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Brief

State Financing Incentives for Economic Development

Norton Francis
February 28, 2016
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Abstract

Access to financing is critical to businesses small and large looking to start new ventures, expand existing ones, or relocate facilities. When cost-effective financing is unavailable for worthy projects, state governments can and do step in to help. Governments use their power and their pocketbook to reduce risk for banks and investors, helping businesses by increasing access to capital through loans or investment. This brief is part of a State and Local Finance Initiative project on state economic development strategies.

Research Area

State and Local Issues State Economic Development Strategies
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