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"California has a unique opportunity to further its efforts to build a'regions' approach to development that brings together goals surrounding economy, equity, and environment," says Ashley Swearengin, former mayor of Fresno and current president and CEO of the Central Valley Community Foundation, per the Public Policy Initiative of California.
That means investing in rural parts of the state, she says, "actually means a brighter future for other parts of the state."
That's why the Little Hoover Commission is applauding Gov.
Gavin Newsom's $600 million Regional Investment Initiative, launched in 2021 to support regional economic development efforts.
The initiative "offered a tremendous opportunity for the state to strengthen and expand existing grassroots coalitions and accelerate more inclusive and sustainable regional economic growth," the commission found in a November 2022 report, per the Fresno Bee.
But the commission also found that the initiative suffered from challenges, including balancing among different outcome goals, ensuring that regions receive the scale of investment necessary to change their economic trajectories, and coordinating the range of state programs that can support inclusive regional economic development.
In its report, the commission also recommended that the state better support regions as they seek to execute economic development strategies, such as focusing on industries with high growth potential and connecting members of disadvantaged communities with the quality
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"I tried to get half and half the other day. I had to walk four city blocks, just to get a quart of half and half so I could have coffee. So to even get food around here is difficult," David...more
People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review. That's why the Spokane Workforce Council is...more
Massachusetts' Fitchburg State University is adding two new majors this fallone in creative arts therapies and one in creative arts enterprisemaking it the first public institution in the state to...more
The Oklahoma Arts Council has released its annual list of grant requests, and it's a doozy. This year's list includes a call for artists to "bring the arts to other statewide organizations," as...more
Florida A&M University's School of the Environment has been named one of the top doctoral programs in the nation for the second year in a row by US News & World Report. The university's School of...more
At least 31 trees in Ann Arbor, Mich., are being killed or damaged by natural gas leaks, according to a new report commissioned by the city. The report found that gas was damaging roots and the...more
Jaymi Sterling has been the state's attorney in Mary's County, Md., since 2015, and in that time, she's secured more than $1.4 million in grants to improve services for crime victims. Now, a...more
"I don't think many people know about our local ecosystems or recognize how important they are to keeping our beaches beautiful, keeping tourists here, and keeping our water as sparkling clean as it...more
Sweden's Trill Impact has made its first venture fund a success with the final close of its $90 million fund. The fund, the first of its kind in Europe, was backed by institutional investors...more
The Savanna Institute in Urbana, Ill., is looking for a full-time financial manager to oversee its 70,000-square-foot headquarters and budgeting and accounting practices, the Chicago Tribune...more
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Partnerships in Social Enterprises Can Increase Social Impact
Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.
