U.S. Economic Development Administration’s Post

The latest issue of the EDA Impact newsletter is now available. EDA's historic investments continue to impact communities across America. Explore our April edition to catch up on the latest news: https://bit.ly/3TQeh3h #EconomicDevelopment #InvestingInAmerica

Looking forward to speaking and moderating the SIDS 2.0 session on building an inclusive digital economy and business sector, and unpacking key foundations required to drive progress forward!

Private companies are vital partners in resilience-building, offering innovative, efficient, market-driven solutions that often surpass traditional aid programs. By leveraging business models and market forces, we enhance the resilience of households, businesses, institutions, and markets. Many companies provide essential public goods such as financial services, digital connectivity, energy, transportation, extension services, climate information, and nutritional products. While these form the foundation of a resilient society, access remains a significant challenge for many households. Our intervention focuses on bridging this gap by addressing a crucial question: How can we ensure these vital products and services reach the poor commercially at affordable rates? We engage with energy companies to combat fuel poverty, food companies to tackle nutrition insecurity, grain aggregators to improve smallholders’ market access and financial institutions to increase access to finance. This approach navigates the intersection of profit and public good, fostering powerful and imaginative solutions that transform market challenges into opportunities for widespread resilience. Our role is to catalyze these partnerships, harnessing private sector expertise and resources to create sustainable, scalable solutions that strengthen both communities and markets.

We found this interesting @brookingsinst article on place-based economic policy and wanted to share some key insights. 🔑 The Build Back Better Regional Challenge (BBBRC) is a $1 billion initiative by the Economic Development Administration (EDA) aimed at supporting the local development of critical industries and technologies. With investments ranging from $25 million to $65 million for 21 regions, the BBBRC seeks to deliver economic opportunities to underserved communities. Key findings highlight the importance of building diverse coalitions, aligning actions, and developing innovative project ideas to enhance regional success. The article also emphasizes the need for investing in local capacity, fostering cross-agency coordination, and centering equity in policy designs. 🔗 We highly recommend you read more here https://lnkd.in/gthCrnS5 🔗Apply to work with us: https://lnkd.in/gCi9bPwT #revfund1 #investmentservice #investmentfund #orangecountyinvestor #orangecountyinvestment #sustainableinvestment #meaningfulbusiness #climatetech #healthequity #humanequity

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 Unraveling the Threads: The 2030 Agenda, Universal Basic Income, and the New World Order In the modern world, discussions surrounding economic policies and sustainable development often take on an air of conspiracy, particularly when intertwined with significant societal shifts like the 2030 Agenda for Sustainable Development and the concept of Universal Basic Income (UBI). This exploration delves into how these seemingly separate ideas could reflect a broader, more coordinated effort towards establishing a New World Order, raising questions about the motivations behind these initiatives. The 2030 Agenda: A Blueprint for Global Governance? Adopted by United Nations Member States in 2015, the 2030 Agenda for Sustainable Development outlines a vision for a more equitable and sustainable future. With its 17 Sustainable Development Goals (SDGs) and 169 associated targets, the agenda aims to eradicate poverty, combat inequality, and protect the planet. However, beneath the surface lies a chilling reality: the implementation of these goals may pave the way for a centralized global governance structure. Critics argue that the SDGs, while noble in intention, could inadvertently serve as tools for international bodies to exert control over national policies. The overarching goal of "leaving no one behind" raises eyebrows, suggesting a push for uniformity that may strip nations of their sovereignty in favor of a homogenized global policy framework. This notion echoes the sentiment of conspiracy theorists who claim that a shadowy elite is orchestrating these efforts to establish a totalitarian world government. Universal Basic Income: A Safety Net or a Control Mechanism? Parallel to the 2030 Agenda, the concept of Universal Basic Income (UBI) is gaining traction as a potential solution to poverty and inequality. UBI proposes providing all citizens with a regular, unconditional sum of money, regardless of employment status. On the surface, this initiative appears benevolent—addressing economic instability in a rapidly changing job market. However, skeptics contend that UBI could serve as a mechanism for control rather than liberation. By providing citizens with a basic income, governments may gain unprecedented power over individuals' lives. Critics argue that a guaranteed income could create a dependency on the state, allowing governments to dictate not just financial security, but also personal freedoms. This aligns with conspiracy theories suggesting that such policies are designed to pacify the masses while a small elite consolidates power behind the scenes. read the full article https://lnkd.in/gY9PyTkd Check out my two books https://lnkd.in/gwQqf_5U

Of all the metrics in YIMBY Action and YIMBY Law's 2023 Impact Report, I want to spotlight the number of housing units/projects supported last year: 169,520 units across 370 projects in 75 cities. Supporting housing projects so they can get the entitlements needed to become a reality is the most immediate way we can change housing in America today. But we can't support these projects unless we know about them! If you're a developer or project team consultant with a project that needs positive, pro-housing voices in the room, tell us about it! (Link in comments) You can read the full Impact Report here: https://bit.ly/43khnRy. A peek at our other strengths in numbers: 💪 People power: 58,000 activists across 54 chapters nationwide 🚨 Legislative wins: 19 pro-housing policy wins in eight states 👮♀ Legal enforcement: 524 enforcement letters sent and six lawsuits filed 🏆 Electoral wins: 81 pro-housing champions elected to office

The ISR Committee is dedicated to fostering economic development and financial literacy, aiming to uplift communities through knowledge and resources for a brighter economic future. Committed members organize workshops in rural areas, teaching fundamental financial concepts to empower individuals in making informed decisions. In addition to financial literacy, we collaborate with local communities, identifying strengths like agriculture or crafts. Together, we devise projects to enhance these assets, providing training, market linkages, and access to micro-financing. This transforms skills into sustainable income-generating activities. The ISR Committee remains steadfast in its commitment to creating positive change by fostering economic growth, self-reliance, and hope in often-overlooked communities. Nurturing financial literacy and sustainable economic development align with our goal of contributing to a more equitable and prosperous society as we collectively work towards a brighter future for all. Dr.Neha Parashar Dr. Jyoti Mehndiratta Kappal Ardhendu Shekhar Singh SYMBIOSIS INTERNATIONAL UNIVERSITY Nihal Ahmed Dalwai Tushar Kuchibhotla Sneha Ghatge Tanvi Shah Rakshita Jain #ssbf #ssbfpune #symbiosis #bankingandfinance #fintech #isrcommittee #joyofgiving #society #economicdevelopment #financialliteracy #growth

As I’ve gone deeper into the topic of wealth inequality, a critical question that keeps emerging is: what are strategies for sustainably financing community ownership and steward ownership models? Well, Common Trust and Purpose Foundation (US) have given us a nuanced set of case studies and a powerful set of recommendations in response! 📚💥🤯 Their new book -- Assets in Common -- powerfully illustrates how interconnected enterprises can not only foster economic resilience but also generate shared upside and provide a viable alternative to the extractive economy. 🌍💰 Definitely worth a read! https://lnkd.in/eZQUkrKG #WealthInequality #CommunityOwnership #StewardOwnership #AssetsInCommon #EconomicResilience

🆕 NEW: With the administration and General Assembly considering the potential for new economic development programs this budget season, a new report finds that Ben Franklin clients generated $2.8 billion in revenue and secured $1.2 billion in post-Ben Franklin financing last year. Read the report: https://lnkd.in/e8EpzZ3 #BenFranklin4PA #economicdevelopment #innovationeconomy #pabudget