Our system is designed to provide the maximum realizable economic assistance benefit. This is achieved by first understanding the unique elements of your project, then by developing a strategy with your input and finally by being persistent.
The dual challenge of economic assistance programs is having an appreciation for the larger economic desires of the community in which a project occurs while being able to focus on the details. Only under these circumstances are the maximum benefits realized.
Each economic assistance program has eligibility criteria, an application and compliance obligations during the active period of the program. The specifics of any one program are unique to that program. It is for this reason that the “when” benefits will be received varies.
In general, training and infrastructure grant programs tend to be front loaded cash benefits realized within a year or two of the initiation of the project. Tax related incentive programs typically have a longer ramping up of the program and thus are considered more of a downstream benefit.