top of page

must be negotiated in an ethical manner that assures both parties benefit. Economic Development Strategies & Solutions can help you navigate the wide variety of incentives that may be available from multiple jurisdictions. We will assist your company with acquiring all of the financial incentives available without leaving untapped resources on the table.  Negotiating incentives is both an art and a science. Like any science, it draws upon logic and a wealth of knowledge including specific financial characteristics of a community including revenues, expenditures, tax structure, land values, average salaries, and capital expenditures from the proposed project. It is important to understand both the benefits and costs associated with new or expanding businesses in the community. This strategic information can help in the decision making process as well as in the negotiation of incentives for recruiting or retaining businesses.

 

Communities and companies can achieve maximum benefit with incentives if all parties involved realize a benefit. Because because it is so difficult to maintain this sense of cooperation and mutual interest while securing the best outcome for the client, it is crucial that negotiators have the kind of experience offered by Economic Development Strategies & Solutions.

 

Our skills include negotiating tax abatement and other incentives with Fortune 500 companies for real and personal property, tax incentives, utility rate concessions, state and local grants, workforce training assistance, industrial revenue bonds, infrastructure upgrades, site improvements and many others. While accomplishing our clients’ goals, we adamantly pursue the highest standards of ethical behavior and professionalism throughout the negotiation process.  Our uncompromised integrity allows us to create an opportunity where both the public sector and private sector will both win.

 

 

 

 

 

Incentives Negotiation

 

 

Incentive negotiations are an important component of any capital investment decision whether related to a relocation, expansion, or consolidation. Financial incentives are typically determined by the number of new jobs, average salaries and capital investment involved.  Since the economic health of a local government depends on taxes, wages, and employment opportunities, many jurisdictions offer programs that promote business retention, expansion and recruitment. Some incentives and benefits are available by right, only requiring knowledge of their existence and an application.  Others incentives are discretionary and
 

bottom of page