The Business Nearby

Local Economy

15 articles

A lively town center with a new Ikea store and other businesses, symbolizing economic growth and community development.
New Openings

New businesses open, fueling local economic growth

Wow, talk about a retail showdown!

Rizza Valencia·August 29, 2026
A lively and historic Main Street in a small town, filled with people and showcasing successful community-led revitalization efforts.
Main Street Revival

Community-led Main Street revival initiatives are poised for major success.

In Columbia, Tennessee, one of the state's first Main Street programs launched in 1983.

Kendra Baptiste·August 27, 2026
A lively street scene showcasing various local businesses, symbolizing community support and economic vitality in a city.
Shop Local Guides

Ways to Support Local Businesses in 2026

In San Francisco, a 'First Year Free' program saved qualifying new businesses over $7 million.

Kendra Baptiste·August 26, 2026
Split image: KMTV Trading Cards storefront buzzing with community activity and Duotech Services' large, modern industrial facility representing significant investment.
New Openings

New Businesses Opened in August 2026 With Local Impact

Get ready for some exciting news!

Rizza Valencia·August 24, 2026
A lively Main Street with diverse small businesses and people of various backgrounds, showcasing community and economic revitalization.
Main Street Revival

Diverse entrepreneurs are key to Main Street revitalization

In Arlington County, Virginia, immigrants are 41.

Kendra Baptiste·August 11, 2026
A lively street in Lubbock, Texas, filled with diverse new restaurant openings and people enjoying the summer evening.
Shop Local Guides

New Restaurant Openings and Expansions

In July 2026 alone, Lubbock, Texas, welcomed at least 23 new business openings!

Rizza Valencia·August 7, 2026
Exterior view of the newly opened Gyro Hut restaurant on University Ave. in Green Bay, with a lively street scene.
New Openings

Gyro Hut Opens on University Ave. in Green Bay

In July, Green Bay's business opening rate exactly matched its closure rate at 5.

Rizza Valencia·August 3, 2026
A lively Main Street filled with diverse small businesses and engaged community members supporting local entrepreneurs.
Main Street Revival

Local Businesses Need More Than Resources; They Need Community Backing.

MI Small Business Helper, a free online platform, has facilitated over 734,000 interactions for more than 25,000 users seeking entrepreneurial resources since August 2025.

Kendra Baptiste·July 11, 2026
A lively small business storefront glowing with warm light, symbolizing community support and local economic vitality.
Owner Spotlights

Local small businesses need more than just funding to thrive in 2026

In Ohio, a single angel investor and ecosystem leader, Neill Lane, has been appointed by Governor Mike DeWine to the Ohio Third Frontier Commission, reflecting a growing recognition of localized, hand

Shira Edelman·June 28, 2026
A solo entrepreneur working on a computer powered by AI, demonstrating the reshaping of local economies and individual economic empowerment.
Market Trends

The AI Solo Revolution Is Reshaping Local Economies

Last year, a single graphic designer in rural Ohio, leveraging advanced AI tools, generated more revenue than the town's largest advertising agency.

Eleni Kassian·June 25, 2026
A lively Main Street with people enjoying shops and events, symbolizing successful revitalization and economic growth.
Main Street Revival

What Are Key Performance Indicators for Main Street Revitalization?

A Main Street initiative in the small town of Harmony nearly lost its critical state funding in late 2025.

Eleni Kassian·June 18, 2026
A lively street scene showcasing various local businesses and happy community members, emphasizing the positive economic and social impact of shopping locally.
Shop Local Guides

What are the benefits of supporting local businesses?

For every $100 spent at a local independent business, nearly half — $48 — is recirculated directly within the local economy.

Kendra Baptiste·June 18, 2026
A split scene of a high street showing thriving businesses on one side and protesting businesses on the other, representing the debate around Business Improvement Districts.
Business Resources

Business Improvement Districts: Purpose, Benefits, and Backlash

Dozens of UK businesses are refusing mandatory payments to Business Improvement Districts (BIDs), leading to court battles over organizations designed to improve local areas.

Eleni Kassian·June 8, 2026
A lively and revitalized small-town main street filled with diverse people enjoying shops and community spaces during golden hour.
Main Street Revival

How do community-led main street revitalization strategies work?

In Texas, researchers surveyed 5,487 residents across 85 diverse communities, from rural towns to large urban centers, to understand what truly drives their preferences for local development projects.

Kendra Baptiste·June 8, 2026
A vibrant San Diego main street showcasing a diverse range of businesses, from small shops to larger enterprises, under warm golden hour lighting.
Main Street Revival

What Are Business Improvement Districts And Why Do Their Fees Vary?

While many San Diego businesses contribute a nominal $40 annually to their local Business Improvement District, some anchor businesses face assessments reaching up to $5,000 each year.

Eleni Kassian·May 18, 2026