The need for strong economic development is urgent. As businesses seek to expand and create jobs in the aftermath of recent challenges, the importance of strategic support from government agencies has never been more critical. A10 Associates is proud to have facilitated significant funding for a key client, enabling their growth and job creation.
A Strategic Approach to Economic Development
According to recent reports, economic recovery post-pandemic is uneven, with many communities struggling to attract investment and create jobs. Targeted economic initiatives are crucial, especially in historically underserved areas. While individual efforts can drive change, they must be complemented by comprehensive, community-focused strategies.
A10 Associates, the largest woman-owned lobbying firm in the nation, leverages bipartisan relationships to focus on technology, infrastructure, transportation, healthcare, workforce, and beyond. Our expertise in securing local, state, and federal funding allows us to create new opportunities for our clients, driving economic growth and job creation across the country.
In this instance, A10 helped secure $1.43 million in tax credits and loans for a client seeking to expand operations. Our process began with issuing a Request for Information (RFI) specifying the needs of the client’s prospective site. Following this, we connected the client with key state officials, including representatives from the Department of Commerce and the Governor’s Office, ensuring they received the necessary support.
Building a Pathway to Success
After reviewing responses to the RFI, A10 facilitated discussions with various states to evaluate offers. We conducted in-person site visits to identify locations aligned with our client’s needs. Once a site was confirmed, we initiated the application process, detailing the capital expenditures and anticipated job growth tied to the investment.
The state’s offer was initially less than expected, given the projected significant job creation. However, A10’s negotiation expertise allowed us to advocate for our client effectively. Using our knowledge and relationships, we increased the state’s offer by 21.5%, ensuring that our client had the resources necessary to proceed with their expansion plans.
Creating Jobs and Driving Economic Growth
This achievement shows that targeted lobbying and strategic partnerships can have a substantial economic impact. The secured funding will empower our client to expand their operations, creating new jobs and stimulating local economic development. A10 remains committed to fostering growth and opportunity, ensuring businesses across the United States have the support they need to thrive.
Through these collaborative efforts, A10 Associates continues to demonstrate the power of strategic advocacy in driving economic development, paving the way for a brighter future for communities nationwide. If you require government relations assistance, we’d love to hear from you.