Sacramento, CA
Joined May 2009
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Here are 6 specific outcomes & recommendations on how to design #econdev business incentive programs to better align programs & needs of #Entrepreneurial firms. smartincentives.org/do-incen… @SmartIncentives @KauffmanFDN @EdgeReedy @JessicaLooze @sameedesai @CityObs @CALED_EconDev
Encouraging entrepreneurship reports: FRB Richmond increase # of “likely employer” applicants , & FRB Cleveland shows Black households engaged in entrepreneurial activity have a higher rate of return on their business in comparison to Hispanic & white households @SmartIncentives
Our take on #EconomicDevelopment #Incentives
Evolving Incentives For Today’s Priorities: Incentives are being pulled in new directions to advance economic development priorities. siteselection.com/issues/202… @SmartIncentives @SiteSelection
Just a few of Saturday's #sacopenstudios. Day 2 less than 90 min away... #vergeart @ Sacramento, California instagram.com/p/CiXySsjJwXbe… – at Sacramento, CA
Our @SmartIncentives & @KauffmanFDN report shows similar changes to the #COVID19 relief programs. We focused state & local equitable distribution to small businesses owned by BIPOC, women, and those in under-resourced areas. bit.ly/3A7IYHm bloomberg.com/graphics/2022-…
Florida, Illinois, & New York legislation seek greater #transparency in #econdev deals with tax #incentives, PILOTs, tax abatements, loans, grants and tax rebates, as well as bonds and notes. @SmartIncentives route-fifty.com/finance/2022… via @routefifty
Pandemic Sweetens Lure of Smaller Cities’ Relocation Incentives - Route Fifty @SmartIncentives pewtrusts.org/en/research-an…
Necessary given pandemic inequitable #business impact and #ARPA funds encourage equitable responses.
What we’ve learned about emerging approaches to measuring diversity, equity and inclusion impacts within incentive programs.
smartincentives.org/integrat…
@dhackler @Matt_Stitt @carluchidelgado
Agreed. As we found in our @SmartIncentives report greater outreach increases equity and increases economic well-being & growth.
Smart: Reaching beyond tech centers and universities to connect with people who have good business ideas but may not self-identify as entrepreneurs.
smartincentives.org/casting-…
@BenFranklinCNP @dhackler @JessicaLooze @TimesOfE @KauffmanFDN #inclusion #Diversity #rural #startups
Darrene Hackler retweeted
#NEW: The first economic impact analysis of the largest remote worker incentive program, @tulsaremote.
The first cohort of members will contribute $62 mil. in new local earnings in 2021—a near-14x return for each $1 spent on the incentive 🧵⬇️
eig.org/tulsa-remote
We couldn't agree more @berubea1 & @nicbateman1. Our @SmartIncentives Equitable #CommunityEngagement & #EconomicDevelopment research shows the importance of shared vision & accountable metrics. bit.ly/3b4zEru
@BrookingsMetro roadmap: brook.gs/3FMxUl8
Nice work @MichaelAPagano. I did my senior honors thesis on state banks and increased capital access to disadvantaged communities was a takeaway.
Creating More Capital for Underserved Communities Through State-owned Banks route-fifty.com/finance/2021… via @routefifty
"Medium & bigger banks froze their lending first" with #ppp. Risk entrepreneurs of color was less than traditional banks loan loss rates. Spot on comments from @bulbulnyc during @sffed #Equitable Access to Small Biz. See 1st session with @kairyssdal here: web.cvent.com/hub/events/edc…
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Couldn't agree more. Our research smartincentives.org/wp-conte… suggest how communities are doing this.
How to Budget for Equity and Drive Lasting Change route-fifty.com/management/2… @SmartIncentives @Matt_Stitt
Our take on #EconDev
business #incentives for entrepreneurial firms & growing #SmallBusinesses: 1) design to fill the gaps, 2) improve management & implementation, & 3) create data collection & standards to evaluate effectiveness. @SmartIncentives @JessicaLooze @sameedesai
The COVID-19 pandemic has shined a spotlight on the needs of small businesses and startup firms. @dhackler describes how to improve programs intended to help them. smartincentives.org/making-i…
Darrene Hackler retweeted
Thoughts and prayers to the EconTwitter and economics reporter community at this difficult time (and obviously huge congrats and excitement for @JedKolko on his nomination!) whitehouse.gov/briefing-room…
Darrene Hackler retweeted
Outcomes for entrepreneurial firms vary by incentive type, but these policy recommendations can improve the chances for success.
smartincentives.org/do-incen… @dhackler
Outcome 5: Tax incentives are not the best method of helping entrepreneurial firms.
Recommendation: More research is needed to determine if large companies crowd out smaller firms, possibly decreasing growth rate of startups and scaleup firms.