State Incentive Grants

Virginia’s incentive grants to assist businesses with locating, investing, or expanding in the Commonwealth do result in greater state revenues and more job creation. That’s the conclusion of a study by the General Assembly’s Joint Legislative Audit and Review Commission, which also found that some grant programs have a more positive impact than others.  And as Virginia Public Radio’s Anne Marie Morgan reports, given the fierce competition among states to attract business, lawmakers were more interested in how to fine-tune the grants than in eliminating them.

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