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financing
Specialized Funding Programs
This section lists special funding sources for specific economic development activities.
ENERGY
Venture Capital Network/Matching Services
Angel Networks
Arizona Angels
California: Tech Coast Angels
Angel Investors
Quality-of-Life
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Energy/Utilities
Energy and the utilities go hand-in-hand with economic development. The utilities are vested in keeping businesses
healthy because they are big consumers of energy. However, if a business is a big energy user, high bills can hurt their
bottom line. Many utility companies will help businesses cut back energy costs and access programs that provide incentives
to cut energy use. Economic developers can help create this partnership to everyone’s benefit.
E-Based Recruiting/Job Posting Sites
When companies are selecting where to move their business to or where to expand, one of the most important
determinants is accessibility to qualified labor resources. For example, when a biotech company is looking to open
a new lab, they have to be certain that there is an adequate pool of qualified people. Sources like the following are
important because they assist employers in the hiring process.
Company Organizational Trends
Glossary of Economic Development Terms
these definitions. For more information about IEDC, visit their website: www.iedconline.org
Angel Investor... an investor who providers equity investment to start-up businesses.

