Local Economy
8 articles
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.
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
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.
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.
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.
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.
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.
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.