Economic Development – Avance Economico http://avanceeconomico.com/ Fri, 01 Jul 2022 20:25:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://avanceeconomico.com/wp-content/uploads/2021/07/icon-7.png Economic Development – Avance Economico http://avanceeconomico.com/ 32 32 A’ville City Council approves plans for 3 economic development projects | New https://avanceeconomico.com/aville-city-council-approves-plans-for-3-economic-development-projects-new/ Fri, 01 Jul 2022 20:25:00 +0000 https://avanceeconomico.com/aville-city-council-approves-plans-for-3-economic-development-projects-new/ Albertville City Council on Monday evening approved the passage of three ordinances intended to authorize the issuance of general obligation warrants for future economic development projects. The first discussion order related to the purchase of a building from BAE Systems at the Albertville airport. The second project would be to upgrade the park and amphitheater […]]]>

Albertville City Council on Monday evening approved the passage of three ordinances intended to authorize the issuance of general obligation warrants for future economic development projects.

The first discussion order related to the purchase of a building from BAE Systems at the Albertville airport. The second project would be to upgrade the park and amphitheater at Sand Mountain, including a new multipurpose building. The final ordinance approved the issuance of general obligation warrants to refinance existing debts within the city.

City investment banker David Langham previously said state economic development laws allow cities to borrow for economic purposes without affecting their status as borrowers in other areas.

Earlier in the meeting, City Council approved liquor licenses for Beef O’Brady’s Albertville, Fairfield Inn by Marriott and TJ’s Hotwings. The Alcohol Review Committee voted unanimously to recommend licensing of both Beef O’Brady’s Albertville and Fairfield Inn by Marriott. The council also approved a license for JWs.

The next city council meeting will be held on the second Monday of the month, July 11, instead of the first Monday on Independence Day.

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City presents plans to improve corridors along 11th and 12th streets https://avanceeconomico.com/city-presents-plans-to-improve-corridors-along-11th-and-12th-streets/ Wed, 29 Jun 2022 05:04:54 +0000 https://avanceeconomico.com/city-presents-plans-to-improve-corridors-along-11th-and-12th-streets/ Wednesday, June 29, 2022 by Chad Swiatecki The city shared some of its initial plans to improve the African American Cultural Heritage District along 11th and 12th Streets with venue, entertainment and development options expected in the coming months. In a note Released last week, Economic Development Department Director Sylnovia Holt-Rabb shared three possible strategies […]]]>

Wednesday, June 29, 2022 by Chad Swiatecki

The city shared some of its initial plans to improve the African American Cultural Heritage District along 11th and 12th Streets with venue, entertainment and development options expected in the coming months.

In a note Released last week, Economic Development Department Director Sylnovia Holt-Rabb shared three possible strategies for responding to some City Council directives contained in a Resolution 2021 intended to strengthen the cultural fabric and economic vitality of the area just east of Interstate 35. The resolution included eight actions as well as several follow-up requests for the city manager and staff, including the creation of an inventory of cultural assets in the district, the creation of an incentive program to attract and support creative-focused businesses, and finding ways to accelerate additional investment in the area.

Holt-Rabb wrote that recently confirmed contracts with Saber Development and Found Design will be used to improve the overall design and creation of places throughout the district, including the creation of a heritage orientation manual which is expected to be completed this fall. There will also be branded design work, as well as the fabrication and installation of selected wayfinding elements carried out under separate contracts.

The Saber contract calls for identifying ways to economically improve the neighborhood with relevant city programs and policies.

The call to improve the district’s entertainment and cultural offerings will build in part on the recently created Live Music Fund events program, which was approved by the Music Commission in February to promote diversity while creating opportunities in the music industry, including live events and recorded music production. Overall, the Live Music Fund is expected to be launched and active in awarding grants by next summer due to understaffing at EDD and the need to hire an outside administrator.

