This post was written by Ellen Harpel, founder of Smart Incentives and president of Business Development Advisors LLC (BDA), an economic development and market intelligence consulting firm. Post originally appeared on Smart Incentives blog. Communities are increasingly supporting entrepreneurship as part of their economic development efforts, either as a complement to or replacement of business attraction
Tag: tax incentives
This week’s blog entry focuses on the friction between economic development incentives and demonstrated results, a trendy way to fund startups that is looking for an extra push, a green-tech cluster in an unlikely state, and the importance of a diverse, high(er) tech economy. Comment below or send to email@example.com. Get last week’s blog here.
The use of tax incentives to spur economic growth has come under scrutiny over the years. There are claims that incentives allow businesses to play communities off one another, promote “zero sum” economic growth, and essentially do nothing to actually lure businesses (who in all likelihood have already decided on their location). And from the