CEO Explains How Govt. Incentives Kept Stardock in Michigan

CEO Explains How Govt. Incentives Kept Stardock in Michigan

February 10, 2009

When Michigan Gov. Jennifer Granholm (D) gave a shout-out to Stardock CEO Brad Wardell in her State of the State address last week, there was a back story.

As GamePolitics reported at the time, Granholm credited Michigan's game and film production incentive program with keeping Stardock located in the state.

For its part, Edge Online interviewed Stardock CEO Brad Wardell, who explained the impact of the Michigan incentives on his company:

[Michigan state officials] came to us and said look, what are your problems with Michigan?" Wardell rattled off some of the barriers of Stardock's location: a shallow talent pool, the weather and the communication infrastructure (Stardock's offices use a Comcast cable connection)...

 

the state was receptive, coming to Stardock with a package that outlined plans to improve communication infrastructure, incentives to hire from local colleges and breaks on relocation costs when recruiting out of state.

"If you're having to pay a guy a salary of $50K, $60K, $75K, and then you have to pay extra for relocation costs, the tax credit can make the difference. It can take away the cost of moving expenses."

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Re: CEO Explains How Govt. Incentives Kept Stardock in Michigan

Maybe Oklahoma's government needs to talk to Michigan's government and actually learn how to implement tax incentives.

E. Zachary Knight
Oklahoma City Chapter of the ECA
http://www.theeca.com/chapters_oklahoma

Re: CEO Explains How Govt. Incentives Kept Stardock in Michigan

Michigan has enough money to give tax incentives to companies?  When did this happen?

Re: CEO Explains How Govt. Incentives Kept Stardock in Michigan

massive amounts of loans to keep the state afloat is how.

 

 

It is not murder; I am merely advancing the hands of the clock, just a bit.

Re: CEO Explains How Govt. Incentives Kept Stardock in ...

Michigan more likely looked at it this way:

They figured out how much this tax cut for them would cost them in lost revenue. They then look at how much overall revenue they would gain by having stardock expand their footprint in Michigan both directly (annual taxes) and secondary sources (sales taxes and increased business). They also looked at the probable revenue loss from stardock assuming they went to relocate someplace else that was more favorable.


Best keep your wits about you: The gears of life are always spinning, and ignorance eventually means you'll get caught in them.

Re: CEO Explains How Govt. Incentives Kept Stardock in ...

Pitty we can't convince philadelphia to make them a better deal ;p

GamePolitics ShoutBox

Posted 02/09/10 at 03:51pm
DarkSaber: I think he just goes round the internet copy+pasting the same bollocks to get attention.
Posted 02/09/10 at 03:41pm
Valdearg: @DS: I have to admit, I chuckled when I saw the 4 Feb 2010 on that post.. >.<
Posted 02/09/10 at 03:31pm
DarkSaber: Hm, Bioshock. Not that Zippy likes to beat the dead horse by ranting about it for TWO $&%£ING YEARS!
Posted 02/09/10 at 03:30pm
DarkSaber: http://www.escapistmagazine.com/forums/read/9.173063-Bioshock-yet-another-zippy-rant
Posted 02/09/10 at 03:26pm
Valdearg: @DS: Link!! LINK!
Posted 02/09/10 at 03:20pm
DarkSaber: Although, unsurprisingly, he's just being called an idiot alot and criticised for being as illegible as always.
Posted 02/09/10 at 03:18pm
DarkSaber: Oh good lord, I just found Zippy on The Escapist.
Posted 02/09/10 at 03:14pm
Valdearg: IE: Male body/Female Mind or Female Body/Male Mind.
Posted 02/09/10 at 03:13pm
Valdearg: @Zip: TG == Transgendered/Transsexual.
Posted 02/09/10 at 03:09pm
DarkSaber: Forget it Zippy, it's an abbreviation of a big word and so would be wasted on you
Posted 02/09/10 at 03:07pm
ZippyDSMlee: Vlag:....TG?
Posted 02/09/10 at 03:02pm
Valdearg: @DS: Im sure that's what they'd do if it wasn't legal to just tell Gays/TG's to "Screw off," just because they're who they are.
Posted 02/09/10 at 02:50pm
DarkSaber: Whoever told him/her/it that is dumb. They should have done like most companies and made-up some bullshit, yet legal, reason for it not getting the job.
Posted 02/09/10 at 01:18pm
Valdearg: I do agree that it shouldn't be legal. That's for sure.
Posted 02/09/10 at 01:16pm
Andrew Eisen: Shouldn't be. Spirit of anti-discrimination laws would seem to include sexual orientation (and eye color). Plus there's always equal protection and such. Never know until you try.
Posted 02/09/10 at 01:14pm
Valdearg: @AE: Doubtful. Again, it's perfectly legal.
Posted 02/09/10 at 01:10pm
Andrew Eisen: Should have sued (unless that wasn't an option given her financial situation or something). Might have won.
Posted 02/09/10 at 01:00pm
Valdearg: Story about a Male to Female TG who was expressly told she wouldn't be given a job because she was TG. Its not the main point of the story, but explicit, perfectly legal discrimination like this exists.
Posted 02/09/10 at 12:53pm
Valdearg: Lol, I don't know. It may very well be legal to do so. Though that might able to fall under the "race" restriction, depending on how that point is argued.
Posted 02/09/10 at 12:51pm
Valdearg: I don't think they do have any legal recourse. I'll have to dig around, but I seriously believe that if the law doesn't specifically mention Sexual Orientation or Gender Identity, they can still be discriminated against in those 29 states.
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