Council’s goal of receiving proposals for the redevelopment of the 1100 block of East 11th Street will be primarily managed by the Austin Economic Development Corporation, which will help administer three development projects and assess the feasibility of the plan. of urban renewal in the district. EDC will also engage a consultant to create a strategic plan for the African American Cultural and Heritage Center, which was recommended by a recent audit of cultural centers in the city.

The neighborhood, whose boundaries reach I-35 to the west, Airport Boulevard to the east, Manor Road to the north, and East 11th/East Seventh to the south, was created in 2007 to recognize the concentration of African-American landmarks and historical. and cultural assets that need to be preserved. Redevelopment and improvement efforts over the decades have had mixed success, although Council and community leaders are hopeful that recent changes to planning rules will have a positive impact.

In April, Council voted to make changes to the area’s urban renewal plan while leaving the underlying zoning categories in place. The proposed changes for the two corridors would eliminate the floor area ratio and compatibility requirements, and modify the height limit somewhat to allow for greater density.

Residents’ biggest concern when discussing these changes is the inclusion of more live music venues and cocktail bars, in an effort to bring some of the Old Austin atmosphere back to an area that was once filled with nightclubs featuring performances by popular touring musicians.

During a second reading of the changes earlier this month, Council Member Natasha Harper-Madison, who represents the region, said her amendments to allow more hospitality uses had broad support across the country. region, with these views to be expressed at the scheduled third reading. will take place on July 28. It will take nine votes to pass the changes due to residents creating a valid petition opposing them.

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Legendary Shoals save region now offers incentives https://avanceeconomico.com/legendary-shoals-save-region-now-offers-incentives/ Mon, 27 Jun 2022 12:45:49 +0000 https://avanceeconomico.com/legendary-shoals-save-region-now-offers-incentives/ By LISA SINGLETON-RICKMAN, TimesDaily FLORENCE, Ala. (AP) — Economic developers have launched the Shoals Music Makers Recording Incentive, which will offer recipients up to 30% cashback on projects recorded in the Shoals. In an effort to continue the region’s legendary tradition of successful recording, the Shoals Economic Development Authority Board of Directors is embracing a […]]]>

By LISA SINGLETON-RICKMAN, TimesDaily

FLORENCE, Ala. (AP) — Economic developers have launched the Shoals Music Makers Recording Incentive, which will offer recipients up to 30% cashback on projects recorded in the Shoals.

In an effort to continue the region’s legendary tradition of successful recording, the Shoals Economic Development Authority Board of Directors is embracing a cultural economy that sees music and film as viable economic engines.

Shoals EDA President Kevin Jackson said the music and film incentives plan had been in the works since 2019. Funding for the incentives was provided by Shoals’ Industry Development Committee, which adopted the plan. in 2021.

“Music and film recruitment has been one of our targets,” Jackson said. “At this stage, we are focusing on the music, but the cinematic aspect is also ready to be exploited.”

“Everybody’s ready to really amp this stuff up,” he said.

Incentives are based on submitted reimbursement receipts and are categorized into four tiers, from Tier 1 from $5,000 to $10,000 to Tier 4 from $75,000 to $200,000.

Refunds range from 10% on smaller projects to 30% on larger ones.

Judy Hood, president of the Muscle Shoals Music Foundation, said now is the time for such incentives.

“Over the past few years, several producers, artists and managers have moved to the Shoals area from Nashville, Los Angeles, Portland, Atlanta and other major cities,” she said. “This program is designed to build on that momentum.”

She said the program’s goal is to boost the local music industry by encouraging producers and recording artists to bring their projects to one of Shoals Studios, where dozens of artists have scored hits over the years. years.

“We are already seeing results,” she said. “Several producers have contacted us.”

The reimbursement selection process will include an interview with the candidate and an analysis of the economic impact of the project.

Swampers bassist David Hood says the program is a welcome addition that will help his own efforts and those of other musicians attract even more artists.

“It always helps to reach potential customers with incentives like this,” he said. “It will definitely help our recruiting efforts and increase business.”

