tax credit

Understanding the Economic Impact of Film-Induced Tourism

June 16, 2023 / Comments Off on Understanding the Economic Impact of Film-Induced Tourism

ESI has worked with local and state governments across the US on economic development strategies that draw new spending and people into their communities, thus increasing spending and dollars circulating in the economy.  One such opportunity for this is at the intersection of film production and tourism, or what we call film-induced tourism, with travelers […]

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New Jersey Economic Development Authority Aspire Tax Credit Program

June 13, 2023 / Comments Off on New Jersey Economic Development Authority Aspire Tax Credit Program

Established within New Jersey’s Economic Recovery Act of 2020, and operated by the New Jersey Economic Development Authority (NJEDA), the Aspire Program is a gap financing tax credit program that supports strategic commercial, mixed use, and residential real estate development projects. ESI provides analytical and advisory services assistance to clients who are interested in seeking […]

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The Economic Impact of Montana Film Production: An Analysis of the Industry and the MEDIA Act

June 5, 2023 / Comments Off on The Economic Impact of Montana Film Production: An Analysis of the Industry and the MEDIA Act

The production of feature films, television series, and commercials can generate significant economic activity for their host communities, drawing out-of-town spending, generating jobs, and supporting local businesses. Because of this potential boost to local economies, many states provide incentives to attract productions as an economic development initiative. In 2019, the Montana State Legislature passed the […]

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