This month, we are proud to share updates on several projects now coming to fruition. Each of these projects has potentially wide-ranging economic implications and will serve as catalysts for businesses and organizations to further define their business models and explore development opportunities. For-profits and non-profits alike can benefit from these projects and the resulting opportunities and resources they provide. Equitable Economic Recovery Plan Coconino County was recently … [Read more...] about Economic Development Progress Continues on County Projects
economic development
Positioning Your Business for Economic Recovery Investment Plans
It is extremely likely that another $2 trillion will be invested under the upcoming Infrastructure Plan, also known as the American Jobs Plan and the American Families Plan. In this article, we continue to look at where the federal money is going, so that our local businesses can be in position to benefit (directly and indirectly) from the economic stimulus spending that will significantly shape the U.S. economy for the next decade. Knowing where the money is flowing is the first step in … [Read more...] about Positioning Your Business for Economic Recovery Investment Plans
Preparing for an Influx of Federal Stimulus Dollars
Last month, we shared how businesses can obtain access to business stimulus dollars through programs such as the Restaurant Revitalization Fund, the Shuttered Venue Operators Grant, the expanded Paycheck Protection Program and Economic Injury Disaster Loans. This month, we are thinking bigger and sharing where the bulk of the federal stimulus dollars are going, and how your business can be prepared to benefit from the American Rescue Plan (ARP), which has released a flood of cash into the … [Read more...] about Preparing for an Influx of Federal Stimulus Dollars
What is in the American Rescue Plan for Your Business?
This month, we are going to unpack how the American Rescue Plan Act, the most recent law passed by the federal government, impacts you and your business. The economy is being flushed with cash, $1.9 trillion, and it is good to know where it is flowing so you can figure out how to benefit. There are seven major categories for where the money is going: people, health care, Native American Tribes, education, veterans, state and local allocations, and small businesses. It is helpful to know the … [Read more...] about What is in the American Rescue Plan for Your Business?
Finding County Economic Development Resources
January brings new options to businesses and employees, albeit some for a limited time only. Coconino County’s dedicated staff continues to guide and assist business owners, employees and all residents to access resources as they become available. This article targets the resources that are most asked about, and often the most complex and ever-changing: forgivable business loans, the eviction moratorium, Unemployment Insurance and the COVID-19 vaccine. Please take a few moments to familiarize … [Read more...] about Finding County Economic Development Resources
What is Economic Development?
Most people think of new buildings or businesses when they think of economic development. This is somewhat true, but not entirely. IEDC (International Economic Development Council) defines economic development as a program, group of policies or set of activities that seek to improve the economic well-being and quality of life for a community by creating and or retaining jobs that facilitate growth and provide a stable tax base. I would equate economic development to a football game. It seems … [Read more...] about What is Economic Development?
Mayor to Speak at ED Luncheon
Five mayors from around northern Arizona will headline the Arizona Association for Economic Development June northern Arizona luncheon, “Mayoral Economic Development Updates.” It will be held on Tuesday, June 30 from 11 a.m. to 1:30 p.m. at Yavapai College, 1100 E. Sheldon St. in Prescott. Mayors Diane Joens of Cottonwood, Jerry Nabours of Flagstaff, Marlin Kuykendall of Prescott, Sandy Moriarty of Sedona and John Moore of Williams, will share updates on northeastern Arizona’s economic … [Read more...] about Mayor to Speak at ED Luncheon