Last week, Hood spent time at Muscle Shoals Sound Studio to overdub the song “Woman,” which is part of the soundtrack for the upcoming movie “Sweetwater Road.”

The film, which was directed and produced by Myk Watford, was shot primarily in the Shoals. Watford asked for the incentive.

Studio executive director Debbie Wilson said the Watford project is an example of how the Shoals are prepared to welcome talent from all over.

“We expect to see continued growth with the music and film industries here, and contributing to that with these artist incentives is huge,” she said.

Applications are accepted through the website at www.shoalsmusicmakers.com.

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PUBLIC NOTICE: MEETING OF THE BOARD OF DIRECTORS OF Yonkers Economic Development Corp. will be held on Tuesday, June 28, 2022 at 10:25 a.m. EST via Zoom https://avanceeconomico.com/public-notice-meeting-of-the-board-of-directors-of-yonkers-economic-development-corp-will-be-held-on-tuesday-june-28-2022-at-1025-a-m-est-via-zoom/ Fri, 24 Jun 2022 22:55:04 +0000 https://avanceeconomico.com/public-notice-meeting-of-the-board-of-directors-of-yonkers-economic-development-corp-will-be-held-on-tuesday-june-28-2022-at-1025-a-m-est-via-zoom/ Join Zoom Meeting https://us02web.zoom.us/j/88480363431?pwd=QecIzv41wy9DUt03pDzcowf7lMr1JC.1 Yonkers Economic Development Corporation (YEDC). Meeting ID: 884 8036 3431 Access code: 073632 One-click mobile +16465588656,,88480363431#,,,,*073632# United States (New York) +13126266799,,88480363431#,,,,*073632# United States (Chicago) Dial by your location +1 646 558 8656 USA (New York) +1 312 626 6799 USA (Chicago) +1 301 715 8592 United States (Washington DC) +1 253 […]]]>

Join Zoom Meeting

https://us02web.zoom.us/j/88480363431?pwd=QecIzv41wy9DUt03pDzcowf7lMr1JC.1

Yonkers Economic Development Corporation (YEDC).

Meeting ID: 884 8036 3431

Access code: 073632

One-click mobile

+16465588656,,88480363431#,,,,*073632# United States (New York)

+13126266799,,88480363431#,,,,*073632# United States (Chicago)

Dial by your location

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Meeting ID: 884 8036 3431

Access code: 073632

Find your local number: https://us02web.zoom.us/u/k3y2S2Q20

For assistance, please contact 914-509-8651

Visit: www.yedcorp.com<http://www.yedcorp.com>

Please visit: www.yedcorp.com<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.yedcorp.com%2F&data=05%7C01%7CKBrady%40jdam.org%7C9061a58f66c24d63c8f808da3ceb9f73%7C4f91175ff50245059b37c78cf7c399ad%7C1%7C0%7C637889279942862970 %7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=VzfGD53BOHjRzyV4KDX0CdTa%2BwiQbB9Jj4OjU8&reer> for reviews

Link to reviews:

Agenda:

https://yedcorp.com/wp-content/uploads/2022/06/Draft-YEDC-Agenda-6-2022-Agenda-1.pdf

Meeting materials:

https://yedcorp.com/wp-content/uploads/2022/06/YEDC-Draft-Board-Meeting-Packet-6-28-2022-WEBSITE-1.pdf

www.yonkersida.com<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.yonkersida.com%2F&data=05%7C01%7CKBrady%40jdam.org%7C9061a58f66c24d63c8f808da3ceb9f73%7C4f91175ff50245059b37c78cf7c399ad%7C1%7C0%7C637889279942862970 %7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=NzIfUCvqOPCzd3BStA3klqtvkSrE3pZ97Mg%2%B2X2Sf>

