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The downside of these partnerships (mostly on the nonprofit side) is that they can be time consuming and costly to cultivate. Fundraising activities and events must comply with local laws and carry adequate liability insurance. For both the company and the nonprofit, public-private partnerships appear to be a win-win.
The program, featuring a Major Investments Learning Community, was launched in response to the spate of major federal investments made in recent years through the Bipartisan Infrastructure Law, the CHIPS and Science Act, the American Rescue Plan Act and the Inflation Reduction Act. In under a year, the team grew to more than 100 employees.
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