This summer, at the 2019 Breakthrough Solutions conference in Little Rock Arkansas, Matt Dunne shared his message for economic growth in rural America. His presentation, "Stemming the Tide: Creating Digital Ecosystems in Rural Areas” focused on revitalizing rural areas.
He highlighted five areas that community leaders need to pay attention to:
Provide education and training for the digital economy
He called out the need for connectivity in rural communities, "It is the electricity of our time."
Rural communities are familiar with the struggles of workforce attraction and business development. And, economic developers understand how important community support is to move initiatives forward--particularly broadband.
Mr. Dunne succinctly states the issue for rural communities to attract the next generation, “broadband, blues and beer.”
The 2017 Tax Cuts and Jobs Act is designed to bring investment to distressed neighborhoods. By creating Qualified Opportunity Zones (QOZ) communities can offer investment vehicles for people seeing tax incentives.
Investors who invest in an opportunity zone can defer capital gains on sold assets until December 31, 2026 or unti...Continue Reading
The physical vastness and cultural diversity of the United States can make the country seem more inherently different than it is similar.
But what’s broadly true of America in rural and urban areas alike is the persistent shortage of affordable housing. A new analysis by Stateline paints a stark picture of the renewed renta...Continue Reading
Opportunity Zone investments have the potential to unshackle billions of investment dollars from Wall Street and create working capital funds for main street USA. This lucrative tax shelter offers a winning combination of smart tax planning and decreased regulations-- a perfect match to maximize capital gains and increase long-term wealth...Continue Reading