In a new study by Alliance for a Greater New York (ALIGN), there is lack of transparency across economic development agencies in the state.
Executive director Matt Ryan notes that lack of program evaluation requirements can make cost-benefit analysis difficult. Although transparency and accountability are important in economic development, the state doesn’t have full control over all development programs. Reporting requirements are needed with reform at all levels to ensure that economic development is being produced.
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 - Government & Public Administration
Programs that are concerned with the effective functioning of government, including the administration of public agencies and the actions and decisions of public officials. Bankruptcy Programs; Election Regulation; Government Reform (+ Advocacy); Social Security Reform (+ Advocacy)
The Larder Cook School in West Lothian is a social enterprise that trains young people for a career in the food business. Recently, the school has launched a crowdfunder to help it teach another 80 students a year.
Report Finds Lack of Transparency in Economic Development