The Dell suit overshadowed another important bit of incentive news last week. Roanoke and the State of Virginia are seeking the return of $1.4 million in incentives from Johnson & Johnson. They say the company failed to meet job targets. Read more.
In other news, Louisiana has paassed two important incentive provisions. The first involves creative media. Read more. The second involves incentives for angel investors. Read more.
Here is an interesting story that contrasts how Connecticut and Massachusetts are responding in a contest over a corporate headquarters. Read more.
Last year, Indiana approved tax credits to encourage venture-capital investment. Only a portion of the available tax credits have been claimed. Read more.
In Rhode Island, the state to have succeeded in keeping one of its oldest manufacturing companies, Brown & Sharpe. Read more.
posted by Ed Morrison |
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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.
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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.