The Incentives Year in Review: Biggest Wins and Lessons of 2025
Looking back at 2025, several themes stand out in the world of economic development incentives.
Major Wins
- Communities showed strong support for manufacturing and healthcare projects, with several record-setting packages.
- The rollout of the JETI program in Texas provided a new pathway for large-scale projects.
- Workforce development programs became more visible and impactful than ever.
Key Lessons
- Timing remains critical. The companies that engaged early saw the strongest results.
- Incentives beyond taxes, including training and infrastructure, often provided the most immediate value.
- Partnerships with local economic developers proved essential to navigating complex negotiations.
Looking Ahead
The lessons of 2025 will inform strategies in 2026. Companies that remain proactive and deliberate will continue to capture the greatest benefits.