# # #

SOURCE: Fiona Khan | Administrative Assistant | Yonkers Industrial Development Agency | 470 Nepperhan Avenue, Suite 200 | Yonkers, NY 10701 | Tel: 914-509-8651 | Fax: 914-509-8650 | www.yonkersida.com

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West Haven Receives Economic Development Award https://avanceeconomico.com/west-haven-receives-economic-development-award/ Thu, 23 Jun 2022 12:02:38 +0000 https://avanceeconomico.com/west-haven-receives-economic-development-award/ Written by Michael P. Walsh WEST HAVEN, CT – Mayor Nancy R. Rossi and Director of Planning Christopher Soto celebrated the city’s new Economic Development Certification by displaying West Haven’s “2022 Silver Certified Community” plaque at City Hall on Wednesday, June 22. West Haven was among 12 cities and towns certified by the Connecticut Economic […]]]>

Written by Michael P. Walsh

WEST HAVEN, CT – Mayor Nancy R. Rossi and Director of Planning Christopher Soto celebrated the city’s new Economic Development Certification by displaying West Haven’s “2022 Silver Certified Community” plaque at City Hall on Wednesday, June 22.

West Haven was among 12 cities and towns certified by the Connecticut Economic Development Association on April 28 to exemplify best practices in economic development and land use.

CEDAS board chair Kristen Gorski said certified municipalities participated in a “rigorous” application review process that required documentation of procedures for development projects, community engagement and consideration of economic development strategies.

The application had four components: communications and marketing, coordination and collaboration, organizational capacity and strategy, and policies and programs.

“Projects like the elevation of Beach Street, the renovation of Allingtown Green and the opening of New England Brewing Co. demonstrate West Haven’s leadership and innovation as a model municipality in Connecticut,” Rossi said. . “I want to express my thanks and appreciation to Chris Soto and our community leaders who paved the way for this honor, and to CEDAS for recognizing sustainability, development and best practices since the program’s launch. of certification in 2019.”

West Haven was one of eight municipalities certified as a Silver community, joining neighboring towns of Guilford, Hamden, North Branford and Woodbridge.

Three others achieved Gold certification and one received Bronze status.

Gorski presented the etched glass plaque to Soto on June 8 at CEDAS headquarters on Long Wharf Drive in New Haven, while awarding plaques to other certified municipalities.

CEDAS is a nonprofit organization committed to advancing the practice of economic development in Connecticut. It provides a forum for the economic development community, hosts educational programs, promotes sustainable economic growth, and advocates for the improvement of the state’s economy.

West Haven Planning Director Christopher Soto receives the city’s 2022 Silver Certified Community plaque from Connecticut Economic Development Association Board Chair Kristen Gorski at CEDAS headquarters on Long Wharf Drive in New Haven on Wednesday, June 8. The etched glass plaque was awarded to West Haven for exemplifying best practices in economic development and land use. (CMC photo)


This press release was produced by the town of West Haven. The opinions expressed here are those of the author.

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Announcement of the development of the new Eddyville industrial park | WPKY 103.3 FM https://avanceeconomico.com/announcement-of-the-development-of-the-new-eddyville-industrial-park-wpky-103-3-fm/ Tue, 21 Jun 2022 16:58:47 +0000 https://avanceeconomico.com/announcement-of-the-development-of-the-new-eddyville-industrial-park-wpky-103-3-fm/ The Lake Barkley Partnership for Economic Development on Tuesday announced a new 80-acre development planned for the Eddyville Industrial Park that officials say will enhance its potential and the community’s growth opportunities. Executive Director Amanda Davenport said the development includes construction of a new park entrance off US-62, removal of Industrial Park Road that bisects […]]]>

The Lake Barkley Partnership for Economic Development on Tuesday announced a new 80-acre development planned for the Eddyville Industrial Park that officials say will enhance its potential and the community’s growth opportunities. Executive Director Amanda Davenport said the development includes construction of a new park entrance off US-62, removal of Industrial Park Road that bisects the site, grading and construction of a rainwater retention basin. She says the project will be funded in part by a $172,560 Opportunity Kentucky grant from the Louisville Gas and Electric Company and the Kentucky Utilities Company.

