ECONOMIC DEVELOPMENT PROGRAMS Clause Samples
ECONOMIC DEVELOPMENT PROGRAMS. The City and Invest Atlanta hereby agree that the Economic Development Services shall include, without limitation: (i) creating, promoting, coordinating, managing, administrating and implementing the programs listed below; (ii) serving in part as contact for and coordinator with various City agencies, community and civic groups, and other stakeholders interested in the economic development, revitalization and growth of the City; (iii) providing general marketing services relating to the numerous program incentives and opportunities available to domestic and international businesses seeking to relocate to, remain, or expand in the City; (iv) planning and implementing strategies focusing on creating, attracting, and retaining domestic and international businesses within the City; (v) small business development, promotion of women’s entrepreneurship, fostering creative industries retention and expansion, and curating innovation and entrepreneurship programs within the City; (vi) small and micro business financing options focused on non-traditional business models (including but not limited to crowd sourcing programs i.e. KIVA ) and (vii) small business programs responsive to pandemic and other emergency conditions, (viii) such other economic development activities as the parties may reasonably agree for the term of this Agreement.
a. Economic Opportunity Fund Program, the specific terms and conditions for which are attached hereto as Exhibit “A” b. Opportunity Loan Fund Program
c. Business Improvement Loan Fund Program*
d. Phoenix Loan Fund*
▇. ▇▇▇▇▇▇▇▇▇▇ Revolving Loan Fund Program*
f. Lease Purchase Bond Program
g. Urban Enterprise Zone Program h. Empowerment Zone Loan Fund Program*
i. Atlanta Street Vendor Loan Fund
j. Community Loan Fund **
k. Atlanta Forward Loan Fund
l. Women’s Entrepreneurship Initiative
m. Creative Industries Loan Fund
n. Loan Tools that support non-traditional business models
o. Students to Start Ups p. Redevelopment of the ▇▇▇▇▇▇▇ Creek ▇▇▇▇▇▇▇▇ q. CARES Act Business Loans and Grants*
r. Small Business Programs responsive to pandemic and other emergency conditions s. Such other economic development activities as the parties may reasonably agree for the term of this Agreement *Program has its own intergovernmental agreement with the City and/or program documents.
ECONOMIC DEVELOPMENT PROGRAMS. ▇. ▇▇▇▇ Subsidies – Recent Graduates and Members of an LMA Priority Group In an effort to assist non-EI eligible clients who are unemployed and individuals who may be experiencing the effects of the economic downturn secure full time sustainable employment within the private sector, the province through the LMA, will provide wage subsidies to businesses with a priority on the bioscience, information technology, aerospace, and renewable energy sectors. A wage subsidy of up to 26 weeks at 50% of eligible wage costs will be utilized to assist clients make a successful transition to meaningful employment related to their education and training.