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Headlines in growth Incentives

Midwest robotics Company receives Seven Growth Incentive award offers valued over $10M

11/27/2017

 
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ENJEN Growth Advocates procures 6 tailored award offers of tax credits, rebates, and growth grants valued over $10M, for a small midwestern robotics company of 200+ employees. 

A robotics systems integrator considering growth in capital expansion and job creation, utilized ENJEN's competitive growth bidding services for tax incentives and grants and receives maximized tailored award package.  Read the Case Study below.

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Bagging the Big One - In Cost to Tax Payers

11/17/2017

 
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Wisconsin Bagged the big one in expensive jobs... Read How Wisconsin landed Foxconn's in price per jobs, but think how many jobs could be created for even a tenth of $10 Billion distributed to a constituency of Wisconsin businesses.
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How Wisconsin Landed Foxconn
​by Ron Starner, Site Selection Magazine.
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​Remember the big one that got away? Wisconsin doesn’t.


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You don't have to be amazon to get Incentive bids

10/30/2017

 
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Midwest company of 200 employees receives  bids from 5 states and Mexico ranging from $2.5M to over $8M to expand their headquarter location and create new jobs.

Another small manufacturing company of under 10 employees receives bids from 3 states ranging from $110K to $500K.

Economic Development incentive offers are not just for the Amazonian size companies. Businesses of all sizes looking to invest in growth, R&D, and job creation are eligible. 

Tax credits, rebates, grants, and other subsidy awards are available to support your growth.

Bidding high is worth the risk to win Amazon's second headquarters...OR IS IT???

10/17/2017

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Read this and more just like it and then ask yourself...wouldn't it be smarter to take this money and energy and use it to grow the multitude of small to mid-market companies?  Post2grow.com
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Ever want something so badly you were willing to pay much more than anyone else? For those hoping to bring Amazon’s second headquarters to Chicago, that’s probably the mindset.
Yes, bidding high is a risk worth taking by Mayor Rahm Emanuel, Gov. Bruce Rauner and other government and business leaders, who are backing the Chicago area in a nationwide competition to become the site for Amazon’s HQ2.

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Amazon's HQ2: 'Why' It's Making The Move Matters More Than 'Where' and why mid-market should pay attention

9/29/2017

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Small and mid-market companies can learn from the behemoth relocations. Contributor Pete Saunders to Forbes proposes the idea that Amazon is chasing the talent or looking for a hub to adapt to its industry. These are crucial metrics that companies of all sizes are need to aligning with.  Economic Development agencies are busy growing hubs and looking for ways to create workforce that support industry in tailored hubs for all size businesses, not just the Amazon. 

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OPINION: Film tax credit handouts are scarier than any horror film

8/31/2017

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ENJEN's opinion is to not not waste time in disagreement about what is, but rather advocate for small to mid-market companies to match their growth with RFP's for economic tax breaks that support real job creation and workforce development. A responsible use of tax dollars instead of what Payton Alexander points out as money going to those who ask for it. 

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Wisconsin Assembly set to approve $3 billion for Foxconn

8/17/2017

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Combining efforts between government agencies and private industry to grow business is the wave of the future. The efforts led by the private cooperative economic development organization, known as the Milwaukee Seven, was instrumental in facilitating the headline news breaking deal. This can serve as an example of the potential a business can stand to gain when utilizing the focused efforts of growth advocacy and alignment or matching with the right economic region. Read the lastest on this deal from ABC's Scott Bauer:

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States Weigh the Price of Financial Incentives for Business Development

7/17/2017

 
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This year, states will have the opportunity to better evaluate the efficacy and value of tax incentives designed to attract, expand and retain business activity in their states with the implementation of the Governmental Accounting Standards Board’s Statement 77, or GASB 77, which for the first time requires state and local governments to disclose in their financial statements how much revenue was lost to tax abatements for economic development. By  Lisa Mckinney, The Council of State Governments

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East Coast Advanced Robotic Initiative wins $250M

5/5/2017

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$250 Million dollar award is brought about by a collaboration between, Government, Private Industry, and Acedemia for the benefit of manufacturing in the US. James Carrol published this article recording the efforts and focus on new generation consortiums. Read the Full article below.

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Smart Skills versus Mindless Megadeals:

4/20/2017

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September, 2016 Good Jobs First Research used data from dozens of programs and deals in Good Jobs First’s Subsidy Tracker database, we draw sharp comparisons between the costs of workforce development programs versus company-specific “megadeals.” Whereas 31 out of 33 training programs have four-figure costs per job, our current megadeals database shows an average cost to taxpayers of more than $658,000 per job. Costs per job are especially high in capital-intensive projects such as oil and gas production, microchip fabrication plants, data centers, and steel mills. (Download the research in Read More.)

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​Working to create 1 million jobs within smaller companies across the US, with the support of State, Local, and Federal Government Incentives tailored for you in a matter of a few weeks.

"I am committed to aligning our energy to serve your growth and transformation."
​Sincerely,  Jennifer Kraus
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