“Oversized incentives get the headlines, but more firms find assistance in BEIP and BRRAG.” This article about New Jersey’s Business Employment Incentive Program (BEIP) and Business Retention and Relocation Assistance Grant (BRRAG) assisting companies featured Sills Cummis & Gross Member Ted Zangari. The article states, “BEIP and BRRAG incentives have helped companies ranging from tiny startups to global corporations, but with different impacts, said Ted Zangari…” According to Zangari, who is also the founder of the Smart Growth Economic Development Coalition, “Incentives only make a difference in corporate location decisions when all other factors between states are roughly equal. Then, and only then, does the company evaluate the financial incentive packages that may make one state more competitive than another state financially.”
