Business Incentives Initiative
Pew’s business incentives initiative helped states identify and share best practices for collecting, managing, and analyzing data on economic development incentives. The initiative collaborated with the governors of Indiana, Maryland, Michigan, Oklahoma, Tennessee, and Virginia, each of whom had assembled a team with expertise in economic development, revenue, budgeting, auditing, and other areas. These groups worked across agencies and states to share innovations and resolve common challenges.
The initiative culminated with the release of a report outlining effective strategies that states can use to improve their own economic development investments. The business incentives initiative was a joint project of Pew and the Center for Regional Economic Competitiveness and was supported by the Laura and John Arnold Foundation.
Watch the videos below to hear from state officials involved in the business incentives initiative.