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Community Economic
Terms

Economic
Development Planning - program provides for local economic
development, addresses and helps resolve the dilemmas communities face.
Asset-Building Strategies – Individual Development Accounts (IDAs),
Family Self-Sufficiency and other program initiatives designed to
increase ownership opportunities for low-income/low-wealth individuals
Cooperative
Development – a business model owned and controlled by and for the
benefit of its members, i.e. worker-owned, consumer-owned and
producer-owned cooperatives
Sectoral
Employment Development – a program model that targets, and impacts, a
particular occupation within an industry to obtain decent employment for
low-income individuals
Microenterprise Program Development – programs designed to provide
training, technical assistance and supportive services to
micro-entrepreneurs
Business
Incubator Development - Business incubators nurture the development
of entrepreneurial companies, helping them survive and grow during the
start-up period, when they are most vulnerable. Programs provide client
companies with business support services and resources tailored to young
firms.
Youth
Entrepreneurship Development – programs designed to encourage
entrepreneurial growth and skills development to people under the age of
21
Social
Enterprise Development – revenue-generating business ventures created
for employment or training opportunities for hard-to-place individuals
while simultaneously operating with reference to the financial
bottom-line
Economic
Development Finance - is a comprehensive and in-depth program that
provides the full range of policies, program models, and financing tools
used in economic development practice within the United States.
Job Creation
Strategies - programs designed to empower local individuals with
work in their communities. |