New research finds that federal agencies get more bang for their buck when they channel grant dollars into smaller startups.
Recent efforts to support businesses reeling from revenues lost during the pandemic, such as grants and loan programs, have been criticized for favoring larger companies.
The researchers say their work could provide valuable insights as federal and state governments look for ways to revive the US economy after the pandemic, like the recent Paycheck Protection Program loans.
The study tracked results from about 130 ventures at eight business incubators in the southeastern United States over a four-year period. Small companies receiving their first grant experienced strong revenue growth an average of 1,000% over two years.
Covectra Strengthens Board of Directors with Two New Key Appointments
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WESTBOROUGH, Mass., March 2, 2021 /PRNewswire/ Covectra, a leader in serialization and track & trace solutions, announced the appointment of Renaat Van den Hooff and Gary Miloscia to its Board of Directors, effective February 15, 2021. On behalf of the entire Board of Directors, it is a pleasure to welcome Renaat and Gary, two highly accomplished industry veterans, to our team, said Steve Wood, President and Chief Executive Officer of Covectra. Their collective experience across a range of diverse strategic roles will be highly instrumental as we continue to advance our product development and build out our pipeline. I look forward to working with them and leveraging their unique expertise.
Mar 2, 2021 | Features
by TRACY ZOLLINGER TURNER
Maqubè Reese’s first name was created by her mother a combination of the names of her four aunts. “I feel like I embody all of them,” she says. “I absolutely love my name. I feel like I live it every day.”
As she gets ready to enter her 30s in 2021, that wellspring of family appears to fuel a very busy life. Reese works as the assistant director of diversity initiatives for the Indiana University Kelley School of Business and is engaged in an abundance of community work. She recently completed a term with the City of Bloomington’s Commission on the Status of Women and chaired the City’s Black History Month Committee. She currently serves on the City’s Board of Public Safety, is the vice president of the Monroe County Branch of the NAACP, and is involved with Count Us In Indiana, a nonpartisan, nonprofit organization dedicated to encouraging diverse voter turnout.
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