Category Archives: incentives

Opportunity Zones and Opportunity Funds – Another Economic Tool for Your Community?

The 2017 Tax Cuts and Jobs Act enacted in December 2017 also established what looks like a beneficial tool to attract private capital investment to economically distressed communities. Opportunity Zones and Opportunity Funds were included by Congress in the 2017 … Continue reading

Posted in incentives, rural economic development | Comments Off on Opportunity Zones and Opportunity Funds – Another Economic Tool for Your Community?

Keeping it weird

“Three Companies Back Out of Economic Development Agreements“, reports the Economic Development HQ blog.  Austin Mayor Lee Leffingwell stated in a press release, “In recent months, Austin City Council action instituted stringent requirements in regard to economic incentives.  It concerns … Continue reading

Posted in incentives | Comments Off on Keeping it weird

Site Selectors See Nashville and Neighbors

Four leading site selection consultants were in town, learning more about Nashville and us in the region: “Site selectors size up Nashville” — Nashville Business Journal

Posted in incentives, Quality of place | Comments Off on Site Selectors See Nashville and Neighbors

Economic Development Incentives – Show them the money, but don’t let our competitors see it.

I was reading the latest posts on the International Economic Development Council’s ED|NOW blog tonight and a mention of a report from a group called Good Jobs First titled Show Us the Subsidized Jobs: An Evaluation of State Government Online … Continue reading

Posted in incentives | Comments Off on Economic Development Incentives – Show them the money, but don’t let our competitors see it.

Economic Development Incentives

I just read an article on economic development incentives awarded by states to attract or retain companies.  Published in The Economist magazine, the article, “Sweet Land of Subsidy“, probably is more fair and balanced than most recent reporting on economic development … Continue reading

Posted in incentives, industrial recruitment | Comments Off on Economic Development Incentives

Interesting research on tax credits and incentives

The Pew Center on the States recently released a report titled Evidence Counts: Evaluating State Tax Incentives for Jobs and Growth.  It looks to be a valuable tool in understanding the economic development playing field among the states and how … Continue reading

Posted in incentives | Comments Off on Interesting research on tax credits and incentives

The greenfield sites are greener…

From RetailTrafficMag.com: “Hungry for Tax Revenue, Municipalities Serve Up Incentives to Lure Retailers and Developers.” Incentives shouldn’t be the seen as the first option. These communities could not be successful without funding marketing, staff and a community retail development strategy.

Posted in incentives, retail development, retail marketing | Comments Off on The greenfield sites are greener…

Targeting Regional Economic Development – no, it’s probably not everyone’s ‘fun, summer read’

I am reading a book, Targeting Regional Economic Development. It includes historical background on economic development programs and policies such as Mississippi’s Balance Agriculture With Industry initiative, which helped birth Southern industrial development efforts after World War II. One interesting … Continue reading

Posted in incentives | Comments Off on Targeting Regional Economic Development – no, it’s probably not everyone’s ‘fun, summer read’

But lots love the long-shot…

The article “Proof that Industrial Incentives are Poor Bet“on the Daily Yonder blog makes some good points on the escalation of recruiting incentives and how resources are probably better spent to support local business and to create a place for … Continue reading

Posted in incentives, industrial recruitment | Comments Off on But lots love the long-shot…