Empowering Entrepreneurs and Investors to Forge a More Dynamic U.S. Economy

Examining the cost-effectiveness of small-dollar PPP job retention across industries

By Kenan Fikri, August Benzow, Nora Esposito, and Kennedy O’Dell   Key findings: PPP loans for less than $150,000—representing 86 percent of all loans under the program—targeted many of the hardest-hit industries. Accommodation and food services, retail, and other services such as laundromats and hair salons received much greater shares of small-dollar funding than their…

Weekly Update on COVID-19’s Impact on Business Formation and Entrepreneurship

In April 2020, EIG began tracking COVID-19’s impact on prospective entrepreneurial activity in the United States in a blog post analyzing new weekly data on business formation provided by the U.S. Census Bureau. EIG will continue to provide updates of this dataset to keep a pulse on the latest trends in business formation. The statistics…

The Geography of High-Poverty Neighborhoods – The View from Ohio

By Jason Segedy EIG recently released two reports as part of its Neighborhood Poverty Project, which examines the evolution of community-level poverty across metropolitan America over nearly four decades. The first, entitled The Expanded Geography of High-Poverty Neighborhoods, found that the number of neighborhoods across the United States with a high poverty rate (30 percent…

OZ Webinar Series: Supporting Operating Businesses in Opportunity Zones

The final Opportunity Zones (OZ) regulations provided certainty and important clarity for investors interested in supporting OZ operating businesses. A number of models for investment and partnership have emerged to help drive innovation and empower local entrepreneurs in communities across the nation. Join the Economic Innovation Group on July 28...

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EIG Webinar | Navigating COVID: Addressing the Economic Impact and Launching an Equitable Recovery

Join the Economic Innovation Group (EIG) for a moderated discussion with EIG Economic Advisors Austan Goolsbee and Kenneth Rogoff on the current economic situation and lessons from the Great Recession for mitigating the fallout from COVID-19 and setting the country on a path for a strong, dynamic, and inclusive recovery....

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EIG Webinar | The Spread and Persistence of Neighborhood Poverty: Lessons for the COVID-19 Response

The Economic Innovation Group (EIG) recently launched the Neighborhood Poverty Project with two new reports analyzing the spread and persistence of high-poverty neighborhoods throughout the United States over the last four decades. The research finds that while the last national economic expansion brought growth and prosperity to many areas, it...

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