Monday, May 14, 2007
Alabama beat out Lousiana for a german steel plant. Alabama chosen as site for steel plant. The package for the steel giant includes $461 million in upfront incentives such as land acquisition, site preparation and work force training, and a total of $350 million over time in state and local tax breaks. Read more.
The $400 million pool created in Louisiana for the bid is now up for grabs. Read more.
In New York, the governor has been urged to shut down the troubled Empire Zone program. Read more.
Bill Schweke, a long time analyst of economic development incentives, continues to raise questions about incen tives policy in North Carolina. Read more.
Another noted analyst, Ross Gittell, outlined the benefits and costs of an R&D tax credit in New Hampshire. Pros outweigh cons in BIA R&D study
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.
If you are using a news reader, here is the link to syndicate this site:
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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.
Incentive Watch
