Read more stories about
Economic Gardening >>

MATR Sponsor:

MATR Supporters:

Economic Gardening Goes State-wide in Colorado

August 30, 2013View for printing

Sometime by week's end, the state expects to post an application at aimed at giving 20 small businesses a boost -- in the form of data on markets, customers and competitors.

It's likely to be the first time the public gets to see what "economic gardening" looks like at the state level, and the unveiling of the pilot program signals the start of a small progressive wave in the realm of small business, catalyzed by two pieces of legislation shepherded through the Legislature by Colorado Springs Democrat Pete Lee.

Besides House Bill 1003 -- whose "economic gardening" concept emphasizes nurturing and cultivating local small businesses by giving them tools that help them thrive -- Lee sponsored HB 1138, "Concerning Benefit Corporations." That one allows businesses to set aside some of their profits for the public good without shareholder backlash.

The theory behind economic gardening is that instead of spending millions of dollars on incentives and tax breaks to attract a big manufacturer, helping small businesses to grow and prosper and add jobs might be the better path.

by Pam Zubeck

Full Story: ... oid=2747979
No reader comments so far. Be the first to comment by clicking the button below.

Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

E-mail this page to a friend!