Davenport says the Opportunity Kentucky grant is another big accomplishment in developing this park as Kentucky’s premier transit site. She says the site has rail service through Paducah and Louisville Railroad, interstate access to Interstates 69 and 24, and waterway access to the Eddyville River Port.

Davenport says the Eddyville Riverport and Industrial Development Authority (“ERIDA”) and the Lake Barkley Partnership have focused on improving the Eddyville Industrial Park since 2019 when developing a master plan for the river port. and the industrial park. As of 2020, some of the improvements to the Eddyville Industrial Park include: improvements to the City of Eddyville Onsite Sewer Life Station; a new turn lane constructed by the State Transportation Cabinet from US-62 to the Industrial Park; development of additional sites through the Kentucky Produce Development Initiative; and engineering work on future park expansions.

Eddyville Riverport and Industrial Development Authority Chairman Billy Ray Coursey said in a statement that the investment in the rail-served site is the result of a lot of planning and serious thought about the view of the park. He also thanked their team with the Eddyville Riverport and Industrial Development Authority Board, Will McDowell with LG&E and the KU Economic Development team, and Amanda Davenport with the Lake Barkley Partnership, they are able to help realize their vision. to have a top notch site in our community.

Davenport says LG&E and KU’s large-scale investment shows the strength of community partners working together to manifest a site that can attract transformative projects for our community and workforce.

The Lake Barkley Partnership is a regional economic development organization serving business and industry in Caldwell, Crittenden, Livingston and Lyon counties. For more information on the organization and available sites, contact Amanda Davenport at amanda@thinkrural.com.

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China stresses need to advance economic globalization amid global crisis https://avanceeconomico.com/china-stresses-need-to-advance-economic-globalization-amid-global-crisis/ Sat, 18 Jun 2022 08:03:00 +0000 https://avanceeconomico.com/china-stresses-need-to-advance-economic-globalization-amid-global-crisis/ “We have full confidence in China economic development,” Xi said.China will continue to promote high-quality development, expand high-level opening up with firm resolve, and pursue high-quality Belt and Road cooperation. » More equitable and sustainable global development Noting that the international community is eager to achieve more equitable, sustainable and secure development, Xi said it […]]]>

“We have full confidence in China economic development,” Xi said.China will continue to promote high-quality development, expand high-level opening up with firm resolve, and pursue high-quality Belt and Road cooperation. »

More equitable and sustainable global development

Noting that the international community is eager to achieve more equitable, sustainable and secure development, Xi said it is important to seize opportunities, meet challenges head-on and work to implement the ‘Global Development Initiative to build a shared future of peace and peace. prosperity.

The Chinese president proposed the Global Development Initiative in his address to the 76th session of the United Nations General Assembly via video link in September last year. The plan charts a course for international development.

It is important for all countries to strengthen the “soft connectivity” of development policies and international rules and norms, Xi told forum participants.

Attempts at decoupling, supply disruption, unilateral sanctions and maximum pressure must be rejected and trade barriers removed in order to maintain the stability of global industrial and supply chains, combat worsening food crises and energy and revive the global economy, he said.

It is important to follow true multilateralism and to respect and support all countries’ pursuit of development paths suited to their national conditions, he said, adding that it is also important to build an open global economy. and to increase the representation and voice of emerging markets and developing countries in global economic governance.

He also called on countries to pursue innovation-driven development, stressing the importance of unlocking the potential of innovation-driven growth, improving the rules and institutional environment for innovation and removing obstacles to the circulation of innovation factors.

Xi called for efforts to deepen innovation exchanges and cooperation, facilitate deeper integration of science and technology into the economy, and ensure that the fruits of innovation are shared. by all.

China continue to promote quality development

The Chinese president stressed that the fundamentals of the Chinese economy – strong resilience, huge potential and long-term sustainability – remain unchanged.

