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February 6 2017

Mark Nettleton Quoted in MiBiz Article Regarding Return on Investment with Economic Development Initiatives

On February 5, 2017, Mark Nettleton was quoted in MiBiz’s article “Grand Rapids reports 6 percent ROI with economic development initiatives.” Recently, the Grand Rapids Economic Development Department reported a six percent return on an investment of $197.6 million using six different types of state-sanctioned tax abatement programs. Mark commented that he could not say how the ROI numbers compare to other municipalities, but the fact that the numbers are positive shows real growth.