Incentives Watch Saturday, October 29, 2005 Here are some of the articles on incentives I came across last week: Nebraska's governor is happy with the new economic development package that recently passed the legislature. He says that it is already showing results. Read more. Bill Clinton's presidential library is eligible for $3.5 million in tax breaks, according to the Arkansas Supreme Court. Read more. Lenovo, the Chinese company that acquired IBM's personal computer business, could get as much at $11 million in incentives from state and local governments in North Carolina. New York and Georgia also competed for the 400 jobs.Read more. In North Carolina that's only about $27,500 per job: chump change. Incentives in the state have generally ranged from $45,250 per jobs for Credit Suisse (2004 deal for 400 jobs) to $411,000 per job for Nucor (1998 deal for 391 jobs). A conservative commentator argues that incentives have "gone wild". Read more. An Indiana executive speculates on the impact of a Supreme Court decision in the Chrysler Jeep case (Cuno v. DaimlerChrysler) that is due this term. Read more. In Memphis, controversy is heating up over the use of payments in lieu of taxes (PILOTs) by county governments. Read more. T-Mobile has set up a call center with 700 projected jobs in Springfield, MO here are the details. Read more. Dell explains that its $318 million incentive package from North Carolina was only one factor in its decision. Read more. Savannah kept an important asset in the basket when Gulfstream announced that it would keep its R&D center in the region. Although no details were released, the company received a "standard" package of incentives. 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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