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Benefits of a Local Incentive Policy: <br />• Increases the County's competitiveness to attract <br />desirable business projects that will stimulate economic <br />activity, diversify the County's tax base & create new jobs. <br />• Helps our business retention and recruitment when a <br />company's new location or expansion is in competition, <br />and at risk to select another location outside the county. <br />• Serves as the County's required "local match" for the <br />typical State discretionary grant that North Carolina is <br />also offering to the prospective company. <br />