What Are Public Incentives?

Public incentives are designed to allow a company to reduce its costs and add revenue. They include:

Cash Grants
Tax Exempt Financing
Property Tax Reductions
Training Grants
Sales and Use Tax Exemptions
Federal Tax Credits
Forgivable Loans - Convertible to a Grant
Low or No Interest Loans
Public Infrastructure Support
Low or No Cost Land
Resources to Recruit Local Skilled Labor
Green Building Incentives, Deductions and Grants
Many More Creative Local Incentives

What You Should Know?

Every state and most localities utilize public financial incentives as tools to stay competitive in attracting jobs and capital investments. Job retention is also a critical element for attracting public financial incentives.

Key factors that influence the level and value of incentives are:

Experience and Knowledge
Established Relationships
The Right Approach
Jobs
Capital Investment

Who Benefits?

As you expand or modify your business, public financial incentives offer benefits to companies and communities:

Benefits to Companies	Benefits to Communities
Access to a skilled workforce Significantly reduced cost of doing business Access to grants and low or no interest loans Reduced tax liabilities Positive impact on ROI and ROA Access to attractive locations with good fit	Broader, deepened tax base Job creation Improved infrastructure Positive "Spin-off" effects for local businesses Enhanced community image Improved standard of living for residents

Why Your Company Benefits?

Your company should participate because:

The positive impact on the bottom line is very real. The benefits to your company can be very significant. It is well worth exploring the opportunities whether growing, maintaining or consolidating operations.
Hickey & Associates has assisted companies in securing hundreds of millions of dollars in incentives. We will guide you through the entire process and stay with you until dollars are fully realized.