PA releases new economic development strategy; budget calls for new $20M innovation fund
Last week, Pennsylvania Governor Josh Shapiro and the Pennsylvania Department of Community & Economic Development (DCED) released what they are describing as the Commonwealth’s first comprehensive Statewide Economic Development Strategy in nearly 20 Years.
California proposes billions for climate initiatives, additional money for innovation programs
Earlier this month, California Gov. Gavin Newsom released his proposed FY 2022-2023 budget, which he said “reinforces our role as the global leader in climate protection, innovation and job creation.” The budget focuses on new investments and “positions the state as a global leader in innovation and solutions to both mitigate and adapt to the changing climate.” The proposal includes billions in one-time funding from various sources over five years to advance the state’s climate and opportunity budget and provide equitable climate solutions.