As part of its inaugural discussion, participants at the State Economic Development Agency Leaders Workshop (November 2015 in Phoenix, AZ) learned more about the Business Incentives Initiative that CREC conduced with the Pew Charitable Trusts. As follow up, the participating leaders asked for information about the performance indicators peer states use to assess their incentive programs.
In response, CREC sent email requests in December and January to the leaders of the state economic development organizations that participated in the November meeting to request information on program performance indicators in use. CREC facilitated this request by providing each state with a template with program names (from the Council for Community and Economic Research or C2ER State Incentives Database) and asking for input on indicators and activities/milestones used to monitor each of the state’s programs.
