Incentive Watch Saturday, March 05, 2005 Here's an example of a company gaming the system. Avery Dennison is seeking tax incentives to move from one location to another in the same county in Ohio.Read more. In Georgia, the state legislature has passed legislation to provide Georgia businesses with $1 billion in tax relief over the next ten years. In a leap of faith, proponents call the bill "revenue neutral". Read more. Site Selection magazine has awarded its latest Governor's award to Texas. Read more. The Dallas-Ft. Worth area hails the latest ratings. Read more. Meanwhile, a few folks in Dallas are raising questions along another dimension of economic development: Is Dallas good for smart people? No. Back to the Site Selection sweepstakes: Michigan's governor focuses on the fact that Michigan is rated number 2 in new corporate facilities and expansions. Read more. Iowa legislators are trying to revive the Iowa Values Fund, the state's premier economic development initiative. Read more. The same story is taking place in Mississippi, where legislators are trying to revive the recommendations of Momentum Mississippi. Read more. New Hampshire's governor has announced a $100 million loan pool to provide low cost financing to companies creating jobs in New England. Read more. In Cincinnati, Convergys has missed its job creation targets and faces a loss of tax incentives. Read more. Convergys was the subject of a controversial incentive deal when the company threatened to pull up stakes and move ac ross the river to Northern Kentucky. New legislation introduced in North Carolina would require state officials to disclose details of incentive deals after the negotiations are concluded. The NC Press Association prefers releasing information during negotiations, but this position is a non-starter for the business community. So, this compromise might pass. Read more. posted by Ed Morrison |		This work is licensed under a Creative Commons License. links Some Background on EDPro Weblog The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it. One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information. So, spread the word...Share the knowledge. Tell a friend about EDPro Weblog. If you are using a news reader, here is the link to syndicate this site: Here's the link if you are a bloglines subscriber: Speaking and workshops on Open Source Economic Development As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking. Background on Ed Morrison Download some background information on me here.

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