- Home»
- Community Resources»
- Competitive Business Climate»
- Local Incentives
Local Incentives
One way communities can remain competitive in the site location process, is through the use of local incentives. Having these tools available can give communities an edge during the final stages of negotiation. Without local incentives, communities run the risk of losing projects to competitors that are better prepared and take a proactive approach to marketing and attraction.
Communities that rely strictly on state-funded incentive programs will not be as competitive as those communities that are dedicating revenue to building local capacity. Communities should consider dedicating resources to infrastructure improvements and other incentives such as water and sewer connection fee discounts, upgrading machinery, providing temporary office space, and expansions to parking facilities.
Other Examples of Local Incentives:
- City water and sewer discounts
- In-kind services
- Training, infrastructure, moving equipment
- Property Tax Abatement
- Space for an incubator/training
- $XXX credit per employee for purchase of building
- Local "welcome" package including country club membership/chamber membership, waiving fees for personal bank and utility accounts
- Relocation expenses for any employees
- Real Estate, free or low-interest financing for improvements
- Parking lot expansions
- Access to Capital
- Upgrade machinery, purchase equipment
- Job placement assistance to trailing spouses
- Temporary office space to be used during construction and start-up phases
- Temporary housing for transition
- Utility incentives; waiver on hook-up fees, etc.
- Specialized training for local employees through a local community college
- Local construction permit fees waived
- Transportation to and around the community

