Texas Cultural Trust Compiles Resources for Creatives and Small Businesses Hurt by Coronavirus
22 Apr 2020
The Texas Cultural Trust has undertaken a series of research and public policy initiatives to quantify the impact the cultural arts and creative sector have on the Texas economy. By building upon previous studies, we can highlight how the cultural arts positively impact the social and economic wellbeing of communities throughout the state. As part of an overall research program, the Texas Cultural Trust collects and updates datasets that illustrate the long-term growth and importance of Texas’ cultural arts sector. These economic briefs focus on three aspects of the creative economy: tax impact and revenue; tourism spending; and employment and wages related to non-profit arts and culture.
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Paycheck Protection Program Loan ForgivenessApr 15 2020
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Securities (CARES) Act, a $2.3 trillion relief package designed to help individuals and businesses weather the economic damage caused by the COVID-19 pandemic. The headliner of the CARES Act was the creation of the...
A Letter from Our Chairman: COVID-19 ResponseMar 24 2020
Our city, our nation, and our world are currently experiencing unprecedented circumstances. A global pandemic endangers our health, and economic conditions threaten our livelihoods. The Midland Development Corporation exists to strengthen and diversify Midland’s economy, and our mission is more critical than ever. Our hearts are with our city...
AST & Science’s SpaceMobileMar 4 2020
AST & Science, our tenants at the Midland International Air and Space Port Business Park, just announced Rakuten and Vodafone as their two new capital investors. This venture will extend mobile coverage to more people and devices across the planet, using the first mobile broadband network that will broadcast from...