Supporting entrepreneurship and economic development

Econ Dev

States across the U.S. spend billions of dollars every year on economic development, providing tax breaks, infrastructure, and programming to support small businesses. Azlo understands the importance of economic development in the small businesses ecosystem, and and we view partnerships with local entities as an additional opportunity to support entrepreneurs.

“As a fintech company, we understand that technology has lowered the barriers to entry to start a business — but not everyone knows which resources are available and how to use the technology. By supporting progressive economic development ecosystems, we are delivering on our mission to increase opportunity and financial inclusion.”
—Ramona Ortega, Entrepreneur-In-Residence, Azlo.

We are honored to have recently supported Accelerating Small Business Startup Growth, a training hosted by the Los Angeles Mayor’s Office of Economic Development and their Office of Community Business. The goal of this event was to build the capacity and knowledge of small business resource centers. Specifically, this training focused on the ways small business resource centers could help their clients use technology to scale their businesses.

The one-day summit provided training on the lean startup model, digital marketing, prototyping tools, and strategies for accessing capital to over 100 business coaches in the Los Angeles Area. To find out more, visit one of the nine Los Angeles BusinessSource Centers.

Economic development resources for small businesses

Economic development agencies within state and local government pour vast amounts of resources into developing and implementing programs to build strong economies.

These resources are varied; you’ll find programs focused on training and education, advocacy, planning, diversifying local economies, generating and retaining jobs, and many other topics.

With such a wealth of programs out there, we’re prepared to bet there’s one (or several) that could benefit your business. Here’s a short list of useful resources to consider:

The U.S. Economic Development Administration

The U.S. Small Business Administration


Hi there! This post exists to offer you (hopefully) useful information but it cannot take the place of personalized professional advice. Please consult a qualified expert if you have questions about your business. Also, Azlo doesn’t endorse any third-party sites that are linked here.

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