Closer Deal Analysis in Wichita
Wichita is considering the use of a "formula-driven incentive matrix" to help target incentives to businesses that can do the most good for the community, said Dave Wood, vice president for economic development with the Wichita Area Chamber of Commerce. The Greater Wichita Economic Development Council recently presented the matrix idea to a joint meeting of the Wichita City Council and Sedgwick County Commission.
Why use this tool? Because better front end analysis of deals is important to ensure that an incentive investment is justified.
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