entrepreneurial Growth and Recruitment Strategy: An Economic Development Formula for Success

Nexsen Pruet, PLLC on

Historically, most local economic development efforts, or regional efforts among a group of counties, have focused on business recruitment. These efforts have generally been focused on large business recruitment projects. ...more

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