Chamber and Businesses Foster Economic Development


To boost economic growth, the Worcester Regional Chamber of Commerce is set to start rolling out some funding.

The Chamber has issued a fund last June, described as a two-year plan to raise $1.2 million, as a "mechanism to support the chamber's efforts in pursuing strategic, regional economic development initiatives focused around the themes of recruitment, retention and incubation."


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Federal Programs Related to - Business Promotion

Programs that promote the general commercial interests of the community or the interests of particular trades. Business Leagues; Business Retention; Chambers of Commercial; Local Business Associations; Industry-Specific Promotion; Trade Association; Trade Groups Business Recruitment & Attraction Programs provide any of a wide variety of incentives to encourage new businesses and industries to locate in a particular community, to provide development and expansion opportunities for existing businesses, and to discourage existing businesses from leaving the area and relocating elsewhere. Attraction of Business; Business Recruitment; Empowerment Zones; Enterprise Zones; Industrial Park Development; Media Production Liaison Services

Federal Programs Related to - Regional Economic Development

Programs that provide technical assistance, venture capital, loans, loan guarantees or other forms of management support to encourage the establishment and growth of business and industry in a particular region of the United States.

Federal Programs Related to - Community Economic Development

Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses.

Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones

Federal Programs Related to - Business Recruitment & Attraction

Programs provide any of a wide variety of incentives to encourage new businesses and industries to locate in a particular community, to provide development and expansion opportunities for existing businesses, and to discourage existing businesses from leaving the area and relocating elsewhere.

Attraction of Business; Business Recruitment; Empowerment Zones; Enterprise Zones; Industrial Park Development; Media Production Liaison Services




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