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Post Carbon Fellow and author of Local Dollars, Local Sense, Michael Shuman was quoted in this article on incentives for small businesses.
From the article:
Grove’s giveaway, while not as generous, is notable because it targets small businesses like Moritz’s $4 million, 12-employee venture, rather than large companies. About 80 percent of state incentive programs give most of their funds to big businesses, according to a four-year study by Cutting Edge Capital fellow Michael Shuman; to be published in July, his report is entitled “Shortchanged: How State Economic Development Programs Favor Global Companies and Undermine Local Job Creation.” Small businesses are systematically overlooked, says Shuman: “Economic developers or politicians get a lot more clout for the attraction of a big business that will make the front page of a newspaper.”
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