As one of the first countries to resume work and production, the country became the only major economy to record positive growth in 2020, with its GDP exceeding 114.4 trillion yuan (on $18.1 trillion) in 2021.

A recent report published by the American Chamber of Commerce in south china indicated that more than 70% of companies assessed have plans for reinvestment in China for 2022, and 58% consider that their overall return on investment China be higher than elsewhere.

China is ready to work with Russia and all other countries to explore development prospects, share growth opportunities and make new contributions to deepening global development cooperation and building a community with a shared future for mankind, said Mr Xi.

https://news.cgtn.com/news/2022-06-17/Xi-addresses-25th-St-Petersburg-International-Economic-Forum-1aWGtfC4wN2/index.html

SOURCECGTN

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Do we need a better understanding of ‘progress’? https://avanceeconomico.com/do-we-need-a-better-understanding-of-progress/ Wed, 15 Jun 2022 23:36:47 +0000 https://avanceeconomico.com/do-we-need-a-better-understanding-of-progress/ The stagnation hypothesis is not universally accepted. Ideas can be combined and recombined, creating a combinatorial explosion of new innovations, an effect that counteracts the swallowing of fruit at hand. And some pointed out that if you measure research productivity and impact differentlythe picture is much rosier. Nevertheless, the fear of stagnation is a central […]]]>

The stagnation hypothesis is not universally accepted. Ideas can be combined and recombined, creating a combinatorial explosion of new innovations, an effect that counteracts the swallowing of fruit at hand. And some pointed out that if you measure research productivity and impact differentlythe picture is much rosier.

Nevertheless, the fear of stagnation is a central motivation for many people in the progress community. Unlike Gordon, however, they are optimistic about their ability to change it – which brings us to the story of the founding of the progress studies movement.

The origin of progress studies

Around 2016, Cowen received an out-of-the-box email from Irish billionaire Patrick Collison, who was interested in his book, The Great Stagnation. A few years earlier, Collison had co-founded online payment company Stripe and now wanted to talk about bigger issues. The couple had a few dinners together in San Francisco and hit it off.

Cowen and Collison are both infovores. Collison published his entire volume of nearly 800 bookshelf on his personal site (although he admits to having only read about half of it). by Cowen practice to ruthlessly skim through books for the informational value they contain and then abandon them – sometimes after five minutes – can send shivers down the spine of some finalists.

Cowen’s information production is almost as prolific as his consumption. The 60-year-old economist is the author of almost 20 books, 40 paperssix years of Bloomberg Columnsmore than 150 episodes of sound podcastand nearly 20 years of blog posts on his famous economics blog marginal revolution. During our conversation, Cowen’s voice was hoarse from the marathon of interviews he conducted to promote his latest book. In 2020, Cowen placed 17th on a listing of the 100 most influential economists.

Collison, nearly three decades younger and leading the fourth most valuable private startup around the world, wrote less, but still found time to post collections of links on topics like air pollution, Culture, growth, Silicon Valley Historyand of course, progress. Stripe’s nearly $100bn (£83bn/€95bn) valuation puts Collison up net value north of $11bn (£9bn/€10.5bn). The online payment company combines the lofty “change the world” rhetoric of Silicon Valley startups with the mundane, competent construction of an infrastructure company.

During the pair’s meetings, Cowen tells me, “we were both talking about the ideas, finding that we had common ideas, and somehow we came across the notion of an article. “. So, in 2019, they co-wrote a writing in The Atlantic, which argued for “a new science of progress”.

“There is no large-scale intellectual movement focused on understanding the dynamics of progress or aiming at the deeper goal of accelerating it. We believe it deserves a dedicated field of study,” they said. they wrote. “We propose to inaugurate the discipline of ‘progress studies'”.

