Out-of-state investors leave some states wary

January 4, 2016

“These (CAPCO funds) are actors who consistently exploit the taxpayers and exploit these programs that are intended for stimulating the economy,” said Julia Sass Rubin, a professor at the Edward J. Bloustein School of Planning and Public Policy at Rutgers University whose research includes equity capital and economic development. “They manage to pocket the subsidy and to lobby for more.”

The CAPCO groups’ new concept for Tennessee, which would have targeted rural areas, is no longer on track to be filed this year. While the state has avoided this legislation in 2016, these funds could resurface in the coming years.

The Tennessean, January 4, 2016

Recent Posts

Sophia Jones, Committed to Cultural Competence

Sophia Jones, PhD, has been a Public Health part-time lecturer at the Bloustein School since 2016. She was recently featured on "Meet the People of Rutgers." Sophia Jones, Committed to Cultural Competence Jeff Arban/Rutgers University The Basics Title: Program...

Upcoming Events

Event Series CAREERS

Career Virtual Drop-ins


Bloustein Career Development Specialists Cheryl Egan and Andrea Garrido will be in a Zoom Room on Monday's beginning January 22, 2024 (excluding holidays and spring break) to answer questions, provide […]