Government Incentives and Grants
NSI’s record of successfully securing hundreds of millions of dollars of U.S. government incentives and grants on behalf of our clients is based on identifying, pre-qualifying and prioritizing specific incentives and grants to pursue. Our team starts by mapping all relevant incentives and grants. Once the list of relevant incentives and grants are created, we assist with pursuing and securing the relevant incentives and grants.
Many governments offer financial incentives in return for investment in capital equipment, real estate improvements and new payroll. These incentives most often take the form of cash grants for equipment, real estate improvements, site acquisition, utility infrastructure, corporate tax credits and refunds, sales and use tax exemptions and refunds, property tax abatements, wage subsidies for new positions, training and recruitment subsidies, low-interest financing, utility discounts and fast-track permitting. NSI maps all relevant incentives and creates an estimate of the cumulative value of savings expected over the duration of the benefits period. Once an organization decides to pursue the incentives, the NSI team provides support throughout the pursuit, including preparing economic and fiscal analysis, meeting with relevant government officials, evaluating incentive offers, participating in negotiations, helping with letters of commitments or other documentation.
With regard to grants, NSI maps all existing or expected relevant funding sources across each targeted state or local government market as well as the Federal Government. The focus is on identifying the relevant grants, including which entity controls the money, relevant stakeholders within each controlling entity, how it is distributed, what types of initiatives are eligible, how the funds are accessed and any specific process involved.