Digital Mission

Trusted and Intelligent Government

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Economic Development, International Relations, and Civic Engagement Economic Development

Grants, Loans, and Other Subsidies

Current Situation

Economic stimulus in the forms of grants, awards, and innovation competitions are common tools used routinely at national levels in government and often increases as a mechanism in times of economic instability. Administration of such programs can be centralized in particular agencies or spread across a number of government departments.

Goals and Objectives

Governments need to identify sectors where incentives are needed, apportion and pay funds appropriately, monitor the progress of projects, and evaluate effectiveness of the stimulus in achieving economic outcomes.

Technology Deployed

Hardware: PCs and smartphones and cloud platforms; Software: CRM, workflow management tools, project and program management systems, performance management tools, financial management solutions, analytics and reporting tools, and risk management solutions; Services: Business and IT services

Use Case Summary

Development of the national economy can often be imperfect, and interventions are needed over time in the form of economic stimulus to intervene where the market does not. Targeting the right fiscal interventions in the right sector to deliver the desired outcomes is a long-term process that needs to be managed responsibly.

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