Programs that provide information, technical assistance, training, contract acquisition assistance and other types of services that support the start-up, competitiveness and growth of local businesses.
Programs that provide venture capital, loans or grants or other forms of financial support for individuals or groups who want to establish or expand the operation of a business.
Programs that provide any of a wide variety of incentives to encourage new businesses and industries to locate in a particular community. The attraction of new businesses into a community may quickly increase the tax base, jobs and the diversity of the local economy. Targets for attraction efforts include advanced manufacturers, high technology firms, retail and service sector employers, corporate headquarters, sports teams and entertainment venues.
The above terms and definitions are part of the Taxonomy of Human Services, used here by permission of INFO LINE of Los Angeles.