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Raleigh crafts economic incentives guidelines

NOV 11, 2015

Businesses contemplating a move to Raleigh will soon know exactly how much they need to invest to receive substantial incentives from city government.

The city currently negotiates with businesses looking to move here or expand their presence here on a case-by-case basis. But it offers no guidelines or minimum standard for qualifying for incentives other than those set forth by the state’s Job Development Investment Grant program.

The proposed Business Investment Grant program endorsed by the city’s Budget and Economic Development Committee on Tuesday morning could go before the City Council at its meeting on Nov. 17.


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