What type of company should economic development public policy be most supportive of?

By PBN Staff
Twitter: @ProvBusNews

Providence Business News recently announced the winners in its inaugural Fastest-Growing and Innovative Companies competition, which is designed to identify companies on rapid paths to growth as well as those that are developing innovations in their marketplaces.

At a time when public dollars are scarce, especially for economic development initiatives, which of those kinds of companies should receive support (which could be monetary or regulatory)? Or should state policy give the most support to Main Street businesses that have a history of stable employment and markets, and may be suffering some during the current economic downturn?