Project Tailored Incentives

• Negotiate Incentive Agreements: Negotiate final discretionary and as-of-right incentive packages with local (city, county, regional, utilities and special authorities or other entities) and state economic development officials. 
• Tax Segregation Analysis: Analyzing the different taxable cost components of a new facility in order to maximize initial tax abatements.       
• Workforce Development Programs Review: Training assistance for new businesses and industries are available as an incentive by most states when associated with new investment for facilities, equipment and new job hires. Austin helps to identify and obtain these funds.
• Infrastructure Grant Negotiation: These programs are available to help offset the start up costs in preparing the site or property for operation. These costs could include transportation upgrades, site improvements, utility capacity upgrades and line extensions.
• Minimize Impact of Claw-Backs: This can be done through continual involvement with the state and local authorities to make sure all parties follow through with their commitments.
• Program Audit and Compliance: Proceed to monitor the incentive programs to ensure that the full benefits of the negotiated incentives are realized.  In addition, determine if opportunities for additional incentives exist for expansion or when new legislation is passed.