Discovering and applying new and innovative economic development tools, models, policies, and programs
Creating Jobs and Wealth in Distressed Michigan Communities

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2023: Local Investment Impact Analysis Project


Local investing, which involves individuals investing in businesses within their community, can have a significant impact on small businesses. This type of investment not only provides much-needed capital but also helps build stronger relationships between businesses and their local community. By investing in local businesses, individuals can help create jobs, support economic growth, and foster a sense of community ownership. Moreover, local investing can be a powerful tool for small businesses looking to expand their reach and attract new customers. However, it's important to note that local investing is not without its risks, and investors should carefully evaluate each opportunity before committing their funds. This paper will analyze all these factors that went into investing in local businesses with the usage of Machine Learning algorithms to analyze these factors.

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