Economic Development Incentive Procurement
We help identify and secure maximum support from city, county and state governments for relocations, expansions or investments . . . surpassing $185,000,000 for our clients to date. These incentives included loans, guarantees, sale leaseback's, grants, and tax forgiveness.
- $4.3 million to retain a family entertainment venue within NC
- $900,000 for 50 new jobs following a $3 million R&D investment
- $6 million for a new 300 employee customer service center in Texas
We succeed by broadly advocating the economic benefits our clients provide, with the goal of identifying useful statutes or developing support for our clients. Unlike lobbyists who work to create favorable legislation, new statutes, or unprecedented allocation of new funds, we succeed by working to identify existing statutes that can be applied to the benefit of our clients. On occasion, we also work with lawmakers or economic development advocates to establish a new interpretation of existing statutes that can be adapted to broader use for the benefit of clients. It’s important to identify advocates from the local political field, as a well-connected political advocate really streamlines the process, and in many cases is the only possibility of success in a reasonable timeframe.
Typically we can secure incentives if a client is moving across state lines with 50 jobs or planning an expansion in-place where 50 jobs will be added over three years. Alternatively, a planned investment of $5 million or more in real estate or machinery and equipment is often sufficient. We’ve also enhanced packages other resources had initiated.
You tripled the incentive package we had already negotiated