Economic Development Incentives that Aren’t Tax Breaks

What’s happening? As tax credits are met with political opposition, other economic development incentives include- electricity discounts, new college campuses near large projects, and infrastructure improvements like roads and bridges

Why is this important? State and local governments are getting increasingly competitive to our manufacturing projects

How will this be important? let’s keep watch at how creative the incentives get. When I lived in the California Bay Area, incentives included a year of in house chef services….who knows what they think of next.

Route Fifty | In the Race to Win Electric Vehicle Factories, States Are Handing Out Big Incentives at Lightning Speed