Economic Development

Helping the public and private sectors work together effectively.

Learn How We Do It

Site Selection

Choosing a favorable location for your business can be a significant competitive advantage. Effective site selection mitigates risk, reduces cost, and avoids potential adverse short- and long-term conditions. From the beginning of the development process, BT Strategies ED team plays a significant role in planning and defining a detailed evaluation of each project’s needs.

We partner with local and regional governments and economic development organizations to secure a variety of tax and relocation incentives that benefit both the community and our client.

In-depth Analysis Location-based Factors

Tax incentive analysis
Real estate market analysis
Advanced location analytics
Labor analytics
Tax environment
Real estate availability
Economic incentives
Demographics
Business climate
Competitor clusters
Transportation evaluation
Utility and infrastructure assessment
Geo-political risks
Accessibility

Incentives Advisory

Economic incentives are offered by all levels of government to encourage companies to invest and create jobs in certain communities. Incentives can take many shapes and forms, with some being simple filings on a tax return to others being extremely complex to navigate.

Securing and realizing economic incentives are essential for any company to minimize capital expenditure and reduce ongoing operating costs.

Maximize Your State & Local Incentives

State and Local Payroll
Tax Credits
Real and Personal Tax Abatement/PILOTS, FILOTS
Training Grants
Low Interest / No Interest Loans
Sales and Use Tax Exemptions
Infrastructure Grants
Land/Lease Savings
State and Local Discretionary Grants
Tax Increment Financing (TIF)
Industrial Revenue Bonds / Industrial Development Bonds
Cash Grants
Utility Rate Reductions
Special Tax Districts

Community Development

Implement economic development strategies to help communities foster business retention, expansion and attraction. As consultants to community development corporations, cities, and municipalities, we help cities, neighborhoods, and communities accelerate, reactivate, or sustain their vitality through cohesive planning, economic development, and community investment strategies.

Build Stronger Communities

Stakeholder Outreach and Community Engagement
Economic Development Strategy Plans
Comprehensive Plans
Land Use Studies
Market and Feasibility Studies
Strategic Processes and Models
Development of Concept Plans
City Representation in Redevelopment Process
Developer Selection and Coordination Process
Urban Planning and Design Guidelines
Community Benefits Agreements (CBAs)

Compliance & Administration

Limited resources can make compliance tough. Particularly when you don’t have the reporting capabilities needed to demonstrate your compliance with the terms of the incentive.

Our experts will keep you up to date with program changes and quarterly, semi-annual or annual reporting requirements. We provide an in-depth review/analysis of secured incentives packages, fulfill compliance requirements, and manage ongoing location-specific expenses in the state and local tax arenas.

Not Sure Where to Start?

We’re here to set you on a new path. Head to our Contact page and provide some brief information, then BT Strategies will be in touch.

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