Brief State Financing Incentives for Economic Development
Norton Francis
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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 Areas Economic mobility and inequality Taxes and budgets State and local finance
Tags State and local tax issues
Policy Centers Urban-Brookings Tax Policy Center