States Re-Examine How They Use Incentives to Attract Business

Many states are taking a harder look at their traditional incentives offerings and opting for newer approaches including "economic gardening," consulting services, and cold cash.

The Wyoming approach is based on a concept called "economic gardening," http://matr.net/news.phtml?showall=1&catlabel=Economic+Gardening&cat_id=75 which originated in 1988 in Littleton, Colorado, under the direction of Chris Gibbons, who was then — and remains — the city’s director of Business/Industry Affairs.

Dan Calabrese

Full Story: http://www.areadevelopment.com/taxesIncentives/Winter2012/states-business-attraction-incentives-reexamined-66252555.shtml