Topics Under Tag: "cities"

manufacturing renaissance

In Chicago, Boosting Entrepreneurial Opportunities While Saving Manufacturing Jobs

Anne Field | February 5, 2019

In greater Chicago, most owners of manufacturing companies are not only white, but also are retirement-age and lack a succession plan. Their kids don’t want to take over or they lack the skills to do so. The likeliest fate for those businesses is to be bought by private equity firms that fire the employees, sell […]

Small Businesses Are Key to Job Growth in Inner Cities

Locavesting Staff | November 10, 2016

The inner city was a recurring theme in the presidential campaign. President-elect Donald Trump called inner cities “a disaster,” painting a grim picture of violence, poverty and a lack of jobs. The reality is less stark. Cities have undergone a renaissance in recent years and housing prices have risen. Yet a lack of jobs and […]

Chicago Looks to Social Enterprise to Address Urban Challenges

Anne Field | July 11, 2016

Chicago has more than its fair share of urban woes. Cook County, a county of more than 5.2 million of which Chicago is the county seat, has a poverty rate of 17%. It is plagued by violence and crime. And the county suffered the biggest population decline last year of any county in the U.S. […]

A Report Examines How Rising Rents Are Hurting Local Businesses, and What to do About it

Amy Cortese | April 22, 2016

Affordable housing has been a focus of policymakers for years. But skyrocketing real estate is displacing more than families: it’s also forcing thousands of small independent businesses from their commercial spaces. A new report pulls back the curtains on the increasingly precarious reality of small businesses in America today, at least those in cities and […]