Friday, January 4, 2013

Amusing: Other states station full-time business recruiters in California...

With the high taxes and smothering regulations, recruiting businesses to leave California must be a cushy job...

Via the WSJ:
Nevada is one of a growing number of states stationing full-time business recruiters in California, as the nation’s economy recovers and the competition for jobs heats up. Economic-development bureaus seek to attract business and jobs from wherever they can, but California has become a particularly attractive target lately thanks to the prospect of rising taxes and new regulations that other states think could make companies there easier to lure away—an idea disputed by California officials. …
Now, states that have traditionally staffed external business-development offices only overseas are adding manpower in the Golden State. It isn’t the only place under siege—Virginia’s Fairfax County, for example, has also opened an office in Boston to lure biotech firms—but many are zeroing in on California, betting that new policies going into effect there will begin to push more businesses and entrepreneurs out. …
Companies rarely relocate purely at a recruiter’s suggestion. But states are hoping to capture the attention of Silicon Valley venture capitalists as well as California’s large number of entrepreneurs and CEOs, and to make sure they are on the shortlist for any expansions or relocations.

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