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The Department of Economic Development stimulates business development and job creation. The department assists through support in financing, licensing, business recruitment, and marketing services. The Department of Tourism and Marketing promotes Vermont as a travel destination through the mediums of print, television, radio and the World Wide ...
An economic development incentive is known as "cash or near-cash assistance provided on a discretionary basis to attract or retain business operations." [ 1 ] These benefits principally encompass tax and economic incentives provided by federal , state , or local governmental bodies.
After the United States Community Services Administration decided to not continue funding OCCSA, Northeast Kingdom Community Action (NEKCA) was established in 1980 in a July 3, 1980 Executive Order by Vermont Governor Richard A. Snelling, to "work cooperatively with the other Community Action Agencies in the State and with the State Economic ...
In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States.
The Texas Enterprise Fund is a business incentive fund that was created by legislation in 2003. The fund, which had an initial $295 million investment, is used for ensuring the growth of business in Texas. One of Texas’ most competitive recruitment tools, these funds are used primarily to attract new business to the state or assist with the ...
Community development grants aim to improve the quality of life in communities through projects that address issues such as housing, public safety, economic development, and social services. These grants can fund the construction of affordable housing, the establishment of community centers, and programs that provide job training and support to ...
The sprawling bill carves out $100 million for the Seaport Economic Council, $99 million for advanced manufacturing, $400 million for MassWorks public infrastructure projects, $100 million for the ...
The ability of the government to tax and spend in specific regions has large implications to economic activity and performance. The main question behind this issue stems into three different approaches. First, federal spending should be neutral, meaning federal taxation should roughly equal expenditures.