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Forbes Shire Council Forbes Shire Council Economic Development Policy For to Establish of a new Business in Forbes Policy Number: Minutes Number: Date approved Effective Authority Contact Officer
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How to fill out economic development incentive policy
How to fill out an economic development incentive policy:
01
Begin by reviewing the purpose and goals of the economic development incentive policy. Understand the objectives it aims to achieve and the target industries or businesses it intends to attract or retain.
02
Familiarize yourself with the eligibility criteria for the incentives mentioned in the policy. Understand the qualifications businesses must meet to be eligible for the incentives, such as job creation requirements or investment thresholds.
03
Gather all the necessary information and documentation needed to complete the application. This may include financial statements, business plans, and proof of compliance with any relevant regulations or permits.
04
Carefully read and understand each section of the application form. Follow the instructions provided and provide accurate and complete information. Pay attention to any specific requirements or additional documents that need to be included.
05
If there are any sections of the application that you are unsure about, seek clarification from the relevant authorities or organizations responsible for administering the policy. This will ensure that you provide the correct information and meet all the requirements.
06
Double-check all the information provided in the application for accuracy and completeness. Make sure all supporting documents are included and properly organized.
07
Submit the completed application within the specified deadline. Keep a record of the submission date and any acknowledgment or reference numbers provided.
08
After submitting the application, be prepared to respond to any additional requests for information or clarification that may arise during the review process.
09
Track the progress of your application and follow up with the appropriate authorities or organizations to ensure timely processing and decision-making.
10
Once a decision has been reached on your application, carefully review the terms and conditions associated with the approved incentives. Comply with any reporting or monitoring requirements outlined in the policy to continue receiving the incentives.
Who needs economic development incentive policy?
01
Local governments: Economic development incentive policies are often created and implemented by local governments to attract new businesses, encourage job creation, and stimulate economic growth in their communities.
02
Businesses: Businesses seeking to expand, relocate, or invest in a specific region may need to be aware of and understand the economic development incentive policy to take advantage of the available incentives and support.
03
Economic development organizations: Organizations responsible for promoting economic development at local, regional, or national levels need to be familiar with economic development incentive policies to effectively advocate for their communities and attract investment.
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