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List of news | Albany County, New York State https://avanceeconomico.com/list-of-news-albany-county-new-york-state/ Tue, 14 Jun 2022 01:11:51 +0000 https://avanceeconomico.com/list-of-news-albany-county-new-york-state/ Albany County Executive Daniel P. McCoy today announced the passage of Local Law A, the Sustainable Technology and Green Energy (STAGE) Act, which establishes a green economic development plan to conserve and grow renewable energy businesses in Albany County and attracting new ones to the county as well. The new legislation will not only allow […]]]>

Albany County Executive Daniel P. McCoy today announced the passage of Local Law A, the Sustainable Technology and Green Energy (STAGE) Act, which establishes a green economic development plan to conserve and grow renewable energy businesses in Albany County and attracting new ones to the county as well. The new legislation will not only allow for the creation of financial incentives, but will also establish rules and regulations focused on green job creation and innovation.

“Some will tell you that the government must choose between economic development or the fight against climate change and the protection of our environment. With this local law, we say the opposite. Now that this comprehensive and critically important legislation has been passed, we are setting the stage for Albany County to be a state and national leader in investing in renewable energy technology and all the benefits that ensue,” County Executive McCoy said. .

“Between Plug Power’s expansion in the county and the manufacturing and assembly of new wind turbines in the ports of Albany and Coeymans, we’ve seen how these projects can help create highly skilled, well-paying jobs, while by being a force for good in weaning ourselves from fossil fuels. Funding from the STAGE Act will help us capitalize on this progress and continue to build towards a greener future. I want to thank Speaker Joyce for sponsoring and championing this bill in the Albany County Legislature,” he continued.

The STAGE Act received unanimous support and approval from members of the Albany County Legislature.

“With the STAGE Act, we are positioning Albany County as a leader in sustainable business and green economic development,” said Andrew Joyce, Speaker of the Albany County Legislature. “As the green energy sector continues to grow steadily, I’m proud to know that we have a streamlined approach to attracting these projects to our county and encouraging them to create new jobs and boost the local economy.”

Under the STAGE Act, the director of the Albany County Department of Economic Development will be responsible for carrying out the stated goals of the legislation, which includes funding renewable energy companies, as well as promoting intermunicipal agreements. and working with local development agencies that lend themselves to green economic development.

The Director of Economic Development is authorized to work cooperatively with the County Executive, Comptroller, Legislature, and County Attorney to implement Local Law A. Final STAGE Law rules and regulations will be developed by the Director and then approved by the County Legislative Assembly. Exact funding levels for the STAGE Act will be determined each year as part of the county’s annual budget cycle.

This local law will be effective upon filing with the New York State Secretary of State.

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How the MCCC can help Michigan reach 60 by 30 https://avanceeconomico.com/how-the-mccc-can-help-michigan-reach-60-by-30/ Sun, 12 Jun 2022 08:02:09 +0000 https://avanceeconomico.com/how-the-mccc-can-help-michigan-reach-60-by-30/ Kojo A.Quartey Educational attainment is critically important in the economic development equation. In fact, it’s so important that it’s one of the top three variables in the International Human Development Index (HDI). The other two are life expectancy and gross national income (GNI). More on the HDI at another time. In this article, I focus […]]]>

Kojo A.Quartey

Educational attainment is critically important in the economic development equation. In fact, it’s so important that it’s one of the top three variables in the International Human Development Index (HDI). The other two are life expectancy and gross national income (GNI). More on the HDI at another time. In this article, I focus on the impact of education on local and state economies.

Michigan has set a goal of “60 by 30”: “By 2030, 60 percent of working-age Michiganders will have a college certificate or degree. Michigan will be a talent leader – fueling the future workforce and providing opportunities for all. This is the vision of post-secondary degrees of economic value for 60% of Michiganders by 2030. This is an ambitious goal for Michigan being that we are currently at 45.5%, compared to the national average 48%, and if we continue on this trajectory we will only be at 52% in 2030. However, economists say that 65% is the “ideal achievement rate for competitive success”.

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