Economic Development

5 articles

A lively street in Oakland, California, showcasing diverse local businesses and engaged community members, representing successful community revitalization.

What is the role of local businesses in community revitalization?

In Oakland, California, a cooperative helps residents collectively buy and manage properties, directly challenging traditional development models and preserving affordability.

Caitlin O'Malley·August 13, 2026

Diverse small business owners celebrating receiving grant checks, symbolizing new opportunities and support from various funding programs.

Business & Economy

New Programs Offer Small Businesses Diverse Grants

LISC, a national non-profit, recently delivered $270 million in relief grants to approximately 26,000 small businesses.

Rafael Mendoza·August 12, 2026

A lively street scene in a small town showcasing thriving local businesses and community engagement in 2026.

Local Spotlights

What is the economic impact of supporting local businesses in 2026?

For every $100 spent at a locally owned business, approximately $50 recirculates and remains in the local economy, according to SustainableConnections .

Caitlin O'Malley·August 10, 2026

New York City small business owners facing bureaucratic hurdles despite city reforms, with a hopeful gaze towards City Hall.

Business & Economy

City efforts to boost small businesses face persistent hurdles

Mayor Mamdani's 'OPEN for Small Business' initiative in New York City alone includes over 50 reforms aimed at slashing red tape and boosting support for local enterprises, demonstrating a significant

Rafael Mendoza·July 31, 2026

A lively street in Newark, New Jersey, filled with diverse new local businesses and people enjoying the vibrant urban atmosphere.

Local Spotlights

30+ New Local Businesses Opening in Newark

In Newark, Audible's Business Attraction Program has poured $4.

Caitlin O'Malley·May 20, 2026