Site Selection In 2020: The Squeeze Is On
Wednesday, January 01, 2020
Attracting a relocating business to a particular place is tougher than ever in the current high-employment, incentive-skeptical climate. Yet in the face of such headwinds, economic development organizations have come up with some creative ideas to boost their site selection prospects.
Take Topeka, Kansas, where economic development officials recently rolled out Choose Topeka, a pilot program that offers money to workers to relocate to the city. Under the program, people with job offers in Topeka can apply for as much as $15K if they are looking to buy a house in the area, or $10K if they sign a one-year apartment lease.