Economic Developers Lower Expectations for 2013
Economic development officials across the country report lowered expectations for 2013 as prospect activity in the second half of 2012 was lower than expected, finds Avalanche Consulting in its biannual survey, Economic Development Activity Index, conducted earlier this year. The economic development consultancy, based in Austin, Texas, specializes in workforce…
Michigan Advances Pro-Business Image
By Rachel Duran
To say that Michigan’s economic development officials have turned on its head the less than favorable perception of the state’s business climate would be an understatement. A state well-known for a large presence of labor unions surprised the business world late last year when…
FPL launches PoweringFlorida.com
Florida Power & Light Company’s Office of Economic Development today announced the launch of PoweringFlorida.com – a new online resource dedicated to helping businesses start up, expand or relocate their operations in Florida
“A discount on FPL’s already-low rates can help businesses set up shop and expand…
California: Laying Claim to a Global Perspective
By Sharon H. Fitzgerald
Kish Rajan, director of the California Governor’s Office of Business and Economic Development (GO-Biz), has something simple to say about a California business locale: “We have a richness of resources that makes a really big impact on business,” he says. In fact, California is…
The Future of State Business Incentives
By Paul Lo and Mona Hamra, WTP Advisors
Program accountability and transparency are the new foundations of state incentive programs.
State and local economic development incentives have recently endured negative press. Most notably, The New York Times ran a highly critical series on incentive programs, entitled “As Companies Seek Deals…