C2ER has just finished its latest update of the State Business Incentives Database. This makes the State Business Incentives Database even more valuable to users who need the most up-to-date information on state programs.
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Data is one of the key elements of the Smart Incentives 4×4 framework that enables communities to make sound investment decisions. Unfortunately, good data on how well incentive programs work is often lacking. This lack of data hinders both economic development professionals in their day-to-day work and policymakers in their leadership and oversight roles.
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An old shoe factory in St. Paul is transformed into an LEED-certified affordable housing structure. Across the river in Minneapolis a disused library building becomes a neighborhood career and technology center. These are just two of the projects benefiting from the Minnesota Historic Structure Rehabilitation State Tax Credit.
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States have been giving film incentives for over 20 years. Louisiana was a pioneer in this area, introducing a motion picture incentive in 1992, subsequently expanded in 2002.
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While many state economic development programs aim to provide incentives to businesses from any industry, a large proportion of state programs target their incentives at specific industries.
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