Economic Development
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Community Capital for Small Businesses
A Study of the CDFI and CDC Ecosystem in Massachusetts
June 27, 2024
- Community development finance institutions (CDFIs) disproportionately serve the smallest and youngest businesses and those owned by underrepresented groups.
- Only 23% of CDFIs provide financing to small businesses. Most funding from CDFIs and community development corporations (CDCs) goes to the real estate sector.
- 32 states have CDFI funding programs, providing a model for how MA could establish stable and sustainable lending opportunities for small businesses.
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Andre Leroux offers testimony to Joint Committee on Economic Development and Emerging Technologies
On H.4459– An Act relative to strengthening Massachusetts’ economic leadership
May 24, 2024
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Accelerating Inclusive Growth in the Pioneer Valley
A Prospectus for Transformative Economic Investment
March 13, 2024
- The Pioneer Valley faces economic challenges including a lack of growing industry clusters and underperforming research and development
- Strong assets in the sectors of food science, advanced materials, and clean energy provide an opportunity for state investments to leverage these assets
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Gateway City mayors show collective support on several bills
January 26, 2024