Incentive Negotiation

Local, state and federal governments along with other groups offer economic development incentives in order to attract new facilities, jobs and investment as well as retain existing facilities and employees. BEDA connects the growth plans of its clients with available incentives to reduce a company's overall costs and add dollars to its client's bottom line. BEDA identifies the programs available and works to secure support necessary for its client's expansion goals.

Incentive packages can have a significant impact on a project's cost and may include but are not limited to:

• Tax Abatements / Exemptions
• Income Tax Credits
• Tax Increment Financing
• Training Grants
• Project Grants
• Reduced Real Estate Costs
• Site Development Assistance
• Infrastructure Improvements
• Utility Rate Concessions
• Fast Track Project Timeframe / Permits