State Incentives: SSBCI Program Recap and Overview

State Incentives: SSBCI Program Recap and Overview In 2010, President Obama signed into law the Small Business Jobs Act, which created the State Small Business Credit Initiative (SSBCI). Functioning as a recovery response to the Great Recession, it delivered $1.5 billion in capital to small businesses. Federally, SSBCI phased out in 2017. Nevertheless, after more […]

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State Incentive Program Trends: Broadband Expansion

To ensure equitable access to broadband internet and spur economic development in underserved communities, many states offer incentive programs to for-profit businesses, local governments, and/or non-profit organizations to expand broadband internet access throughout the state. The incentives can take a variety of forms. Some states offer specific tax credits relating to broadband infrastructure development, like […]

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New Workforce Development Programs Reflect Importance and Need for Training and Talent Development

By Chelsea Thomson Even before the COVID-19 pandemic and social unrest, states incentivized employers to support those out of work and provide opportunities for occupational advancement, especially for marginalized communities and ones characterized by historic divestment.  These programs are crucial for getting people back into the labor market and providing the opportunities for reskilling and […]

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