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Getting ahead in the city is hard. In rural America, it’s even harder.

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Tiberi introduces bill to bring investment to distressed communities

/   Staff, Circleville Herald

Congressmen Pat Tiberi (R-OH) and Ron Kind (D-WI) and Senators Tim Scott (R-SC) and Cory Booker (D-NJ) have introduced the Investing in Opportunity Act. This bipartisan bill will incentivize investment in economically distressed communities in every state. By encouraging the creation of geographically-targeted funds, the bill creates new channels for investment in small businesses, supporting…

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Rep. Pat Tiberi seeks tax reforms to promote inner-city investments

/   Sabrina Eaton, Cleveland.com

Columbus-area GOP Rep. Pat Tiberi wants to use tax reform legislation to steer investment towards urban and rural areas bypassed by past economic recovery. On Thursday, Tiberi and a bipartisan group of Congress members introduced legislation that would defer capital gains tax payments on investments channeled into “opportunity zones” in census tracts with high levels…

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The Economic Innovation Group Applauds Reintroduction of the Investing In Opportunity Act

Bipartisan legislation would put private investment to work revitalizing distressed communities throughout America Washington, D.C. – Today, the Economic Innovation Group (EIG) lead a diverse group of stakeholders who applauded the reintroduction of the Investing in Opportunity Act (IIOA), bipartisan legislation that will incentivize the private sector to make long-term investments to revitalize distressed communities….

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Dynamism in Retreat

It may come as a surprise that Americans are less likely to start a business, move to another region of the country, or switch jobs now than at any time in recent memory. But dynamism is in retreat nationwide and in nearly every measurable respect.

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The Five Megacities Where Business Startups Have Boomed

/   Janet Adamy, Wall Street Journal

New York, Miami, Los Angeles, Houston and Dallas are home to half of new business startups—and Americans are increasingly unwilling to move to such hotspots for the jobs they are spawning. Those are among the findings of a new report by the Economic Innovation Group that points to how the geographically uneven economic recovery helped…

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L.A. Region Leads Nation in Business Startups

/   Howard Fine, Los Angeles Business Journal

The Los Angeles-Orange County region leads the nation in business startups, according to a report released Wednesday from the Economic Innovation Group. Between 2010 and 2014, the Los Angeles-Long Beach-Anaheim metropolitan area generated an annual average of 21,870 business startups, by far the largest number of any metropolitan region in the nation, according to the…

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