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U.S. Department of Labor Employment and Training Administration Office of Trade Adjustment Assistance OMB Control Number: 12050342 Expiration Date: 9/30/2022Petition for Trade Adjustment Assistance
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Business and economic development refers to the process of improving the economic and social well-being of a community through the creation and retention of jobs, supporting entrepreneurship, and fostering economic growth.
Businesses and organizations that are involved in economic development activities or seeking to grow and expand their operations are required to file business and economic development reports.
To fill out a business and economic development report, businesses need to provide detailed information about their current operations, growth plans, job creation efforts, and economic impact on the community.
The purpose of business and economic development is to create a thriving business environment, attract investment and new businesses, stimulate job creation, and improve the overall economic health of a community.
Key information to report on business and economic development includes details on job creation, investments, collaborations with other organizations, and the overall impact on the local economy.
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