Increase Incentives for Local Economic Development
- Copyright
- 2021
- Published By
- Well Being In the Nation Network
Economic development incentives provide funding to businesses if they agree to meet the goals of a community. The local government might give incentives to a business to locate in a certain area. This business would provide jobs and revenue to that neighborhood. Or the business might provide shared space for community use. These incentives could be either direct funding or tax advantages.